Bitcoin exchange-traded products (ETPs) now hold more than 1.47 million Bitcoin, amounting to 7% of the cryptocurrency’s maximum 21 million coin supply. US-based exchange-traded funds for Bitcoin (BTC) have scooped up the largest share, with their holdings exceeding 1.29 million BTC held across all 11 funds as of Sunday, Aug. 31, according to data shared…
Key Takeaways Tron’s active addresses topped 2.5 million after reducing network fees by 60%. The fee cut is aimed at boosting user adoption and maintaining Tron’s dominance in stablecoin transactions. Share this article The Tron blockchain recorded roughly 2.5 million active addresses over the past 24 hours, giving it a lead over major networks, according…
Revolut has begun a secondary share sale valuing the fintech at $75 billion, allowing employees to sell up to 20% of their holdings in one of Europe’s largest private tech transactions to date. Summary Revolut has launched a $75B secondary sale, letting employees sell 20% of their shares. The company nearly doubled revenue and profit…
Digital asset investment products staged a comeback last week, reversing prior outflows with $2.48 billion in inflows. August inflows now total $4.37 billion, which lifted year-to-date numbers to $35.5 billion. Activity was strong until Friday, when flows turned negative following the Core PCE release. The data dampened hopes for a September Fed rate cut and…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin (BTC) is likely to benefit from the inclusion of Strategy (MSTR) – formerly MicroStrategy – in the S&P 500 Index following one of its strongest quarterly results. To recall, Strategy is the world’s leading Bitcoin treasury firm, holding more than three…
Ethereum’s largest testnet, Holešky, will sunset as part of a planned shutdown and migration to the Hoodi testnet following several technical issues earlier in the year. The foundation said Monday that Holešky will be shut down two weeks after the Fusaka upgrade is finalized on the network. The upgrade is proposed for sometime in the second…
Key Takeaways World Liberty Financial launched its WLFI token with an initial valuation exceeding $30 billion. The project operates on Ethereum, has backing from Donald Trump, and its USD1 stablecoin is expanding across multiple chains. Share this article WLFI, issued by Trump-backed DeFi firm World Liberty Financial, went live on leading exchanges today at $0.3,…
Summary A weaker dollar, safe-haven demand, and Fed rate-cut forecasts all helped gold soar to about $3,490/oz, its highest level in four months. Future U.S. data (ISM, JOLTS, ADP, and NFP) will be crucial; while resilience in wages or services could restrict gains, poorer labor numbers could drive gold higher. With bullish momentum still present…
Exchange supply levels for LINK continue to decline, following the same movement that began a few years ago. With profits and open interest at sky-high levels, will this ignite the next market upswing, or is there more to the story? Exchange Reserves Drying Up According to data from CryptoQuant as of the time of writing,…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The race to bring Solana exchange-traded funds (ETFs) to the U.S. market is gaining pace. Several leading asset managers have moved closer to launching Solana spot ETFs by submitting updated filings with regulators. The filings arrived at the same time as coordination…
