Crypto News
10 Spot Bitcoin ETFs Now Hold Over 507,000 BTC, Securing 2.57% of Circulating Supply
On Wednesday, the U.S. spot bitcoin exchange-traded funds (ETFs) saw a modest uptick in positive inflows, amassing a total of $113.5 million across a trading volume of $2.31 billion. The group of ten spot bitcoin ETFs, excluding Grayscale’s Bitcoin Trust GBTC, now encompasses 507,472.89 BTC or 2.57% of the total circulating supply of 19.67 millionSource link
Ripple to Launch USD-Backed Stablecoin on Ethereum and XRP Ledger
Crypto payments firm Ripple is gearing up to debut its own dollar-pegged stablecoin this year. Here’s what we know so far.Source link
Cyber L2 & SPACE ID Partnership Unveiled, Cyber Ecosystem Airdrop Announced
CyberConnect partners with Space ID to improve interoperability, support Cyber L2 scalability, and provide an ecosystem airdrop for token stakers, enabling faster on-chain transactions. (Read More)Source link
NYSE Arca Files Proposed Rule Change for Bitwise Ethereum ETF Listing
NYSE Arca proposes rule change for Bitwise Ethereum ETF listing and trading under Rule 8.201-E, allowing exposure to ether value and establishing Net Asset Value. (Read More)Source link
Bitcoin Cash Demonstrates Resilience With Price Increase Post-Halving
Bitcoin Cash (BCH) experienced a notable fluctuation in its value surrounding its most recent block reward halving, initially dropping to $565 just before the halving but later recovering to around $676, marking an 11% increase for the day and nearly 20% for the week. The halving event, which reduced the reward for Bitcoin Cash minersSource link