Deals with articles on the cryptocurrency markets, crypto investment strategies, market analyses, and trading insights.
@Smolbound secures $6M seed funding led by @BitkraftVC to develop a Web3-based game on Treasure Blockchain. The game, currently in closed beta, aims for release next year with potential NFT integration to boost user engagement.
Bitcoin-ETF sees $135.95M inflow, Ethereum-ETF attracts $62.51M, signaling growing investor confidence. @BlackRock’s IBIT fund leads with $98.89M in Bitcoin-ETF inflows, while Ethereum product ETHA draws $59.25M. #Bitcoin #Ethereum
US SEC delays decision on BlackRock’s Ethereum ETF options to Nov 2024, providing more time for evaluation. This move could shape future crypto regulations and significantly impact the Ethereum options market. $ETH @BlackRock @SECGov
An unknown Bitcoin whale transferred 81 $BTC worth $5.18M after 11 years of dormancy, with a transaction fee of $1.24. The whale’s strategic timing at $63,500 per BTC could indicate market confidence or a planned sell-off.
Celestia Foundation secures $100M, boosting valuation to $155M. Top investors like Bain Capital Crypto back the round. $TIA token surges 13% post-announcement, highlighting confidence in Celestia’s innovative modular network.
An inactive Ethereum ICO participant transfers 3510 $ETH to Kraken after two years. Initially acquiring 150,000 $ETH for $46,500, the current value of the transferred ETH is nearly $390 million. The wallet still holds 11,489 $ETH.
USDT’s market cap reached a record $119.1B on Sept 22, commanding 69.16% of the stablecoin market. This marks a 20% growth since March, underscoring its role in the $170B stablecoin sector.
A 14-year dormant Bitcoin whale moved 50 BTC worth $3.15 million with a $0.48 fee. Mined on July 14, 2010, this transaction has sparked market speculation and highlights enduring trust in cryptocurrency.
Grayscale XRP Trust offers a secure way for traditional investors to gain XRP exposure without using crypto exchanges, but is limited to accredited investors with higher costs and a one-year holding period. Long-term value and accessibility are key factors to watch.
40 blockchain projects raised $198.15M from Sept 14-21, 2024. Top recipients: The Open Network ($30M), Drift Protocol ($25M), Helius ($21.75M). Major investors include Bitget, Foresight Ventures, Multicoin Capital, and Foundation Capital.
SEC greenlights $BLK’s iShares Bitcoin Trust for options trading. This move is expected to boost institutional Bitcoin adoption and market volatility. Experts call it a major milestone for the cryptocurrency market, predicting more regulatory endorsements soon.
SEC approves options trading for BlackRock’s $IBIT Bitcoin ETF. This milestone highlights growing acceptance of crypto products in traditional finance and could drive mainstream adoption and new investment strategies. @BlackRock
XRP ($XRP) could reach $2 if Bitcoin ($BTC) rallies to $100K-$150K, boosted by the nearing conclusion of the Ripple vs. SEC lawsuit. Ripple CEO @bgarlinghouse and CLO @s_alderoty believe the case is effectively over, enhancing investor confidence.
A crypto whale sold $3.2M in $PEPE, $FLOKI, and $WLD, netting $200K profit. Despite this, $PEPE surged 13%, $FLOKI rose 10%, and $WLD increased 8%, driven by positive market sentiment from Fed rate cuts.
