News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Bear market comments are being bandied about on crypto social media again as markets continue to retreat.
The iShares Bitcoin Trust (IBIT) has seen two-day inflows reach $184.5 million — and is also the only U.S. spot Bitcoin ETF to see inflows so far this week.
Powerhouse web3 brand Bored Ape Yacht Club has seen the floor price for its once-celebrated NFTs reach its lowest point since August 2021. The floor price has declined by more than 90% from its all-time high, which it hit almost exactly two years ago.
LBBW’s crypto custody offering is expected to launch in the second half of 2024.
The US spot bitcoin fund category has notched negative net flows over the course of a week just three times since coming to market in January
EigenLayer recently launched on the Ethereum mainnet. One of the main ways to get into EigenLayer is to contribute to securing Ethereum. This is an excerpt from The Block’s Data & Insights newsletter.
- 11:00Analyst: It seems reasonable for Amazon to keep a "small portion" of its cash in BitcoinAccording to The Washington Post, Morningstar analyst Dan Romanoff stated that although gold is typically considered the most suitable asset for hedging against inflation, Bitcoin might be a more useful tool for this purpose. Over the past five years, both Bitcoin and gold have appreciated in price beyond inflation, with Bitcoin's increase being much larger. Dan Romanoff believes that despite there not being much historical data on how cryptocurrencies perform during different economic cycles, it could be reasonable to make small investments in Bitcoin. He added: "If Amazon can keep a small portion of cash in Bitcoin, it seems quite sensible."
- 10:59Data: Over the past 2 days, nine new wallets have transferred out more than 362,000 LINK from CEXAccording to Lookonchain monitoring, in the past 2 days, 9 new wallets have withdrawn 362,380 LINK (approximately 8.19 million USD) from CEX.
- 10:30Bellede has transferred a total of approximately 9 million USDC to Ondo Finance this weekAccording to Arkham monitoring, this week BlackRock's BUIDL Fund has transferred a total of approximately 9 million USDC to the Ondo Finance marked address. Previous news suggests that due to the Trump family's cryptocurrency project WLFI increasing its holdings in ONDO, the token once broke through $2 this week, setting a new historical high.
