Search
Tether Posts $5.2 Billion Profit in First Half of 2024
31.7.2024
Tether Holdings Limited reported a record-breaking net profit of $5.2 billion for the first half of 2024, according to its latest assurance opinion for the second quarter. The report, conducted by BDO, highlighted Tether’s increased exposure to U.S. Treasury bills and a significant rise...
Grayscale sheds $20B from Bitcoin and Ether ETFs
30.7.2024
Grayscale's BTC and ETH ETFs face significant outflows, while other approved ETF participants maintain a positive balance
Polymarket tops $1B in betting volume amid US election hype
30.7.2024
More than one-third of the platform’s lifetime volume was traded in July, with speculators betting hard on the US presidential race
US Authorities Split $2 Billion in Bitcoin Into 2 Wallets, Igniting Custody and Sale Speculation
29.7.2024
Following the U.S. government’s transfer of $2 billion in bitcoin, Arkham Intelligence reported that the federal agency divided the funds into two separate Bech32 bitcoin addresses: one containing 10,000 BTC and the other holding 19,799.99 BTC. Arkham speculates that the 10,000 BTC may have...
US Government Transfers $2 Billion in Bitcoin to Unknown Wallet
29.7.2024
According to onchain data, a Department of Justice (DOJ) labeled bitcoin wallet transferred 29,799.99 BTC, valued at just over $2 billion. This move by the U.S. government follows Germany’s sale of its bitcoin and a growing belief among U.S. politicians that seized coins should be held...
$600M XRP token release to bring August crypto unlocks to $1.5B
29.7.2024
The month of August is shaping up to be a big month for token unlocks, with just shy of $1.5 billion in tokens being released to the market
Grayscale Ethereum Trust ETF hits historic net outflow of $1.5B
27.7.2024
Based on the present rate of outflows, ETHE's ether reserves may be exhausted in a relatively short timeframe, potentially within weeks
Grayscale Ethereum Trust ETF net outflows hit $1.5B
27.7.2024
Based on the present rate of outflows, ETHE’s Ether reserves could be exhausted within weeks
Grayscale Ethereum Trust ETF net outflows hit $1.5B
27.7.2024
Based on the present rate of outflows, ETHE’s Ether reserves could be exhausted within weeks
Mt. Gox still has 90,000 Bitcoin, valued at roughly $6 billion
25.7.2024
The infamous collapse of the Mt. Gox exchange occurred in 2014, and creditors have been waiting for reimbursement for over a decade
Stablecoin Market Expands by $1.52 Billion in 7 Days, Driven by USDT and USDC Growth
25.7.2024
The stablecoin economy is experiencing renewed growth. Over the past week, the market capitalization of all stablecoins increased by $1.52 billion. The growth over the past seven days was primarily driven by tether (USDT), the largest stablecoin by market valuation, with its supply expanding by...
Mt. Gox Moved Bitcoin Worth $2.8 Billion in the Last 6 Hours
24.7.2024
Mt. Gox, a Japanese crypto exchange, continued its Bitcoin payment plan to creditors today. According to on-chain data from Arkham Intelligence, Mt. Gox moved Bitcoin worth $2.805 billion in four hours. Mt. Gox continues its Bitcoin payment plan Earlier today, the exchange transferred 37,477...
Crypto-Friendly Revolut Targets $45 Billion Valuation in Upcoming Share Sale
24.7.2024
Revolut, the crypto-friendly digital bank, is reportedly planning to sell $500 million of employee shares, targeting a staggering valuation of $45 billion. This move is seen as a significant step towards a potential Initial Public Offering (IPO). Revolut’s progressive approach to cryptocurrencies...
EU to Send Ukraine 1.4 Billion Euros From Frozen Russian Assets
24.7.2024
The European Union (EU) is set to provide Ukraine with 1.4 billion euros ($1.52 billion) in military aid, sourced from the interest on frozen Russian assets. This decision, announced by EU High Representative for Foreign Affairs and Security Policy Josep Borrell during a Council on Foreign Affairs...
Tokyo Stock Exchange-Listed Metaplanet Completes 1 Billion Yen Bitcoin Purchase
24.7.2024
Metaplanet Inc. announced on July 22 the purchase of an additional 200 million yen worth of bitcoin, amounting to 20.381 BTC. This latest acquisition completes the company’s 1 billion yen ($6.4 million) bitcoin purchase plan, which was initially disclosed on June 24. With this final...
Spot Ethereum ETFs debut with over $1B in trading volume
24.7.2024
Bloomberg ETF analyst Eric Balchunas said the $625 million in trading volume excluding Grayscale’s ETHE was “healthy” and expects a “sizeable chunk” of that sum will convert to inflows
Spot Ethereum ETFs seen with over $1B in trading volume on debut
24.7.2024
Bloomberg ETF analyst Eric Balchunas said the $625 million in trading volume excluding Grayscale’s ETHE was “healthy” and expects a “sizeable chunk” of that sum will convert to inflows
Multi-Billion-Dollar Asset Manager Hamilton Lane Pioneers Private Credit Fund Launch on Solana
23.7.2024
Hamilton Lane has become the first asset manager to introduce a private credit fund on the Solana blockchain, broadening its presence in the digital asset sector. By collaborating with Web3 protocol Libre, the firm aims to make its Senior Credit Opportunities Fund (SCOPE) available to a wider range...
Metaplanet completes Bitcoin buying goal with another $1.2M purchase
22.7.2024
Since its first Bitcoin purchase, the company's stock price surged 810% from about $0.12 to $1.10
US Bitcoin ETFs see record $17B in net inflows
21.7.2024
The consistent inflows into Bitcoin spot ETFs signal a robust and growing demand for regulated Bitcoin investment vehicles