Crypto News
Institutional investors are pulling out of Ethereum ETFs
Institutional demand for Ethereum is diminishing, as spot Ethereum ETFs are witnessing considerable outflows, notwithstanding the recent price rebound following the Federal…
Author
Teererai Mukonavanhu
Crypto News
Bitcoin ETFs inflow hits $150 million amid price rebound
The price of Bitcoin fell to a daily low of around $62,580 after temporarily attaining $64,000 earlier this month. The present price…
Crypto News
Coinbase is launching its wrapped Bitcoin product
Coinbase intends to launch its wrapped Bitcoin product, cbBTC, on the Solana blockchain to enhance Bitcoin accessibility for customers. The declaration was…
Crypto News
Donald Trump becomes the first US president to use Bitcoin for a purchase
Former US President Donald Trump has executed the inaugural acquisition of burgers utilizing Bitcoin, signifying a notable change in his perspective on…
Market News
Revolut is advancing plans to launch its own stablecoin
Revolut, a prominent fintech firm headquartered in London, is allegedly developing its own stablecoin. The company, having just acquired a U.K. banking…
Crypto News
Blockchain investigator ZachXBT accuses USDC issuer Circle of ‘profiting’ North Korea hackers’ group
Blockchain investigator ZachXBT has accused USDC issuer Circle of benefiting from transactions tied to the North Korean hacking group Lazarus. The claims…
News
NFT market sales decline to $74.86M
The NFT market saw a 7.91% drop in sales last week, with Ethereum leading the way with $27.25 million. Bitcoin followed with…
Crypto News
Bitcoin ETFs see $1.2 billion outflow in just eight days as Bitcoin’s price drops over 18%
Bitcoin ETFs in the US have undergone a notable decrease, with net outflows amounting to $1.2 billion in the last eight days.…
Crypto News
Bitcoin (BTC) long-term investors withdraw $728 million from crypto exchanges
The recent decline in Bitcoin’s price has raised apprehension among short-term traders, whilst long-term holders are capitalizing on the dip. On-chain data…
Crypto News
Solana (SOL) loses 12% of its value in the last seven days
Crypto Kaleo, a prominent crypto expert, forecasts that Solana (SOL) may experience a further decline to $120. This decline could perhaps serve…
Crypto News
21Shares’ parent company unveils Ethereum-based wrapped Bitcoin
21.co, the parent firm of 21Shares, has launched its Wrapped Bitcoin product (21BTC) on the Ethereum blockchain in collaboration with Flow Traders.…
Market News
The SEC has issued a warning about FTX’s plans to use stablecoins and other crypto assets
The US Securities and Exchange Commission (SEC) has warned FTX exchange about its strategy for repaying creditors, suggesting a possible objection to…