Bitcoin exchange-traded funds (ETFs) have significantly lagged behind their Ethereum counterparts in terms of inflows over the last few trading days leading up to Thanksgiving, according to data from SoSoValue. From November 22 to November 27, spot Bitcoin ETFs saw $32.2 million in inflows, a stark contrast to the $224.8 million inflows recorded by spot […]
Indonesia’s cryptocurrency market has witnessed remarkable growth, with transactions reaching over 475 trillion Indonesian rupiah, or approximately $30 billion, by October 2024. This represents a staggering 352% increase compared to the same period in 2023, which saw only $6.5 billion in crypto transactions. This surge in trading volume marks a significant milestone for Indonesia, exceeding […]
Charles Hoskinson, the founder of Cardano (ADA), has shared his bold prediction that Bitcoin (BTC) will reach a price of $250,000 within the next two years, citing several key factors that he believes will drive Bitcoin’s continued price growth. Hoskinson’s prediction comes at a time when Bitcoin is experiencing significant gains, recently rising by 33% […]
Pi Network, one of the most prominent cryptocurrency projects today, has just announced an important change regarding the deadline for submitting the KYC (Know Your Customer) application during the Grace Period. According to the latest announcement from the Pi Network team, the final deadline for KYC submissions has been extended to December 31, 2024. This […]
Bitcoin miners have made substantial investments in infrastructure this year, with major players in the industry spending a total of $3.6 billion on property, plant, and equipment (PP&E) as part of their efforts to expand and upgrade their operations. This figure was reported on November 28 in a third-quarter financial report for 2023, highlighting the […]
Swiss lawmakers have taken a significant step towards integrating Bitcoin into the country’s energy policy with a proposal to study how Bitcoin mining could help optimize the local power grid. On November 28, a proposal by Swiss policymaker Samuel Kullmann was approved by a sweeping 85-46 vote in the Swiss Parliament. This study aims to […]
Ethereum has recently outperformed Bitcoin, marking a notable trend in the cryptocurrency market as the overall sentiment remains bullish. According to the latest derivatives analytics report by Bybit and Block Scholes, Ethereum’s performance has been particularly strong, with the cryptocurrency showing a steady rise in open interest for its perpetual swaps. This comes as Bitcoin’s […]
Binance Labs, the venture capital and incubation arm of Binance, has announced a strategic investment in Astherus, a decentralized finance (DeFi) platform designed to maximize real yield for digital assets. This investment, revealed on November 28, aims to help Astherus accelerate its product development, introduce new yield-generating products, and enhance the overall user experience. Astherus […]
Ethereum is showing strong potential for further gains, with analysts from QCP Capital predicting a possible 35% rally as the cryptocurrency continues to gain momentum. As of the latest data, Ethereum (ETH) has outperformed the broader cryptocurrency market, climbing 11.65% to reach a high of $3,688. This surge comes as capital flows rotate away from […]
If Bitcoin reaches $122,000, Dogecoin’s price could see a significant rise, potentially setting new highs. As of November 28, 2024, Dogecoin has been performing exceptionally well, trading at around $0.40. This represents a remarkable 365% increase from its low in September, and it mirrors Bitcoin’s own impressive growth as it neared the $100,000 mark. Historically, […]