Data from Farside Investors reveals that U.S. spot BTC ETFs experienced net outflows of $64.9 million on June 10, breaking their four-week winning streak. Grayscale Bitcoin Trust (GBTC) was the largest contributor to this trend, with outflows amounting to $39.5 million. The total net inflows of U.S. spot BTC ETFs have exceeded $15.6 billion. This …
US Bitcoin ETFs see first day of outflows after 4 weeks Read More »
Japanes public company Metaplanet has purchased an additional 23.35 Bitcoin worth around $1.6M.
Zksync, an Ethereum layer two (L2) network, has launched a community-driven governance system called ZK Nation. This system aims to enhance governance, security, and scalability through active community participation. Empowering Community Governance Firstly, the ZK Nation governance framework gives token holders significant influence over the Zksync protocol. Participants can propose and vote on protocol upgrades …
Zksync Introduces Community Governance with ZK Nation Read More »
In his recent predictions, Kiyosaki has forecasted that Bitcoin could reach $350,000 by the end of August 2024. He has also suggested that other cryptocurrencies, such as Ethereum (ETH) and Solana (SOL), may experience significant price increases. As of June 10, Bitcoin, Kiyosaki’s preferred asset, was trading at $69,255, showing modest gains over various periods. …
Iggy Azalea’s $MOTHER tokens might soon be used to pay for phones and services from the Australian rapper’s upcoming telecommunications company, enhancing the utility of a token issued less than a month ago. This move follows the utility increase using the $MOTHER merchandise store that is also about to be launched. In a follow-up tweet, …
Iggy Azalea’s $MOTHER token soon to be used to buy phones? Read More »
On June 7, the Arbitrum community approved a proposal to boost the gaming ecosystem with support from the Arbitrum Foundation. This initiative will distribute 225 million ARB tokens, worth about $222 million, over three years through the newly established Gaming Catalyst Program (GCP). Growthepie data indicates a notable rise in activity on the Arbitrum network, …
Arbitrum DAO dedicates $220M for gaming ecosystem Read More »
Binance, the world’s largest cryptocurrency exchange by trading volume, has reached a significant milestone, surpassing 200 million registered users. This achievement was announced on June 8, marking nearly seven years since the platform’s launch. Rapid Growth and Adoption With over 200 million users, Binance now represents approximately 36% of the global cryptocurrency user base, which …
Binance Reaches 200 Million Users, Eyes On 1 Billion Read More »
The Bitcoin DXY correlation has shown a significant impact on the cryptocurrency market. Recent market trends suggest that more downside action might be imminent. As the Dollar Index (DXY) continues to display its influence, the correlation between DXY and Bitcoin (BTC) has become increasingly evident. In the past few days, a short-term correction has been …
In May, RWA tokenization emerged as the leading crypto sector, surpassing major sectors like Ethereum (ETH) and Bitcoin (BTC) with a notable 58% performance. The surge was driven by significant developments and high-profile use cases that highlighted the increasing importance of RWA tokenization in the financial industry. We have already discussed the potential of this …
Friend.tech, a decentralized social media platform built on the Base network, announced the development of its own blockchain, Friendchain, in partnership with Conduit, a crypto-native infrastructure platform. The new blockchain will utilize $FRIEND, the platform’s native token, as its gas token. Friend.tech, which launched in August 2023, has quickly established itself as a significant player …
Friend.tech Unveils Friendchain, $FRIEND as Gas Token Read More »
