On New Year’s Eve, the spotlight was on spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs), which ended the year with modest gains. Bitcoin ETFs saw inflows totaling $ 5.32 million, while ether ETFs brought in a more impressive $ 35.93 million. Ethereum ETFs Shine on Dec. 31 as Bitcoin Funds Face …
According to data released by SWIFT, the use of the euro as a settlement currency for international payments has fallen significantly. Its utilization share has decreased by 6.83% compared to 2014, with only 22.29% of global payments employing it. Euro Tanks, Dollar Thrives in Swift Share Charts The future seems bleak for the euro, as […]
Cardano founder Charles Hoskinson envisions a glowing trajectory for bitcoin, predicting the top cryptocurrency could soar to $ 250,000–$ 500,000 per coin within the next 12 to 24 months. Bitcoin’s Bright Future: Cardano Creator Sees Six-Figure Milestone Ahead Charles Hoskinson, a prominent entrepreneur and mathematician, is renowned for co-founding Ethereum and creating Cardano. …
On Thursday, bitcoin (BTC) hit $ 98,367 per coin before sliding to $ 96,524. That same day, a dormant whale from 2016 stirred after eight years, spending a hefty 500 BTC, now valued at $ 48.26 million. Long-Term Holders Come out of the Woodwork Long-term holders (LTHs) are stepping into the spotlight …
Nigeria’s currency reforms under Bola Tinubu’s government have made the naira one of the most competitive in 20 years, according to World Bank chief economist Indermit Gill. The decision to float the naira and remove fuel subsidies helped prevent fiscal collapse. While the naira’s devaluation has exacerbated poverty and raised concerns about civil unrest but […]