Bitcoin ETF Market Soars, Hits $2.4B Led by BlackRock

Bitcoin ETF Market Soars, Hits $2.4B Led by BlackRock

In A Nutshell The Bitcoin Exchange-Traded Funds (ETFs) market has recently witnessed a significant milestone, breaking the all-time volume record with combined daily trading volumes reaching $2.4 billion. Leading the pack is BlackRock’s iShares Bitcoin Trust (IBIT), which alone accounted for over half of this volume, highlighting a growing interest and confidence in Bitcoin and…

Kiyosaki Endorses Bitcoin, Silver Amid CBDC Fears

Kiyosaki Endorses Bitcoin, Silver Amid CBDC Fears

In A Nutshell Amidst a backdrop of financial instability and the specter of increased surveillance, Robert Kiyosaki, renowned author of “Rich Dad Poor Dad,” has voiced his concerns over the development of Central Bank Digital Currencies (CBDCs) in the U.S. Citing fears of privacy invasion, Kiyosaki recommends investing in Bitcoin and silver as alternatives to…

Solana Thrives Despite Fee Hike: Activity & DeFi Growth Strong

Solana Thrives Despite Fee Hike: Activity & DeFi Growth Strong

In A Nutshell Despite concerns over rising transaction fees on the Solana network, recent data suggests that network activity remains robust. With an average transaction fee surpassing $0.03, significantly higher than most Layer 2 solutions, the impact on user transactions and network participation was anticipated with keen interest. Analysis indicates that daily active addresses and…

FET Token Surges 54% Amid AI App Buzz, Caution Urged

FET Token Surges 54% Amid AI App Buzz, Caution Urged

tl;dr The Fetch.AI (FET) token experienced a significant 54% price rally over the past 7 days, largely driven by the excitement surrounding the launch of OpenAI’s AI-based video generation app, Sora. The hype around AI technologies contributed to this surge. Despite the impressive growth, technical indicators suggest caution, as the token enters overbought territory with…