Significant trading activity has already been produced since spot Ethereum ETFs first debuted on the U.S. stock market Tuesday morning. The exchange-traded funds amassed millions in total trading volume in less than an hour. At roughly 10:45 a.m. EST, or 75 minutes after the open, the funds reached $300 million
With CITI’s “buy” recommendation for Coinbase shares, the prominent cryptocurrency exchange has attracted a lot of interest from investors. The timing of this event, just before the exchange’s expected Q2 results report in early August, has sparked speculation as to why the market is so bullish. Coinbase’s rating has been
There is now over $1 million in the Republic Note dividend pool. As a reminder, the Note dividend pool increases when Republic is able to sell qualifying investments it has made for cash and allocates a portion of the proceeds to an interest-bearing account that is specifically designated for the Note. Note
ExSat is thrilled to announce a strategic alliance with HashKey Cloud, a Hong Kong-based Web3 infrastructure service provider that is recognized as a worldwide leader. As one of the first groups of validators on the mainnet upon launch, HashKey Cloud is set to join the testnet as a Data Validator.
On July 23, Mt. Gox started transferring funds again, this time sending over $3.2 billion worth of 47,500 Bitcoin to two anonymous addresses. Arkham Intelligence claims that Mt. Gox has 90,344 Bitcoins (BTC) valued at $6.02 billion; however, this information is out of date; the actual value of Mt. Gox’s
Decentralized AI startups are raising significant amounts of cash, creating some interesting new tools, products and networks, and they’re even making AI systems more intelligent. What’s more, all of this is being done for the greater good, to try and weaken the grip of the biggest technology companies on one
Monday saw the biggest net inflow of $526.7 million for BlackRock’s IBIT, the biggest spot bitcoin exchange-traded fund by net asset value, since March 13. Net inflows of $533.57 million were recorded by ten U.S spot bitcoin ETFs yesterday, with the exception of Bitwise’s BITB, as reported by SoSoValue. Following
Ending the eight month, the Securities and Exchange Commission (SEC) flashed the greenlight to the entry of spot Ethereum Exchange Traded Funds (ETF’s) in the U.S. This approval of ETH ETFs began trading in the market today. The investors were highly anticipating the new crypto asset to invest in. ETH
The global crypto market displayed a slight dip today. Despite the U.S. SEC’s final approval for Spot Ether exchange-traded funds to commence trading on July 23, the anticipated market boost did not materialize during the Asian trading hours. Instead, Bitcoin (BTC) saw a 1.84% decline, while Ethereum (ETH) dropped by
Bitcoin bulls have had a tumultuous week, breaking the $65,000 resistance after nearly a month and reaching a 41-day high of $68,474 yesterday. This peak came just hours before US regulators approved spot Ethereum exchange-traded funds, a move expected to impact the market positively. However, Bitcoin has declined 1.46% in
