“Currently, [Littio] is the only Latin American neobank using [our vaults], but we have more clients set to come online this year offering different types of USDC-based fintech services,” Jeff Handler, chief commercial officer at OpenTrade, told CoinDesk. Source
Based on the latest data, U.S. spot bitcoin exchange-traded funds (ETFs) ended the day with net losses, while spot ethereum ETFs also experienced a decline. $18.66M Flows Out of Bitcoin ETFs as Ethereum Funds Also Falter On Tuesday, the 12 spot bitcoin ETFs saw $18.66 million flow out, with a trading volume hitting $1.35 billion. […] Original
The Ethereum Foundation was at the center of attention recently concerning a liquidation plan it has set in place to sell parts of its Ether balance. According to the on-chain tracker Lookonchain, a wallet linked to the foundation moved 2,500 ETH, valued around $6 million, to the exchange Bitstamp on October 8, 2024. This is part of an increasing trend in which large holders, colloquially known as “whales,” are selling their holdings in the face of this volatile market environment. A whale deposited 11,456 $ETH($27.8M) to #Binance in the past…
Este artículo también está disponible en español. Ethereum (ETH) has seen significant volatility in recent weeks, dropping from a one-month high of nearly $2,730 at the end of September to around $2,400, raising concerns about the medium-term price sustainability of the second-largest cryptocurrency by market capitalization. Ethereum Rally To $6,000 If $2,300 Support Holds Ethereum has fallen 7% in the past two weeks, with a key support level now at $2,300. This support is crucial for bullish investors hoping for a resurgence that could push ETH to new all-time highs.…
Spot Bitcoin ETFs in the U.S. broke their two-day inflow streak on Oct 8, registering a day of negative flows, while spot Ether ETFs followed suit, logging outflows after a day of stagnation. According to data from SoSoValue, the 12 spot Bitcoin ETFs saw net outflows totaling $18.66 million, signaling a potential shift in investor sentiment amid a broader market slowdown. This decline comes after these funds collectively attracted an impressive $260.78 million in inflows over the previous two days. Fidelity’s FBTC and Grayscale’s GBTC lead outflows Fidelity’s Bitcoin ETF…
Ethereum price corrected gains and tested the $2,400 support. ETH is now consolidating and might aim for a fresh increase above the $2,465 resistance. Ethereum started a downside correction below the $2,500 zone. The price is trading just above $2,430 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming with support at $2,420 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $2,400 support level to start another increase in the near term. Ethereum Price Holds Support Ethereum price…
Binance, the largest digital asset exchange in the world, is about to list its first pre-market altcoin for trading. In a blog post, the exchange says it is listing the new Ethereum (ETH) layer-2 Scroll (SCR) on the Binance Pre-Market platform, a service announced last month that allows users to acquire tokens in advance of their official spot listing. Says Binance, “Binance will be the first platform to list the token mentioned herein, with Pre-Market trading starting at 2024-10-11 10:00 (UTC). Any claims to offer this token for sale before…
The layer two platform Linea has teamed up with Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to offer developers a more secure and seamless environment for creating decentralized applications. This collaboration seeks to overcome common issues like cross-chain security and scalability. Linea Expands Ecosystem With Chainlink’s CCIP Linea, an Ethereum layer two (L2) network, recently shared news […] Source CryptoX Portal
Spot Bitcoin exchange-traded funds in the U.S. saw a significant jump in net positive flows, while Ethereum spot ETFs saw a complete standstill. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged inflows of $235.19 million on Oct. 7, a surge of over nine times compared to the $25.59 million inflows recorded the previous trading day. Fidelity’s FBTC led the charge with $103.68 million in inflows, followed closely by BlackRock’s IBIT, the largest spot Bitcoin ETF by net assets, which saw $97.88 million. IBIT had reported zero flows…
Este artículo también está disponible en español. Ethereum Improvement Proposal (EIP) 7781 aims to reduce Ethereum network slot times, expand blob capacity, enhance decentralized exchange (DEX) performance, and lower gas fees. What Is Ethereum Improvement Proposal – 7781? EIP-7781 has garnered attention from the Ethereum (ETH) community due to its potential impact on the smart contract platform. Proposed by Ben Adams, co-founder of Illyriad Games, the new EIP promises several benefits, including reducing network slot times from 12 seconds to eight seconds, resulting in a 33% increase in transaction throughput…