Bitcoin ETFs Face Heavy Sell-Off With $158 Million Exit

Bitcoin exchange-traded funds (ETFs) extended their outflow streak with a $158 million exit, marking three straight days of declines, while ether ETFs lost $3.6 million after two brief days of inflows. Bitcoin ETFs Extend Losing Streak With $158M Outflow As Ether ETFs Also Retreat The bleeding continued for bitcoin ETFs on the first day of […] Original

XRP News Today: Ripple Labs Locks 700 Million XRP in Escrow Post-SEC Lawsuit Resolution

Key Notes Ripple Labs locked 700 million XRP in escrow to manage the coin’s circulating supply. The technology company holds billions of XRP outside escrow, with plans to reduce sales. Ripple and US SEC case is now over with the firm billed to pay $50 million. Blockchain payments firm Ripple Labs Inc has locked 700 million XRP XRP $2.12 24h volatility: 0.9% Market cap: $123.20 B Vol. 24h: $3.22 B in escrow as part of its continued strategy to manage the cryptocurrency’s supply. Notably, this occurred weeks after company CEO…

Lack of Disclosure on LUNA Costs Galaxy Digital $200 Million

Galaxy Digital, founded by Michael Novogratz, has agreed to pay $200 million in penalties to resolve allegations that it violated New York laws by promoting the cryptocurrency LUNA without disclosing its financial interests. Galaxy’s LUNA Disclosure Failure Violated NY Laws Michael Novogratz’s Galaxy Digital recently agreed to pay $200 million in penalties to resolve allegations […] Source CryptoX Portal

Bitcoin ETFs Face $71 Million Exit Amid Tariff Concerns as Ether ETFs Gain $6 Million

Bitcoin ETFs saw a $71 million outflow to start the week, extending Friday’s losses, while ether ETFs added $6.42 million in inflows. Investors may be reacting to economic concerns, including upcoming tariffs from President Trump. Bitcoin ETF Outflows Continue as Investors React to Market Uncertainty Bitcoin ETFs stumbled into the new week, shedding $71.07 million […] Original

Coinbase Victim of Latest Phishing Scam, Users Lose over $46 Million

Key Notes According to ZachXBT, one single theft of 400 BTC worth $34.9 million, was the biggest in the phishing scam. Fraud tactics like address poisoning and wallet spoofing continue to exploit users, with Coinbase remaining the most impersonated crypto brand. Coinbase advises users to enable two-factor authentication, use a dedicated email, and store funds in Coinbase vaults. Blackchain sleuth ZachXBT has recently reported that users of crypto exchange Coinbase have collectively lost over $46 million just over the past two weeks to suspected phishing scams. The blockchain investigator reported that…

South Korea sees crypto investors top 16 million: report

According to data submitted to Rep. Cha Gyu-geun of the Rebuilding Korea Party, South Korea’s cryptocurrency investors reached 16.29 million as of February. This figure represents nearly 32% of the country’s population. The data, compiled from accounts at the country’s top five domestic virtual asset exchanges – Upbit, Bithumb, Coinone, Korbit, and Gopax – shows consistent growth throughout 2024. The number of crypto investors first surpassed 14 million in March 2024. Following Donald Trump’s election as U.S. President in November, another 500,000 people entered the market, pushing the total beyond…

Bitcoin Spot ETFs See $197 Million Net Inflows As Q1 Closes – Details

By their lofty standards, the US Bitcoin spot ETFs produced a moderately positive performance last week, attracting about $200 million in netflows. This development comes amid an impressive market comeback over the past two weeks following the heavy withdrawals seen in early March. Bitcoin Spot ETFs: 10 Straight Days Of Positive Netflows According to data from ETF tracking site SoSoValue, the Bitcoin ETFs registered total net outflows of $93.47 million on Friday, moving its aggregate netflows for the past week to $196.7 million. Prior to Friday’s negative input, these funds…