US Bitcoin ETFs raked in $1.1B this week, most since mid-July  The United States spot Bitcoin exchange-traded funds raked in more than $1.1 billion this week, making it the largest week of inflows since July 15-19.

It included $494.4 million on Sept. 27 — the best-performing day since June. 4, according to Farside Investors. The solid day came one day after the spot Bitcoin ETFs tallied $366 million on Sept. 26.
Weekly flows were led by BlackRock’s iShares Bitcoin Trust, ARK 21Shares Bitcoin ETF and the Fidelity® Wise Origin® Bitcoin Fund at $499 million, $289.5 million and $206.1 million, respectively.

The Invesco & Galaxy, Franklin Templeton, Valkyrie and VanEck Bitcoin products saw inflows between $5.7 million and $33.3 million, while the WisdomTree Bitcoin Fund didn’t record an inflow during the week.

ETF🥷
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Base is one of the most innovative projects in the blockchain space, offering unparalleled security, trust, and speed thanks to the backing of Coinbase. As a Layer 2 solution, it significantly reduces transaction costs and enhances scalability, providing practical improvements to the performance of Ethereum. By leveraging Optimistic Rollups, Base ensures a seamless and cost-efficient experience for interacting with decentralized applications (dApps). With the security rooted in Ethereum and access to its vast ecosystem, Base is rapidly becoming a cornerstone of the Web3 world. Its user-friendly tools and strong community support pave the way for a decentralized future with boundless possibilities.

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Ethereum Whale Makes Bold Move After Months of Inactivity—$34.3M in Profits   A Strategy Rooted in Patience Yet Impactful Move
This recent sale proves the art of timing in the world of cryptocurrencies is crucial. These have shown a disciplined approach to the volatile market as the whale held ETH for more than 7 years and sold it at a price that was more than 390 times their initial investment. It also learned the game of investing in Ethereum the hard way.

 It entered early into the market and had the patience to accumulate more ether as and when the number of users increased rapidly, and then being smart enough to exit before the prices skyrocketed.Recent activity of the whale also became a focus of attention because of the large amounts invested, as well as the inactivity before the purchases. @leon-waidmann

Our longterm goal is to achieve 1 Ggas/s capacity for Base, and we need to keep scaling to get there

This week, we're starting to increase Base's gas target by 1 Mgas/s each week — now going from 10 to 11 Mgas/s

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In the latest crypto market developments, August 2024 witnessed a 13.1% drop in the overall market capitalization, primarily driven by global macroeconomic concerns and a weak U.S. unemployment report. Major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) saw declines of 11.1% and 24.9%, respectively. Factors such as interest rate hikes by the Bank of Japan, large liquidations, and spot BTC ETF outflows have contributed to this downturn. On the DeFi side, Total Value Locked (TVL) decreased by 15.8%, with Ethereum and Solana seeing major outflows, while TRON and Sui saw gains due to specific developments​

This was very good news, I really believe in it

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Base Around the World | Southeast Asia with @jessepollak, @gabusch, @nathanaelchrist, Wei Zhou, and Utah Tawichat 

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