DeFI News by Thebittimes.Com

VanEck says Bitcoin is poised to record “repeated all-time highs” in coming months and could reach $180K by next year. “It is just getting started,” said VanEck’s head of digital asset research Matthew Sigel in a Nov. 14 interview with CNBC’s Squawk Box. He added that the market is now in “blue sky territory” with “no technical resistance.”  Number Of Calls To VanEck About BTC “Starting To Accelerate” During the interview, Sigel said that VanEck has experienced an influx in the number of calls from investment advisers who are either not yet invested in BTC or want to increase their exposure in the leading crypto. He subsequently predicted that capital will soon flow into Bitcoin. Sigel did, however, warn that a post-election dump may be in the cards for the flagship crypto. He noted that BTC’s price is currently displaying a similar pattern to that seen after the 2020 elections, when it doubled in...

Ethereum (ETH) exchange-traded funds (ETFs) have seen five consecutive days of net-positive inflows for the first time, suggesting Wall Street investors have turned bullish on ETH. Notably, the recent bullish activity has made the funds’ cumulative flows positive for the first time since the SEC’s approval. This marked a significant shift in Wall Street’s perception of Ethereum, which lagged behind Bitcoin’s (BTC) ETF demand since July. Finbold gathered ETH ETF flow data from November 6 to 12 at CoinGlass , representing the unprecedented five consecutive positive days. Interestingly, November 11 had the largest total daily inflow of $295.50 million, with BlackRock’s ETHA absorbing $101.10 million. Picks for you Crypto trader misses out on $24 million selling PNUT early for $681 loss 27 mins ago ...

The Bitcoin Price has surged by 0.3% in the last 24 hours to trade at  $59242 as of 8 p.m. EST on a 26% pump in trading volume to $38.9 billion. This rice price comes as Bitcoin ETFs mark the ninth day in August with recorded outflows deviating from the typically positive trend observed in previous months. Among the Bitcoin ETFs, Grayscale’s Bitcoin Trust saw the highest outflow of $70.2 million, followed by ARK’s ARKB with $65 million, Bitwise’s BITB with $16.4 million, Fidelity’s FBTC with $12.9 million, and Invesco’s BTCO with $11.1 million. 🚨 US #ETF 30 AUG: 🔴$176M to $BTC and ⚪$0M to $ETH 🌟 BTC ETF UPDATE (final): -$176M • No US Bitcoin ETFs saw an inflow yesterday. • The total flow for the week is -$227M with outflows on the past 4 days! 🌟 ETH ETF UPDATE (final): $0M • All US Ethereum ETFs had $0 net… pic.twitter.com/g2ek81iNSZ — Spot On Chain (@spotonchain) August 31, 20...