According to data submitted to Rep. Cha Gyu-geun of the Rebuilding Korea Party, South Korea’s cryptocurrency investors reached 16.29 million as of February. This figure represents nearly 32% of the country’s population. The data, compiled from accounts at the country’s top five domestic virtual asset exchanges – Upbit, Bithumb, Coinone, Korbit, and Gopax – shows consistent growth throughout 2024. The number of crypto investors first surpassed 14 million in March 2024. Following Donald Trump’s election as U.S. President in November, another 500,000 people entered the market, pushing the total beyond…
Tag: Million
Bitcoin Spot ETFs See $197 Million Net Inflows As Q1 Closes – Details
By their lofty standards, the US Bitcoin spot ETFs produced a moderately positive performance last week, attracting about $200 million in netflows. This development comes amid an impressive market comeback over the past two weeks following the heavy withdrawals seen in early March. Bitcoin Spot ETFs: 10 Straight Days Of Positive Netflows According to data from ETF tracking site SoSoValue, the Bitcoin ETFs registered total net outflows of $93.47 million on Friday, moving its aggregate netflows for the past week to $196.7 million. Prior to Friday’s negative input, these funds…
Bpifrance Commits to Digital Asset Growth With $27 Million Investment in French Firms
Bpifrance, the French investment bank, plans to invest $27 million (€25 million) in digital asset firms with a strong presence in France. This initiative is part of the bank’s strategic plan to enhance French digital asset investment funds, which are currently limited. Asset Tokenization The French investment bank Bpifrance has announced plans to invest the […] Source CryptoX Portal
Tether Invests $10.8 Million in Be Water to Revolutionize Digital Content
Tether has announced a $10.8 million (€10 million) investment in media company Be Water, acquiring a 30.4% stake to support innovation in content production and distribution. This move highlights Tether’s strategy to expand beyond fintech and into modern media technologies. Tether Acquires 30.4% Stake in Be Water, Expanding into Media Innovation Tether Inc. has made […] Source CryptoX Portal
DOJ Seeks Forfeiture of $23 Million in Crypto After Gotbit Guilty Plea
Fake trading bots, manipulated token prices, and $23 million in seized crypto underscore a sweeping DOJ crackdown on fraud and deceptive digital market practices. DOJ Targets Gotbit in $23M Crypto Market Manipulation Crackdown The U.S. Department of Justice (DOJ) disclosed on March 27 that it is pursuing civil forfeiture of approximately $23 million in digital […] Source CryptoX Portal
Fidelity and Blackrock Drive $89 Million Into Bitcoin ETFs As Ether ETFs Lose Another $4 Million
Bitcoin ETFs notched their tenth consecutive day of inflows, adding $89 million, led by Fidelity’s FBTC and Blackrock’s IBIT. Meanwhile, ether ETFs recorded another day of outflows, losing $4 million. Inflows Hit 10-Day Streak For Bitcoin ETFs While Ether ETFs Struggle with Continued Exits Bitcoin ETFs continued their upward trajectory, marking their tenth consecutive day […] Original
T3 Financial Crimes Unit Freezes $9 Million Linked to Bybit Hack
On Wednesday, the T3 Financial Crimes Unit (FCU), integrated by Tether, Tron, and TRM Labs, announced that it had frozen close to $9 million linked to one of the largest cryptocurrency thefts ever, the Bybit hack. Paolo Ardoino, CEO of Tether, highlighted that the company remained “unwavering in its commitment to stopping illicit actors in […] Source CryptoX Portal
Bitcoin Has Bottomed, Now The Road To $1 Million Begins: Hayes
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. In an interview, Arthur Hayes—co-founder of the pioneering crypto derivatives exchange BitMEX—laid out his outlook for Bitcoin, predicting a momentous rally fueled by what he describes as “stealth printing”…
Blackrock’s IBIT Dominates $90 Million Inflow in Bitcoin ETFs, Ether ETFs Shed $6 Million
Bitcoin ETFs continued their winning streak, securing a 9th straight day of inflows with a $90 million addition, while ether ETFs continued the outflow trend with a $6 million exit. Bitcoin ETFs Mark 9 Consecutive Days of Inflows with $90 Million Fund Influx Bitcoin ETFs continued their winning streak, securing a 9th straight day of […] Original
Whale Alert: 200 Million Dogecoin Bought—Is A Price Rally On The Horizon?
Based on reports from crypto market analysts, Dogecoin has caught investors’ attention with a significant whale buying trend. Crypto market analyst Ali Martinez revealed that major investors have purchased 200 million Dogecoin tokens in just two weeks, sending ripples through the cryptocurrency market. This unexpected move has sparked intense discussion among traders and market watchers. Massive Coin Accumulation Signals Market Shift Investors are watching closely as large Dogecoin holders make substantial moves. The token has seen a remarkable price jump from $0.148 to $0.185 between March 11 and 25, representing…