Tag: Million

Swift Surge: New XRP Whale Amasses $206 Million In Minutes

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A fresh whale on the XRP ledger moved a large chunk of tokens in a very short time, and traders are split on what it means. According to on-chain records, a newly activated address received two equal transfers that together totaled $120 million XRP. The transfers came through an intermediary wallet that shuffled the coins across multiple quick moves. Whale Activity And The Flow Of Funds Reports say the incoming batches were two transfers of $60 million XRP each. The intermediary took each batch and pushed them onward to a…

Ether ETFs Flip Green With $28 Million Inflow as Bitcoin Keeps Bleeding

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Midweek trading delivered a split verdict for crypto ETFs, with bitcoin extending its outflow streak while Ether regained momentum. XRP and solana quietly added to their recent run of inflows, reinforcing selective risk appetite. ETF Tug-of-War: Bitcoin Slips, Ether Recovers, XRP and Solana Shine The crypto exchange-traded fund (ETF) market offered a study in contrasts […] Original

Something Big Is Brewing In XRP DeFi—And 91 Million Tokens Tell The Story

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Flare Networks says it has turned a chunk of XRP from an idle holding into something that can earn returns. The moves are recent and the numbers are concrete enough to grab attention, yet they raise as many questions as they answer. Flare Bridging And Activity According to Flare, roughly 91.69 million XRP have been bridged onto its network. About 75% of that stock is said to be actively put to work onchain. Reports say the Flare vault system shows 90.55 million XRP in its core vault after inflows and…

Banks Are Pushing Bitcoin Into the Death Spiral

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io How the Banks Stole Gold is How They Might Steal Bitcoin ► Apply for the Gemini Credit Card: #GeminiCreditCard #CryptoRewards This video is sponsored by Gemini. All opinions expressed by the content creator are their own and not influenced or endorsed by Gemini. The Gemini Credit Card is issued by WebBank. For more information regarding fees, interest, and other cost information, see Rates & Fees: gemini.com/legal/cardholder-agreement. Some exclusions apply to instant rewards in which rewards are deposited when the transaction posts. All…

Steak ‘n Shake Increases Bitcoin Exposure to $15 Million, Expands Strategic Reserve

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Steak ‘n Shake increases its bitcoin exposure by $5 million, raising the Strategic Bitcoin Reserve to $15 million. Steak ‘n Shake, a Biglari Holdings company, announces it has increased its bitcoin exposure by $5,000,000 in notional value, bringing the Strategic Bitcoin Reserve (SBR) to $15,000,000; the update is presented as part of the chain’s ongoing […] Original

Steak ‘n Shake adds $5 million in Bitcoin to strategic reserve

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Steak ‘n Shake has added $5 million worth of Bitcoin to its reserves as it continues funneling all proceeds from Bitcoin payments directly into the fund. Summary Steak ‘n Shake added $5 million worth of Bitcoin to its Strategic Bitcoin Reserve, taking its total disclosed holdings to $15 million. The fast food chain continues to route all Bitcoin payment proceeds into its reserve. “Our self-sustaining system, improving food quality that grows same-store sales that then grow the SBR, is transforming the chain via financial technology,” Steak ‘n Shake wrote in…

Crypto Scam: Matcha Meta Suffers $16.8 Million SwapNet Exploit

Key Notes PerkShield reported a $16.8 million scam on Matcha Meta, citing that the attacker has swapped about $10.5 million in USDC. CertiK reported an estimated loss of around $13.3 million in USDC. South Korean prosecutors recently recorded a significant loss in seized Bitcoin. The broader cryptocurrency market has experienced another scam, resulting in a loss of $16.8 million. These funds were withdrawn from Matcha Meta, a decentralized exchange aggregator. Several blockchain security firms, including PerkShield, have flagged the incident. Matcha Meta Yet to Confirm Crypto Losses Matcha Meta reported…

Report: ZBD Raises $40 Million to Power Bitcoin Payments for Video Games

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ZBD secures $40 million Series C to expand bitcoin and blockchain payment rails for gaming. ZBD, a New Jersey‑based bitcoin payments startup, reportedly secured a $40 million Series C led by Blockstream Capital with $36 million committed, funding the company’s expansion of video game payment software that processes bitcoin and other blockchain transactions. ZBD, which […] Original