Author: NBTC
U.S. spot Bitcoin spot ETFs posted their biggest daily inflows in nearly two months on Friday, although the market’s largest ETF did not contribute to the increase. Total inflows reached $263.1 million, the highest since July 22, when $485.9 million flowed into Bitcoin ETFs. This marks a significant recovery after two consecutive weeks of net negative inflows, with last week’s total reaching $403.8 million. Among notable ETFs, Bitwise’s BITB saw the third-largest inflow at $43.1 million. Bitwise CEO Hunter Horsley expressed his optimism in a post on X (formerly Twitter): “I’ve never been more optimistic about the path ahead for…
A Shiba Inu whale address contributes to the burning campaign with a massive 1.8 billion burn, but speculation suggests there might be a catch. The Shiba Inu community witnessed a surprising turn of events late last night following the incineration of a substantial amount of tokens. Notably, Shibburn, the community-driven Shiba Inu burn tracker, indexed the burn hours ago. Largest Shiba Inu Burn in Months On-chain data confirms that the transaction, which involved exactly 1,872,037,807 SHIB tokens valued at $35,643, occurred yesterday at 22:42 UTC. Interestingly, this transaction has triggered attention, being the largest single burn the community has recorded…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. We have a people problem in web3. Unfortunately, despite the promise of decentralization and data ownership, platforms still aren’t talking to each other very well. As a result, ingrained issues like identity management, data sovereignty, and privacy continue to trouble our nascent sector. You might also like: Creator economy 2.0: AI and web3 define the digital success | Opinion A unified framework is, therefore, key to unlocking web3’s true potential—one that bridges the data divide and provides…
Bitcoin (BTC) sentiment turned slightly bullish after a recent correction, testing the $60,000 psychological resistance. However, an analyst weighed in, warning that Bitcoin’s price chart “is bearish and says down” while explaining he is short. The short-seller is Alan Santana, a prominent cryptocurrency technical analyst who shared this idea on TradingView on September 11. Santana has updated his trading status, with the last update on Saturday, September 14, doubling down on the bearish bias. “Last time, the majority of the people were wrong. They believed Bitcoin was going up while very strong and clear signals were pointing to the contrary.…
Shiba Inu (SHIB) leads the market with a 21% surge, fueled by Shibarium’s growth, rising staking, and an aggressive burning strategy. Shiba Inu (SHIB) has emerged as the top performer among the leading cryptos, witnessing a 21% price surge in the last 24 hours. According to CoinGecko, SHIB is currently trading at approximately $0.00001912. This price movement comes amid growing activity within the Shiba Inu ecosystem, highlighting the potential impact of recent developments on its market dynamics. Rising Market Cap And L2 Surge SHIB’s market capitalization saw a dramatic rise, adding $3.3 billion in value within a day, positioning it…
Crypto leaders shared their top Layer 1 blockchain picks at the recently concluded Token 2049 event held in Singapore. Solana, Ethereum, Ton, and Sui were among the favorites, with experts highlighting their strengths and potential. A YouTube video by Altcoin Buzz has now featured the insights from industry figures like John Mullin of Mantra DAO, Aleksander Larsen of Sky Mavis, Mario Casiraghi of SingularityNET, and Charles d’Haussy of the dYdX Foundation on the pros and cons of Solana and Ethereum, as well as rising stars like Ton and Sui. Here’s what they had to say: Solana and Ethereum Leads in…
A significant transaction has occurred in the cryptocurrency market as a whale recently bought 1,062 Bitcoin on Binance, valued at $64 million, according to Ash Crypto, a well-known crypto trader and analyst. This massive holding establishes that the whale indeed holds significant power in the market and owns a big proportion of Bitcoin. 🚨 BREAKING 🚨 A WHALE BOUGHT 1062 BITCOIN WORTH $64 MILLION ON BINANCE.THIS WHALE NOW HOLDS 10,043 BTC WORTH $600 MILLION 🔥 pic.twitter.com/4eDJcQzZbc — Ash Crypto (@Ashcryptoreal) September 14, 2024 Whale Accumulates 10,043 Bitcoins Worth $600 Million After this latest transaction, the whale now possesses 10,043 Bitcoins,…
Boerse Stuttgart Digital has partnered with Amazon Web Services to enhance its crypto infrastructure, enabling European financial institutions to scale their offerings. Boerse Stuttgart Digital, a German crypto infrastructure hub powered by Boerse Stuttgart Group, has entered into a partnership with Amazon Web Services to enhance its offerings for European financial institutions as the demand for crypto services continues to rise. In a Monday press release, Oct. 14, the Stuttgart-headquartered company said the collaboration aims to improve the scalability of its solutions, designed for traditional banks, brokers, and asset managers. The company says the collaboration was born in response to…
Shytoshi Kusama, the pseudonymous SHIB lead, has taken to his official account on the X social media app (widely famous as Twitter in the past) to deliver a mysterious message to the global Shiba Inu community. Kusama posts bullish anime GIF as SHIB breaks out In line with his general style largely based on the Eastern (Japanese in particular) culture, resembling a bright mixture of Eastern philosophy and anime, Kusama published an anime GIF. In this animated image, the character looks at the screen of his smartphone and smirks. This seems to be showing Kusama’s satisfied and bullish mood as…
Hyve, a pioneer player in the blockchain industry, has announced its data availability solution, HyveDA. This protocol boasts a minimum benchmark of 1 GB/s throughput, outpacing current market standards by an impressive 100 times. Moreover, HyveDA is built on the fundamental principle of “Don’t trust, verify,” aligning with the core values of blockchain technology. Hyve Aiming for Increased Throughput HyveDA is set to expand its capabilities as the network matures, targeting a throughput of over 50 GB/s. This ambitious goal is driven by the growing demand for efficient data availability solutions in the decentralized ecosystem. With its unique design, HyveDA…