CryptoNews article header showing Bitcoin coin next to "ETF" letter blocks on green background, headline reading "Grayscale's GBTC Drains Bitcoin ETFs with $105 Million Outflow."

Grayscale’s GBTC drains Bitcoin ETFs with $105 million outflow

Grayscale’s GBTC Yesterday, recorded an outflow of $105 million, the only highlight of an underwhelming day of trading for Bitcoin ETFs. On Dec 12, a day before yesterday, Bitcoin ETFs were pumping pulling in a staggering $597 million. This was the highest inflow recorded for the second week of December. Things were really quiet yesterday…

December 14, 20240Comments

ByMichael Ndu-okeke

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Metis Announces DSEQ Reboot to Incentivize Builders and Users Through Performance-Based Rewards

Metis, a layer-2 Ethereum scaling solution, has announced the relaunch of its Decentralized Sequencers (DSEQ) initiative, aimed at strengthening its decentralized infrastructure and incentivizing meaningful contributions within its ecosystem. Notedly, the DSEQ Reboot introduces a performance-based rewards program that benefits builders, users, and projects by encouraging sustainable growth, community engagement, and collaboration. https://twitter.com/MetisL2/status/1867572264922644629 Key Details of…

December 14, 20240Comments

ByDaniel Nwokolo

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VanEck Predicts Bitcoin, Ethereum, and Solana to Hit New ATHs by 2025

#VanEck predicts #Bitcoin, #Ethereum, and #Solana will hit new ATHs by 2025, driven by U.S. adoption, #blockchain innovations, and institutional interest.

December 14, 20240Comments

ByPeter Macharia

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SEC’s Threat Against Elon Musk Sparks Legal Inequality Concerns

The #SEC threatens legal action against #ElonMusk, sparking concerns about regulatory overreach and its impact on small businesses.

December 14, 20240Comments

ByPeter Macharia

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BiT Global Sues Coinbase Over Delisting of Wrapped Bitcoin

#BiT Global sues #Coinbase for delisting Wrapped Bitcoin (#WBTC) to favor #cbBTC, accusing the exchange of unfair business practices.

December 13, 20240Comments

ByPeter Macharia

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Rep. French Hill Unveils Crypto Plans for 2025 as House Financial Services Chair

Rep. #FrenchHill outlines plans for clear #cryptoregulations in 2025, focusing on market structure, #stablecoins, and debanking practices.

December 13, 20240Comments

ByPeter Macharia

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GO SmartChain AI Launches Tier 1 Node Sale on CV Pad

GO SmartChain AI has announced the launch of its Tier 1 Node Sale on CV Pad, offering early participants a 40% discount on node purchases as part of its RealFi ecosystem expansion. The sale begins on December 15, 2024, at 14:00 CET and runs until December 22, 2024. Notably, the exclusive offer allows CV Pad…

December 13, 20240Comments

ByDaniel Nwokolo

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Midnight Expands DeFi Ecosystem with SundaeSwap, NMKR, and FluidTokens

Midnight, the first partner chain to Cardano, has announced new partnerships with decentralized exchange SundaeSwap, NFT infrastructure provider NMKR, and NFT-based lending platform FluidTokens. Notably, these collaborations aim to enhance security, compliance, and data protection across decentralized finance (DeFi) applications on the Midnight network. Accordingly, the partnerships will build a comprehensive DeFi ecosystem that prioritizes…

December 13, 20240Comments

ByDaniel Nwokolo

CryptoNews article header with Bitcoin coin on ETF trophy stand against courthouse background, headline reading "Bitcoin and Ether ETF Record Combined $870 Million Inflow as Investor Confidence Soar."

Bitcoin Ethereum

Bitcoin and Ether ETF record combined $870 million inflow as investor confidence soar

Spot Bitcoin and Ethereum Exchange Traded Funds (ETF) pulled in a staggering $870 million yesterday indicating a high level of confidence amongst institutional investors. Spot Bitcoin ETFs led the inflows for the day pulling in $597.5 million with Blackrock’s IBIT getting a large percentage of the inflows. Blackrock’s IBIT witnessed an inflow of $431.6 million…

December 13, 20240Comments

ByMichael Ndu-okeke

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Promoters of Iconic Icomtech Bitcoin Scam fined $5m by Californian Court

The U.S. District Court, Central District of California ordered five Individuals to Pay Over $5 Million for the Digital Asset Fraud and Misappropriation Scheme. The development was announced in a press release by the Commodity Futures Trading Commission which revealed relevant details and history of the case. “ The default judgment order finds Carmona, Arellano,…

December 13, 20240Comments

ByMichael Ndu-okeke