Grayscale Records Minimal Cash Outflow in GBTC as Bitcoin Nears $70k
TL;DR Grayscale’s GBTC records lowest daily cash outflow at a record $18 million. Intense competition from other Bitcoin ETF issuers. Grayscale works to counter cash...
Tag : blockchain
EigenLayer’s Mainnet Operator: A New Chapter with Google Cloud
TL;DR Google Cloud has launched its EigenLayer Mainnet node operator, a significant development for the restaking protocol and its ecosystem. This follows Google Cloud’s previous...
ADA in Consolidation Phase: Could Cardano Reach $1.70?
TL;DR Analyst predicts Cardano (ADA) price to reach $1.70 in a 300% rally. Forecast based on historical patterns and current market dynamics. The price is...
Bitcoin and Ethereum on Alert: Cryptocurrency Markets Turbulent Due to Inflation Data
TL;DR Bitcoin and Ethereum have seen their prices decline due to investor caution in the face of new inflation data in the US. Despite the...
SushiSwap: The Battle for Treasury Control
TL;DR SushiSwap’s Governance Controversy: The DeFi platform SushiSwap is in the midst of a heated debate over a proposal that could lead to the main...
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...
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...