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Search Results for: Cryptocurrency

Bitcoin ETFs Dominate Market with $35B: What’s Next for BTC?

In a remarkable feat since their launch in January, nine out of the 10 new spot Bitcoin exchange-traded funds (ETFs) have collectively amassed over 500,000 BTC, now constituting 2.54% of the current circulating supply. This milestone, achieved within a mere 54 trading days, underscores the growing significance of ETFs in

March 30, 2024 2 mins read

Analyst Gives 3 Reasons Why Everyone Is Obsessed with Polygon’s (MATIC) New Rival

In the ever-evolving landscape of cryptocurrencies, competition among blockchain projects is fierce, with each vying for dominance and recognition. Polygon (MATIC), long hailed for its scalability solutions, now finds itself facing a formidable new challenger in Retik Finance (RETIK).  As investors and enthusiasts alike shift their focus to this emerging

March 30, 2024 4 mins read

Grayscale Launches Proof-of-Stake Investment Fund for Wealthy Individuals

In a post on X (previously Twitter) on Friday, Grayscale announced the establishment of a “dynamic income fund” that would invest in proof-of-stake tokens. The fund, which goes by the ticker symbol GDIF, is reserved for authorized investors who have a net worth of $2.2 million or more, according to

March 30, 2024 2 mins read

Coinbase Receives $1.4 Billion USDC Influx, Fueling Bullish Sentiment

Crypto exchange Coinbase has received USDC worth $1.4 billion, thanks to the current upswing in the crypto market. The on-chain crypto analytics company CryptoQuant reports that Coinbase had the largest influx of USDC stablecoin assets, valued at $1.4 billion. The specifics of the transfers are still murky, but market experts

March 29, 2024 2 mins read

Billions in Bitcoin Flow Out of Exchanges as ETFs Drive Supply Squeeze

Since the introduction of spot exchange-traded funds (ETFs) in the U.S, approximately $10 billion worth of Bitcoin has deserted cryptocurrency exchanges. Glassnode, an on-chain monitoring company, reports that exchanges have witnessed outflows of more than 136,000 BTC since January 11th. Due to large withdrawals from exchanges this quarter, the supply

March 29, 2024 1 min read

Buying The Dip? Here’s Why This New Binance (BNB) Rival Skyrocketed 400%

A newcomer has made a striking entrance, challenging established giants like Binance (BNB). Known as Option2Trade (O2T), and initially priced at an accessible $0.02, this new entrant has seen an astonishing 400% increase in value, capturing the attention of investors and market analysts alike. This meteoric rise raises several questions

March 29, 2024 4 mins read

KELP’s Unique Approach to AI and Blockchain Integration

In the rapidly evolving landscape of decentralized finance (DeFi), Kelp (KELP) emerges as a standout project, marrying artificial intelligence (AI) with blockchain technology in a groundbreaking manner. With its pre-sale already surpassing 50% capacity in just two days, the urgency for investors to act cannot be overstated. KELP’s unique integration

March 29, 2024 3 mins read
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