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VIRTUAL jumps 29%, but $4M in outflows and declining momentum indicators hint at a speculative rally. Can demand sustain the surge?
TRON, Jupiter, and Sonic lead today’s crypto market rally, fueled by major announcements and trading activity spikes. Learn more inside.
A Litecoin ETF would “most likely” be the next spot crypto ETF approved in the U.S., Bloomberg Analyst Eric Balchunas said.Canary Capital filed an amended S-1 form for its Litecoin ETF application on Wednesday, which may indicate engagement from the SEC.
Canary Capital’s updated Litecoin ETF filing hints at SEC progress, igniting optimism and a price surge for LTC. Formal approval steps are still awaited.
VanEck's "On-chain Economy" ETF aims to invest in companies driving crypto innovation while steering clear of direct cryptocurrency holdings.
- 05:28Goldman Sachs: Tariffs on Canada and Mexico will increase US inflation by 0.6%Goldman Sachs economists predict that Trump's imposition of a 25% tariff on imported goods from Canada and Mexico, and a 10% tariff on Canadian energy, will cause US core consumer prices to rise by 0.6%. "We do not rule out the possibility of suspending tariffs at the last minute," they wrote in a report to clients on Monday night. This time, an obvious strategy is to postpone the deadline until April 2nd in order to align with other planned tariff announcements. If tariffs take effect, we believe they are unlikely to become a permanent feature of US trade policy, although how long they will last is uncertain." In January, the U.S. core consumer price index excluding food and energy rose by 3.3% year-on-year while the Fed-preferred PCE index rose by 2.6%.
- 05:26In the past 24 hours, there has been a net outflow of $660 million in Bitcoin funds, ranking firstAccording to Coinglass data, in the past 24 hours, Bitcoin has had a net outflow of $660 million, ranking first. Ethereum had a net outflow of $314 million, ranking second. The other major cryptocurrencies are as follows: · SOL with a net outflow of $137 million; · ADA with a net outflow of $114 million; · XRP with a net outflow of $110 million; · TRUMP with a net outflow of $70.73 million.
- 05:25The suspected Longling Capital wallet address withdrew 2000 ETH from CEX and deposited it into AaveAccording to on-chain analyst The Data Nerd, a wallet suspected to belong to Longling Capital withdrew 2,000 ETH (approximately $4.1 million) from CEX three hours ago and deposited it into the Aave protocol. This wallet has now deposited a total of 73,302 Ethereum (about $151 million) on Aave while borrowing 47.4 million USDT and 16.22 million USDC.