The week of Feb. 24 to 28 saw significant outflows from crypto ETFs, with bitcoin funds losing $2.61 billion and ether funds losing $335.35 million. A record single-day withdrawal of $1 billion from bitcoin ETFs on Feb. 26 underscored the prevailing bearish sentiment in the market. Crypto ETFs in Turmoil: Consecutive Weekly Outflows for Bitcoin […] Original
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…
BlackRock, the world’s largest asset management firm, has reportedly incorporated its iShares spot Bitcoin (BTC) exchange-traded fund (IBIT) into some of its model portfolios. Bloomberg, citing a BlackRock investment outlook that its journalists had viewed, reports that the firm added a 1-2% allocation for IBIT in model portfolios that allow for alternative investments. Model portfolios are a basket of different investments crafted by a financial advisor. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, reportedly wrote in an investment commentary this week that the firm…
Following February’s detection of 1,549.25 dormant bitcoins roused from cryptographic hibernation, three microtransactions—originating from wallets dormant for seven years and eight months—unveiled a colossal whale harboring 7,787.23 BTC, valued at $663 million. Digital Breadcrumbs Lead to Half-Billion-Dollar Lair As of this update, bitcoin hovers near $85,140 per unit, its valuation stabilizing after a tumultuous week […] Original
Longtime Ethereum (ETH) developer Danny Ryan recently announced he is joining Etherealize — an organization responsible for marketing the Ethereum ecosystem to institutional investors — as a co-founder alongside Vivek Raman. Ryan said he would complement Raman’s focus on bridging the real world to Ethereum by bridging Ethereum back to the real world. The developer added: “This sits at the confluence of real adoption, commonsense regulation, ecosystem development, and critical R&D across L1, L2, and the application layer. We plan to become an active player across the Ethereum sphere.” The…
North Korea’s Lazarus Group has been identified as the likely perpetrator of a $3.1 million cryptocurrency theft from a Tron user, according to onchain investigator ZachXBT, marking the latest exploit tied to the sanctioned hacking collective. North Korean Hackers Suspected in $3.1M Exploit The Feb. 28, 2025, attack targeted an unnamed victim, with stolen funds […] Source CryptoX Portal
A crypto analyst believes that Bitcoin remains a very risk-on asset that is linked to the shifts in the macroeconomic landscape. Emily Nicolle, a crypto reporter for Bloomberg, gave her take on Bitcoin as the firstborn cryptocurrency plunged 13% and entered bear territory. This might have been due to macroeconomic uncertainty and political factors. ‘Very Risk-On Asset’ Nicolle said in a Bloomberg TV interview that the current movement in Bitcoin is highly correlated with the changes in the macroeconomic landscape, adding that anything that happens on Wall Street could affect…
Bitcoin is trading at $84,926 to $85,125 over the last hour with a market capitalization of $1.68 trillion and a 24-hour trading volume of $39.79 billion, while the intraday price range has fluctuated between $83,232 and $86,517, signaling key technical levels that traders are closely monitoring. Bitcoin On the 1-hour chart, bitcoin (BTC) shows signs […] Original
Solana meme coins have started the month well, soaring by double digits as crypto investors bought the dip. The total market cap of all Solana (SOL) meme coins tracked by CoinGecko rose by more than 4.5% to over $9.04 billion. Official Trump (TRUMP) rose by 18.1%, while Dogwifhat (WIF), Pudgy Penguins (PENGU), ai16z (AI16Z), Fartcoin (FARTCOIN), and Peanut the Squirrel (PNUT) jumped by over 15% in the last 24 hours. All of these tokens remain significantly below their all-time highs, while the market cap of all Solana meme coins is…
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…