BlackRock ETF sees biggest inflow in 35 days as Bitcoin weekly rally pauses
BlackRock’s IBIT Bitcoin fund had its biggest inflow day since July 22 as Bitcoin slipped back under $64,000 following a weekly rally.
Related Posts
Polychain Capital-Backed DeFi Alliance Hits 51 Members
After decentralized finance, or DeFi, markets collapsed in late March 2020, a number of industry players joined forces to support emerging fintech. Today, the Ren Alliance, a new DeFi consortium backed by veteran crypto investor, Polychain Capital, has added another batch of new members. The group’s membership has now surpassed 50 companies in total.Launched in…
Consensus 2020 Crypto Event Goes Virtual Due to Coronavirus
Consensus, a major global cryptocurrency and blockchain-focused event, is another industry conference that had to change its plans due to intensifying coronavirus fears.In line with the increasing number of industry events being delayed or canceled in response to the coronavirus outbreak, Consensus will not be hosting a conference in New York this year.Consensus 2020 will…
Bitcoin drops to $35.5K as 1,000 point Dow correction marks the worst trading day since 2020
BTC and ETH price imploded toward swing lows as the Dow tumbled by 1,000 points and the Nasdaq lost 5%, marking the worst trading day for stocks since 2020. 154 Total views 1 Total shares Global financial markets plunged into disarray on May 5 as the Dow Jones saw a 1,063 point drop and Bitcoin…
Ethereum median gas price hits 5-year low
The median price to send an Ethereum transaction hit 1.9 gwei on the weekend, with low-priority transactions priced even lower.
Report: XRP Market Cap Could Be Overestimated By Billions
The market capitalization of distributed ledger tech company Ripple’s XRP token could be overvalued by as much as $6 billion, according to a recent report from crypto analytics firm Messari.Ahead of Ripple’s Q4 2018 report, Messari researched the “health and legitimacy” of the XRP’s market capitalization using data from cryptocurrency exchanges and third party cryptocurrency…
Not Just a Pretty Name: Blockchain Creating Real Value in Traditional Industries
Blockchain technology has proliferated in a number of industries outside of the cryptocurrency space in the decade since Bitcoin’s (BTC) inception. The underlying technology of the preeminent cryptocurrency went under the radar in the early years of cryptocurrency adoption before projects such as Ethereum began to explore the range of possibilities of blockchain networks.While many…
US consumer watchdog probes crypto firms over deceptive ads
The Federal Trade Commission is investigating several unnamed crypto firms over possible misconduct in the advertisement of digital assets. Own this piece of crypto history Collect this article as NFTSeveral crypto firms are facing a probe from the United States Federal Trade Commission (FTC) over possible deceptive or misleading advertisements relating to cryptocurrencies.According to a…
1% Bitcoin No Longer ‘Crazy’ for Portfolios, Says Morgan Creek CEO
Bitcoin (BTC) represents an investment in technology and innovation, making it a must-have in any portfolio, suggested the CEO of Morgan Creek Capital, Mark Yusko, in an interview with Max Keiser on the Keiser Report, published on Jan. 30. Morgan Creek CEO: Bitcoin exposure boosts portfoliosKeiser began by noting that portfolios with even 1% exposure to…