Investors a started to move from gold to Bitcoin (BTC) after the launch of spot Bitcoin exchange-traded funds (ETFs), according to the CEO of ARK Invest. “Relative to gold, Bitcoin has been rising. There’s now a substitution into Bitcoin and we think that is going to continue now that there is a less friction-filled way to access…
Ethereum co-founder Vitalik Buterin and the Ethereum Foundation are considering at least five ways to reduce Ethereum’s maximum block size in hopes to optimize the blockchain for the “rollup-centric roadmap.” On Feb. 5, Buterin and Ethereum Foundation researcher Toni Wahrstätter said that with the focus on rollups in the medium and long term, it is argued that…
Ethereum-based liquid restaking protocol Eigenlayer’s total-value locked (TVL) hassurged by a staggering $1 billion in just eight hours after the protocol temporarily removed its staking cap. On Feb. 5, EigenLayer announced that it would temporarily raise its 200,000 Ether per protocol staking cap until Feb. 9 in a bid to “invite organic demand” to the network….
Bitcoin should break new all-time highs in 2024 — but the halving will punish bulls first, new analysis says. In its latest market update released on Feb. 2, trading suite DecenTrader predicted classic “halving year” BTC price behavior. DecenTrader: Bitcoin will “test investors’ resolve” before Q4 all-time high Bitcoin has around one month of sideways price action before…
Daily active users on the Farcaster protocol — a decentralized network for social media applications — has spiked a staggering 400% over the last week following the introduction of “frames” on its social media application Warpcast. Daily active users on the Farcaster network grew from approximately 5,000 on Jan. 28 to over 24,700 by Feb….
BlackRock and Fidelity’s spot Bitcoin exchange-traded funds (ETFs) have made it among ETFs with the largest January flows, totaling around $4.8 billion. BlackRock’s iShares Bitcoin Trust (IBIT) had an estimated $2.6 billion in net flows, reaching eighth place, while the Fidelity Wise Origin Bitcoin ETF (FBTC) landed tenth place with $2.2 billion in net flows, per…
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