Tag: Million

ADA Faces $40M Sell-Wall as Team’s 70 Million ADA Budget Request Crosses 53% Approval

Key Notes Cardano’s governance vote on a ₳70M Critical Integrations Budget has crossed 53% approval from DReps. ADA price rejected at $0.44 amid broader market recovery, slipping to $0.41 as sell pressure intensifies. Derivatives data shows bulls narrowly retain control, but a $22M short-seller cluster at $0.44 forms a major resistance wall. Cardano began the weekend under mild pressure, trading just above $0.41 on Saturday, Nov. 29, following a 2% intraday dip that trimmed weekly gains to 3.4%. ADA had touched a weekly high of $0.44 on Thursday as the…

Spot Bitcoin ETFs End Outflow Streak With $70 Million Inflows

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Spot Bitcoin exchange-traded funds (ETFs) ended a bruising month of withdrawals with a modest turnaround, posting roughly $70 million in net inflows for the week. The reversal follows four straight weeks of heavy outflows that drained about $4.35 billion from the sector and pushed net assets sharply lower, according to data from SoSoValue. The highest weekly outflow occurred in the weeks ending on Nov. 7 and Nov. 21, 2025, with each week seeing $1.22 billion leave spot Bitcoin ETFs. On a daily basis, Bitcoin (BTC) funds registered about $71 million…

Upbit $30 Million Hack Update: Authorities Link Breach To North Korean Hackers

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South Korea’s largest cryptocurrency exchange, Upbit, is currently under scrutiny by regulators following a significant hack that led to the unauthorized withdrawal of approximately $36.9 million in assets on the Solana (SOL) network. The breach impacted over 20 different tokens and has prompted Upbit to freeze assets on its platform while an investigation unfolds. Lazarus Group Tied To Upbit Hack Authorities are now investigating the possibility of North Korean involvement in the cyber attack. Reports suggest that a group affiliated with North Korea’s intelligence agency, the notorious Lazarus Group, may…

Analyst Predicts XRP Price Will Hit $100 Before Bitcoin Hits $1 Million

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A crypto analyst has issued a decisive projection that challenges the long timelines often associated with major price milestones for Bitcoin. His outlook was presented in response to the ultra-bullish forecasts from Michael Saylor and Jack Mallers, who have spoken openly about the possibility of Bitcoin reaching between $1 million and $20 million per coin.  Rather than focusing on Bitcoin’s distant targets, the analyst directed attention to XRP, insisting that XRP will reach $100 long before Bitcoin touches the seven-figure mark. Analyst Says XRP Will Reach $100 Before Bitcoin’s Million-Dollar…

Ark Invest Buys $16.5 Million Worth of COIN

Key Notes The recent purchase of the COIN stock happened across different Ark Invest portfolios. Cathie Wood signaled expectations of a crypto market recovery, citing an anticipated end to liquidity tightening. Ark Invest said improving liquidity conditions could fuel a broader market rebound, expecting another $300 billion in inflows in the coming weeks. Cathie Wood’s asset management firm, Ark Investments, purchased 62,166 Coinbase (COIN) shares for an investment value of $16.5 million. This purchase of the COIN stock comes amid its 30% drawdown over the past month. It is also…

Dogecoin ETF Debut Fails To Impress, Taking In Only $1.4 Million

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According to trading records and company filings, Grayscale’s new spot Dogecoin ETF — ticker GDOG — opened quietly, pulling in just $1.4 million in trading volume on its first day on NYSE Arca. Muted Debut On NYSE Arca Reports have disclosed that the debut fell well short of some public forecasts. Bloomberg analyst Eric Balchunas had suggested the fund might see roughly $10–12 million in opening-day volume, a target that the actual figures did not meet. That gap has drawn quick commentary from traders and analysts, who say the launch…

DWF Labs Launches $75 Million Fund Targeting Institutional Phase Of DeFi

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Crypto market maker and Web3 investment firm DWF Labs says it is investing up to $75 million in decentralized finance projects that could support institutional adoption.  The firm shared its announcement via X on Wednesday, saying the fund will support projects with “innovative value” propositions that can scale to support large-scale adoption.   “The initiative will target blockchain projects building dark-pool perpetual DEXs, decentralized money markets, and fixed-income or yield-bearing asset products, […] areas the firm believes are poised for major growth as crypto liquidity continues its structural migration onchain,” DWF Labs…

Texas Drops $10 Million On Bitcoin, Officially Buying The Dip First

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Texas has moved public money into Bitcoin exposure, buying $5 million worth of shares in a regulated Bitcoin exchange-traded fund. Related Reading According to reports, the state’s purchase was made on November 20, 2025, and it used the BlackRock iShares Bitcoin Trust (IBIT) to gain price exposure without immediately holding the cryptocurrency itself. The state set aside a total allocation of $10 million for its new Strategic Bitcoin Reserve. Lee Bratcher, who leads the Texas Blockchain Council, confirmed the state’s crypto purchase on X. State Uses ETF As Interim Step…

Texas Government Buys $5 Million Of BlackRock’s Bitcoin ETF 

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The Texas state government has made a major Bitcoin move, snapping up $5 million worth of shares in BlackRock’s spot Bitcoin exchange-traded fund, with another $5 million lined up for a self-custodied Bitcoin buy.  The government made the purchase on Nov. 20, with the move highlighted via X on Tuesday by Lee Bratcher, president of the Texas Blockchain Council. Bratcher said that the Texas government will eventually “self-custody Bitcoin,” but as it’s still finalizing the process, the initial $5 million “allocation was made with BlackRock’s IBIT ETF.”  “$10M is allocated…

Exodus Uses Bitcoin to Fund $175 Million Onchain Payments Push

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Crypto wallet provider Exodus plans to use its Bitcoin reserves to finance a major push into onchain payments, striking a $175 million deal to acquire W3C Corp, the parent company of payment infrastructure providers Monavate and Baanx. The agreement, announced on Monday, marked a major shift in strategy for the NYSE-listed company. By bringing Monavate and Baanx in-house, Exodus aims to become one of the few self-custodial wallets to control the entire payments stack, from crypto storage to card issuance. “By bringing card and payments infrastructure in-house, we are closing…