Spot Bitcoin ETF inflows have outpaced the amount of production from miners by over ten times over the past two trading days.
Digital asset firms continue to flounder in face of strict UK regulations
Rishi Sunak’s vision of the U.K. becoming a global hub for Bitcoin will likely come true, and the U.K. will be better off for the strict approach it has taken from the outset. […] Read More… The post Digital asset firms continue to flounder in face of strict UK regulations appeared first on CoinGeek.
Litecoin (LTC) Partnerships: Bridging Traditional and Crypto Industries
The Litecoin blockchain network continues to boost network relevance through partnerships. Litecoin (LTC) bulls are leading the altcoin rally. The Litecoin Blockchain, like many of its peers, is strengthening its position, along with the entire Litecoin ecosystem with external partnerships. Over the years, blockchain networks have tapped multiple organizations to kickstart a long-term partnership poised […]
CZ to Be Sentenced in Early April
Binance founder Changpeng “CZ” Zhao’s sentencing for failing to maintain an effective anti-money laundering program has been postponed to Apr. 30
Stablecoin Surge: $150B Market Cap Signals Growth Spurt
The idea behind “stablecoin” seems simple, it’s digital money with a fixed value. But this idea has been called into question by recent comments made by Adrian Orr, the governor of New Zealand’s central bank, who described it as inconsistent. As per the parliamentary session reported by Bloomberg, Orr opined that stablecoins are intrinsically unstable […]
Bitcoin Commands 98% of Digital Asset Investment Products’ $1.1 Billion Inflows
Investments in digital assets surged by $1.1 billion, bringing the year-to-date total to $2.7 billion. With the recent market recovery and subsequent price hikes, the total assets under management (AuM) have reached their highest point since early 2022, hitting $59 billion. According to Coinshares’ latest edition of Digital Asset Fund Flows Weekly Report, Bitcoin dominated […]
Optimism’s Ascendancy: Leading The Pack In Layer 2 Growth
As of 2024, Optimism stands out as the top performer in the layer 2 space, boasting the highest total active addresses compared to other layer 2 platforms. The growth rate of Optimism addresses surpasses its counterparts, positioning it as a frontrunner in the evolving landscape of layer 2 solutions. Optimism Mainnet consistently maintains a dominant […]
SBF Could Be A Free Man in Less Than Ten Years If FTX Customers to Be Fully Reimbursed
Lawyers overseeing FTX’s bankruptcy have said they expect customers of the failed crypto exchange to be reimbursed in full. The money to pay back creditors would come from FTX’s investments, which have appreciated enormously in value since the lows following the exchange’s collapse. SBF is expected to face a significantly less severe sentence for his […]
Ethereum’s Price Fluctuations: Insights Into Jeffrey Wilcke’s Recent Deposit
Ethereum has been on an upward trajectory over the past week, surpassing the $2,600 mark with a notable 7% gain, indicating a strong positive momentum in the market. However, today, the token experienced a slight dip in value, seeing a nearly 2% decline and currently trading at $2485. Spotonchain data reveals an intriguing development involving […]
IMX Price Surges 10% Today: Bullish Sentiments Rise
The price of IMX has surged by more than 10% today and 32% over the past week, marking a significant uptick following a period of neutral trend. This notable increase indicates a growing bullish sentiment surrounding the currency, fueled by increased bull power within the cryptocurrency industry. In tandem with the price surge, Immutable’s 24-hour […]