The year-to-date inflows for digital assets hit a new high of $29.2 billion with inflows of $2.2 billion last week. This was according to Coinshares’ latest digital assets inflow report by head of research, James Butterfill. Coinshares: Record Numbers for Digital Asset Inflows With $2.2 billion in inflows, bitcoin (BTC) was identified in Coinshares’ analysis […] Source: https://news.bitcoin.com/digital-assets-inflows-reach-record-high-with-us-elections-on-the-horizon/
Month: November 2024
EigenLayer bolsters restaking with Bitcoin yield, P2P.org payouts
EigenLayer kicked off programmatic EIGEN token incentives for restakers in October. Source: https://cointelegraph.com/news/eigenlayer-bolsters-restaking-bitcoin-yield-p2p-org-payouts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Will It Rally or Break Down?
Despite facing a bearish trend, Toncoin is showing signs of a potential bullish reversal as it hovers around the critical $4.65 support level. Traders are keen to see if this could pave the way for a rally towards $6. Toncoin’s Current Scenario With the recent increase in bearish pressure, Toncoin has retraced back to the important support area of $4.65.…
Pakistan moves to regulate cryptocurrency, CBDCs as legal tender
The proposed amendments would allow for sweeping changes to the country’s financial sector. Source: https://cointelegraph.com/news/pakistan-moves-regulate-cryptocurrency-cbdc-legal-tender?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin DeFi Project EverValue Raises Over $4.7 Million in Token Presale
Bitcoin-backed DeFi project EverValue’s token presale was an “exceptional success,” raising over 75 BTC ($4.7 million) and surpassing its initial target of 35 BTC within the first week of launch, the project said. In a statement shared with Decrypt, EverValue CEO Flor Ayala said that the raise, “underscores the strong backing from the community and reinforces EverValue’s unique value proposition…
Crypto Twitter: A dangerous source for financial advice?
In its latest video, Cointelegraph explains the hidden dangers of seeking financial advice on X and highlights how influencer manipulation has cost investors millions in the crypto market. Source: https://cointelegraph.com/news/crypto-twitter-dangerous-source-financial-advice?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin ETFs Add Billions of Dollars Ahead of US Election
Crypto investment funds have continued to break records—even as the price of Bitcoin and demand for ETFs has become more sensitive to polls and perception as the U.S. election nears. Last week, $2.2 billion hit funds giving investors exposure to digital coins and tokens, data from CoinShares shows. The European asset manager tracks digital asset funds all over the world. …
BTC dips below $69K, Cobie’s Bullish message, GOAT rebounds above $500M
BTC dips below $69K, Cobie’s Bullish message, GOAT rebounds above $500M BTC falls below $69k as Trump’s odds fall. BTC volatility points to ±10% move on election. BTC to $50k if Harris, $80-90k if Trump: Bernstein. We are going to $100k BTC no matter what: Cobie. 21Shares applies for XRP ETF. Singapore pushes for RWA tokenisation rules. UBS launches tokenised…
Michigan pension fund maintains Bitcoin ETF investment, adds Ether ETFs
The value of the ARK 21Shares Bitcoin ETF shares held by the state’s pension fund increased by roughly $1 million since being reported. Source: https://cointelegraph.com/news/michigan-pension-fund-bitcoin-ether-etf-investment?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Mining Bans Could Lead to Increase in Carbon Emissions: Researchers
A new research paper has argued that Bitcoin mining bans could have the unintended consequence of actually increasing global carbon emissions in some cases. The paper argued that banning Bitcoin mining in areas that use a comparatively high amount of renewable energy, such as Canada, Norway, or El Salvador, would encourage Bitcoin mining to grow in more fossil fuel-reliant countries…