Factors include uncertainty in the spot Ethereum ETF launch, high ETF futures open interest, and stagnant Ethereum network usage. Source: https://cointelegraph.com/news/3-reasons-why-ethereum-is-stuck-below-3900
Month: May 2024
Trading for AEVO, ARKM, ENA and more available now
We’re thrilled to announce that Aevo (AEVO), Arkham (ARKM), AltLayer (ALT), Ether.fi (ETHFI), Ethena (ENA), Maple (MPL), Safe (SAFE) and ZetaChain (ZETA) are now available on Kraken! Funding and trading AEVO, ARKM, ALT, ETHFI, ENA, MPL, SAFE and ZETA funding and trading are live. Add these tokens to your Kraken account by navigating to Funding, selecting the asset, and hitting…
Blackrock’s IBIT and Fidelity’s FBTC Drive $28M Inflows for US Bitcoin ETFs
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) continued their streak of positive gains, collecting $28.3 million in inflows. This marks the 12th consecutive day of positive inflows for U.S. bitcoin ETFs. Blackrock’s IBIT Tops Inflows as U.S. Bitcoin ETFs Maintain Positive Streak Blackrock’s Ishares bitcoin trust (IBIT) led on May 29, with $24.5 million […] Source: https://news.bitcoin.com/blackrocks-ibit-and-fidelitys-fbtc-drive-28m-inflows-for-us-bitcoin-etfs/
Gambling is on the rise — So why is investing still restricted?
Americans aren’t allowed to make certain investments unless they earn $200,000 annually or they’re worth more than $1 million — but they are free to gamble. Source: https://cointelegraph.com/news/gambling-rising-so-why-investing-still-restricted
Why Pay? Every Good Thing About OpenAI’s GPT-4o Is Now Free
OpenAI gave access to the full multimodal features of GPT-4o to its free users on Wednesday, a move that defies the norms of competitors who reserve advanced features for paying subscribers. “We’re opening up access to our new flagship model, GPT-4o, and features like browse, data analysis, and memory to everyone for free,” OpenAI tweeted. “All ChatGPT Free users can…
Traders say Bitcoin price fights “last resistance” at $69K before new all-time highs
The Bitcoin price remains stuck below $69,000 over the past 10 weeks, but analysts say it is a healthy price action Source: https://cointelegraph.com/news/traders-say-bitcoin-price-fights-last-resistance-at-69k-before-new-all-time-highs
Blockchain helps harvesting better avocados in Kenya — Here’s how
Small-scale farmers lack the essential tools to address significant challenges in avocado production. Here’s how blockchain and AI can help them. Source: https://cointelegraph.com/news/blockchain-helps-harvesting-better-avocados-in-kenya-heres-how
NodeMonkes Leads NFT Sales Again This Week
NodeMonkes, the leading Bitcoin-based NFT collection, once again led CryptoSlam’s daily sales chart on Wednesday, achieving US$935,770 in sales. This marks the second time NodeMonkes has topped the sales chart this week. The recent surge has propelled NodeMonkes’ cumulative sales volume to US$229.06 million, placing it 26th on the all-time sales chart, surpassing the Avalanche-based Crabada. The second highest-performing collection…
Crypto losses from fraud and hacks declined 12% in May — Immunefi
The decline in crypto scams and frauds continued, with only $52 million lost in May compared to $59 million the previous year. Source: https://cointelegraph.com/news/crypto-losses-fraud-hacks-decline-may-immunefi
Bitcoin Startup Babylon Raises $70 Million to Bring BTC Staking to Ethereum and Solana
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports A crypto startup seeking to use Bitcoin for native staking on other blockchain networks has secured $70 million in fresh funding to fuel its ambitious goals. …