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JPMorgan Sees ‘Buy the Dip’ Opportunity After Market Selloff


Monday marked a severe downturn in financial markets, with sharp selloffs in stocks, cryptocurrencies, and precious metals. However, JPMorgan analysts see a potential “buy the dip” opportunity as the rotation out of tech stocks might be nearing its end. John Schlegel, JPMorgan’s head...

Stablecoin Market Sees PYUSD Supply Swell While USDE Shrinks With Redemptions


Over the past 12 days, the stablecoin economy has maintained a similar value, yet the supply of dollar-pegged crypto assets PYUSD and USDE has experienced notable shifts. Over the last 22 days, Paypal’s PYUSD supply increased by more than 70%, while Ethena’s USDE saw an 8.82% decrease...

Bitcoin Sees $519M Inflows, Ethereum ETFs Post Mixed Results


As per the latest data from CoinShares, the Bitcoin and Ethereum ETF investment scene witnessed a week of contrasts. The data shows, Bitcoin has continued its bullish streak, while Ethereum’s newly launched ETFs paint a complex picture. Despite the mixed signals, the overall market sentiment...

US Bitcoin ETFs Draw $44.51M in Inflows; GBTC Sees Another Round of Outflows


While U.S. spot ether exchange-traded funds (ETFs) experienced outflows on Wednesday, bitcoin ETFs saw inflows totaling $44.51 million. Blackrock’s IBIT led with gains of $65.99 million, followed by Ark Invest’s and 21shares’ ARKB with $3.29 million. While Blackrock Captures...

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