Bitcoin ETFs notch nearly $500M inflows despite nobody searching for it

Key Bitcoin sentiment indicators have quickly flipped into “greed” territory amid a sharp uptick in the crypto market and strengthening Bitcoin ETF inflows.

Bitcoin (BTC) dipped below $8,500 on Jan. 23 as traders’ expectations of a slow downtrend from recent highs appeared to slowly come true.Cryptocurrency market daily overview. Source: Coin360BTC returns to $8,400sData from Coin360 and Cointelegraph Markets showed BTC/USD reach lows of $8,480 overnight on Wednesday. At press time, Bitcoin hovered at around $8,505.The former level…

The pegging process no longer relies on functionaries holding custody of bridged funds. 469 Total views 5 Total shares Bitcoin sidechain RSK launched a new bridge protocol called Powpeg, which will facilitate a trustless connection between Bitcoin (BTC) and RSK’s wrapped version of it, called RBTC. The system marks the first time that a Bitcoin sidechain…

The venture capital wing of the official newspaper of the Communist Party of China (CCP) — People’s Daily Online — has signed a deal for a strategic partnership on a blockchain laboratory Oct. 23, according to a press release.People’s Capital signed a deal with Shenzhen-based technology company Xunlei Limited. Per the terms of the agreement,…

The leader of the conservative Hindu group has called for proper policing of the crypto space along with other stricter measures targeted at the digital space. 138 Total views 3 Total shares Mohan Bhagwat, the head of the Rashtriya Swayamsevak Sangh, or RSS — a right-wing Hindu nationalist society — has urged India’s government to…

Lugui Tillier is the sales manager for Lumx Studios, one of the top cryptocurrency firms in Rio de Janeiro — a city with a burgeoning crypto industry. But for Tillier — who holds dual citizenship between Belgium and Brazil — cryptocurrency is more than a job. It was a passion sparked by a friend, and it

“This is a Black Mirror episode. Definitely turning this ‘feature’ off,” commented Elon Musk on Microsoft’s new Recall feature.

Waves price swelled to a new all-time high as NFT airdrops and exchange listings attracted new users to the project’s growing ecosystem. 2298 Total views 19 Total shares Nonfungible tokens (NFT) have handsomely rewarded early investors over the past few months, especially as they gained mainstream attention thanks to record-breaking digital art sales and well-known…

The next Bitcoin (BTC) bull run will have to be much different from historical cryptocurrency rallies in terms of story and utility, Galaxy Digital CEO Mike Novogratz believes.Compared to previous bull runs, the next Bitcoin rally will have to be more focused on utility and less on the story, Novogratz predicted at a panel at…