BlackRock’s Bitcoin ETF Sees Surge in Inflows as BTC Approaches $112K
Investor appetite for spot Bitcoin exchange-traded funds (ETFs) is heating up again, with BlackRock’s iShares Bitcoin Trust (IBIT) recording its strongest daily inflow in two weeks as Bitcoin’s price edges near $112,000. On May 21, IBIT attracted $530.6 million in net inflows, its highest single-day haul since May 5, when it pulled in $531.2 million, […]
Bitcoin Overtakes Amazon’s Market Value on Bitcoin Pizza Day, Reaches New Price Milestone
On May 22, widely recognized in the crypto community as Bitcoin Pizza Day, Bitcoin made headlines by surpassing the market capitalization of retail giant Amazon. According to market figures, Bitcoin’s valuation climbed to $2.205 trillion, outpacing Amazon’s $2.135 trillion by around $70 billion. This comes as Bitcoin soared past the $110,000 mark, setting a new […]
FIFA Chooses Avalanche to Power Its New Blockchain for NFTs and Fan Engagement
FIFA has officially selected Avalanche as the foundation for its newly launched blockchain platform dedicated to NFTs and digital experiences for fans, according to a May 22 announcement. The new blockchain will be built using Avalanche’s layer-1 network, known for its high-performance infrastructure and ability to scale, supporting FIFA’s mission to connect with its global […]