Eric Balchunas, Bloomberg’s senior Bitcoin ETF analyst, suggests that the price performance of the world’s Bitcoin is independent of spot Bitcoin ETF exchange flows. Although the BTC ETF activities that trigger Bitcoin transactions are typically implied to determine Bitcoin market movement, Balchunas pointed out that “bigger forces” also influence the game. This remark has been […]

The Grayscale Bitcoin ETF GBTC continues to bleed putting an overall dent on the Bitcoin ETF market. On Thursday, March 21, GBTC recorded yet another day of major outflows at $359 million. With this, the total outflows from the Grayscale Bitcoin fund have skyrocketed to $1.8 billion for this week. after a strong bounce back […]

Google has recently broadened its scope in the cryptocurrency domain by integrating with Etherscan for Ethereum Name Service (ENS). This integration aims to enhance visibility and accessibility for crypto users, particularly those involved with Ethereum transactions. Initially, Google allowed users to search for specific public addresses and view wallet balances directly. However, the functionality has […]

Terra Luna Classic community voting on a key proposal to repeal the earlier passed KYC proposal based on claims that KYC requirements for developers have stalled the growth of Terra Luna Classic. Meanwhile, LUNC and USTC prices have taken a hit amid futures selloff and options expiry. Terra Luna Classic KYC Proposal Repeal Proposal 12091 […]

Investment giant Blackrock is now contemplating whether or not to diversify its offerings to its customer base or not. According to Fox journalist Eleanor Terrett, Blackrock might not be focusing on diversifying its portfolio to “other crypto products”. Blackrock To Stick to Current Crypto Offerings In a post on platform X, Terrett highlights that Blackrock […]

Recent data from Santiment has unveiled a seismic shift in the blockchain ecosystem, as Chainlink emerges as the new frontrunner in developer activity, dethroning Cardano from its longstanding reign. This momentous achievement marks a significant milestone for Chainlink, catapulting it into the upper echelons of blockchain platforms for the first time. Despite being displaced from […]

In the ever-evolving landscape of cryptocurrency, recent data analysis sheds light on intriguing divergences in network dynamics and investor sentiment between Ethereum and Bitcoin, the two stalwarts of the digital asset realm. While Bitcoin witnesses a discernible reduction in transaction fees alongside a notable decline in net outflows from exchanges, Ethereum paints a contrasting picture. […]

Some Wall Street firms including spot Bitcoin ETF issuer BlackRock Inc, MicroStrategy Incorporated, and Coinbase Global Inc are strengthening their BTC position, contributing to imminent supply shock on the horizon. BlackRock Remains the Largest BTC HODLER There were eleven top HODLers outlined in a published chart from the crypto analytics platform HODL15Capital. The chart showed […]

The crypto market is trying to make a comeback as the market cap has surged to $2.47 Trillion after an increase of 2.4% in just a day. Despite the effort, the trading volume is still down and has decreased almost 18% from yesterday.  Top cryptocurrencies like Bitcoin, Ethereum, and others aren’t out of the dip […]

In light of the discovered bug that was recorded on the XRP Ledger (XRPL) following the launch of the Automated Market Maker (AMM), top ecosystem developer and founder of the Xumm Wallet WietseWind has called for a collective effort to deploy a Canary Network for the layer-1 blockchain. XRP Ledger (XRPL) Canary Network: Key Features […]