Last updated: January 18, 2024 23:35 EST | 1 min read Source: AdobeStock Hong Kong-based Venture Smart Financial Holdings Limited (VSFG) is gearing up to seek approval from the Securities and Futures Commission (SFC) for the introduction of a Bitcoin spot exchange-traded fund (ETF). JUST IN: HONG KONG’S VSFG PLANS TO LAUNCH SPOT #BITCOIN ETF […]
In an interview with Bloomberg, Rachel Aguirre, the head of product at BlackRock U.S. iShares, revealed that the firm’s spot Bitcoin ETF (IBIT) has witnessed a surge in inflows, predominantly coming from retail investors and newcomers to the cryptocurrency space. This revelation follows the impressive performance of IBIT, which has maintained its lead in total
BlackRock Exec Reveals IBIT Inflows Driven by Strong Investor Interest Read More »
The Bitcoin hashrate has experienced a 25% drop since the weekend, raising concerns about the security of the network just ahead of the highly anticipated “halving” event. Data sourced from BTC.com reveals a decline in global hashrate estimates from approximately 600 EH/s on Friday to 450 EH/s by Tuesday. Texas Cold Weather Affects Bitcoin Hashrate
Here’s Why Bitcoin’s Hashrate Fell by 25% 3 Months Before Next Halving Read More »
TL;DR Shiba Inu experienced a substantial increase in its token burn rate, but its price continues to decline. Shibarium saw a rise in daily transactions, signaling growth in the meme coin’s ecosystem. Burn Rate Goes Through the Roof The popular meme coin – Shiba Inu – witnessed a burn rate increase of nearly 3,000% in the past
Shiba Inu Burn Rate Explodes 3,000% But the SHIB Price Corrects Read More »
Bitcoin’s (BTC) price has fallen nearly 10% over the past week after initially surging in anticipation of spot BTC exchange-traded funds (ETFs) being approved in the US. This decline highlights lingering questions about Bitcoin’s role as a store of value versus being just another speculative asset. While the long-term prospects of BTC may be uncertain,
Bitcoin Price Down Almost 10% in a Week But Bitcoin Minetrix Sees Gains Read More »
In 2023, illicit crypto addresses experienced a notable decrease in value to $24.2 billion, with Chainalysis reporting a decline in the share of all crypto transaction volume related to such activity from 0.42% in 2022 to 0.34%, accompanied by a shift in the types of assets involved in crypto-based crime. In the past two years,
Sanctioned Entities Flock to Stablecoins Amidst Decline in Illicit Activity: Chainalysis Read More »
Last updated: January 17, 2024 22:05 EST | 3 min read Source: AdobeParis-based Ethereum staking infrastructure provider Kiln has closed a $17 million funding round to expand its institutional-grade offering internationally. The funding will also support more decentralized finance (DeFi) reward models. The funding round was led by 1kx. Several prominent investors participated in the
Ethereum Staking Platform Kiln Raises $17 Million in Funding Round Led by 1kx Read More »
Last updated: January 17, 2024 22:20 EST | 4 min read SEI’s price seems to be struggling as hype builds for new meme coin Meme Kombat’s crypto presale and launch. Image by Kerem Goktug Kaya, DALL-E 3. SEI has recently attracted considerable attention after some impressive price movements. Currently ranked #45 by market cap on
Is Sei Going to Zero? SEI Price Drops 4% as New Meme Coin Prepares to List on Exchanges Read More »
Last updated: January 17, 2024 22:06 EST | 2 min read Source: Adobe / flavioThe growing trend of tokenizing traditional assets has caught the attention of legacy financial institutions. According to a recent report by Moody’s, a leading investment risk assessment firm, the value of tokenized funds has surged from $100 million at the beginning
Last updated: January 17, 2024 20:07 EST | 1 min read Investors are shifting their focus to Launchpad XYZ’s crypto ICO as its new token presale countdown begins. Image by Kerem Goktug Kaya, DALL-E 3. With popular meme token Shiba Inu’s price down nearly 25% over the past year, investors are moving on to new
Shiba Inu Holders Migrating To New Crypto ICO Built For Traders To Hunt 1000% ROI Tokens Read More »
