Ethereum ETFs Finally See Inflows After Long Exit Streak
Is the “drought” over? It appears so. After days of discouraging outflows, it seems institutions are turning to crypto. This is an interesting development because, for years, crypto has largely been a retail affair. Now, Wall Street views top cryptos as strategic assets
Bitcoin, XRP, Ethereum Bleeding: Crypto Money Moves to Gold?
The idea that investors would eventually trade their gold and silver for Bitcoin hasn’t happened yet. In fact, the opposite is occurring. In the past year, instead of crypto replacing precious metals, we are seeing a trend where crypto money moves to gold
Ethereum Is Dying, Or Is This the Biggest Buy Signal of the Decade?
Vitalik Buterin might have just killed the Ethereum price and L2 market. Buterin announced this week that “The original vision for L2s and their role in Ethereum no longer makes sense.” The idea in 2021 was that L2s would eventually become decentralized, but
Incognito Market Founder Gets 30 Years as DOJ Targets Crypto Drug Trade
Are the DOJ and authorities in the US working overtime? Following high-profile actions against figures like Maduro, a federal judge in New York recently sentenced 24-year-old Taiwanese national Rui-Siang Lin to 30 years in prison. This sentencing marks yet another victory for authorities
Nevada Moves to Block Coinbase Prediction Markets
The regulatory tug-of-war for crypto’s hottest sector just intensified. Nevada regulators ordered Coinbase to halt its prediction markets operations within the state. The Nevada Gaming Control Board ruled that, despite Coinbase’s federal strategy, its event contracts constitute unlicensed gambling under state law. This
Crypto News Today, February 4: Down Again, Thanks Crypto! BTC USD Fell to $72K Before The Snapping Back, ETH 25% Down in A Week
Reading most crypto news headlines is depressing today. BTC USD briefly tagged a 15-month low under $73,000 before snapping back above $76,000, while ETH USD continued its rough week, sliding 25% and maybe closing to $2,000. This sets the depression in crypto news
What is XAUT? The Tokenized Gold Rush Hitting $5,000 an Ounce
What is XAUT? Tether Gold (XAUT) gives crypto users a way to buy real gold without touching a vault key. Each XAUT token represents ownership of one fine troy ounce of physical gold on the London Good Delivery bar, but it trades with
Crypto Dump Pauses With End of US Shutdown: Relief or Dead Cat Bounce?
Crypto prices stopped their fall after the US House passed a funding deal that reopened the government. Bitcoin briefly sank to $72,800 before climbing back near $76.280, still down 3.2% on the day. This appears to be a temporary end to the US
Will Bitcoin Accumulation Phase Depend on US Credit Markets?
At current market conditions, crypto and Bitcoin traders are high on “hopium.” The thing is, there is nothing they can do. The Bitcoin price appears to be heading in one direction only: southward. Before last week, when real cracks began to emerge, there
Ethereum Dust Attacks Spike After Fusaka Upgrade, Data Shows
If Ethereum is to be a world computer, consistent with its original vision, then it must be cheap to transact on. Remember the CryptoKitties boom of early 2018? Well, that was the first major stress test, and Ethereum failed. Over the years, developers
