Chain News Today TheBitTimes.com

BlackRock takes the lead reaching $30 billion in 293 days. JEPI took 1,272 days and Gold managed it in 1,790 days Spot Bitcoin ETFs could reach one million Bitcoin, surpassing Satoshi Nakamoto by mid-December BlackRock’s spot Bitcoin exchange-traded fund (ETF) has hit $30 billion in assets setting a new record of 293 days, showcasing rising interest in crypto investments. The milestone from BlackRock comes 10 months after the company launched its spot Bitcoin ETF in January. Then, it was reported that BlackRock had traded $7.5 million shares within the first 10 minutes of launching. Now, BlackRock holds more than 417,000 Bitcoin, valued at $30.4 billion, according to iShares data. Taking to X, Bloomberg analyst Eric Balchunas, said what BlackRock has achieved is an “all-time record,” adding “the old record was $JEPI which did it in 1,272 days. $GLD took 1,790 days. Unreal.” Also $IBIT has crossed the $30 billion mark in assets...

With the majority of assets in the cryptocurrency sector making bullish rallies this week, Terra Classic (LUNC) is no exception, recently returning to the top 100 crypto assets by market capitalization and looking at recording another impressive result – 100 billion burned LUNC. Specifically, the Terra Classic community is approaching the milestone of 100 billion of its native tokens burned in a collaborative effort to remove them from the circulating supply, according to the most recent data retrieved from the Terra Classic analytics platform LUNC Metrics on February 13. Indeed, the community has so far burned 98.52 billion LUNC tokens since the introduction of the practice on May 13, 2022, having burned as much as 391 LUNC in the last seven days alone, bringing the total amount of LUNC in circulating supply to 5.78 trillion. Total Terra Classic tokens burned in last month. Source: LUNC Metrics Thanks to this burning campaign, largely accelerated by Binance, one of the l...