Bitcoin exchange-traded funds (ETFs) recorded yet another day of outflows on Apr. 9. For comparison, Bitcoin ETFs logged $224.8 million worth of outflows the day before. On Tuesday, Grayscale’s GBTC ETF experienced significant redness, with a substantial withdrawal of approximately $154.9 million. Yet, this pales in comparison to the massive loss of around $303 million endured … Read more
Binance, a major player in the cryptocurrency exchange scene, has expanded its list of supported digital currencies. This now includes meme coins like PEPE and WIF, as well as popular tokens such as Jupiter (JUP) and Ethena (ENA). By making this move, Binance underscores its dedication to providing a wide selection of trading choices for … Read more
Recently, there’s been a lot of buzz around EigenLayer, an Ethereum-based restaking protocol, with its total value locked reaching an impressive $12.4 billion and leading Ethereum‘s DeFi market. On April 9, 2023, EigenLayer officially launched on the Ethereum mainnet. EigenLayer Makes Way to Ethereum Mainnet According to the recent update, EigenLayer and EigenDA, Ethereum’s new … Read more
RippleX, the developer arm of Ripple, has urged node operators to upgrade to version 2.1.1. If they fail to update to the new version in a timely fashion, they will be amendment blocked. A new iteration of the XRPL reference server implementation, which addresses a significant vulnerability in Automated Market Makers (AMMs), was released last week. … Read more
On Tuesday, Steven Nerayoff, a previous advisor for Ethereum, filed a claim against the U.S. administration for $9.6 billion in compensation under the Federal Tort Claims Act (FTCA). He accused the government of wrongful prosecution and other severe charges that transpired from 2019 to 2023. Ethereum Insider Vs. The US Govt Nerayoff recently announced on … Read more
During the widespread market decline, the value of Cardano‘s native cryptocurrency, ADA, has experienced some significant selling, leading to a 5% decrease over the last day and a current price of approximately $0.58. Over the past month, ADA‘s price has dropped by 20%, causing it to lag behind in the altcoin market and currently ranking … Read more
Today, XRP, a cryptocurrency supported by Ripple Labs, generated a lot of excitement and speculation in the global crypto community due to its price fluctuations over the past 24 hours. During this volatile period, approximately 56 million XRP coins were moved by large investors, drawing significant interest from other market participants. XRP Whale Transactions: In-Depth … Read more
At a recent US Senate Banking Committee hearing, Senator Elizabeth Warren expressed her views on crypto regulations. In response, XRP supporter John Deaton strongly criticized Warren’s comments, highlighting the increasing disagreement between crypto supporters and regulators regarding regulatory actions. Significantly, Senator Warren’s demand for tighter regulation of crypto validators and stablecoin users has drawn criticism. … Read more
The prices of leading cryptocurrencies took a downturn: Bitcoin dropped to around $69,000, while Ethereum approached the $3,500 threshold for a potential dip. Notably, XRP, Cardano (ADA), Solana (SOL), and other prominent altcoins experienced substantial declines as well. Major Crypto Prices Today The price of Bitcoin decreased by 2.57%, amounting to $69,161.00 as of Wednesday, … Read more
In January, the debut of US Bitcoin spot ETFs drew in a massive influx of institutional investors, amassing over $12.3 billion in total assets. Surprisingly, these Bitcoin ETFs have seen significant interest from affluent international investors, notably from India. Indians Use Remittance Quota to Invest in Bitcoin ETFs Wealthy investors in India have found a … Read more