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Key takeaways:Bitcoinās decline mirrors Nasdaq weakness but lacks a fundamental justification.Spot BTC ETF inflows have cooled but remain net positive, showing resilient investor demand.Stablecoin liquidity and onchain accumulation suggest conditions for a rebound.Bitcoin (BTC) extended its decline ā¦
The Solana ecosystem is increasingly expanding, and the newly launched spot Solana exchange-traded funds (ETFs) by Bitwise and Grayscale have continued to witness steady inflows since they started trading.According toĀ data from Farside Investors, Bitwise Solana ETF (BSOL) and Grayscaleās Solana ETF ā¦
By Katherine HamiltonCoinbase Global recorded a jump in sales as trading volumes increased in the third quarter.The cryptocurrency marketplace on Thursday posted a profit of $437.1 million, or $1.50 a share, in the quarter ended Sept. 30, compared with $75.5 million, or 28 cents a share, a year earlā¦
Nakamoto Holdings, the Bitcoin treasury firm led by Bitcoin Magazine CEO David Bailey, has seen its stock collapse by over 98% since its May high after a wave of investor selling linked to its $563 million private investment in public equity (PIPE) deals.The company, which merged with Utah-based heaā¦
An early Ethereum investor has emerged from nearly eight years of inactivity, transferring 1,500 ETH worth roughly $6 million to crypto exchange Kraken, onchain data shows.Onchain data analysis providers Lookonchain and Onchain Lens reported Wednesday that the wallet "0x60Dā¦E932" transferred a totalā¦
Dogecoin saw a sharp jump in trading activity on Tuesday, but prices did not follow immediately. Volume over the last 24 hours rose by 60%, pushing total traded value above $2 billion, according to CoinMarketCap.Yet the token traded near $0.21 at the time of the report, down about 0.18% in the day aā¦
Venture capital giant Andreessen Horowitz (a16z) is leading a $12.9 million funding round for ZAR, a one-year-old fintech startup aiming to make dollar-backed stablecoins accessible to everyday consumers in Pakistan and other emerging markets.The round drew participation from Dragonfly Capital, VanEā¦
On October 23, spot Bitcoin ETFs attracted $90.60 million in inflows, with none of the funds posting any outflows. On the other side, Ethereum ETFs recorded $93.60 million in outflows, according to SoSoValue.Ā Bitcoin ETF BreakdownĀ Bitcoin ETFs recorded a total of $90.60 million in inflows, with two ā¦
Over the past week, Iāve watched Jupiter command headlines as its price has gained nearly 14%. This has come following news around its predictions market beta launch. Whatās fueling this momentum? For one, Jupiterās Q3 revenue soared to $45 million, and the teamās proposed burn of 121 million JUP toā¦
Tether, the company behind the worldās largest stablecoin USDT, is seeing rapid growth and attracting significant investor interest. With profits soaring and investors knocking at its door, CEO Paolo Ardoino is hinting at exciting plans ahead.Hereās a look.Tetherās Profits Near $15 BillionAccording ā¦
By Kelly CloonanCore Scientific logged lower revenue in its latest quarter as it mined fewer bitcoin.The data-center infrastructure company on Friday posted a loss of $146.7 million, or 46 cents a share, compared with a loss of $455.3 million, or $1.17 a share, a year earlier. The narrower loss is pā¦
The feud between Fetch.ai and Ocean Protocol Foundation may be drawing to a close as the two sides look to reach a middle ground without escalating into a full-blown legal battle.On Thursday, Fetch.ai said it would cancel all pending legal claims against the Ocean Protocol Foundation if the latter rā¦