{"id":555617,"date":"2023-10-16T18:00:33","date_gmt":"2023-10-16T18:00:33","guid":{"rendered":"https:\/\/wncen.com\/?p=555617"},"modified":"2024-06-11T07:06:35","modified_gmt":"2024-06-11T07:06:35","slug":"bitcoin-takes-the-lead-as-crypto-funds-see-inflows","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-takes-the-lead-as-crypto-funds-see-inflows\/","title":{"rendered":"Bitcoin Takes The Lead As Crypto Funds See Third Straight Week Of Inflows"},"content":{"rendered":"<p><span class=\"selectable-text copyable-text\">Despite an array of uncertainties that have dotted the crypto horizon, recent <a href=\"https:\/\/blog.coinshares.com\/volume-153-digital-asset-fund-flows-weekly-report-8685f6901538\" target=\"_blank\" rel=\"noopener nofollow\">data<\/a> from Coinshares reveals a continuous faith in the sector, especially the foremost crypto giant, Bitcoin.<\/span><\/p>\n<p><span class=\"selectable-text copyable-text\">Digital asset investment products have seen a steady and positive trend, recording net inflows for three weeks. Amid these inflows, Bitcoin emerges as the <a href=\"https:\/\/wncen.com\/bitcoin-news\/will-october-be-bitcoin-golden-month-dive-bullish-trends\/\" target=\"_blank\" rel=\"noopener \">most dominant<\/a>, presenting a robust case for its standing in the market.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/bitcoin-news\/will-october-be-bitcoin-golden-month-dive-bullish-trends\/\" target=\"_blank\" rel=\"noopener \">Will October Be Bitcoin\u2019s Golden Month Again? A Dive Into A Decade Of Bullish Trends<\/a><\/div>\n<h2><span class=\"selectable-text copyable-text\">Bitcoin Steers The Inflow Wave<\/span><\/h2>\n<p class=\"selectable-text copyable-text iq0m558w g0rxnol2\" dir=\"ltr\"><span class=\"selectable-text copyable-text\">According to the latest report by CoinShares, Bitcoin-centric products experienced inflows amounting to $16 million just in the past week. This surge has swelled the year-to-date inflows, positioning them at $260 million. CoinShares&#8217; data also shed light on inflows into Short-Bitcoin funds, which amounted to $1.7 million.<\/span><\/p>\n<p class=\"selectable-text copyable-text iq0m558w g0rxnol2\" dir=\"ltr\"><span class=\"selectable-text copyable-text\">However, the report reveals that the recent data might not reflect the aftermath of the SEC&#8217;s decision not to appeal against the Grayscale legal challenge. James Butterfill, the Head of Research at CoinShares, noted:<\/span><\/p>\n<blockquote>\n<p dir=\"ltr\">It is worth noting that our data, which is as of Friday\u2019s close, was unlikely to capture the positive news out of the US regarding the SEC not appealing the Grayscale legal challenge, potentially paving the way for a spot-based ETF in the US.<\/p>\n<\/blockquote>\n<p class=\"selectable-text copyable-text iq0m558w g0rxnol2\" dir=\"ltr\"><span class=\"selectable-text copyable-text\">While Bitcoin <a href=\"https:\/\/wncen.com\/bitcoin-news\/bitcoin-path-analyst-shows-head-and-shoulders-pattern-reveals\/\" target=\"_blank\" rel=\"noopener \">held its ground<\/a>, other cryptocurrencies also showcased noteworthy movements. Solana\u2019s investment products added roughly $3.7 million, building upon the <a href=\"https:\/\/wncen.com\/bitcoin-news\/crypto-fund-flows-bitcoin-leads-as-solana-follows-but-whys-ethereum-left-behind\/\" target=\"_blank\" rel=\"noopener \">$24 million from the previous week<\/a>. <\/span><\/p>\n<p class=\"selectable-text copyable-text iq0m558w g0rxnol2\" dir=\"ltr\"><span class=\"selectable-text copyable-text\">XRP maintained momentum, recording its 25th week of positive inflows with an additional $420,000. Butterfill highlighted the continuous support from the &#8220;investment community&#8221; for XRP, especially in light of the recent &#8220;successful legal challenges&#8221; against the US Securities and Exchange Commission (SEC).<\/span><\/p>\n<p class=\"selectable-text copyable-text iq0m558w g0rxnol2\" dir=\"ltr\"><span class=\"selectable-text copyable-text\">However, it wasn\u2019t all sunshine and roses. <a href=\"https:\/\/wncen.com\/news\/ethereum\/is-ethereum-staking-boom-a-ticking-time-bomb-jpmorgan-weighs-in\/\" target=\"_blank\" rel=\"noopener \">Ethereum<\/a> funds witnessed a setback, with outflows of $7.4 million. This seemed to neutralize most inflows after the launch of six Ethereum futures exchange-traded funds (ETFs) the previous week. <\/span><\/p>\n<p class=\"selectable-text copyable-text iq0m558w g0rxnol2\" dir=\"ltr\"><span class=\"selectable-text copyable-text\">Butterfill pointed towards potential &#8220;protocol design concerns&#8221; as a plausible reason. Other digital assets such as Litecoin, Chainlink, and Tezos also witnessed minor outflows of $280,000, $310,000, and $250,000, respectively.