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ETFSwap (ETFS) raises $750,000 in 3 days to bring Spot Bitcoin ETFs to the blockchain
14.4.2024
Spot Bitcoin ETFs have been all the rage recently in the investment world. Since their approval in January by the United States Security and Exchange Commission (SEC), BlackRock’s IBIT, along with the other 10 investment funds, have shot up in popularity to break trading records set by other...
US Spot Bitcoin ETFs See $55.1M Outflow; GBTC Divests 2,048 BTC Amid Market Volatility
14.4.2024
Data shows that U.S. spot bitcoin exchange-traded funds (ETFs) experienced negative outflows on Friday, totaling $55.1 million, with Grayscale’s Bitcoin Trust (GBTC) seeing another notable decrease. Metrics from Thursday reveal GBTC held 316,193.43 bitcoins, but after a decline of 2,048.23...
Crypto Markets Crash as Iranian Drone Attack on Israel Sparks Sell-Off
14.4.2024
The cryptocurrency market experienced a significant downturn following an Iranian drone attack on Israel, leading to a widespread sell-off of digital assets.
The post Crypto Markets Crash as Iranian Drone Attack on Israel Sparks Sell-Off appeared first on Cryptonews
Free Tesla giveaway puts Octoblock DeFi at the forefront in BNB Smart Chain
14.4.2024
With many investors looking for the best crypto to buy now, Octoblock’s innovative offerings, including its Tesla giveaway, are setting it at the forefront of the BNB Smart Chain. What is BNB Smart Chain? The BNB Smart Chain (BSC) is a layer-1 blockchain platform that supports smart contracts...
USDE and FDUSD Experience Brief Depegs Amid Saturday’s Crypto Market Shake-Up
14.4.2024
The fifth-largest stablecoin in the crypto economy by market capitalization, Ethena’s USDE, temporarily detached from its peg on Saturday amid market declines. Data reveals that the token, designed to mirror the U.S. dollar’s value, declined to $0.965 each. Similarly, the market...
Crypto Advocates Weigh in on Bitcoin’s Sudden Drop Amid Middle East Tensions
14.4.2024
On April 13, Iran initiated a drone strike on Israel followed by reports that unmanned aerial vehicles (UAVs) were intercepted by Israeli, U.S., and other Western allied forces. Concurrently, bitcoin and the broader crypto economy experienced a significant downturn, with many analyzing...
Kiyosaki Reacts to $200 BTC Crash Prediction, Miners Offload BTC Ahead of Halving, and More — Week in Review
14.4.2024
Robert Kiyosaki expressed his stance on potentially investing more in Bitcoin if its price plummets to $200, as economist Harry Dent has forecasted. Cryptoquant data reveals that Bitcoin miners are selling off their holdings in anticipation of the network’s upcoming halving event, which...
Former Security Engineer Sentenced to Three Years for Hacking Two Decentralized Exchanges
14.4.2024
A former security engineer, who stole digital assets valued at more than $12 million from two decentralized exchanges, has received a three-year prison sentence. In what has been characterized as the “first-ever” conviction for a smart contract hack, the U.S. Judge also ordered...
Chinese Fraud Victims Seek Government Aid in Recovering 61,000 BTC Seized by UK Law Enforcement
14.4.2024
A group of Chinese victims of a $6 billion fraud scheme have requested assistance from their country’s foreign ministry in recovering 61,000 bitcoins, seized from a fraudster and her associate. The fraud victims have strongly opposed attempts to transfer the ownership of these bitcoins to the U.K....
US, UK, Germany Among Countries With Largest Government Crypto Holdings, Arkham’s Data Shows
14.4.2024
The United States, United Kingdom, and Germany rank among the top countries holding cryptocurrencies at the government level, according to data from Arkham Intelligence. The crypto analytic firm’s onchain analysis shows that the U.S. government holds 212,847 bitcoins while El Salvador...
Robert Kiyosaki Explains Why He Won’t Buy Bitcoin ETF
14.4.2024
Rich Dad Poor Dad author Robert Kiyosaki has explained why he won’t invest in a spot bitcoin exchange-traded fund (ETF). “Just as I own gold and silver coins and mines and own apartment houses, I do not own gold or silver ETFs,” he stressed. The famous author stated this week...
Grayscale CEO Sees GBTC Reaching Equilibrium, Expects Outflows to Ease
13.4.2024
Crypto asset manager Grayscale Investments believes that GBTC “has started to reach a little bit of an equilibrium,” says CEO Michael Sonnenshein, noting that some anticipated outflows from the firm’s spot bitcoin exchange-traded fund (ETF) are “largely behind...
Massive Bitcoin Market Turbulence Triggers $4,500 Crash; $167M in BTC Longs Erased in 1 Hour
13.4.2024
The price of bitcoin continued to decline over the weekend, dropping an additional 7.7% in the last 24 hours. It plummeted to a daily low of $61,384 per coin, prompting a significant wave of leveraged liquidations on Saturday. Bitcoin Value Declines Amid Market Instability; Extensive Liquidations...
Arthur Hayes Introduces New ‘Risk Radar’ for Ethena’s USDE Stablecoin
13.4.2024
Following criticism of Ethena’s USDE stablecoin, which brought back memories of the Terra blockchain’s Anchor protocol failure, Ethena backer Arthur Hayes introduced a risk tracker by intotheblock.com that monitors aspects like the token’s adherence to its U.S. dollar peg....
Severe Impact Expected for Miners With Outdated Hardware in Upcoming Bitcoin Halving
13.4.2024
Following the downturn in bitcoin’s price on Friday, the hashprice of bitcoin has declined from slightly above $119 per petahash per second to marginally over $116 per PH/s on a daily basis. Should the prices remain low leading up to the forthcoming halving event scheduled for next week...
Study Finds 70% to 80% of Secondary Market Transactions Involve Crypto and Stablecoins
13.4.2024
Around 70% to 80% of transactions in the crypto secondary market transactions occur between crypto assets and stablecoins. The South Korean government’s welcoming stance, coupled with the high popularity of crypto assets in the country, are among the reasons why the won is now the second most-used...
This AI token fuels AI crypto hype while shattering records on its 600% rally
13.4.2024
Artificial intelligence (AI) is leading the race among emerging technologies. The impact of this cutting-edge technology is so widespread that it is blending with every other existing industry and bringing unseen transformations. The crypto industry saw such rampant popularity before AI. AI crypto...
Investors rush to buy into crypto rally with three tokens before Bitcoin halving push them 300%
13.4.2024
The cryptocurrency market boasts hundreds of thousands of active crypto projects and an equal number of tokens trading. Most investors follow the thumb rule of chasing crypto tokens with large market caps to beat volatility and safeguard profits. However, brave investors understand that the sparkle...
TON Society Reveals Biometric Proof-of-Personhood Palm Scanning Program
13.4.2024
TON Society announced a proof-of-personhood program targeting Telegram users, who can voluntarily scan their palms in exchange for benefits. The organization allocated 1 million TON for this initiative, distributed among 500 million participants in the next 5 years after completing their palm...
Concerns Raised Over China’s Influence on US Bitcoin Mining Infrastructure
13.4.2024
Amidst growing concerns about national security and infrastructure vulnerabilities, China's role in the cryptocurrency sphere has become a focal point of discussion.
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