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Spot Ether ETFs Expected to Bring $5B to $10B in Inflows, Boosting Liquidity and Causing Price Volatility, Says Kaiko
Markets

Spot Ether ETFs Expected to Bring $5B to $10B in Inflows, Boosting Liquidity and Causing Price Volatility, Says Kaiko

The anticipated launch of Spot Ether ETFs is expected to bring significant capital inflows into the Ethereum market, with predictions ranging from $5 billion to $10 billion
California-based Swan Shelves IPO Plans, Cuts Staff, and Shuts Down Bitcoin Mining Unit
CeFi

California-based Swan Shelves IPO Plans, Cuts Staff, and Shuts Down Bitcoin Mining Unit

California-based Bitcoin services firm Swan has announced significant operational changes, including shelving its IPO plans, cutting staff, and shutting down its managed Bitcoin mining business
HIVE Digital to Build 100MW Bitcoin Mining Facility in Paraguay Amid 14% Tariff Hikes, Brazil Exodus
CeFi

HIVE Digital to Build 100MW Bitcoin Mining Facility in Paraguay Amid 14% Tariff Hikes, Brazil Exodus

Paraguay has recently become a hub for bitcoin miners due to its cheap electricity, lax laws, and low taxes
Grayscale Transfers $1.1B in Ethereum to Coinbase Ahead of Spot ETF Launch
TradFi & Fintech

Grayscale Transfers $1.1B in Ethereum to Coinbase Ahead of Spot ETF Launch

Grayscale Ethereum Trust has transferred approximately $1.1 billion worth of Ethereum (ETH) to Coinbase Prime.
Arkham Transfers 304.5M ARKM to Coinbase Prime; US Gov Moves 58.742 BTC Worth $3.96M
DeFi

Arkham Transfers 304.5M ARKM to Coinbase Prime; US Gov Moves 58.742 BTC Worth $3.96M

Arkham has withdrawn 304.5 million ARKM, valued at approximately $487.24 million, from its vesting contract and transferred them to Coinbase Prime
BlackRock Bitcoin ETF Sees $523M Inflow, $912M Trading Volume, Surpasses QQQ in YTD Flows
TradFi & Fintech

BlackRock Bitcoin ETF Sees $523M Inflow, $912M Trading Volume, Surpasses QQQ in YTD Flows

BlackRock's Bitcoin ETF has seen a significant surge in inflows, with a single-day inflow of $523 million, adding 7,759 BTC
Stablecoin Market Cap Surges 3800% to $165 Billion, Highest Since May 2022
DeFi

Stablecoin Market Cap Surges 3800% to $165 Billion, Highest Since May 2022

The stablecoin market has experienced significant growth, with its market cap rising from $4 billion in early 2020 to approximately $165 billion in July 2024, marking a 3800% increase
Mt. Gox Transfers $2.8 Billion in Bitcoin, Including $149 Million to Bitstamp
CeFi

Mt. Gox Transfers $2.8 Billion in Bitcoin, Including $149 Million to Bitstamp

Mt. Gox has initiated significant Bitcoin transfers, moving a total of 42,587 BTC, valued at approximately $2.8 billion, to new addresses.
Hong Kong Stock Exchange to Launch Asia’s First Bitcoin Inverse ETF Managed by CSOP on July 23
TradFi & Fintech

Hong Kong Stock Exchange to Launch Asia’s First Bitcoin Inverse ETF Managed by CSOP on July 23

The Hong Kong Stock Exchange (SEHK) will launch Asia’s first Bitcoin inverse ETF on July 23
Animoca Brands and TON Blockchain Announce $20M Partnership to Boost $TON Adoption to 1.6 Billion Users
Blockchains

Animoca Brands and TON Blockchain Announce $20M Partnership to Boost $TON Adoption to 1.6 Billion Users

Animoca Brands and TON Blockchain have announced a significant partnership with Moca Network and Moca Foundation.