Latest news with #Ethereum
Time of India
an hour ago
- Business
- Time of India
Ethereum ETFs are exploding! $296 million inflows as Bitcoin bleeds $131 million in just one day
Bitcoin ETFs break 12-day winning streak Ethereum ETFs going strong for 12 days Live Events Rotation from Bitcoin to Ethereum happening Institutions are driving the rally FAQs (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel On Monday, spot Bitcoin ETFs saw $131 million in net outflows – meaning more money came out than went in. At the same time, Ethereum ETFs (also called Ether ETFs) got $296 million in net inflows – money flowed into them. This means investors are pulling money out of Bitcoin and putting it into Ethereum, according to the report by The ETFs had seen 12 days of positive inflows before this – they had gained $6.12 billion in that period. But on Monday, this winning streak ended. The biggest outflow was from ARKB, a fund by Ark & 21Shares – it lost $77.46 million, as per the funds like Grayscale, Fidelity, Bitwise, and VanEck also saw money leaving. BlackRock's IBIT, the biggest Bitcoin ETF, reported zero flows (no money in or out). Six other ETFs also had zero flows, according to the report by The ETFs had their 12th day in a row of positive inflows on Monday. Total inflow on Monday was $296.6 million. The top inflow came from Fidelity's FETH – it received $126.93 million. Second was BlackRock's ETHA, which got $102 million, as per the smaller funds like Grayscale's Mini Ethereum Trust and Bitwise's ETHW saw inflows. Since their launch on July 24, the 9 Ethereum ETFs have pulled in $3.53 billion in total net inflows. On many days, Ethereum ETF inflows were bigger than those of Bitcoin ETFs, according to the report by The Min Jung from Presto Research said the market is showing a 'familiar rotation' – money is moving from Bitcoin to Ethereum and other big altcoins. Jung explained that Bitcoin has already gone up a lot this year, so some investors feel they're too late and are now turning to Ethereum, as stated by the last week, Bitcoin dominance dropped 5%, showing early signs that investors are shifting money to other coins. Usually, when this happens, it's the start of an 'alt season', where altcoins like ETH rise while Bitcoin stays stable, as per The Block also said this crypto rally is mostly powered by institutional investors, not everyday traders. That means it's still uncertain if the rally will spread to smaller altcoins or stay limited to big ones like ETH. The price updates are: Bitcoin was down 1.27%, trading at $116,868. Ethereum was also down 2.17%, trading at $3,679, as per The Block's price are shifting money to Ethereum as they see it as the next big opportunity after Bitcoin's recent ETFs saw $296 million in net inflows in one day, continuing a 12-day winning streak.
Yahoo
an hour ago
- Business
- Yahoo
As Bitcoin and Ethereum Soar, Should Investors Hop Onto the Crypto Train or Wait for Prices to Drop?
