On Friday, spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) posted gains, reversing losses from the previous day. Approximately $ 908.10 million was poured into these ETFs, with dominant players like IBIT, ARKB, and FBTC securing the majority of the inflows. A Billion-Dollar Day: Bitcoin and Ether ETFs Deliver a Positive Ending to …
Record Figures for Crypto Airdrops With Almost $15 Billion Distributed in 2024
Airdrops are transforming blockchain engagement with almost $ 15 billion given to crypto users in 2024. Massive Surge in Rewards via Airdrops Airdrops have become highly valuable tools for marketing new crypto projects. According to an onchain analysis by Dropstab, a crypto aggregator, $ 14.91 billion was disbursed by various projects in 2024 …
Trump’s Dedollarization Warning Falls Flat as Nigeria, China Renew $2 Billion Currency Swap Deal
China and Nigeria have renewed a $ 2 billion currency swap arrangement for another three years. Trump Tariff Threat China and Nigeria have agreed to renew a $ 2 billion currency swap arrangement, initially signed in 2018. The arrangement reportedly aims to strengthen financial cooperation between the two countries and expand the use …
XRP Market Update: $123 Billion Market Cap Hangs in the Balance
Quid Pro Quo: El Salvador Scores $1.4 Billion IMF Credit by Scaling Back Bitcoin Activities
The International Monetary Fund (IMF) reached an agreement with the government of El Salvador to provide a $ 1.4 billion credit facility to fund the country’s reform agenda. In exchange, El Salvador agreed to scale back bitcoin’s economic involvement to mitigate risks derived from its implementation. El Salvador to Receive $ 1.4 Billion …