The new data reveals a continuous growth in Bitcoin ETFs while a decline in Ethereum ETFs. Lookonchain, a famous on-chain analytics provider, disclosed that BTC ETFs recorded significant inflows but ETH ETFs saw huge outflows on August 22. The analytics company provided the details of these ETF flows on its official social media account. Bitcoin…
Shiba Inu (SHIB) is back at $0.000014 after a 4.50% increase in the past 24 hours, with the burn rate spiking by 1088%. Typically, an increased burn rate reduces supply and can boost the price. However, historical data shows that price doesn’t always correlate directly with burn rate spikes. Will this time be different? That…
Image source: Getty Images Money is starting to flow back into TSX dividend stocks as interest rate cuts by the Bank of Canada push down rates on fixed-income alternatives. Investors who missed the bounce are wondering which top Canadian dividend stocks are still undervalued and good to buy for a self-directed Tax-Free Savings Account (TFSA)…
In the latest development in the ongoing FTX saga, federal prosecutors have charged Michelle Bond, the domestic partner of former FTX executive Ryan Salame, with violating campaign finance laws. This comes just a day after Salame made a last-ditch effort to have his conviction vacated or blocked. DOJ Cracks Down On FTX Connections According to…
A month-long pop-up in Buenos Aires is showing how crypto can potentially transform an economy from the bottom-up. Source link
Grayscale Introduces Avalanche Trust Grayscale Investments, a leading cryptocurrency asset manager, has introduced the Grayscale Avalanche Trust, providing investors with exposure to the AVAX token. This token is crucial for transaction fees and securing the Avalanche blockchain, known for its high-speed and scalable capabilities as a competitor to Ethereum. This launch is part of Grayscale’s…
M^0’s New Partnership with Fireblocks M^0, a protocol for minting stablecoins backed by U.S. Treasury bills, has announced its collaboration with Fireblocks to provide advanced cryptocurrency custody services. This integration ensures that institutions using Fireblocks for crypto key management can seamlessly operate with M^0’s stablecoin-minting and validation system. M^0 aims to address the limitations of…
Michelle Bond, the partner of former FTX executive Ryan Salame, has been accused of violating U.S. campaign finance laws, according to an unsealed indictment. Ex-Congressional aspirant Michelle Bond was accused of financing her failed 2022 New York House campaign with money from an unspecified Bahamas-based crypto exchange. Per the unsealed document seen on Aug. 22,…
CryptoPunks’ Continued Dominance in NFT Sales CryptoPunks has achieved a significant milestone, leading CryptoSlam’s daily non-fungible token (NFT) sales chart with a notable US$1.29 million on Wednesday. This marks the third consecutive day CryptoPunks has topped the sales rankings. Despite CryptoPunks’ impressive performance, there is speculation within the community regarding a potential decline in the…
Anchorage Digital, a federally-chartered crypto bank, has added support for rewards for holders of the stablecoin PayPal USD (PYUSD). PYUSD holders can earn the rewards by custodying their tokens with Anchorage Digital, or through the Porto wallet. Anchorage Digital has introduced a stablecoin rewards program, allowing holders of the PayPal USD (PYUSD) stablecoin to earn…