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Why Grayscale’s Bitcoin Spot ETF, Which Has Seen 78 Days of Outflows, Is Starting to See Net Inflows? Here Are The Theories

Grayscale's spot Bitcoin ETF recently broke its 78-day outflow streak, recording two days of net inflows in a row. The sudden change in the fund's performance sparked controversy among market analysts. While Bloomberg ETF Analyst James Seyffart

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Macro headwinds could spur a ‘boring’ bitcoin summer — or something worse

Bitcoin is no longer merely that taboo thing your techie uncle awkwardly brings up at family gatherings. Well, maybe the asset is only that for you — but if so, you’re in the minority at this point.  Whether you believe in bitcoin or n

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24/7 World Crypto News

Neuralink Safety Concerns Drove Co-Founder to Break Up With Elon Musk

While Neuralink is already testing its brain implants in humans, a scientist who helped start the company says he left to develop a less intrusive technology.

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Fundstrat Co-founder Foresees $150,000 Bitcoin Price in 2024 and $500,000 in Five Years

During an appearance on CNBC’s “Squawk Box” on May 6, Tom Lee, the co-founder of Fundstrat Global Advisors, shared his optimistic outlook on Bitcoin’s price trajectory, predicting a substantial increase to $150,000 by the end of 2

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US Government’s Bitcoin Holdings Surge; What The Reports Show…

According to Arkham report, the US government holds over $13.83 Billion worth of Bitcoin and periodically sells portions of its crypto holdings. The US government currently holds around $13.83 Billion worth of Bitcoin (BTC) from the seizure of assets.

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24/7 World Crypto News

Crypto Billionaire Joseph Lubin Says SEC’s Anti-Crypto Agenda To Have ‘Chilling Effect’ on Ethereum Users – Here’s Why

Ethereum co-founder Joseph Lubin is issuing a warning about the U.S. Securities and Exchange Commission (SEC), saying the regulator’s current policies on crypto will have a lasting effect on the industry. In a new interview with Wired, Lubin says th

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Robinhood to Report Big Quarterly Earnings Report, Joins Crypto Fight Against SEC

Trading app Robinhood Markets is set to report its highest quarterly revenue in nearly three years helped by a rebound in stocks and crypto trading in the first quarter. Robinhood’s shares are up 58% in the first three months of the year, with analy

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AI Tokens ‘Preparing For Round 2’: Industry Shows 8% Growth With RNDR And FET

Excluding Bitcoin, memecoins were the biggest narrative of this cycle. However, Artificial Intelligence (AI) tokens also performed remarkably during the first quarter of 2024. The crypto market recovered over the weekend from the May 1st retrace, with AI

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Swiss National Bank Prefers Tokenized Assets Over CBDCs

The Swiss National Bank (SNB) is at the forefront of integrating cutting-edge technology in the financial sector. At a recent summit in Basel, SNB Chairman Thomas Jordan unveiled the bank’s strategic move towards asset tokenization. Jordan outlin

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Poloniex Hacker Transfers Over $3.3 Million Worth of ETH to Sanctioned Tornado Cash

The hacker behind the attack on cryptocurrency exchange Poloniex in November 2023 recently transferred over 1,100 Ether (ETH) to sanctioned crypto mixer Tornado Cash. The hacker sent the Ether in batches while still holding over $180 million worth of asse

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2 Bitcoin L2 Projects Secure Investments to Enhance Bitcoin’s Defi Capabilities

On Tuesday, two Bitcoin-centric layer two (L2) initiatives successfully secured funding from strategic investors. Botanix Labs, a startup focused on developing a decentralized Turing-complete L2 EVM (Ethereum Virtual Machine), garnered $11.5 million. Mean

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BlackRock, Ondo, Superstate: The Biggest Movers in the RWA Sector in Q1

Catching up on the biggest news from the real-world asset space.

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