Brad Garlinghouse, CEO of XRP’s parent company Ripple Labs, has come under intense fire following accusations of lobbying against the strategic Bitcoin reserve.
Brad Garlinghouse has long been perceived as anti-Bitcoin in the crypto community and allegedly sponsored a $5 million smear campaign against Bitcoin mining.
Key opinion leaders came out gun blazing when the…
Ethereum exchange-traded Funds (ETFs) experienced a net outflow of approximately $14.93 million, marking the first net outflow after six consecutive days of inflows.
Farside Investor’s UK revealed that Grayscale Ethereum Trust (ETHE) led the outflows, with a significant withdrawal of $22.29 million.
In contrast, the Fidelity Ethereum (FETH) attracted an inflow of $7.33 million,…
The 11 Bitcoin ETFs recorded a net inflow of $188 million yesterday with the bulk of the funds coming from Blackrock’s IBIT.
Seven out of the eleven Bitcoin ETFs saw transactions, a continued trend from the previous days after the Bitcoin ETFs started the year on the low side.
Farside Investors UK revealed that Blackrock’s…
Web 3 security firm Cyvers Alerts reported a suspicious move of $39 million on the Phemex crypto exchange by suspicious wallet addresses.
The development could easily become the first major hack of 2025 if confirmed to be a breach of the exchange’s security architecture.
Cyvers Alerts shared the information on X alerting the crypto community…
Vitalik Buterin, Ethereum Co-founder and a key figure in the Ethereum community shared the strategy the network is looking to adopt in 2025 with a focus on Expansion and Capacity.
The Ukrainian shared the ideas in a blog post on his personal website with an article titled “ Scaling Ethereum L1 and L2s in 2025…
Ethereum ETFs continued their poor performance yesterday pulling in only $70 million and recording only three transactions.
Ethereum ETFs have witnessed a streak of low investor activity following issues surrounding the Ethereum Ecosystem.
Co-founder Vitalik Buterin revealed plans to revamp the Ethereum inner caucus citing laxity and inefficiency on the part of the team.
The…
Blackrock’s IBIT recorded the only inflow for the 11 spot Bitcoin ETFs pulling in $344 million.
The Inflow from IBIT offset outflows in other Bitcoin ETF funds leaving the ETFs with a net inflow of $248.7 millionn.
The Bitcoin ETFs witnessed low investor activity recording transactions in only four of the eleven Bitcoin ETFs.
Besides…
Bitget is currently the second-largest crypto exchange in terms of the number of users and trading volume.
The Crypto exchange trails Binance and expanded by 400% in 2024 according to the 2024 transparency report by the exchange.
Bitget hit 100 million global users in 2024 with trading volumes surging to new heights.
The exchange’s daily…
The Financial Supervisory Commission of the Taiwanese Government is set to propose a draft law for VASP (Virtual Assets Service Providers) in June this year.
The law will facilitate the permission of banks to issue stablecoins to their clients bridging the gap between traditional finance and Digital assets in the country.
Peng Jinlong, Chairman of…
Ethereum ETFs are quietly reversing an ugly trend of low investor activity on the nine ETFs. Ether ETFs yesterday recorded transactions on six out of the nine available ETFs. The nine ETFs pulled a collective $74.4 million
Despite the increased investor activity, the ETF funds pulled in minimal inflow with none of the funds recording…