Key Points It's reasonable to be hesitant about buying during a powerful rally. That doesn't mean you should always avoid doing it. Waiting for lower prices is a choice that does not always pay off. 10 stocks we like better than Bitcoin › The cryptocurrency markets are having an absolutely sizzling summer. Bitcoin (CRYPTO: BTC) recently topped $123,000, Ethereum (CRYPTO: ETH) vaulted above $3,700, and Solana (CRYPTO: SOL) trades for more than $195 after a steep climb. All three coins are up between 34% and 137% in just the past three months, with Ethereum being the pacesetter and Solana and Bitcoin the runners-up. That kind of linked movement raises a classic dilemma for investors: Is it smarter to chase the strength and buy coins now, or wait for the inevitable pullback? History says crypto does deliver violent corrections regularly, yet it has also said that sidelining cash during bull markets has cost investors much more than the subsequent crashes ever did. Let's shed some more light on this issue and determine what the best course of action is. The rally still has legs The macroeconomic and monetary factors at play today all point toward the crypto sector's bull run having plenty of juice left. First, central banks from Europe to China are already cutting their interest rates, thereby reducing the cost of borrowing and increasing liquidity, and there is likely to be more easing through the end of the year, potentially in the U.S. as well. Cheaper money usually finds its way into risk assets like crypto, which tends to act like a levered bet on that rising tide. Second, institutional demand is here, and it's powerful. June saw $4.6 billion worth of inflows into Bitcoin exchange-traded funds (ETFs), propelling the coin to record highs. The same institutional desks are now green‑lighting Ethereum allocations, and other cryptocurrencies may soon be on the docket as well. Newfound regulatory clarity might be the strongest accelerant of all here. On July 18, the Guiding and Establishing National Innovation for U.S. Stablecoins Act (Genius Act for short) was signed into law, thereby providing a legal framework for bank‑issued stablecoins. The industry's biggest policy overhang of the past five years is finally starting to abate. Lastly, momentum is broadening beyond the big two coins. Solana's tokenized real‑world asset (RWA) value has jumped 140% year to date to reach more than $418 million as of July 14. That's double the growth rate of the wider RWA market. Much of that spike comes from xStocks, a joint venture between two of the biggest centralized cryptocurrency exchanges -- Kraken and Bybit -- that now lists 60 tokenized U.S. equities tradable 24/7 with instant on‑chain settlement. Growing uses like these reinforce the idea that crypto's sandbox is turning into real infrastructure, and capital is already flowing in to reflect the change. How to climb aboard without losing sleep It's no secret that rallies of this size generate fear of missing out (FOMO) and its shadow, regret. Resisting FOMO is key, especially if you accept that this rally is nowhere close to being over -- impulsive buying can easily lead to disaster. Crypto remains habitually volatile. Assuming you jump in with a lump sum at the wrong moment, a routine flash crash can sting hard enough to force an ill‑timed exit. And, generally speaking, investing without a long-term plan for how to manage the investment is a recipe for heartache. Don't assume that this uptrend will last long enough to make you rich, because it will not. Instead, now is a great time for dollar-cost averaging (DCA). Buy a set dollar amount of your preferred coins on a schedule, and you will smooth your entry price across bull and bear stretches alike. Over multiyear horizons, it reduces the chance that short‑term volatility leads you to make an actual investing mistake. This method does not eliminate risk. Bitcoin fell very sharply in 2022, and a similar drawdown will happen again. But if your horizon is five years or more, the probability of negative returns shrinks dramatically, especially when underlying adoption and policy support keep expanding. In closing, crypto's train is already leaving the station, and it may be hauling new cars behind it for a while. Stepping aboard with discipline beats waving from the platform hoping for a cheaper ticket. Don't worry if you don't hop on at the perfect moment -- it's the direction of travel that matters the most. Do the experts think Bitcoin is a buy right now? The Motley Fool's expert analyst team, drawing on years of investing experience and deep analysis of thousands of stocks, leverages our proprietary Moneyball AI investing database to uncover top opportunities. They've just revealed their to buy now — did Bitcoin make the list? When our Stock Advisor analyst team has a stock recommendation, it can pay to listen. After all, Stock Advisor's total average return is up 1,048% vs. just 180% for the S&P — that is beating the market by 867.59%!* Imagine if you were a Stock Advisor member when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $652,133!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,056,790!* The 10 stocks that made the cut could produce monster returns in the coming years. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Alex Carchidi has positions in Bitcoin, Ethereum, and Solana. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Solana. The Motley Fool has a disclosure policy. As Bitcoin and Ethereum Soar, Should Investors Hop Onto the Crypto Train or Wait for Prices to Drop? was originally published by The Motley Fool Sign in to access your portfolio
