Protocol Village: Quai Releases Mainnet-Compatible Devnet, Crunch Lab Raises $3.5M
[ad_1] The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 15-21, 2024. [ad_2] Source link
Blackrock’s IBIT Propels US Spot Bitcoin ETFs to $124M Inflows on Monday
[ad_1] U.S. spot bitcoin exchange-traded funds (ETFs) attracted $124.13 million on Monday, elevating the total net inflows to $17.71 billion. Data indicates that $2.68 billion was traded during Monday’s sessions, with Blackrock’s IBIT emerging as…
Blackrock CEO Larry Fink Explains Why Everyone Should Consider Bitcoin in Portfolios
[ad_1] Larry Fink, the CEO of Blackrock, the world’s largest asset manager with $10.5 trillion in assets under management, has explained why he shifted from skepticism to advocacy for bitcoin, viewing the cryptocurrency as “digital…
German Government Sells $220.7M in Bitcoin, Retains $1.3B Reserve
[ad_1] According to the latest tally, onchain data collected at 12 p.m. EDT on July 9 indicates that the German government has sold 3,840 BTC valued at $220.7 million since 4:30 p.m. EDT on July…
Bitcoin (BTC) Price Dips to $55K as German Government Moves Another $500M of Assets
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Two More Sleeping Bitcoin Addresses Wake From Slumber, Moving 1,045 BTC
[ad_1] Two days ago, a dormant bitcoin wallet moved over 1,000 bitcoins on July 5, and since then, two more notable awakenings have occurred in the past 48 hours. On Saturday, an address created in…
Bitcoin (BTC) Price Decline Spurs Buying of Spot ETFs
[ad_1] As for price action, bitcoin has seen a very modest of bounce since tumbling from nearly $61,000 Wednesday to under $54,000 early Friday, currently trading back to $56,800. That’s down 6% from the week-ago…
Bitcoin (BTC) Price Slumps Below $58K Amid Mt. Gox, German Government Wallet Movements
[ad_1] “Among the top reasons for the price drop was the German government moving more than $50 million to crypto exchanges, creating sell speculation in the market,” Lucy Hu, a senior analyst at crypto investment…
Long Dormant Whale Sends $61M BTC to Coinbase, OnChain Data Shows
[ad_1] The so-called old hands have been selling coins this quarter, adding to bearish pressures in the market. [ad_2] Source link
Korean Researcher Says Benefits of Spot Crypto ETFs Are Outweighed by Potential Harm
[ad_1] A researcher with the Korean Institute of Finance has warned South Korea against introducing spot cryptocurrency exchange-traded funds (ETFs) because these may pose risks to financial stability. The introduction of spot crypto ETFs could…