<\/span><\/p>\n<figure style=\"width: 700px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"bg mn mo c\" role=\"presentation\" src=\"https:\/\/i0.wp.com\/miro.medium.com\/v2\/resize:fit:1400\/1*AsMrBiiOGb6d9VWAFBZQqQ.png?resize=700%2C703&#038;ssl=1\" alt=\"Crypto market weekly fund flows.\" width=\"700\" height=\"703\"><figcaption class=\"wp-caption-text\">Crypto market weekly fund flows. | Source:<a href=\"https:\/\/blog.coinshares.com\/volume-153-digital-asset-fund-flows-weekly-report-8685f6901538\" target=\"_blank\" rel=\"noopener nofollow\"> CoinShares<\/a><\/figcaption><\/figure>\n<h2 class=\"selectable-text copyable-text iq0m558w g0rxnol2\" dir=\"ltr\"><span class=\"selectable-text copyable-text\">Global Inflow Dynamics<\/span><\/h2>\n<p class=\"selectable-text copyable-text iq0m558w g0rxnol2\" dir=\"ltr\"><span class=\"selectable-text copyable-text\">Regarding the global distribution of these inflows, Germany stood out, accounting for the bulk of the week&#8217;s inflows with $16.1 million. The US and Canada followed suit, with inflows of $2.1 million and $3.5 million respectively. <\/span><\/p>\n<p class=\"selectable-text copyable-text iq0m558w g0rxnol2\" dir=\"ltr\"><span class=\"selectable-text copyable-text\">Interestingly, Sweden was the only European nation to witness an outflow of $7.5 million. Butterfill states that despite this positive net inflow trend<\/span><span class=\"selectable-text copyable-text\">, &#8220;trading volumes remain 27% below the 2023 average.&#8221;<\/span><\/p>\n<p class=\"selectable-text copyable-text iq0m558w g0rxnol2\" dir=\"ltr\"><span class=\"selectable-text copyable-text\">Regardless, Bitcoin, which led the pack in last week&#8217;s inflow, experienced a dramatic shift in recent hours. Specifically, the asset witnessed a swift surge <a href=\"https:\/\/wncen.com\/bitcoin-news\/bitcoin-eyes-turnaround-could-a-new-all-time-high\/\" target=\"_blank\" rel=\"noopener \">above $30,000<\/a>, propelled by an unsubstantiated rumor by Cointelegraph about the US Securities and Exchange Commission (SEC) approving a spot BTC ETF. The regulator <a href=\"https:\/\/twitter.com\/EleanorTerrett\/status\/99318532\" target=\"_blank\" rel=\"noopener nofollow\">debunked<\/a> the rumors.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/bitcoin-news\/bitcoin-path-analyst-shows-head-and-shoulders-pattern-reveals\/\" target=\"_blank\" rel=\"noopener \">Bitcoin Path To $70,000? Analyst Shows What This \u2018Head And Shoulders\u2019 Pattern Reveals<\/a><\/div>\n<p class=\"selectable-text copyable-text iq0m558w g0rxnol2\" dir=\"ltr\"><span class=\"selectable-text copyable-text\">However, the crypto quickly retraced its steps once the rumor was debunked, particularly by a FOX Business reporter.<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\ud83d\udea8BlackRock has just confirmed to me that this is false. Their application is still under review. <a href=\"https:\/\/t.co\/XIfIWZ0Ule\" rel=\"nofollow\">https:\/\/t.co\/XIfIWZ0Ule<\/a><\/p>\n<p>\u2014 Eleanor Terrett (@EleanorTerrett) <a href=\"https:\/\/twitter.com\/EleanorTerrett\/status\/72809602?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener nofollow\">October 16, 2023<\/a><\/p><\/blockquote>\n<p class=\"selectable-text copyable-text iq0m558w g0rxnol2\" dir=\"ltr\"><span class=\"selectable-text copyable-text\">At the time of writing, Bitcoin is trading at $28,049, still exhibiting bullish behavior with a 4.3% increase in the last 24 hours.<\/span><\/p>\n<figure style=\"width: 2770px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/KGgg1XAP\/\" alt=\"Bitcoin (BTC) price chart on TradingView\" width=\"2770\" height=\"1556\"><figcaption class=\"wp-caption-text\">Bitcoin (BTC) price is moving sideways on the 4-hour chart. Source: BTC\/USDT on <a href=\"https:\/\/www.tradingview.com\/chart\/HSuSIPeM\/?symbol=BINANCE%3ABTCUSDT\" target=\"_blank\" rel=\"noopener nofollow\">TradingView.com<\/a><\/figcaption><\/figure>\n<p dir=\"ltr\">Featured image from Unsplash, Chart from TradingView<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite an array of uncertainties that have dotted the crypto horizon, recent data from Coinshares reveals a continuous faith in the sector, especially the foremost crypto giant, Bitcoin. Digital asset investment products have seen a steady and positive trend, recording net inflows for three weeks. Amid these inflows, Bitcoin emerges as the most dominant, presenting a robust case for