Massive / 2 posts found

MASSIVE Gains on Horizon for WTRX & UNI – but who else is surging in the latest bull rush?

MASSIVE Gains on Horizon for WTRX & UNI – but who else is surging in the latest bull rush?

Cryptocurrency It is interesting to see that even though the price of top cryptocurrencies like Bitcoin and Ethereum have dropped significantly, new cryptocurrencies are still gathering interest in the market. Also, gaming in the metaverse seems to be the latest trend in Web3, and crypto projects involving the Metaverse have been surging.  Investors have gained massive profits by investing in new cryptocurrencies. Presently, the prices of some of these new cryptocurrencies have more than quadrupled – setting them apart from other coins.  There have been strong indications of a considerable price fluctuation in the crypto market very soon, and many […]
Bitcoin ETPs Saw Massive Inflows in May Despite the Crypto Market Selloff Catalyzed by UST’s Depeg Event

Bitcoin ETPs Saw Massive Inflows in May Despite the Crypto Market Selloff Catalyzed by UST’s Depeg Event

Summary: The month of May saw a strong recovery in the inflow of Bitcoin into ETPs, with a total of 9,765 BTC. The flow of BTC into Bitcoin ETPs has also been favorable into June, with the global holdings hitting an all-time high of 205,008 Bitcoin. The Canadian Purpose Bitcoin ETF has led inflows of Bitcoin into ETPs. The month of May 2022 will go down in history as one of the most tumultuous periods in the Bitcoin and crypto markets primarily due to the crypto-wide sell-off kick-started by UST depegging and subsequent massive inflation of LUNA. The events caused […]