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Based on the latest figures from Tuesday’s exchange-traded fund (ETF) trading sessions, the 12 spot bitcoin ETFs experienced another day of positive inflows, totaling $371.02 million. In contrast, the nine ethereum-based ETFs recorded outflows, with $12.7 million exiting the ether funds. Bitcoin ETFs Pull in $371M While Ethereum Funds Drop by $12.7M On Tuesday, Blackrock’s … Read more
Bitcoin’s sharp rally has Bitwise CIO Matt Hougan rethinking how fast the crypto could skyrocket, as investors rush to position themselves ahead of the next big surge. “People don’t want to be left behind if and when crypto takes off,” he stressed. “There is a lot of dry powder on the sidelines.” He predicted: “As … Read more
Range-bound price action shouldn’t obscure the fast progress being made in bringing institutions and users onchain, Coinbase and Glassnode said in a Q4 report. Go to Source
The latest data highlights that the stablecoin market currently sits at $173 billion, with two recently introduced U.S. dollar-backed stablecoins showing significant growth. The decentralized finance (defi) project Sky, previously known as Makerdao, has minted 1.11 billion USDS, adding approximately 104 million coins to its supply over the past five days. In a parallel development … Read more
Fresh data reveals that the 12 U.S. spot bitcoin ETFs had their best day in four months, raking in $555.86 million in gains. Meanwhile, the nine spot ether ETFs also enjoyed a good Monday, pulling in $17.07 million in positive inflows. Bitcoin ETF Inflows Skyrocket While Ether Funds Capture Modest Gains The 12 bitcoin ETFs … Read more
Gasless swaps could ease the DeFi onboarding process, bolstering mass crypto adoption among new holders. Go to Source
Monochrome Asset Management has announced the launch of the Monochrome Ethereum ETF (IETH), marking Australia’s first exchange-traded fund (ETF) that provides direct access to ethereum. Trading under the ticker ‘IETH’ on Cboe Australia, the ETF will be available on most Australian brokerage platforms, allowing local investors to gain exposure to ethereum through a direct-holding structure. … Read more
Ethereum co-founder Vitalik Buterin recently made headlines after selling six memecoins, accumulating 257.11 ETH, valued at $633,000, in just 50 minutes. Buterin has a history of selling memecoins for charitable donations, and this time seems to be no different. The memecoins sold by Buterin include: – 330K $MSTR, worth $281,000, sold for 114 ETH – … Read more
Blackrock CEO Larry Fink has emphasized bitcoin’s growing legitimacy as an investment, calling it an alternative to commodities like gold. “We believe bitcoin is an asset class in itself,” said the CEO of the world’s largest asset manager. Fink downplayed regulatory changes, arguing broader acceptance and liquidity will drive market expansion. With the firm’s bitcoin … Read more
Bitcoin’s rise above $66,500 could open the doors for a rally to new highs and altcoins look set to follow. Go to Source