The total net inflow for spot Bitcoin ETFs on May 22 was $154 million, continuing an eight-day streak of positive inflows. Meanwhile, the Grayscale Bitcoin Trust (GBTC) ETF experienced an outflow of $16.0914 million. BlackRock’s iShares Bitcoin Trust (IBIT) had a single-day inflow of $91.9527 million, and Fidelity’s FBTC ETF saw an inflow of $74.572 […]
Nvidia Smashes Q1 Targets, Unveils 10-to-1 Stock Split
The post Nvidia Smashes Q1 Targets, Unveils 10-to-1 Stock Split appeared on BitcoinEthereumNews.com. On Wednesday, American technology giant Nvidia (NVDA) announced its Q1 2024 earnings report. The company’s performance exceeded expectations for both sales and earnings, resulting in a significant rise in its stock price. The company’s performance highlights the ongoing robust demand for artificial […]
US House approves crypto market structure bill
Maxine Waters, a Democrat member of the US House, said that the crypto market structure bill, entitled FIT21, is one of the worst bills she has ever seen. Seventy-one Democratic members voted for the bill, including the previous speaker of the House, Nancy Pelosi. The American House of Representatives recently passed a cryptocurrency market structure […]
Transactions Surge More Than 50% Amid ETF Speculation
The post Transactions Surge More Than 50% Amid ETF Speculation appeared on BitcoinEthereumNews.com. Dogecoin (DOGE), a meme-inspired crypto, has recently experienced a significant surge in activity from large-scale investors, commonly known as “whales.” Recent data shows that the value of substantial transactions has nearly doubled in the last 24 hours. Related Reading Dogecoin Transactions Soar […]
US Lawmaker Brad Sherman Express Worries About FIT21 Crypto Bill’s Approach
The cryptocurrency industry has witnessed a monumental development, following a vote to pass the Financial Innovation and Technology for the 21st Century Act (FIT21) Crypto bill. However, United States Congressman Brad Sherman has voiced concerns regarding the proposed bill, which aims to establish a comprehensive regulatory framework for these digital assets. The pro-crypto bill was […]
BLOCKCHAIN WORLD SUMMIT will take place on JUNE 1, 2024, in Minsk
The post BLOCKCHAIN WORLD SUMMIT will take place on JUNE 1, 2024, in Minsk appeared on BitcoinEthereumNews.com. BLOCKCHAIN WORLD is an international summit focusing on trends in blockchain, cryptocurrencies, fintech, mining, AI, and WEB3. The event will gather guests from 9 countries and will be held in various formats.What to expect at the summit: Over […]
Post-Halving Slump: Miners Turn to Risky BRC-20 Projects Amid Revenue Drop
The post Post-Halving Slump: Miners Turn to Risky BRC-20 Projects Amid Revenue Drop appeared first on Coinpedia Fintech News After the halving, miner revenue fell from $74.9M to $36.6M per day. Before the halving, average monthly miner revenue from fees was below 5%, but now it’s over 10%, a high level (blue bars). In past […]
Axie Infinity (AXS) Breakout Imminent: Analysts See 40% Upside Potential
The post Axie Infinity (AXS) Breakout Imminent: Analysts See 40% Upside Potential appeared first on Coinpedia Fintech News Axie Infinity (AXS), a fast-growing virtual world with several nostalgic gaming titles, has approached the tipping point of bullish breakout. The mid-cap altcoin, with a fully diluted valuation of about $2.1 billion and a daily average traded […]
Spot Solana ($SOL) ETFs: Pioneering the Future of Cryptocurrency Investments
The post Spot Solana ($SOL) ETFs: Pioneering the Future of Cryptocurrency Investments appeared on BitcoinEthereumNews.com. Brian Kelly, a notable crypto investor and CNBC’s ‘Fast Money’ trader, recently suggested that Solana (SOL) could be the next cryptocurrency to get a spot exchange-traded fund (ETF) in the United States. Kelly’s prediction has ignited a lively debate among […]
Traders Bullish on Dogwifhat and New Meme Coin Sealana
The post Traders Bullish on Dogwifhat and New Meme Coin Sealana appeared first on Coinpedia Fintech News As the crypto market regains pace, the meme coin sector is thriving, and analysts are rallying behind Solana’s largest meme coin, Dogwifhat. New opportunities also continue to arise, and traders think the new meme coin Sealana could be […]