its standing in the market. Related Reading: Will October Be Bitcoin\u2019s Golden Month Again? A Dive Into A Decade Of Bullish Trends Bitcoin Steers The Inflow Wave According to the latest report by CoinShares, Bitcoin-centric products experienced inflows amounting to $16 million just in the past week. This surge has swelled the year-to-date inflows, positioning them at $260 million. CoinShares&#8217; data also shed light on inflows into Short-Bitcoin funds, which amounted to $1.7 million. However, the report reveals that the recent data might not reflect the aftermath of the SEC&#8217;s decision not to appeal against the Grayscale legal challenge. James Butterfill, the Head of Research at CoinShares, noted: It is worth noting that our data, which is as of Friday\u2019s close, was unlikely to capture the positive news out of the US regarding the SEC not appealing the Grayscale legal challenge, potentially paving the way for a spot-based ETF in the US. While Bitcoin held its ground, other cryptocurrencies also showcased noteworthy movements. Solana\u2019s investment products added roughly $3.7 million, building upon the $24 million from the previous week. XRP maintained momentum, recording its 25th week of positive inflows with an additional $420,000. Butterfill highlighted the continuous support from the &#8220;investment community&#8221; for XRP, especially in light of the recent &#8220;successful legal challenges&#8221; against the US Securities and Exchange Commission (SEC). However, it wasn\u2019t all sunshine and roses. Ethereum funds witnessed a setback, with outflows of $7.4 million. This seemed to neutralize most inflows after the launch of six Ethereum futures exchange-traded funds (ETFs) the previous week. Butterfill pointed towards potential &#8220;protocol design concerns&#8221; as a plausible reason. Other digital assets such as Litecoin, Chainlink, and Tezos also witnessed minor outflows of $280,000, $310,000, and $250,000, respectively. Global Inflow Dynamics Regarding the global distribution of these inflows, Germany stood out, accounting for the bulk of the week&#8217;s inflows with $16.1 million. The US and Canada followed suit, with inflows of $2.1 million and $3.5 million respectively. Interestingly, Sweden was the only European nation to witness an outflow of $7.5 million. Butterfill states that despite this positive net inflow trend, &#8220;trading volumes remain 27% below the 2023 average.&#8221; Regardless, Bitcoin, which led the pack in last week&#8217;s inflow, experienced a dramatic shift in recent hours. Specifically, the asset witnessed a swift surge above $30,000, propelled by an unsubstantiated rumor by Cointelegraph about the US Securities and Exchange Commission (SEC) approving a spot BTC ETF. The regulator debunked the rumors.\u00a0 Related Reading: Bitcoin Path To $70,000? Analyst Shows What This \u2018Head And Shoulders\u2019 Pattern Reveals However, the crypto quickly retraced its steps once the rumor was debunked, particularly by a FOX Business reporter. \ud83d\udea8BlackRock has just confirmed to me that this is false. Their application is still under review. https:\/\/t.co\/XIfIWZ0Ule \u2014 Eleanor Terrett (@EleanorTerrett) October 16, 2023 At the time of writing, Bitcoin is trading at $28,049, still exhibiting bullish behavior with a 4.3% increase in the last 24 hours. Featured image from Unsplash, Chart from TradingView<\/p>\n","protected":false},"author":580,"featured_media":555483,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[134,428,1119,78790,16180,6664],"class_list":["post-555617","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoin","tag-bitcoin","tag-btc","tag-btcusdt","tag-coinshares","tag-crypto"],"acf":[],"yoast_head":"\n<title>Bitcoin Takes The Lead As Crypto Funds See Third Straight Week Of Inflows<\/title>\n<meta name=\"description\" content=\"Despite an array of uncertainties, recent data reveals a continuous faith in digital assets, especially the foremost crypto giant, Bitcoin...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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Edyme\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g\",\"caption\":\"Samuel Edyme\"},\"description\":\"Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme\u2019s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis. Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events\u2014like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ\u2019s arrest\u2014has honed his keen sense of market dynamics. When he isn\u2019t crafting engaging crypto content, you\u2019ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he\u2019s catching some Z\u2019s or scrolling through Elon Musk\u2019s very own X platform\u2014(oops, another screen activity, my bad\u2026) Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters\u2014(don\u2019t judge, that\u2019s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or \u201ckaizen,\u201d striving to be 1% better every day. His mantras, \u201cGod knows best\u201d and \u201cEverything is still on track,\u201d reflect his resilient outlook and how he lives his life. In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He\u2019s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck\u2014unflappable. Edyme is like trading in your car for a jet\u2014bold. He\u2019s the guy who\u2019d ask his boss for a pay cut just to prove a point\u2014(uhhh\u2026). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent\u2014okay, maybe that\u2019s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps. Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That\u2019s just not the way he roll. He has these favorite lyrics from NF\u2019s \u201cClouds\u201d that resonate deeply with him: \u201cWhat you think's probably unfeasible, I've done already a hundredfold.\u201d PS\u2014Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He\u2019s 100% Him-alayan. Screw it, he ate the opp.\",\"sameAs\":[\"https:\/\/x.com\/0xEdyme\"],\"url\":\"https:\/\/wncen.com\/author\/samueledymeabayomi\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Takes The Lead As Crypto Funds See Third Straight Week Of Inflows","description":"Despite an array of uncertainties, recent data reveals a continuous faith in digital assets, especially the foremost crypto giant, Bitcoin...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/bitcoin-takes-the-lead-as-crypto-funds-see-inflows\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Takes The Lead As Crypto Funds See Third Straight Week Of Inflows","og_description":"Despite an array of uncertainties, recent data reveals a continuous faith in digital assets, especially the foremost crypto giant, Bitcoin...","og_url":"https:\/\/wncen.com\/news\/bitcoin-takes-the-lead-as-crypto-funds-see-inflows\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-10-16T18:00:33+00:00","article_modified_time":"2024-06-11T07:06:35+00:00","og_image":[{"width":1254,"height":836,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/iStock-1344135727.jpg?fit=1254%2C836","type":"image\/jpeg"}],"author":"Samuel Edyme","twitter_card":"summary_large_image","twitter_creator":"@0xEdyme","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Samuel Edyme","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/bitcoin-takes-the-lead-as-crypto-funds-see-inflows\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/bitcoin-takes-the-lead-as-crypto-funds-see-inflows\/"},"author":{"name":"Samuel Edyme","@id":"https:\/\/wncen.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500"},"headline":"Bitcoin Takes The Lead As Crypto Funds See Third Straight Week Of Inflows","datePublished":"2023-10-16T18:00:33+00:00","dateModified":"2024-06-11T07:06:35+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-takes-the-lead-as-crypto-funds-see-inflows\/"},"wordCount":589,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-takes-the-lead-as-crypto-funds-see-inflows\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/iStock-1344135727.jpg?fit=1254%2C836","keywords":["altcoin","bitcoin","btc","BTCUSDT","coinshares","crypto"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/bitcoin-takes-the-lead-as-crypto-funds-see-inflows\/","url":"https:\/\/wncen.com\/news\/bitcoin-takes-the-lead-as-crypto-funds-see-inflows\/","name":"Bitcoin Takes The Lead As Crypto Funds See Third Straight Week Of Inflows","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-takes-the-lead-as-crypto-funds-see-inflows\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-takes-the-lead-as-crypto-funds-see-inflows\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/iStock-1344135727.jpg?fit=1254%2C836","datePublished":"2023-10-16T18:00:33+00:00","dateModified":"2024-06-11T07:06:35+00:00","description":"Despite an array of uncertainties, recent data reveals a continuous faith in digital assets, especially the foremost crypto giant, Bitcoin...","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/bitcoin-takes-the-lead-as-crypto-funds-see-inflows\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/bitcoin-takes-the-lead-as-crypto-funds-see-inflows\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/bitcoin-takes-the-lead-as-crypto-funds-see-inflows\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/iStock-1344135727.jpg?fit=1254%2C836","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/iStock-1344135727.jpg?fit=1254%2C836","width":1254,"height":836,"caption":"Bitcoin