Bitcoin ETFs Surge with Renewed Investor Interest
Is Bitcoin exchange-traded fund (ETF) fever making a comeback? Recent financial activities suggest so. After a period marked by significant outflows, Bitcoin ETFs are experiencing a resurgence as investors enthusiastically return to these products. According to data from Farside Investors, every single fund reported positive inflows yesterday, accumulating a total of $217 million. This trend […]
Decade-Old Bitcoin Stash Moves
In a striking development within the cryptocurrency world, a dormant stash of Bitcoin (BTC), untouched for over a decade, has recently changed hands. The 687.33 BTC, valued today at approximately $43.7 million, was transferred late Sunday after lying inactive since January 2014. At the time of their last movement, Bitcoin was trading at less than […]
Solana Leads Market Gains
This Monday morning has been relatively calm in the cryptocurrency realm, with most major coins showing minimal movement in their market prices. However, Solana stands out as a significant exception, showcasing a robust rise of nearly 5% over the past day. Currently, Solana is trading at $154, culminating a weeklong increase of over 12%, according […]
SEC Targets Robinhood Crypto
Robinhood Crypto, the cryptocurrency branch of the widely-used trading app Robinhood, has found itself under scrutiny from the Securities and Exchange Commission (SEC). On Monday, the firm disclosed that it had received a Wells Notice, an indication that the SEC is considering enforcement action. This development places Robinhood Crypto alongside other major U.S. cryptocurrency platforms […]
Solana and Google Cloud Boost Blockchain Gaming
Solana Labs has teamed up with Google Cloud to enhance blockchain gaming, introducing their GameShift development platform to Google’s powerful cloud ecosystem. This strategic partnership, announced on Thursday, is set to streamline game development on Solana, promoting wider adoption of blockchain technology within the gaming industry. GameShift, designed to simplify blockchain integration, offers developers a […]
PayPal Expands Crypto Services with MoonPay
PayPal is broadening its cryptocurrency reach by partnering with MoonPay, a move set to offer PayPal’s vast user base—over 426 million customers—access to an expanded array of more than 100 digital assets. This collaboration aims to streamline the crypto transaction process and navigate the common banking challenges that users face. MoonPay highlights that traditional crypto […]
Crypto Tumbles Ahead of Fed Decision
As the next Federal Reserve meeting approaches, investor sentiment towards cryptocurrencies like Bitcoin and Ethereum has sharply declined. Current market data reveals significant losses for these major cryptocurrencies, reflecting broader concerns about potential economic shifts. Bitcoin has experienced a 7.6% drop, while Ethereum has fallen by 6% in just the past 24 hours. Bitcoin’s price […]
C.Z. Zhao Embraces Future After Sentencing
Crypto billionaire Changpeng “C.Z.” Zhao, following a four-month prison sentence in Seattle, took to Twitter to express gratitude towards his supporters and to outline his future plans, which focus significantly on education. Despite the challenging circumstances, Zhao maintains a positive outlook on his involvement in the crypto industry and his personal growth. Zhao, who had […]
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