Author: NBTC
US crypto ETFs have registered massive net cash inflows of $655.9 million in the last seven days. That is according to the latest data shared by Phoenix Group today. During this period, spot Bitcoin ETFs registered bigger amounts of inflows worth $588.2 million. Spot Ethereum ETFs also recorded significant net inflows of $68 million over the same duration. Collectively, US crypto ETFs currently manage $136.06 billion in assets under management (AUMs). While Bitcoin funds now control a whopping $124.5 billion in AUMs, Ethereum ETFs AUMs reach $11.5 billion as of today, January 31, 2025. CRYPTOCURRENCY ETFs OVERVIEW (30D) #iShares #FidelityWiseOrigin…
An XRPL ammendment that will pave the way for the creation of an XRP/RLUSD AMM pool has achieved validator approval. The XRP Ledger (XRPL) community has approved a significant amendment to allow the creation of automated market maker (AMM) pools for RLUSD. This change comes as the XRPL ecosystem seeks to boost XRP liquidity and support wider adoption of Ripple’s stablecoin. AMM Clawback Amendment Hits Validator Approval The AMMClawback amendment, which recently gained over 85% approval from XRPL validators, will specifically allow tokens with a clawback feature, like RLUSD, to be used in AMM pools. This comes ten months after…
The Web3 ecosystem gained an exciting development when Unmarshal 2.0 formed a strategic partnership with SocialTox which operates as a decentralized traffic platform. Through this partnership Unmarshal integrates its state-of-the-art blockchain data solutions with SocialTox to provide better decentralized traffic capabilities for users and developers. 📢 New Partnership Announcement 📢We’re excited to announce our partnership with @SocialTox ! 🚀This collaboration brings Unmarshal’s advanced blockchain data solutions to TOX’s decentralized traffic platform, empowering both users and developers. pic.twitter.com/JNcJwLz17K — Unmarshal 2.0 | Mainnet⌛️ (@UnmarshalAI) January 31, 2025 Powering Web3 with AI-Powered Blockchain Solutions Unmarshal 2.0 operates as an AI-powered blockchain data…
Bitcoin Price Analysis: A Closer Look at the Current Trends Over the past week, the Bitcoin price fell below the psychologically significant $100K level, a move that rattled investor confidence. As of now, Bitcoin is trading at $94,500, marking a 4% drop over the past 7 days. Despite this recent decline, prices appear to have found some stability near the $95,000 mark, offering a momentary reprieve for traders. Key Metrics at a Glance: Current Bitcoin Price: $94,500 24-hour Trading Volume: $18.5 billion 7-day Performance: -4% BTC/USD 4-hours chart – TradingView This stabilization suggests that market participants are carefully weighing their…
WeBank shared its plans to tap into the expanding Web3 market in Hong Kong. According to reports, the Tencent-backed lender wants to use its subsidiary to leverage the growing market in the city. The move was confirmed by an executive of the firm as it looks to establish itself in Hong Kong, a region that has long served as a virtual asset hub. Using its WeBank Technology Services that launched this month, the company’s executive, Henry Ma mentioned in an interview that the firm plans to be deeply involved in the developing Web3 infrastructure in Hong Kong. Ma also mentioned…
Phoenix Group provided recent data about Layer-1 blockchain project engagement levels based on social activity levels. Social engagement metrics such as likes, comments, and shares assess the dominance of these blockchain networks among cannabis industry stakeholders. Bitcoin ($BTC) ranks as the most popular Layer-1 blockchain because it had 143.3K engaged posts and 195.2M interactions across social media during the last 24 hours. Bitcoin’s adoption and strong influence across the cryptocurrency world drive its leading social activity performance. TOP #LAYER1 PROJECTS BY SOCIAL ACTIVITY$BTC $SOL $ETH $ADA $SUI $BNB $KAS $HBAR $INJ $AVAX pic.twitter.com/ElT6qqGybj — PHOENIX – Crypto News & Analytics…
On Jan. 12, 2025, bitcoin’s price has been drifting within the $95,000 range, while market participants on prediction platforms such as Kalshi and Polymarket are placing their bets on its future trajectory. Currently, a Polymarket wager suggests a 12% likelihood that bitcoin could climb to $120,000 by the close of the month. Kalshi and Polymarket Forecast Bitcoin’s 2025 Price: Short- and Long-Term Bets Looking ahead to 2025, expectations are high. According to the Chinese Zodiac, this is the Year of the Wood Snake, a time symbolizing growth and strategic foresight. One strategy drawing significant attention is whether President-elect Donald Trump…
The official Dogecoin account on the X platform has cited Elon Musk’s recent tweet, where he talked about money and the economy in general. The DOGE team has basically agreed with the world’s most influential Dogecoin lover and added a thing about memes. Money is just a metaphor for value that exists in the minds of those who utilize it. A meme if you will.🙃 https://t.co/ZMBsNXFveb — Dogecoin (@dogecoin) February 1, 2025 DOGE team reacts to Musk’s statement Elon Musk reposted a video excerpt from his interview where he speaks about various subjects, including money and economy. In that video,…
A massive $108 million worth will unlock between January 20th and January 26th. This comes as the digital asset sector recovers from last week’s sell-off. The unlocking is led by Immutable (IMX), a layer-two scaling solution for NFTs on Ethereum, and Altlayer (ALT), a decentralized protocol for rollups. According to a post on X (formerly Twitter) by Tokenomist (previously known as TokenUnlocks), the $108 million worth of unlockings will begin with ApeX (APEX) on January 20th. A significant 10 million APEX tokens (18.71% of circulating supply) worth $18.80 million will be unlocked alongside $1.06 million worth of Galxe (GAL) tokens.…
Stability World AI and DeAgent AI have integrated to enable users to achieve superior results with AI-powered automation solutions. Through this strategic collaboration, users will gain access to improved AI-driven solutions. Additionally, it operates across decentralized finance (DeFi), trading automation, and Web3 application fields. DeAgent AI functions as an autonomous decentralized framework that allows users to execute various tasks through AI agents. 🚨 Partnership Announcement: Stability World AI x DeAgent AI 🚨We’re thrilled to announce our partnership with @DeAgentAI , a cutting-edge decentralized AI Agent protocol revolutionizing the way users interact with AI-powered automation! 🤖🎆🔹 About DeAgent AI:DeAgent AI is……