Bittime – What's in the crypto news today? Several interesting things emerged today, such as the increase in the US Bitcoin Spot ETF, Spectral launching Onchain Explorer, and various news about Notcoin which is being loved by many users.
Listen to the full explanation of crypto news highlights on Saturday, May 18, 2024.
US Spot Bitcoin ETF Rises
The US Spot Bitcoin ETF is experiencing a significant increase in investments. For the fourth consecutive day, net inflows reached more than $257 million. Several other details of net inflow can be seen in detail below.
- BlackRock IBIT: Received the largest inflow, worth $94 million.
- Fidelity FBTC: Attracted investment of $67 million.
- Ark Invest & 21Shares Bitcoin ETF: Each received a $62 million inflow.
- Grayscale GBTC: After previously experiencing large outflows since converting in January, GBTC recorded an inflow of $4.64 million on Thursday.
- Valkyrie: received $18.5 million
- Bitwise, Franklin Templeton, Invesco, and Galaxy Digital: all under $10 million).
Check Today's Crypto Market:
Notcoin is on the Rise
Notcoin is being discussed a lot everywhere. Many people are interested in this token, even the collaboration project with Telegram. In fact, since its initial launch, Notcoin has reached a market capitalization or FDV of $1 billion which shows the great potential of Ton and the high demand for Notcoin.
Because of its success, Pavel Durov, CEO of Telegram, even promoted Notcoin openly on his official channel. He said, "Notcoin managed to reach 35 million active users in just a few months. This is an incredible success story that shows how powerful the Telegram/TON ecosystem is for app developers."
Currently, Notcoin and Telegram are even planning new products. This new product will be launched early next week. This product will make users more flexible in staking notcoin and withdrawing it at any time on the blockchain.
Spectral Launches Onchain Explorer
Officially, Spectral announced that it will launch a new product called Onchain Explorer. This product will later be used to simplify the blockchain data search process by utilizing artificial intelligence.
Onchain Explorer is a tool built on Syntax and combines features from well-known data providers such as TransposeData, Nexandria, and DefiLlama. Well, here, users can use the intuitive conversation interface to ask questions in various languages and get accurate and relevant results.
Also Read: Fantom Announces New Blockchain Network: Sonic
There is a Scam in the Name of Elon Musk
Scams in the crypto ecosystem often occur. Therefore, users must be good at reading situations.
Recently there was scam activity in the name of Elon Musk promising prizes in the form of Bitcoin and Ethereum tokens. This scam was carried out using a giveaway method which stated that the program was from Elon Musk. The scam post first appeared on May 7, 2024.
As if it were a real giveaway program from Elon Musk, the perpetrator even provided an updated post on May 12 2024 which was posted to Medium in the name of Elon Musk.
Program Airdrop Blast
Blast announced that it will hold an airdrop on June 26, 2024. This news was delivered directly by Tieshun Roquerre, founder of the NFT marketplace platform, Blur.
Previously, this airdrop program experienced schedule delays. However, Blast confirmed that the postponement was carried out for more thorough preparation. Later, there will also be an airdrop allocation due to this delay.
Focus Tree Funding Success! Set up an Airdrop Program
An application that focuses on web3 social, namely Focus Tree, experienced success in its initial funding. A total of $2 million was raised in this initial funding.
Focus Tree's initial funding round was conducted by Sfermion, Volt Capital, Psalion VC, StarkWare, Typhon Ventures, and Foresight Ventures.
Allegedly, to celebrate this success, Focus Tree announced that it would launch the first phase of its airdrop program. Not exactly when, but Focus Tree said that the airdrop will start 72 hours after the announcement.
Also Read How To Buy Crypto:
Conclusion
That's the highlight of today's crypto news. Follow other information on the crypto ecosystem every day only on Bittime. Apart from that, you can also check the price of crypto tokens in real-time to find out the price fluctuations of the token you are looking for.
How to Buy Crypto from Bittime
You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Learn Complete Guide How to Buy Crypto on Bittime.
Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and other cryptos to find out today's crypto market trends in real-time on Bittime.
Read Also:
Breaking Crypto News: It's Official! AIT Protocol's New Tokenomics Have Been Shared Today!
Crypto Market Today 18 May 2024
Morgan Stanley Joins Crypto Investment, Has Bitcoin ETF Investment Product Worth $270 Million!
DISCLAIMER: This article is informational and is not an offer or solicitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
Comments
0 comments
Please sign in to leave a comment.