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

Solana to Rip? Elon Musk Reportedly Planning a Blockchain Revolution for US Government

Musk has begun to discuss using blockchain technology to streamline the government’s IT systems and cut unnecessary costs, according to recent reports. To wit, Musk is the new president’s official…

Continue ReadingSolana to Rip? Elon Musk Reportedly Planning a Blockchain Revolution for US Government

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

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