Spot Bitcoin ETFs hit $1.7B weekly inflows, marking six-week streak
The latest inflows bring spot Bitcoin ETFs’ total net assets to $95.4 billion, or 5.27% of Bitcoin’s $1.8 trillion market capitalization.
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Verizon’s newsroom to use blockchain in bid for absolute transparency
News requires an element of trust. Blockchain may be able to help. 1217 Total views 15 Total shares Verizon unveiled "a blockchain-based, open-source newsroom product designed to raise the bar for corporate accountability," today according to a public statement. Called Full Transparency, the platform is meant to immutably document the company's own news releases on…

Seven EU States Sign Declaration to Promote Blockchain Use
Seven southern European Union member states have released a declaration calling for help in the promotion of Distributed Ledger Technology’s (DLT) use in the region, the Financial Times (FT) reports Dec. 4.The declaration was reportedly initiated by Malta and signed by six other member states, France, Italy, Cyprus, Portugal, Spain and Greece, during a meeting…

Ethereum network burns $395K ETH per hour after London upgrade
At current burn rates, 2.3 ETH per minute, or $6,600 is going up in smoke. 104 Total views 2 Total shares Approximately 2.3 ETH is being burnt every minute through the new transaction fee mechanism introduced in Ethereum’s London upgrade on August 5.The highly anticipated London hard fork went live on Wednesday this week, ushering…

Advocates call for Hong Kong govt stablecoin to compete with Tether and USD Coin
“Issuing a stablecoin pegged to the Hong Kong dollar not only helps to solidify Hong Kong’s leadership in the blockchain sector but also propels the progress of the digital Hong Kong dollar," said the report. 93 Total views 1 Total shares Crypto and blockchain advocates have authored a report calling for the Hong Kong government…

Indonesia could be charting new frontiers as a global adoption leader
Indonesia emerges as a global Web3 leader with high crypto adoption, a young tech-savvy population and supportive regulations.

Big rise in financial advisers adding crypto assets to client portfolios
More than a quarter of financial advisers intend to recommend crypto investments over the next year. 784 Total views 2 Total shares According to a survey, financial advisers are recommending investments in Bitcoin and crypto assets to their clients more than ever before.A report by the Financial Planning Association released on June 1 has taken…

Data shows traders rushed to buy altcoins during Bitcoin’s dip to $50K
Bitcoin’s (BTC) recent downturn temporarily pulled its dominance rate down to 49.5% which is the lowest level since August 2018. This has led a growing number of traders to predict that altcoins will outperform Bitcoin in the short term. Over the past few months, the price action from altcoins seems to be disengaging from Bitcoin.…

Bitcoin has a 50-50 chance of reaching $100K by year-end: Options data
The likelihood of Bitcoin surpassing $100,000 has risen to 45%, despite its recent pullback, according to recent onchain data.