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Spot Bitcoin ETFs Ride Ethereum ETFs Coattails As BlackRock Sees Record Daily Inflows
Spot Bitcoin ETFs are riding high on the success wave of Ethereum ETFs, fueling a surge in crypto investments like the ETFSwap (ETFS) presale, as BlackRock reports record-breaking daily inflows. This exciting trend marks a new era in the cryptocurrency market, drawing unprecedented interest and capital. Spot Bitcoin ETFs are currently experiencing a significant boost in popularity, riding on the success wave of Ethereum ETFs. This surge in Spot Bitcoin ETFs has led to record-breaking daily inflows for BlackRock, a leading asset management firm. BlackRock’s iShares Bitcoin Trust (IBIT) has recently achieved a notable milestone, with an inflow of $526...

Top 10 Countries Leading in Cryptocurrency Investments
A recent study ranking countries by their cryptocurrency ownership rates reveals the United Arab Emirates (UAE) as the front-runner. According to CEO World Magazine, the UAE boasts the highest percentage of its population invested in cryptocurrencies, followed closely by Vietnam and the United States. This increase in cryptocurrency adoption can be attributed to favorable regulations, technological advancements, and economic changes within these countries. While the UAE leads in ownership percentage, India, China, and the U.S. have the highest total number of cryptocurrency owners. Here is the list of the top 10 countries in cryptocurrency ownership: 1. United Arab Emirates (UAE)...

Binance and Coinbase ally Circle form USDC alliance to take on Tether
Two of the biggest names in crypto are putting aside their long-standing rivalry, and will now work together to grab a bigger piece of the fast-growing stablecoin pie. On Wednesday morning in Abu Dhabi, Binance and Circle announced a strategic alliance that will see them promote USDC—a digital token backed 1:1 by the U.S. dollar—that is jointly owned by Circle and Coinbase. All of this comes at a time when stablecoins are fast becoming part of mainstream finance, and as more competitors are seeking to challenge market leader Tether. Binance, the world’s biggest cryptocurrency exchange, used to be a major...