price"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/bitcoin-takes-the-lead-as-crypto-funds-see-inflows\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Takes The Lead As Crypto Funds See Third Straight Week Of Inflows"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500","name":"Samuel Edyme","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g","caption":"Samuel Edyme"},"description":"Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme\u2019s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis. Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events\u2014like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ\u2019s arrest\u2014has honed his keen sense of market dynamics. When he isn\u2019t crafting engaging crypto content, you\u2019ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he\u2019s catching some Z\u2019s or scrolling through Elon Musk\u2019s very own X platform\u2014(oops, another screen activity, my bad\u2026) Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters\u2014(don\u2019t judge, that\u2019s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or \u201ckaizen,\u201d striving to be 1% better every day. His mantras, \u201cGod knows best\u201d and \u201cEverything is still on track,\u201d reflect his resilient outlook and how he lives his life. In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He\u2019s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck\u2014unflappable. Edyme is like trading in your car for a jet\u2014bold. He\u2019s the guy who\u2019d ask his boss for a pay cut just to prove a point\u2014(uhhh\u2026). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent\u2014okay, maybe that\u2019s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps. Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That\u2019s just not the way he roll. He has these favorite lyrics from NF\u2019s \u201cClouds\u201d that resonate deeply with him: \u201cWhat you think's probably unfeasible, I've done already a hundredfold.\u201d PS\u2014Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He\u2019s 100% Him-alayan. Screw it, he ate the opp.","sameAs":["https:\/\/x.com\/0xEdyme"],"url":"https:\/\/wncen.com\/author\/samueledymeabayomi\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Takes The Lead As Crypto Funds See Third Straight Week Of Inflows","url":"http:\/\/wncen.com\/news\/bitcoin-takes-the-lead-as-crypto-funds-see-inflows\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bitcoin-takes-the-lead-as-crypto-funds-see-inflows\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/iStock-1344135727.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/iStock-1344135727.jpg?fit=1254%2C836"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Samuel Edyme"}],"creator":["Samuel Edyme"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoin","bitcoin","btc","btcusdt","coinshares","crypto"],"dateCreated":"2023-10-16T18:00:33Z","datePublished":"2023-10-16T18:00:33Z","dateModified":"2024-06-11T07:06:35Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Takes The Lead As Crypto Funds See Third Straight Week Of Inflows\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-takes-the-lead-as-crypto-funds-see-inflows\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-takes-the-lead-as-crypto-funds-see-inflows\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/iStock-1344135727.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/iStock-1344135727.jpg?fit=1254%2C836\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Samuel Edyme\"}],\"creator\":[\"Samuel Edyme\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoin\",\"bitcoin\",\"btc\",\"btcusdt\",\"coinshares\",\"crypto\"],\"dateCreated\":\"2023-10-16T18:00:33Z\",\"datePublished\":\"2023-10-16T18:00:33Z\",\"dateModified\":\"2024-06-11T07:06:35Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/iStock-1344135727.jpg?fit=1254%2C836","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/555617"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/580"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=555617"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/555617\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/555483"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=555617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=555617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=555617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}