The upcoming Bitcoin halving, which happens for the fourth time, is generating much interest due to its similarities to gold in terms of scarcity, according to insights from Glassnode analysts. Based on Glassnode’s analysis, an important milestone was reached when the production of new bitcoins (BTC) became less frequent than the mining of new gold, … Read more
Binance burned 1.94 million Binance Coin tokens, removing them from circulation. Binance reported that it had carried out the 27th quarterly destruction of Binance Coin (BNB) tokens, eliminating around $1.17 billion from circulation. This represented roughly 1.3% of the entire BNB supply. The quarterly burning of 1.94 million BNB tokens has taken place on the … Read more
In the past few weeks, the actions of whales towards Ripple (XRP), Bitcoin (BTC), and Ethereum (ETH) have drawn significant interest from cryptocurrency enthusiasts. However, it’s Rollblock (RBLK) that has recently piqued their curiosity as large investors have started amassing it. Some analysts predict that this up-and-coming altcoin, currently in the presale stage, could experience … Read more
On April 23, net daily capital inflows into spot Bitcoin ETFs totaled $31.64 million. Based on SoSo Value’s report, although there was a drop from $62 million to $31 million in asset inflows between April 22 and 23, there has been a persistent uptrend in trading activity for the past three days. During this period, … Read more
Fireblocks, a crypto security company, has made available to the public its dApp Protection and Transactions Simulation tool. This move aims to enhance safety when transferring digital assets on the blockchain. After the launch of Bitcoin (BTC) ETFs based on spots in US markets and a surge in cryptocurrency prices during this year, there has … Read more