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US Bitcoin ETF Inflows Reach $21.52M as FBTC and GBTC Lead Gains


U.S. spot bitcoin exchange-traded funds witnessed a second day of inflows as they captured $21.52 million on Thursday. The leader in terms of gains was Fidelity’s FBTC led the pack with a $19 million increase. Modest Inflows for Bitcoin ETFs on Thursday With Fidelity’s FBTC Leading...

Memecoin mayhem: Why Dogecoin and Shiba Inu are taking a tumble?


Despite the recent market downturn, the memecoin market showed signs of recovery, with Dogecoin and Shiba Inu notable for their steep declines. The recent price downturn has sparked concerns about the volatility of the cryptocurrency market, resulting in a gloomy situation for the market. ...

Kaspa soars 13% after Marathon Digital announces mining support


KAS, the native cryptocurrency of the Kaspa blockchain that operates on a proof-of-work model, has experienced an extraordinary 13% increase in the past 24 hours since Marathon Digital, a major Bitcoin mining company, announced that it has begun mining this altcoin.  KAS recently traded at $0.1792...

Vaneck Seeks SEC Approval for Solana-Based ETF


In a significant expansion of its cryptocurrency offerings, Vaneck has announced the filing of the first U.S. exchange-traded fund (ETF) focused on Solana. This move marks a strategic enhancement of Vaneck’s digital asset products, according to Matthew Sigel, head of digital asset research....

Polymarket rules out Barron Trump’s role in Donald Trump-themed token


Polymarket raised doubts about the outcome of the UMA voting, and they will announce an effective solution soon. According to UMA, a decentralized truth machine used by Polymarket, Barron Trump is not involved in the Solana-focused DJT token. The team at Polymarket, the cryptocurrency-based betting...

Coinbase Sues SEC, FDIC for Transparency on Crypto Regulations


Coinbase has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) and Federal Deposit Insurance Corporation (FDIC) to obtain documents on their approaches to cryptocurrency regulation. Coinbase’s chief legal officer highlighted the lack of clear guidelines from the...

NodeKit Partners with Polygon for enhanced Blockchain interoperability


An exclusive association has been formed between NodeKit and Polygon, which will improve the flexibility factor throughout multiple Blockchain networks. This will result in an uninterrupted and incorporated Web3 scenario. Here, the name of the game is interoperability.  NodeKit plays an integral...

State Street Global Advisors link up with Galaxy Asset Management


State Street Global Advisors forms an association with Galaxy Asset Management for providing investors new age online asset oriented exposure, other than just crypto and bitcoin. They will be introduced to fresh ways of making investments in online assets. They will have at their disposal...

Despite Fee Reduction, Bitcoin Network Faces Stubborn Transaction Backlog


Bitcoin transaction fees have stayed below $7 since Jun. 9, 2024, and have fallen under $3 in the last five days. Even with this decrease in fees, over 200,000 unconfirmed transactions have persisted in the backlog, as the queue has not come close to clearing since October 2023. Bitcoin’s...

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