On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced net outflows of approximately $18.3 million, contrasting with inflows observed in their ethereum counterparts. The most significant gain was recorded by Blackrock’s IBIT, while Grayscale’s GBTC suffered the largest losses. $18.3M Net Outflows in U.S. Bitcoin ETFs; GBTC Hit Hardest The total reduction across the 11 […] Source: https://news.bitcoin.com/us-bitcoin-etfs-record-18-3-million-in-net-outflows/
Month: July 2024
New Crypto Launch to Watch: 99Bitcoins Token $2.5M Presale Ends in Five Days
A new project is shaking things up in the crypto education space. As its presale comes to an end, 99Bitcoins Token (99BTC) is primed to transform how we learn about the blockchain – all while offering crypto rewards. 99Bitcoins Token Transforms Crypto Education Through Learn-to-Earn 99Bitcoins has been a cornerstone of crypto education since 2013, […] Source: https://news.bitcoin.com/new-crypto-launch-to-watch-99bitcoins-token-2-5m-presale-ends-in-five-days/
How Tron’s upgrades are reshaping the digital economy: Report
Tron outperforms the altcoin market with groundbreaking developments and robust metrics. Our comprehensive report provides a closer look at Tron’s advancements. Source: https://cointelegraph.com/news/tron-upgrades-digital-economy-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Liminal Pushes Back Against $230 Million WazirX Hack Claims
Following the $230 million hack of Indian crypto exchange WazirX earlier this month, cryptocurrency custody service provider Liminal has pushed back against accusations that the attack involved its infrastructure. A Liminal spokesperson told Decrypt that the company’s systems were not compromised in order to recently funnel $230 million of WazirX’s crypto assets. A compromised multi-signature smart contract wallet used in…
Bitcoin and BTC Mining Stocks Headed for Volatility After FOMC Decision, Says Analyst
Investors should carefully consider their positions in Bitcoin (BTC) and Bitcoin mining stocks, expecting high volatility ahead of the highly anticipated Federal Open Market Committee (FOMC) decision on Wednesday, according to 10X Research founder Markus Thielen. “Without macroeconomic support, Bitcoin is likely to remain in its challenging trading range,” he wrote in a new report. The cryptocurrency has shown signs…
Ethereum ETFs Snap Losing Streak, Grayscale’s Outflows Weigh In
On Tuesday, U.S. spot ether exchange-traded funds (ETFs) experienced a day of inflows, ending four days of outflows. The nine ETFs collectively absorbed $33.67 million, though the figure could have been higher if not for Grayscale’s Ethereum Trust (ETHE), which offloaded $120.28 million. Ether ETFs Bounce Back After 4-Day Outflows The ether-based ETFs in the […] Source: https://news.bitcoin.com/ethereum-etfs-snap-losing-streak-grayscales-outflows-weigh-in/
While Solana Neiro Meme Coins Feud, an Ethereum Competitor Leaves Them in the Dust
A crypto civil war took place this weekend after the owner of the dog that inspired the Doge meme announced she had adopted Neiro, a 10-year-old rescue Shiba Inu. Since then, while two Neiro-inspired Solana meme coins have been feuding, an Ethereum token has quietly taken the lead. Neiro on ETH (NEIRO) was created 14 minutes after the largest Solana…
Yield-bearing Treasury-backed stablecoin USDY launches on Aptos
Stablecoin issuers are becoming some of the largest buyers of United States government debt at a time of increased de-dollarization. Source: https://cointelegraph.com/news/yield-bearing-treasury-backed-stablecoin-usdy-aptos?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Sky Mavis co-founder breaks down Ronin’s surge in active users
Sky Mavis co-founder Jeffrey Zirlin believes that Ronin has a “dedicated and resilient community” that has been built since the launch of Axie Infinity. Source: https://cointelegraph.com/news/ronin-network-daily-users-surge-reasons?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
FOMO HOUR 168 – SEC DROPS SOL CLAIMS
FOMO HOUR 168 – SEC DROPS SOL CLAIMS BTC falls to $66k after government moves $2bn BTC. Transfer most likely just a new custodian. SEC plans to drop charges SOL is a security. SOL ETF not happening in near term: BlackRock. ETFs to hit model portfolios later this year: BlackRock. Grayscale ETH ETF outflows slow marginally. Tron surpasses ETH &…