Bitcoin ETFs See Massive $18.3M Outflow Amid Market Shake-Up
TL;DR Bitcoin ETFs experienced an outflow of $18.3 million on July 30. BlackRock’s Ethereum ETF, ETHA, saw an inflow of $118.0 million, outperforming its Bitcoin counterpart.
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (dApps). It was created by Vitalik Buterin in 2013 as a way to expand the functionality of blockchain technology.
Ethereum’s native cryptocurrency, Ether (ETH), is used to pay for transaction fees and computational services on the network. Ethereum’s smart contract functionality allows developers to create self-executing contracts that can automate complex transactions and operations, such as the transfer of assets, voting systems, and more. Ethereum’s flexibility and community support have made it a popular choice for building decentralized applications and other blockchain-based projects.
TL;DR Bitcoin ETFs experienced an outflow of $18.3 million on July 30. BlackRock’s Ethereum ETF, ETHA, saw an inflow of $118.0 million, outperforming its Bitcoin counterpart.
TL;DR Unifying Liquidity Across Ecosystems: Movement Labs partners with Polygon Labs to enhance liquidity solutions on Layer 2 blockchains. The collaboration bridges MoveVM-based networks and Ethereum
TL;DR Solana metrics appear inflated, with many non-organic transactions. Solana faces high activity from fraudulent projects and volume manipulation via bots. There is a significant discrepancy
TL;DR Bitcoin hit $70K after Trump’s speech, but fell to below $67K due to the US government’s transfer of 30,000 BTC. Ethereum has performed relatively well
TL;DR US Political Climate and Crypto Market Price Pressure: The approval of spot Bitcoin ETFs initially boosted Bitcoin’s price in the US. However, recent political developments,
TL;DR The Controversy: Ethereum founder Vitalik Buterin responds to allegations of centralization made by Péter Szilágyi, an Ethereum team lead. Szilágyi criticized the network’s direction, particularly upcoming
TL;DR Ethereum ETFs Attract Record Inflows: The recent launch of spot-based Ether exchange-traded funds (ETFs) has led to substantial inflows, making it one of the largest asset
TL;DR Arbitrum’s Expansion Proposal: The Arbitrum Foundation is considering extending its Orbit chains beyond Ethereum. The proposal is undergoing an initial “temperature check” vote on Snapshot,
TL;DR Ethereum Price Correction: Ethereum (ETH) experienced a significant correction of almost 9% in a single day, making it the most substantial decline among the top
TL;DR The first Ethereum ETFs in the US debuted on July 23, 2024, obtaining a net inflow of $106.7 million and a trading volume of over
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
Ads
© Crypto Economy