Crypto news

BlackRock’s Bitcoin (BTC) ETF has cracked a new daily inflow record, helping push Bitcoin’s above $60,000 for the first time since November 2021. The iShares Bitcoin Trust (IBIT) absorbed another $520 million on Tuesday, bringing the fund’s total flows since launch above $6.5 billion. Furthermore, thanks to Bitcoin’s rising price during that period, the value of the firm’s Bitcoin stash has appreciated to over $8 billion. BlackRock Breaking Record By comparison, Fidelity’s...

Over the course of a groundbreaking launch campaign from February 1st, UXLINK, the leading Web3 social infrastructure platform renowned for its innovative “Real World Social” and “Group” features, launched multiple Web3 wallet feature that exceeded all expectations. During this limited time frame, this feature resulted in the creation and connection of more than 978,000 new Web3 wallet addresses to UXLINK. The average value of assets held in these connected...

COTI Foundation has just announced the target use cases and focus areas for its $100 million development fund, all of which will be allocated in COTI tokens. According to a press release shared with CryptoPotato, there will be a selection process for projects who want to apply for funding, and it will be open to all developers, encouraging them to explore and build data-secure apps. The COTI V2 ecosystem will open up to use cases across a range of different areas, including...

Solana price started a fresh increase from the $98.00 zone against the US Dollar. The price is now trading above $108 and the 55 simple moving average (4 hours). There was a break above a key contracting triangle with resistance at $107 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $114 and $118 to continue higher in the near term. Solana price is trading above $105 against the US Dollar, like Bitcoin. SOL could start a...

Bitcoin price started a strong increase above the $55,000 zone against the US Dollar. The price is now trading above $55,500 and the 55 simple moving average (4 hours). There was a break above a key bullish flag with resistance at $52,000 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to rise if it stays above the $56,000 support zone. Bitcoin price is showing positive signs above $56,000 against the US Dollar. BTC might...

Bitcoin’s fast-rising price is attracting traders and speculators back into the market, on-chain data suggests. In a Tuesday newsletter, blockchain intelligence firm Glassnode highlighted how risk appetite is increasing across various cohorts of the Bitcoin market, including institutional buyers and short-term holders alike. Bitcoin Holders Back In Profit Since the start of the year, Bitcoin has enjoyed massive capital flows, with the asset’s realized cap rising by $30...

Deposits made to Tornado Cash using IPFS gateways through IPFS gateways like – ipfs.io, cf-ipfs.com, and eth.link – may have been compromised, potentially exposing users’ deposited funds to risk, according to pseudonymous Tornado Cash developer ‘Gas404.’ Affected users were advised to take immediate action to safeguard their deposits. User Deposits Vulnerable According to a blog post by Gas404, the community made a startling discovery about the presence of malicious...

TL;DR The valuation of one particular cryptocurrency spiked after Coinbase added it to its “roadmap,” indicating potential future listing. Such announcements from the company have historically led to price increases for affected digital assets, highlighting the impact on market accessibility and investor interest. The price of Akash Network (AKT) jumped by approximately 20% following Coinbase’s announcement to add the token to its “roadmap” section. Assets added to the...

The Virtual Asset Trading Platform (VATP) is a license provided by the government of Hong Kong that allows crypto exchanges to operate within the bounds of the region. Although the license has been available for several years now, only two exchanges – HashKey and OSL – are currently in possession of one. A number of applicants have been on the waitlist for a while – including HTX, formerly known as Huobi, until yesterday, when the firm withdrew its application. Earlier Plans...

TL;DR Bitcoin’s price recently soared above $56,000, with predictions suggesting a further surge to new all-time highs due to the halving event and investor sentiment. Bullish market indicators, such as negative exchange netflows and rising futures open interest, hint at increased confidence and trading activity in BTC. BTC’s Odds to Skyrocket The price of Bitcoin (BTC) has gone through the roof in the past several hours, rising to almost $57,000 (per CoinGecko’s data),...