Category: Crypto
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Ethereum ETFs See 2nd Green Day Since Launch
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Ethereum exchange-traded funds (ETFs) have recorded their first green day after a four-day losing streak. A week after their launch, massive inflows, led by Grayscale’s Ethereum Trust (ETHE), have outpaced the stellar start of the ether-based investment product. Ethereum ETFs Outperform Outflows The approval of Ethereum (ETH) spot ETFs has…
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Ethereum ETFs See 2nd Green Day Since Launch
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Ethereum exchange-traded funds (ETFs) have recorded their first green day after a four-day losing streak. A week after their launch, massive inflows, led by Grayscale’s Ethereum Trust (ETHE), have outpaced the stellar start of the ether-based investment product. Ethereum ETFs Outperform Outflows The approval of Ethereum (ETH) spot ETFs has…
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Post Nashville Event Recap – A Bitcoin VC Perspective The Good, The Bad, and the Bullish
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Macro – Crossing the Rubicon 1. Donald J. Trump and the point of no return. 3 words, “Strategic Bitcoin Stockpile”. It was theorized by many Bitcoiners for years, some would even say dreamed of, and it happened just last week. Fair to say that Bitcoin has indeed crossed some sort…
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Ethereum Seeing High Exchange Outflows, But Watch Out For This Bearish Signal
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On-chain data shows that Ethereum has been experiencing high exchange outflows recently, but the development related to Tether (USDT) could be a bearish headwind for the market. Both Ethereum and Tether have seen withdrawals from exchanges recently. As on-chain analytics firm Santiment explains in a new report, mail In X,…
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Ethereum Seeing High Exchange Outflows, But Watch Out For This Bearish Signal
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On-chain data shows that Ethereum has been experiencing high exchange outflows recently, but the development related to Tether (USDT) could be a bearish headwind for the market. Both Ethereum and Tether have seen withdrawals from exchanges recently. As on-chain analytics firm Santiment explains in a new report, mail In X,…
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Polyhedra Network launches Proof Cloud in open beta
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Polyhedra Network announced the launch of the open beta version of Proof Cloud at Google ZK Summit. Proof Cloud is designed to make ZK proofs more accessible in both Web 2 and Web 3 environments. Backed by Google Cloud, Polygon (MATIC), Linea, and Lita, Proof Cloud aims to meet the…
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Bitcoin Utility Back To Q1 Bull Run Levels: New Rally Soon?
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On-chain data shows that Bitcoin network utility has recently returned, which could pave the way for another price surge. Bitcoin Trading Rises to 5-Month High In new mail In X, on-chain analytics firm Santiment discussed the latest trend in Bitcoin “trading.” Trading here refers to an indicator that tracks the…
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Bitcoin Utility Back To Q1 Bull Run Levels: New Rally Soon?
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On-chain data shows that Bitcoin network utility has recently returned, which could pave the way for another price surge. Bitcoin Trading Rises to 5-Month High In new mail In X, on-chain analytics firm Santiment discussed the latest trend in Bitcoin “trading.” Trading here refers to an indicator that tracks the…
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Lightning Network In A Class Of Its Own At Bitcoin 2024 Conference
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I was asked repeatedly throughout this year’s Bitcoin 2024 conference to name the most notable thing about that moment—the signal amidst the noise. As I returned from Nashville, it occurred to me that each time, I was never able to answer the question satisfactorily. Partly because I simply couldn’t keep…
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Hedge Fund Manager Says Bitcoin Price Will Reach $428,000 If This Happens
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Hedge Fund Manager James Lavish He predicted that. Bitcoin price may reach $428K At some point. He also mentioned what would have to happen for the leading cryptocurrency to reach such an ambitious price target. How can Bitcoin price rise to $428k? Lavish mentioned in X (formerly Twitter) mail who…
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Identity Is A Must For Stablecoin Issuers
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In an important step, Swiss Financial Market Supervisory Authority (FINMA)Switzerland’s financial regulator has issued new guidelines aimed at addressing the risks associated with fiat-linked stablecoins. The guidelines, released on July 26, 2024, emphasize the importance of verifying the identity of all token holders, effectively banning decentralized stablecoins in Switzerland. The…
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Aave price surges amid whale accumulation and V3.1 launch
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DeFi protocol Aave is seeing a significant spike in whale activity as the market looks to recover from the recent slide that pushed most altcoins into major support areas earlier this week. On July 31, Lookonchain subscriber Details indicate that whales have been accumulating Aave (AAVE) heavily over the past…
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Aave price surges amid whale accumulation and V3.1 launch
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DeFi protocol Aave is seeing a significant spike in whale activity as the market looks to recover from the recent slide that pushed most altcoins into major support areas earlier this week. On July 31, Lookonchain subscriber Details indicate that whales have been accumulating Aave (AAVE) heavily over the past…
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Ripple CEO Condemns US SEC For Withdrawal From The Binance Lawsuit, Here’s Why
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In a scathing criticism, Brad Garlinghouse, CEO of financial giant Ripple, publicly declared: convicted The US Securities and Exchange Commission (SEC) has announced a surprise backtrack on its legal battle with Binance, the world’s largest cryptocurrency exchange. In his criticism of the SEC’s strategy, the Ripple CEO accused the regulator…
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Holding Bitcoin Has Been Profitable for 98.5% of Its Existence, Data Shows
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according to Bitcoin Pro Magazine According to the data, holding Bitcoin has been profitable for 98.5% of its existence. The data reveals that out of the last 5,096 days since Bitcoin began trading, holding Bitcoin has been profitable for 5,020 days compared to the current price of around $66,500 per…
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XRP Analyst Thinks The Coin Is Ready To Skyrocket By 21,000% To Over $150
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A veteran cryptocurrency reporter, Dalmas brings a unique perspective to the industry. His expertise in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of journalism experience, has allowed him to craft over 10,000 news and feature articles over the…
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UAE Residents Can Trade Crypto Directly With Bank Accounts
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Source: cryptodaily Cryptocurrencies have been steadily gaining widespread acceptance, and the UAE is leading the way. Recently, a digital asset custody service provider announced M2 exchange The United Arab Emirates has announced a new and innovative integration that will allow UAE residents to directly trade cryptocurrencies, specifically Bitcoin (BTC) and…
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UAE Residents Can Trade Crypto Directly With Bank Accounts
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Source: cryptodaily Cryptocurrencies have been steadily gaining widespread acceptance, and the UAE is leading the way. Recently, a digital asset custody service provider announced M2 exchange The United Arab Emirates has announced a new and innovative integration that will allow UAE residents to directly trade cryptocurrencies, specifically Bitcoin (BTC) and…
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GMX proposal to change revenue model proceeds to on-chain vote stage
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GMX, an on-chain, permanent spot exchange, has announced that a proposal to change the platform’s revenue distribution model has entered the on-chain voting phase. According to advertisement On July 31, the new revenue distribution model aims to boost the long-term value of the GMX token (GMX). Currently, the DEX protocol…
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GMX proposal to change revenue model proceeds to on-chain vote stage
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GMX, an on-chain, permanent spot exchange, has announced that a proposal to change the platform’s revenue distribution model has entered the on-chain voting phase. According to advertisement On July 31, the new revenue distribution model aims to boost the long-term value of the GMX token (GMX). Currently, the DEX protocol…