Accéder au contenu principal

Crypto Market Sees Highest Capital Inflow In 2 Years, What This Means

Despite the year drawing to a close, crypto investors are not slowing down their activities in the space. In fact, the reverse is the case as money is flowing back into the market at an unprecedented rate. Over the last few months, inflow into the crypto market has climbed and now, it has touched its highest level in the last two years.

Crypto Inflows Cross $24 Billion

Crypto analyst Ali Martinez took to the X (formerly Twitter) platform to inform investors of an interesting development in the market. According to the analyst, the total capital inflow into the market has now crossed the $24 billion mark.

The chart shared by the analyst shows a steady increase in capital inflow, going from negative values just before October to rising to tens of billions by December. The post which was made on December 25 showed that the capital inflows were sitting at $24.2 billion.

Now, this is significant because the last time that this happened was back in December 2021. This increase shows a willingness from investors to move back into the market instead of taking out money. This is also corroborated by the digital asset investment products which saw more than $103 million in inflows last week alone.

Total market cap at $1.6 trillion | Source: Crypto Total Market Cap on Tradingview.com

What Does This Mean for Digital Assets?

Looking at historical performance shows that a surge in capital inflows can be very good for the prices of digital assets. When the capital inflow levels were this high back in December 2021, it preceded another impressive run going into the month of January in the following year. As a result of this surge, prices of cryptocurrencies such as Bitcoin saw a rise.

However, this is not entirely bullish given that there have also been declines not too long after capital inflow surges. Usually, times like these are when euphoria is at its peak which means that investors could be panic-buying while those who have bought at lower prices begin to dump their tokens on newer investors.

Following the capital injection in December 2021, the price would tank around two months later as outflows began to dominate the market. However, this outflow may be short-lived before the bullish narrative takes over once again.

If the trend from 2021 holds, then the market could be looking at another month of upward trajectory before prices tank once more. In such a case, the Bitcoin price could rise as high as $50,000 and then correct back downward in the months leading up to the halving event.

Featured image from Storm Gain, chart from Tradingview.com




Source link

The post Crypto Market Sees Highest Capital Inflow In 2 Years, What This Means appeared first on Job From Home Blog.

Commentaires

Posts les plus consultés de ce blog

Jojobet (464)

Jojobet bahis adresi ua – En Güvenilir Bahis Sitesi 2021 Jojobet bahis adresi ua – En Güvenilir Bahis Sitesi 2021 Geri dönüşü yüksek bir heyecana hazır olun! Heybetli rekabet atmosferinde keyifli bir oyun deneyimi sunan öncü bir bahis platformuna hoş geldiniz. İnternetin en güvenilir ve güçlü adreslerinden biri olarak, size en üst düzey kalite standartlarına sahip online bahis fırsatlarını sunmaktan gurur duyuyoruz. Bahis ve şans oyunları tutkunlarının beklentilerini aşan kapsamlı hizmetlerimizle sizi unutulmaz bir yolculuğa çıkarmak için buradayız. Profesyonel ekibimiz, Türkiye’nin en donanımlı ihtiyaçlarına uygun olarak sürekli yenilenen bahis seçenekleriyle geniş bir kumarhane atmosferi ile etkileyici deneyimler sunar. Farklı spor dallarında eşsiz tahmin ve analiz araçlarıyla dolu olan platformumuz, kazandıran oranlarla sizden tam not alacaktır. En yeni teknolojik yazılım alt yapımız sayesinde, kesintisiz ve sorunsuz oyunculuk deneyiminin tadını çıkarabilirsiniz. Şansın, yetene...

$3 Million Stolen In ‘Kraken’ Crypto Con

The surge in online scams has drawn heightened regulatory attention towards the crypto industry. A recent case serves as a vivid reminder of the risks involved, where a Connecticut resident became a victim of a significant scam, losing more than $3 million to individuals falsely purporting to be associated with Kraken, a well-known cryptocurrency exchange. The victim, who remains unnamed, was based in Westport and followed advice to transfer funds out of a retirement account, intending to reinvest the money in an account supposedly linked to Kraken. However, their decision led to more than $3 million swiftly disappearing into crypto wallets they could not access. Recovery Of Stolen Crypto Funds Fortunately, the victim sought help from law enforcement, and local detectives, collaborating with the state’s Organized Crime Task Force, launched an investigation. This diligent effort enabled them to trace the transactions and freeze accounts involved in the scam. While they managed to r...

Space loves AI, AI doesn’t love Space

Space-related applications of artificial intelligence and machine learning are often confined to the ground because moving AI onboard satellites, while promising, is significantly more difficult. “Running AI in space is like running a marathon on the moon — impressive if achieved, but limited by the environment,” said Sylvester Kaczmarek, chief technology officer at OrbiSky Systems, a London startup focused on AI edge operations. Advanced processors are power hungry, meaning satellites with onboard AI require large solar panels and extra batteries. Plus, “radiation in space can fry electronics,” Kaczmarek said. Power management is another problem. Many AI devices require very high currents at low voltages. “The demands that AI devices place on power management are new to the space industry,” said Bert Vermeire, Voyager Space chief technology officer. “There are no good solutions with space heritage and it is difficult to identify efficient and small form factor power and manageme...