U.S.-based spot bitcoin exchange-traded funds (ETFs) experienced a downturn on Thursday, with a hefty $242.30 million in outflows draining from the 12 funds. Among them, Blackrock felt the brunt of the day’s trading, losing the most. Market Jitters: $242M Drains From U.S. Bitcoin ETFs, Blackrock Feels the Heat Data harvested from Sosovalue reveals that the … Read more
Cango, the Chinese auto loan platform, has shaken up the Bitcoin mining market by investing 400 million dollars to acquire 50 EH/s of power. This move has positioned it among the global leaders in the sector. Let’s see all the details in this article. Cango and its transition to Bitcoin mining: a new era for … Read more
They cited MEV as a major concern and said if they couldn’t build on Solana, they would opt for either Base or Sui.
Fred Thiel, CEO of Marathon Digital Holdings, has shared an encouraging forecast for Bitcoin‘s future. He anticipates a significant price rally for Bitcoin (BTC) starting in early 2025, coinciding with the potential inauguration of Donald Trump as President. What are the Predictions for Bitcoin’s Price?How Would U.S. Reserves Affect Bitcoin? What are the Predictions for … Read more
PRESS RELEASE. The ongoing boom in the cryptocurrency market presents exciting opportunities for those looking to get involved with promising projects early on. One of the hottest topics at the moment is cloud mining and how it allows individuals to earn cryptocurrency. A standout project in this area is BitconeMine, known for its unique features … Read more
Cybersecurity outfit Kaspersky warns of new crypto scam making the rounds on YouTube. From protocols to project founders and individual retail investors, bad actors have spared no one in their pursuit to rip off crypto market participants. In the latest instance, these bad actors appear to be targeting even their fellow thieves. A Honey Trap … Read more
Dogecoin (DOGE) enthusiasts may be gearing up for what some analysts call a potentially explosive move in the meme coin’s price. According to a recent analysis shared by “Bitcoindata21” on X, DOGE’s weekly Relative Strength Index (RSI) has cooled off after reaching overbought levels. The analyst noted that this signaled the conclusion of “wave 2” … Read more
Bitcoin ($BTC) might be inching closer to the elusive six-figure mark, but BTC ETF inflows aren’t singing the same tune. BlackRock’s IBIT, the heavyweight among public Bitcoin ETFs, posted a staggering $332 million in outflows on Thursday, smashing its previous record of $188 million from December. With over $53 billion in net assets, IBIT’s outflows … Read more
Gigachad (GIGA), a meme coin on Murad’s watching list, has reached new milestones with its 12th consecutive monthly green candle. Since its launch, GIGA has consistently increased in value month after month, and the chart is pretty impressive. In December 2024, GIGA .cwp-coin-chart svg path { stroke: ; stroke-width: ; } Price Trading volume in … Read more
Significant shifts are underway in the cryptocurrency industry as big-time investors in Ethereum (ETH) and Ripple (XRP) pivot to an emerging prop firm coin, FXGuys ($FXG). Still in its ICO phase, $FXG has provoked comments from analysts and experts due to this strategic rotation, some of which include predictions of a potential 200% surge in … Read more