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Bear market comments are being bandied about on crypto social media again as markets continue to retreat.
The iShares Bitcoin Trust (IBIT) has seen two-day inflows reach $184.5 million — and is also the only U.S. spot Bitcoin ETF to see inflows so far this week.
Powerhouse web3 brand Bored Ape Yacht Club has seen the floor price for its once-celebrated NFTs reach its lowest point since August 2021. The floor price has declined by more than 90% from its all-time high, which it hit almost exactly two years ago.
LBBW’s crypto custody offering is expected to launch in the second half of 2024.
The US spot bitcoin fund category has notched negative net flows over the course of a week just three times since coming to market in January
EigenLayer recently launched on the Ethereum mainnet. One of the main ways to get into EigenLayer is to contribute to securing Ethereum. This is an excerpt from The Block’s Data & Insights newsletter.
- 20:21PancakeSwap destroys about 9,155,300 CAKEs, or about $23 million dollarsDec. 30 (Bloomberg) -- Multichain decentralized exchange cex has announced that it has just destroyed 9,155,328 CAKE tokens, worth about $23 million.
- 20:19ETH breaks through $3,400The market shows that ETH breaks through $3400, now at $3400.38, up 1.28% in 24 hours, the market fluctuates greatly, please do a good job of risk control.
- 20:19Bank of America analyst: Inflows into euro investment-grade bonds will continue to increaseBank of America analysts said in a report that more money will flow into euro investment grade bonds than into government bonds and equities in 2024. The Bank of America said this trend is supported by increased market demand for higher yields as interest rate cuts lead to lower government bond yields. “As interest rates fall further in 2025, we think inflows into investment-grade bonds will continue to increase and will also outpace inflows into other 'risk-free' assets.”