Auto Added by WPeMatico

Permissionless Restaking Protocol Symbiotic Launches Raising $5.8 Million in Seed Round

Symbiotic, a permissionless restaking protocol, has recently launched, allowing other protocols to provide shared security through asset restaking. At the same time, Symbiotic announced it had raised $5.8 million in…

Continue ReadingPermissionless Restaking Protocol Symbiotic Launches Raising $5.8 Million in Seed Round

US Spot Bitcoin ETFs Reverse Outflows With $100M Inflows

U.S. spot bitcoin exchange-traded funds (ETFs) experienced inflows on Wednesday, following two consecutive days of outflows. The 11 ETFs trading in the United States amassed $100.9 million, with Fidelity’s FBTC…

Continue ReadingUS Spot Bitcoin ETFs Reverse Outflows With $100M Inflows

US Bitcoin ETFs See $200 Million Outflow; Grayscale Leads With $121 Million

U.S. spot bitcoin exchange-traded funds (ETFs) witnessed $200.31 million in outflows on Tuesday following the $64 million in outflows the day prior. Grayscale’s Bitcoin Trust (GBTC) shed the most with…

Continue ReadingUS Bitcoin ETFs See $200 Million Outflow; Grayscale Leads With $121 Million

Squads Labs Raises $10 Million in Series A Round, Launches Fuse Smart Wallet

Squads Labs, the team behind the Squads Solana-based smart accounts protocol, the Squads app, and the smart account-enabled wallet Fuse, announced it raised $10 million in its Series A funding…

Continue ReadingSquads Labs Raises $10 Million in Series A Round, Launches Fuse Smart Wallet

Surge in Digital Asset Investments Following SEC ETF Approvals, Coinshares Reports

Digital asset investment products have witnessed significant inflows totaling $2 billion, marking a strong five-week streak that accumulates to $4.3 billion. As reported by Coinshares, this surge aligns with increased…

Continue ReadingSurge in Digital Asset Investments Following SEC ETF Approvals, Coinshares Reports

Blackrock’s IBIT Leads as US Spot Bitcoin ETFs Enjoy 19th Day of Inflows

U.S. spot bitcoin exchange-traded funds (ETFs) marked their 19th straight day of inflows on Friday, gathering $130.99 million. Blackrock’s IBIT was once again at the forefront, with net inflows amounting…

Continue ReadingBlackrock’s IBIT Leads as US Spot Bitcoin ETFs Enjoy 19th Day of Inflows

Roaring Kitty Livestream Draws 700,000 Viewers Despite Gamestop’s Plunge

On Friday, the prominent investor Keith Gill, known by his online alias “Roaring Kitty,” conducted a livestream, arriving 25 minutes late and covered in bandages. Gamestop shares tumbled 39.38% on…

Continue ReadingRoaring Kitty Livestream Draws 700,000 Viewers Despite Gamestop’s Plunge

Bitcoin Hedge Fund Shorts Reach New High Amid Price Fluctuations

Amid Friday’s downturn, following bitcoin’s decline to $68,450, the latest Commitments of Traders (COT) report from the Commodity Futures Trading Commission (CFTC) indicates that hedge funds are placing substantial bets…

Continue ReadingBitcoin Hedge Fund Shorts Reach New High Amid Price Fluctuations

ETFs See 18 Days of Gains: Blackrock’s Bitcoin Holdings Surpass 300,000

Blackrock, the world’s largest asset manager, now holds more than 300,000 bitcoins following $217.7 million in positive inflows from all of the U.S. spot bitcoin exchange-traded funds (ETFs). Thursday’s inflows…

Continue ReadingETFs See 18 Days of Gains: Blackrock’s Bitcoin Holdings Surpass 300,000