Shortly after Ethereum (ETH) surpassed the $3,000 mark on Tuesday, an Ethereum wallet, dormant for 8.6 years, became active. It deposited 1,732 ETH (about $5.15 million) into the crypto exchange Kraken, as reported by blockchain tracker Lookonchain. On-chain data shows that the owner of the mysterious wallet was an Ethereum initial coin offering (ICO) participant. […]
Crypto-derived exchange-traded products (ETPs) registered record inflows totaling $2.45 billion globally last week, according to CoinShares’ latest report. US-listed crypto ETPs, including the 10 approved spot Bitcoin ETFs, accounted for about 99% of the week’s inflows. This surge has propelled year-to-date inflows to digital asset investment products to a staggering $5.2 billion. Combined with recent […]
Popular non-custodial cryptocurrency exchange FixedFloat has acknowledged a significant attack on its site over the weekend. On the social media site X (previously Twitter), the exchange admitted to a security breach and the ensuing loss of cash. This was done in response to the cryptocurrency community’s increased inquiries and worries over a possible exploit. Hello, […]
In the cryptocurrency investment world, Bitcoin exchange-traded funds (ETFs) have hit new record highs, surpassing even the most positive of expectations. Thomas, the Co-founder of the Bitcoin tracking platform Apollo, took to Twitter to announce the staggering surge in net inflows, revealing that in just four days, more capital had poured into Bitcoin ETFs than in the […]
According to Whale Alert, an ancient Ethereum pre-mine address containing 100 ETH (approximately $262,757) was activated after being dormant for 8.5 years. This latest awakening is not an isolated event. Over the past few months, many inactive Ethereum addresses have become active again, transferring significant amounts of ETH and creating ripples across the crypto landscape. […]
The fast-moving world of crypto investments had a record-breaking week for inflows, with a massive $1.1 billion flooding into digital asset investment products last week. Data from CoinShares showed the lion’s share, 98%, of this tidal wave of investment, was gobbled up by the ever-dominant Bitcoin. This surge in inflows marks a substantial uptick, bringing the year-to-date […]
Franklin Templeton, a renowned asset manager with $1.5 trillion in assets, has become the latest firm to apply for a spot Ethereum exchange-traded fund (ETF) in the United States. On Feb. 12, the asset manager submitted the S-1 filing to the Securities and Exchange Commission (SEC) four weeks after the company’s Bitcoin (BTC) ETF launch. […]
Bitcoin exchange-traded funds (ETFs) on the spot market scooped 10 times more Bitcoin than was mined on Monday, February 12. Preliminary data indicates that at least $493.4 million, or roughly 10,280 BTC, flowed into spot Bitcoin ETFs as of February 12. This massive inflow illustrates a significant shift in investor sentiment towards the digital asset […]
Adrian Orr, Governor of the Reserve Bank of New Zealand (RBNZ), has raised major concerns over cryptocurrencies, especially stablecoins, during a parliamentary finance committee meeting on Feb. 12. Orr argued that stablecoins, despite their name, lack stability and are not a viable alternative to traditional fiat money. He criticized these tokens as “the largest misnomers” […]