After enduring a challenging period marked by nine consecutive days of either zero inflows or net outflows, U.S. Spot ETH ETFs have finally witnessed a positive turnaround. According to recent data, April 22nd brought a welcome influx of capital, signaling a potential shift in investor sentiment towards these relatively new investment vehicles. What Triggered the … Read more
Ethereum is entering one of its most precarious periods since its inception. Usage on the base layer is plummeting, core metrics are nearing multi-year lows, and even co-founder Vitalik Buterin is proposing a radical architectural overhaul. Institutions aren’t waiting to see how it plays out. Blockchain data shows that long-time supporters such as Galaxy Digital … Read more
Jack Mallers, co-founder and CEO of Strike, has been named co-founder and CEO of Twenty One Capital, Inc., a new Bitcoin-native firm preparing to go public via a SPAC merger with Cantor Equity Partners. The company plans to trade under the ticker $XXI and will launch with an initial treasury of more than 42,000 Bitcoin—making … Read more
This is a segment from the Empire newsletter. To read full editions, subscribe. Since last week, Base’s Jesse Pollak has been very busy posting about content coins and prompting folks in his replies to coin everything, though that’s come with some mixed results. Before we get into Pollak’s bullish thought process, I asked him about … Read more
If you’re following developments in the cryptocurrency market, you’ve likely noticed that Coinbase Derivatives has introduced XRP futures contracts to its US derivatives exchange. This move is part of a broader trend where regulated platforms are expanding access to futures trading, giving investors new ways to engage with digital assets like XRP (XRP). But what … Read more
Opinion by: Sasha Shilina, PhD, founder of Episteme and researcher at Paradigm Research Institute Decentralized prediction markets are gaining ground in the scientific world, offering an intriguing answer to the field’s ongoing reproducibility crisis. While a notable share of research findings fail to replicate in independent tests, supporters believe market-driven forecasting can speed up identifying … Read more
iExec Launches $1M Fund to Empower AI and DePIN InnovatorsFor more information about the fund or to apply, visit iExec’s official website. iExec has introduced a $1 million ecosystem fund aimed at accelerating development within the decentralized physical infrastructure networks (DePIN) and AI sectors. By offering both equity-based and grant-based funding, the initiative is designed … Read more
Bitcoin ETFs experienced a historic surge, drawing in $936 million, their largest single-day inflow since January 17. Ether ETFs snapped an outflow streak with $38.74 million in fresh capital. Massive $936 Million Pours Into Bitcoin ETFs As Ether ETFs End Outflow Streak With $38 Million Boost A wave of capital flooded into U.S. spot bitcoin … Read more
Bitcoin dominance has been growing steadily after dropping to 40% in November 2022. This April, Bitcoin dominance crossed the 64% mark, meaning that the market cap of Bitcoin accounts for nearly two-thirds of the entire crypto market capitalization. While some still wait for the altcoin season to begin, others state this cycle is different, and … Read more
AltcoinsBitcoin Veteran commodity strategist Mike McGlone of Bloomberg Intelligence has doubled down on his bearish outlook for Bitcoin, adding Dogecoin (DOGE) to the warning list. According to McGlone, while both assets are currently holding their trendline support levels, that technical strength may soon give way to a deeper correction. In a recent post, McGlone shared … Read more