Cryptocurrency ETFs saw inflows exceeding $20 billion in 2024, according to Morningstar. Source: https://cointelegraph.com/news/propelled-crypto-inflows-us-etf-assets-hit-record-10-trillion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
‘Hamster Kombat’ Token Tops $1 Billion in Trading as TON Survives Massive Airdrop
Telegram game Hamster Kombat launched its long-awaited HMSTR token Thursday on The Open Network (TON), and while some players complained of smaller-than-expected airdrops feeling like “dust,” the token saw sizable trading action in its first day on the market. HMSTR logged more than $1.2 billion worth of trading volume in its first 24 hours, per data from CoinGecko early Friday,…
UK Gambling Commission charges Sorare for unlicensed facilities
The French website offers NFTs for fantasy sports team competitions and as collectibles. Source: https://cointelegraph.com/news/sorare-uk-gambling-commission-unlicensed-gambling?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin ETFs See $365M Inflows as Ether Funds Slip
On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) saw gains, while their ether-focused counterparts faced a decline during the day’s trading session. ARKB Tops Bitcoin ETF Gains as Ether Funds Fall by $675K U.S. bitcoin ETFs saw a hefty $365.57 million in positive inflows on Thursday, with Ark Invest and 21shares’ ARKB leading the charge. […] Source: https://news.bitcoin.com/bitcoin-etfs-see-365m-inflows-as-ether-funds-slip/
Moo Deng Price Nearly Doubles in a Day as Meme Coins Outpace Bitcoin Gains
Bitcoin isn’t the only asset soaring today—the meme coin market is also having its moment, continuing a surge that began on Thursday. Established coins and tokens like Dogecoin, Floki, and Pepe have all surged in price, but newer investments for the degens are seeing even bigger spikes. Solana-based token Moo Deng (MOODENG) is up over 90% in 24 hours, nearly doubling…
Bitcoin at a ‘pivotal juncture,’ $60K not out of the picture — Analyst
Crypto analysts say a daily close above $65,000 will confirm “bullish momentum,” but a possible reversal still can’t be ruled out. Source: https://cointelegraph.com/news/bitcoin-price-pivotal-juncture-60k-crypto-analysts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Swan Bitcoin Alleges Ex-Employees Conspired to Steal Mining Business
A newly filed lawsuit claims that Swan Bitcoin, a financial services company focused on bitcoin, is accusing former employees of trying to hijack its “billion-dollar bitcoin mining business.” According to the suit, Swan’s subsidiary Electric Solidus alleges that Proton Management dubbed a “copycat company” in the filing, stole trade secrets from their mining operations. Swan […] Source: https://news.bitcoin.com/swan-bitcoin-alleges-ex-employees-conspired-to-steal-mining-business/
BC.GAME Unveils Epic 1 Billion $BC Mining Rush: A Chance to Win Big Every Day
WILLEMSTAD, Curacao, Sept. 27, 2024 /PRNewswire/ — BC.GAME, a leading crypto gaming platform, has officially announced the launch of the $BC Mining Rush, an exclusive event with a staggering prize pool of 1 billion $BC tokens. The event will run from October 1 to October 20, 2024, with pre-registration starting on September 24, offering players the chance to win daily rewards…
Leveraged Microstrategy ETFs break $400m as 'hot sauce arms race' heat up
The ETFs add leverage to Microstrategy’s already levered-up Bitcoin strategy. Investors can’t seem to get enough. Source: https://cointelegraph.com/news/leveraged-microstrategy-etfs-break-400m-hot-sauce-wars-heat-up?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Tops $66K as Inflation Cools, $9.67M in Shorts Liquidated
Bitcoin prices continued climbing this week, reaching an intraday peak of $66,456 per unit at 10:35 a.m. ET on Friday, marking a 2.4% boost against the U.S. dollar today and a solid 5% gain over the past seven days. Bitcoin Jumps to $66,456 Following U.S. PCE Report On Friday, Sept. 27, 2024, bitcoin crossed the […] Source: https://news.bitcoin.com/bitcoin-tops-66k-as-inflation-cools-9-67m-in-shorts-liquidated/