Tag: Million

Harvard Takes $116 Million Stake in BlackRock’s Bitcoin ETF

Key Notes Harvard’s recent financial disclosure shows that it held $117 million worth of shares in IBIT as of the end of Q2, 2025. Bitcoin price is looking to make a major comeback to its ATH above $123,000. Sustained Bitcoin ETF accumulation can help fuel the price rebound. . Harvard University is likely one of the latest holders of BlackRock’s iShares Bitcoin Exchange Traded Fund (ETF), otherwise known as IBIT. According to a recent financial disclosure, the academic institution held $117 million worth of shares in IBIT by the end…

Spot Ethereum ETF Inflows Shoot to $461 Million

Key Notes BlackRock Ethereum ETF has now approached closer to the milestone of $10 billion in inflows since inception. ETH’s rally above $4,000 for the first time since December 2024 triggered $105 million in Ether short liquidations. Analysts suggest Ethereum’s surge could pave the way for a broader altcoin rally. Inflows into spot Ethereum ETFs shot up to more than $460 million on Friday, August 8, as ETH price reclaimed the $4,000 level once again for the first time since December 2024. BlackRock iShares Ethereum Trust (ETHA) led the most…

CleanSpark Faces $185 Million Tariff Dispute Over Chinese Bitcoin Mining Rigs

Key Notes Multiple US Bitcoin miners including IREN face similar customs disputes totaling hundreds of millions in potential tariff liabilities. CleanSpark’s stock declined over 5% despite reporting strong Q3 results with $198.6 million revenue and $257.4 million net income. Industry-wide scrutiny prompts Bitmain to consider US manufacturing facility as mining companies reassess supply chain strategies. The US public bitcoin mining company CleanSpark Inc. (NASDAQ: CLSK) is confronting a potential tariff liability of up to $185 million after the US Customs and Border Protection (CBP) alleged that the company’s Bitcoin mining…

CrediX Rugpull? Team Vanishes After $4.5 Million Exploit

Key Notes CrediX may have pulled a fast one on its users by suddenly vanishing in what appears to be an exit scam. It had earlier claimed that it was under attack by a bad actor who took control of its system and made off with $4.5 million. Melania Trump’s MELANIA was once called out for tampering with the meme coin’s liquidity, a proof of high risk of rug pulls. Decentralized lender CrediX may have pulled a fast one on its users as it suddenly vanished in what looks like…

TRON Sees Over 8 Million USDT Transactions in One Week, What’s Fueling This?

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Tron (TRX) has recorded notable price gains over the past month, rising by nearly 20% in the past 30 days. Currently trading at around $0.3392, the asset has also posted a 1.5% gain in the past 24 hours. These developments occur amid growing on-chain activity, particularly driven by the increased use of the TRON network for Tether (USDT) transactions, positioning the blockchain as a major player in the stablecoin infrastructure space. One of the key observations has been the network’s sharp rise in USDT transaction volume. According to CryptoQuant contributor…

The Nearly $600 Million Buy Shaking Up SOL

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Solana is seeing a sharp rise in institutional demand, with publicly traded companies now holding over $591 million worth of SOL. According to new data from CoinGecko, four firms—Upexi, DeFi Developments Corp, SOL Strategies, and Torrent Capital—have collectively acquired more than 3.5 million SOL, marking one of the strongest waves of corporate accumulation in the asset’s history. Solana Sees Massive Institutional Buying Spree Institutional appetite for Solana is accelerating at a pace not seen before, signaling a shift in market sentiment as major players seek exposure to SOL. A new…

Ripple to Expand RLUSD Stablecoin Use With $200 Million Rail Platform Acquisition

Key Notes The acquisition will close in Q4 2025 following regulatory approvals and Trump’s recent GENIUS Act passage. Rail’s virtual accounts and automated infrastructure will enhance Ripple’s operational efficiency significantly. The combined platform enables seamless stablecoin payments across major corridors without crypto balance sheet exposure. Earlier today, August 7, blockchain firm Ripple announced the $200 million acquisition of stablecoin-powered payments platform Stellar Rail. This move comes as the company looks to expand its stablecoin infrastructure along with the use cases of its native RLUSD stablecoin. This is the first major…

Trezor Academy: 150 Million Swahili Speakers Can Now Learn Bitcoin in Their Language

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This content is provided by a sponsor. PRESS RELEASE. More than 150 million people speak Swahili across Kenya, Tanzania, Mozambique, Burundi, and the Democratic Republic of Congo — regions where interest in bitcoin is growing, but educational materials in local languages remain scarce. This has long limited access to essential knowledge about how bitcoin works […] Original