A months-long torrent of cash continued apace last week, as digital asset investment products—including spot Bitcoin and Ethereum ETFs—saw $3.2 billion worth of inflows. Lifting year-to-date inflows to $44.5 billion, the figure clocked in at quadruple that of any year on record, according to data from CoinShares. In a Monday blog post, CoinShares Head of Research James Butterfill described the…
Presto Research, the analytical division of the algorithmic trading firm Presto, has just dropped its debut annual report titled “From Chaos to Clarity,” shining a spotlight on the wild ride of crypto trends in 2024 and throwing some daring forecasts for 2025. Presto Research 2025 Predictions: Bitcoin to Break $200K Barrier While Solana Becomes a […] Source: https://news.bitcoin.com/bitcoin-to-skyrocket-to-210000-in-2025-presto-research-predicts/
Nifty Island embraced a wide array of established communities in Web3 to help expand its Roblox-style metaverse game. Now it’s going to reward them. The project, which pioneered the now-popular “play-to-airdrop” campaign, is gearing up for its December 17 launch of ISLAND, an Ethereum-based utility token that will serve as the ecosystem token for its in-game economy. Below, learn everything…
The proposal to buy back tokens with protocol revenues is intended as a new value accrual mechanism for tokenholders. Source: https://cointelegraph.com/news/ether-fi-proposes-native-token-buybacks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Caroline Crenshaw may still have one more chance to be confirmed for a second term as an SEC commissioner before the next session of Congress. Source: https://cointelegraph.com/news/us-senate-last-chance-confirm-sec-commissioner-caroline-crenshaw?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
U.S. spot ETFs for bitcoin and ethereum maintained consecutive weekly inflows with $2.17 billion and $855 million each. Bitcoin and Ethereum ETFs Hit Significant Weekly Inflows Bitcoin and ethereum exchange-traded funds (ETFs) hit significant weekly numbers, as both ETFs maintained their inflow streaks. Metrics from sosovalue show that U.S. spot bitcoin ETFs had a net […] Source: https://news.bitcoin.com/bitcoin-etfs-rack-in-2-17-billion-with-ethereum-etfs-hitting-new-weekly-high/
El Salvador has authorized Bitget to provide Bitcoin services in the country. The exchange is now seeking further approval to support more tokens. Source: https://cointelegraph.com/news/el-salvador-grants-bitget-license-bitcoin-services?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The Stanford Blockchain Club, a prominent group at Stanford University, has voiced significant worries about the U.S. government’s legal pursuit of Tornado Cash developers, Roman Storm and Roman Semenov, using old-school federal money transmission laws. Legal Overreach? Stanford Group Critiques Tornado Cash Indictments In their in-depth analysis, “Tornado Cash and the Boundaries of Money Transmission,” […] Source: https://news.bitcoin.com/stanford-blockchain-club-challenges-dojs-tornado-cash-case/
Traders betting against price gains for Bitcoin and Ethereum are licking their wounds Monday, with short liquidations piling up as BTC mines record territory and ETH hits a peak not seen since 2021. Bitcoin peaked at a new all-time high price of $107,822 on Monday around 1:30pm ET, per data from CoinGecko, with the price of the leading cryptocurrency continuing…
Bitcoin prints a new all-time high above $107,700, while several analysts call for much higher prices in the short term. Source: https://cointelegraph.com/news/bitcoin-price-all-time-highs-driven-by-spot-volumes-analyst-says-115-k-is-next?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
