723.67 Billion PEPE for 4.63 Million DAI, What Is Happening?

Key Notes PEPE whales are exiting their position according to data from Lookonchain. The current market selloff has created uncertainty for many risk-on assets. Despite the bearish trends around the token, community sentiment remains strong. A large PEPE transaction is raising questions in the crypto community. A whale recently traded hundreds of billions of PEPE tokens for millions in DAI, a stablecoin. This whale transaction has triggered a discussion in the ecosystem about what this means for the meme coin’s future. Whale Offloads PEPE, Price Reacts In a recent development,…

Bitcoin ETFs Hit Hard With $326 Million Outflow, Marking Fourth Straight Day of Redemptions

Bitcoin ETFs suffered a steep $326 million outflow on Tuesday, April 8, led by a massive withdrawal from Blackrock’s IBIT. Ether ETFs didn’t fare much better, posting a $3.29 million exit from Fidelity’s FETH. Blackrock’s IBIT Leads $326 Million Bitcoin ETF Exit, Ether ETFs Also Slip Bitcoin exchange-traded funds (ETFs) are deep in outflow territory, […] Original

Bitcoin ETFs Lose $109 Million in Monday Slump

Bitcoin ETFs kicked off the week deep in the red, logging a $109 million outflow and extending the bleed to a third straight trading day. Meanwhile, Ether ETFs recorded no activity, marking a rare day of total trading silence. Bitcoin ETF Outflows Stretch to Day Three as Ether Funds Go Silent The new week began […] Original

Securitize Reports Highest-Ever Dividend of $4.17 Million for Tokenized Treasury Product

Securitize, the issuer behind Blackrock’s BUIDL tokenized U.S. Treasury fund, reported a record $4.17 million in dividends for March, marking the highest monthly payout among tokenized Treasury products. Since its launch, BUIDL has distributed $25.4 million, demonstrating the increasing appeal of tokenized institutional investments. Blackrock’s BUIDL Tokenized Fund Hits Record $4.17M Monthly Payout Securitize, the […] Source CryptoX Portal

OKX Fined $1.2 Million by Malta’s FIAU for Anti-Money Laundering Failures

Okcoin Europe Ltd, the European subsidiary of OKX Exchange, has been fined $1.2 million (€1.05 million) by Malta’s FIAU for anti-money laundering and compliance failures in 2023. The company has since taken corrective measures to address the deficiencies flagged in the review. Okcoin Europe Fined $1.2 Million by FIAU for Compliance Failures Malta’s Financial Intelligence […] Source BitcoincryptoexchangeExchanges CryptoX Portal