Bitcoin exchange-traded funds (ETFs) broke their four-day red streak with a $92 million inflow, led by Blackrock and Bitwise, while ether ETFs extended their recovery with a $35 million gain. BTC and ETH ETFs See Gains As Market Finds Its Footing Signs of stabilization crept back into crypto markets on Wednesday, Aug. 6, as both […] Original
Key Notes The acquisition will close in Q4 2025 following regulatory approvals and Trump’s recent GENIUS Act passage. Rail’s virtual accounts and automated infrastructure will enhance Ripple’s operational efficiency significantly. The combined platform enables seamless stablecoin payments across major corridors without crypto balance sheet exposure. Earlier today, August 7, blockchain firm Ripple announced the $200 million acquisition of stablecoin-powered payments platform Stellar Rail. This move comes as the company looks to expand its stablecoin infrastructure along with the use cases of its native RLUSD stablecoin. This is the first major…
This content is provided by a sponsor. PRESS RELEASE. More than 150 million people speak Swahili across Kenya, Tanzania, Mozambique, Burundi, and the Democratic Republic of Congo — regions where interest in bitcoin is growing, but educational materials in local languages remain scarce. This has long limited access to essential knowledge about how bitcoin works […] Original
Key Notes NIGHT token airdrop launched with a 60-day claim window. Over 50% of the tokens were allocated to Cardano users. Charles Hoskinson confirmed 470 million tokens already redeemed. Cardano’s privacy-focused sidechain, Midnight Network, has officially kicked off its long-awaited NIGHT token airdrop, dubbed the “Glacier Drop.” Crypto experts are calling it one of the most ambitious airdrops in crypto history. Notably, the Glacier Drop targets 30 million wallets across eight major blockchain ecosystems, such as Bitcoin, Ethereum, Cardano, Solana, BNB Chain, Avalanche, XRP Ledger, and Brave. It aims to…
The Smarter Web Company has launched Smarter Convert, a bitcoin-denominated convertible bond fully subscribed by institutional investor TOBAM for $21 million. The initiative enables Smarter Web to raise capital while expanding its bitcoin treasury. TOBAM Backs Smarter Web With $21 Million Investment The Smarter Web Company has announced the successful launch of Smarter Convert, an […] Original
Bitcoin exchange-traded funds (ETFs) remained under pressure on Tuesday, posting a $196 million outflow, their fourth consecutive day in the red. Ether ETFs staged a recovery with $77 million in net inflows, signaling diverging investor sentiment. Bitcoin ETFs Red Streak Hits Day 4 As Ether ETFs Turn Green with Solid Inflows The split in investor […] Original
A bold forecast has stirred debate in crypto circles. Based on reports, a long-time investor known as Pumpius argues that XRP could one day trade at a whopping $1 million per coin! Related Reading That’s a huge jump from its current price near $2. The prediction rests on the idea that XRP will become the main bridge asset in a tokenized global economy worth up to $1 quadrillion. Tokenization Efforts Gain Ground According to Pumpius, Ripple is quietly moving real-world assets onto its blockchain. A government-backed real estate token pilot…
On Tuesday, with bitcoin sitting comfortably above $110,000, holding at $113,850 by 4 p.m. Eastern time, a long-time holder moved 1,100 BTC — worth $125.23 million — for the first time in more than eight years. Long-Dormant Bitcoin Fortune Reappears Following last month’s record spends, dormant bitcoins are still stirring in August. On Aug. 5, […] Original
Bitcoin exchange-traded funds (ETFs) faced a $333 million setback as ether ETFs posted their largest single-day exit on record with $465 million in outflows, signaling a sharp shift in investor sentiment. Combined, the crypto ETF market lost nearly $800 million in one trading session. Crypto ETF Sell-Off: Bitcoin and Ether Funds Post $798 Million Combined […] Original
Key Notes BlackRock Bitcoin ETF (IBIT) saw a massive $5.2 billion in net inflows in July, reinforcing its positions as a leader in the space. US spot Bitcoin ETFs saw their third consecutive day of outflows, led by IBIT, Fidelity’s FBTC, and Grayscale’s GBTC. Bloomberg’s Eric Balchunas highlighted a shift in institutional interest toward digital assets and hedge funds, amid a slowdown in private asset fundraising. BlackRock iShares Bitcoin Trust (IBIT) dominated the spot Bitcoin ETF outflows on Aug. 4, at $292 million. This is the biggest outflow since May…