Investors are Taking Their Money Out of Spot Bitcoin ETF as Net Assets Reduce to $50 Billion

As of 9th July 2024, the net asset value within the spot Bitcoin ETF sector was approximately $50 billion, down from the highest of $54.37 billion in the 30-day data. In this article, we will explain the meaning of net…

Crypto Market Cap Suffers a Gigantic 21% Decline to $1.98 Trillion as BTC Continues to Decline

There was massive pandemonium in the crypto market on July 5th as investors anticipated the payout of nearly $9 billion to users of the collapsed Bitcoin exchange Mt. Gox. In this article, we will explore the recent decline in crypto…

OpenLM RevShare Token Leads the Charge as AI Tokens Experience Slight Increase to $27 Billion Valuation

OpenLM RevShare Token is having an incredible time in the market despite the general downturn of AI tokens. With the price at $0.02862, it has increased over 180% in two weeks and surged 70% monthly. Below, we will examine the…

Commonwealth Bank of Australia Launches Bitcoin ETF To 17million Customers

Key Highlights Commonwealth Bank Makes Bitcoin ETF Official Commonwealth Bank of Australia (CBA) has launched the Monochrome Bitcoin ETF (IBTC). Allowing 17 million customers to invest in Bitcoin through a regulated framework. The ETF, managed by Monochrome Asset Management, was…

What To Expect from Bitcoin Price as June Ends: Downturn to $60k or Above $80k?

As the month of June comes to a close, Bitcoin traders are on edge. Bitcoin price is experiencing significant volatility, making its future price movements highly unpredictable. The pressing question remains: Will Bitcoin Correct to $60,000 or surge above $80,000?…

Pirate Nation NFTs 1000% Surge: Insights into its Latest Token Launch as Daily Volume Surpass 475 ETH

Pirate Nation NFTs have caught the attention of investors after its recent surge. The role-playing game has seen its tokens soar in value, with daily trading volumes surpassing 475 ETH.  What are Pirate Nation NFTs Image from Pirate Nation  Pirate…

Coinbase Aims to Make Your Phone Your Bank: CEO Brian Armstrong’s Vision for Crypto Future

Coinbase CEO Brian Armstrong revealed at the recent State of Crypto Summit that it plans to turn your phone into a bank. Speaking in an interview with CNBC, Armstrong shared insights on the demand for crypto and Coinbase’s plans to…

SEC’s Crypto Rule Gets Targeted By Lawmakers Amid Budget Cuts

Key Highlights: Debate on New Bill U.S. House lawmakers will debate a bill that limits the SEC’s Crypto Rule over SAB 121. This discussion is set to address several key financial regulations and introduce significant changes in the oversight of…

ICBC, World’s Largest Bank Praises Ethereum After Crossing the Key Support.

Key Highlights: ICBC Bank on Ethereum’s Growth The Industrial & Commercial Bank of China (ICBC), the world’s largest bank, has commended Ethereum. ICBC Bank called Ethereum the “digital oil” of the future. Thus this recognition underscores Ethereum’s vital role in…

Ricardo Salinas Mexican Billionaire Advocates For Bitcoin as Inflation Hedge

Key Highlights: Ricardo Salinas, Mexico’s third richest man, has publicly supported Bitcoin as a reserve asset. Using social media platforms, he endorsed Bitcoin as a shield against inflation. Salinas highlighted inflation as a hidden tax on fiat money, urging his…