Tag: Million

Whales Bought 420 Million Cardano After Trump’s U.S. Strategic Crypto Reserve Announcement – Insights

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Este artículo también está disponible en español. Cardano has seen massive volatility since last weekend after an explosive 80% price surge, fueled by President Trump’s announcement that ADA will be part of the U.S. Strategic Crypto Reserve. The news triggered a wave of buying activity, sending Cardano soaring as investors reacted to the unexpected endorsement. Related Reading However, the excitement was short-lived as ADA dropped over 35% in the following days, dragged down by a broader market meltdown. The sharp correction left traders questioning whether Cardano could sustain its momentum…

Ether ETFs Break 8-Day Outflow Trend With $15 Million Inflow as Withdrawals Continue for Bitcoin ETFs

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Bitcoin ETFs experienced net outflows of $143 million, with major funds like Fidelity’s FBTC and Ark 21Shares’ ARKB leading the declines. In contrast, Ether ETFs ended an eight-day outflow streak, attracting $15 million in net inflows, primarily driven by Fidelity’s FETH. Bitcoin ETFs See Another Day of Withdrawals With Positive Rebound for Ether ETFs On […] Original

Bitcoin ETFs Face $74 Million Outflow as Ether Funds Mark Eighth Consecutive Day of Withdrawals

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The week began with bitcoin ETFs experiencing a net outflow of $74 million, while ether ETFs marked their eighth consecutive day of withdrawals, totaling $12 million. Bitcoin and Ether ETFs Continue to See Capital Outflows The crypto exchange-traded funds (ETFs) market commenced the week with continued outflows, as bitcoin ETFs experienced net outflows totaling $74.19 […] Original

Twelve-Year-Old Bitcoin Wallets From 2011 Spark a $23 Million Wake-up on Monday

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On March 3, 2025, while bitcoin (BTC) traded between $92,809 to $93,206 per coin, six distinct addresses initially generated in 2011 transferred about 250 BTC—valued at roughly $23 million—for the first time in 12 years. Old-School BTC Holders Resurface, Move 350 Coins to New Addresses and Exchanges Around 250 BTC departed six legacy P2PKH (Pay-to-Pubkey-Hash) […] Original

Bitcoin ETFs Extend Outflow Streak to 8 Days With Another $276 Million Withdrawn

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Bitcoin ETFs outflows extended to eight days with another outflow of $276 million, while ether ETFs saw $71 million in outflows. Sustained Withdrawals See More Losses for Bitcoin and Ether ETFs Crypto exchange-traded funds (ETFs) continue to face significant challenges as both bitcoin and ether ETFs experience persistent outflows. Bitcoin ETFs have now endured an […] Original

Metaplanet Issues $13.6 Million in Zero Percent Bonds to Buy More Bitcoin

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Tokyo-based Metaplanet Inc. has announced the issuance of its 7th series of ordinary bonds to raise $13.6 million (2 billion yen) to fund additional bitcoin purchases. The move, approved on Wednesday, Feb. 27, aligns with the company’s growing bitcoin treasury strategy. This follows Metaplanet’s recent $12.9 million purchase, expanding its holdings to 2,235 BTC. The […] Original

Bitcoin ETFs Mark Seven Day Outflow Streak With $755 Million in Outflows

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The crypto market continues to face significant challenges with bitcoin ETFs experiencing a seventh consecutive day of outflows, totaling $755 million on Wednesday, Feb. 26. Ether ETFs also saw their fifth straight day of outflows, amounting to $94 million. Sustained Outflows As Bitcoin and Ether ETFs Face Continued Investor Pullback Investor sentiment remained bearish as […] Original

Bitcoin ETFs See $516 Million Outflow Amid Continued Investor Retreat

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The crypto market faced notable withdrawals on Feb. 24, with bitcoin ETFs experiencing a net outflow of $516 million and ether ETFs shedding $78 million. Major funds, including Fidelity’s FBTC and Blackrock’s IBIT, led the downturn, reflecting a negative sentiment among investors. Crypto ETFs Face Significant Withdrawals as Bitcoin and Ethereum Funds Decline Investor sentiment […] Original