Recently, the US spot Bitcoin Exchange-Traded Funds (ETFs) have been experiencing an unprecedented streak of inflows, with 17 consecutive days of net additions. A particularly noteworthy Tuesday saw inflows amounting to a staggering $886.6 million, making it the second-highest single-day influx since the inception of these ETFs. Subsequently, another substantial day of inflows occurred, totaling
Recently, a group of U.S. lawmakers led by House Foreign Affairs Committee Chair Michael McCaul (R-Texas) made a plea to President Joe Biden to take action in the case of Tigran Gambaryan, a high-ranking executive at Binance who has been detained by Nigerian authorities for almost three months. This urgent appeal, supported by 11 other
MetaMask and HyperPlay have recently come together to revolutionize the world of Web3 gaming. By introducing a new games directory into the MetaMask Portfolio, users now have a seamless way to explore and manage their in-game assets. This partnership signifies a significant advancement in enhancing the Web3 user experience and integrating blockchain technology into mainstream
Chainlink (LINK), the native token of the decentralized blockchain oracle network built on Ethereum, has once again proven itself as the top real-world asset with the most development activity in the last 30 days. This significant achievement has caught the attention of many in the crypto world, signaling a promising future for Chainlink and its
Bybit, one of the largest cryptocurrency exchanges, recently made a bold move by removing China from the list of countries whose citizens are restricted from using its services. This decision, confirmed by CryptoSlate on June 5, has raised eyebrows in the crypto community. The list of restricted countries still includes major players like the United
In recent months, there has been a noticeable trend of large bitcoin holders, often referred to as “whales,” increasing their holdings of the cryptocurrency. Data analysis shows that a subset of these whale addresses now collectively possess over 40% of the total bitcoin supply. This accumulation by whales, particularly those holding more than 1,000 BTC,
In the world of meme coins, one investor stands out for their extraordinary buying spree of Shiba Inu (SHIB) tokens. This whale recently spent a whopping 4,849 ETH, equivalent to around $18.44 million, to acquire an astounding 715.9 billion SHIB in just six hours. This level of accumulation is unprecedented, even for a seasoned investor
In a recent report by Exponential Age Asset Management (EXPAAM), it was revealed that Bitcoin, Ethereum, and Solana have been outperforming traditional assets like Gold. These digital assets have shown annualized returns of 141%, 152%, and 224% respectively, compared to the best traditional asset at 17%. This trend has been consistent over the past 14
The launch of Ethereum-based exchange-traded funds (ETFs) in the United States has investors buzzing with excitement. Traders’ positions indicate a moderate degree of interest in these investment vehicles. According to K33 research, there is an expectation of around $4 billion flowing into spot Ethereum ETFs within the first five months after their launch. This projection
Bitcoin, the popular digital currency, has once again come into focus as the US banking system faces increasing challenges. Some experts are optimistic about Bitcoin’s future, suggesting that its value could skyrocket to $1 million per coin. This surge is expected to be driven by economic uncertainties and a potential flight to safety by investors.
