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The crypto ETF investment space has shown a clear reaction to the recent downturn in the crypto and U.S. stock markets over the past 12 hours. Bitcoin ETFs See Largest Outflow in 3 Months with $237 Million Exiting According to the latest data from SpotOnChain, U.S. Bitcoin spot
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For the first time, Bitcoin and Ethereum ETFs saw positive inflows on the same day, marking a significant milestone.' According to SpotOnChain data, U.S. Bitcoin spot ETFs ended the trading session on August 1st with an inflow of $50.6 million, a sharp increase from the $0.3
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The assassination of a Hamas political leader in Iran has sparked fears of retaliation, leading to significant market turmoil. The Middle Eastern conflict “sneezes,” and Bitcoin “catches a cold.” Fed Holds Interest Rates Steady In the early hours of August 1, 2024, the U.S. Federal Reserve decided to keep
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According to recent data, addresses holding more than 0.1% of Bitcoin’s supply were actively purchasing Bitcoin, adding up to $5.4 billion in July. The first day of August saw a dramatic drop in Bitcoin’s price to $63,600 amid news of escalating Middle Eastern conflicts. However,
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OKX is teaming up with Aptos to launch a $10 million fund aimed at accelerating the Aptos ecosystem. As of August 1, 2024, cryptocurrency exchange OKX has announced that its investment arm, OKX Ventures, is collaborating with the Aptos Foundation—the entity behind the Aptos layer-1 blockchain—to establish a
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Bitcoin Dominance reached 52.7% over the past week, marking its highest level in three years. Bitcoin Dominance Hits Highest Level Since April 2021. Image: AMBCrypto Bitcoin Dominance, a measure of Bitcoin's market capitalization relative to the total cryptocurrency market cap, surged to 52.7% last week. This
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Mt. Gox continues its asset transfer operations as part of its plan to repay creditors, as previously announced. On the morning of July 31, on-chain data sources revealed that Mt. Gox's Bitcoin wallet cluster made a new transaction involving 47,299 BTC, valued at approximately $3.13 billion.
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Ethereum leaders and community members have come together to reflect on the 9-year journey of Ethereum (ETH). ETH Community Celebrates Ethereum’s 9th Birthday. Image: CoinDesk On July 30, 2015, the first block was recorded on the Ethereum blockchain, marking the launch of the world’s second-largest blockchain network at
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The ongoing debate between Ethereum (ETH) and Solana (SOL) continues to be a hot topic in the crypto market. Ethereum, as a pioneering smart contract platform, boasts a rich ecosystem and long-term value accumulation. Meanwhile, Solana, though a later entrant, has emerged as a formidable competitor with its low fees,
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California has digitized 42 million vehicle records onto the Avalanche (AVAX) blockchain, leveraging new technology to streamline vehicle title transfers and enhance fraud detection. California Digitizes 42 Million Vehicle Records on Avalanche Network. Image: CryptoSlate The California Department of Motor Vehicles (DMV) has partnered with software developer Oxhead Alpha to
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XRP is trading at its highest level since March 25, buoyed by trader optimism that the legal dispute between the SEC and Ripple Labs may be nearing its end. The optimism from traders has pushed XRP, the payment-focused token, to the forefront of the market, surpassing both Bitcoin (BTC) and
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Stablecoin giant Tether has continued its streak of success, reporting a record $5.2 billion profit for the first half of 2024. Tether Reports Record $5.2 Billion Profit for H1 2024. Source: CryptoSlate On the evening of July 31, Tether released its Q2 and H1 2024 operational report. According
