Fidelity ETF (FBTC) is one of the pioneer spot Bitcoin ETFs. It has a 0.25% (0% fee waived until Aug. 1, 2024), and its Bitcoin holding is around 167,589 BTC in self-custody. However, it had a streak of bad moments…
Stellar Performance from Spot Bitcoin ETFs as it Records Zero Outflows on July 1st After a $129 Million Inflow
The United States spot Bitcoin ETFs recorded significant daily inflows of $129.45 million on July 1, marking the fifth consecutive day of positive flows. In this article, we will explore the recent development, what to expect from Bitcoin ETFs in…
Is Ethereum Name Service a Better Option to ETH? Valuation Closes Down to $1 Billion after a 74% Appreciation
The Ethereum Name Service (ENS) is one of the standouts in the cryptocurrency market after an impressive performance. It has increased to more than $30 in the past 24 hours. Below, we will compare the price performance of the ENS…
Dogwifhat Starts July on a Good Note as Investors Splash $400 Million
Dogwifhat is the famous Solana memecoin of a dog wearing a hat. Recently, there was a bullish surge in the price, pushing the valuation to over $2.2 billion and the trading volume by over $400 million. Below, we will explore…
3 Reasons Why Ton Could Become More Prominent than Ethereum
As the next half of 2024 begins in July, Toncoin (TON) has emerged as one of the biggest performers so far since the year started. It has been able to turn the tables and now has year-to-date returns of more…
Panda-Themed Biaoqing Records a 20% Increase as Market Cap Reaches $20 Million
In the past few months, the crypto market has been boring and filled with several downturns. Despite the promises of the spot Bitcoin ETFs, BTC has continued to depreciate heavily, moving down to the $60k region. However, a new memecoin…
Why is Grayscale Losing Over $27 Million in Bitcoin ETFs?
Grayscale was among the companies that pressured the Securities and Exchange Commission to receive approval for spot Bitcoin ETFs. However, the Grayscale Bitcoin ETF has been struggling. It recently saw an outflow of over $27 million, which compounds to over…
Introducing Pudgy Penguins: Why ETH NFT Received a 600% Growth in Sales
Pudgy Penguins NFTs are not very popular, but they have been making a lot of sales within short notice. Apparently, the collection sold over $2 million worth of NFTs within a day, recording over 600% growth. Below, we will explore…
24% Drop to $103 Million in NFT Sales – 3 Reasons Behind the Decline
The Non-Fungible Token (NFT) market experienced a huge decline, with sales dropping 24% to $103 million. Several key factors have contributed to this drop, which we’ll explore in detail. The story of NFT sales is complex, marked by rapid growth…
Introducing Dmarket: the $400 Million NFT Powering Mythos NFT Ecosystem
DMarket recently topped the NFT sales charts with $842,038 in daily volume despite a notable drop in sales. In this article, we will look into the factors behind the 24% decline in NFT sales, examining weekly and monthly trends in…