Chain News Today TheBitTimes.com

Ethereum ETFs inflows are outdoing Bitcoin ETF inflows. BlackRock’s iShares Ethereum Trust (ETHA) ETF leads with a $89.51M inflow on Dec 23, 2024. This Market shift may signal an altcoin season in 2025. In a surprising turn of events in the cryptocurrency market, Ethereum spot ETFs have been experiencing significant inflows, overshadowing the outflows noted in Bitcoin ETFs. On December 23, 2024, Ethereum ETFs recorded a net inflow of $130.8 million, with BlackRock’s iShares Ethereum Trust (ETHA) ETF leading with $89.50 million and Fidelity’s Ethereum ETF (FETH) adding $46.40 million according to Coinglass data. In stark contrast, Bitcoin ETFs saw outflows totalling $226.50 million on the same day. This trend has been consistent over recent weeks. For instance, on December 12, Ethereum spot ETFs had a cumulative net inflow of $273.70 million, continuing their streak of 14 consecutive days with positive inflows. BlackRock’s ETHA ETF alo...

Hyperliquid, a leading crypto-derivatives platform, has rejected claims of a possible hack by North Korea’s notorious Lazarus Group even as on-chain data indicates suspicious activity on the platform. “There has been no DPRK exploit- or any exploit for that matter- of Hyperliquid,” the company said on Discord. “All user funds are accounted for. Hyperliquid Labs takes OpSec seriously. No Vulnerabilities have been shared by any party. To be clear, there was never any allegation of any exploit on Hyperliquid.” Hyperliquid said it was aware of reports regarding suspicious activity linked to alleged DPRK addresses, and on-chain data indicated that North Korea-linked wallet addresses made significant ETH deposits and withdrawals from the platform on December 23. There were withdrawals exceeding $256 million in the last 30 hours, Dune analytics shows, marking Hyperliquid’s largest single-day outflow. MetaMask Researcher Slams Hyperliquid MetaMask securi...

The Bitcoin price has slumped 1.5% in the last 24 hours to trade at $95,883 as of 7:20 a.m . EST on a 17% pump in trading volume to $54 billion. The drop in the BTC price comes despite Japanese investment firm Metaplanet making its largest-ever Bitcoin purchase on December 23, acquiring 619.7 BTC for nearly $60 million at around $96,000 per Bitcoin. This purchase nearly quadrupled its previous record of 159.7 BTC in October. 🇯🇵 Japanese public company Metaplanet acquires 619.7 #Bitcoin for ¥9.5 billion. The global race to accumulate continues. The best part? This isn’t competition, it’s collaboration. pic.twitter.com/4K3cR1Ad5B — Michael Saylor ⚡ Founder of MicroStrategy (Parody) (@Saylorsatsire) December 23, 2024 Metaplanet, often called “Asia’s MicroStrategy,” now holds a total of 1,762 BTC, worth about $168 million, with an average purchase price of $75,600 per BTC. The firm’s Bitcoin holdings rank 12th among...

Are you ready to explore the token that combines humor with utility, a coin bridging gaming with blockchain, and the cryptocurrency leading the charge in metaverse integration? Henlo, Unit 00 – Rei and Virtual Protocol are stealing the show on the Base chain today. These trending cryptocurrencies are shaking up the crypto world, offering unique solutions in gaming, DeFi, and virtual economies. Most Trending Cryptocurrencies on Base Chain Now Henlo is gaining traction as a low-barrier opportunity to engage with the Base chain. Unit 00 – Rei takes inspiration from the gaming world, offering utility and governance in metaverses and virtual realities. Virtual Protocol is designed to unify virtual worlds, offering fast, secure, and low-cost transactions. These tokens tackle unique challenges in the digital economy, emerging as the most trending cryptocurrencies on Base Chain now . 1. Henlo (HENLO) Henlo combines the power of memes with blockchain innovation. Inspired by the u...

New data from market intelligence firm Santiment reveals one altcoin that has seen massive gains this year is rife with whale activity. In a new thread on the social media platform X, Santiment says that among altcoins with at least a $500 million market cap, tokenized artificial intelligence (AI) project Virtuals (VIRTUAL) – an asset that’s up a staggering 20,000% year-to-date – is one of the leaders in terms of whale activity. Santiment also says high-net-worth investors are making moves to accumulate 10 digital assets including VIRTUAL during the latest crypto market crash. “Despite sizable crypto corrections this week, several altcoins are making very large whale transfers that are indicative of potential dip buys.” Other notable altcoins on the list include stablecoin issuer Usual (USUAL) and its stablecoin Usual USD (USD0), decentralized betting platform Gnosis (GNO), decentralized finance (DeFi) project Aave (AAVE), as well as meme asset...

