Auto Added by WPeMatico

ETF Inflows Surge: Bitcoin Rakes in $158M, Ether Funds Add $5M

According to the latest figures, bitcoin exchange-traded funds (ETFs) brought in $158.21 million in inflows on Thursday, while ether ETFs saw $5.24 million in deposits. Bitcoin, Ether ETFs Show Positive…

Continue ReadingETF Inflows Surge: Bitcoin Rakes in $158M, Ether Funds Add $5M

Ethereum Foundation Cashes Out: 300 ETH Sold in Latest Move

The AI-powered sleuth Spot On Chain dropped a bombshell on X today: the Ethereum Foundation just offloaded 300 ETH, pocketing a cool 763,092 DAI. “Overall, since the beginning of September,…

Continue ReadingEthereum Foundation Cashes Out: 300 ETH Sold in Latest Move

Singapore Crypto Exchange BingX Suffers Hot Wallet Exploit, Over $52M Reportedly Stolen

BingX, a Singapore-based crypto exchange, has suffered a hack targeting its hot wallets. The attack affected several blockchains, with Cyvers Alerts estimating a total loss of over $52 million. BingX…

Continue ReadingSingapore Crypto Exchange BingX Suffers Hot Wallet Exploit, Over $52M Reportedly Stolen

SEC Reviews Proposal for New Bitcoin, Ether ETF Custodians

The U.S. Securities and Exchange Commission (SEC) is seeking public input on a proposal by Cboe BZX Exchange to add new custodians for bitcoin and ethereum exchange-traded funds (ETFs). The…

Continue ReadingSEC Reviews Proposal for New Bitcoin, Ether ETF Custodians

Cryptoquant: Coinbase’s cbBTC Could Challenge Bitgo in Wrapped Bitcoin Market

This week, Cryptoquant researchers highlighted a new rivalry heating up in the wrapped bitcoin market, with Coinbase’s cbBTC stepping up to challenge Bitgo’s long-established reign. Coinbase’s Wrapped Bitcoin Token cbBTC…

Continue ReadingCryptoquant: Coinbase’s cbBTC Could Challenge Bitgo in Wrapped Bitcoin Market

Bitcoin Rockets to $63.8K: $6.36B in BTC Pulled From Exchanges in 30 Days

On Thursday, bitcoin (BTC) soared to a peak of $63,882, marking a 7.8% increase against the U.S. dollar over the past month. During this same period, approximately $6.36 billion worth…

Continue ReadingBitcoin Rockets to $63.8K: $6.36B in BTC Pulled From Exchanges in 30 Days

Over 75M Ordinal Inscriptions and $4.5B in Sales—Bitcoin Finds Its NFT Footing

In the last year and nine months since December 2022, more than 75 million Ordinal inscriptions have been minted on the Bitcoin blockchain, according to the latest statistics. This technology…

Continue ReadingOver 75M Ordinal Inscriptions and $4.5B in Sales—Bitcoin Finds Its NFT Footing

South Korea, Hong Kong Lead Crypto Market Growth in East Asia

East Asia’s cryptocurrency market is experiencing significant growth, driven by institutional adoption in South Korea and Hong Kong, according to a report by blockchain analytics firm Chainalysis. South Korea leads…

Continue ReadingSouth Korea, Hong Kong Lead Crypto Market Growth in East Asia

Bitwise Analyst Sees Ethereum’s Struggles as a Long-Term Opportunity

Ethereum is facing some of its toughest challenges, with market sentiment turning negative. The cryptocurrency’s performance has lagged, its regulatory outlook remains uncertain, and competition from newer blockchains like Solana…

Continue ReadingBitwise Analyst Sees Ethereum’s Struggles as a Long-Term Opportunity