Time of India
an hour ago
- Business
- Time of India
Why Bitcoin's Surge to $123,000 Could Be Just the Start? Mudrex Explains
Advertorial Tired of too many ads? Remove Ads Crypto TrackerPowered By TOP COINS TOP COIN SETS Solana 17,286.19 ( 4.84 %) Buy Bitcoin 1,03,04,041 ( 1.15 %) Buy XRP 304.23 ( 0.32 %) Buy BNB 66,234 ( -0.12 %) Buy Ethereum 3,20,494 ( -2.48 %) Buy Tired of too many ads? Remove Ads Bitcoin has shattered all-time highs, with the crypto markets soaring to unprecedented levels in the recent past. According to Anush Jafer, Research Expert at Mudrex, this isn't just a fleeting moment but the beginning of a historic crypto on an ETMarkets Livestream, Jafer explained the confluence of factors propelling Bitcoin's surge past $123,000 earlier in July 2025 and why the best is yet to emphasizes that the current crypto landscape is "nothing short of historic." Bitcoin's ascent to new all-time highs, a figure many once dismissed as speculative, is proving the asset class's resilience and entire crypto sector is experiencing serious momentum, with altcoins waking up and capital flowing into diverse sectors. "We are at a tipping point in the market cycle right now," Jafer asserts, backing his claims with historical data, bullish macro news, and on-chain Jafer highlights four primary forces fueling Bitcoin's current performance:The most significant factor is the unprecedented scale of institutional participation, largely thanks to Bitcoin spot ETFs launched last year. These ETFs have attracted over $13.5 billion in net inflows year-to-date, nearly matching 70% of gold ETF inflows in the same timeframe. BlackRock's iShares Bitcoin Trust (IBIT) alone has pulled in close to $15 billion, demonstrating that "Wall Street is coming in with full force." This provides traditional investors a compliant and easy way to access Bitcoin, opening the door for retirement funds, hedge funds, and family ETFs, there's a massive wave of corporate adoption. In Q2 alone, public companies added roughly 159,000 BTC to their balance sheets, worth over $17 billion. This is nearly four times more than the new bitcoins mined in that quarter, creating a classic supply shock. Companies like MicroStrategy, Tesla, and even unexpected players like GameStop and Trump Media are strategically treating Bitcoin as a reserve asset, effectively taking coins off the market for long prices reaching $123,000, large holders, or "whales," are not taking profits. On-chain data reveals that the number of addresses holding 100 Bitcoins or more has hit a new all-time high, increasing from 16,000 to over 18,600 since October last year. These long-term holders and wealthy individuals are "leaning in" and buying more, demonstrating strong conviction in Bitcoin's long-term Regulatory Shift in the US: Jafer considers the "regulation" in the US a "game-changer" that hasn't been fully priced in. The shift under the new administration, marked by "crypto week," saw the passing of three major pro-crypto bills:Provides a clear framework for distinguishing digital assets as commodities or securities, firmly recognizing Bitcoin as a clear rules around reserves and audits for stablecoins, ensuring more liquidity for Bitcoin and other the US government from launching a retail central bank digital currency, signaling a preference for decentralized crypto over state-controlled digital money. This regulatory clarity removes uncertainty and sets a strong precedent for other nations to crypto-specific factors, Jafer points to the global M2 money supply as a quiet but powerful force. M2, a broad measure of money circulating in the global economy, shows a strong correlation with Bitcoin's price, with a lag of roughly 60 to 90 days."Global money printing today equals the Bitcoin rally two-three months later," Jafer explains. With global M2 turning higher in February, Bitcoin's subsequent rally in May and July aligns perfectly with this "textbook macro to BTC playbook."Addressing the common question, "Is it too late to enter?", Jafer stresses the importance of understanding Bitcoin's consistent market cycles. Historically, Bitcoin tends to hit its cycle peak roughly 525 to 546 days after each halving. Given the latest halving in April 2024, this projects a peak between early October to mid-November this year."We're not at the top yet," Jafer clarifies, "but we're absolutely in that acceleration phase." While a correction is inevitable, as markets don't move in a straight line, Jafer believes the increased institutional and corporate involvement could mitigate the severity of past corrections. For investors, this means being in the "heart of the bull run" and still within a "zone of opportunity."While Bitcoin takes the spotlight, Jafer notes that the altcoin space is showing "very, very interesting" signs. Historically, altcoins lag behind Bitcoin during the early stages of a bull market but move fast once they recent slip in Bitcoin dominance (from 66% to 62%) signals that investors are rotating capital into other parts of the market, hinting at the earliest signs of an altcoin season. Jafer advises monitoring key indicators to spot this shift before it fully takes conclusion, Anush Jafer's analysis paints a compelling picture of Bitcoin's current rally. It's not just a surge but a "perfect storm" of rising institutional demand, corporate adoption, whale accumulation, favorable regulation, and supportive macroeconomic trends. For investors, the message is clear: trust the cycle, remain informed, and recognize that despite Bitcoin's impressive highs, this could truly be just the beginning.
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First Post
an hour ago
- Business
- First Post
Can you now legally bet on the next US president and make money?
Polymarket, the world's largest crypto-based prediction platform, is re-entering the US legally after acquiring a licensed derivatives exchange. With federal investigations dropped and regulators signalling approval, Americans may now be able to bet on political outcomes — like the next US President — through a regulated framework read more A member of the media uses phone as a screen displays the presidential debate, as Republican presidential nominee, former US President Donald Trump and Democratic presidential nominee, US Vice President Kamala Harris attend a presidential debate hosted by ABC in Philadelphia, Pennsylvania, US, September 10, 2024. File Image/Reuters The popular crypto-based prediction market Polymarket has announced its return to the United States after years of operating offshore. The decentralised prediction market gained notoriety during the 2024 US presidential election. This shift comes after the platform acquired a federally regulated derivatives exchange, paving the way for legally sanctioned event-based trading, including bets on political outcomes. After years of operating from offshore jurisdictions due to regulatory pressure, Polymarket's strategic acquisition of QCX, a registered options exchange based in Florida and Delaware, signals its entry into the US regulatory framework. STORY CONTINUES BELOW THIS AD This move comes on the heels of the closure of two major investigations into the platform by the US Department of Justice (DOJ) and the Commodity Futures Trading Commission (CFTC) — clearing longstanding legal hurdles that had previously kept the company out of the American market. How the Polymarket model works Founded in 2020 by Shayne Coplan, Polymarket enables users to stake digital assets on the outcome of real-world events. Its design is decentralised and non-custodial, meaning the platform does not retain user funds or profit from trades. All transactions are conducted using cryptocurrency and executed through smart contracts on the Ethereum blockchain, ensuring transparency and automation without intermediaries. The platform operates by posing binary questions about future events, such as election outcomes, sports results, or geopolitical developments. Users buy and sell shares in each outcome, with market prices adjusting in real time based on trading activity. A correct prediction yields a profit, while an incorrect one leads to a loss — creating a financial incentive for users to speculate based on genuine beliefs rather than guesswork. By November last year, Polymarket had seen over $6 billion in global prediction trading, according to company statements. This included more than $3.3 billion wagered specifically on the 2024 US presidential race between Republican candidate Donald Trump and Democratic candidate Kamala Harris. That cycle marked Polymarket's most active period to date, with political forecasting dominating user engagement. STORY CONTINUES BELOW THIS AD Why Polymarket was under the lens in the US Despite its growing popularity, Polymarket had been effectively off-limits to users in the US since 2022, after federal regulators determined that it had been operating without proper authorisation. The CFTC concluded that Polymarket was offering binary options contracts without necessary approvals and required the platform to restrict access to American users. At that time, Polymarket agreed to geoblock users in the United States. This enforcement action was followed by further scrutiny from both the CFTC and DOJ, which investigated whether Polymarket had allowed US residents to continue using the platform indirectly. In late 2023, the FBI raided founder Shayne Coplan's residence in New York City and seized his laptop. However, no charges were brought, and both investigations were officially closed this year. Polymarket's acquisition of QCX and QC Clearing, collectively referred to as QCEX, was made public just days after the inquiries were dropped. The $112 million deal provides Polymarket with a regulated US entity through which it can legally offer its prediction services, including political betting, to American users. 