According to the latest data, spot bitcoin exchange-traded funds (ETFs) broke an eight-day outflow streak on Monday, scooping up $ 28.72 million in fresh investments. Meanwhile, things didn’t look as bright for the nine spot ether ETFs, which saw outflows of $ 5.2 million during the trading session. Bitcoin ETFs Recover $ …
Wazirx co-founder Nischal Shetty has addressed concerns about the remaining assets following the cyberattack, stating that misinformation has caused unnecessary fear by suggesting these assets are also gone. He emphasized that such claims are baseless and are made only to attract attention. He also promised to share Wazirx’s Proof of Reserves (PoR) after a new […]
Binance CEO Richard Teng has addressed the recent declines in cryptocurrency and equity prices, attributing them to macroeconomic factors and advising against viewing them as long-term negative trends. He highlighted potential Federal Reserve rate cuts and geopolitical volatility as key influences, urging individuals to stay informed and proactive. Richard Teng Discusses Market Declines, Advises Caution […]
According to Josh Neuroth, the Vice President of Product at Quicknode, Layer-2 (L2) scaling solutions known as zero-knowledge (ZK) rollups can potentially solve the most pressing issues in blockchain technology. Hence, the buzz around them is “well-founded.” He added that unlike the speculation-driven non-fungible token (NFT) frenzy, interest in ZK rollups is grounded in their […]
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) reversed their continuous outflow trend, attracting $ 31.01 million in net inflows. Leading the charge, Fidelity’s FBTC garnered $ 49 million, while Grayscale’s Bitcoin Trust (GBTC) experienced approximately $ 30 million in outflows. U.S. Spot Bitcoin ETFs Rebound On Tuesday, spot bitcoin ETFs in …