Crypto News

Stablecoin issuer Tether is ending support for USDT on five "legacy" blockchains after previously halting minting on those networks.Source link

Ethereum's ether (ETH), the second largest crypto asset, is seeing renewed investor interest, with spot exchange-traded funds (ETFs) in the U.S. recording one of their strongest streak of momentum of their one-year history.On Thursday, BlackRock’s iShares Ethereum Trust (ETHA) booked its largest daily inflow to date, with over $300 million, pushing its total assets under management to $5.6 billion, data compiled by Farside Investors show.That’s part of a broader resurgence in ether-backed investment products. The nine U.S.-listed ETH ETFs attracted a combined $703 million in net inflows this week, according to crypto data provider SoSoValue. Although Friday’s data is still pending, it has already marked the third-strongest weekly haul since the products launched last July.Investor demand has picked up lately...

Bitcoin surged past $118,000, setting a new all-time high amidst ETF inflows, regulatory optimism, and bullish momentum. Explore key trends, technical analysis, and trading strategies. (Read More)Source link

Precious metals enthusiast and entrepreneur Peter Schiff has been spotlighting silver’s recent momentum—and taking a few jabs at bitcoin in the process, calling it a “distraction.” As Bitcoin Soars, Schiff Says Silver Is the Real Moonshot Investors Are Missing On Thursday, as bitcoin blasted past its previous all-time highs this year, the longtime gold advocateSource link

Publicly traded Upexi is poised to boast the largest Solana treasury stash once its latest funding round is completed.Source link