Recent data from SoSoValue highlights a significant net outflow in Bitcoin spot ETFs, amounting to $62.7725 million on February 21, 2023. Notably, the Grayscale Bitcoin Trust (GBTC) experienced a substantial single-day net outflow of $60.0798 million, which raises its total historical outflow to approximately $22.106 billion. In contrast, BlackRock’s ETF, IBIT, led the market with … Read more
On February 22, COINOTAG News reported that Farside Investors has been closely tracking the **Ethereum spot ETF** market. Their analysis revealed a notable **net outflow** of **$8.9 million** from the US Ethereum spot ETFs. This trend highlights investor sentiment amid fluctuating market conditions. It is significant to note that only **Bitwise’s ETHW** fund recorded a … Read more
Gunzilla Games Web3 director says the biggest problem in blockchain gaming is the lack of “new money coming into the system.”
Turkey is not giving up on BRICS. Foreign Minister Hakan Fidan said the country is still actively seeking membership in the economic alliance led by Brazil, Russia, India, China, and South Africa after decades of being shut out of the European Union. Speaking to Bloomberg on Friday, Fidan confirmed that Turkey is “exploring joining groups … Read more
Russia’s Supreme Court is pushing to classify cryptocurrency as property in penal cases, aiming to strengthen law enforcement’s ability to track, freeze, and confiscate illicit digital assets. Russia’s Supreme Court Advances Crypto Legalization Efforts Russia’s Supreme Court has taken an increasingly active role in defining the legal status of cryptocurrency, with its latest efforts focusing … Read more
The recent controversy surrounding the memecoin Libra (LIBRA) has sparked significant global attention, particularly following revelations about its alleged ties to prominent political figures and “questionable business practices.” According to reports from The Big Whale, the team behind Libra was allegedly developing a parallel memecoin project in Nigeria and had established contact with the Nigerian … Read more
The cryptocurrency landscape has recently experienced a notable spike in Dogecoin trading activity, primarily driven by substantial whale transactions. Observers have noted that these market players acquired 110 million DOGE tokens within a mere two days, underscoring the scale of their engagement in the market. What Effect Do Whale Transactions Have?Are ETF Developments Impacting Market … Read more
Coinbase’s CEO says winning against the SEC was crucial to protecting U.S. crypto, accusing the agency of overreach and political intimidation. Coinbase CEO Reveals Why Standing Up to the SEC Was Essential Following the U.S. Securities and Exchange Commission’s (SEC) decision to withdraw its lawsuit against Coinbase, CEO Brian Armstrong addressed the situation, explaining why … Read more
Coinbase’s CEO says winning against the SEC was crucial to protecting U.S. crypto, accusing the agency of overreach and political intimidation. Coinbase CEO Reveals Why Standing Up to the SEC Was Essential Following the U.S. Securities and Exchange Commission’s (SEC) decision to withdraw its lawsuit against Coinbase, CEO Brian Armstrong addressed the situation, explaining why … Read more
Bitcoin price move above $100,000 could lead to retesting the January high of $106,457, while a drop below $94,000 may push the price toward $90,000. Ethereum has rebounded from its recent dip below $2,600, while Ripple’s XRP is facing strong resistance at $2.72. After a period of brief consolidation recently, the Bitcoin price could be … Read more