In a notable regulatory pivot, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has rescinded sanctions targeting Tornado Cash, an Ethereum-powered service for algorithmic mixing of digital assets, reigniting discourse about its operational integrity. Even as legal barriers dissolve, industry observers and digital defense professionals urge extreme caution against using the platform. Experts […]
Bitcoin ETFs continued their positive streak with a $166 million inflow on, marking five consecutive days of gains, largely driven by Blackrock’s IBIT. Conversely, Ether ETFs faced a $12 million outflow, extending their decline to 12 consecutive days. Bitcoin ETFs Attract $166 Million As Ether ETFs Reach 12th Day of Outflows In a remarkable show […]
The bank’s analysis also cut the 2025 ether ( ETH) price target by 60% to $4,000, down from $10,000 previously. Standard Chartered: Base Diverts $50B from Ethereum At first glance, it would appear that the success of Base, the top Ethereum layer-two (L2) network by total value locked (TVL) would benefit the Ethereum ecosystem, but […]
Bitcoin ETFs experienced a fourth consecutive day of inflows, adding $12 million, with Bitwise’s BITB leading the gains. In contrast, ether ETFs recorded their 11th straight day of outflows, losing $12 million, predominantly from Blackrock’s ETHA. Bitcoin ETFs Attract $12 Million Inflows As Ether ETFs See Continued Withdrawals Midweek trading action continued to produce mixed […]
Bitcoin ETFs continued their positive momentum on March 18, with a $209 million inflow, primarily driven by Blackrock’s IBIT. In contrast, Ether ETFs faced a $53 million outflow, marking the tenth consecutive day of withdrawals. Bitcoin ETFs Secure $209M Inflows Amid Ongoing Ether ETF Outflows The positive inflows for bitcoin exchange-traded funds (ETFs) continued on […]
Bitcoin ETFs experienced a significant inflow of $275 million, signaling a gradual recovery, while ether ETFs continued their outflow trend with a $7 million withdrawal, marking the 9th consecutive day of declines. Bitcoin ETFs Bounce Back with Key Inflow as Ether ETFs Persist in Outflow Streak After an over two weeks of persistent outflows, bitcoin […]
Digital asset investment products have faced a historic stretch of outflows, totaling $6.4 billion over the past five weeks. Bitcoin and ether bore the brunt, while XRP stood out with continued inflows. Bitcoin Funds Hit Hard as Historic Outflow Streak Reaches 17 Days Crypto investment products recorded its worst outflow streak on record with digital […]
On Sunday, the global cryptocurrency market experienced a 2.02% decline, settling at $2.69 trillion as bitcoin, ether, and several leading digital assets posted losses. Bitcoin dipped below the $83,000 threshold, reaching an intraday low of $82,397 per coin. Crypto Market Sees $47B in Trading, Down 34% From Previous Day Over the past 24 hours, global […]
Recent analyses confirm that onchain transactions for both Bitcoin and Ethereum have sustained minimal fee structures. Data reveals the Ethereum network’s transaction costs have hovered below 1 gwei, while Bitcoin’s protocol activity has experienced a marginal uptick in volume. Low-Cost Blockchain Activity On March 15, 2025, prioritizing speed for ether transactions carries a modest cost […]
Bitcoin ETFs experienced a net outflow of $938.8 million, marking the fifth consecutive week of the outflow trend. Similarly, ether ETFs also faced a net outflow of $178.43 million, extending their outflow streak to three weeks. Bitcoin ETFs Witness $939 Million Outflow As Ether ETFs Lose $178 Million During the week of March 10 to […]