'Laying the foundation to bring Polymarket home — re-entering the US as a fully regulated and compliant platform that will allow Americans to trade their opinions,' Coplan announced after the acquisition was finalised. STORY CONTINUES BELOW THIS AD What we know about QCX Little was known publicly about QCX prior to the acquisition, but the exchange had received its license from the CFTC early this month, following an application that was first submitted in June 2022. QCX is officially categorised as a Designated Contract Market, meaning it can legally facilitate trading in futures and options contracts, including event-based derivatives. The company is headquartered in Boca Raton, Florida, and operates alongside QC Clearing, its affiliated clearinghouse. Together, these entities provide the legal and infrastructural foundation for Polymarket's US expansion. 'Shayne has built a cultural phenomenon in Polymarket,' said Sergei Dobrovolskii, founder of QCEX. 'I am excited to bring our companies together and leverage our licences, technology, and expertise in the retail trading sector to help Polymarket reach its full potential.' What happened during the 2024 US election The 2024 US presidential election was a watershed moment for prediction markets. Polymarket alone processed billions of dollars in bets on the election, while its rival Kalshi claimed to have handled around $1 billion. Polymarket markets were widely cited in political analysis, especially after they predicted notable shifts before they occurred. Following the June 27, 2024 presidential debate, Polymarket projected a 70 per cent chance that Joe Biden would exit the race, up from just 20 per cent days earlier. Biden formally withdrew weeks later. In early August, Polymarket odds placed Pennsylvania Governor Josh Shapiro at 68 per cent as Harris's likely running mate, while Minnesota Governor Tim Walz trailed at 23 per cent. STORY CONTINUES BELOW THIS AD The next day, Harris announced Walz as her pick. Such data-driven forecasts helped bolster Polymarket's reputation. High-profile figures took notice: Nate Silver, founder of FiveThirtyEight, joined Polymarket as an advisor in 2024. The platform also formed a partnership with Elon Musk's X, integrating its Grok chatbot to provide users with real-time, contextual insights into current events. However, not all attention was positive. As Trump's odds surged on Polymarket in October 2024, some observers questioned whether these market shifts reflected genuine public sentiment. Investigations later revealed that four massive bets totalling $30 million had likely influenced the price trajectory. Polymarket launched a formal inquiry and ultimately concluded that the activity stemmed from a single French trader acting independently. The trader reportedly won $85 million upon Trump's election victory. The company found no evidence of coordinated manipulation or political interference. How Trump 2.0 paved the way for Polymarket's US comeback Polymarket's US comeback is happening in a dramatically different regulatory environment than just a few months ago. During the Biden administration, federal agencies were highly active in pursuing enforcement actions against crypto firms. The Securities and Exchange Commission (SEC) and CFTC launched hundreds of cases, keeping prediction markets like Polymarket operating offshore. STORY CONTINUES BELOW THIS AD The change in political leadership has shifted the landscape. Donald Trump's second term has been accompanied by a warmer posture toward cryptocurrency and related industries. His campaign received substantial backing from crypto advocacy groups, and Donald Trump Jr now serves as an advisor to Kalshi, one of Polymarket's direct competitors. While past administrations approached crypto betting platforms with scepticism, current regulators have signalled openness to prediction markets, provided they operate within licensed and regulated frameworks. For the first time, Americans may now be able to legally wager on the outcome of the next presidential election — provided they do so on platforms operating under federally approved exchanges like QCX. Also Watch: With inputs from agencies
Time Business News
2 hours ago
- Business
- Time Business News
NovaFork - The Future of Decentralized Innovation in Blockchain!
