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 ...

Digital assets saw a new weekly record as inflows hit $2.9 billion last week. Bitcoin recorded inflows of $2.86 billion, while Ethereum, Solana and Polygong saw minor outflows. CoinShares shared the details in its Digital Asset Fund Flows report published on Monday, March 18. The crypto investment space saw a record $2.9 billion in inflows last week, digital assets manager CoinShares says. Per the report, the figure beat the previous week’s $2.7 billion, with this a seventh consecutive week that crypto investment products are seeing inflows. “ This week’s in flows have pushed year-to-date in flows to US$13.2bn, smashing the full 2021 in flows of US$10.6bn ,” CoinShare’s global head of research James Butterfill noted in the Digital Asset Fund Flows report published on Monday, March 18. Bitcoin saw inflows of $2.86 billion In a week where Bitcoin price shot to a new all-time high above $73k before flipping negative to test lo...