Bitcoin ETFs: Notable GBTC Outflow and Evolving Competition
TL;DR Grayscale Bitcoin Trust has seen an outflow of approximately 300,000 BTC since the ETF’s launch. The Bitcoin ETF market experienced a notable day of...
Tag : blockchain
Union Labs and Lava Network Launch $100,000 Incentivized RPC Campaign to Boost Blockchain Interoperability
TL;DR Union Labs teams up with Lava to launch a $100,000 incentivized RPC campaign. Lava will provide fast, robust and decentralized access to Union. The...
Ritual and Polychain Capital Join Forces to Promote the Decentralization of Artificial Intelligence
TL;DR The convergence between artificial intelligence (AI) and cryptocurrencies is gaining interest in the industry. Polychain Capital invested a multimillion-dollar sum in Ritual, in a...
Culture Coins: The Cryptocurrency Revolution in United Communities
TL;DR Emergence of a new class of memecoins called “Culture Coins”. These digital currencies represent cultural, political and lifestyle values. Examples like $MOUTAI and $ZYN...
Bitcoin Surpasses $72,000: Crypto Companies’ Stocks Rise Ahead of Halving
TL;DR Bitcoin surpasses $72,000, boosting shares of crypto companies. Coinbase shares rise 5.71% in pre-market trading. BTC rewards halving increases market optimism. In the financial...
Grayscale Adjusts Portfolio and Removes ADA from GDLC: Market Reactions and Perspectives
TL;DR Grayscale Investments adjusts its portfolio by removing ADA from the GDLC fund based on the index methodology. Charles Hoskinson, founder of Cardano, reacts with...
Sony Bank and Sota Watanabe Join Forces to Launch Stablecoin and Blockchain
TL;DR Sony Bank and Sota Watanabe collaborate to launch a stablecoin and a blockchain. The project is in the preparation phase, marking the company’s foray...
Wormhole Attracted a Horde of Scammers During its Airdrop
TL;DR The recent Wormhole airdrop garnered significant community interest by distributing over $800 million worth of W tokens to eligible users. There was a proliferation...
Galaxy Digital Leads $100 Million Fundraising for New Cryptocurrency Projects
TL;DR Galaxy Digital, led by Mike Novogratz, is raising a new $100 million investment fund. The majority of the funding is expected to come from...
Binance Unveils SAGA in its 51st Launchpool: An Opportunity to Acquire Tokens and Engage in Crypto Ecosystem Growth
TL;DR Binance introduces the SAGA token to its 51st Launchpool. Users can participate in obtaining tokens by staking BNB or FDUSD. The Launchpool will begin...