ETF steroids for Crypto 💉💪🏼
ETF steroids for Crypto 💉💪🏼
Bitcoin ETFs to challenge S&P 500? Miners hit near-record earnings. Can Ethereum aim for $10,000? Memecoins turbocharge Solana. Welcome humanoid AI Teacher.
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Bitcoin ETFs have raked in $8.5 billion in just two months.
Consistently ranking among the top 20 most actively traded ETFs, with daily volumes exceeding even Microsoft.
But are they going to be S&P 500's new rival?
Michael Saylor, CEO of MicroStrategy thinks so.
Saylor claims Bitcoin ETFs are no longer just chasing gold, but are now nipping at the heels of the S&P 500.
Saylor sees ETFs as a "universal API" for easy Bitcoin access, potentially allowing features like mortgage down payments using ETF shares.
When Bitcoin briefly hit $69K on Tuesday, BackRock's IBIT Set a new record with a whopping $788 million in inflows
Read this: Crypto Whiplash 📿
BTC in Arizona's retirement portfolio
The Arizona State Senate is considering a proposal to allow the state's retirement systems to explore Bitcoin ETF investments.
This would involve consulting with SEC-approved Bitcoin ETF providers and carefully evaluating the feasibility, risks, and potential benefits before making any final decisions.
This proposal is still under review, and the final decision remains to be seen.
Ethereum Price to Rocket to $10,000?
Ethereum's lagging behind Bitcoin's recent surge, but experts see two factors that could propel it to $10,000 this year:
Catching the ETF Wave: Bitcoin ETFs are driving institutional investment, and similar products for Ethereum are coming soon.
Ethereum Upgrade Boost: The upcoming Dencun upgrade aims to improve scalability and reduce costs for transactions.
But are Ethereum ETFs small potatoes?
Ethereum L2 bloodbath coming?
Kenny Li, co-founder of Manta, predicts only a handful of these scaling solutions will be around in five years.
His reasoning? "Modular" blockchains like Manta are built for the long haul, unlike the "monolithic" ones he compares to failed Bitcoin and Ethereum forks.
44 L2s are currently battling for dominance on Ethereum, holding a combined value of $36 billion.
Memecoins Turbocharge Solana?
The DEX trading volume on the Solana has exceeded $2 billion for four days,
The trading volume reaching $2.85 billion on March 5, new single-day high.
The volume have seen record numbers for the last four months.
Could it be the Memecoins?
Solana has got BONK and DogWifHat in the top five
Memecoins by market cap 👇
Where’s ETF?🚨
Fidelity Canada's decision to include a bitcoin ETF in their conservative portfolio is a significant shift for Wall Street and the crypto industry👇
Bitcoin Miners Strike Gold (Almost)
Bitcoin miners just had their second-best day ever, raking in $75.9 million.
What about it?
This record falls just shy of the $77.3 million earned on April 14, 2021, when Bitcoin was trading above $60,000.
Comes hot on the heels of Bitcoin hitting a new all-time high of over $69k.
Coincided with the closure of a major mining facility due to skyrocketing energy costs.
AI Teacher in Indian High School
A high school in India has just hired the world's first humanoid AI teacher, named Iris.
Iris is equipped with an Intel processor and a dedicated coprocessor, to personalise learning for each student. This means no more one-size-fits-all education.
Here's what makes Iris special
Iris adapts to each student's needs and preferences, creating a unique learning experience.
She can converse in three languages and answer complex questions.
Developed by e-learning provider Makerlabs and the Indian government, Iris is at the forefront of educational technology.
The Surfer 🏄
Digital Currency Group filed motions to dismiss a $3 billion lawsuit filed by the New York Attorney General's Office.
Spain has banned Worldcoin for up to three months amid an ongoing investigation by the country's data protection watchdog.
Binance is launching Japanese yen spot trading pairs for BNB, BTC, and ETH globally.
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