Auto Added by WPeMatico

DeepSeek News Triggered $530M in Outflows Before Rapid Rebound: CoinShares

Investment in digital asset products saw total inflows of $527 million last week. However, intraweek flows revealed fluctuating investor sentiment, largely driven by broader market concerns, including the DeepSeek news,…

Continue ReadingDeepSeek News Triggered $530M in Outflows Before Rapid Rebound: CoinShares

Dormant Ethereum Whales Shift $400M to Bitfinex Before ETH’s 20% Drop

Two long-inactive Ethereum whales resurfaced after six years, moving an eye-popping 135,548 ETH valued at just under $400 million to Bitfinex hours before the crypto market came crashing down. The…

Continue ReadingDormant Ethereum Whales Shift $400M to Bitfinex Before ETH’s 20% Drop

a16z’s Chris Dixon Blames Policy Failures for Meme Coin Boom

Chris Dixon, founding partner at a16z Crypto, claims that misguided regulations fueled the meme coin explosion witnessed in 2024. The venture capitalist criticized the Biden administration’s approach to digital assets,…

Continue Readinga16z’s Chris Dixon Blames Policy Failures for Meme Coin Boom

Trump’s Executive Orders Spark $1.9B Weekly Investments in Crypto: CoinShares

Digital asset investments saw $1.9 billion in inflows last week, bringing YTD inflows to $4.8 billion. Presidential orders proposing Bitcoin as a reserve asset likely influenced this surge in investments.…

Continue ReadingTrump’s Executive Orders Spark $1.9B Weekly Investments in Crypto: CoinShares

Bullish Signal? Ethereum Sees Highest Surge in Network Growth Since October 2022

Despite the negative sentiment surrounding Ethereum in recent months, the crypto network has just recorded significant growth, the kind that has not been seen in more than two years. According…

Continue ReadingBullish Signal? Ethereum Sees Highest Surge in Network Growth Since October 2022

Ethereum Leads Blockchain Fee Revenue in 2024 with $2.48 Billion in Gas Fees

Ethereum topped all blockchains in fee revenue for 2024, generating $2.48 billion over the year. This strong performance in fees, however, contrasted with ETH’s price, which underperformed expectations during the…

Continue ReadingEthereum Leads Blockchain Fee Revenue in 2024 with $2.48 Billion in Gas Fees