Tag: Million

Helius Launches Latest Solana Treasury with $500 Million Private Placement

Key Notes Helius Medical’s $500M private placement makes it the second-largest Solana treasury holder after Forward Industries. Solana staking deposits climbed from 400.8M to 411.3M SOL tokens, adding $2.5 billion in value over one week. SOL price faces critical $240 support test with potential rebound targets at $250 or downside risk to $214. On Friday, Sept. 19, Nasdaq-listed Helius Medical Technologies (HSDT) announced the completion of a $500 million private placement to establish a Solana ETH $4 450 24h volatility: 3.2% Market cap: $537.15 B Vol. 24h: $28.28 B treasury…

IG Group Buys Australian Crypto Exchange for £87 Million

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IG Group, the London-based contracts for differences (CFDs) broker, has announced the acquisition of Australian crypto exchange Independent Reserve for an initial enterprise value of A$178 million (£86.8 million). IG Pushes Into Crypto Announced today (Friday), the broker stressed that the bolt-on transaction will help it enter the cryptocurrency market in the Asia-Pacific region. Independent Reserve offers crypto trading to both retail and institutional customers with approvals from Australia and Singapore. Join IG, CMC, and Robinhood in London’s leading trading industry event! IG also plans to expand the crypto exchange…

Dogecoin Down 13% As Whales Distribute $181 Million In DOGE

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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…

$480 Million In 2 Weeks? XRP Whale Movements Could Reveal The Next Price Direction

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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…

Crypto ETFs Stay Hot: Bitcoin and Ether Funds Pull in Over $600 Million Combined

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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

Chinese Bitcoin Firm Targets $500 Million Stock Sale For BTC

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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…

XRP Bearish Signal: Whales Offload $486 Million In Asset

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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…