In recent days, the spot Bitcoin ETFs have been experiencing positive inflows, leading to a resurgence in the price of Bitcoin itself. Just today, the price of Bitcoin reached $66,000 for the first time in about a month. This marks a significant recovery for the cryptocurrency, which had previously dropped to a three-month low of
Crypto
Australian computer scientist, Craig Wright, who claimed to be Bitcoin’s pseudonymous creator, Satoshi Nakamoto, is facing potential criminal charges for perjury and forgery of documents. A recent ruling in the COPA vs. Wright case revealed that High Court Justice James Mellor has referred Wright’s misconduct to the Crown Prosecution Service (CPS) for consideration. The judge
The decentralized finance (DeFi) platform LI.FI protocol has recently fallen victim to an exploit resulting in the theft of over $8 million. The breach was first detected by Cyvers Alerts, who noticed suspicious transactions within the LI.FI cross-chain transaction aggregator. LI.FI issued a statement on July 16, cautioning users to refrain from interacting with any
The US spot Bitcoin ETFs have been experiencing a significant uptrend, with a daily net inflow of $301 million recorded on July 15th. This marks the seventh consecutive day of positive inflows, signaling a strong interest in Bitcoin ETFs among investors. The top spot Bitcoin ETF, BlackRock’s IBIT, led the way with net inflows of
Bitcoin has once again surpassed the $63,000 mark this week, demonstrating its continued bullish momentum in the crypto market. However, the recent activation of a dormant Bitcoin address containing 1,000 BTC worth approximately $60 million has caught the attention of many investors. This particular wallet, which had been inactive for over a decade, initially received
In recent days, the cryptocurrency market has experienced a significant surge, adding a whopping $200 billion to its overall valuation. The two leading cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), have seen notable price increases, with BTC surpassing the $63,000 mark and ETH reclaiming the $3,300 level. Additionally, meme coins such as Dogecoin (DOGE) and Shiba
In the rapidly evolving world of cryptocurrency and decentralized finance (DeFi), one platform has been making waves recently. Scroll, a ZK rollup Layer 2 network, has seen a significant surge in its Total Value Locked (TVL) over the past week, reaching an impressive $1.03 billion according to L2Beat data. This marks a 23% increase and
During the past week, digital asset investment products experienced record-breaking inflows amounting to $1.44 billion, contributing to the year-to-date inflows of $17.8 billion. This surge in investment activity shattered the previous record set three years ago. Despite the strong inflows, trading volumes remained relatively low at $8.9 billion for the week, falling short of the
Bitcoin has recently surged back to the $63,000 level, marking a two-week high that has caught the attention of analysts. The move has been attributed to “U.S. whales,” with institutional Bitcoin purchases on the rise again. A key indicator that analysts have looked at is the Coinbase premium gap, which has shifted from a selling
XRP, the cryptocurrency created by Ripple, has seen a significant price increase recently, outperforming major digital assets in the market. With a 27% price jump in just a week, XRP has caught the attention of many investors and analysts. The cryptocurrency market as a whole has been on a rally, with a total market capitalization