If you've been keeping up with blockchain buzz lately, you've probably heard about NovaFork. It's not just another crypto project—it's a revolution in how decentralized technologies operate. Whether you're a developer, investor, or just a crypto-curious explorer, NovaFork is something you need to know about NovaFork In blockchain, a fork happens when a project splits off to create a new chain. Think of it like a tree branch growing in a different direction—sometimes for innovation, sometimes for correction. NovaFork isn't just a reactive fork. It's proactive, crafted to solve real-world problems that mainstream chains like Ethereum haven't cracked—like speed, cost, and true decentralization. With no single point of control, NovaFork thrives on community consensus, ensuring fair governance and true decentralization. Say goodbye to sluggish transaction times. NovaFork uses layer-2 acceleration and optimized block intervals, achieving blazing-fast throughput. NovaFork's smart contracts are more flexible and secure, enabling next-gen decentralized applications (dApps). No more energy-guzzling Proof-of-Work. NovaFork implements an energy-efficient Proof-of-Stake or hybrid consensus, minimizing its carbon footprint. NovaFork runs on a unique blend of Delegated Proof-of-Stake (DPoS) and Byzantine Fault Tolerance (BFT), boosting speed without compromising on security. Through built-in support for Layer-2 solutions, NovaFork offloads network congestion and lowers gas fees significantly. NovaFork allows seamless communication with Ethereum, Solana, and other chains through bridge protocols—a true leap toward Web3 unification. NovaFork is the foundation for next-gen Decentralized Finance (DeFi) tools—lending, borrowing, staking, and beyond. Build, trade, and own NFTs or secure your identity on-chain with NovaFork's tamper-proof infrastructure. Communities can create secure, tamper-proof voting mechanisms, ensuring fair participation and decision-making. While Ethereum has widespread adoption, NovaFork offers faster transaction times and lower gas fees. Solana is known for speed, but NovaFork adds eco-friendliness and better smart contract stability into the mix. Polkadot focuses on interoperability, but NovaFork adds a developer-friendly environment and native token utility that sets it apart. Download a Nova-compatible wallet like NovaSafe or MetaNova. Easy setup and user-friendly UI guaranteed. You can buy NovaTokens via DEXs or partner exchanges. It's as simple as swapping ETH or USDT. Join governance votes, stake your tokens, or participate in new dApp launches—all from one dashboard. NovaToken has a deflationary supply, built-in burn mechanisms, and a focus on long-term holder rewards. Stake your NovaTokens and earn passive income while supporting the network. Holders can vote on proposals, suggest features, and help steer the project's future. NovaFork provides full access to APIs, SDKs, and documentation to streamline dApp development. NovaFork encourages innovation through developer grants and bounty programs. Passionate about decentralization? Contribute directly via GitHub and earn rewards. Launching DeFi suite Improving Layer-2 bridges Expanding token listings Becoming a top 5 smart contract platform Fully decentralized DAO operations Cross-chain DAO governance With regular audits, bug bounties, and multi-layer encryption, NovaFork's security is airtight. Through sharding, Layer-2 rollups, and parallel transaction execution, NovaFork is ready to scale with global demand. Every voice matters. NovaFork is built by and for its community. Get involved on Reddit, Discord, and Telegram—the NovaFork army is growing fast. From Africa to Asia, NovaFork is onboarding global partners and reaching underserved communities. Compliance is a moving target, but NovaFork is proactive in aligning with global frameworks. Like any new tech, education and accessibility remain key hurdles. Blockchain is crowded, but NovaFork's unique features give it a competitive edge. The blockchain race is heating up. But NovaFork isn't just running—it's leading. With its combination of speed, decentralization, and eco-conscious design, it's paving the way for a more inclusive and efficient Web3 future. NovaFork is more than just a blockchain—it's a vision of what the decentralized world should look like. With an active community, futuristic tech, and a rock-solid foundation, it's positioning itself as a game-changer in the crypto universe. Whether you're here to invest, build, or simply explore, NovaFork is a name you'll be hearing a lot more of in the years to come. NovaFork stands out due to its fast transaction speeds, energy-efficient consensus, and cross-chain functionality. Yes! It's built with multi-layer security and regularly audited for vulnerabilities. Purchase NovaTokens through decentralized exchanges or participate in staking programs. Absolutely! It offers robust SDKs, grants, and an open-source development environment. NovaFork is aiming to become a top-tier smart contract platform with global reach and community-led governance. TIME BUSINESS NEWS
