Category: Bitcoin

[ad_1] US spot Ethereum ETFs (exchange-traded funds) reached a milestone, recording a combined $1.019 billion in net inflows on August 11. It marks the largest single-day haul since their launch, with BlackRock’s iShares Ethereum Trust (ETHA) leading the charge. Ethereum ETFs Have Their Bitcoin Moment With $1 Billion Inflows Data on SoSoValue shows BlackRock’s ETHA…

[ad_1] Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin and Ethereum’s latest surge has not only shaken up investors but also drawn a reaction from Eric Trump, who used the moment to warn traders against taking bearish positions. Over the past 24 hours, Bitcoin climbed back above the $120,000…

[ad_1] S&P Global Ratings assigned a “B-” issuer credit rating to Sky Protocol, formerly known as Maker Protocol, marking the first time a major agency has issued a rating for a decentralized finance (DeFi) platform. The rating is part of S&P’s ongoing assessment of stablecoin issuers, which began in 2023 to evaluate their ability to…

[ad_1] Sygnum Bank that it will support the SUI cryptocurrency, enhancing access for professional and institutional clients to the Sui ecosystem. As the banking partner for the Sui Foundation, Sygnum has fully integrated SUI into its regulated banking platform, offering services such as custody, trading, and staking. The launch of SUI staking in August will…

[ad_1] Amid the rise of altcoin-focused treasury companies, Strategy (formerly MicroStrategy) co-founder Michael Saylor reaffirmed that he remains committed to Bitcoin. Far from being concerned, Saylor views the growing adoption of altcoins as part of a broader ‘explosion of innovation’ in the digital asset space—one that he believes ultimately strengthens the entire sector, including Bitcoin.…

[ad_1] The crypto world now boasts a staggering 88,200 crypto-millionaires scattered across the globe, according to the latest Crypto Wealth Report. This burgeoning class of wealth holders has seen their fortunes swell thanks to the ever-expanding digital asset universe.  Astonishingly, half of these newly minted millionaires have pinned their financial dreams on Bitcoin (BTC), the…

[ad_1] The United States Financial Accounting Standards Board’s new rules for crypto accounting will eliminate the “poor optics” that plagued companies holding digital assets, according to analysts from Berenberg Capital. On Sept. 6, the U.S. Financial Accounting Standards Board (FASB) approved new rules for cryptocurrencies with regard to how companies report the fair value of…

[ad_1] Bitcoin is currently in a very wobbly position. The price action remains just above fragile support in the $25,000 area. Its loss could lead to a sharp decline. On the other hand, the uptrend, which has been in place since the beginning of 20203, does not seem to be broken. There is a chance…

[ad_1] The Bitcoin network is currently overwhelmed with a backlog of unconfirmed transactions, with the average confirmation time hovering above 10.4 minutes. According to Mempool, there are around 560,000 transactions waiting to be confirmed on the Bitcoin protocol, whose memory usage has surged past 300 MB to 1GB, and transaction fees spiked to 20 satoshis…

[ad_1] Bitcoin, the world’s leading crypto, has been spared from a recent negative occurrence that gripped the digital currency market. Crypto outflows took a breather last week, providing a glimmer of hope for an industry grappling with prolonged negative sentiment. According to recent data, digital-asset investment products saw $11.2 million flow out of the market,…