While Bitcoin is widely recognized as a proof-of-work (PoW) network, it’s not necessarily the most profitable PoW asset to mine. With Bitcoin’s hashprice being relatively low, miners have been increasingly turning their attention to mining alephium (ALPH) and kaspa (KAS). These two digital currencies currently offer the highest profitability for miners, according to the latest […]
Inflows and Outflows: Bitcoin ETFs Gain $88M, Ether Drops $6.49M
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows of $ 88.06 million, while ether ETFs experienced outflows totaling $ 6.49 million. Blackrock’s IBIT and ETHA led the charge, capturing the largest inflows of the day. Blackrock’s Bitcoin and Ether ETFs Lead the Day in Inflows Data from sosovalue.xyz reveals that spot …
US Bitcoin ETFs Gain $11M, Ether ETFs Slip by $39M on Thursday
On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) pulled in $ 11.11 million, while ethereum ETFs faced a different outcome, with losses totaling $ 39.21 million during the day’s trading session. A Dive Into Thursday’s Crypto ETF Landscape U.S. spot bitcoin ETFs made a slight comeback on Thursday, drawing in $ 11.11 …
US Lawmaker Hosts Meeting to Help Kamala Harris Gain Crypto Industry Support
U.S. Congressman Ro Khanna will host a meeting to help Vice President Kamala Harris improve her relationship with the cryptocurrency industry. This is the second event of its kind in two months to aid Harris’ campaign efforts amid the Biden administration’s tough stance on crypto assets. Meeting Arranged to Help Vice President Kamala Harris Mend […]
Bitcoin and Crypto to Gain as Falling Rates Expand Global Liquidity, Says 21shares VP
The head of strategy at crypto investment firm 21shares has explained that the broad-based bitcoin selloff following the Federal Reserve’s decision to keep interest rates unchanged was partly due to increasing geopolitical tensions in the Middle East and fears of conflict escalation, leading to a temporary flight to safety. He also noted that anticipated interest […]