Coinbase Provides $100 Million Credit Facility to Bitcoin Mining Company Riot Platforms

Riot Platforms, Inc. (NASDAQ: RIOT) has announced a $100 million credit facility with Coinbase Credit, Inc., a subsidiary of Coinbase Global, Inc. (NASDAQ: COIN). This multiple drawdown term loan facility will be available to Riot over a two-month period following the execution date. The company plans to utilize the proceeds for key strategic initiatives and […] Original

Bitcoin ETFs Attract $381 Million in Inflows

Key Notes US Bitcoin ETFs saw $381M in inflows, led by ARK 21Shares with $116M. BTC remains stable above $80K, outperforming equities during the Easter holiday. Traditional markets, including Dow Jones and Nasdaq, dropped by 2.5% and 2.4%, respectively. US spot Bitcoin exchange-traded funds (ETFs) saw the largest daily inflows since the end of January, when Bitcoin ETFs recorded a net inflow of $588.1 million, following the cryptocurrency’s peak at six figures. The recent inflow is positive for the crypto market, which continued to thrive during the holiday. With $381.4…

Solana Whale Takes Out $52.7 Million In SOL From Binance: Bullish Sign?

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. On-chain data shows a Solana whale has made a large withdrawal from Binance in the past day, a sign that could be bullish for SOL’s price. Solana Whale Has…

Strategy Acquires 6,556 Bitcoin for $555.8 Million: Details

Key Notes Strategy’s Bitcoin holdings now total 538,200 units, valued at over $47 billion. Michael Saylor stands by Bitcoin as a risk-free store of value. Bitcoin’s market capitalization hits $1.73 trillion, boosting Strategy’s investment. Bitcoin treasury company Strategy has confirmed a major addition to its Bitcoin portfolio. The technology firm spent $555.8 million to top its Bitcoin bag, further strengthening Strategy’s position as one of the largest corporate holders of the digital asset. Strategy Bitcoin Bet: Key Details According to a recent statement, Strategy announced it had purchased 6,556 Bitcoin…

‘Rich Dad, Poor Dad’ author calls for $1 million BTC by 2035

Financial educator, author of Rich Dad, Poor Dad, and investor Robert Kiyosaki recently forecasted a $1 million Bitcoin (BTC) price by 2035 as the US dollar continues to lose value to inflationary monetary policies. “I strongly believe, by 2035, that one Bitcoin will be over $ 1 million, Gold will be $30,000, and silver $3,000 a coin,” Kiyosaki wrote in an April 18 X post. Kiyosaki, a self-described gold bug, has long argued that bearer assets like gold, silver, and more recently Bitcoin, are critical hedges against inflation and key…

Cardano Whales Offload 180 Million ADA In 5 Days – Smart Profit-Taking?

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Cardano is now entering a critical phase after enduring weeks of massive selling pressure and heightened market uncertainty. While the broader crypto market remains fragile due to rising macroeconomic…

Over $700 Million In XRP Moved In April, What Are Crypto Whales Up To?

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. XRP is making headlines this month as whale activity surges across the network. In a surprising twist, reports indicate that XRP whales have dumped more than $700 million worth…