Crypto Funds See Largest Inflow in 15 Months, With Bitcoin, Solana Leading Rally: CoinShares
Ether-based funds continue to fall out of favor, with outflows for the year now totaling $125 million. Source
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Months
U.S. Spot BTC ETF Approval Likely Within Months: JPMorgan
ETFs are traded on an exchange, like stocks, and track the performance of an underlying asset. They are popular because they allow investors to gain access to cryptocurrencies without having to purchase the underlying digital assets themselves. They are also cheaper to trade. The crypto market is hopeful that the
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XRP Registers Biggest Single-Day Gain in 3 Months After SEC Drops Charges Against Ripple's Leaders
XRP gained 6.5%, the biggest single-day percentage rise since July 13. Original Source
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AI-Based Business Makes Two Friends Over $200,000 in 7 Months
The duo currently have three other joint side hustles like DimeADozen with plans to create even more. Two friends have recently leveraged their rare artificial intelligence (AI) skills to build a six-figure business. According to a CNBC report, it took the friends – Sal Aiello and Monica Powers – only about
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Ethereum losing streak vs. Bitcoin hits 15 months — Can ETH price reverse course?
The price of Ethereum's native token, Ether (ETH), is trading around a 15-month low versus Bitcoin (BTC), and the lowest since Ethereum switched to proof-of-stake (PoS).Will it continue to weaken for the remainder of 2023? Let's take a closer look at the charts. Ethereum price breaks below critical support vs. BitcoinThe ETH/BTC
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Bitcoin Halving Buzz and Predictions Increase with Six Months Left to Event
Predictions for the upcoming Bitcoin halving are still pouring it, with most of them bullish on Bitcoin’s chance of a parabolic rise. The upcoming Bitcoin halving expected next year is already creating quite a bit of buzz as the market anticipates a reduction in Bitcoin block rewards. With a little over
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Stablecoin market cap down 35% 18 months after Terra collapse
The overall stablecoin market has witnessed a staggering 35% dip in the past year and a half. Terraform’s collapse last year and the subsequent fall of its native Terra USD (UST) stablecoin triggered a chain reaction, which caused the valuation of the stablecoin sector to shrink from $189 billion in May
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FTX deposits went to account controlled by Alameda for months, Yedidia testifies
Adam Yedidia, Sam Bankman-Fried’s college roommate and an early employee of FTX, continued his testimony on Oct. 5, the second day of former FTX CEO Bankman-Fried’s trial in New York. Yedidia was testifying for the prosecution with immunity.Under examination by Assistant U.S. Attorney Danielle Sassoon, Yedidia told the court that
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FTX Management Was Warned About Backdoor to Alameda Months Before Collapse: WSJ
“Following a thorough internal investigation, LedgerX has found no evidence that any of its employees were aware of any reported code enabling Alameda to take FTX customer assets, and firmly denies any contrary allegation," Miami International Holdings, LedgerX's new owners, said in a statement to the WSJ. Original Source
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FTX hacker moves $4.2m worth of ETH after months of inactivity
The infamous FTX exploiter with address 0x3e957 has resurfaced. After 10 months of inactivity, the hacker that masterminded the multi-million dollar FTX heist transferred 2,500 ETH, equivalent to $4.2 million, from their dormant address. This marks the first activity from the address since the infamous hack almost a year ago. According to
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