Avalanche AVAX: Up 134% as Institutions Embrace Network for Capital Markets 2.0

Avalanche’s Spruce Subnet has been used by Citi to successfully explore the tokenization of private equity funds. In collaboration with Wellington Management and WisdomTree, the experiment sought to determine the network’s potential to re-architect capital markets and improve financial services. Avalanche has received increasing interest at the institutional and individual level, resulting in its currency […]

Bitcoin ETF Party “Just Getting Started” as Inflows Go Parabolic

Bitcoin exchange-traded funds (ETFs) have seen an explosion of interest over the past week, with net inflows dwarfing early demand. An astounding $2.2 billion has flowed into the 10 US spot bitcoin ETFs over just the last 4 trading days alone, handily surpassing the $2 billion amassed over the funds’ first 4 weeks of existence. […]

Gold ETFs Hemorrhage Billions as Investors Favor Bitcoin

Once the darling of inflation-wary investors, gold ETFs have fallen dramatically out of favor in 2024. The 14 leading funds have bled over $2.4 billion in exits this year through February 14th, based on data from Bloomberg analyst Eric Balchunas. Hardest hit were BlackRock’s pair of funds, iShares Gold Trust Micro and iShares Gold Trust, […]

Meme coin bubble burst? Cardano could be the safe haven

In the last year, the crypto market witnessed a massive drop in the investment rate and market cap of multiple meme coins including Dogecoin, and Shiba Inu. Meme coins were created on the base of viral funny memes featuring popular animals and under the influence of celebrities. However, recently, there has been a shift in […]