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US Spot Bitcoin ETFs Maintain Momentum With Sixth Day of Positive Gains
21.5.2024
According to the latest data, U.S. spot bitcoin exchange-traded funds (ETFs) have experienced positive inflows for six consecutive days. Over this period, the spot bitcoin ETFs attracted a total of $1.186 billion. Ark Invest’s ARKB Tops Inflows as U.S. Bitcoin ETFs Gain $237 Million Spot...
Crypto Sleuth Ogle Proposes Security-Centric 'Glue' Blockchain
21.5.2024
The upcoming layer-1 takes a hands-on approach to ensuring project security
Top Defi Tokens See Double-Digit Gains as Ethereum Soars
21.5.2024
Amid ethereum’s value increase, the decentralized finance (defi) ecosystem has significantly benefited from ether’s double-digit growth. Leading defi tokens by market capitalization rose by 14.8% over the past day, and the total value locked (TVL) in defi exceeded $100 billion in...
Solana-Based Wallet Phantom Buys Web3 Specialist Bitski
21.5.2024
The financial terms of the deal were not disclosed
Web3 Marketing Startup Spindl Launches On-Chain Ad Network
21.5.2024
Crypto wallet activity is a better way to find sales prospects than "weird, sketchy Web2 data," says Spindl CEO (and Facebook vet) Antonio Garcia Martinez
Fidelity Omits Staking From Spot Ethereum ETF Proposal
21.5.2024
Amid growing speculation about the potential approval of spot ethereum exchange-traded funds (ETFs), Fidelity Investments has revised its ether ETF filing, omitting all staking features previously included in the proposal. This update follows reports that ETF issuers were allegedly instructed...
Fidelity Drops Staking Plans in Updated Ether ETF Filing
21.5.2024
Annualized yields on ether staking are nearly 3% as of Tuesday, data from popular staking service Lido shows
Hex Trust Issues First Native Stablecoin on Layer-1 Blockchain Flare
21.5.2024
Hex Trust Group has issued USDX, the first native stablecoin on layer-1 blockchain Flare, according to a press release
Indian Finance Minister: Crypto Regulation Needs Global Consensus
20.5.2024
Indian Finance Minister Nirmala Sitharaman advocates for global consensus on cryptocurrency regulation, highlighting the need for international cooperation, particularly within the G20. She noted that while Indian regulators have differing opinions regarding how to treat crypto, there is currently...
Gaming Token Gala Drops Amid Suspect $200M Transfer
20.5.2024
62 Crypto Projects Raise $474M in 20 Days, Led by Sophon and Securitize
20.5.2024
According to the latest data, 62 blockchain or cryptocurrency projects have collectively raised $474 million over the past 20 days of May. Leading the charge, the entertainment-focused blockchain project Sophon garnered $60 million in a node sale, with Securitize following closely, raising...
Grayscale CEO Michael Sonnenshein Steps Down, Goldman Sachs Exec to Lead Firm
20.5.2024
Grayscale CEO Michael Sonnenshein is stepping down from having joined the team in 2014 and serving as CEO since 2021, Sonnenshein will be replaced by former Goldman Sachs executive Peter Mintzberg.
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Grayscale CEO Michael Sonnenshein Steps Down
20.5.2024
Sonnenshein's replacement will be Peter Mintzberg, currently head of strategy for asset and wealth manager at Goldman Sachs
BounceBit Pledges To Democratize Bitcoin Investing With Binance-Backed Roadmap
20.5.2024
BounceBit, a new Bitcoin restaking startup, has announced a detailed roadmap for 2024 aimed at democratizing high-yield Bitcoin investing by merging centralized and decentralized finance (CeDeFi).
The post BounceBit Pledges To Democratize Bitcoin Investing With Binance-Backed Roadmap appeared...
Bitcoin ETFs are 'orange FOMO poker chips' that siphon on-chain funds back into TradFi
20.5.2024
Bitcoin’s goal of creating a decentralized financial system may be challenged by ETFs “dragging money back into the TradFi world,” according to the macro researcher
How much a $100 early investment in Dogecoin (DOGE) and RCO Finance (RCOF) could yield
19.5.2024
Have you ever wondered what investing $100 in cryptocurrency could yield? With digital currencies now an investment option for more people, the market has continued to attract several players. In particular, Dogecoin (DOGE) and RCO Finance (RCOF) have been making headlines recently, with their...
UK Shuts Down Crypto Advisory Firm for Misleading Investors and Poor Financial Records
19.5.2024
The UK government announced this week that the Insolvency Service has secured a winding-up order against cryptocurrency advisory firm Amey Finance Academy Ltd at the High Court. The company, created by Desmond Amey in 2018, claimed to offer investment advice and financial education. However...
Makerdao Reveals Ambitious Endgame Plans With 2 New Stablecoins
19.5.2024
Makerdao, a leading decentralized finance (defi) protocol, has revealed new concepts to its Endgame plan, introducing two new stablecoins: newstable and puredai. This strategic initiative aims to replace the existing DAI stablecoin and bolster the Makerdao ecosystem. Maker’s Endgame Plan...
Blackrock Bitcoin ETF Attracts 414 Institutional Holders — Analyst Says IBIT ‘Blows Away Record’
18.5.2024
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has amassed 414 insitutional holders in less than three months, according to filings with the U.S. Securities and Exchange Commission (SEC). A senior Bloomberg analyst described this achievement...
Value Locked in Defi Nears $100B Range Again After $11.89B Increase in 35 Days
18.5.2024
Over the past 35 days, the total value locked in decentralized finance (defi) protocols has expanded by $11.89 billion, recovering from a low of just over $83 billion on April 13. Although it has not yet reached the $100 billion mark, the value locked in defi is approaching that milestone after...