Tag: Million

Bitcoin Volatility Drives $12 Million Fees for Yield Basis – Crypto News Bitcoin News

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Key Takeaways Yield Basis processed $1.1 billion volume in Q1 2026, generating $12 million in fees from volatility. Bitcoin swings drove $436 million volume in two weeks, proving DeFi can monetize market turbulence. Yield Basis TVL hit $180 million as demand grows, pointing to fee-based DeFi models ahead. Market Turbulence Fuels $1.1 Billion Volume on Yield Basis Bitcoin’s sharp price swings in early 2026 proved challenging for many investors, but for one DeFi protocol, volatility became a source of revenue. Yield Basis, a liquidity platform built on Curve Finance infrastructure,…

Crypto ETFs See Broad Inflows Led by $412 Million Bitcoin Surge – Markets and Prices Bitcoin News

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Key Takeaways: Bitcoin ETFs drew $411.5 million, led by Blackrock IBIT, signaling a strong market-wide rebound. Ether ETFs added $53.03 million with Fidelity FETH leading, extending 4-day inflow streak. XRP gained $11.2 million and Solana $1.27 million, suggesting broader risk appetite may continue. Bitcoin, Ether ETFs Rally With Strong Inflows Across Board The market did not hesitate. After a shaky start to the week, capital returned with conviction, lifting every major crypto ETF segment in a coordinated move higher. Bitcoin ETFs led the rally, recording a substantial $411.5 million in…

Rakuten Wallet Adds XRP, Giving 44 Million Users Broader Crypto Access – Featured Bitcoin News

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Key Takeaways: Rakuten enables 44 million users to buy XRP and convert it for spending at 5 million merchant locations. Platform unlocks $23 billion in Rakuten Points, creating a major new on-ramp into XRP adoption. Japan’s Rakuten ecosystem signals broader crypto payments growth beyond 100 million users. XRP Integration Into Rakuten Wallet Payments Ecosystem Large-scale payment ecosystems are increasingly embedding digital assets as practical financial tools within everyday commerce. Ripple’s Senior Ecosystem Growth Manager, Tatsuya Kohrogi, outlined a new rollout involving Rakuten Wallet on April 13, centered on integrating XRP…

Bitcoin ETFs See $291 Million Outflow as Ether Gains $9 Million – Markets and Prices Bitcoin News

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Key Takeaways: Bitcoin ETFs saw $291.11 million outflows led by Fidelity FBTC, signaling renewed caution. Ether ETFs gained $9.44 million as ETH transactions rose 41% to 3.6 million, hinting at growing activity. XRP added $1.46 million while Solana saw no flows, suggesting selective demand for altcoin ETFs. Ether Attracts Inflows as Bitcoin Begins New Week in the Red The week opened on uneven ground. Momentum, so evident just days ago, quickly gave way to renewed selling pressure in bitcoin ETFs, even as other corners of the market showed resilience. Bitcoin…

Deutsche Börse Invests $200 Million in Crypto Exchange Kraken – Crypto News Bitcoin News

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Kraken Valued at $13 Billion After Deutsche Börse Stake Deutsche Börse has taken a minority stake in crypto exchange Kraken, marking one of the clearest signs yet of Europe’s largest market operator deepening its exposure to digital assets. The German exchange group said it invested $200 million in Payward, Kraken’s parent company, securing roughly a 1.5% fully diluted ownership. The transaction values Kraken at about $13.3 billion, according to reporting by Bloomberg. The move builds on an existing relationship between the two firms and signals a broader push to integrate…

FTX’s Alameda Moves $16 Million SOL in Ongoing Creditor Repayment – Crypto News Bitcoin News

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Key Takeaways: Alameda moved $16 million worth of SOL to a wallet linked with repayment efforts, signaling ongoing FTX creditor payouts. Alameda still holds 3.5 million SOL ($294 million), meaning supply overhang may impact solana markets. FTX-era asset releases since 2022 suggest continued distributions could shape liquidity next. Alameda Unstakes SOL, Signals Ongoing Creditor Distributions Alameda Research has transferred roughly $16 million worth of solana ( SOL) tokens after unstaking the assets, in a move that points to continued creditor repayments tied to the collapse of FTX. Blockchain data tracked…

Crypto.com Puts up $1 Million CRO Bonus Pool for Fighters – Crypto News Bitcoin News

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Key Takeaways: UFC and Crypto.com will hold Freedom 250 at the White House on June 14, marking the U.S. 250th birthday. Crypto.com’s $1 million CRO bonus pool is the largest fighter prize in UFC history, tied to its 10th anniversary. Ilia Topuria defends the UFC lightweight title against Justin Gaethje; the event streams exclusively on Paramount+. UFC Freedom 250 White House Event This week, Crypto.com disclosed it will fund a $1 million bonus pool for selected fighters on the card, paid out in CRO, the native token of the Cronos…

Digital Asset Firm Tok-Edge Hits $15 Million Valuation, Eyes $100 Million Target – Bitcoin News

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Key Takeaways: Tok-Edge secured a $15 million valuation and a $1.5 million seed round led by Marcus Meijer. The firm’s Redemption Token on Ethereum bridges TradFi assets with DeFi utility and liquidity. Tok-Edge plans a $100 million first close for its flagship fund later in 2026 to scale its model. Fundraising Goals Digital asset pioneer Tok-Edge has announced an ambitious roadmap to secure a $100 million first close for its flagship fund later in 2026. The firm, led by a team of traditional finance and crypto veterans, also confirmed it…

Bitcoin and Ether ETFs Add Combined $443 Million in Strong Inflow Day – Markets and Prices Bitcoin News

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Key Takeaways: Bitcoin ETFs saw $358.17 million inflows on April 9, led by Blackrock IBIT, restoring momentum. Ether ETFs added $85.19 million as ETHA gained $90.94 million, showing selective but rising demand. XRP lost $661K while Solana saw no flows, suggesting capital is still fluctuating between altcoin ETFs. Market Turns Decisively Positive for Bitcoin and Ether ETFs No day is ever the same in the exchange-traded fund (ETF) market, and on Thursday, April 9, the tide turned again. This time, with force. After a stretch of uneven flows and fading…

$45 Million in Crypto Fraud Mapped as Operation Atlantic Identifies Victims Across US, UK, Canada – Bitcoin News

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Key Takeaways: The NCA’s Operation Atlantic froze over $12 million in criminal crypto proceeds and identified 20,000 victims across 3 countries. More than $45 million in total cryptocurrency fraud was mapped globally, signaling how widespread approval phishing has become. The NCA and partners will continue analyzing Operation Atlantic intelligence to pursue suspects and support additional victims. Operation Atlantic: NCA Targets Approval Phishing Scams, Freezes Over $12 Million The weeklong action, called Operation Atlantic, was co-hosted by the NCA, U.S. Secret Service, Ontario Provincial Police and the Ontario Securities Commission. The…