Tag: Million

Bitcoin ETFs Surpass 1 Million BTC Holdings In Less Than A Year Since Launch

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Este artículo también está disponible en español. Bitcoin (BTC) exchange-traded funds (ETFs) have collectively acquired over one million BTC in less than a year since their launch, reflecting strong demand for the digital asset among investors. Bitcoin ETFs Surpass One Million BTC Milestone According to a chart shared by crypto analyst Ali Martinez on X, the cumulative BTC holdings in Bitcoin ETFs have exceeded one million BTC within this short period. Source: ali_charts on X To recall, after a lot of deliberation, the US Securities and Exchange Commission (SEC) approved…

Standard Chartered’s Crypto Custody Unit Seeks $50 Million

Standard Chartered’s Zodia Custody is raising $50 million to expand its crypto custody services amidst increasing competition from both traditional finance and crypto-native firms. Institutional Investors Drive Demand for Crypto Custody Standard Chartered’s crypto custody business, Zodia Custody, is reportedly in talks to raise $50 million to fund its expansion into new markets. CEO Julian […] Source CryptoX Portal

Michigan Pension Fund Invests $10 Million in Grayscale’s Ethereum ETFs

Reports indicate that the State of Michigan Retirement System recently invested over $10 million in ethereum exchange-traded funds (ETFs), specifically in Grayscale’s Ethereum Trust and its Ethereum Mini Trust. The Rise of Crypto in Retirement Portfolios In July, news surfaced that the State of Michigan Retirement System (SMRS) had also put funds into Ark Invest’s […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Shiba Inu’s Shibarium Sees Daily Transactions Surge To 4.68 Million, Will This Push SHIB’s Price Toward $0.00008?

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Este artículo también está disponible en español. Shiba Inu’s ecosystem has been expanding rapidly in the past year, thanks in part to Shibarium, its layer-2 platform. Interestingly, recent data shows Shibarium has seen an impressive uptick in activity, with daily transactions reaching 4.68 million in the past 24 hours.  At the time of writing, SHIB is trading at $0.00001677 and is back into the negative movement in both the seven-day and 30-day timeframes. However, the uptick in activity has given SHIB investors something to watch closely to see if this…

Bitcoin ETFs’ Hot 7-Day Streak Ends, Record $55 Million In Net Outflows

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Este artículo también está disponible en español. The spot Bitcoin ETFs (exchange-traded funds) in the United States have recorded their first net outflow day in the past seven days. This negative single-day performance ended what was another impressive weekly outing for the crypto investment products. Bitcoin ETFs Shine While Ethereum ETFs Continue To Struggle After a strong performance throughout the month of  October, the US-based spot Bitcoin ETFs didn’t register a perfect start to November. According to data from SoSoValue, the BTC exchange-traded funds posted a net outflow of $54.9…

Trump’s Crypto Token Offering: $300 Million Goal With Minimal US Participation

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Este artículo también está disponible en español. World Liberty Financial, a decentralized finance (DeFi) initiative endorsed by former President Donald Trump, has disclosed that its ambitious $300 million crypto token offering is largely aimed at international investors.  To date, fewer than 350 US investors have engaged with the project, raising questions about its domestic appeal amidst a landscape of regulatory scrutiny led by the US Securities and Exchange Commission (SEC). World Liberty Financial’s Offshore Focus Operating out of Wilmington, Delaware, yet managed from Puerto Rico, World Liberty recently filed a…

Crypto Exchange M2 Confirms $13.7 Million Breach, Says Issue Resolved Within 16 Minutes

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M2 Exchange recovered from a $13.7 million security breach within 16 minutes. A security firm said the incident highlights the growing vulnerability of crypto exchanges. Normal Service Restored The United Arab Emirates-based cryptocurrency exchange, M2 Exchange, said it swiftly resolved a security incident on Oct. 31 that involved $13.7 million. The exchange said customer funds […] Source

Bitcoin ETFs record total daily outflow of $54.94 million as BTC hovers at $69,000

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The U.S. Bitcoin spot exchange-traded funds have recorded a daily outflow of $54.94 million as of Nov. 1, and Ethereum follows suit with a $10.93 million outflow. The latest data from SoSoValue shows that the U.S. Bitcoin (BTC) spot ETFs exhibited a $54.94 million outflow on Nov. 1. The one-day net inflow of IBIT stood at $0. According to the data, the cumulative net inflow of IBIT stood at $26.14 billion. On the other hand, GBTC exhibited a $5.51 million outflow, which has brought its cumulative net inflow to -$20.16…

These 4 altcoins could turn $400 into a $1.4 million portfolio by 2025

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Small crypto investments could yield big returns by 2025, with coins like XYZVerse, an all-sport memecoin, showing high growth potential. The cryptocurrency market is presenting opportunities where small investments might yield substantial returns by 2025. With strategic choices, it’s possible to transform a modest amount into considerable wealth. Identifying altcoins with exceptional growth potential is key for those aiming to maximize their portfolios. Certain digital assets are attracting attention…

Bitcoin Price Correction Triggers $296 Million In Liquidations – Can BTC Still Hit ATH?

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Este artículo también está disponible en español. Bitcoin (BTC) has had a volatile 24 hours, hitting as low as $68,830 on the Binance crypto exchange before recovering some losses. Liquidation Data At A Glance Although BTC is trading close to its all-time high (ATH) value of $73,737, yesterday’s quick drop in price cast doubts on whether the top digital asset will be able to record a new ATH. Related Reading According to CoinGlass data from the crypto liquidations tracker, more than $296 million of active positions were liquidated in the…