Russian Power Company Reports $14 Million Loss Due to Illegal Crypto Mining

Russian power company Rosseti suffered over $14 million in losses in 2024 due to illegal crypto-mining operations, which have led to network congestion, equipment damage, and criminal investigations. Unauthorized Crypto Mining Results in Heavy Losses For Rosseti Russian electricity provider Rosseti has reported $14 million (1.3 billion rubles) in damages from illegal cryptocurrency mining in […] Source CryptoX Portal

Bitcoin ETFs Rebound With $66.19 Million Inflow, Ether ETFs Attract $11.65 Million

Both bitcoin and ether ETFs started the week positively, with net inflows of $66.19 million and $11.65 million, respectively. Fidelity’s FBTC led bitcoin ETF inflows, while Fidelity’s FETH was the primary contributor to ether ETF inflows. Bitcoin and Ether ETFs Kick Off Week With Positive Inflows After a challenging period of outflows, crypto exchange-traded funds […] Original

Bitcoin’s Final Million: 20 Million BTC Milestone to Precede 2028 Halving

Not long ago, the Bitcoin blockchain released 94.42% of its total supply, leaving only—or 174,583.24 bitcoins—to be mined until 20 million are in circulation. Calculations indicate that this milestone will be reached before the fifth Bitcoin halving, expected to occur in April 2028. Algorithmic Scarcity: Bitcoin Nears 20 Million The commonly cited total supply of […] Original

ETF Weekly Recap: Red Week for Bitcoin and Ether ETFs With Net Outflows of $581.23 Million and $26.3 Million

Between Feb. 10 and 14, bitcoin ETFs experienced a net outflow of $581.23 million, while ether ETFs saw a net outflow of $26.3 million. This trend reflects cautious investor sentiment amid market volatility. Market Volatility Sparks Significant Outflows From Bitcoin and Ether ETFs Bitcoin and ether exchange-traded funds (ETFs) had a negative trading week between […] Original

Bitcoin ETFs Get $2 Million Boost From National Bank of Canada

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Bitcoin ETFs Face Fourth Consecutive Day of Outflows, Resulting in $157 Million Loss as Ether ETFs Attract $13 Million Inflow

The fourth day of consecutive outflows for bitcoin ETFs saw a loss of $156.69 million, with significant withdrawals from Fidelity’s FBTC and ARK 21Shares’ ARKB. In contrast, ethereum spot ETFs attracted $12.92 million in inflows, led by Blackrock’s IBIT and Fidelity’s FETH. Bitcoin ETFs Shed $650.76 Million Over Four Days Bitcoin and ether exchange-traded funds […] Original

Plasma Secures $20 Million to Launch Bitcoin-Based Blockchain for Zero-Fee Stablecoin Transactions

Plasma, a startup focused on developing a blockchain tailored for stablecoin transactions, has raised $20 million in a Series A funding round led by Framework Ventures, following an earlier $4 million seed round. The investment, which includes participation from notable figures such as Peter Thiel and Tether CEO Paolo Ardoino, aims to enhance Plasma’s capabilities […] Original

Bitcoin To $1.5 Million? Ark Invest CEO Cathie Wood Says It’s Coming

Este artículo también está disponible en español. ARK Invest’s Cathie Wood is steadfast on her estimate that Bitcoin may rise to $1.5 million by 2030, despite a bold projection that is causing a stir across the crypto space. Related Reading Known for her lofty tech forecasts, the financial guru described this situation during Ark’s Big Ideas 2025 conference, where she revealed that the odds of reaching this astronomical figure have actually increased. The Path To A Million-Dollar Bitcoin Wood’s forecast goes beyond simply hauling figures out of thin air. Given…