Crypto news

Ethereum investment products experienced net outflows of $146 million globally last week, largely due to $169.4 million in outflows from US spot Ethereum ETFs. This figure masks $430 million in net inflows into new Ethereum ETFs, overshadowed by $603 million in outflows from Grayscale’s ETHE fund. Additionally, there were minor outflows observed in European ETPs, according to CoinShares’ report. Bitcoin experienced massive outflows of $400 million, marking the first time in...

The French financial regulator, the Autorité des Marchés Financiers (AMF), is now open to scrutinizing applications of companies that want to register as crypto asset service providers (CASPs). With the markets in crypto assets (MiCA) legislation set to take full effect by year-end throughout Europe, CASPs must register in any of the bloc’s countries to operate legally in the EU. France has become the first major EU economy to accept CASP applications. The AMF’s announcement read, “With six...

[PRESS RELEASE – George Town, Grand Cayman, August 5th, 2024] Zircuit, a fully EVM-compatible ZK rollup with AI-enabled sequencer-level security, today announced that Mainnet Phase 1 is now live. Mainnet Phase 1 also includes the launch of the Zircuit Mainnet Festival, a first-of-its-kind program that rewards ZRC and a chance to win large prizes in proportion to gas spent on the Zircuit network. To reward users who participated in its highly successful staking program with...

The weekend has been characterized by a rollercoaster of emotions for the crypto community, with fear gripping investors who are concerned about the latest market conditions. According to current data from Alternative.me, the Crypto Fear & Greed Index sat at 26/100, signaling fear among investors. If the market condition worsens, the indicator may inch closer to extreme fear, a sentiment that could further harm the market. Source: Alternative.me Investors Are Fearful of...

George Town, Grand Cayman, August 5th, 2024, Chainwire Zircuit, a fully EVM-compatible ZK rollup with AI-enabled sequencer-level security, today announced that Mainnet Phase 1 is now live. Mainnet Phase 1 also includes the launch of the Zircuit Mainnet Festival, a first-of-its-kind program that rewards ZRC and a chance to win large prizes in proportion to gas spent on the Zircuit network. To reward users who participated in its highly successful staking program with over $2B staked, Zircuit...

Bitcoin’s 24-hour bloodbath has reduced the number of its investors in profit. According to data from blockchain analytics platform IntoTheBlock, the percentage of BTC holders in the green has crashed from 93% in late July to 75% at the time of writing. The significant decline in BTC profitable holders comes as the leading cryptocurrency crashed below $50,000 for the first time since February this year. A Decline in Profitable Bitcoin Addresses The last time the percentage of...

In a shocking turn of events over the weekend, spurred by mass bitcoin selloffs on Sunday, its price took a tremendous nosedive. Bitcoin’s value dropped by over 12% on Monday morning, going from over $60,000 to less than $53,000 within 24 hours. Bitcoin has not observed such lows since February, when it rallied toward new highs. This downturn also caused ETH to take a massive hit, as its price dropped to around $2,200, falling by over 20%. ETH has not touched this price point since last...

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Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.