Grayscale Bitcoin ETF nullifies $66.9M inflows in 2 days

The upcoming Polkadot DeFi hub raised nearly $1.3 billion in its token ICO from approximately 25,000 contributors. 316 Total views 16 Total shares On Thursday morning, Acala, a decentralized finance (DeFi) protocol operating on the Polkadot (DOT) network, announced it had won the first-ever Polkadot parachain auction. Acala raised a total of 32.5 million DOT, worth roughly…

Bancor’s new liquidity mining strategy promises to bring organic on-chain liquidity and make DeFi staking easier for DAOs. 117 Total views 31 Total shares Bancor, the first decentralized finance protocol to introduce liquidity pools, has come out with a new liquidity solution with the launch of its v3, called Bancor 3.Bancor 3 went live with…

Ether (ETH) has outperformed Bitcoin (BTC) by 32% since May and even though there has been a steady flow of bullish reports from JPMorgan and Goldman Sachs, derivatives metrics show elements of bearishness in both assets. Ether and Bitcoin price change since May. Source: TradingViewBitcoin is trading 41% below its $64,900 all-time high and that move…

Investors have faced a tumultuous year in 2022 as stocks, bonds, and the cryptocurrency sector have all witnessed sharp declines. As of Nov. 30, the performance of a traditional portfolio comprising 60% stocks and 40% bonds has been the worst since 1932, according to a report by Financial Times.The next big question troubling crypto investors…

Bitcoin’s (BTC) third block halving has finally taken place. The year’s most talked-about crypto event happened at 3:23 p.m. EST on Monday, May 11, as block number 630,000 was successfully mined.The Bitcoin block reward has now gone down from 12.5 BTC to 6.25 BTC, which will likely have many repercussions on the industry. But here’s…

Mike Novogratz’s crypto merchant bank Galaxy Digital is reportedly raising at least $250 million to offer loans to crypto-related firms, according to an unconfirmed report published by American news site Business Insider on Jan. 23.Citing two unnamed people familiar with the matter, the news outlet claims that Galaxy Digital is purportedly planning to close the…

Sam Trabucco, a quant trader at Alameda Research, believes three general factors are pushing up the price of Bitcoin (BTC). The catalysts are increasing adoption, whales, inflows from other products into Bitcoin and influence from other markets. Alameda Research is a major cryptocurrency firm that trades between $600 million and $1.5 billion a day, trading a…

Japanese authorities have postponed FTX Japan’s suspension deadline because the firm has so far failed to return assets from custody to creditors. 1053 Total views 7 Total shares Own this piece of crypto history Collect this article as NFTThe Japanese subsidiary of the now-defunct cryptocurrency exchange FTX has received approval from local regulators to continue…

The year is 2142 AD. A dystopian future controlled by corporations is rocked as the last Bitcoin (BTC) is mined, and Satoshi Nakamoto’s long-dormant wallet is awakened and used to dismantle their control. The physical, virtual and astral realms are all disrupted as entheogen spirits, angels and demons battle it out while artificial intelligence (AI)…