Tag: Million

Bitcoin ETFs record total daily outflow of $54.94 million as BTC hovers at $69,000

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The U.S. Bitcoin spot exchange-traded funds have recorded a daily outflow of $54.94 million as of Nov. 1, and Ethereum follows suit with a $10.93 million outflow. The latest data from SoSoValue shows that the U.S. Bitcoin (BTC) spot ETFs exhibited a $54.94 million outflow on Nov. 1. The one-day net inflow of IBIT stood at $0. According to the data, the cumulative net inflow of IBIT stood at $26.14 billion. On the other hand, GBTC exhibited a $5.51 million outflow, which has brought its cumulative net inflow to -$20.16…

These 4 altcoins could turn $400 into a $1.4 million portfolio by 2025

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Small crypto investments could yield big returns by 2025, with coins like XYZVerse, an all-sport memecoin, showing high growth potential. The cryptocurrency market is presenting opportunities where small investments might yield substantial returns by 2025. With strategic choices, it’s possible to transform a modest amount into considerable wealth. Identifying altcoins with exceptional growth potential is key for those aiming to maximize their portfolios. Certain digital assets are attracting attention…

Bitcoin Price Correction Triggers $296 Million In Liquidations – Can BTC Still Hit ATH?

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Este artículo también está disponible en español. Bitcoin (BTC) has had a volatile 24 hours, hitting as low as $68,830 on the Binance crypto exchange before recovering some losses. Liquidation Data At A Glance Although BTC is trading close to its all-time high (ATH) value of $73,737, yesterday’s quick drop in price cast doubts on whether the top digital asset will be able to record a new ATH. Related Reading According to CoinGlass data from the crypto liquidations tracker, more than $296 million of active positions were liquidated in the…

Nigerian Fintech Reaches Unicorn Status With $110 Million Google-Backed Funding Round

Moniepoint, a Nigerian fintech company, has raised $110 million in Series C funding to expand its services across Africa and globally, becoming the latest Nigerian fintech unicorn. Moniepoint Seeks to Serve Global African Market with New Funding Moniepoint, a Nigerian fintech company, recently announced it had raised $110 million in a Series C funding round […] Source CryptoX Portal

Bitcoin ETFs Could Cross 1 Million BTC Today

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Este artículo también está disponible en español. US Bitcoin ETFs recorded their highest daily inflow since inception, amassing $870 million on Tuesday. This surge in investment comes as the largest cryptocurrency inches closer to its all-time high of $73,700, originally reached in March.  This comes as investor sentiment appears to be buoyed by speculation surrounding a potential victory for Republican candidate Donald Trump over VP Kamala Harris, which many believe could foster a more positive environment for the digital asset ecosystem, ultimately favoring crypto prices. Bitcoin ETFs Inflows And Price…

BTC ETFs Record Massive $870 Million Inflows

“$IBIT traded $3.3b today, biggest number in 6mo, which is a bit odd bc btc was up 4% (typically ETF volume spikes in a downturn/crisis),” Balchunas said on X. “Occasionally tho volume can spike if there a FOMO-ing frenzy (a la $ARKK in 2020). Given the surge in price past few days, my guess is this is latter, which means look for (more) big inflows this week.” Source

VanEck Sees Bitcoin As Key Global Reserve Asset, Projecting $3 Million Price Tag By 2050

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Este artículo también está disponible en español. As Bitcoin rebounds from its brief correction and approaches the $70,000 mark, Matthew Sigel, head of digital asset research at asset manager and crypto ETF issuer VanEck, shared his insights on the cryptocurrency’s potential trajectory in light of the upcoming US presidential election and broader economic factors in a recent CNBC interview. Bitcoin Recovery Tied To M2 Growth And Seller Exhaustion Sigel noted the correlation between former President Donald Trump’s lead in betting polls against Vice President Kamala Harris and Bitcoin’s rise. He…

The $20 Million Bitfinex Mystery

What happens when hacked crypto gets hacked again? How did the Bitfinex funds the government secured find their way back into the blockchain maze? Here we go again… In a surprising turn of events, a U.S. government-controlled crypto wallet holding over $20 million in seized digital assets made an unexpected move across the blockchain on Oct. 24. The wallet, linked to the notorious 2016 Bitfinex hack, had remained inactive for months—until yesterday. Within minutes, blockchain analysts at Arkham Intelligence flagged the unusual transfers, raising questions about a potential security breach.…

Bitcoin (BTC) ETFs Will Soon Hold One Million Tokens, Nearly as Much as Satoshi

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Fueled most recently by major inflows into the funds as bitcoin (BTC) rallies into the election, the ETFs, which only opened for business on Jan. 11 of this year, currently hold roughly 967,459 tokens. With just a modest continuation of inflows, they are likely to cross the one million mark in the next couple of weeks, bringing them into the territory of Satoshi Nakamoto, who owns 1.1 million tokens, per Blockchain.com data. Original