Despite the mixed performance of spot bitcoin ETFs, the overall outlook remains positive. As of June 26, 2024, the combined net inflows for these 11 funds since their January launch stands at $14.42 billion.
It appears that Ethereum might be losing its “deflation dream” after seeing its longest inflationary spell since transitioning to PoS model.
Gary Gensler, SEC Chair, talked about the approval of spot Ethereum (ETH) exchange-traded funds (ETFs) on Tuesday, June 25, stating that the approval process is “going smoothly” while being hesitant to reveal a timeline for the approval.
The Linux Foundation, a non-profit organization renowned for its pioneering work in open-source technology, is set to launch the Linux Foundation Decentralized Trust (LF Decentralized Trust).
In order to double down on its Bitcoin investment strategy, Metaplanet Inc has announced the establishment of an offshore entity.
21Shares, a top issuer of cryptocurrency exchange-traded products (ETPs), has teamed up with Zodia Custody to offer advanced custody services for its physically-backed digital asset ETPs in Switzerland and the wider European market.
NGS Crypto, an Australian cryptocurrency company, has officially changed its name to “Hiddup” amid an ongoing investigation and legal action by the Australian Securities and Investments Commission (ASIC).
The German government has dumped 400 Bitcoins (BTC) on Kraken and Coinbase, an action that suggests investors should brace for impact. The 400 BTC, worth $24.4 million based on the cryptocurrency’s current price, were deposited at 15:38 UTC+8.
Popular Solana wallet Phantom might gradually be gravitating towards a multichain future following its recent announcement.
Robert Kiyosaki, the renowned author of the best-selling book “Rich Dad Poor Dad”, is urging investors to view the recent market dip as a prime buying opportunity rather than a cause for panic.
In a potential attempt to re-engage with the crypto industry, the White House has rehired cybersecurity advisor Carol House as the crypto advisor.
Bitcoin’s recent price drop to 3.34% triggers major outflows from leading Bitcoin ETFs, with Grayscale’s GBTC fund losing $90 million.
At the time of writing, the price action of ZK, the native token of ZKsync, showed signs of stagnancy, up $0.05% in 24 hours.
The meme coin crypto industry led by Pepe and Shib has dramatically reduced in valuation in the past four weeks to around $47 billion on Tuesday.
Alex Lab, a Bitcoin-based blockchain protocol for DeFi, revealed that the Lazarus Group, a notorious North Korean cybercriminal group, orchestrated a recent cyberattack causing a $4.3 million loss.