In Brief ZORA’s price surged to an all-time high after a 360% rally, fueled by Binance Futures support and Base App integration. Increased user engagement and platform activity contributed to ZORA’s market cap growth from $35 million to $300 million. ZORA saw a spike in social media mentions and creator activity, signaling growing interest and…
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In Brief Bitcoin spot ETFs saw $713 million in outflows last week, marking a 314% surge from the prior week’s $172.69 million. BlackRock’s IBIT suffered the largest outflow, losing $343 million, nearly half of the total withdrawals from BTC funds. The derivatives market sees a decline in open interest, signaling short-term caution, while positive funding…
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In Brief Stellar’s 30% price recovery this month aligns with consistently positive funding rates, reflecting bullish trader sentiment. The Chaikin Money Flow indicator near zero shows weak inflows, highlighting investor uncertainty that could hinder sustained recovery. XLM must maintain $0.416 support to target $0.583; failure risks a drop to $0.355, delaying its upward momentum. Stellar (XLM)…
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In short Bitcoin (BTC) venture items got more than 85% of the complete inflows last week, with almost $229 million of inflows, while Ethereum had $17.5 million. Crypto speculation items saw inflows for the 6th sequential week, adding up to $767 million. This surpassed the absolute inflows of 2022. Crypto speculations flood with $767 million…
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In a word Benjamin Cowen recommends current crypto market increase might be because of financial backers inclining toward moderate crypto choices. That’s what cowen places in the event that the all out market cap doesn’t arrive at new highs, it could show financial backers are reshuffling portfolios. In spite of suspicion, a few clients accept…
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