China News by Thebittimes.Com

BlackRock’s iShares Bitcoin Trust (IBIT) saw a record $872 million in net inflows on Oct. 30 as cumulative BTC held by US Bitcoin ETF (exchange-traded fund) products closed on the 1.1 million held by Bitcoin creator Satoshi Nakamoto. Overall, U.S. Bitcoin ETFs registered nearly $900 million in inflows on Wednesday alone, as Bloomberg ETF analyst Eric Balchunas said they are gobbling up BTC ‘’like Pac-Man on a bender.’’ Ok we gonna need to move up our predictions as yest alone the btc ETFs gobbled up over 12k coins like Pac-Man on a bender, now hold 996k btc- good chance to pass 1 million today (as the ridic volume yest likely to translate to big flows tonight). Legit shot to get to Satoshi by… https://t.co/Ua9GzhsBwE pic.twitter.com/84bBprhi6I — Eric Balchunas (@EricBalchunas) October 30, 2024 Bitcoin ETF Inflows Fueled By Factors Including Possible Donald Trump Election Win The surge in inflows marks the largest single-day inflow for B...

Ethereum, a decentralized blockchain network renowned for powering the majority of blue-chip non-fungible token collections, is once again the star of the NFT market. Ethereum began shining in the NFT market earlier this week after most blue-chip NFTs spearheaded by the famous Bored Ape Yacht Club retested a short-market bull run. Bored Ape Yacht Club pic.twitter.com/1vTWEi91Ue — GordonGoner.eth (Wylie Aronow) 🍌 (@GordonGoner) August 16, 2024 Data compiled by CryptoSlam.io, an on-chain crypto market data analytics firm and a renowned non-fungible token explorer, shows that the Ethereum-based non-fungible token collections have significantly surged this week. In the past 24 hours, the Ethereum-based NFT collection has attracted a trading sales volume of $6.8 million, up 54% from the past day. Bored Ape Leads Again In Daily NFT Sales Volume Bored Ape Yacht Club, a non-fungible token collection from the digital asset incubation studio Yuga Labs that Features ...