Author: Crypto News
Last updated: May 7, 2024 13:53 EDT | 1 min read Following a four-month period of consistent outflows, Grayscale’s spot Bitcoin exchange-traded fund (ETF) has finally witnessed a positive shift. Over the past two days, the Grayscale Bitcoin Trust (GBTC) has attracted inflows totaling $66.9 million.This change in tide comes after a major period of decline, during which GBTC saw an average daily outflow of $217 million, amounting to a total of over $17.5 billion since January 11.Turnaround for Grayscale Bitcoin ETFThe initial sign of recovery appeared on May 3, with a $63 million inflow into GBTC, marking the end…
Last updated: May 7, 2024 12:29 EDT | 2 min read In the latest Solana meme coin pump, the new cat-themed coin ‘Aqua Cat on SOL’ (AQUACAT) has seen its price skyrocket by 33,895% overnight, as traders around the world try to get a piece of the pie.This article will provide an analysis of AQUACAT’s current price trends and look to see whether a soon-to-launch meme coin, DOGEVERSE, represents a more promising investment opportunity at this time. oh and the chart looks like this. higher #aquacat pic.twitter.com/COmPmKNGgQ — Tuna (@_tun4_) May 6, 2024Aquacat is unique among cat coins because it’s…
There are many ways to make money, but making money with money is the most efficient way.Finance is an industry that uses money to make money. However, finance and bubbles are like twin brothers. Where there are financial products, there are bubbles. In the eyes of ordinary people, bubbles are risks, so ordinary people always feel that finance is far away from them. For financial players, bubbles are opportunities. They will swim in the bubble and make huge profits from it.If you let people who are good at making money from bubbles work for you. Don’t you also have the…
Last updated: May 7, 2024 11:37 EDT | 2 min read Worldcoin is pumping on rumors that ChatGPT is launching a search engine. Worldcoin ($WLD), the biometric crypto project helmed by OpenAI CEO Sam Altman, has shot up a blistering 37% in the last seven to trade at $6.17 as of this writing.A rumor that ChatGPT, OpenAI’s main offering, is launching a search engine next week spurred much of Worldcoin’s rally over the last few days.The main source of the rumor is the fact that a domain called search.ChatGPT.com now exists, although AI influencer and researcher Pete Huang believes it…
Last updated: May 7, 2024 11:00 EDT | 1 min read Non-fungible token (NFT) platform Ethernity, said it has switched to an artificial intelligence (AI) enhanced Ethereum Layer 2 network with new capabilities allowing the firm to combat counterfeit asset trading.The Ethernity platform has authenticated and licensed NFTs for sports celebrities such as footballer Lionel Messi and the four-time NBA champion and prolific ad pitchman Shaquille O’Neal. Ethernity Chain is a community-oriented platform that produces limited edition authenticated NFTs by artists.Ethernity said in its recent interactions with entertainment brands the firm found one barrier to adoption was privacy, cost and…
Last updated: May 7, 2024 09:12 EDT | 3 min read The Dogecoin price has dipped by 2.5% in the past 24 hours, falling to $0.158 as the crypto market as a whole loses 2% today.DOGE remains up by 14% in the past week, although the ever-popular meme coin has dropped 18% in a month.Today’s action also comes as a whale sends $60 million in DOGE to Robinhood, which has received a Wells notice – a warning of potential incoming legal action – from the SEC in the past 24 hours.This could potentially mean that the Dogecoin price may fall…
Last updated: May 7, 2024 08:51 EDT | 2 min read QCP Capital, a prominent options trading desk for digital assets, has received initial approval to operate in Abu Dhabi, marking its expansion into the Middle East. The Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM) has granted in-principle approval to the company, making it the first digital-asset market maker and broker dealer from Singapore to receive such recognition in the region, Bloomberg reported Tuesday. QCP Capital plans to relocate a portion of its 70-plus employees to Abu Dhabi once it obtains a full license.QCP Capital Recorded $60B in Crypto Derivatives in 2023QCP Capital…
Last updated: May 7, 2024 08:37 EDT | 3 min read Source: AdobeStock / LIGHTFIELD STUDIOS Get your weekly, bite-sized digest of meme coin news. This week read about: Meme Coin News: Market Highlights Tesla’s Updated Payment Methods Include Dogecoin Dogeverse Presale Hits $13 Million Milestone Whale Withdraws 1.238 Trillion PEPE __________Meme Coin News: Market HighlightsThe global cryptocurrency market cap is $2.47 trillion, down 1.5% in the last 24 hours.Meme coins are not having a good day, either.Among the top 10 meme coins per market cap, BONK saw a significant loss of 7% in a day, trading at $0.00002.Baby Doge…
Last updated: May 7, 2024 06:52 EDT | 6 min read Web3 gaming has often been hailed as a “game-changer” for the video games industry, yet to date very few blockchain games have made their presence felt. But that could be about to change, as the legendary developer Ubisoft – creator of Ghost Recon, Assassin’s Creed and other hit titles – has just released a gameplay trailer of its first-ever blockchain-based game, Champion Tactics: Grimoria. Will the announcement at Paris Blockchain Week sets the stage for a potential breakthrough that leads to the first generation of true AAA games making their…
Last updated: May 7, 2024 06:46 EDT | 2 min read Crypto wallet developer Exodus Movement has received approval to list its common stock on the NYSE under the ticker EXOD.Trading for the stock will commence on the platform on May 9, the company announced on Monday. “Trading on the NYSE American will allow Exodus to create greater long-term value for our stockholders by increasing our presence within the investor community and, in turn, increase liquidity,” Exodus CEO and Co-founder JP Richardson said. “We believe the uplisting will broaden the awareness of Exodus.”Exodus to Enhance Market Presence With NYSE ListingNYSE American, formerly known as…