BlackRock’s spot Bitcoin exchange-traded fund (IBIT) has recorded $6.96 billion in net inflows since the start of 2025, surpassing the SPDR Gold Trust (GLD) to become the sixth most popular ETF by inflows. GLD, the world’s largest physically backed gold ETF, slid to seventh place on Monday with $6.5 billion in net inflows, according to…
USDC trading volumes surged to consecutive all-time highs, reaching $219 billion last month, doubling since January. According to data from Kaiko, the rise comes on the back of Circle’s key partnership with Binance, which has significantly expanded USDC’s market presence. USDC’s sharp rise starkly contrasts with the muted activity in the broader market, especially as…
World Liberty Financial (WLFI), the DeFi project partly owned by the Donald Trump family, has opened a community vote to decide whether to proceed with an airdrop of its new stablecoin, USD1. As of press time, 99.98% of voters backed the proposal, representing roughly 4 billion WLFI tokens. Only a small fraction, equating to 0.02%…
Digital bank Revolut is working with Lightspark to roll out bitcoin (BTC) transactions on Lightning Network to customers in the U.K. and select countries in the European Economic Area (EEA). The feature aims to cut transaction fees and payments processing time for crypto users, Lightspark said in a blog post. When asked in an email,…
Bitcoin (BTC/USD) is trading around $96,863, just below a critical resistance level at $97,000. While this price zone presents a key short-term challenge, long-term Bitcoin advocates like Michael Saylor are betting on a much bigger upside. Saylor, the founder of Strategy (formerly MicroStrategy), has been vocal about his $250K Bitcoin price prediction, and his strategy…
TL;DR Although it has moved a little from the multi-year low against BTC recorded earlier this year, ETH continues to struggle when compared to the largest cryptocurrency (and also the greenback). However, ChatGPT outlined several factors that can help it recover some ground and end the year on a high note. Tech Factors It has…
The institutional acceptance of crypto around the world has accelerated significantly recently, developing hand in hand with better-defined regulation. Here, BlockFills CEO Nick Hammer discusses the reasons for crypto’s increasing institutional usage and some of the latest products responding to that demand. What trends are you seeing now in the digital asset space? We’ve been…
BlackRock’s spot Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust (IBIT), has surpassed the SPDR Gold Trust (GLD) in year-to-date (YTD) inflows for the first time, marking a pivotal moment in institutional portfolio preferences. This milestone has come even as the price of gold hit historic highs and accumulated a YTD return of 23.07%. A…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2736.75, up 1.5% (+41.53) since 4 p.m. ET on Tuesday. Sixteen of 20 assets are trading higher. Leaders: LTC (+7.7%) and SUI (+3.9%). Laggards: AVAX (-1.2%) and UNI (-1.1%).…
Bitcoin is facing strong resistance at the $97K level, highlighting an ongoing battle between buyers and sellers. However, current price action suggests a potential corrective phase before any decisive breakout. Technical Analysis The Daily Chart Bitcoin has continued its impulsive surge after breaking above the crucial $90K threshold, reaching the $97K resistance region. However, the…