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0 CommentsSpot Bitcoin exchange-traded funds (ETFs) in the United States are heading for a record-breaking month, helping push Bitcoin to new all-time highs amid rising institutional demand. The US-listed spot Bitcoin ETFs recorded more than $1.5 billion in combined inflows over a two-day period, with $608 million on May 21 and $934 million on May 22,…
To combine Bitcoin’s robust security with the flexibility of the EVM, Syscoin uses advanced rollup technology while addressing issues overlooked by most layer-2 models. Despite innovative layer-2 protocols, scalability and smart contract functionality remain headaches for Web3 developers due to Bitcoin’s fundamental limitations. Even the Bitcoin Taproot update, which opens doors to smart contracts — self-executing…
Censorship-resistant “dark stablecoins” could come in increasing demand as governments tighten their oversight of the industry. Stablecoins have been used for various groups to store assets due to a lack of government interference; however, with regulations pending, that could soon change, Ki Young Ju, CEO of crypto analytics firm CryptoQuant, said in a May 11 X post….
BitMEX co-founder Arthur Hayes says the United States is unlikely to add more Bitcoin to its reserves beyond what it has already seized due to the country’s high debt levels and the stereotype behind “Bitcoin bros.” “I’m not really into the whole Strategic Reserve situation,” Hayes said in a May 1 interview. Hayes doubts print money plans…
About one in four crypto tokens launched since 2021 have failed in the first quarter of this year amid a crypto market downturn and token creation becoming easier than ever, says crypto data platform CoinGecko. Since 2021, nearly 7 million cryptocurrencies have been listed on CoinGecko’s token tracking tool GeckoTerminal, and over half, or 3.7…
Key Takeaways: Ethereum saw a record 449,000 in ETH inflows to accumulation addresses on April 22. Active addresses rose 10%, signaling growing network engagement, but DeFi activity remains weak with declining DEX volumes. Holders in accumulation addresses remain underwater with a realized price of $1,981. Over the past 10 days, Ethereum inflows into accumulation addresses…
