
Tags: Cardano
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One of the leading cryptocurrencies by market cap has landed a notable alliance.
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Hoskinson alleges El Salvador’s 2021 crypto plan risked violating U.S. sanctions by airdropping tokens to MS-13-linked citizens.
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SEC may approve Grayscale’s GDLC ETF this week, analyst says it could pave the way for U.S. spot ETFs for XRP, Solana, and Cardano.
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DOGE, ADA, DOT, HBAR, and AVAX spot ETF odds rise to 90%, as analysts see an “altcoin ETF summer” coming soon.
27 - newsBitcoin Claims 83 of Weekly Crypto Inflows As Digital Asset Funds Extend Positive Streak to 11 Weeks
Short-Bitcoin products saw outflows of $2.9 million last week, bringing year-to-date outflows to $12 million, which indicated a bullish sentiment.
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94.5% of BTC and 88.7% of ETH holders are in profit, while only 46.5% of ADA investors are above water, highlighting a growing gap.
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An important announcement by the Cardano Foundation concerning many involved in the ADA. ecosystem.
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Ethereum managed to attract more than $296 million in inflows last week as it continued a 7-week streak.
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The outflows witnessed by short-Bitcoin products indicated reduced trader confidence in a Bitcoin price decline.
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XRP ended an 80-week inflow streak despite strong overall digital asset performance.
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While sentiment recovered in Ethereum, Solana saw $0.89 million in outflows over the past week.
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Bitcoin leads flows with small $6 million outflows, while Ethereum continued to face challenges. XRP, on the other hand, shows strong inflows.
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Last week’s tariff disruptions led to record outflows in digital assets, with Bitcoin suffering the largest losses.
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Hoskinson remains confident that Bitcoin will soar to $250,000, driven by regulatory changes, geopolitical tensions, and increased global crypto adoption.
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Hoskinson noted that this fourth generation of blockchain should merge TradFi and DeFi into just Fi.
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Solana and Ethereum lead crypto’s recovery narrative despite double-digit weekly losses amid Trump’s tariff turmoil.
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Altcoins experienced $33 million inflows after five weeks of outflows.
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