U.S. spot bitcoin exchange-traded funds (ETFs) attracted $422.67 million in inflows on Tuesday, marking the highest single-day inflow since June 5. Blackrock’s IBIT led the pack, pulling in $260 million and boosting the fund’s BTC holdings to 322,125.41 BTC, worth over $20 billion. Massive Inflows into U.S. Spot Bitcoin ETFs Highlight Institutional Backing The spot…
[PRESS RELEASE – Dubai, UAE, July 17th, 2024] Inspired by the Summer 2024 Olympics, BNB Chain hosts a campaign with ecosystem partners to offer a unique experience for users and projects to celebrate the Olympics on BNB Chain. BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, has announced the…
Ripple (XRP) has been making headlines as whales accumulated 300 million tokens over the past weekend, driving a 3% price increase. This bullish activity reflects the positive sentiment among large players, particularly as Ripple (XRP) celebrated the one-year anniversary of the lawsuit ruling. So, why is everyone going crazy for Ripple (XRP)? First, the recent…
The latest International Monetary Fund (IMF) Artificial Intelligence Preparedness Index reveals that only seven African countries have preparedness indices of 0.4 or more. South Africa leads the continent with a score of 0.5, while the Republic of South Sudan (0.11) and the Central African Republic (0.18) are ranked the lowest. Nigeria Not Among Africa’s Top…
TL;DR XRP recorded a substantial price increase as of late, become the sixth-largest cryptocurrency in terms of market cap. Bullish analysts believe there is more fuel for additional gains, envisioning an ascent to as high as $20. Climbing the Crypto Ladder Ripple’s XRP has been on a tear in the past several days, with its…
The spot Bitcoin exchange-traded funds (ETFs) offered in the United States have recorded the highest inflow since June 5th. According to public data from SoSoValue, $422 million entered the market on July 16th. This would be the eighth day the investment vehicles would record consecutive inflows. BlackRock Leads the Charge Investment giant BlackRock led the…
Marc Andreessen, co-founder of prominent venture capital firm Andreessen Horowitz, has announced his support for former President Donald Trump in the 2024 presidential race, citing Trump’s policies as more favorable for the tech industry and startup ecosystem. Andreessen, a self-described lifelong Democrat, explained his reasoning on the latest episode of “The Ben & Marc Show”…
Nicholas Mui, 22, from Grand Haven, Michigan, has pleaded guilty in the 17th Circuit Court in Kent County to conducting a criminal enterprise, involving the theft and sale of Mperks account access information. Mui is required to forfeit his computer tower and approximately $630,000 in frozen cryptocurrency and cash. He compromised Mperks, a loyalty program…
[PRESS RELEASE – SINGAPORE – July 17, 2024] TOKEN2049, the world’s largest crypto event, announced its first batch of headline speakers and prominent title sponsors ahead of its eagerly anticipated return to Singapore. TOKEN2049 will take place from 18-19 September 2024 at Marina Bay Sands, ahead of the Formula 1 Singapore Grand Prix 2024 race…
Zimbabwean mining company, Kuvimba Mining House, has introduced a blockchain-based mine-to-market traceability system for its gold production in the country. This system ensures that all gold from Kuvimba is traceable from the mine to international markets. Kuvimba, the country’s largest gold producer, emphasizes transparency, legitimacy, and responsible mining. The Comstack system, utilizing blockchain technology, enhances…