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Bloomberg Data: Grayscale Bitcoin Trust (GBTC) Saw $7.4 Billion in Outflows over First 31 Trading Days
27.2.2024
The Grayscale Bitcoin Trust (GBTC), the world's largest Bitcoin exchange-traded fund (ETF), has seen continued outflows for an entire month.
The post Bloomberg Data: Grayscale Bitcoin Trust (GBTC) Saw $7.4 Billion in Outflows over First 31 Trading Days appeared first on Cryptonews
Everything We Saw At Today's Pokémon Presents
27.2.2024
It’s February 27, and that means it’s time for another Pokémon Presents to celebrate the series’ anniversary. It’s Pokémon’s 28th year in 2024, and the announcements this year were underwhelming compared to previous years where The Pokémon Company made announcements like Legends: Arceus and Scarlet...
Bitcoin Investment Products Saw Inflows of $570M Last Week: CoinShares
26.2.2024
Crypto-focused investment products saw the fourth consecutive week of inflows, data shows
Everything We Saw At The Nintendo Direct Partner Showcase
21.2.2024
Nintendo held its first Direct showcase of the year, and it was dedicated to third-party games coming to the Switch in 2024. This 23-minute showcase saw Xbox Studios finally announce which of their games are coming to the competing platform after weeks of rumors and speculation. But we also...
STRK Price Surges 23% as Starknet Kickstarts with Massive Airdrop, Over 140 Million Tokens Claimed
20.2.2024
Ethereum layer-2 project Starknet launched its STRK token airdrop, resulting in a 23% price surge and over 140 million tokens claimed. The token saw brief highs of $7 on Binance and $5 on KuCoin. Starknet addresses feedback around eligibility criteria and promises continued evolution for...
Is It Too Late to Buy AI Coins? The Graph, Fetch.ai and Injective Blast Up and This Other Coin Could be Next
19.2.2024
Anticipation in the crypto markets is escalating, especially as we approach the next Bitcoin halving in April and the rising popularity of AI coins. The AI narrative is not a new phenomenon in the crypto market; Spring 2023 saw a breakout for Artificial Intelligence cryptocurrencies amidst...
Crypto Miner Phoenix Group Reports 50% Jump in Net Income
15.2.2024
UAE-based blockchain mining firm Phoenix Group said it has seen a 50% growth in net income and a “substantial increase” in year-on-year sales following its initial public offering (IPO) on the Abu Dhabi Stock Exchange. In an announcement, Phoenix Group said sales experienced a surge of...
XRP Price Prediction as XRP Overtakes USDC Stablecoin in Market Rankings – $1 XRP Soon?
12.2.2024
The XRP price has dropped by 2.5% today, falling back to $0.5182 as the wider crypto market loses 1% in the past 24 hours. These losses come as cryptocurrencies across the board correct a little after a very strong weekend, which saw prices rise largely as a result of ballooning Bitcoin...
Leading Privacy Crypto Monero Bounces Back: XMR Surges 25%, Defying Delisting Woes
7.2.2024
After the leading privacy crypto token monero experienced a substantial 32% price decline on Tuesday, the coin’s value swiftly saw recovery the next day, surging by 25% within the last 24 hours. Binance, Kraken, and Kucoin are witnessing significant activity in monero’s daily trading...
Grayscale Reduces Bitcoin Holdings as Competing ETFs Continue to Bolster Reserves
7.2.2024
After the trading activity on Monday, which saw $642 million in transaction volume, Grayscale’s Bitcoin Trust sold off approximately 3,426.99 bitcoin, valued at around $147 million. Following Tuesday’s trading activity, GBTC offloaded an additional 2,565.39 bitcoin, valued at $110...
Bitcoin Price Prediction as ‘Buy The Dip’ Sentiment Floats It Above $43K – Can It Sustain the Momentum?
6.2.2024
In the realm of Bitcoin price prediction, the premier digital currency recently saw a dip below the $43,000 mark, impacted by a downturn in the US stock market and Coinbase shares’ performance. Despite these headwinds, Bitcoin demonstrated resilience, buoyed by a ‘buy the dip’...
Is Ronin Coin About to Crash? RON Price Plummets as New ICO Makes Cloud Mining More Accessible
6.2.2024
After its listing on Binance, the GameFi-focused Layer-1 solution Ronin Coin witnessed a -26% drop in RON price. This RON price analysis will look to see if Ronin Coin is about to crash even further. Indeed, the dramatic downturn comes following Ronin Coin’s long-awaited Binance listing...
Inflows of US Digital Asset ETFs Hits Total of $7.7B in Four Weeks
5.2.2024
Digital asset management funds are still on a record rise. So far, the crypto-backed investment products have recorded $7.7 billion in total inflows in the US, according to a February 6 CoinShares report on crypto-backed investment funds. CoinShares Head of Research James Butterfill shared...
Stablecoin Issuer Tether Leads $25 Million Funding Round for Mobile Payment Startup Oobit
5.2.2024
On Monday, Tether, the leading issuer of stablecoins, revealed its role as the lead investor in the Series A funding round of mobile payment startup Oobit, which successfully garnered $25 million. The investment round saw contributions from notable entities such as Titan Fund, Solana’s Anatoly...
AI Crypto Market Cap Leaps $1.07 Billion in 12 Days Led by Bittensor’s Rise
3.2.2024
In the span of just 12 days, the market cap of the artificial intelligence (AI) cryptocurrency sector has risen from $6.08 billion to its present valuation of $7.15 billion. This growth is primarily attributed to the impressive performance of bittensor (TAO), which saw a notable increase of 31.6%...
Best Crypto to Buy Today Feb 2 – ROSE, PENDLE, FLR
2.2.2024
With blue-chip cryptocurrency markets choppy on Friday following the release of a bumper US jobs reports that saw macro traders pare back on Fed rate cut bets, Oasis Network (ROSE), Pendle (PENDLE) and Flare (FLR) are the best performers, making them the likely best crypto to buy today. Bitcoin...
Biggest Crypto Gainers Today on Uniswap – DORK, GME, BEBE
2.2.2024
With blue-chip cryptocurrency markets choppy on Friday following the release of a bumper US jobs reports that saw macro traders pare back on Fed rate cut bets, $DORK, $GME and $BEBE are the biggest crypto gainers today on decentralized exchange Uniswap. Bitcoin (BTC) swung either side of $43,000...
Blackrock’s IBIT Bitcoin Reserves Soar, Securing 70,005 BTC Valued at Nearly $3 Billion
2.2.2024
According to the latest metrics, Grayscale’s Bitcoin Trust, commonly referred to as GBTC, saw a decline of approximately 9,520.27 bitcoins, valued at around $410 million, between Jan. 31 and Feb. 1, 2024. During a two-day period, Blackrock’s spot bitcoin exchange-traded fund (ETF)...
Tether Achieves Record $6.2 Billion Annual Profit, Nears $100 Billion In Assets
1.2.2024
In 2023, Tether saw its assets approach the $100 billion mark, following a $6.2 billion profit according to the company’s Q4 attestation report released on January 31. The financial surge, detailed in Tether’s latest financial statements, reflects a strategic allocation of assets....
Everything We Saw At Sony's January State Of Play
1.2.2024
On January 31, Sony held it’s regular State of Play broadcast to show off upcoming games in its ever-growing library. We got a close look at Rise of Ronin, as well as Stellar Blade, and a few more intriguing titles. So let’s dig into everything we saw at the showcase.Read more