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BlackRock and other bitcoin ETFs rob bitcoin of its room to grow
BlackRock and other bitcoin ETFs rob bitcoin of its room to grow

The vise grip organizations like BlackRock have on bitcoin in order to fill their ETFs is a threat to bitcoin’s adoption

Blockworks·2024/05/11 23:31
Three weeks after its blockbuster launch, Runes faces declining activity
Three weeks after its blockbuster launch, Runes faces declining activity

The Runes protocol, which launched on Bitcoin three weeks ago following its halving event, generated $135 million in fees over its first week, but activity has since fallen dramatically. May 10th was the lowest activity day on Runes by several measures, including new mints and new wallets, blockchain data show, in an early test for the new protocol.

The Block·2024/05/11 22:31
Franklin Templeton CEO says all ETFs and mutual funds will be on blockchain
Franklin Templeton CEO says all ETFs and mutual funds will be on blockchain

She also warned that generative artificial intelligence was like the “kid that got an ‘F’ in math.”

Cointelegraph·2024/05/11 20:34
Bitcoin volatility plunges below Tesla, Nvidia stocks amid $100K price prediction
Bitcoin volatility plunges below Tesla, Nvidia stocks amid $100K price prediction

Lower Bitcoin market volatility often precedes significant bull runs, suggesting that the current trend could propel prices toward the $100,000 to $150,000 range.

Cointelegraph·2024/05/11 15:16
Victim of $71 million 'address poisoning' attack recovers funds following negotiations
Victim of $71 million 'address poisoning' attack recovers funds following negotiations

Blockchain data shows that the victim of a $71 million address poisoning attack last week has recovered nearly all available funds when accounting for the changes in crypto prices. Blockchain cybersecurity firm Match Systems and the Cryptex exchange participated in the recovery negotiations, according to a press release.

The Block·2024/05/11 14:43
Flash
01:05
South Korea's KOSPI index hits a record high boosted by a rebound in chip stocks
Glonghui, June 19 — The South Korean KOSPI index reached a record high, boosted by a continued rebound in chip stocks and reflecting the previous night’s gains in the Nasdaq index. Comments from U.S. President Trump that Apple had agreed to cooperate with Intel in chip design and manufacturing also lifted market sentiment. Among the leading gainers, SK Hynix rose 6%, Samsung SDI increased 4.4%, Hanmi Semiconductor climbed 5.1%, and SK Square jumped nearly 7%. The Korea Composite Index rose 2.6% to 9,301.88 points.
01:03
The whale "Set 10 Major Goals First" closed bitcoin short positions with profits exceeding $9.46 million, then switched to going long.
According to ChainCatcher, the contract whale "Set 10 Major Goals First" shared on social media that they closed a short position of 3,173.608 BTC, earning a profit of over 9.46 million US dollars. Afterwards, the whale switched to long, opening a long position of 999.121 BTC at an entry price of 62,682.17 US dollars.
01:01
Whale's「Set 10 Big Goals First」 Close Bitcoin Short for Over $9.46 Million Profit, Then Switch to Long
BlockBeats News, June 19, the contract whale "First Set 10 Big Goals" revealed on social media that they closed a short position of 3,173.608 BTC, making a profit of over $9.46 million. Subsequently, the whale turned to longing, opening a long position of 999.121 BTC at a price of $62,682.17 per BTC.
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