Author: Anshul

Spot Bitcoin and Ether ETFs Attract Strong Inflows

On Wednesday, Dec. 11, the 12 U.S. spot Bitcoin ETFs collectively attracted a significant $223.03 million in inflows during the trading session. Leading the inflows was Fidelity’s FBTC, which brought in an impressive $121.90 million, underscoring strong investor confidence in the product. Trailing Fidelity, Ark Invest and 21Shares’ ARKB fund added $52.67 million, while Grayscale’s […]

MicroStrategy Eyes Nasdaq 100 Inclusion

MicroStrategy (MSTR), known for its aggressive Bitcoin acquisition strategy, is set to potentially join the Nasdaq 100 index on December 23, with the official announcement expected on December 13. Bloomberg ETF analyst Eric Balchunas shared the development in a December 11 post on X, highlighting MicroStrategy’s anticipated move and its broader implications. According to Balchunas, […]

Magic Eden’s ME Token Faces Rocky Start

Magic Eden’s freshly launched ME token saw a turbulent debut, plummeting 67% from its post-launch high as users aired frustrations over a buggy mobile app and a convoluted claiming process. The NFT platform’s native token debuted on Dec. 10 at $6.70, briefly rallying to $13.10 before crashing to a low of $4.30, according to DexScreener […]

Michael Saylor Urges U.S. to Sell Gold, Buy Bitcoin

MicroStrategy executive chairman Michael Saylor is once again stirring the pot, urging the U.S. government to sell its gold reserves and buy Bitcoin to strengthen the nation’s economic dominance. In a bold interview with Yahoo Finance, Saylor proposed that America could swap its 8,133 tons of gold—valued in the hundreds of billions—for 5 million Bitcoin, […]

Wall Street Bitcoin ETF Frenzy Hits $3.85B in Record Inflows

Institutional investors are fueling unprecedented demand for spot Bitcoin and Ethereum ETFs, pushing total inflows to a record-breaking $3.85 billion last week, according to a report from CoinShares on Monday. BlackRock Dominates the Market Leading the charge is BlackRock’s iShares ETFs, which contributed $3.2 billion of last week’s inflows, bringing BlackRock’s total crypto assets under […]

Coinbase Responds to Account Restrictions Amid Fraud Spike

Over the weekend, Coinbase customers took to X (formerly Twitter) to report unexpected account restrictions and delayed support responses. The exchange’s official support handle, @CoinbaseSupport, acknowledged the complaints, attributing the disruptions to a surge in fraudulent activity. “Please bear with us and don’t believe everything you see on Twitter,” Coinbase Support wrote in a thread. […]

DeFi Hacks Are Now a ‘Full-Time Job’ for Attackers

Hacking decentralized finance (DeFi) protocols has become a “full-time job” for professional attackers, according to Mitchell Amador, founder of blockchain security firm ImmuneFi. Speaking to Decrypt at Web Summit 2024, Amador described DeFi hacking as “an infinitely sustainable and viable business,” even as the broader crypto industry becomes safer. Crypto Security Is Improving While DeFi […]

Bitcoin Rebounds Above $100K After Sharp Pullback

Bitcoin has experienced a rollercoaster week, briefly smashing the $100,000 milestone late Wednesday before plummeting below $93,000 on Thursday amid massive market liquidations. Now, Bitcoin is clawing its way back, rising above the six-figure mark again early Friday afternoon. As of 12:45 PM ET, Bitcoin climbed to $101,878 before cooling to $101,233, effectively trading flat […]