US Bitcoin ETFs Surge by $202M While Ethereum ETFs Bleed $13M in Outflows

U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows of $202.51 million on Monday, marking the eighth consecutive day of gains. In contrast, spot ethereum ETFs experienced a loss of $13.23 million during the same trading session. Bitcoin ETFs Enjoy 8th Straight Day of Inflows With $202M Boost On Aug. 26, the 12 spot bitcoin ETFs … Read more

French Court Extends Telegram CEO Pavel Durov’s Police Custody

French prosecutors have announced that an investigative judge extended the police custody of Pavel Durov, CEO of Telegram, on Monday evening for up to 48 hours. After that, French authorities must either release or charge him. Durov was detained on Saturday at Le Bourget airport amid a judicial investigation launched last month concerning 12 alleged … Read more

The $DOGS Airdrop: A Memecoin Revolution?

The highly anticipated $DOGS airdrop went live yesterday, marking a significant milestone for the memecoin community. Binance has announced its support through the 57th Launchpool program, alongside other major exchanges like Gateio, Bitget, and Bybit. With a total supply of 550 billion tokens, $DOGS has allocated 22 billion (4%) to Launchpool users, creating a buzz … Read more

Uncovering The Crypto Social Media Ecosystem

The crypto community’s social media preferences have been revealed in a recent survey, showcasing a diverse landscape. X, the most popular platform, only secured 41.7% of the vote, indicating a fragmented market. Telegram And YouTube Tops The Chart Telegram and YouTube emerged as strong contenders, with 21.5% and 20.8% of participants respectively choosing them as … Read more

WazirX Users Get Partial Relief, But Crypto Withdrawals Remain Frozen

It’s been a tumultuous month for WazirX users, following the devastating cyberattack on July 18, 2024, which prompted the platform to suspend withdrawals and trading. After weeks of intense efforts, the WazirX team has finally outlined a plan to address users’ pressing concerns regarding cryptocurrency and INR balances. 📢 Important Announcement About INR Withdrawals and … Read more

Bitcoin’s Long-Awaited Recovery: A Bullish Turnaround?

Bitcoin has finally broken free from its prolonged stagnation, and it seems Jerome Powell’s speech at Jackson Hole was the spark that ignited the rally. The cryptocurrency has burst out of its $58k-$62k range, and investors are eagerly anticipating the next move. QCP: BTC finally got the recovery that we’ve been waiting for. It seems … Read more

Ethereum Soars Past $3,800: A Breakout With A Twist

Ethereum’s price has burst out of its channel, surging above $3,800 in a remarkable move. However, a closer look reveals a intriguing development. The Ethereum Foundation, the organization behind the cryptocurrency, has transferred 35,000 ETH (worth $94.07 million) to Kraken Deposit, sparking speculation about its intentions. According to Arkham, Ethereum Foundation (0xde0) transferred 35,000 ETH … Read more

Stablecoin Market Soars To 2-Year High: A New Era Of Growth

The stablecoin market has reached a remarkable milestone, surpassing $170 billion in market capitalization. $USDT continues to dominate, holding a substantial 70% share. However, the landscape is evolving, with new asset-backed stablecoins gaining traction. These innovative stablecoins are pegged to a range of assets, including gold, the euro, and the dirham, offering fresh opportunities for … Read more

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