The US spot Bitcoin Exchange-Traded Funds (ETFs) have been experiencing a significant surge in inflows for the past 17 consecutive days. In a surprising turn of events, these ETFs recorded a massive $886.6 million in inflows on a particularly notable Tuesday, making it the second-highest single-day influx since their introduction. Following this impressive day, another
Robinhood recently made headlines with the announcement of its agreement to acquire the global crypto exchange Bitstamp for a whopping $200 million in cash. This strategic move is expected to significantly enhance Robinhood Crypto’s global footprint by bringing in customers from various regions such as the EU, UK, US, and Asia. Founded in 2011, Bitstamp
The recent partnership between MetaMask and HyperPlay has set out to transform the landscape of Web3 gaming. By introducing a new games directory into the MetaMask Portfolio, users now have a seamless way to browse and manage in-game assets. This collaboration is a significant step towards improving the user experience and integrating blockchain technology into
Recently, a group of U.S. lawmakers, led by House Foreign Affairs Committee Chair Michael McCaul, has raised an urgent plea to President Joe Biden regarding the detention of Tigran Gambaryan in Nigeria. This high-ranking executive at Binance has been held by Nigerian authorities for nearly three months, with the situation escalating to what the lawmakers
In recent months, there has been a noticeable increase in the number of large bitcoin holders, commonly referred to as “whales,” accumulating more tokens. Reports indicate that a specific group of whale addresses now collectively possess over 40% of the total bitcoin supply. This trend of accumulation by whale addresses holding more than 1,000 BTC
Chainlink (LINK), the native token of the decentralized blockchain oracle network built on Ethereum, has emerged once more as the top real-world asset with the most development activity in the last 30 days. Real-world assets, which represent physical assets like properties and objects in the cryptocurrency world, are gaining popularity as they run on smart
Bybit, one of the leading cryptocurrency exchanges, has made a significant change by removing China from the list of countries whose citizens are restricted from using its services. This move, confirmed on June 5 through the exchange’s website, has raised eyebrows due to China’s strict regulatory stance towards the crypto industry. It is important to
The recent performance of crypto assets such as Bitcoin, Ethereum, and Solana has continued to outshine traditional investments like Gold. According to a report shared by Raoul Pal, Co-Founder of Exponential Age Asset Management (EXPAAM), these digital assets have boasted annualized returns of 141%, 152%, and 224% respectively, far surpassing the returns of traditional assets
The launch of spot Ethereum ETFs is expected to bring a moderate level of excitement among traders and investors. Despite a relatively calm week, the arrival of these funds is anticipated to follow a similar explosive trajectory as seen with the introduction of Bitcoin ETFs, according to research conducted by K33. Projections from the research
The latest trends in the cryptocurrency market have revealed an interesting pattern of behavior among whales, particularly concerning meme coins like Shiba Inu (SHIB). One particular whale recently made waves by massively accumulating SHIB tokens, spending a staggering 4,849 ETH, equivalent to approximately $18.44 million, to acquire an astounding 715.9 billion SHIB in just six