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Spot Bitcoin ETFs Registered Record Net Outflows on Tuesday Fueled by Grayscale’s Accelerated Dumps
By Steve Muchoki
• 3 mins read
Grayscale’s GBTC cash outflow is expected to continue in the coming weeks despite the recent move to save its clients.
Bloomberg Analyst Believes US SEC Will Deny Listing and Trading of Spot Ether ETFs by May 23
By Steve Muchoki
• 3 mins read
James Seyffart pointed out that the US SEC has not engaged the spot Ether ETF applicants in any way like Bitcoin’s earlier this year.
World’s Largest Pension Fund GPIF with Over $1.5T in AUM Tiptoes to Bitcoin for Long-Term Portfolio Diversification Plan
By Steve Muchoki
• 3 mins read
Japan’s Government Pension Investment Fund (GPIF) seeks to diversify its investment portfolio to deal with major changes in the global economy and society.
Telegram Successfully Raises $330M via Bond Offering Last Week with Its IPO in Pipeline
By Steve Muchoki
• 3 mins read
Telegram conducted an oversubscribed bond offering as investors forecast the company’s inevitable profitability from its 900 million monthly active users.
Chiliz (CHZ) Signs Strategic Partnership with Unagi and LFP to Launch Coach Ligue 1 Fantasy Football Game
By Steve Muchoki
• 3 mins read
The launch of the Coach Ligue 1 gaming platform will have a profound impact on the Chiliz (CHZ) ecosystem amid the ongoing crypto bullish outlook.
Irreversible Mistake Turns Solana-based Slerf Meme Coin Extremely Popular
By Steve Muchoki
• 3 mins read
Slerf (SLERF) core developer informed the community that over 50k SOL had been incinerated by mistake, but the team intends to make the presale investors whole again.
Blackrock’s IBIT Reached Daily Inflow Peak of Nearly $1B before Bitcoin Price Retraced Below $67K
By Steve Muchoki
• 3 mins read
BlackRock’s iShares Bitcoin Trust (IBIT) set a new record in daily traded shares of about 100 million on Thursday and a record daily inflow of $849M on Tuesday.
US SEC Charges CryptoFX for Perpetrating $300M Crypto Ponzi Scheme Targeting Latino Investors
By Steve Muchoki
• 3 mins read
The SEC stated that CryptoFX had several employees who managed to convince and defraud investors from 10 different states including two foreign countries.
Polkadot Network Announces New Software Development Kit (SDK) to Enable Seamless Deployment of Web3 Applications
By Steve Muchoki
• 3 mins read
The built-in SDK for Web3 development follows the recent verification of the Polkadot Play by Unit, which enables creators to build and grow real-time gaming Dapps.
Ethereum Developers Activated Dencun Upgrade, ETH Price Ready for ATH
By Steve Muchoki
• 3 mins read
The highly anticipated Dencun upgrade has dramatically reduced Ethereum’s Layer-Two (L2) transaction fees, thus enabling mass adoption of Web3 platforms.