Pepeto’s Journey and Utility: A Revolutionary Path for Memecoin Adoption? Pepeto, revered as the God of Frogs, distinguishes itself in the memecoin universe with a narrative that goes far beyond simple hype. Its compelling tale follows the collection of six legendary documents—P, E, P, E, T, and O—that symbolize Power, Energy, Precision, Efficiency, Technology, and Optimization. These core principles serve as the backbone of Pepeto’s cutting-edge ecosystem, designed to support and integrate future memecoins through a zero-fee exchange and seamless cross-chain bridge. As the crypto world braces for the 2025 bull run, Pepeto’s vision of uniting and empowering memecoins sets it apart as a transformative infrastructure project. https://x.com/Pepetocoin/status/1864670559784546698 Wall Street Pepe: A Trading-Centric Frog Project Amid Pepeto's rise, other frog-themed projects like Wall Street Pepe ($WEPE) are gaining traction with their distinct value pro...

The CoinMarketCap Altcoin Season Index, a key indicator for cryptocurrency investors, reflects ongoing altcoin dominance despite a slight decline to 45 as of December 20. For an official “Altcoin Season” to occur, 75% of the top 100 altcoins must outperform Bitcoin. While this threshold has not yet been met, the index suggests that altcoins remain favorable, solidifying their prominence in the final quarter of 2024.   As the market increasingly favors altcoins over Bitcoin in the final quarter of 2024, this shift could signal a change in investor behavior and preferences, further solidifying the role of altcoins in the crypto ecosystem. As such, investors are looking for the best crypto to buy now . Best Crypto to Buy Now Aptos has announced a collaboration with Tomarket, a Telegram mini-app designed to connect Web2 and Web3 technologies. Meanwhile, Flare has rolled out FXRP, a tokenized representation of XRP, on its Songbird test network. Solaxy has attracted s...

Why do some cryptocurrencies experience meteoric rises while others fade into obscurity? While no one can predict the future with certainty, certain patterns and factors often drive these dramatic price surges, offering valuable insights into the dynamics of the market. One of the most prominent drivers of value in cryptocurrencies is scarcity and tokenomics. The principle of supply and demand lies at the heart of economics, and cryptocurrencies exemplify this perfectly. Bitcoin, often referred to as "digital gold," is a prime example. Its capped supply of 21 million coins creates inherent scarcity, and as demand increases, so does its price. This mechanism isn’t unique to Bitcoin; many newer projects like EarthMeta carefully design their tokenomics to create similar dynamics. For instance, some tokens employ burning mechanisms, where a portion of the supply is permanently removed, intensifying scarcity. As demand grows in tandem, these projects often see significant pric...

Decentralized Finance (DeFi) has revolutionized the financial industry by offering permissionless, trustless, and borderless financial services. However, alongside these transformative advantages come unique risks that demand proactive and robust management strategies. This article delves into the top risk management practices that every DeFi participant—from developers to investors—should consider adopting. Smart Contract Audits Smart contracts are the backbone of DeFi platforms. However, poorly coded or unaudited contracts can lead to catastrophic exploits. To mitigate this risk: Engage Professional Auditors : Utilize reputable blockchain auditing firms like CertiK, ConsenSys Diligence, or Quantstamp to thoroughly review your smart contracts. Adopt Formal Verification : Employ mathematical methods to ensure the smart contract behaves as intended under all circumstances. Open Source for Community Review : Allow the broader developer community to inspect and identify potential vulnerab...

Remilia Corporation, the digital asset incubation studio behind the Milady Maker non-fungible token collection, has continued to solidify its position among the non-fungible token market leaders. After creating Milady Maker, one of the most successful NFT collections in the NFT market, the team is back in the studio and created another biggest NFT Coin “$CULT.”In this article, we shall assess the development team behind this biggest NFT project. Who Is Charlotte Fang? Krishna Okhandiar, a renowned accelerationist theorist and an avant-garde artist best known as Charlotte Fang, is the leader of the notorious art-industrial conglomerate Remilia Corporation. Fang’s rise to glory has been a roller coaster. Fang ventured into the NFT market sometime in 2021 and created a meme coin-like NFT series called Yayo. Unfortunately, it was short-lived. So, he turned back to his roots in the art world. Look at this guy He built the biggest NFT cult Then his dark past caught up....