Category: Crypto
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Spot Bitcoin ETFs see outflows of $127m led by ARKB’s largest negative flow to date
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U.S. spot bitcoin ETFs saw net outflows of $127.05 million on August 28, led by ARK 21Shares’ ARKB fund. Data Data from SoSoValue indicates that the 12 U.S.-based bitcoin exchange-traded funds saw net outflows on August 28, breaking an eight-day streak of positive inflows. During that eight-day period, these funds…
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Spot Bitcoin ETFs see outflows of $127m led by ARKB’s largest negative flow to date
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U.S. spot bitcoin ETFs saw net outflows of $127.05 million on August 28, led by ARK 21Shares’ ARKB fund. Data Data from SoSoValue indicates that the 12 U.S.-based bitcoin exchange-traded funds saw net outflows on August 28, breaking an eight-day streak of positive inflows. During that eight-day period, these funds…
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Celsius Bankruptcy Admin Distributes $2.5B To Creditors
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Celsius Network, a bankrupt crypto lender, has completed payments to two-thirds of its creditors despite challenges in the distribution process. In its first report, the entity responsible for the plan explained the status of the distribution plan and the next steps in the repayment process. Celsius distribution plan targets 375,000…
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Celsius Bankruptcy Admin Distributes $2.5B To Creditors
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Celsius Network, a bankrupt crypto lender, has completed payments to two-thirds of its creditors despite challenges in the distribution process. In its first report, the entity responsible for the plan explained the status of the distribution plan and the next steps in the repayment process. Celsius distribution plan targets 375,000…
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Is Bearish Control on the Horizon?
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Ethereum price has declined significantly and is trading below $2,550. Ethereum may start rising again if it stays above the $2,400 support area. Ethereum started a major decline below the $2650 and $2550 levels. The price is trading below the $2,550 level and the 100-hour simple moving average. A major…
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Is Bearish Control on the Horizon?
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Ethereum price has declined significantly and is trading below $2,550. Ethereum may start rising again if it stays above the $2,400 support area. Ethereum started a major decline below the $2650 and $2550 levels. The price is trading below the $2,550 level and the 100-hour simple moving average. A major…
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Ethereum creator seemingly donated $517k to mobile project ethOS
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Vitalik Buterin is likely to provide financial backing to ethOS, a project that has been touted as the world’s first Ethereum-based mobile operating system. According to Arkham data, Ethereum (ETH) co-founder Vitalik Buterin sender 199.9 ETH, worth over $517,000, for a multi-signature contract from Gnosis Safe. The leading speculation is…
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But When Will SOL Breach $190?
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Solana remains the fourth-largest blockchain platform, excluding USDT, which is third by market cap. Over the past year or so, SOL, the native token of the modern network, has been on a rollercoaster ride, outperforming even Bitcoin. This expansion comes despite Bitcoin racing to record all-time highs. While optimism is…
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An Untold Story of Bitcoin in Thailand
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In the rapidly expanding global Bitcoin community, Western biases often dominate the narrative, ignoring diverse stories from around the world. One such story belongs to Didier Somnok, a small business owner in the heart of Bangkok, a city known Thailand is expected to receive 22.8 million international tourists in 2023,…
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An Untold Story of Bitcoin in Thailand
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In the rapidly expanding global Bitcoin community, Western biases often dominate the narrative, ignoring diverse stories from around the world. One such story belongs to Didier Somnok, a small business owner in the heart of Bangkok, a city known Thailand is expected to receive 22.8 million international tourists in 2023,…
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4 Crucial Support Levels To Watch If BTC Falls
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Bitcoin is trending lower as of this writing, cooling off after an encouraging surge on August 23. While the uptrend continues, and the coin is not far from $63,000, there is no reason to rule out the possibility that sellers will continue to pressure. A continuation of the early August…
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How Meme Culture Fuel Its Rise In 2024
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The cryptocurrency market is buzzing with the latest trendsetter, $DOGS Token, a meme coin that’s capturing attention thanks to its explosive entrance on major exchanges like Binance and OKX. Inspired by popular internet culture, DOGS isn’t just another flashy meme coin; it’s become a sensation partly due to its unique…
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Robinhood wallet adds support for Solana
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Robinhood has officially added support for Solana to its wallet, expanding the platform’s cryptocurrency offerings. Johan Kerbrat, CEO of Robinhood Crypto, made the announcement. Mergerwhich will enable users to self-custody Solana (SOL) and transact across the Solana blockchain. The move is in line with Robinhood’s broader strategy to bolster its…
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Experts Assess Impact On Crypto
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On August 24, Pavel Durov, the co-founder and CEO of Telegram, was arrested in France, sending an immediate shockwave through the cryptocurrency market as the value of TON (TON) plummeted. The arrest is particularly significant given Telegram’s central role in the cryptocurrency industry as a communications hub. However, the consequences…
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A Manual Guide to Killing Bitcoin: The Eternal Return
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This article was published in Bitcoin Magazine. “The Half Problem”. Click here here To get your copy. Every morning at 6 a.m. in Punxsutawney, Pennsylvania, cynical weatherman Phil Connors wakes up to live the same day over and over again. Stuck in a time loop, Connors tries everything to get…
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A Manual Guide to Killing Bitcoin: The Eternal Return
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This article was published in Bitcoin Magazine. “The Half Problem”. Click here here To get your copy. Every morning at 6 a.m. in Punxsutawney, Pennsylvania, cynical weatherman Phil Connors wakes up to live the same day over and over again. Stuck in a time loop, Connors tries everything to get…
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Bearish Forces Eye $0.0914 Target
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Dogecoin DOGE’s latest attempt to regain bullish momentum came to a sudden halt as bearish forces reasserted their dominance. Shortly after poolThe popular meme coin is now under renewed selling pressure, with the price set to drop towards the $0.1 level. With the negative momentum strengthening, the question is whether…
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A $10M Catalyst For AI-Driven Startups
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Fetch.ai, a leading decentralized machine learning company, recently announced the launch of its long-awaited Innovation Lab in San Francisco. The state-of-the-art facility is set to serve as a transformative incubator for startups developing groundbreaking AI agent solutions, with an impressive $10 million in annual funding earmarked to fuel their growth.…