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Historic Inflows: Spot Bitcoin ETFs Attract Over $1 Billion in a Single Week


The recent US SEC-approved Bitcoin ETFs collectively netted $1.1 billion in inflows last week, according to a new report by European crypto asset manager CoinShares. Total inflows into spot Bitcoin ETF products now amount to $2.8 billion since they hit the market on January 11. Institional hoarding...

Following ERC-404, Here Comes DN404 + More NFT News


Top NFT news today, February 13, 2024: Following ERC-404, a new divisible NFT format called DN404 has launched, Magin Eden has announced its Ethereum marketplace launch, and Deadfellaz launched 10,000 Bitcoin Ordinals. NFT Market Data The non-fungible token (NFT) sales volume currently stands...

Bitcoin hits $50,000 for the first time in over two years


Bitcoin, the biggest crypto in the world, has finally hit the 50,000-dollar mark. The crypto reached this benchmark for the first time in over two years. In the past year, Bitcoin has achieved a whopping 129.19% surge based on CoinMarketCap data. In the past month, the crypto has surged 16.42%,...

Michael Saylor Says There’s a Decade of Pent up Demand for Bitcoin ETFs


MicroStrategy executive chairman and co-founder Michael Saylor, said there is over a decade of pent-up demand for Bitcoin exchange-traded funds, in an interview with CNBC. “There’s 10 years of pent-up demand people been waiting for these ETFs and finally, mainstream investors are able...

Bank of Russia Detected Over 5,700 Pyramid Schemes in 2023


The Bank of Russia reported that the number of pyramid schemes and illegal lending providers in Russia rose to over 5,700 in 2023, an increase of 15.5% over the number detected in 2022. Specifically, the number of pyramid schemes detected increased by 46%, relying on the Internet and cryptocurrency...

Argentina Tops Latin America in Stablecoin Purchases and Holdings: Report


Argentina, a nation grappling with a severe economic crisis and a plunging peso, has emerged as the leading purchaser and holder of stablecoins in Latin America over the past six months, as per a report by Mexican-founded crypto exchange Bitso. Bitso’s recently published ‘Crypto...

Two Russian Crypto Mining Centers Shut Down, 400+ Rigs Taken Offline


Russian crypto mining efforts suffered a setback last week, with police closing two large, illegal data centers. In total, officers said they took over 400 crypto mining rigs offline in raids in Siberia and the republic of Dagestan. Russian Crypto Mining Still in Regulatory ‘Grey Zone’...

Over $11 Million in Liquidity Drained From SafeMoon by Unknown Individual


An unknown individual drained over $11 million in liquidity from various pools associated with the controversial cryptocurrency project SafeMoon on Monday. The transaction triggered immediate speculation about a possible connection to SafeMoon’s ongoing bankruptcy proceedings. Blockchain...

78% of Institutional Traders Have No Interest In Crypto: JP Morgan


New data shows that most global institutional traders have no interest in exposing holdings to digital assets although the number of pro-crypto firms has recorded a slight growth. A recent JP Morgan 2024 survey from over 4000 financial market participants shows creeping acceptance of Bitcoin...

Mastercard Launches NFT UEFA Champions League Trivia Game + More NFT News


Top NFT news today, February 12, 2024: Mastercard launches an NFT UEFA Champions League Trivia Game, Kresus wallet joins Sotheby’s Metaverse, and ByBit partners with UniSat. NFT Market Data The non-fungible token (NFT) sales volume is down today. It has dropped 7% over the past 24 hours...

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