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US spot bitcoin ETFs post largest daily net inflows in six weeks, worth $274 million

US spot bitcoin ETFs post largest daily net inflows in six weeks, worth $274 million

U.S. spot bitcoin exchange-traded funds recorded $274.6 million in daily net inflows on Monday, the largest since Feb. 4.In recent weeks, bitcoin ETFs have been under considerable selling pressure. In terms of weekly flows, the funds saw five consecutive weeks of net outflows, during which a total o…

Bitcoin Spot ETF Exodus Continues: $900 Million Outflows Extend Losing Streak

Bitcoin Spot ETF Exodus Continues: $900 Million Outflows Extend Losing Streak

Following the last trading window, the US Bitcoin Spot ETFs have recorded another week of overwhelming net outflows with investors pulling over $900 million from the market. This development marks the fifth consecutive week of redemptions indicating weak market confidence among institutional investo…

Toncoin in 'great entry zone' as Pavel Durov's France exit fuels TON price rally

Toncoin in 'great entry zone' as Pavel Durov's France exit fuels TON price rally

Toncoin has surged by over 50% in the past week, fueled by news that Telegram founder Pavel Durov has been granted permission to leave France for Dubai.TON’s bullish reversal, especially after falling to $2.35, its lowest level in a year, has traders eyeing key price levels, with crypto analyst Cry…

Tokenized Treasuries Hit Record $4.2B Market Cap as Crypto Correction Fuels Growth

Tokenized Treasuries Hit Record $4.2B Market Cap as Crypto Correction Fuels Growth

As cryptocurrencies have been battered in a broad-market correction over the past weeks, digital asset investors sought refuge in tokenized U.S. Treasury products.Since late January, the combined market capitalization of Treasury-backed tokens grew $800 million to hit a fresh all-time record of $4.2…

Hyperliquid ups margin requirements after $4 million liquidation loss

Hyperliquid ups margin requirements after $4 million liquidation loss

Hyperliquid, a blockchain network specializing in trading, has increased margin requirements for traders after its liquidity pool lost millions of dollars during a massive Ether liquidation, the network said. On March 12, a trader intentionally liquidated a roughly $200 million Ether long position,…

Alameda Unstakes $23 Million in Solana To FTX-Linked Wallets

Alameda Unstakes $23 Million in Solana To FTX-Linked Wallets

Alameda Research unlocked Solana tokens worth nearly $23 million today. Despite this notable unlock, it barely affected SOL’s underlying price or demand dynamics.FTX’s reimbursement process has begun, and the firm unlocked SOL worth $1.57 billion. Alameda’s comparatively small unlock exists in the c…

Yuga exec warns about ‘true bear market’ Ether price as whales scramble

Yuga exec warns about ‘true bear market’ Ether price as whales scramble

Yuga Labs’ vice president of blockchain warned that Ether could drop as low as $200 in a prolonged bear market, a 90% decline from its current price.In a March 11 post on X, the executive, known as “Quit,” pushed back against analysts who suggested $1,500 as the possible bottom for Ether (ETH). Inst…

Bitcoin (BTC) Briefly Tanks to $80K, Leaving Over $600 Million in Liquidations

Bitcoin (BTC) Briefly Tanks to $80K, Leaving Over $600 Million in Liquidations

Over the weekend, Bitcoin’s (BTC) pricestabilizedat around $86,000, showing little-to-no volatility. However, the bears retook control in the past several hours, suppressing the asset’s valuation to as low as $80,000.The latest downtrend negatively affected more than 220,000 over-leveraged traders. …

Argentine prosecutor seeks to freeze $110 million in proceeds tied to Libra memecoin scandal: report

Argentine prosecutor seeks to freeze $110 million in proceeds tied to Libra memecoin scandal: report

Argentine federal prosecutor Eduardo Taiano is actively seeking to freeze assets tied to the Libra memecoin scandal, which has drawn attention due to its alleged connection to President Javier Milei, local media reported.The investigation centers on the Solana-based memecoin Libra, which Milei promo…

Animoca Brands' Advisory Overtook Web3 Businesses in 2024 as the Yat Siu-Led Firm Pivots

Animoca Brands' Advisory Overtook Web3 Businesses in 2024 as the Yat Siu-Led Firm Pivots

Animoca Brands' most recent year-end financial report shows a shift in the company's focus, with the web3 giant run reporting that its Digital Assets Advisory has edged out its traditional revenue source.The firm's advisory unit generated $165 million in 2024, a 116% year-over-year increase. Accordi…

Bitcoin ETFs Finally Snap Eight-Day $3.2B Outflow Streak With $94.3M Inflows

Bitcoin ETFs Finally Snap Eight-Day $3.2B Outflow Streak With $94.3M Inflows

Spot bitcoin exchange-traded funds (ETFs) in the U.S. saw $94.3 million of total inflows on the last day of February as crypto's worst month in three years came to an end. The figure capped an eight-day streak of outflow during which investors pulled over $3.2 billion from these funds as digital ass…

Bitcoin miner TeraWulf’s stock rises after seeing 102% year-over-year revenue growth

Bitcoin miner TeraWulf’s stock rises after seeing 102% year-over-year revenue growth

Bitcoin mining company TeraWulf reported fourth-quarter earnings Friday morning, highlighted by a surge in revenue from 2023.Full-year revenue increased 102% to $140.1 million compared to $69.2 million in 2023, driven by increased bitcoin production and higher average realized bitcoin prices. TeraWu…