Blockchain
US-traded spot Ethereum ETFs amass $2 billion in inflows
Spot Ethereum (ETH) exchange-traded funds (ETFs) inflows surpassed $2 billion in nearly four weeks, when excluding Grayscale’s ETHE outflows of nearly $25 billion, based on Farside
Blockchain
Bitcoin Demand Drops Into Negative Territory Amid Price Slump
A recent research report by the onchain analytics platform Cryptoquant noted that the demand for Bitcoin (BTC) has dropped into negative territory The platform also highlighted the unwavering
Blockchain
Terraform Labs’ Fate Hinges on Sept. 19 Bankruptcy Hearing
The Chapter 11 bankruptcy reorganization hearing for Terraform Labs Pte Ltd and Terraform Labs Limited is set for Sept 19, 2024, at 10 am EDT This hearing will be pivotal in shaping the future of the
Blockchain
Bitcoin climbs to $61.7k as Fed minutes hint at rate cut in September
Bitcoin (BTC) is back above $61,000 after leaping 35% in the past 24 hours, fueled by the release of bullish Fed minutes related to the July meeting on Aug 21 Ethereum (ETH) followed with 15% growth
Blockchain
Bitcoin Bulls Charge Toward $62K as Fed’s Minutes Triggers Market Frenzy
Bitcoin’s price hit $61,838 per coin by 3:45 pm EDT on Wednesday, after spending much of the day lingering below the $60,000 mark The crypto market mirrored the upward movement seen in the
Blockchain
Crypto Fund Settles With NFA Over $2.5M Bitcoin Loan
Cryptocurrency fund Ikigai Strategic Partners has agreed to pay a $150,000 fine to the National Futures Association (NFA) following allegations of an illicit bitcoin loan, according to an Aug 20
Blockchain
Glassnode Report Reveals Why The Bitcoin Price Dropped Below $50,000
Bitcoin crashed below $50,000 on August 5 in a sudden dip that saw many positions liquidated in the crypto market This sudden dip, which cascaded into other cryptocurrencies, took the market by
Blockchain
Emerging markets embrace stablecoins despite significant premiums
Businesses and consumers in 17 emerging markets pay an average premium of 47% over the standard dollar price to access stablecoins, with the figure rising to 30% in countries like Argentina The data
Blockchain
Litecoin Quietly Growing: LTC Volume Doubled Over Past Year
On-chain data shows the Litecoin transaction volume has more than doubled in the last year, a sign that could be positive for the network Litecoin Transaction Volume Has Shown Steady Growth Recently
Blockchain
Highest Court of China Moves to List Virtual Asset Transactions as a Money-Laundering Tool
The Supreme People’s Court of China, the highest court of law in the country, and the Supreme People’s Procuratorate have issued a joint document that interprets the current money
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Solana Hits Milestone As Canada OKs First Spot ETFs
Canada’s financial regulators have given the green light to multiple spot Solana (SOL) exchange-traded funds, marking another cryptocurrency milestone for the country According to Bloomberg ETF
Ripple Talks XRP Settlement With SEC—CEO Predicts $200K Bitcoin
Ripple eyes a landmark SEC settlement paid in XRP as CEO Brad Garlinghouse boldly forecasts bitcoin hitting $200,000, signaling explosive momentum for the crypto market Ripple Discusses Settling With
Report: Bitdeer Eyes US Bitcoin Mining Rig Production as Industry Navigates Tariff Uncertainty
Publicly listed bitcoin mining company Bitdeer is preparing to manufacture its mining equipment in the United States, a move shaped by US President Donald Trump’s trade policies Trump’s Tariffs
Bitcoin Price Fails To Launch With $751 Million In Outflows, Are Institutions Cashing Out?
The Bitcoin price continues to face headwinds, as the latest report on Digital Asset Fund Flows shows a staggering $751 million in outflows from the digital asset The sheer volume of this withdrawal
Cardano (ADA) Chart Setup Hints At A Major Upside Ahead – Here’s Why
Cardano (ADA) is flashing early signs of a potential breakout, with its latest chart structure suggesting that the bulls may be preparing for a major upside move, Thomas Anderson’s analysis After