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US Bitcoin ETFs Record $18.3 Million in Net Outflows


On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced net outflows of approximately $18.3 million, contrasting with inflows observed in their ethereum counterparts. The most significant gain was recorded by Blackrock’s IBIT, while Grayscale’s GBTC suffered the largest...

Michael Saylor Projects Bitcoin Price at $49 Million in 2045 Bull Scenario


Microstrategy’s executive chairman, Michael Saylor, predicts that by 2045, bitcoin’s price could range from a bear case of $3 million to a bull case of $49 million, with a base case of $13 million. He highlighted bitcoin’s role in revolutionizing the global economy, advocating...

SEC Charges Bitclout Founder With Multi-Million-Dollar Crypto Fraud


The U.S. Securities and Exchange Commission (SEC) has charged Nader Al-Naji, founder of Bitclout (now Decentralized Social), with running a multi-million-dollar fraudulent crypto scheme. Al-Naji allegedly raised over $257 million through unregistered sales of Bitclout tokens (BTCLT) and used...

Vaneck Predicts Bitcoin Could Reach $2.9 Million by 2050


Asset management firm Vaneck released a report projecting bitcoin could reach $2.9 million per coin by 2050, becoming a global medium of exchange and reserve currency. The report suggests bitcoin could settle 10% of global international trade and 5% of domestic trade, with central banks holding...

Weekly NFT Sales Rise to $108.59 Million, Up 7.59%


Over the past week, non-fungible token (NFT) sales experienced a 7.59% rise, with $108.59 million in transactions finalized during the last seven days. Ethereum topped NFT sales for the week, generating $32.59 million, a 5.95% increase. NFT Market Gains Modest Momentum This Week Solana followed...

MARA Announced Purchasing $100 Million of Bitcoin


MARA has published a press release to share that it now has over 20,000 bitcoins on its balance sheet. This follows the purchase of $100 million worth of BTC. This is not MARA’s first purchase, and chances are that it will continue to acquire tokens in the future. In the press release, MARA...

2.91 Million ETH Held by 9 Ethereum ETFs: A Reserve Overview


Although the data for Thursday’s ether exchange-traded fund (ETF) performance, concerning inflows and outflows, remains incomplete, it is evident that trade volume was marginally lower than the first two days. The funds currently hold slightly over $9 billion in ether, with about 2.91...

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