Grayscale Bitcoin ETF takes the slow train to recoup $17.4B outflows
GBTC recorded inflows for two consecutive days — bringing its total inflows to $66.9 million.
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MetaMask allows to move tokens on multiple blockchains with new DApp
Blockchain software technology firm ConsenSys continues working on expanding blockchain interoperability by introducing a new tool to the MetaMask wallet.Metamask users can now bridge across multiple blockchain networks using MetaMask Bridges, which aggregates different blockchain bridges in one place, ConsenSys announced on Nov. 9.MetaMask Bridges supports major blockchains compatible with Ethereum Virtual Machine (EVM), including…
Exchange outflows hit historic highs as Bitcoin investors self-custody
Confidence in centralized exchanges appears to be waning as Bitcoin flows into self-custody wallets at near-record levels. 818 Total views 5 Total shares Bitcoin (BTC) investors have been increasingly moving their holdings to self-custody solutions following the collapse of the world’s second-largest crypto exchange last week.On-chain exchange flow data is showing a surge in withdrawals…
BTC price dip gone by September? 5 things to know in Bitcoin this week
Bitcoin faces a crunch candle close this week as BTC price rebound battles sellers to cancel its early August collapse.
Yield farming frenzy pushes Uniswap daily volume over $1 billion
Uniswap has become the first decentralized exchange to tag ten-figure volumes amid a yield farming frenzy and vampire attacks A dramatic spike in yield farming activity associated with SushiSwap and similar protocols has seen Uniswap become the first decentralized exchange (DEX) to exceed $1 billion in 24-hour trade volume.According to crypto data aggregator CoinGecko, Uniswap…
Buying Bitcoin ‘will quickly vanish’ when CBDCs launch — Arthur Hayes
Bitcoin (BTC) holders looking to avoid Central Bank Digital Currencies (CBDCs) may have gained a surprise ally — banks.In his latest blog post, “Pure Evil,” Arthur Hayes, ex-CEO of crypto derivatives platform BitMEX, argued that banks may limit the impact of the CBDC “horror story.”Hayes: Bitcoiners and banks stand against CBDC "dystopia"CBDCs are currently in…
Globetrotting Binance looks to Ireland for ‘centralized’ headquarters
Under pressure from regulators around the world, major exchange Binance is looking to establish a headquarters in Ireland. Until now it has operated globally for years under what its chief executive, Changpeng Zhao (CZ) has described as a “decentralized” structure.An Oct. 6 report from Irish media outlet Independant noted that Binance had established three subsidiaries…
Ethereum price eyes 35% rally after 6,000 ETH gets burned in one week
Ethereum’s native token, Ether (ETH), looks ready to undergo a massive rally due to a mix of technical and fundamental factors.From a technical perspective, ETH’s price now eyes a 35% rebound by the end of October after holding testing a key support level. This level is a rising trendline that has capped Ether’s downside attempts…
Was $39,650 the bottom? Bitcoin bulls and bears debate the future of BTC price
BTC bulls seem to believe the bounce off $39,650 marked the bottom, but bears warn that a looming death cross on the daily chart is a sign of further downside. 432 Total views 9 Total shares Bitcoin price made a quick pop above $43,100 in the U.S. trading session but uncertainty is still the dominant…