Grayscale’s Bitcoin ETF Sees Massive $358M Outflows but Analyst Predicts End in Sight
TL;DR Fund outflows from Grayscale’s Bitcoin Trust (GBTC) have been significant, reaching nearly $359 million in a single day and $1.8 billion in a week. Eric
cryptocurrencies (Latest Publications)
Bitcoin (BTC) Rises 4.75% Despite ETFs Three-Day Streak Exodus
TL;DR Bitcoin ETFs in the United States have experienced three consecutive days of net outflows, totaling $742 million during that period. The Grayscale Bitcoin Trust (GBTC)
Stablecoin Market Surges: Reaches $147 Billion in March, Highest Since 2022
TL;DR The CCData report highlights explosive growth in the stablecoin market, with Tether (USDT) market capitalization surpassing $100 billion. Stablecoins are digital assets designed to maintain
Solana Ecosystem Reigns: Capturing Nearly Half of Global Crypto Investor Interest
TL;DR Solana stands out as the most popular blockchain ecosystem of 2024. Ethereum remains relevant as the second most popular blockchain ecosystem, with increasing attention towards
Polygon Achieves Milestone with Napoli Hard Fork, Pioneering RIP-7212 Support
TL;DR The Napoli update on Polygon introduces support for RIP-7212, a Rollup Improvement Proposal that enhances interoperability with conventional technology. Napoli also includes improvements in block
Ethereum’s Dencun Upgrade Sparks Record Adoption of Layer 2 Solutions, Amid Market Volatility
TL;DR Ethereum Layer 2’s recent Dencun upgrade has driven record adoption of Layer 2 solutions. The inclusion of EIP-4844 in Dencun has dramatically reduced transaction fees
Avalanche and Alipay Team Up for Web3 Voucher Program
TL;DR Avalanche and Alipay+ D-store offer a Web3-enabled coupon program for discounts on milk teas. Expansion of the program to reach over 100 million users in
SEC Delays Decision on Ark 21Shares, Analyst Says He Now Expects Ethereum Spot ETFs to Be Rejected in May
TL;DR The SEC has announced extensions in its decisions regarding the approval of Ethereum ETFs. Bloomberg analyst James Seyffart anticipates the rejection of ETH ETFs in
Galaxy Digital’s Crypto Assets Surge to $10 Billion: A Milestone Amidst Crypto Craze
TL;DR Galaxy Asset Management (GAM) recently surpassed $10 billion in assets under management (AUM). The increase in institutional interest in digital assets has been a key
Bitcoin Virtual Machine Unveils Truly Open AI: A Game-Changer for Blockchain-Powered AI Applications
TL;DR Innovative Platform: The Bitcoin Virtual Machine is launching Truly Open AI, a platform that allows users to implement AI models on the blockchain, enhancing cryptocurrency
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