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Ethereum spot exchange-traded funds (ETFs) could capture between 10-20% of the flows currently directed towards bitcoin ETFs, Bitfinex head of derivatives said.
Global digital asset investment products saw net inflows for the fifth consecutive week, adding $2 billion.
A busy week lies ahead on the United States economic calendar and a key Federal Reserve interest rate decision could rattle crypto markets.
BTC consolidated at around $69,500 after severe turbulence, while BRETT is up a whopping 400% on a monthly scale.
The bank’s China branch said that it is the first foreign bank in China to offer digital yuan services to both retail and corporate customers.
- 02:23Mark Cuban: Federal spending cuts could trigger an economic downturnMark Cuban recently expressed concerns about the U.S. economic outlook, warning that significant cuts in federal government spending could trigger a chain reaction that may ultimately lead to an economic recession.
- 02:22The address with the largest loss on Cocoro sold off its holdings two hours ago, incurring a loss of $317,000According to EmberCN monitoring, the new meme coin Cocoro, created by the owner of the Doge prototype Shiba Inu, experienced a round of price fluctuations within 12 hours. A certain address bought Cocoro near its peak last night and sold it two hours ago, becoming the address with the largest loss on Cocoro. This whale purchased 6.4 million Cocoro at an average price of $0.0836, spending $534,000. Two hours ago, it sold at $0.0338, realizing a loss of $317,000 (-59%).
- 02:21Web3 data and AI company Validation Cloud has raised $15 million in a Series A funding roundWeb3 data and AI company Validation Cloud has announced the completion of a $15 million Series A funding round, led by True Global Ventures, with participation from Cadenza, Blockchain Founders Fund, Bloccelerate, Blockwall, Side Door Ventures, Metamatic, GS Futures, and AP Capital. The company reportedly has over $1.5 billion in staked assets, with clients including Chainlink, Aptos, Consensys, Stellar, and Hedera. The new funds will support its expansion in blockchain intelligence, AI data, and related fields.