BlackRock’s New Bitcoin ETF Secures 25K BTC Holdings – Is Institutional FOMO Underway?
BlackRock’s Bitcoin ETF launch has attracted both crypto experts and traditional investors, securing major holdings in its first week. Image by Luisa, Adobe Stock. BlackRock’s new spot Bitcoin ETF IBIT has attracted considerable interest from both retail and institutional investors since
Biggest Crypto Gainers Today on Uniswap – CBDC, TEST, TRUMP
Uniswap logo Despite a slide in the Bitcoin (BTC) price to fresh 2024 lows under $41,500 in recent trade, crypto degens hunting fast gains continue to drive explosive action in low-cap markets, with CBDC, TEST and TRUMP the biggest crypto gainers
Senators Introduce New Crypto Legislation to Combat Illicit Finance in Crypto
United States Senators Cynthia Lummis (R-WY) and Bill Hagerty (R-TN) introduced a new bill to combat illicit finance across the crypto sector on Wednesday. Disrupting bad actors Known as the Preventing Illicit Finance Through Partnership Act of 2024, the bill aims to
New Bitcoin ETFs See Record Daily Flows As Total BTC Holdings Rise to $3 Billion
Newly launched Bitcoin spot ETFs saw their highest daily flows on their fourth day of trading, absorbing $913.6 million on Wednesday. The wave of capital brings assets under management for all such funds that began trading last week up to $2.9
Gary Gensler Warns about AI’s Impact to Financial Systems, Doesn’t Touch on Cryptocurrency
Securities and Exchange Commission (SEC) Chair Gary Gensler has previously warned that artificial intelligence (AI) could lead to the next financial crisis. Gensler once again elaborated on this topic during a virtual fireside chat hosted by the non-profit advocacy organization
Bitcoin Mining Using Sustainable Energy With a Record High of 54.5% in 2023
Sustainable energy use for Bitcoin (BTC) mining reached an all-time high of 54.5% in 2023, a 3.6% increase throughout the calendar year. The analysis, conducted by The Bitcoin ESG Forecast, compared Bitcoin’s sustainable energy mix to other industries using publicly available
Shiba Inu Holders Migrating To New Crypto ICO Built For Traders To Hunt 1000% ROI Tokens
Investors are shifting their focus to Launchpad XYZ’s crypto ICO as its new token presale countdown begins. Image by Kerem Goktug Kaya, DALL-E 3. With popular meme token Shiba Inu’s price down nearly 25% over the past year, investors are moving
Tokenized Funds Skyrocketed to $800M Value in 2023, Sparked By US Treasury Tokenization: Moody’s
The growing trend of tokenizing traditional assets has caught the attention of legacy financial institutions. According to a recent report by Moody’s, a leading investment risk assessment firm, the value of tokenized funds has surged from $100 million at the beginning
Is Sei Going to Zero? SEI Price Drops 4% as New Meme Coin Prepares to List on Exchanges
SEI’s price seems to be struggling as hype builds for new meme coin Meme Kombat’s crypto presale and launch. Image by Kerem Goktug Kaya, DALL-E 3. SEI has recently attracted considerable attention after some impressive price movements. Currently ranked #45 by
Ethereum Staking Platform Kiln Raises $17 Million in Funding Round Led by 1kx
Paris-based Ethereum staking infrastructure provider Kiln has closed a $17 million funding round to expand its institutional-grade offering internationally. The funding will also support more decentralized finance (DeFi) reward models. The funding round was led by 1kx. Several prominent investors participated