Spot Bitcoin ETFs See Record $1B in Net Inflows; Ethereum's 'Dencun' Upgrade Goes Live

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'CoinDesk Daily' host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including bitcoin's (BTC) recent price movements as the spot BTC ETF products scored over $1 billion in net inflows on Tuesday. Plus, the Ethereum network went live successfully with its much-anticipated 'Dencun' upgrade, and why a U.S.

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including bitcoin's recent price movements as the spot BTC ETF products scored over $1 billion in net inflows on Tuesday.Bitcoin reverses its decline and the US government deems that no NFT specific legislation is needed for now. You're watching Coin Desk Daily. I'm your host, Jen Sasi Bitcoin reversed Tuesday's decline to climb up above $73,000. Today.

Eastern time and the Coin Desk 20 index is relatively flat at 2736 Ethereum Blockchain has successfully completed the DCU upgrade. The upgrade is designed to usher in a new era of cheaper fees for the growing array of auxiliary networks that operate on top of Ethereum known as layer two roll ups. The DK upgrade has been planned for years but it was delayed due to some engineering concerns. Since then, developers have tested the package on three separate networks and most of those ran smoothly.

Source: News Formal (newsformal.com)

 

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