Shiba Inu Stands Tall As Coinbase Delists Bitcoin, Dogecoin From Payment Service Shiba Inu Stands Tall As Coinbase Delists Bitcoin, Dogecoin From Payment Service

Shiba Inu (SHIB) has gotten one over its meme coin counterpart, Dogecoin (DOGE), following Coinbase’s decision to delist crypto tokens adopting the UXTO model, including the flagship cryptocurrency, Bitcoin, from its payment service.  Coinbase Delists Bitcoin And Dogecoin, But Keeps Shiba Inu The Product Lead for Coinbase Commerce, Lauren Dowling, revealed in an X (formerly

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Crypto Euphoria: Digital Asset Funds Sees $2.4 Billion Inflows – Here Are The Key Factors Behind It Crypto Euphoria: Digital Asset Funds Sees $2.4 Billion Inflows – Here Are The Key Factors Behind It

CoinShares, a crypto asset management firm, has recently reported that there has been a notable surge in weekly inflows into crypto asset investment products, reaching a record high of $2.45 billion. The cumulative inflows for the year-to-date period have now reached $5.2 billion. According to the firm’s Head of Research, James Butterfill, the recent surge

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Coinbase sees major Bitcoin withdrawal, holds lowest confirmed supply since 2015 Coinbase sees major Bitcoin withdrawal, holds lowest confirmed supply since 2015

Quick Take Data unveiled during Asia hours from Coinbase revealed a sizable withdrawal of over 18,000 Bitcoin, as confirmed by Arkham Intelligence, Glassnode, and Coinglass.  This substantial outflow of nearly $1 billion has significantly influenced Coinbase’s exchange balance. The funds have been sent to several different addresses with the Bitcoin split across new wallets. Balances
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Alameda Research’s Worldcoin holdings jump $50 million as WLD hits new peak Alameda Research’s Worldcoin holdings jump $50 million as WLD hits new peak

Alameda Research‘s holding in Worldcoin’s native token, WLD, has surged by over $50 million in the past day, thanks to the asset’s new all-time high. According to data from crypto analytics platform Arkham Intelligence, Alameda currently holds 25 million WLD tokens, valued at $186 million, constituting 33% of its portfolio worth. Over the past months,
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Despite $7 billion GBTC outflow, Bitcoin ETFs net $4.9 billion since January Despite $7 billion GBTC outflow, Bitcoin ETFs net $4.9 billion since January

Quick Take BitMEX’s data analysis presents a clear picture of the recent Bitcoin inflows and outflows into the ETFs. The Bitcoin ETFs experienced a significant inflow of $331 million on Feb. 16, contributing to a weekly net flow of $2.273 billion. This robust inflow marks a continued trend since Jan. 11, with the total net
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Bitcoin on track for rare six months of consecutive gains

Quick Take Bitcoin is on track to carve out its sixth straight month of gains, a rare occurrence that has only transpired once since 2013. This upward momentum started in September 2023, when Bitcoin ETF speculation catalyzed a sharp surge, propelling the digital asset market into Q4 with heightened enthusiasm. Bitcoin registered a 4% climb
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Bitcoin euphoria phase far off, Coinbase data suggests more growth potential Bitcoin euphoria phase far off, Coinbase data suggests more growth potential

Quick Take The Bitcoin market, currently priced above $52,000, is treading the thin line between market greed and euphoria, according to Glassnode. The sentiment of greed has predominantly been the narrative since October 2023, with a brief period of neutrality during a 20% dip below the $40,000 mark. However, multiple indicators suggest the peak euphoria
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Record global inflows into digital asset funds push AuM to $67 billion peak Record global inflows into digital asset funds push AuM to $67 billion peak

Global digital asset investment products saw significant inflows last week, totaling $2.45 billion. The latest weekly report from CoinShares confirmed the surge in the inflow of funds into digital asset investment products, which pushed the assets under management to a peak not seen since early 2022, now standing at $67 billion. The US spot ETF
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Ethereum Up 28% This Month as Dencun Upgrade Nears, Scaling Networks Surge Ethereum Up 28% This Month as Dencun Upgrade Nears, Scaling Networks Surge

Ethereum has jumped since the start of February and sits above $2,900 as the Dencun upgrade approaches and transactions on L2s climb.

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