At the end of the day on Friday, U.S. spot bitcoin exchange-traded funds (ETFs) reported a substantial $ 252 million in net gains. In contrast, ether ETFs continued their downward trend, losing another $ 5.7 million. Bitcoin ETFs Shine with $ 252M Inflows; Ether Funds Dip by $ 5.7M Spot bitcoin …
Bitcoin marked its second most active day for transactions on December 3, 2023, as the cryptocurrency’s value soared past the $ 40K mark. This surge in activity comes closely after the record-setting day of November 19, 2023, when bitcoin miners validated 710,579 transactions. On Sunday, bitcoin miners authenticated a total of 707,876 transactions during …
The approval of a spot bitcoin exchange-traded fund (ETF) in the U.S. could inject substantial new capital into the cryptocurrency market. Glassnode’s latest analysis on the subject provides a deep dive into how spot bitcoin ETFs could reshape market demand and supply, signaling a new era for bitcoin’s integration into mainstream financial markets. Glassnode: Spot […]
Over 20 days, 640,000 ETH valued at just over $ 1 billion was added to liquid staking derivatives platforms. Additionally, the amount of ether staked in such protocols is approaching 12 million, with 11.97 million total value locked (TVL) as of September 15, 2023. Ethereum Staking Platforms Race to 12M Ether With $ …
Recent statistics reveal that in the past fortnight, about 270,000 units of ethereum (ETH) were deposited into liquid staking derivative protocols. Currently, these decentralized finance (defi) staking platforms hold an estimated 10.65 million ether locked within their systems. Ethereum Liquid Staking Landscape Continues to Swell Liquid staking platforms based on ethereum (ETH) have continued to […]