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Bitcoin ETFs Soar with $4.94 Billion Inflows, Dominating Crypto Market Growth According to data from sosovalue.xyz, 12 US spot Bitcoin ETFs attracted a total of $494.27 million in capital. Among them, ARKB led with $203.07 million in net inflows. It was followed by FBTC with $123.61 million and IBIT with $110.82 million. Additionally, GBTC recorded inflows of $261.50 million, BITB with $129.10 million and HODL with $111.70 million. BTCO saw a modest increase of $32,800, while BRRR brought in $32,600. The remaining funds saw no gains or losses. Ethereum-based ETFs also had a productive day last Friday, raising a total of $586.50 million in capital. Fidelity’s FETH led the way with $425.40 million in withdrawals, while ETHA raised $114.60 million. ETHW added $5.43 million, QETH $4.32 million, Grayscale’s ETH Mini Trust $2.29 million, ETHV $1.98 million, and CETH closed the day with a $1.35 million increase. Since January 11, these 12 Bitcoin ETFs have seen a total net inflow of $18.80 billion. Currently, these funds hold $61.21 billion worth of Bitcoin, equivalent to 4.71% of the total supply. In contrast, while there was positive movement for Ethereum ETFs on Friday, the overall picture shows that these nine funds have suffered a net loss of $522.97 million since July 23. Despite this, the total trading volume of Ethereum funds reached $249.09 million last Friday, and together they hold $7.44 billion worth of Ethereum, equivalent to 2.3% of the cryptocurrency’s $319 billion market cap. $BTC $ETH $BNB #KIP #KIPprotocol #CryptoDeNostradame #MOGUL #MogulProdustions
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Ripple Mints 350K RLUSD Stablecoin in 24 Hours Amid XRP Ledger Upgrades Ripple has significantly expanded its stablecoin operations by minting 350,000 RLUSD in just 24 hours. This development was done in two separate transactions, one for 300,000 RLUSD and the other for 50,000 RLUSD. The entire process was closely monitored by a community-focused Ripple stablecoin tracker that monitors the issuance and redemption activities of RLUSD. The RLUSD stablecoin is currently in private beta testing, focusing on ensuring high-level security and operational efficiency. This period is critical to test RLUSD’s integration capabilities across various blockchain platforms and will ultimately help with the necessary regulatory approvals. The goal is to ensure the stablecoin operates seamlessly across different blockchain ecosystems. Recent improvements to the XRP Ledger (XRPL) play a critical role in supporting the RLUSD stablecoin. Two major updates, identified as fixEmptyDID and fixPreviousTxnID, have been successfully activated on the XRPL mainnet. These improvements aim to increase the overall efficiency and reliability of the ledger, positively impacting RLUSD’s stability and integration in the broader crypto landscape. These technical upgrades have created a more robust foundation for Ripple’s stablecoin initiatives. By aligning with the latest blockchain innovations, Ripple aims to create an infrastructure that meets the evolving needs of digital currency operations. These improvements have significantly contributed to RLUSD’s overall performance and reliability during the beta testing phase. $BTC $ETH $XRP #KIP #KIPprotocol #CryptoDeNostradame #MOGUL #MogulProdustions
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The CIO of the Major Investment Company Reveals His Prediction for the Level the Bitcoin Price May Reach in the Near Future Bitwise’s Chief Investment Officer Matt Hougan believes that Bitcoin’s price could skyrocket to $100,000 or even $200,000 in the near future due to high demand and limited supply. In a recent interview, Hougan explained that Bitcoin’s rapid rise of up to 50% this year alone is due to the intense interest in new spot Bitcoin ETFs. “There’s simply too much demand and not enough supply,” Hougan said. Hougan noted that the launch of Bitcoin ETFs has been a major driver of this trend. “This is Bitcoin’s IPO moment. We’re in a new period of price discovery, and prices could go significantly higher from here,” he said. With Bitcoin trading near an all-time high of $62,000, Hougan noted that demand for Bitcoin ETFs has been increasing across a range of investor categories, including retail investors, hedge funds, and independent financial advisors. However, he expects institutional interest to accelerate in the coming months. “After this interview, I will be flying out to meet with one of the top institutional advisors in the U.S. about our ETF,” Hougan said, adding that the wave of institutional capital could push prices even higher. Hougan attributed Bitcoin’s price rally to a sharp imbalance between supply and demand. He cited data showing that around 30,000 Bitcoins were purchased by ETFs in a week, while BTC miners produced fewer than 3,000 new coins in the same period. He also pointed to the upcoming BTC halving event, which he said would further reduce the coin’s supply and put additional upward pressure on prices. Looking ahead, Hougan suggested that Bitcoin could even exceed $200,000 if these conditions continue, and he expects innovation in the ETF space to continue. $BTC $ETH $BNB #KIP #KIPprotocol #CryptoDeNostradame #MOGUL #MogulProdustions
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Violent Crypto Robberies on the Rise: Armed Attacks Targeting Ethereum Traders. In recent months, physical robberies have been on the rise in the crypto space. Key figures in the cryptocurrency world are becoming increasingly concerned that criminals are resorting to more violent methods, such as gunfights, to steal cryptocurrencies. This disturbing trend requires urgent attention, especially from those who are heavily involved in cryptocurrency transactions. Crypto detective ZachXBT has noted that in-person crypto meetings have become a breeding ground for violent crimes. Cases of robberies at gunpoint and aggressive confrontations have been reported. For example, in one recent incident, a victim lost $32.4 million worth of assets during a shootout. The increasing frequency of these violent incidents calls for better security protocols and vigilance among crypto investors. While blockchain technology is praised for its transparency and security, it also paradoxically poses greater risks to crypto holders. The visibility of transactions and ownership on the blockchain makes it easier for criminals to target specific individuals. Therefore, those involved in high-value crypto transactions need to take extra precautions to protect both their physical and digital security. Similar crimes are being reported not only in Western Europe, but also in cities like Hong Kong and Singapore. These regions’ growing crypto markets and crypto-friendly environments have become attractive to criminal activity. As the adoption of digital currencies increases, the need for awareness and protective measures in daily interactions and investment activities also increases. $BTC $ETH $BNB #KIP #KIPprotocol #CryptoDeNostradame #MOGUL #MogulProdustions
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Experience Galactic Conquest in Space Nation Online, an Ethereum-Based Space Sci-Fi MMORPG. Space Nation has taken a unique approach by launching Space Nation Online on the Ethereum scaling network Immutable zkEVM. Player access is limited during the game’s 12-week soft launch period, which is critical to balancing the in-game economy. This phase ensures a balanced ecosystem is created before the game’s global launch for the broad Web2 audience. By integrating blockchain technology, Space Nation Online aims to move beyond traditional game models and create a more decentralized, player-owned economy. Jerome Wu, co-founder and CEO of Space Nation, brings valuable knowledge from his time managing World of Warcraft’s China operations at Blizzard Entertainment to the game. Wu has observed that many players find the repetitive tasks in MMORPGs to be akin to boring work. With this in mind, Space Nation Online’s economic system is designed to make high-yielding tasks more rewarding, while offering smaller but enjoyable rewards for more fun tasks. This paradigm shift allows players to either grind as in traditional MMORPGs, or focus on the more fun aspects of the game by purchasing resources from other players. The game’s economic structure aims to create a sustainable, player-driven market. Players can take on a variety of roles, including mining and selling minerals to other players to craft weapons and ships. These transactions are made with the in-game currency CHR, which can be converted into real-world money. #KIP #KIPprotocol #CryptoDeNostradame #MOGUL #MogulProdustions
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