Since the introduction of new Spot Bitcoin ETFs, which were partly touted as a modern alternative to gold investment, there has been a significant shift in investor behavior. While billions flowed into Bitcoin ETFs since their launch on January 11, a substantial amount of money has exited gold ETFs. Bitcoin ETFs Overshadow Gold ETFs The […]
Meta Rules Out Plans To Tackle AI Abuse In EU Elections
In a noteworthy gust of developments orbiting AI, Meta, a leading firm fostering AI-related services, recently ruled out plans to counter AI abuse in the run-up to the European Parliament elections in June. According to a report, the AI firm aims to set up a team to prevent disinformation and the abuse of generative artificial […]
Why is Bitcoin Capped at 21 million? Satoshi Nakamoto’s Emails Reveal
Few questions in the world of cryptocurrency are as mysterious and long-lasting as the explanation for why Bitcoin has a maximum supply cap of 21 million tokens. Satoshi Nakamoto, the elusive founder of Bitcoin, provided clues through personal communication that offer insight into this critical choice. We will explore the insights from Nakamoto’s emails to […]
MATIC Price Forecast: Polygon Skyrockets Past $1 As Bulls Eye $2.92 Historic Peak
MATIC Price Forecast: MATIC, a prominent layer-2 scaling solution that enhances interoperability and Ethereum compatibility for blockchain development, is experiencing a bullish market trend. As of the latest updates, the Polygon price is trading at $1.03, marking a significant 5.57 percent increase within the last 24 hours. Polygon has stood out among the top 20 […]
BlackRock’s IBIT Hits $1B Daily Trading Milestone on Bitcoin Rally
Amidst the growing Bitcoin price, BlackRock’s IBIT has crossed the $1 billion daily trading volume milestone on February 26. The update came from an X post by Senior Bloomberg ETF analyst Eric Balchunas. BlackRock’s IBIT Defies Market Flaws While the trading volume does not equate to the amount of retained flows in the spot Bitcoin […]
Ethereum’s Vitalik Buterin Asks Elon Musk to “Join Us”
In a remarkable and unforeseen turn of events witnessed recently, Ethereum founder Vitalik Buterin invited Elon Musk, the founder of X Corp. and Tesla, to team up, according to a post shared on X today, February 27. In a reply to Musk’s post about Microsoft’s PC laptop login fiasco, Vitalik stated, “Would be amazing to […]
FLOKI Price Skyrockets 40% As DWF Buys $10M FLOKI
In a significant turn of events, the price of FLOKI cryptocurrency has witnessed a remarkable surge of nearly 40% today, February 27. This significant price surge comes on the heels of an announcement by DWF Labs, a leading digital asset market maker, and Web3 investment firm, revealing its plan to purchase $10 million worth of […]
Spot Bitcoin ETF: Market Data Shows Whales Are Not Backing Down
The spot Bitcoin ETF issuers have added more Bitcoin (BTC) to their portfolio, underscoring the fact that whales are solidly behind the new offering and have no plans of backing down anytime soon. Spot Bitcoin ETF Adds 9901 BTC According to data from crypto analytics platform LookonChain, 8 of the 11 spot Bitcoin ETFs that […]
Bitcoin ETFs Clock $2 Billion Trading Volume for Second Day, BlackRock Sets New Records
The demand for spot Bitcoin ETFs continues to remain at the peak as all nine spot Bitcoin ETFs combined clocked $2 billion in trading volumes for the second consecutive day in a row on Tuesday, February 27. Bitcoin ETFs Trading Volumes Soar Bloomberg’s ETF strategist Eric Balchunas noted another day of significant trading volume for […]
Top 3 Reasons Why XRP Price Will Hit $1 Soon
XRP is one the most popular altcoins, which has the potential to make it big in the crypto market. The community is anticipating the $1 mark after years of being stuck in the same price category. And now things are about to change as many factors indicate that XRP might hit $1 soon. Let’s find […]