Global ETFs According to Bold.report data, all Bitcoin exchange-traded funds (ETFs) collectively hold over one million Bitcoin, a milestone first achieved on March 12. These ETFs are distributed across several countries, including the US, Sweden, Hong Kong, Germany, Switzerland, Canada, Brazil, and Australia. US-based ETFs lead the pack, with Grayscale GBTC holding roughly 292,000 BTC, …
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Justin Sun, Tron’s blockchain founder, has called on the crypto community to support a pro-crypto candidate in the forthcoming US presidential elections in November. Sun made this appeal in a May 26 social media post, emphasizing the importance of aligning with a candidate who endorses cryptocurrencies to ensure the industry’s voice is heard and interests …
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Quick Take Data from The Block shows that as of May 2024, hedge funds have taken a notable bearish stance on Bitcoin, holding the largest net short positions in CME Micro Bitcoin Futures since the end of 2021. These micro contracts, each representing 0.1 BTC, cater to traders seeking precise exposure with lower capital requirements …
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Dabba, a decentralized physical infrastructure network (Depin), has announced it will deploy 10,000 new wifi hotspots globally, aiming to enhance internet accessibility in underserved Indian regions. This expansion coincides with the upcoming token generation event on the Solana blockchain scheduled for July. Dabba’s Depin Initiative Targets India with 10,000 Wifi Hotspots The initiative, dubbed season …
The crypto economy has had a decent week filled with gains as bitcoin rose 2.8% and ethereum jumped by 27% this past week. The week’s biggest leader, however, was pepe (PEPE) which rose 78.5% over the seven-day run. Broad Crypto Market Gains Nearly two dozen crypto assets witnessed double-digit gains this past week with PEPE …
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A new AI-powered crypto project is turning heads and raking in millions during its presale. Called WienerAI (WAI), this meme coin with a twist has already raised $3 million by combining a hilarious meme design with an advanced crypto trading bot. WienerAI – The AI-Powered Meme Coin with Real Utility WienerAI is a new meme …
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The Portuguese footballer Cristiano Ronaldo has informed his 111 million followers on the social media platform X to prepare for the unveiling of his latest collection of non-fungible tokens (NFTs) on Binance. In a post dated May 24, Ronaldo encouraged his followers who are eager to relive the NFT journey to register for his fourth …
Normie, a meme coin launched on Base, suffered an exploit that took its market capitalization from almost $42 million to $1 million. The exploiter sent a message offering to keep 10% of the ETH exploited, and demanding that the remaining 90% and the 600 ETH still present in the wallet of the token developers be …
Ethereum’s price on May 27, 2024, stands at $3,908, reflecting a strong upward trend in the recent trading sessions. Ether’s intraday range has been between $3,795 to $3,953 over the past 24 hours. Ethereum Ethereum’s 1-hour chart reveals a steady upward trend starting from May 26, peaking at approximately $3,953. After reaching this peak, the …
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PRESS RELEASE. Dublin, Ireland — May 27, 2024 — ETH Ireland, the team behind Ireland’s first web3 hackathon and conference, builds on the success of last year’s event with repeat sponsorship from the Fidelity Center for Applied Technology (FCAT). Throughout the hackathon and conference, there will be eight workshops to support the various bounties available, …
Billionaire venture capitalist Chamath Palihapitiya believes that the US economy is already in the midst of a downturn. In a new episode of the All-In Podcast, Palihapitiya explores why more than half of Americans believe the economy is in a recession even though the GDP rose by 1.6% last quarter. According to Palihapitiya, the negative …
A crypto whale was spotted over the weekend scooping up massive amounts of altcoins from the Ethereum ecosystem following the listing approval spot ETH exchange-traded funds (ETFs) from the U.S. Securities and Exchange Commission (SEC). First reported by blockchain tracking firm Lookonchain, a whale with a series of wallets bought Ethereum just above the $3,000 …
A closely followed crypto strategist who’s been bullish on Solana (SOL) for the past year is suddenly flipping bearish on the Ethereum (ETH) rival. In a new video, pseudonymous analyst Bluntz tells his 259,600 followers on the social media platform X that Solana appears to have completed a five-wave rally. Bluntz practices the Elliott Wave …
The recent approval of Ethereum (ETH) spot exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) has sparked a surge in the cryptocurrency’s price, with ETH trading above $3,900 as of May 27, 2024. This bullish trend has been fueled by the anticipation of significant inflows into the newly-approved ETFs, as well as …
Ethereum’s price has climbed to a two-month high of more than $3900 less than a week after the US Securities and Exchange Commission (SEC) approved 19b-4 filings for eight spot exchange-traded funds (ETF)-related to the digital asset. This caps a week of positive performance for Ethereum, significantly outpacing the top 10 cryptocurrencies by market capitalization. …
