Kraken has acquired Small Exchange, a Commodity Futures Trading Commission (CFTC)-regulated Designated Contract Market, for $100 million, marking a major step in its plan to expand crypto derivatives offerings in the U.S. Small Exchange Deal Expands Kraken U.S. Derivatives Reach Kraken has taken another decisive step in its U.S. expansion by acquiring Small Exchange, a […] Source
Investor sentiment diverged sharply midweek as bitcoin ETFs faced $104 million in outflows, while ether ETFs attracted $170 million in new capital, led by Blackrock’s ETHA. Bitcoin Funds See $104 Million Exit, Ether Stays in Green The exchange-traded fund (ETF) market took a turn midweek, with bitcoin products cooling off while ether ETFs pulled in […] Original
Zeta Network Group has secured a $231 million bitcoin-backed investment through a private placement involving solvBTC. The company aims to strengthen its balance sheet and signal growing institutional confidence in bitcoin-based treasury assets. $231 Million Bitcoin Investment by Zeta Network Group Sees Adoption of SolvBTC Zeta Network Group (Nasdaq: ZNB) has announced a $231 million […] Original
After a rough start to the week, crypto ETFs bounced back. Bitcoin and ether ETFs collectively pulled in $339 million, with Fidelity leading the charge across both asset classes. Fidelity Leads ETF Comeback With Strong Bitcoin and Ether Inflows After Monday’s steep sell-off, the crypto exchange-traded fund (ETF) market found its footing again. Investor appetite […] Original
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…
Bitcoin and ether exchange-traded funds (ETFs) posted a combined $756 million in outflows after two weeks of blockbuster inflows, as crypto ETFs stumbled into the new week. Crypto ETF Selloff: Bitcoin Loses $327 Million, Ether Funds See $429 Million Exit The streak of optimism in crypto exchange-traded funds (ETFs) hit a wall to start the […] Original
Key Notes Arkham Intelligence spotted a trader who is now short $340 million on Bitcoin. The whale had earlier made a profit of $200 million after shorting $700 million of BTC and $350 million of ETH. A while ago, short traders made a profit from the $624.41 million liquidation in the crypto market. Amid the fluctuation in Bitcoin BTC $110 813 24h volatility: 3.8% Market cap: $2.20 T Vol. 24h: $75.48 B price, one whale trader called “Trump Insider Whale” has increased their short position. According to Arkham Intelligence, the…
The Hyperliquid whale that banked $192 million shorting the recent market crash has doubled down on their new short position, having now loaded up almost half a billion over the past two days. According to data from Hyperliquid block explorer Hypurrscan, the whale now has a short position worth around $496 million, at 10x leverage and a Bitcoin (BTC) liquidation price of $124,270. Mysterious whale doubling down on their Bitcoin short. Source: Hypurrscan The whale has more than doubled their bet since yesterday, after initially opening the position with $163…
Key Notes Mike Novogratz’s Galaxy Digital recently received a $460 million private investment to transform its Bitcoin mining facility into an AI data center. The investment was from one of the world’s largest, but anonymous, asset managers. Galaxy Digital plans to commit some funds to its Helios deal in the long term. In a bid to make an Artificial Intelligence (AI) data center out of its former Bitcoin mining site in Texas, Galaxy Digital has secured a $460 million private investment. According to sources familiar with the matter, the…
On-chain data shows the 30-day netflow of the XRP whales has remained deep negative recently, a sign that the asset is under persistent selling pressure. XRP Whale Flow Is At A Negative $50 Million Per Day At The Moment As explained by CryptoQuant community analyst Maartunn in a new post on X, XRP whales have been offloading coins recently. “Whales” refer to the big-money investors who hold significant amounts in their wallets and carry some influence in the market. The behavior of these key investors can often be worth keeping…