Friday’s trading session delivered a substantial influx of $ 979.22 million into 10 of the 12 spot bitcoin exchange-traded funds (ETFs), while spot ethereum ETFs accrued $ 23.87 million, reinforcing a pronounced shift in institutional engagement with digital assets. Friday’s Crypto ETF Frenzy In the bitcoin ETF domain, Blackrock’s IBIT emerged as the …
As the global cryptocurrency market capitalization expands to $ 3.59 trillion, the second-largest digital asset, ethereum (ETH), has struggled to keep pace with its peers. Over the past six months, its performance has lagged significantly, falling short of the momentum seen elsewhere in the sector. Stagnation Strikes Ethereum as Its Competitors Surge Ahead Lately, …
Paolo Ardoino, CEO of Tether, the issuer of USDT and one of the larger companies in the crypto space, has confirmed plans to physically relocate part of its operations to El Salvador besides moving its headquarters to the country. President Nayib Bukele revealed that the company will build a skyscraper, the Tether Tower, in an […]
Amid a broader upward trajectory in cryptocurrency valuations, the non-fungible token (NFT) market registered a measured 2.78% increase in total sales during the week spanning Jan. 10–17, 2025. Over this period, aggregate digital collectible sales amounted to approximately $ 156.13 million, driven by a 115.41% escalation in the number of buyers relative to the …
Over the past year, the fusion of artificial intelligence (AI) and cryptocurrencies has sparked a significant rise in the prominence of AI-centric digital assets. Now, a fresh subset is emerging from obscurity—AI agent coins—a category of cryptocurrencies linked to initiatives employing autonomous AI agents for tasks within the blockchain realm. AI Agent Coins: The Emerging […]