In the last week, digital asset investment products saw inflows of $441 million, according to a new report from CoinShares. The report from July 8th also mentioned a $398 million influx into Bitcoin investment products. Investors’ purchasing sprees were likely caused by the lower Bitcoin prices, activity from Mt. Gox,
July 8, 2024 1 min read
A 250 million EOS staking rewards program has been introduced by EOS Network today, July 8, as a part of their revised tokenomics strategy. As per the updated staking rewards schedule, a daily distribution of 85.6K EOS is given to Stakers. Early stakers in the revised EOS staking program may earn an initial
July 8, 2024 1 min read
In the last day, Ripple’s XRP has seen substantial whale activity. As Ripple and the US SEC near the end of their legal fight, these movements have occurred at a crucial juncture. It also leads the community to believe that the XRP whales will be active again. A whale reportedly
July 8, 2024 1 min read
Inflows into spot Bitcoin ETFs have rebounded sharply following the July 4 holiday, reversing the outflows seen earlier in the week. This recovery coincides with the Bitcoin price drop below $54,000 on Independence Day. The recent inflows into spot Bitcoin ETFs despite the panic selling in the market show that
July 6, 2024 1 min read
In light of evaluations conducted in the second quarter of 2024, crypto asset manager Grayscale Investments has revealed revised component weightings of crypto assets within its primary funds. Grayscale Smart Contract Platform Ex-Ethereum Fund (GSCPxE Fund), Grayscale Digital Large Cap Fund (GDLC), and Grayscale DeFi Fund (DEFG) are the primary
July 6, 2024 1 min read
ChromaWay, a blockchain technology firm, has announced that it has become a part of the Amazon Web Services (AWS) Partner Network. Through the cooperation, ChromaWay is able to include services hosted on Chromia’s public platform among the solutions available on the AWS Marketplace. AWS is a well-known pioneer in cloud
July 5, 2024 1 min read
The Bitcoin mining firm CleanSpark achieved a 6.7 percent rise in Bitcoin output in June, surpassing its mid-year hashrate objective of 20 EH/s. The U.S miner had 6,591 Bitcoins (BTC) as of June 30th, which is more than $4 billion at current pricing. It only sold 8 of the 445
July 3, 2024 2 mins read
Joining the more than 700 worker nodes operated by both corporate and private organizations, Deutsche Telekom MMS has begun operating dedicated worker nodes as part of Subsquid’s decentralized data lake. An essential component of the Subsquid network is the worker nodes. They pay attention to queries and promptly provide the
July 3, 2024 2 mins read
According to a Monday report by crypto firm CoinShares, professional investors pulled out more than $120 million from exchange-traded instruments that tracked ether (ETH) over the previous two weeks. Over the last two weeks, the products have had net outflows of $60 million each week. Which is the highest level
July 2, 2024 1 min read
Monday was the fifth day in a row that the eleven U.S. spot bitcoin exchange-traded funds have reported positive flows, with a total of $129.45 million. Additionally, the net inflows on Monday were the highest for the ETFs since June 7. According to statistics from SosoValue, yesterday’s inflows were $65
July 2, 2024 2 mins read