Grayscale’s Ethereum Trust has posted over $1.7 billion in outflows in the first five days of trading, but analysts say these outflows could subside by the end of this week. Source link
Ethereum Gas Fee Drop Boosts Crypto Market!
7h30 ▪ 3 min of reading ▪ by Eddy S. The Ethereum network is currently undergoing a major transformation, marked by a historic reduction in gas fees. This situation has significant consequences…
Artists sue SEC over confusing security status of NFTs
Two artists, Brian Frye and Jonathon Mann, have sued the SEC, claiming NFT sales do not trigger US securities laws. Source link
Solana overtakes Ethereum in weekly fee revenue for the first time
Solana surpassed Ethereum in total fees and MEV tips for the first time in a weekly timeframe since its launch. According to Blockworks Research, Solana generated approximately $25 million in revenue during…
21Shares Integrates Chainlink Proof of Reserve System for Spot Ethereum ETFs
A leading crypto investment firm is making use of the leading blockchain oracle in an effort to increase transparency. Source link
Bitcoin News United States government holds $12B in Bitcoin
The United States government holds $12 billion in Bitcoin, making it the country with the largest Bitcoin holdings in the world.
Bitcoin News Trump’s Talk of Bitcoin (BTC) Reserve for the U.S. Leaves Industry Waiting for More Details
“For the U.S. to institute Bitcoin as a strategic reserve will similarly require further work including determining how much should be held as a reserve and the basis for that threshold, how…
Bitcoin News Everything Bitcoin: L2s see wave of adoption, but security needs to catch up
It is still early days for Bitcoin layer-2s. As in any early development, security and user experience issues remain challenges for protocols.
Bitcoin News Small-cap trade, Nvidia vs. copper, bitcoin: Market takeaways
Stocks (^DJI, ^IXIC, ^GSPC) are in focus with 171 S&P 500 companies prepare to report earnings this week, with investors particularly focused on Big Tech results from Amazon (AMZN) and Microsoft (MSFT)….
Bitcoin News Bitcoin traders flag ‘inflection point’ in key futures market metric as BTC breaks range
Bitcoin’s increase in open interest and rally into the $70,000 zone are key turning points for BTC price.