Der 21Shares Bitcoin Gold ETP investiert zwei Drittel in Gold und ein Drittel in Bitcoin und wird an der Londoner Börse in Pfund Sterling und Dollar gehandelt.
Ukraine sperrt Polymarket: Prognosemärkte als Glücksspiel eingestuft
Die Ukraine folgt dem Beispiel anderer Länder, darunter Frankreich, Deutschland, Großbritannien, Italien, Polen, Thailand und Australien, in denen Polymarket bereits eingeschränkt ist.
HBAR eyes $0.145 as ETF inflows boost sentiment
Key takeaways
- Hedera is up 6.5% in the last 24 hours and is now trading above $0.12.
- The coin could rally towards $0.145 amid growing ETF inflow.
ETF inflow boosts HBAR’s sentiment
HBAR, the native coin of the Hedera blockchain, is up 6.5% in the last 24 hours and is now trading at $0.123 per coin. The rally makes it one of the best performers among the top 30 cryptocurrencies by market cap.
The positive performance is fueled by growing institutional demand. According to SoSoValue, Hedera spot ETFs recorded an inflow of $817,770 inflow of Tuesday, marking the third consecutive positive flow since last week.
If these inflows intensify, HBAR could extend its ongoing price rally. In addition to that, data obtained fromCryptoQuant shows that HBAR’s spot and futures markets have large whale orders, signaling a potential rally ahead.
CoinGlass’s data also shows that HBAR’s long-to-short ratio reads 1.06 on Wednesday, the highest level in over a month. The ratio crossing one reflects bullish sentiment in the market, with more traders taking long positions over short.
HBAR could extend gains towards $0.145
The HBAR/USD 4-hour chart is currently bullish after Hedera extended its value above $0.12 earlier this year. At press time, HBAR is nearing the 50-day Exponential Moving Average (EMA) at $0.127.
If the bulls push HBAR’s daily candle to close above the 50-day EMA, it could extend its gains towards the $0.145 resistance level. An extended rally could see HABR retest the upper trendline boundary of the wedge pattern at around $0.152.
The RSI on the 4-hour chart is at 58, above the neutral 50 level, indicating bullish momentum is gaining traction. Moreover, the Moving Average Convergence Divergence (MACD) shows a bullish crossover that remains intact.
On the flip side, if HBAR undergoes a correction, it could extend the decline toward the weekly support level below $0.1
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Bitwise’s Chainlink ETF approved for listing on NYSE Arca
- Bitwise’s spot Chainlink ETF offers direct LINK exposure via NYSE Arca.
- The ETF trades as CLNK with a 0.34% fee and an early fee waiver.
- The ETF approval signals rising acceptance of altcoin ETFs in the US.
Bitwise Asset Management has received approval to list its Chainlink ETF on the NYSE Arca.
This launch opens a new avenue for US investors to gain exposure to Chainlink (LINK) without directly holding the cryptocurrency.
Trading for the ETF, which will carry the ticker CLNK, is expected to begin as soon as tomorrow.
The Bitwise Chainlink ETF
The Bitwise Chainlink ETF is a spot ETF, meaning it directly holds LINK tokens.
Therefore, investors can now participate in LINK’s potential upside through traditional brokerage accounts.
This approach eliminates the complexities of self-custody, private keys, and wallets that come with holding crypto directly.
Initially, the ETF will not offer staking services, but Bitwise plans to explore staking as a future feature.
In addition, the fund comes with a management fee of 0.34% annually, which is in line with many similar investment products.
To attract early investors, Bitwise will waive sponsor fees for the first three months on up to $500 million of assets under management.
This incentive is designed to encourage adoption and build liquidity in the ETF at launch.
A new chapter for crypto ETFs
The approval of the Chainlink ETF reflects growing regulatory acceptance of cryptocurrency-based financial products.
It follows a broader trend of institutional investors seeking regulated exposure to alternative cryptocurrencies beyond Bitcoin and Ethereum.
By listing on the NYSE Arca, Bitwise ensures the ETF meets strict regulatory standards and offers a familiar investment framework.
The market response has been positive, with LINK prices experiencing a boost as investor sentiment rises.
This development may also set the stage for other altcoin ETFs to enter the US market in the near future.
Investors now have a streamlined way to add Chainlink to their portfolios through a regulated vehicle.
Moreover, the ETF’s fee incentives and potential staking features make it an attractive option for both retail and institutional participants.
The approval of CLNK is particularly significant because it highlights the growing acceptance of altcoins in mainstream finance.
It demonstrates that regulators are willing to permit direct investment in specific cryptocurrencies via structured products.
This move also bridges the gap between the crypto market and traditional finance, providing a more secure and accessible entry point.
As investors monitor the ETF’s performance, the broader crypto ecosystem may experience a ripple effect.
For Chainlink, this listing could increase adoption and market interest, potentially impacting token liquidity and price discovery.
At press time, Chainlink’s native token LINK was already up 5.15%, trading at $13.91, showing the ETF approval has had a positive impact on the altcoin.
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Monero price prediction: XMR hits an all-time high of $716
Key takeaways
- XMR has hit an all-time high price of $716 after adding 4% to its value in the last 24 hours.
- The rally comes as privacy tokens have been recording gains since the start of the year.
XMR continues its rally, hits an ATH of $716
Monero (XMR) continued its excellent start to the year after hitting a new all-time high. The coin has added more than 4% to its value in the last 24 hours to hit an all-time high of $716 a few hours ago.
At press time, XMR has slightly retraced to now trade at $708 per coin. The rally means that XMR has added more than 50% to its value in the last seven days, outperforming other cryptocurrencies in the top 20.
Thanks to the ongoing rally, Monero is now the 12th-largest cryptocurrency, with a market cap close to $13 billion.
However, crypto analytics platform Santiment has warned investors that the rising FOMO surrounding Monero could be risky. According to Santiment, XMR’s social dominance peaked on Sunday, while development activity has declined.
“If you are looking for an entry point, consider doing so after social hype and FOMO wears off slightly,” Santiment added.
The coin is currently facing a retracement after hitting the all-time high price.
XMR could rally higher amid growing FOMO
The XMR/USD 4-hour chart is bullish and efficient thanks to Monero adding 50% to its value in the last seven days. The coin is trading at $708 per coin and could rally higher in the near term.
The momentum indicators are in the overbought region, which could result in Monero undergoing a correction.
The Relative Strength Index (RSI) of 84 shows that XMR is overbought, signaling heightened bullish momentum. Overbought conditions in the RSI often lead to a short-term correction, as evidenced by XMR’s recent moves.
The MACD lines are also in the bullish zone, adding more confluence to the market conditions.
If the rally continues, XMR could hit an all-time high of $750 or more in the near term. However, if the market undergoes a correction, the leading privacy coin could retrace towards the support level at $601.
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