🚀Stay a step ahead in the crypto world.
💡Get the most current #CryptoNews and insightful analysis tailored for those who demand accuracy and depth.
💪Follow us for daily insights and more! #CryptoAnalysis#Crypto#investing
BREAKING: Nvidia, $NVDA, has now erased $1 TRILLION of market cap since its all time high set on June 20th.
In other words, $NVDA has erased $200 billion of market cap PER WEEK over the last 5 weeks.
The stock is now down ~27% from its recent all time high.
In just 5 weeks, Nvidia has erased as much market cap as 1.5 TIMES the entire value of Tesla, $TSLA.
This also equals roughly the same value as the market cap of Berkshire Hathaway.
Did the bubble just pop?
🚨 BREAKING 🚨
FRANKLIN TEMPLETON ETHEREUM SPOT ETF HAS BEEN ADDED ON DTCC ETF LIST
THE DEADLINE FOR ETH ETF APPROVAL IS IN MAY
SOMETHING SIMILAR HAPPENED WITH BLACKROCK BITCOIN ETF TOO BEFORE IT GOT APPROVED
BREAKING: Bitcoin is officially down over 20% from its post-ETF approval highs, erasing $200 billion in value.
In less than 2 weeks, #Bitcoin prices are down over $10,000 to their lowest since December 4th.
The drop is largely due to underwhelming ETF demand and ETF approval becoming a "sell the news" event.
Is this the start of a new bear market or just a pullback in a broader uptrend?
The discount on Grayscale #Ethereum Trust shares compared to $ETH has dropped from 47% to 15% over the past 12 months. The move mirrors a similar trend for Grayscale #Bitcoin Trust shares leading up to its conversion to a spot ETF last week.
Digital asset investment products saw $1.18bn inflows last week (subject to T+2 settlement), although this did not break the record set at the launch of the futures-based #Bitcoin ETFs
Here are the tickers of ALL of the #Bitcoin ETFs:
•Grayscale: $GBTC
•ARK and 21Shares: $ARKB
•BlackRock (iShares): $IBTC
•Fidelity: $FBTC
•Franklin Templeton: $EZBC
•Bitwise: $BITB
•Hashdex: $DEFI
•Invesco Galaxy: $BTCO
•VanEck: $HODL
•Valkyrie: $BRRR
•WisdomTree: $BTCW
Lowest long term fee for #Bitcoin etf is #Bitwise at 0.24% followed closely by #VanEck at 0.25%. But we also have fee waivers on 3 for 6 months down to 0.0%. Plus #BlackRock waiver to 0.20% — link