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US Bitcoin ETFs Report $31.16M Inflows on Thursday

US Bitcoin ETFs Report .16M Inflows on ThursdayBased on Thursday’s data, the 11 U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day of net inflows following Wednesday’s increases. Statistics indicate that $31.16 million was absorbed primarily by Blackrock’s IBIT, although the amount would have been higher if not for the reduction seen by Grayscale’s GBTC. Bitcoin ETF Market Prints $59B Total Value […]

Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts

Bitcoin Peaks at $67,991 Ahead of Trump’s Bitcoin Conference Appearance

Bitcoin Peaks at ,991 Ahead of Trump’s Bitcoin Conference AppearanceBefore former President Donald Trump’s appearance at the Bitcoin 2024 conference in Nashville, the price of bitcoin (BTC) climbed to an intraday peak of $67,991 per unit. This increase led to the liquidation of approximately $55.21 million in bitcoin short positions, out of a total of $79.10 million in short bets across the crypto economy […]

Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts

US Ethereum ETFs See Continued Outflows Led by Grayscale’s ETHE

US Ethereum ETFs See Continued Outflows Led by Grayscale’s ETHEOn Thursday, U.S. spot ethereum exchange-traded funds (ETFs) experienced another day of net outflows following Grayscale’s Ethereum Trust (ETHE) outpacing gains observed by other funds. According to sosovalue.xyz, the nine ETFs saw $152.3 million exit during Thursday’s trading sessions. Grayscale ETHE’s Third Day of Outflows Contributes to $178M Negative Net Inflow Grayscale’s ETHE marked its […]

Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts

Coinbase and Glassnode Report Highlights a Stabilizing Crypto Market 

Coinbase and Glassnode Report Highlights a Stabilizing Crypto Market A recent joint report by Coinbase Institutional and the onchain analytics firm Glassnode reveals a maturing and stabilizing cryptocurrency market despite recent price corrections. The analysis highlights robust trading volumes, increasing onchain activity, and significant progress in regulatory frameworks. Crypto Market Matures Amid Price Corrections: Coinbase and Glassnode Report The study shows the third quarter […]

Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts

US Department of State Highlights Bitcoin’s Significance for Tourism in El Salvador

US Department of State Highlights Bitcoin’s Significance for Tourism in El SalvadorThe U.S. Department of State has highlighted the relevance of recognizing bitcoin as a legal tender for the rebirth of tourism in El Salvador. In a recently released investment climate report, the department states that this factor has given significant publicity to El Salvador, contributing to its popularity as a tourist destination. U.S. Department of […]

Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts

Lightning Labs Rolls out Taproot Assets Seeking to Bring Stablecoins to Lightning Network

Lightning Labs Rolls out Taproot Assets Seeking to Bring Stablecoins to Lightning NetworkLightning Labs, an institution dedicated to research and development related to the Lightning Network, Bitcoin’s second layer, has announced the rollout of Taproot Assets. This solution allows for issuing multiple tokens on top of it. The institution aims to capitalize on the popularity and volume of stablecoins to establish bitcoin as the global routing currency. […]

Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts

Georgia Man Sentenced to Prison for Cryptocurrency Computer Fraud

Georgia Man Sentenced to Prison for Cryptocurrency Computer FraudSteven Drawdy, 40, of Grovetown, Georgia, has been sentenced to 32 months in U.S. prison for wire fraud after defrauding over 40 customers in a cryptocurrency computer scheme. Drawdy, who participated in an online cryptocurrency discussion forum, received more than $1.1 million from victims between August 2021 and April 2022, promising to deliver cryptocurrency mining […]

Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts

Washington Regulator Warns of Miami Equity Fund 005 Crypto Fraud

Washington Regulator Warns of Miami Equity Fund 005 Crypto FraudThe Washington State Department of Financial Institutions (DFI), Securities Division, has warned about crypto investment fraud following a complaint from a resident regarding their investment in the Miami Foundation Equity Fund 005 (or Miami Equity Fund Institute 005). The investor had deposited funds on the now-inaccessible Vims.one platform through a Whatsapp group led by “Mark” […]

Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts

Digital Shekel Challenge: Bank of Israel Engages 14 Teams for Digital Currency Innovation

Digital Shekel Challenge: Bank of Israel Engages 14 Teams for Digital Currency InnovationThe Bank of Israel has initiated the “Digital Shekel Challenge” to explore the potential of a central bank digital currency (CBDC) system inspired by the BIS Innovation Hub’s “Project Rosalind.” Fourteen teams from various sectors have been selected to propose innovative use cases. The challenge aims to integrate digital shekel with other payment systems and […]

Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts

SBI and Franklin Templeton Collaborate to Create Digital Asset Management Firm

SBI and Franklin Templeton Collaborate to Create Digital Asset Management FirmJapan’s SBI Holdings plans to create a new investment management company in collaboration with major U.S. asset manager Franklin Templeton by the end of the year. This joint venture will focus on managing digital assets. The new entity will be 51% owned by SBI Holdings and 49% by Franklin Templeton. This move aligns with the […]

Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts