[ad_1] BlackRock iShares Bitcoin Trust ETF (IBIT) has won the “Best New ETF” recognition and also took home the title of “Crypto ETP of the Year.” Nate Geraci, President of the ETF Store, called attention to this development in a tweet. The scale and speed of the iShares Bitcoin Trust ETF’s asset accumulation set it apart within the Bitcoin ETF ecosystem. Since its launch in January 2024, the fund has grown into a dominant player, reaching $50 billion in assets quicker than any predecessor. ‘Feels Right to Me’ Bloomberg ETF analyst Eric Balchunas said the ETF.com award outcome felt right…
Author: NBTC
[ad_1] This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Crypto investment products notched net inflows of $3.4 billion from April 21-25, a CoinShares report highlighted — the largest influx since December and the third-biggest weekly haul ever. Nearly $3.1 billion went into US spot bitcoin ETFs, according to Farside Investors data. Their Ethereum counterparts got some love too, as the $183 million of net inflows broke an eight-week outflow streak. “We believe concerns over the tariff impact on corporate earnings and the dramatic weakening of the US dollar are the reasons investors have turned…
[ad_1] In a recent social media post, Peter Todd, the prominent Canadian Bitcoin developer who was identified as the likeliest Satoshi Nakamoto candidate in a 2024 HBO documentary, took to social media to slam Ripple after a backdoor was spotted in the JavaScript library used for the XRP Ledger (XRPL). Todd recalled that he had warned about such a vulnerability a decade ago. As reported by U.Today, Ripple CTO David Schwartz recently warned about malicious code in the library that was initially spotted by Aikido Security. The backdoor made it possible to send private keys to a suspicious domain, which…
[ad_1] Mastercard is moving deeper into the digital asset economy by launching new global capabilities to support stablecoin payments across its vast merchant network, the company announced Monday. The payments giant is working with crypto exchange OKX to roll out the “OKX Card,” aimed at linking crypto trading and Web3 activities with everyday spending. Meanwhile, merchants will soon be able to settle transactions directly in stablecoins such as Circle’s USDC, thanks to collaborations with Nuvei and Circle. Paxos will help extend this functionality to other supported stablecoins like USDP. “When it comes to blockchain and digital assets, the benefits for…
[ad_1] Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. MultiBank Group’s MBG token bridges traditional finance and DeFi, offering a combination of innovation, stability, and long-term growth potential. Table of Contents Deflationary tokenomics: Fuel for growth Growth potential: Early-stage opportunity Building trust with institutional investors Bridging TradFi and DeFi: The MBG advantage Comparing MBG to other major exchange tokens: A detailed look Conclusion: Why MBG is the future of finance In a rapidly evolving crypto market, the tokenomics and ecosystem around MultiBank Group’s MBG token offer a…
[ad_1] For every 1 bitcoin (BTC) sold by short-term holders, long-term holders (LTHs) have accumulated 1.38 BTC in a clear sign of their commitment as the largest cryptocurrency continues to recover. Since bottoming out in January, LTHs have amassed 635,340 BTC, bringing their total holdings to 13,755,722 BTC, according to Glassnode data. Defined as those who have held bitcoin for at least 155 days, this cohort tends to accumulate during periods of market weakness and sell into strength. In contrast, short-term holders (STHs) — those who acquired BTC within the last 155 days — have distributed 460,896 BTC, often through…
[ad_1] PancakeSwap has just unveiled “PancakeSwap Infinity,” a major rebrand and upgrade to its DEX as CAKE price records a slight 3,5% uptick. According to an official announcement, PancakeSwap (CAKE) has rebranded PancakeSwap v4 to PancakeSwap Infinity. Initially launching on BNB Chain, PancakeSwap Infinity plans to expand to other blockchains in the future. The rebrand rolls out with a major upgrade, which introduces several technical improvements intended to improve trading experience and liquidity provision. First off, the update includes support for multiple liquidity pool types, enabling liquidity providers to choose between concentrated liquidity and simpler models based on their strategies.…
[ad_1] U.S. stocks were little changed Monday as Wall Street braced for a wave of major earnings reports and key economic data releases. The S&P 500 and Nasdaq Composite hovered near the flatline, while the Dow Jones Industrial Average gained 114 points, or 0.28%. Shares of major tech firms — Amazon, Apple, Meta Platforms, and Microsoft — briefly slipped during the session as investors prepared for their upcoming quarterly results. Apple and Meta later recovered, rising 1% and 0.8% respectively. Microsoft edged up 0.2%, while Amazon declined 0.3%. Earnings for the prior quarter have been moderately strong, with 73% of…
[ad_1] Cardano (ADA) founder Charles Hoskinson ignited debate on Wednesday. The head of Input Output Global (IOG) claimed that Cardano had been completed, adding that he has been working on the project without any financial compensation since 2020. By completing Cardano, Hoskinson meant that the network had fulfilled the original contractual obligations set out for IOG upon Cardano’s launch in 2015. Charles Hoskinson’s ‘Completed’ Cardano Claim Sparks Community Backlash Hoskinson’s remarks stem from the expiration of IOG’s original contract that started with the Genesis Block Distribution in 2015. “Cardano has been completed. The original contract expired in 2020. I’ve been…
[ad_1] The company behind the STEPN move-to-earn app partnered with MasterCard, enabling users to spend GMT tokens almost anywhere. Crypto projects are stepping up their integration with traditional finance. On April 28, FSL, the Web3 firm behind the move-to-earn app STEPN (GMT), partnered with MasterCard to launch its own GMT Pay network. The card will enable users to use their GMT and GGT tokens directly for purchases, anywhere in the world. Why choose GMT Pay?Turn your crypto into real-world spending power with the GMT Pay app – available now for everyone!✅ Instant card activation✅ Global availability✅ Apple Pay & Google…