Chain News Daily Today TheBitTimes.com

In the recent intraday session, several altcoins experienced significant price fluctuations, drawing the attention of traders and investors. Leading this trend were Litecoin (LTC), Bitcoin SV (BSV), Beam (BEAM), Solana (SOL), and Arbitrum (ARB). These cryptocurrencies exhibited varying price movements, with some testing important support and resistance levels. Market sentiment for these altcoins remains cautiously optimistic as they demonstrate consistent upward momentum fueled by rising trading volumes and increased investor interest.  Meanwhile, tokens on several blockchains have posted rallies. This article curates the top trending cryptos on Solana Chain today. Most Trending Cryptocurrencies on Polygon SSGTX is currently trading at $0.0000414, with a market capitalization of $944.80 and a 24-hour trading volume of $1.25K. OmniCat (OMNI) is valued at $0.000067 and has a market cap of $131.21K. WeFi distinguishes itself as a decentralized platform, contributing to the DeFi eco...

BlackRock’s spot Bitcoin ETF (exchange-traded fund) recorded its first net outflow since May 1 yesterday as the 12 BTC funds extended their negative flow streak to 3 days and the leading crypto dropped below $60K. BlackRock’s IBIT, which is the largest spot Bitcoin ETF by net assets, recorded $13.51 million in net outflows on Aug. 29, according to data from SosoValue. ARKB The Only Spot Bitcoin ETF To Record Net Inflows Yesterday Capital continued to flow out of Grayscale’s GBTC after $22.86 million left the fund’s reserves on Aug. 29. Similarly, Fidelity’s FBTC suffered net outflows of $31.11 million, while Bitwise’s BITB and Valkyrie’s BRRR posted respective outflows of $8.09 million and $1.68 million. The only spot Bitcoin ETF that recorded net inflows yesterday was Ark and 21Shares’ ARKB. This is after investors poured $5.34 million into the fund.  In addition to the net outflows, the funds also saw their collective tradi...