BlackRock Ethereum ETF Reaches New Milestone with Positive Net Inflows
BlackRock’s Ethereum ETF saw $118 million in inflows on July 30 despite Ethereum’s price dropping by 1.21% to $3,274.43. On Tuesday, July 30, the Ethereum ETF experienced net inflows following four consecutive days of outflows. Yesterday, the BlackRock Ether ETF ETHA experienced an increase in inflows exceeding $118 million. Nevertheless, the Ethereum price is currently […]
Crypto Community Worries Over Kamala Harris’s VP Choice
Rumors indicate VP Kamala Harris’s potential 2024 running mate, Gary Peters, is concerned about Bitcoin supporters due to his strong opposition to cryptocurrency, fearing stricter regulations. According to rumors, Vice President Kamala Harris is attempting to repair her relationship with the cryptocurrency community. Nevertheless, her most recent actions appear to be in direct opposition to […]
‘Magnificent Seven’ Stocks Lose $2.6T Before Earnings Week
The “Magnificent Seven” tech stocks have lost $2.6 trillion 20 days ahead of earnings week, exceeding Brazil’s entire stock market value. A group of high-performing tech firms, including Microsoft and Nvidia, known as the “Magnificent Seven,” have lost $2.6 trillion from their combined market cap in the 20 days leading up to a high-profile earnings […]
UAE Residents to Trade Crypto via Bank Accounts
Crypto exchange M2 enables UAE residents to buy and sell Bitcoin and Ether directly through their bank accounts, converting dirhams into crypto. According to an announcement shared with Cointelegraph, the digital asset custodian has announced that the new integration enables UAE residents to convert their dirhams into Bitcoin directly. Users can trade BTC and ETH […]
SEC Drops Request on Solana’s Security Status in Binance Case
The SEC withdrew its request on Solana’s security status in the Binance case, causing misunderstandings, but experts stress it’s a strategic move, not a stance change. As part of its litigation against Binance, the SEC withdrew its request to ascertain whether specific cryptocurrencies, such as Solana, are securities on July 30. Nevertheless, this development does […]