Bitcoin
Bitcoin (BTC)
$68,865.00 -0.43993
Bitcoin price
Ethereum
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$3,859.48 2.59667
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BNB
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$600.79 -0.27455
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$162.14 -3.22587
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$0.5310060 -1.42061
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$0.0000244 -1.8138
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$0.0000160 4.36466
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$0.0000345 -4.07455
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Bitcoin
Bitcoin (BTC)
$68,865.00 -0.43993
Bitcoin price
Ethereum
Ethereum (ETH)
$3,859.48 2.59667
Ethereum price
BNB
BNB (BNB)
$600.79 -0.27455
BNB price
Solana
Solana (SOL)
$162.14 -3.22587
Solana price
XRP
XRP (XRP)
$0.5310060 -1.42061
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000244 -1.8138
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000160 4.36466
Pepe price
Bonk
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$0.0000345 -4.07455
Bonk price
Bitcoin
Bitcoin (BTC)
$68,865.00 -0.43993
Bitcoin price
Ethereum
Ethereum (ETH)
$3,859.48 2.59667
Ethereum price
BNB
BNB (BNB)
$600.79 -0.27455
BNB price
Solana
Solana (SOL)
$162.14 -3.22587
Solana price
XRP
XRP (XRP)
$0.5310060 -1.42061
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000244 -1.8138
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000160 4.36466
Pepe price
Bonk
Bonk (BONK)
$0.0000345 -4.07455
Bonk price
Bitcoin
Bitcoin (BTC)
$68,865.00 -0.43993
Bitcoin price
Ethereum
Ethereum (ETH)
$3,859.48 2.59667
Ethereum price
BNB
BNB (BNB)
$600.79 -0.27455
BNB price
Solana
Solana (SOL)
$162.14 -3.22587
Solana price
XRP
XRP (XRP)
$0.5310060 -1.42061
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000244 -1.8138
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000160 4.36466
Pepe price
Bonk
Bonk (BONK)
$0.0000345 -4.07455
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SirWin
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SirWin

CoinShares: Bitcoin drives crypto investment inflows to $13.8b record

bitcoin-crypto-investment-inflows-record
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CoinShares: Bitcoin drives crypto investment inflows to $13.8b record

Digital asset investment products have reached a record inflow for the year after receiving $646 million from investors mainly interested in Bitcoin last week.

According to CoinShares, cryptocurrency investment vehicles have garnered over $13.8 billion in 2024’s first four months. The milestone coincided with interest in Bitcoin (BTC), as the token experienced demand from Wall Street investors via spot BTC ETFs and was the primary driver behind inflows into investment products. 

Bitcoin received inflows of over $663 million last week. Still, short-BTC investment rails stifled the asset’s overall weekly haul with $9.5 million in outflows, marking a third week of exits by bearish market participants. 

Ethereum (ETH) also continued a fourth week of outflows, amounting to $22.5 million. Other altcoins like Litecoin and Solana (SOL) saw investor demand and amassed at least $4 million in capital.

2021 previously held the record for largest inflows at $10.7 billion, followed by $6.6 billion in 2020. Year-to-date numbers also showed a massive turnaround from last year’s sentiment, which only attracted $2.3 billion. 

Bitcoin’s halving to trigger web3 job increase

BTC traded for over $71,900 today, less than two weeks before its halving, as Bitcoin gained 3% after a market-wide uptick. Crypto’s largest token traded only 2% away from its $73,750 ATH achieved last month. 

Bitcoin
BTC daily chart | Source: CoinMarketCap

While several market observers and blockchain proponents discussed the impact of the BTC halving on the asset’s price and the broader cryptocurrency ecosystem, Bondex CEO Ignacio Palomera surmised that the events will also impact web3 jobs. 

Crypto.news reported that the cryptocurrency job market hit a 12-month high following bullish market sentiment and a return of venture capitalist interest in defi protocols.

The upcoming Bitcoin halving is a watershed moment, not just for the cryptocurrency market, but for the entire tech landscape. We expect a surge in demand for blockchain talent as companies seek to capitalize on the growing potential of this technology. This will fuel conversations around DeFi, Web3, and the future of finance, attracting a new wave of users to the crypto space.

Ignacio Palomera, Bondex CEO