BlackRock’s iShares Bitcoin Trust (IBIT) has secured the third-highest year-to-date inflows among US ETFs in 2024, attracting $26.174 billion. With a year-to-date return of 48.52% and assets under management reaching $30.1 billion, IBIT has outperformed many traditional ETFs in both inflows and performance. Further, IBIT’s YTD return is almost double the next highest from any …
Monthly archives: November 2024
Bankrupt FTX targets Crypto.com in $11 million lawsuit amid recovery effort
Bankrupt FTX has filed a lawsuit to recover at least $11 million held in a Crypto.com account linked to its sister company, Alameda Research, according to a Nov. 8 filing. FTX alleges that before filing for bankruptcy, Alameda held an account at Crypto.com registered under the name Ka Yu Tin, also known as Nicole Tin. …
Continue reading “Bankrupt FTX targets Crypto.com in $11 million lawsuit amid recovery effort”
Ethereum ecosystem treasuries top $22 billion, with resources poised to support network’s future growth
The Ethereum Foundation (EF), a nonprofit supporting Ethereum’s blockchain ecosystem, has released its 2024 annual report detailing financial updates, treasury holdings, and recent policy initiatives. The report highlighted the organization’s budget breakdown, spending from recent years, and new policies designed to foster transparency and integrity across the Ethereum ecosystem. Treasury holding As of Oct. 31, …
Record-Breaking Day for Bitcoin ETFs With $1.38 Billion Inflows
U.S. spot bitcoin exchange-traded funds (ETFs) saw a record-breaking $1.38 billion inflow on Nov. 7. ETF Investors Want More Bitcoin The staggering inflow of $1.38 billion into bitcoin ETFs set the record for largest single day inflow so far. According to data from Sosovalue, 8 of the 12 listed bitcoin ETFs saw inflows with Blackrock‘s …
Continue reading “Record-Breaking Day for Bitcoin ETFs With $1.38 Billion Inflows”
Ethereum Foundation: ETH Holdings in Treasury Represent 0.26% of Total Supply
The Ethereum Foundation has released a report detailing its $970.2 million treasury, primarily held in ether. The report outlines the foundation’s strategy of selling ETH during bull markets to fund ecosystem projects during bear markets. Rationale Behind Ethereum Foundation’s ETH Sales The Ethereum Foundation (EF), the non-profit organization supporting the Ethereum ecosystem, has unveiled a …
Continue reading “Ethereum Foundation: ETH Holdings in Treasury Represent 0.26% of Total Supply”
Bitcoin Price Keeps Rising: BTC Tops $75,000 and Pepe Unchained ICO Reaches $25.5 Million
Bitcoin (BTC) smashed through $76,000 yesterday and has remained above this key threshold following Trump’s election win this week. Meanwhile, new meme coin project Pepe Unchained (PEPU) has just hit $25.5 million in its ICO – with investors rushing to secure discounted tokens. Bitcoin Posts New All-Time High as Trading Volumes Explode to $59B Bitcoin’s …
QCP Capital: Trump’s Election Win Impacts Crypto and Treasury Markets
QCP Capital reports that the 2024 U.S. presidential election outcome is significantly influencing both cryptocurrency and treasury markets. QCP Highlights Trump Victory’s Effect on Bitcoin and Treasury Yields Highlighting a Positive Feedback Loop According to QCP Capital’s latest market updates, Donald Trump’s success in the 2024 presidential race has sparked notable financial shifts. The dollar …
Continue reading “QCP Capital: Trump’s Election Win Impacts Crypto and Treasury Markets”
Trump and Musk’s Proposed ‘D.O.G.E’ Agency Sends This Meme Coin Soaring
With Donald Trump winning the presidential election and Elon Musk set to head the administration’s newly proposed Department of Government Efficiency (D.O.G.E) agency, a meme coin with the same acronym has made a significant leap in value. Musk’s Efficiency Agency Proposal Powers an Ethereum-Based Meme Coin Today, the meme coin market shines once again, up …
Continue reading “Trump and Musk’s Proposed ‘D.O.G.E’ Agency Sends This Meme Coin Soaring”
German Government Collapses, Plunging Economy Into Unprecedented Uncertainty
Germany’s economic troubles deepen as the ruling coalition disintegrates, exacerbating issues like shrinking investment and consumer confidence. Chancellor Olaf Scholz dismissed Finance Minister Christian Lindner, signaling a potential snap election. Germany’s economy, already struggling with high energy costs and lagging EU growth since 2018, is expected to contract for a second consecutive year, making it …
Continue reading “German Government Collapses, Plunging Economy Into Unprecedented Uncertainty”
LBank’s First Launchpool: Join Cellula (CELA) and Earn Rewards With No Staking Required
PRESS RELEASE. LBank, as a leading global cryptocurrency exchange, has recently unveiled the introduction of Cellula (CELA) on its Launchpool. The CELA sale is scheduled from November 8 to November 14, with its listing on LBank spot market set for 10:00 (UTC) on November 14, 2024. Among this, users can participate simply by holding USDT …
US City Handing $600,000 To Residents As New Guaranteed Income Pilot Witnesses ‘Astounding’ Demand
A group of residents in one US city will soon receive thousands of dollars from a new guaranteed income pilot program. Officials in the city of Salem, Massachusetts say they had to abruptly close registrations for Uplift Salem due to an “astounding” amount of demand. The program will distribute a total of $600,000 to people …
Analyst Says Low-Cap Ethereum-Based Altcoin Is Looking Exceptionally Strong, Updates Outlook on Aave and Pepe
A closely followed crypto analyst believes that one Ethereum (ETH) restacking protocol is starting to look extremely bullish. Pseudonymous analyst Altcoin Sherpa tells his 226,300 followers on the social media platform X that Eigenlayer (EIGEN) may continue to surge for several factors. “One coin/trade I haven’t seen on the timeline at all is EIGEN. ETH …
Investor Dan Tapiero Says Ethereum Is Too Cheap, Predicts ETH Will Explode by Over 171% – Here’s His Timeline
Macro investor and fund manager Dan Tapiero believes Ethereum (ETH) is severely undervalued in the current market. The CEO of investment firm 10T Holdings tells his 120,000 followers on the social media platform X that ETH could soar by 171% from its current value as decentralized finance (DeFi) crypto projects built on its blockchain could …
OORT’s Max Li emphasizes blockchain’s role in AI trust and ethics revolution
In a recent SlateCast episode, Max Li, Founder and CEO of OORT, joined CryptoSlate’s Editor-in-Chief Liam “Akiba” Wright and CEO Nate Whitehill to discuss the transformative potential of decentralization in artificial intelligence (AI). As AI systems become increasingly integrated into daily life, OORT’s blockchain-powered data infrastructure aims to address growing concerns around transparency, privacy, and …
Continue reading “OORT’s Max Li emphasizes blockchain’s role in AI trust and ethics revolution”
Coinbase’s Brian Armstrong champions ‘crypto mom’ Hester Peirce for SEC chair
Coinbase CEO Brian Armstrong has voiced his support for Securities and Exchange Commissioner (SEC) Hester Peirce‘s appointment to lead the agency during President Donald Trump‘s second term. Armstrong’s comments, shared on Nov. 8 through a post on X, described Peirce as “smart, fair, professional,” and capable of bridging both sides of the political spectrum. He …
Continue reading “Coinbase’s Brian Armstrong champions ‘crypto mom’ Hester Peirce for SEC chair”