This past week, digital asset investment products experienced a marked slowdown in outflows, totaling US$187 million, amidst heavy price pressure and market volatility. While assets under management fell to US$129.8 billion, the lowest since March […]
The resolution of the Bithumb miscredit incident involved recovering 99.7% of the 620,000 BTC initially miscredited, with the remaining 1,788 BTC covered using company reserves to ensure full restitution. This swift resolution is indicative of […]
Digital asset investment products saw a net outflow of $187 million last week, with Bitcoin leading with a significant withdrawal of $264 million. In contrast, assets such as XRP, Solana, and Ethereum experienced inflows amounting […]
Citi, a banking giant with $1.75 trillion in assets, has reiterated its buy rating for the Bitcoin-focused treasury company Strategy, setting a price target of $325. This move underscores the growing institutional acceptance of Bitcoin-related […]
Spot Bitcoin ETFs experienced significant outflows last week with $318 million sold, adding to a total of $3.1 billion in outflows so far this year. This trend is part of a broader strategy by investors […]
Binance has recently purchased $299 million worth of Bitcoin to bolster their reserve, reflecting their strategic approach amid market fluctuations. This move aligns with a broader trend among major exchanges to hold Bitcoin as a […]
Whales have been accumulating massive amounts of Bitcoin during the recent market downturn, highlighted by a significant transaction on February 6th, when 66.94k Bitcoin flowed into accumulator addresses. This substantial inflow aligns with the common […]
From February 2 to 6, Bitcoin, Ethereum, and Solana spot ETFs experienced significant net outflows totaling $318 million, $166 million, and $8.92 million respectively, indicating a pullback for these major cryptocurrencies. In contrast, XRP spot […]
South Korea’s regulators are set to investigate market manipulation in the cryptocurrency sector following an incident involving Bithumb, where an accidental 620,000 BTC transfer temporarily dropped Bitcoin’s price to $55,000 on the platform. This investigation, […]
Tether, the crypto firm known for its USDT stablecoin, has amassed a gold reserve totaling $23 billion, positioning it among the top 30 global gold holders and surpassing several nations, according to a report by […]