Tuesday Top Crypto News
In one short thread…
Yesterday, the spot Bitcoin ETFs saw a total net inflow of $157 million, marking the third consecutive day of net inflows.
The largest inflow came from BlackRock’s ETF, IBIT, which recorded a net inflow of $147 million. Spot Ethereum ETFs registered a total net inflow of $65.14 million, extending their streak to 17 consecutive days.
Bitmain, the world's largest Bitcoin mining machine and chip manufacturer, plans to open its first US factory in the coming months, potentially in Texas or Florida.
The company plans to initially hire 250 local employees.
Fintech leader FIS has teamed up with Circle to integrate USDC payment capabilities into its Money Movement Hub, enabling U.S. financial institutions to offer secure, real-time domestic and cross-border stablecoin transactions.
FIS (Fidelity National Information Services) ranks second in the 2023 IDC Global Fintech Vendor Rankings and is also one of the Fortune 500 companies.
According to Indian media Livemint, Coinbase is in advanced talks to acquire India-based CoinDCX at a valuation below $900 million—far lower than its $2.2 billion peak three years ago.
Sources say Coinbase sees the deal as a long-term bet on the Indian market.
Cboe BZX Exchange has filed a proposed rule change with the U.S. Securities and Exchange Commission under Section 19(b)(1) of the Securities Exchange Act and Rule 19b-4 to list and trade shares of the Invesco Galaxy Solana ETF under BZX Rule 14.11(e)(4).
CryptoPunks’ floor price has climbed 163% since August 2024, now exceeding $200,000 for the first time in over a year….
A recent sweep of 45 Punks and rising Ethereum prices have fueled renewed interest in high-end NFTs.
NFT trading on Ethereum hit its busiest day since February last week, with CryptoPunks driving over half the volume.
Crypto majors trade at the following levels
BTC 118,840 (flat over 24 hours)
ETH 3,845 (down 1.1%)
XRP 3.158 (down 3.4%)
SOL 185.40 (3.6%)
Have a great day!
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