In an era where bitcoin (BTC) has become synonymous with substantial wealth, tales of its early days evoke both fascination and disbelief. Most are familiar with the now-legendary story of two pizzas purchased for 10,000 BTC—valued today at nearly $ 1 billion. However, the chronicles of bitcoin’s history are dotted with equally intriguing accounts …
Ethereum ETFs closed the week strong with inflows above $ 300 million while bitcoin ETFs saw outflows of close to $ 400 million. Last Week of 2024 Sees Outflows for Bitcoin ETFs and Inflows for Ethereum ETFs Bitcoin and ethereum exchange-traded funds (ETFs) experienced mixed fortunes in the final week of 2024. According …
Bitcoin’s market dominance has reached 56% as long-term holders continue to accumulate despite turbulent market conditions, according to a comprehensive report by Glassnode. The latest onchain report highlights a divergence in investor behavior, with short-term holders bearing the brunt of recent losses. Long-Term Bitcoin Holders Show Resilience, Averaging $ 138M in Daily Profits, Says …
Twenty days have passed since the debut of U.S. spot ethereum exchange-traded funds (ETFs), encompassing 14 trading sessions to date. During this period, the overall net inflows have dipped to a loss of $ 405.94 million. Nevertheless, Blackrock’s ETHA and Fidelity’s FETH have witnessed significant gains. ETHA’s net inflows are approaching the $ …
According to analytics, several prominent crypto influencers hold substantial amounts of money onchain. For example, Tron founder Justin Sun has more than $ 1 billion in crypto assets. Ethereum co-founder Vitalik Buterin’s associated addresses indicate holdings of $ 935.25 million in digital currencies. Alongside crypto influencers, celebrities also possess a substantial amount of …