BlackRock and Fidelity lead as Bitcoin ETFs capture $340 million in a single day BlackRock and Fidelity lead as Bitcoin ETFs capture $340 million in a single day

Quick Take Feb. 14 proved to be another day of impressive inflows for Bitcoin ETFs, recording a net increase of $340 million, according to BitMEX Research. BitMEX data shows that BlackRock IBIT leads the charge with a significant influx of $224 million, elevating its total holdings to a staggering $4.8 billion. Close behind, Fidelity’s FBTC ETF
The post BlackRock and Fidelity lead as Bitcoin ETFs capture $340 million in a single day appeared first on CryptoSlate.

Leia mais

Bitcoin mining difficulty set to hit record high today amid US miner scrutiny Bitcoin mining difficulty set to hit record high today amid US miner scrutiny

Bitcoin’s mining landscape is poised for another challenge as mining difficulty is set to rise by nearly 8% today, Feb. 15. Data from CoinWarz shows that this increase, which is expected to hit a new record high, will surpass 81 trillion at block height 830,592. The network is expected to reach this milestone by 3:16
The post Bitcoin mining difficulty set to hit record high today amid US miner scrutiny appeared first on CryptoSlate.

Leia mais

Bitcoin Hits $52K as BTC Exchange Liquidity Grows at Blistering Pace Bitcoin Hits $52K as BTC Exchange Liquidity Grows at Blistering Pace

Growing Bitcoin ETF interest from Wall Street and the upcoming halving are extremely bullish for BTC, according to analysts.

Leia mais

Chainlink and Telefonica join forces to combat SIM swap attacks as LINK up 30% in Feb Chainlink and Telefonica join forces to combat SIM swap attacks as LINK up 30% in Feb

Chainlink has secured a strategic partnership with Telefonica, a global telecommunications powerhouse, to secure the connection of Web3 smart contracts with Global System for Mobile Communications Association (GSMA) Open Gateway APIs, according to a Feb. 15 statement shared with CryptoSlate. “This collaboration marks a significant step in integrating Telco capabilities into the blockchain industry and
The post Chainlink and Telefonica join forces to combat SIM swap attacks as LINK up 30% in Feb appeared first on CryptoSlate.

Leia mais

How Telefónica and Chainlink Plan to Combat SIM Swapping

If a smart contract receives a response from an API with evidence you’ve been SIM swapped, then it will refuse to process transactions.

Leia mais

Bitcoin ETFs attract $4.1 billion amid $3 billion gold outflows Bitcoin ETFs attract $4.1 billion amid $3 billion gold outflows

Quick Take A data analysis snapshot from Bitcoin Munger presents an interesting nuance in the financial landscape. Historically considered a safe haven asset, Gold has experienced significant outflows from its ETFs. Bloomberg’s chart shows a downward trend, with roughly $3 billion outflows from various gold ETFs YTD and approximately $9 billion over the past year.
The post Bitcoin ETFs attract $4.1 billion amid $3 billion gold outflows appeared first on CryptoSlate.

Leia mais

Ark Invest offloads $34 million in Coinbase while shares jump 7% pre-market ahead of earnings report Ark Invest offloads $34 million in Coinbase while shares jump 7% pre-market ahead of earnings report

Ark Invest, led by Cathie Wood, divested over 200,000 units of Coinbase (COIN) shares, marking its first significant sale in over a month, per the firm’s latest trading file obtained by CryptoSlate. The transaction included the sale of 152,600 Coinbase shares from the ARK Innovation ETF (ARKK). The firm also sold 31,459 COIN shares from
The post Ark Invest offloads $34 million in Coinbase while shares jump 7% pre-market ahead of earnings report appeared first on CryptoSlate.

Leia mais

Tron founder unveils Bitcoin layer-2 solution as BTC DeFi breaks $1.2 billion in TVL Tron founder unveils Bitcoin layer-2 solution as BTC DeFi breaks $1.2 billion in TVL

Tron blockchain founder Justin Sun has unveiled plans for a Bitcoin-based layer-2 solution. In a Feb. 15 post on the social media platform X (formerly Twitter), Sun revealed his intent to foster decentralization and seamless integration of diverse token formats within the TRON network and the broader Bitcoin ecosystem. This strategic move would enhance interoperability
The post Tron founder unveils Bitcoin layer-2 solution as BTC DeFi breaks $1.2 billion in TVL appeared first on CryptoSlate.

Leia mais

Historic exchange withdrawal prices in profit for BTC as upward cost basis trend begins Historic exchange withdrawal prices in profit for BTC as upward cost basis trend begins

Quick Take Tracking the average withdrawal prices from digital asset exchanges provides a viable method to estimate a market-wide cost basis. A deep-dive into the cohorts’ performance reveals an interesting narrative. The most notable cohort is 2021, which had an initial realized price of approximately $47,000 back in 2021. Since then, continuous purchases have brought
The post Historic exchange withdrawal prices in profit for BTC as upward cost basis trend begins appeared first on CryptoSlate.

Leia mais