🔸️Ethereum | Bitcoin & Altcoin News

2024-02-22 20:45:30 Two Bitcoin spot ETFs rank among top 8 for ETF inflows in 2024

According to Nate Geraci, President of the ETF Store, 2024 has marked a significant year for Bitcoin Exchange-Traded Funds (ETFs), particularly BlackRock IBIT and Fidelity FBTC. Geraci highlights these two Bitcoin ETFs as standing among the top 8 in terms of ETF inflows this year, a notable achievement considering the diverse ETF landscape. Feb. 21 reveals that IBIT has experienced net inflows totaling $5.5 billion, while FBTC has witnessed net inflows of $3.7 billion.

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ETH | BTC & ALTCOIN News Open / Comment

2024-02-22 14:02:30 Sponge V2 is the next big meme coin by the original Sponge team with great utility including play to earn. Bridging from V1, it boasts a strong foundation with 11,300 holders. After V1's 10,000% surge, V2 aims for even higher.


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Gain early access to a project
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Sponge V2 utilizes LayerZero for cross-chain access to enhance usability


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1. Visit Sponge.vip
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4. Check the staking V2 dashboard for your earnings. Open / Comment

2024-02-22 12:15:20 Tether won’t confirm or deny if it’s dropping USDT on Tron

Stablecoin issuer Tether didn’t provide a definitive answer on whether or not it would cease support for the Tron network after its rival Circle ceased minting its stablecoin on the blockchain on Tuesday. “Tether tokens are issued on several blockchains, which are simply transport layers for such tokens,” Tether said in a statement to Cointelegraph when asked for comment about Circle and whether Tether was considering a similar move.

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ETH | BTC & ALTCOIN News Open / Comment

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2024-02-21 19:10:32 Ethereum breaks 22-month record crossing $3000 amid positive market speculations

Ethereum’s price soared to a noteworthy milestone in the past day, briefly crossing the $3,000 mark for the first time in 22 months. During this period, ETH’s price peaked at approximately $3,025, marking a remarkable 27% surge over the last 30 days. However, its value has retraced slightly to around $2,920 as of press time, experiencing a 3.5% dip, according to CryptoSlate’s data.

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2024-02-11 19:50:27 Chinese Bitcoin Miners Opt for Ethiopia’s Cheap Energy and Ideal Climate

Ethiopia is attracting Bitcoin miners from China with its competitive electricity costs, establishing itself as a major mining hub. Chinese Bitcoin miners have set their sights on Ethiopia in a strategic move driven by the pursuit of cheap energy and favorable climates. Last spring, cargo containers near electricity substations linked to Africa’s largest hydroelectric project, the Grand Ethiopian Renaissance Dam (GERD), signaled the arrival of Chinese miners.

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2024-02-11 09:01:51 Bitcoin Halving Report from Grayscale, the World’s Largest Digital Asset Manager: “This Time It Will Be Different”

Grayscale, the world's largest digital asset manager, has published a report suggesting that the Bitcoin halving event, which will take place in April 2024, could be fundamentally different from previous ones due to significant on-chain activity and positive market structure updates. Faced with decreasing block reward revenue and high production costs, miners prepared by raising funds through equity/debt issuance and reserve sales.

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2024-02-10 23:51:52 JUST IN: The top 5 new spot Bitcoin ETFs now own a combined 195,862 $BTC worth over $9.3 BILLION

This is already more than the 190,000 $BTC Microstrategy holds.

@ChartsSignalsTrading Open / Comment

2024-02-10 21:06:52 Bitcoin ETFs Outperform Three Decades of U.S. Launches

Bitcoin Spot Exchange-Traded Funds (ETFs) achieved a historic milestone by accumulating over $6 billion in assets within their first month of trading, surpassing any ETF launched in the United States in the past three decades. This accomplishment occurred as Bitcoin rose above $47,000, making Bitcoin Spot ETFs the only ones among over 5,500 ETFs to reach such a significant milestone within the initial 17 trading days.

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ETH | BTC & ALTCOIN News Open / Comment

2024-02-10 10:35:12 Bitcoin ETF Reserves Rise: Over 200,000 BTC Worth $9.56 Billion Gathered Since January Debut

In the last 28 days, spot bitcoin ETFs introduced by Blackrock, Fidelity, Ark Invest, Bitwise, Invesco, Vaneck, Valkyrie, Franklin Templeton, and Wisdomtree have successfully gathered significant bitcoin (BTC) reserves. These nine ETFs, together with Grayscale’s Bitcoin Trust (GBTC), commenced public trading on Jan. 11, 2024. Data indicates that aside from GBTC’s holdings, Blackrock’s IBIT fund is the leading holder of bitcoin (BTC), with an impressive tally of 82,515.95 BTC, valued at approximately $3.89 billion.

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