Crypto News
Ether Spot ETFs Could See Up to $5.4B of Net Inflows in First 6 Months: Citi
Spot ether exchange-traded funds are expected to see 30%-35% of bitcoin ETFs' net inflows, and may disappoint due to a number of other factors such as the lack of staking, the report said.Source link
Binance Futures to Introduce WIFUSD COIN-M Perpetual Contract with 20x Leverage
Binance Futures announces the launch of the WIFUSD COIN-M Perpetual Contract with up to 20x leverage, starting July 23, 2024. (Read More)Source link
Tokyo-Based Metaplanet Adds Almost 22 More Bitcoin to Its Treasury
Metaplanet, a Tokyo-based public company, has revealed that it has acquired more bitcoin for its treasury holdings. According to disclosure statements, Metaplanet acquired 21.877 bitcoin, spending about $1.26 million (200 million Japanese yen) for this purpose. Now, Metaplanet holds 225.61 bitcoin, having paid a little over $14.17 million for the cryptocurrency acquired. In May, theSource link
Chainalysis Chief Economist Joins Tether Amidst Ongoing Class Action Lawsuit
Amidst a legal challenge, Tether, the USDT stablecoin issuer, has made a strategic appointment. The Chief Economist of crypto surveillance company Chainalysis, Philip Gradwell, has been brought on board as Tether’s Head of Economics. This move comes at a time when Tether and its sister crypto exchange Bitfinex are facing a class action lawsuit. TheSource link
Bitcoin Dives as Mt. Gox Trustee Moves $2.8 Billion to Cold Wallet
After reaching $65,000 earlier today, Bitcoin took a dive as the Mt. Gox trustee shifted Bitcoin into one of its cold storage wallets.Source link