As one of the largest Bitcoin ATM operators in North America, Bitcoin Depot has added 51 BTC to its treasury holdings, bringing its total to 71.5 BTC. $5 Million Purchase Reinforces Bitcoin Depot’s Belief in Bitcoin Long Term Potential Bitcoin Depot has strengthened its bitcoin treasury strategy with a $5 million BTC purchase, reflecting its […] Original
The company’s bitcoin holdings have exceeded its market cap following the purchase of an additional $2 million worth of bitcoin. Genius Group Hits 38% of Intended Target for Bitcoin Holdings With Recent Acquisition Genius Group Limited has announced the increase of its bitcoin holdings to 440 BTC, investing a total of $42 million at an […] Original
The ETF trading week began with a slight shift in investor sentiment, as capital moved away from bitcoin ETFs and favored ether ETFs. Bitcoin ETFs Lose $235 Million While Ether ETFs Attract $83.5 Million On Monday, Feb. 3, the U.S. spot exchange-traded fund (ETF) trading action saw investors leaning more toward ether ETFs than bitcoin […] Original
Inflows into digital asset investment products crossed $500 million, despite the larger macroeconomic events that moved the market. Green Week for Digital Assets Despite Trade Tariffs and Deepseek Volatility Digital asset investment products recorded $527 million in inflows last week, despite investor uncertainty driven by macroeconomic factors such as U.S. trade tariffs and China’s Deepseek […] Source CryptoX Portal
Thorchain has endorsed a strategy to transform $200 million in debt into equity by issuing a new token, Thorchain Yield (TCY), in a bid to fortify its financial footing. Thorchain Converts $200 Million Debt to Equity in Restructuring Effort On Jan. 23, Thorchain suspended redemptions for its Lending and Savers programs after amassing considerable liabilities. […] Source CryptoX Portal
Contrasting ETF fortunes, bitcoin ETFs experienced a weekly inflow of $560 million, while ether ETFs saw outflows of $45 million. Growing Investor Preference for Bitcoin ETFs Reflected in Reduced Capital Inflows for Ether ETFs Bitcoin and ether exchange-traded funds (ETFs) experienced mixed fortunes in the last trading week of Jan. 2025. According to Sosovalue‘s weekly […] Original
On Sunday, Feb. 2, 2025, the price of bitcoin fell below the $100,000 mark, reaching an intraday low of $98,141. Selling Pressure Sends Bitcoin Below $100K It is not an ideal day for the world’s leading crypto asset, which has declined about 3% against the U.S. dollar over the past day. The 24-hour intraday high […] Original
Data gathered from the first month of 2025 reveals that bitcoin mining revenue reached $1.4 billion for January, trailing last month’s figures by about $40 million. First Month of 2025—Bitcoin Mining Revenue Mirrors December’s Figures Statistics reveal that bitcoin miners secured about $40 million less than in December, marking the second most profitable month in […] Original
Cipher Mining Inc. announced a $50 million private investment in public equity (PIPE) from Softbank Group Corp., positioning the technology-focused investor as a key stakeholder in the company. Softbank Becomes Key Investor in Cipher Mining Cipher Mining’s (Nasdaq: CIFR) transaction involves Softbank purchasing approximately 10.4 million shares of Cipher’s common stock, with the funds directed […] Original
The positive momentum on bitcoin ETFs continued with another day of net inflows worth $588 million, while ether ETFs bounced back with a net inflow of $67.77 million. Bitcoin and Ether ETFs Record Significant Inflows As Market Confidence Strengthens U.S. spot bitcoin exchange-traded funds (ETFs) recorded a significant net inflow of $588.22 million on Thursday, […] Original