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Search Results for: ETFs

Vitalik Buterin and Polygon Co-founder Dispute Verkle Trees Integration

It seems that Vitalik Buterin, co-founder of Ethereum (ETH), and Mihailo Bjelic, co-founder of Polygon (MATIC), are arguing over whether or not Verkle Trees should be available on Ethereum. Bjelic appears to be opposed to the notion. Their argument on X platform raises questions about Ethereum and its data storage

April 13, 2024 1 min read

Grayscale Bitcoin ETF GBTC Suffers Steady Bitcoin Outflows

With little sign of reducing anytime soon, Grayscale Bitcoin ETF GBTC’s Bitcoin holdings are steadily dwindling. After the fund lost more than 2,500 Bitcoin on Friday, April 12, the withdrawals from GBTC soared beyond $166 million. Farside Investors reports that since the Bitcoin ETF debuted in January of this year,

April 13, 2024 2 mins read

Donald Trump’s First Edition NFT Collection Sees 99% Trading Volume Drop

Even though Donald Trump seems to have warmed up to cryptocurrencies and bitcoin after releasing his initial set of digital trading card NFTs in late 2022, demand for the NFTs has undoubtedly waned. Trading volumes for NFTs have been rather steady in recent months, according to The Block Data Dashboard,

April 13, 2024 1 min read

Bitcoin Halving in 7 Days: What Can Traders Expect?

As the much-anticipated Bitcoin halving event draws closer, the crypto community finds itself divided on its potential impact on the market. With just seven days remaining, Bitcoin’s price has shown little movement, prompting speculation and differing opinions. Over the past month, Bitcoin has experienced a modest 3% decline in value,

April 12, 2024 2 mins read

Binance App Surges Ahead with Over 6.3 Million Downloads in 2024 So Far

As the second quarter of 2024 approaches, cryptocurrency is continuing to gain significant traction, as shown by the industry’s major measures, which are all comfortably in the green. The measures that indicate strong adoption and usage trends are the most significant among them. Growing inflows into Binance earlier this month have helped

April 12, 2024 3 mins read

Grayscale CEO Sees Equilibrium as Anticipated GBTC Outflows Subside

According to the most recent edition of Reuter’s Inside ETFs, the remarks made by Grayscale CEO Michael Sonnenshein about Bitcoin ETFs seem to have sent shockwaves across the cryptocurrency market throughout the world. On April 10, investor interest was piqued by Michael Sonnenshein’s statement that Grayscale Bitcoin Trust (GBTC) outflows

April 11, 2024 1 min read

Retail Interest in Crypto Wanes Ahead of Impending BTC Halving

Retail investors are not yet “believing the hype,” according to Joe Vezzani, CEO of LunarCrush, a social media analytic platform, even if the values of Bitcoin and other digital assets are soaring. According to Vezzani, there has been a marked decline in social interactions and general retail interest, as compared

April 11, 2024 2 mins read

Coinbase Now Offers UK Customers to Buy Crypto Via Apple Pay

Crypto exchange Coinbase has announced that customers in the United Kingdom may now use Apple Pay on their iPhones to purchase Bitcoin, Ethereum, and other cryptocurrencies. The goal of this change is to make online shopping more private and safer. Coinbase states that the integration of Apple Pay guarantees that

April 10, 2024 2 mins read

Toncoin (TON) Overtakes Cardano (ADA) to Claim 9th Spot in Market Cap

On April 9, Toncoin (TON) overtook Cardano’s ADA token in market valuation, moving up to the position of ninth biggest cryptocurrency as per data from CoinMarketCap. TON surpassed ADA’s $22 billion market size, reaching $23 billion, amidst a strong ongoing rally.. The surge takes place only one day after the

April 10, 2024 1 min read

BlackRock Adds Wall Street Giants to Spot Bitcoin ETF Prospectus

On April 5, prominent global asset manager BlackRock added five major Wall Street companies as additional permitted participants to its Bitcoin exchange-traded fund (ETF) prospectus. An amendment to BlackRock’s S-1 registration statement with the U.S SEC states that new members include ABN AMRO Clearing, Citadel Securities, Citigroup Global Markets, Goldman

April 6, 2024 1 min read