According to recent data published by Tree News on December 27th, the net inflow for the **US Ethereum spot ETF** reached an impressive **$1.177 billion** yesterday. This influx is significant
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Web3Bay’s 3BAY Presale Offers More Than Just Discounts: A Look at How It Outpaces Cronos & Injective in Innovation
While Cronos (CRO) continues to build its community, reaching a price of $100 per token remains a distant prospect. Concurrently, Injective (INJ) is integrating AI to push the envelope in decentralized finance. Amid these developments, Web3Bay is setting the stage for a significant evolution in blockchain-based e-commerce. Currently, in its exciting presale phase, Web3Bay offers the 3BAY token at just $0.003. This token is central to the platform, enabling governance, rewards, and discounts for purchases, and it drives a system designed for transparency and security using IPFS technology. Cronos (CRO) at $100: A Realistic Goal? The prospect of Cronos (CRO) hitting $100 seems highly improbable. Present forecasts suggest a potential 77% increase within a year, aiming for about $0.128, far from the $100 goal. Achieving such a high would require an unimaginable 137,074% increase, a scenario that stretches beyond realistic market expectations. Investors should temper their expectations, as the token is likely to see modest growth but not to the mythical $100 level anytime soon. Injective (INJ) Forges Ahead with AI-Enhanced DeFi Injective (INJ) is expanding its reach in blockchain finance by partnering with Fetch.ai and the Artificial Superintelligence Alliance. This collaboration is set to upgrade the DeFi landscape by integrating Injective’s robust blockchain technology with sophisticated AI from ASI. With the launch of Inter-Blockchain Communication, this partnership is unlocking new levels of efficiency and capability in the blockchain sector. Catch the Early Wave: Web3Bay (3BAY) Presale The Web3Bay (3BAY) presale is more than just an investment—it’s your entry into the future of decentralized e-commerce. Allocating 40% of its tokens to this early phase, Web3Bay invites you to be part of a platform that’s reshaping online shopping with a community-first approach. The price of 3BAY tokens climbs 15% with each presale stage, making early involvement increasingly valuable. Web3Bay distinguishes itself by leveraging state-of-the-art tech like IPFS, which ensures all transactions and listings are both secure and transparent. Token holders not only help steer the platform’s direction but also enjoy benefits like a 5% discount on token-based purchases, enhancing their overall investment. As Web3Bay advances, it plans to enhance its system’s interoperability with top blockchains, broadening its application and utility. With extensive resources devoted to ecosystem growth and liquidity, Web3Bay is preparing for enduring success, marking it as a top watch for anyone interested in the Web3 space. Secure Your Spot in the Web3Bay (3BAY) Presale While Cronos (CRO) aims for new milestones and Injective (INJ) ventures into AI-enhanced DeFi, Web3Bay (3BAY) is already leading the decentralized e-commerce space. This presale is your ticket to participate in a transformative platform, setting new standards for how digital assets are traded online. By joining the Web3Bay presale early, you’re placing yourself at the forefront of the digital commerce revolution. Join Web3Bay Presale Now: Presale: https://web3bay.io/buy Website: https://web3bay.io/ Twitter: https://x.com/web3bayofficial Instagram: https://www.instagram.com/web3bayofficial/ The post Web3Bay’s 3BAY Presale Offers More Than Just Discounts: A Look at How It Outpaces Cronos & Injective in Innovation appeared first on TheCoinrise.com . CoinOtag
Bitcoin Institutional Adoption Accelerates as ETF Filings Show Investor Appetite
The dominant crypto narrative for 2024 has been institutional adoption. From the U.S. approval of spot bitcoin ( BTC ) exchange-traded funds to the burgeoning number of companies pledging to buy the largest cryptocurrency for their treasuries, crypto has entered, more than ever before, the mainstream conversation. Bitcoin has increased almost 130% this year, breaking record highs on several occasions. It is currently hovering near the psychological threshold of $100,000. The ETFs approved in January have seen net inflows of $36 billion and amassed over 1 million BTC. In addition, the number of publicly traded companies saying they`re adding bitcoin to their corporate treasury is accelerating. The trend, which started with MicroStrategy (MSTR) in 2020, recently attracted KULR Technology (KULR), a maker of energy storage products for the space and defense industries. The Houston, Texas-based company said it bought 217.18 BTC for $21 million and is allocating up to 90% of the surplus to cash to BTC. Now Bitwise Asset Management, which already has spot bitcoin and ether ETFs, has applied for an exchange-traded fund to track the shares of companies that hold at least 1,000 BTC in treasury. Other requirements for the fund, dubbed Bitwise Bitcoin Standard Corporations ETF, are a market capitalization of at least $100 million, a minimum average daily liquidity of at least $1 million and a public free float of less than 10%, according to the Dec. 26 filing. A second Thursday filing was made by Strive Asset Management, co-founded by Vivek Ramaswamy, a politician in the administration of U.S. President-elect Donald Trump. The Bitcoin Bond ETF seeks exposure through derivative instruments such as MicroStrategy`s convertible securities in an actively managed ETF. The bonds have been a massive success. The 0% coupon bond maturing in 2027 is priced at 150% above par and has outperformed bitcoin since inception. "Since our inception, Strive has called out the long-term investment risks caused by the global fiat debt crisis, inflation, and geopolitical tensions," Strive CEO Matt Cole told CoinDesk. "We strongly believe there is no better long-term investment to hedge against these risks than thoughtful exposure to bitcoin." "Strive`s first of many planned bitcoin solutions will democratize access to bitcoin bonds, which are bonds issued by corporations to purchase bitcoin. We believe these bonds provide attractive risk-return exposure to bitcoin, yet they are not available to be purchased by most investors," he added. CoinOtag