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Author name: Ujalah Khan

Ujalah is a talented technical writer of blockchain. Her expertise lies in the news sector of Crypto and NFTs.

US spot Bitcoin ETFs attract $31 million in net inflows after a period of outflows

US spot Bitcoin ETFs attract $31 million in net inflows after a period of outflows

Leave a Comment / Crypto, Crypto News /

On Tuesday, US spot Bitcoin ETFs experienced a notable reversal in their net inflow patterns, garnering $31 million after enduring seven consecutive trading days of net outflows from the 11 existing Bitcoin funds. US Spot Bitcoin ETFs Fidelity’s FBTC spearheaded the inflows, pulling in $49 million, the highest among the ETFs. Bitwise’s BITB followed with […]

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Solana Foundation Launches Tools to Streamline Crypto Transactions

Solana Foundation Launches Tools to Streamline Crypto Transactions

Leave a Comment / Crypto, Crypto News /

The Solana Foundation launches tools to streamline crypto transactions. This non-profit organization dedicated to advancing the Solana blockchain, and has introduced two innovative tools, “Actions” and “Blinks,” aimed at simplifying cryptocurrency transactions across various platforms. Solana Foundation launches Tools Announced on Tuesday, these tools are designed to integrate blockchain transactions seamlessly into websites, social media

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Will ETH ETFs Propel ETH to $4K or Pull It Down to $2.4K

Will ETH ETFs Propel ETH to $4K or Pull It Down to $2.4K?

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Expectations surrounding the ETH ETFs have been modest, with analysts holding mixed opinions. At press time, ETH has dipped to $3.2K, marking an 18% decline from its recent high of $3.9K following the partial approval of ETFs in late May. ETH ETFs With the potential ETF launch just days away, Andrew Kang, founder of the

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Coinbase Faces Scrutiny Over Crypto Asset Accounting Practices

Coinbase Faces Scrutiny Over Crypto Asset Accounting Practices

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Coinbase faces scrutiny for its accounting practices regarding crypto assets. This heightened examination is a result of the company’s early adoption of a new rule established by the Financial Accounting Standards Board (FASB). https://www.coinbase.com Coinbase Faces Scrutiny Coinbase’s situation underscores the broader challenges and considerations involved in the financial reporting of crypto assets. As regulatory

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Litecoin Hashrate Reaches Record Levels, Is It Worth Your Attention

Litecoin Hashrate Reaches Record Levels, Is It Worth Your Attention?

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Litecoin hashrate reaches record levels crossing over 1.3 quadrillion hashes per second. This increase in computational power is a crucial aspect of Litecoin’s network, as it plays a vital role in securing transactions and creating new blocks on the blockchain. Litecoin Hashrate Litecoin, a prominent digital asset known for its low transaction fees and fast

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MetaMask Introduces Pooled Staking for More Affordable Ethereum Validation

MetaMask Introduces Pooled Staking for More Affordable Ethereum Validation

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MetaMask, the leading Ethereum wallet, is introducing a pooled staking feature this week to make Ethereum staking more accessible and cost-effective. The new pooled staking feature aims to lower this entry threshold, enabling more users to contribute to the blockchain’s security and earn rewards without needing to operate a full validator node. https://metamask.io Pooled Staking

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XRP Price Fails to Meet Investor Expectations

XRP Price Fails to Meet Investor Expectations

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Despite its strong fundamentals, XRP price fails to meet investor expectations adding to the continued disappointment of the investors. On June 11, Bitcoin’s price dropped below $66,000, triggering a red day for almost all crypto assets. XRP Price Fails Following Bitcoin’s gradual decline since June 6, XRP and other cryptocurrencies have experienced a series of

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Bitcoin ETF Fund Withdrawals hit a significant number

Bitcoin ETF Fund Withdrawals hit a significant number

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Bitcoin ETF fund withdrawals hit a significant number. On June 10, eleven spot Bitcoin investment funds in the US experienced a substantial net outflow of $64.93 million, marking the end of a remarkable 19-day inflow streak. https://blockworks.co/bitcoin-etf Bitcoin ETF Fund withdrawals The longest-ever period of continuous inflows, which concluded on May 7, had amassed over

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Shiba Inu Token Burn Rate Experiences Major Surge in

Shiba Inu Token Burn Rate Experiences Major Surge in

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Over the past 24 hours, the Shiba Inu token burn rate has experienced a major surge, skyrocketing by an astonishing 2814%. This notable increase occurred even as SHIB’s market price continued to decline. https://coinmarketcap.com/currencies/shiba-inu Shiba Inu Token Burn Rate The spike in burn rate has been attributed to remarks made by SHIB’s marketing leader, Lucie,

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Ethereum Price Faces Resistance, Challenging Path Ahead

Ethereum Price Faces Resistance, Challenging Path Ahead

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Ethereum price faces resistance with a challenging path ahead. The price experienced a significant drop, testing the support zone at around $3,580. Ethereum Price Faces Resistance After hitting a low near $3,574, ETH is now attempting to recover, similar to Bitcoin. However, it encounters multiple resistance levels near the $3,740 zone. Recently, Ethereum extended its

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