Before bitcoin (BTC) hit an intraday peak of $70,016 per unit on Bitstamp on Monday, a dormant bitcoin wallet from July 27, 2017, moved 210 BTC, valued at over $14 million.
2017 Bitcoin Wallet Activity Resurfaces, 210 BTC Moved Ahead of $70K Peak
In recent days, several long-inactive bitcoin addresses from 2017 have been reactivated. As BTC approached the $70,000 mark on Monday morning, a wallet…
21shares announced it has integrated Chainlink’s Proof of Reserve on Ethereum mainnet to bolster the transparency of the 21shares Core Ethereum exchange-traded fund (ETF), also known as CETH. The crypto exchange-traded product (ETP) issuer said this integration aims to…
Blackrock Warns of Rising Crypto Investment Scams
July 30, 2024
Blackrock, the world’s largest asset manager with $10.5 trillion in assets under management, has warned about cryptocurrency scams. The firm urged caution when dealing with individuals, websites, or social media platforms using its brand to offer training or investments.
While U.S. spot ether exchange-traded funds (ETFs) experienced outflows on Wednesday, bitcoin ETFs saw inflows totaling $44.51 million. Blackrock’s IBIT led with gains of $65.99 million, followed by Ark Invest’s and 21shares’ ARKB with $3.29 million.
While Blackrock Captures Nearly $66M, Grayscale Outflows Weigh in Again
During Wednesday’s trading sessions, U.S. spot bitcoin ETFs…
Ripple CEO Brad Garlinghouse believes that U.S. Vice President Kamala Harris “has an incredible opportunity to provide a reset on critical issues for U.S. competitiveness (like crypto regulation).” He noted that she is no stranger to Silicon Valley. Moreover, he…
The UK Financial Conduct Authority (FCA) has fined Coinbase’s payments arm, CB Payments Limited, £3,503,546 for breaching compliance rules by serving high-risk customers despite restrictions. The regulator explained that this marks the FCA’s first enforcement action…
Revolut, the crypto-friendly digital bank, is reportedly planning to sell $500 million of employee shares, targeting a staggering valuation of $45 billion. This move is seen as a significant step towards a potential Initial Public Offering (IPO). Revolut’s progressive approach to cryptocurrencies, combined with its innovative banking solutions, continues to disrupt the financial sector…
As the European Union strides towards comprehensive crypto regulation, MiCAR stands out as a cornerstone of this new landscape. However, the true impact of MiCAR, alongside other critical regulations like the Transfer of Funds Regulation (TRF) and the Digital Operational…
Based on the recent data, the nine newly introduced ethereum exchange-traded funds (ETFs) saw $106.78 million in inflows on Tuesday. Blackrock took the lead with $266.55 million in trading volume throughout the day.
Blackrock Dominates Inflows as Nearly Half a Billion Exits…
Solana meme coins are back in the headlines again, with new tokens making notable gains throughout the week. $TEA, the latest entry in this niche market, is making quite the impression with over three million community members and significant presale success within just a month of its launch.
The popularity of $TEA has exploded in recent weeks due to its unique community-first and ecosystem…
