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US spot Bitcoin ETFs recorded inflows of US$556M, the highest since June. Additionally, the Avalanche Foundation plans to repurchase nearly 2 million AVAX sold to Terra in 2022, while Canary Capital Group has filed for the first Litecoin ETF.
Bitcoin ETFs have seen a remarkable surge with daily inflows of US$235.2 million, while Ethereum ETFs remain stagnant. Despite market shifts, Bitcoin holds steady, and Sui skyrockets 115%.
Discover how blockchain technology powers cryptocurrencies with unmatched security and transparency. Learn the workings, types, and applications.
You might be wondering, ‘what is an airdrop in crypto?’. It’s a common question as drops are becoming a popular phenomenon in the cryptocurrency community. These events involve distributing free tokens or coins to a wide audience.
Cryptocurrencies continue to show strong performance, outpacing the stock market. However, Bitcoin ETFs are experiencing major outflows amid rising tensions in the Middle East. Meanwhile, retail sales rose 0.7% in Australia.
Bitcoin saw US$321M in inflows following the Fed's rate cut. Speculation rises about China's stimulus measures potentially boosting crypto prices. Meanwhile, Australia’s CPI dropped to 2.7%, reaching a three-year low, while the US Fed cuts rates by 50 bps.