Spot ethereum (ETH) exchange traded funds (ETF) in the U.S. saw record daily inflows on Friday, another sign that the second-largest cryptocurrency is gaining momentum as a catch-up trade after vastly underperforming bitcoin (BTC) this year. The nine products combined booked $332.9 million in net inflows during Friday’s shortened trading session, <a href=”httpss://farside.co.uk/eth/” target=”_blank”>data</a> compiled […]
Bitcoin Price Makes Another Run at $100K as U.S. Traders Return After Thanksgiving
One week after its first attempt, bitcoin (<a href=”httpss://www.coindesk.com/price/bitcoin” target=”_blank”>BTC</a>) is once again approaching the $100,000 milestone on Friday as crypto prices surged higher alongside the return of U.S. traders following Thanksgiving. The Coindesk Bitcoin Index climbed to a $98,690 session high during early U.S. hours, advancing 3.3% over the past 24 hours. The broad-market […]
I Watched Justin Sun Eat the World’s Most Expensive Banana. I Don’t Get It.
Justin Sun walked into the room flanked by his usual entourage of bodyguards and advisers and made his way to the stage. Behind him, a banana was duct taped in position on a white wall. On either side, two blank-faced men in white shirts and black aprons stared into the sea of cameras and smartphones. […]
HyperLiquid’s Native Token Debuts at Fully Diluted $4.2B Market Cap
<a href=”httpss://www.coindesk.com/learn/what-is-a-dex-how-decentralized-crypto-exchanges-work/ ” target=”_blank”>Decentralized crypto exchange</a> HyperLiquid distributed its native token, HYPE, spurring demand that saw the price jump to $4.18 from an initial $3.2 and lifting the fully diluted value (FDV) to $4.2 billion There are 333 million of the planned 1 billion tokens in circulation after the airdrop, giving a market cap of […]
Crypto for Advisors: To Crypto or Not to Crypto?
In today’s issue, <a href=”httpss://www.linkedin.com/in/djwindle/” target=”_blank”>DJ Windle</a> from Windle Wealth looks at the risks advisors face when they can’t or won’t help clients who want exposure to digital assets. Then, <a href=”httpss://www.linkedin.com/in/hongzhesun/” target=”_blank”>Hong Sun</a> from Core DAO talks about custody and DeFi in Ask an Expert. Thank you to our sponsor of this week’s newsletter, […]
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