#bitcoin

Ethereum Whale Reactivates $10.4M Wallet as ETH Surpasses $3K
Ethereum

Ethereum Whale Reactivates $10.4M Wallet as ETH Surpasses $3K

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. […]

Feb. 21, 2024
Crypto Funds Surge To $2.5B Inflows Amid Growing Spot Bitcoin ETF Interest
Bitcoin

Crypto Funds Surge To $2.5B Inflows Amid Growing Spot Bitcoin ETF Interest

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 […]

Feb. 20, 2024
FixedFloat Crypto Exchange Hacked: $26M Theft and Crypto Mixer Trail
Crypto

FixedFloat Crypto Exchange Hacked: $26M Theft and Crypto Mixer Trail

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, […]

Feb. 19, 2024
Bitcoin ETFs Surpass Expectations: 43,000 BTC Inflows In Four Days
Bitcoin

Bitcoin ETFs Surpass Expectations: 43,000 BTC Inflows In Four Days

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 […]

Feb. 16, 2024
Ethereum’s Awakening: Dormant Addresses Resurge, Sparking Crypto Speculation
Ethereum

Ethereum’s Awakening: Dormant Addresses Resurge, Sparking Crypto Speculation

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. […]

Feb. 14, 2024
Bitcoin Dominates As Crypto Investment Surges To $1.1 Billion: CoinShares Report
Bitcoin

Bitcoin Dominates As Crypto Investment Surges To $1.1 Billion: CoinShares Report

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 […]

Feb. 13, 2024
Franklin Templeton Files for Spot Ethereum ETF
Ethereum

Franklin Templeton Files for Spot Ethereum ETF

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. […]

Feb. 13, 2024
Bitcoin ETFs Absorb Ten Times More BTC Than Miner Output
Bitcoin

Bitcoin ETFs Absorb Ten Times More BTC Than Miner Output

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 […]

Feb. 13, 2024
NZ Central Bank Governor Warns About Stablecoins
Crypto

NZ Central Bank Governor Warns About Stablecoins

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” […]

Feb. 12, 2024