The Bulls Are Back: Spot Bitcoin Inflows Surge With New Records

The Bulls Are Back: Spot Bitcoin Inflows Surge With New Records

[ad_1] Bitcoin bulls look to be firmly back in the driver’s seat following weeks of seeing BTC suffer a bearish sentiment with its price dips. The current bullish outlook for the flagship crypto is evident in the fact that the Spot Bitcoin ETFs are again recording an impressive amount of inflows.  Spot Bitcoin ETFs Record … Read more

MicroStrategy Slumps 14% After Short Seller Says Stock Trades at an Unjustifiable Premium to Bitcoin

MicroStrategy Slumps 14% After Short Seller Says Stock Trades at an Unjustifiable Premium to Bitcoin

[ad_1] “The days when MicroStrategy shares represented a rare, unique way to gain access to bitcoin are long over,” the note said, adding that “bitcoin is now easily obtainable through brokerages, crypto exchanges and more recently low fee exchange-traded products (ETPs) and exchange-traded funds (ETFs).” [ad_2] Source link

Dogecoin Bets Jump to $2B as Price Reaches Highest Level Since 2021

Dogecoin Bets Jump to $2B as Price Reaches Highest Level Since 2021

[ad_1] “Dear #Dogecoin, with X’s new payment branch being awarded more licenses in the U.S., many are speculating about the implementation of crypto payments in the platform,” Dogecoin developer @@mishaboar said in an X post Thursday. “Early this month, Elon said X is very close to landing a money transmitter license in California. Getting the … Read more

Sam Bankman-Fried Sentenced to 25 Years in Prison

Sam Bankman-Fried Sentenced to 25 Years in Prison

[ad_1] Defense lawyers argued, on the other hand, that Bankman-Fried didn’t intend to defraud customers, had shown remorse and had attempted to resolve FTX’s bankruptcy after it began, saying the DOJ’s proposal was extreme. Their supporting letters spoke more to Bankman-Fried as a person than to FTX and its collapse, with writers pointing to his … Read more

Ethereum's Rising Validator Count Is Causing Concerns, Fidelity Digital Assets Says

Ethereum's Rising Validator Count Is Causing Concerns, Fidelity Digital Assets Says

[ad_1] The rapidly rising validator count on the Ethereum blockchain following the Shapella upgrade in April last year is causing concerns about technical capacity and centralization, Fidelity Digital Assets wrote in a research report on Thursday. Fidelity noted that “with the lowered risk from increased liquidity, the active validator count has risen by 74%,” and … Read more

First Mover Americas: Tokenized Treasury Notes Surpass $1B

First Mover Americas: Tokenized Treasury Notes Surpass $1B

[ad_1] The market for tokenized U.S. Treasury debt is booming. The market value of Treasury notes tokenized through public blockchains like Ethereum, Polygon, Avalanche, Stellar and others has crossed above $1 billion for the first time, data tracked by Tom Wan, an analyst at crypto firm 21.co, show. Tokenized Treasuries are digital representations of U.S. … Read more