US spot Bitcoin exchange-traded funds recorded $561.8 million in net inflows on Feb. 2, ending a four-day streak of nearly $1.5 billion …
Category:
Blockchain
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Blockchain
$200 Million Deployed: Why Binances Bitcoin Conversions Havent Moved the Market
by Vivek Kumarby Vivek KumarBinance has completed two $100 million batches of stablecoin-to-Bitcoin conversions from its Secure Asset Fund for Users (SAFU), totaling $200 million or …
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Blockchain
One Bitcoin Chart Correctly Predicts the 5% Bounce — But 3 Metrics Now Question It
by Vivek Kumarby Vivek KumarThe Bitcoin price saw a short-term rebound after slipping to recent lows, gaining nearly 5% from its late-January bottom to test the …
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Assets in spot Bitcoin (BTC) ETFs slipped below $100 billion on Tuesday following a fresh $272 million in outflows. According to data …
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Blockchain
Bitwise to Acquire Chorus One as Crypto Staking Demand Accelerates
by Vivek Kumarby Vivek KumarBitwise Asset Management is reportedly acquiring institutional staking provider Chorus One, extending its push into cryptocurrency yield services. The acquisition adds a …
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Blockchain
Tethers $500 Billion Fundraising Retreat Stokes Speculation—Is an IPO Ever Coming?
by Vivek Kumarby Vivek KumarTether, issuer of the $185 billion USDT stablecoin, has dramatically scaled back its private fundraising ambitions. It raises doubts about a potential …
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Blockchain
Operator of Crypto-Fueled Dark Web Drug Market Sentenced to 30 Years
by Vivek Kumarby Vivek KumarIn brief Rui-Siang Lin operated Incognito Market, facilitating over $105 million in crypto-based narcotics sales across 640,000 transactions from October 2020 to …
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Aave Labs says it is sunsetting its “umbrella brand” Avara in the company’s latest move to refocus on decentralized finance and simplify …