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Spot Bitcoin ETFs Experience Lowest Volume Since Jan. 11; Grayscale Unloads Over 13,000 Bitcoin, 9 New ETFs Hold $4.91B in Assets

Introduction According to the latest data, spot bitcoin exchange-traded funds (ETFs) have recently seen a significant decline in trading volume. On Wednesday, these ETFs recorded their lowest trading volume day since Jan. 11, 2024, with approximately $1.28 billion in volume. In addition, Grayscale's Bitcoin Trust (GBTC) has offloaded another batch of bitcoins, totaling 13,178.50 bitcoin […]

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Understanding Multisig Bitcoin Wallets for Enhanced Security

When it comes to safeguarding your bitcoin, using a multisignature (multisig) wallet is widely considered one of the most secure methods. This approach eliminates risks associated with exchanges and custodians while addressing common issues related to self-custody. In this comprehensive guide, we will delve into the concept of multisig wallets, the benefits of self-custody, and

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Core DAO Launches $5 Million ‘Innovation Fund’ to Support Africa-Based Web3 Developers

Introduction Core DAO, the foundation supporting Core Chain protocol, announced the launch of a $5 million fund to provide resources and networks for African Web3 builders. With a significant portion of Core DAO's community located in Africa, the foundation decided to establish a fund specifically aimed at supporting the continent's Web3 developers. More Than Just

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The 2024 Bitcoin Halving: A Game-Changer for BTC Value and Miner Survival

As we step into 2024, the excitement in the cryptocurrency community is palpable as we gear up for Bitcoin's upcoming halving event. This event has historically had a profound impact on the crypto market landscape, and it is crucial to delve into how it may unfold this time around. Let's explore the potential implications of

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Larry David Expresses Regret for FTX Super Bowl Ad Amidst Bankruptcy

The Premiere of "Curb Your Enthusiasm's" Final Season At the premiere of the final season of "Curb Your Enthusiasm," Larry David, the renowned creator behind "Seinfeld" and "Curb Your Enthusiasm," openly expressed remorse for his participation in a Super Bowl ad that promoted the now-bankrupt cryptocurrency exchange FTX. David admitted that his decision to endorse

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Egypt’s Efforts to Stabilize Economy with $1 Billion Treasury Bill Auction

Egypt's Central Bank Aims to Alleviate Pressure on Forex Reserves The Central Bank of Egypt (CBE) is taking further steps to stabilize the country's economy by auctioning dollar-denominated treasury bills (TB) worth $1 billion. This move comes as part of the ongoing efforts to alleviate pressure on Egypt's foreign exchange reserves. Challenges Faced by the

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Paradigm Supports Kalshi in Legal Battle to Offer Prediction Markets in U.S. Congressional Elections

Paradigm Backs Kalshi Against CFTC in Legal Dispute Investment firm Paradigm has come forward to support prediction market platform Kalshi in its ongoing legal battle with the Commodity Futures Trading Commission (CFTC). The dispute revolves around the CFTC's rejection of Kalshi's proposed market, which would enable participants to speculate on the outcome of U.S. Congressional

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