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Bitcoin ETFs saw $741M in inflows yesterday, marking the biggest surge in two months amid rising market optimism.Bullish Signals Amid Market VolatilityBitcoin ETFs Gaining Investor Trust
Dogecoin rises nearly 20% to $0.25 as CleanCore buys 500 million DOGE and the first US Dogecoin ETF, now expected next Thursday, drives institutional and retail interest in the meme cryptocurrency.
PUMP’s strong 40% rally shows clear buy-side strength, with bullish signals stacking and smart money support hinting at a retest of its all-time high.
In August, the US CPI rose by 0.4% month-on-month and increased to 2.9% year-on-year, with housing and food being the main drivers. Inflationary pressure is intensifying again. The full report is as follows.
MYX price surged 1,500% in a week before cooling at $17.60. Whales sold, exchanges filled, and RSI divergence flagged weakness. Still, rising Smart Money Index suggests the correction may be only a pullback.
Shiba Inu price is testing a breakout pattern, but profit-taking and bearish signals suggest the move could be a bull trap unless $0.00001351 breaks.
- 07:4424-hour spot capital inflow/outflow ranking: SOL net inflow of $300 million, WLD net outflow of $53.61 millionBlockBeats News, September 12, according to Coinglass data, the net inflow rankings of crypto spot funds in the past 24 hours are as follows: SOL net inflow of $300 million; ETH net inflow of $89 million; BNB net inflow of $18.5 million; TRX net inflow of $12.9 million; SUI net inflow of $9 million. The net outflow rankings of crypto spot funds are as follows: WLD net outflow of $53.61 million; DOGE net outflow of $44.78 million; MNT net outflow of $44.47 million; HYPE net outflow of $28.7 million; XRP net outflow of $25.75 million.
- 07:43Moonbirds appoints Josh Neuman as COO, former co-founder of 88Rising and Crush MusicBlockBeats News, on September 12, Moonbirds CEO Spencer announced in his latest livestream that Josh Neuman, co-founder of 88 Rising and Crush Music and former Vice executive, has officially joined the OCG team as COO. Founded in 2015, 88 Rising is a global media company focused on Asian artists, with talents including Jackson Wang, Higher Brothers, Rich Brian (formerly known as Rich Chigga), and NIKI. Josh also co-founded the well-known music management company Crush Music, which manages famous artists such as Miley Cyrus, Kesha, Green Day, and Fall Out Boy. In addition, Josh founded the Melon virtual world studio, collaborating with major brands such as Mattel, Chipotle, and the NFL, which was later acquired by a Nasdaq-listed company. Josh’s addition will help Moonbirds expand into traditional markets and significantly enhance the brand’s global influence in the fields of music, fashion, and entertainment.
- 07:43Analysis: BTC Price Movement to Enter Normalized Short-Term Bull and Bear Cycles, Investor Trend Confidence Returns to Positive TodayBlockBeats News, on September 12, on-chain data analyst Murphy posted that according to the Glassnode Investor Trend Confidence Index, historical data shows that even if today's investor confidence index returns from the hesitation zone to the positive zone, it does not necessarily mean that BTC will form a new upward trend. Just like in July 2023 and June 2024, the limit of the rebound was near the previous highs. The current market is highly confusing. Although it has been proven that even buying at the high point and holding firmly can still capture subsequent gains, only a few investors are able to hold their positions with conviction. Whenever the Glassnode Investor Trend Confidence Index shifts from positive to hesitant, it is a reminder that market confidence is reversing and the trend may be coming to an end. Whether BTC will continue to follow the four-year cycle in the future remains unknown to all market participants, including institutions. Short-term bull and bear phases may become the normalized measurement standard for BTC's future trends, and the previous methods of describing bull and bear cycles with -70% declines or dozens of times increases will become invalid.