Kazakhstan abolished 36 illegal cryptocurrency exchanges in 2024

Ethereum

Ethereum ETFs Pull in $128.7 Million Recording No Outflows

Ethereum ETFs pulled in $128.7 million for the day recording no outflows in the process. It has been a year of inflows and no outflows so far for both Bitcoin and Ethereum Exchange Traded funds. Bitcoin ETFs pulled in nearly $2 billion in the last two days driving Bitcoin price above $100,000. Ethereum ETFs have…

Bitcoin News

Bitcoin ETFs record nearly $1 billion inflow, pushing Bitcoin above $100,000

The 11 spot Bitcoin ETFs pulled in a staggering $978 million in inflows almost hitting the $1 billion mark for the second time in a row. The massive inflows into the Bitcoin ETFs helped push the crypto asset above the $100,000 mark for the first time since the second week of December 2024. Eight out…

News

Governor of the Czech National Bank Hints at Bitcoin Becoming an Option For Future Reserve

The governor of the Czech National Bank, Aleš Michl, hinted at Bitcoin becoming a potential option to diversify the country’s growing foreign exchange reserves. He explained that the Czech government is increasingly seeing Bitcoin as a viable savings technology. Speaking in an Interview with CNN Prima Michi revealed that he was considering acquiring some Bitcoin…

News

Coinswitch Exchange Announces Recovery Program for WazirX Victims, Faces Backlash

Ashish Singhal, CEO of Indian exchange Coinswitch announced a recovery program for victims of the $230 million WazirX hack that occurred in July 2024. The recovery program however drew backlash from members of the Wazir X community as it is perceived as a marketing strategy rather than a genuine effort to help. Singhal announced this…

Ethereum News

Ethereum ETFs record first inflow of the year, Pulling in $58.9 million

The Nine Ethereum ETFs recorded their first day of net inflow for the year. The Ether ETFs pulled in a humble $58.9 million recording transactions on only 4 out of the nine ETF products. The net inflow day follows a day of net outflow which occured on the second day of the year. The Ether…

Bitcoin News

Bitcoin ETFs pull in nearly $1 billion in a single day of trading

The 11 spot Bitcoin ETFs recorded their highest number of inflow in several months pulling in a staggering $908 million on the last day of trading last week. The $908 million inflow is the highest recorded inflow for the Bitcoin ETFs in several months of trading. Six out of the 11 spot Bitcoin ETFs recorded…

Altcoins News

$227 Million worth of Solana Moved to Centralized Exchanges Clouding Bullish Outlook

A whopping $227 million worth of Solana was moved to centralized exchanges last week clouding the bullish outlook given by the token's technical indicators. Last week witnessed the highest influx of SOL to CEX since the third week of March 2024. About $227 million SOL moved to Centralized exchanges in the course of 7 days. …

News Technology

Ethereum founder Vitalik Buterin warns of the Menace of super-intelligent AI

Vitalik Buterin, co-founder of the Ethereum blockchain and top voice in the crypto space warned about the dangers posed by super-intelligent Artificial Intelligence. The Ukrainian crypto founder called for a technical response and a robust defense mechanism to address the challenge. Buterin's comments come at a time when discussions around the dangers of potential abuse…

Ethereum

Ethereum ETFs Record Zero inflows while losing $77 million

The nine-spot Ethereum ETFs recorded no inflows for the day yesterday and lost $77 million to outflows in two funds. Yesterday was an abysmal day of trading for Ether ETFs with only two out of the nine ETF products recording transactions that turned out to be outflows. This inherently means that Ethereum ETFs are yet…

January 3, 20250Comments