Bitcoin ETFs ended their seven‑day inflow streak with a $51 million outflow, while ether ETFs slipped with a $2 million net exit. Both asset classes saw strong trading volumes but closed the day in the red. Bitcoin’s Winning Run Ends as Ether Follows With Modest Outflow The relentless run of inflows into bitcoin exchange-traded funds […] Original
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…
On-chain data shows that XRP whales are currently offloading their coins, which paints a bearish outlook for the altcoin. This comes as XRP struggles to stay above the psychological $3 level and risks dropping to new lows. XRP Whales Offload $480 Million Coins In Two Weeks Santiment data shows that XRP whales have dumped 160 million coins ($480 million) since around September 4, when their holdings peaked at around 6.95 billion. Since then, their XRP holdings have dropped from 6.95 billion to around 6.77 billion. These whales hold between 1…
Bitcoin ETFs extended their inflow streak to seven consecutive days with $292 million, while ether ETFs snapped a five-day run with $62 million in outflows. Institutional Flows Favor Bitcoin as Ether ETFs End Five-Day Winning Run Momentum stayed firmly behind bitcoin exchange-traded funds (ETFs) on Tuesday, Sept. 16, as the funds notched their seventh straight […] Original
Bitcoin ETFs recorded a sixth straight day of inflows with $260 million, while ether ETFs notched their fifth consecutive positive day with $360 million. The streak underscores surging investor appetite across both leading digital-asset funds. Bitcoin ETFs Extend Winning Streak to Six Days With Ether ETFs Following Crypto exchange-traded funds (ETFs) carried their momentum into […] Original
China’s largest corporate Bitcoin treasury firm, Next Technology Holding, says it is looking to sell up to $500 million of its common stock to buy more Bitcoin and for other purposes. “We intend to use the net proceeds from the sale of any securities offered under this prospectus for general corporate purposes, including, but not limited to, the acquisition of Bitcoin,” the software company said in a filing to the US securities regulator on Monday. Next Technology currently holds 5,833 Bitcoin worth $671.8 million — making it the 15th largest…
On-chain data shows the XRP whales have participated in major distribution over the past two weeks, a sign that can be bearish for the asset’s price. XRP Whales Have Sold 160 Million Tokens Recently In a new post on X, analyst Ali Martinez has talked about the latest move from the XRP whales. The analyst has cited Santiment’s Supply Distribution indicator, which measures the total amount of the asset’s supply that a given wallet group as a whole is holding right now. Whales are defined as addresses carrying between 1…
Hyperscale Data is launching a $100 million bitcoin treasury program while expanding its Michigan artificial intelligence (AI) data center, signaling a full transformation into an AI and digital asset company. From Data Centers to Digital Assets: Hyperscale Bets on Bitcoin and AI Hyperscale Data has announced a $100 million bitcoin treasury strategy, reinforcing its transformation […] Original
Bitcoin exchange-traded funds (ETFs) delivered a dominant $2.34 billion inflow for the week, with ether ETFs rebounding to secure $638 million. Institutional favorites led the charge, pointing to the strengthening appetite for digital asset exposure. Crypto ETFs Deliver Green Week With Major Inflows for Bitcoin and Ether Funds Momentum in crypto ETFs accelerated this past […] Original
Innocent people and businesses have reportedly been caught in the crossfire as Thai banks froze millions of accounts suspected to be “mules” for scammers over the weekend. The nationwide crackdown began in August, and weekend reports suggest that banks have frozen three million accounts and imposed daily transfer limits on all bank customers in the Kingdom, according to reports. However, the Cyber Crime Investigation Bureau (CCIB) reported on Sunday that bank accounts of innocent online vendors and merchants are being frozen too after scammers adopted new methods to launder stolen…