The three-day losing skid for U.S. spot bitcoin exchange-traded funds continued on Thursday with net outflows of $71.73 million. Data from SosoValue shows that BlackRock’s IBIT, the biggest spot bitcoin ETF by net assets, had net outflows of $13.51 million, marking its first negative flows since May 1, and second
August 30, 2024 2 mins read
NFL Rivals, the officially licensed video game of the National Football League and NFL Players Association, announced today a collaboration with the Kansas City Chiefs, the Super Bowl LVIII champions, to make NFL Rivals the “Official Mobile Game of the Chiefs” for the 2024 NFL Season. With the partnership, NFL
August 28, 2024 1 min read
A campaign to Learn & Earn will be hosted on the Galxe platform by Ether.fi and the SSV Network DAO, as per the announcement. The initiative aims to educate the community about the importance of decentralizing Ethereum’s base layer and the potential of Distributed Validator Technology (DVT) for restaking. Through
August 27, 2024 1 min read
In its first four months of launch, Bitcoin Runes—a protocol for non-fungible tokens—processed 15.6 million transactions, resulting in fees of $162.4 million. In the first two months, Runes accounted for the bulk of transactions, with Dune Analytics reporting daily totals reaching 300,000. With almost a million transactions in minting, etching,
August 26, 2024 1 min read
Following the arrest of Pavel Durov, CEO of the encrypted messaging service Telegram, the creator and chief executive officer of Rumble, a competitor to YouTube that claims to be “immune to cancel culture,” said that he had “departed” from Europe. I just returned from Europe safely, on August 25, the
August 26, 2024 2 mins read
In its first TON ecosystem report, Bybit—the second-biggest cryptocurrency exchange globally based on trading volume—updated readers on The Open Network’s progress toward bringing almost one billion Telegram users into the Web3 realm. The report emphasizes how TON’s mass-market strategy for ecosystem growth is making positive strides. Specifically, it illustrates how TON’s close partnership
August 23, 2024 3 mins read
Presale by Memecoin ecosystem WOMIO for its $WOMIO token is now live. The WOMIO platform facilitates simplification of multichain memecoin launches while enabling novel use cases that will propel the sector forward. Yesterday, on August 21 at 19:00 (CET), WOMIO commenced its ongoing token presale, providing the community with a chance to
August 22, 2024 2 mins read
On its Spot trading platform, Bybit—the second-largest cryptocurrency exchange globally based on trading volume—is listing the much awaited $DOGS token. At 12:00 UTC on August 26, 2024, the listing will go live. Bybit’s commitment to provide the newest and most interesting tokens to its worldwide trading community is reflected in this
August 21, 2024 2 mins read
The rapid increase in Bitcoin short positions met with a resounding rejection of Sunday’s effort by the price of Bitcoin to break out over $60,000 levels. Bitcoin shorts were active across many exchanges as soon as the price rose above $60,000. 24-hour short volumes surged 118% to over $18.30 billion.
August 19, 2024 1 min read
The results of TeraWulf’s second quarter, which were announced in August, were not entirely satisfactory. Revenue was up somewhat from the projected statistics. Even though the company’s Bitcoin production was down from the same time in 2023. In comparison to the same time last year, TeraWulf’s mining output decreased by
August 19, 2024 1 min read