Tag: Million

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

boss

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

Bitcoin ETF Inflow Streak Breaks With Nearly $80 Million Outflows

boss

Este artículo también está disponible en español. The recent increase in the appeal of spot Bitcoin exchange-traded funds (ETFs) in the United States has temporarily ceased. Related Reading On Tuesday, these funds underwent a reversal, resulting in net outflows of $79.01 million, following an extraordinary seven-day streak of positive inflows. Farside Investors are the source of this data, a company that specializes in the analysis of ETF flows. A Brief Obstacle The $79 million outflow represents a significant shift in sentiment among investors who had previously demonstrated a strong interest…

Crypto Investor Nets 3,360% Gain, Turns $86,000 Into $3.9 Million

boss

Este artículo también está disponible en español. In another fabulous story from the crypto market, an investor has realized a staggering 3,360% return, transforming an initial investment of $86,000 into approximately $3.9 million. This extraordinary gain was achieved through an investment in the memecoin Goatseus Maximus (GOAT). According to a report by on-chain analysis firm Lookonchain, the investor allocated 603 SOL (worth $86,000) to purchase 10.7 million GOAT tokens six days prior. At its peak, this investment surged to $3.75 million. Within the past eight hours, the investor liquidated 0.7…

Paypal Expands Crypto Reach: 60 Million Venmo Users Now Linked to Moonpay

Venmo’s 60 million users can now fund transactions on the Moonpay platform, thanks to a new integration announced by Paypal. U.S. users can use Venmo balances, linked bank accounts, or cards to buy and sell cryptocurrencies through Moonpay, expanding payment flexibility. However, this option is unavailable in New York and Texas, continuing Paypal’s push into […] Source CryptoX Portal

WLFI Token Launch, Backed By Trump, Falls Flat On $300 Million Fundraising Target

boss

The anticipated launch of the Donald Trump World Liberty Financial (WLFI) token has globally faced challenges in raising the expected $300 million. Thus, the fundraising activities have been described as a total failure within two days after it was launched on 15 October since WLFI has raised only around $11 million accounting for only 4% of the target. Actually, with so much effort placed to advertise the project, which was even described as a ‘crypto bank,’ things have turned out different. Technical Issues Affect Trump Token Sales It was assumed…

Nasdaq-Listed Bitcoin Miner MARA Secures $200 Million Line of Credit to Fuel Strategic Growth

MARA, a large publicly traded bitcoin miner, has announced the successful acquisition of a $200 million line of credit, collateralized by a portion of its bitcoin holdings. This substantial funding will empower the company to pursue strategic growth opportunities and support various corporate initiatives as it continues to solidify its position in the digital asset […] Source CryptoX Portal