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Month: June 2024

U.S. Spot Bitcoin ETFs Record Second Highest Daily Net Inflows at $886.75 Million
Bitcoin

U.S. Spot Bitcoin ETFs Record Second Highest Daily Net Inflows at $886.75 Million

June 8, 2024 CryptoExpert

TLDR U.S. spot Bitcoin ETFs experienced their second highest daily net inflows on June 4, amounting to $886.75 million. Fidelity’s FBTC led the inflows with $379 million, followed by BlackRock’s IBIT with $274 million and […]

Fhenix Raises $15M & Launches Helium Testnet, Enabling Confidential Smart Contracts on Layer 2
Ethereum

Fhenix Raises $15M & Launches Helium Testnet, Enabling Confidential Smart Contracts on Layer 2

June 8, 2024 CryptoExpert

TLDR Fhenix, an Ethereum Layer 2 network focused on data confidentiality, has raised $15 million in a Series A funding round led by Hack VC, bringing its total funding to $22 million. Fhenix has launched […]

Stephen  Alpher
Cryptocurrency

Bitcoin Price (BTC) Falls After Strong Employment Data

June 8, 2024 CryptoExpert

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by […]

Bitcoin Traders Caught Off Guard: $300 Million Liquidated in 24 Hours
Bitcoin

Bitcoin (BTC) Price Surges to $71k: New All Time High Soon?

June 7, 2024 CryptoExpert

TLDR Bitcoin’s price is currently hovering around $71,000, with its average price across 5-day, 30-day, and 50-day periods falling within a tight 5% range, indicating low volatility and the potential for a price breakout in […]

Base Dominates Ethereum Layer 2 Profitability: TVL Skyrockets to $7.6 Billion
Ethereum

Base Dominates Ethereum Layer 2 Profitability: TVL Skyrockets to $7.6 Billion

June 7, 2024 CryptoExpert

TLDR Coinbase’s Ethereum Layer 2 network, Base, generated over $6 million in on-chain profits in May, outperforming competitors like Blast and Optimism. Base’s total value locked (TVL) has seen significant growth, nearly sextupling from $1.3 […]

Search CoinDesk
Cryptocurrency

Bitcoin (BTC) Mining Stocks Like Core Scientific and TeraWulf (WULF) Soar Amid M&A Frenzy

June 7, 2024 CryptoExpert

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by […]

Bitcoin Ordinals See Renewed Interest With High Value Sales and Surging Volumes
Bitcoin

Bitcoin NFTs Cross $4 Billion in Sales: Outperform Ethereum & Solana Last Month

June 6, 2024 CryptoExpert

Key points: Bitcoin NFTs have surpassed $4 billion in all-time sales volume, ranking fourth behind Ethereum, Solana, and Ronin. In May 2024, Bitcoin NFTs led the market with $171 million in sales, despite a broader […]

Ethereum's Dencun Upgrade Success: A Milestone in Reducing Data Fees
Ethereum

VanEck Analysts Raise Ethereum (ETH) Price Target to $22,000

June 6, 2024 CryptoExpert

TLDR Ethereum ecosystem’s active users have increased ninefold since 2020, with over 2.25 million daily active users in Q1 2024 VanEck analysts predict ETH could hit $22,000 by 2030, driven by growing demand and scaling […]

Margaux Nijkerk
Cryptocurrency

Another Episode in the Layer-2 Teams Drama

June 6, 2024 CryptoExpert

This isn’t the first time that Matter Labs has found itself in hot water with its competitors. In August 2023, the Polygon team went on a media blitz with the claim that Matter Labs had […]

Thailand Approves First Spot Bitcoin ETF for Wealthy & Institutional Investors
Bitcoin

Thailand Approves First Spot Bitcoin ETF for Wealthy & Institutional Investors

June 5, 2024 CryptoExpert

TLDR The Thai Securities and Exchange Commission (SEC) has approved the country’s first spot Bitcoin exchange-traded fund (ETF), to be launched by One Asset Management (ONEAM). The ONE Bitcoin ETF Fund will be limited to […]

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Coinbase
  • Zcash Price Soars as Traders Rotate Into Privacy-Focused Crypto
  • Coinbase Buys $88 Million Worth of Bitcoin in Q1 2026
  • BitMine Plans to Slow ETH Buying Near 5% Supply Goal
  • Polygon Reduces Block Production Time to 1.75 Seconds
  • Bitcoin Dominance Hits 61% as Altcoin Volumes Regain Momentum
  • Hut 8 Stock Surges Over 30% Following $9.8B Deal
  • ETH Stuck Below $2.4K Despite Wider Crypto Market Recovery
  • Quantum Also Adds Proof-of-Ownership Headaches
  • Crypto Fear and Greed Turns Neutral As Bitcoin Holds $80K
  • Strategy’s Michael Saylor Breaks Silence: Bitcoin Sales Now on the Table (MSTR)
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