Crypto ETPs see $3.3B weekly inflows, top $10.8B year-to-date

Cryptocurrency investment products saw a sharp increase in inflows last week, driving the year-to-date total above $10 billion, according to data from European crypto investment manager CoinShares. Global crypto exchange-traded products (ETPs) recorded $3.3 billion of inflows during the week ending May 24, bringing total inflows year-to-date to a new record of $10.8 billion, CoinShares … Read more

Filecoin Now Supports Direct Storage From EVM Smart Contracts

EVM smart contracts can now trigger Filecoin storage deals directly, using Axelar cross-chain messaging without leaving their native chains. The integration allows Ethereum, Polygon, and Avalanche apps to access decentralized storage in a seamless, contract-native way. Through Axelar integration, smart contracts that live on various EVM chains, such as Ethereum, Avalanche, or Polygon, can now … Read more

Why Are There Still People Who Don’t Believe in Bitcoin Despite Its Growth?

While Bitcoin was once seen as a mysterious technology preferred only by those looking to purchase illegal goods on the dark web, today it has entered the radar of many institutional investors, from Wall Street giants to the US government. Despite all these developments, skepticism towards BTC has not completely disappeared. Heavyweights of traditional finance … Read more

Cryptographer Adam Back Leads Investment Round in H100 Group to Advance Bitcoin Reserve Strategy

Adam Back, known for his interactions with Satoshi, has led a funding round in H100 Group, the first public company in Sweden to announce a bitcoin purchase strategy. Back invested nearly $1.5 million in a $2.2 million funding round to help the company advance its Bitcoin roadmap. Adam Back Leads H100 Group’s $2.2 Million Funding … Read more

Binance Launches Trading Bot Services for KMNO/USDC and NEIRO/USDC on May 27, 2025

On May 26, COINOTAG News reported that Binance is set to launch its trading bot services effective May 27, 2025, at 16:00 (UTC+8). This initiative aims to enhance user experience by introducing automated trading strategies, including Spot Grid and Spot DCA (Dollar-Cost Averaging). The newly available trading pairs will include KMNO/USDC and NEIRO/USDC, providing investors … Read more

New Initiative: Pakistan Allocates 2,000 MW for Bitcoin Mining and AI

Pakistan announced on May 25 a national initiative to allocate 2,000 megawatts (MW) in its initial phase to power bitcoin mining and artificial intelligence (AI) data centers. This strategic move by the finance ministry aims to leverage the nation’s excess generation capacity, a persistent challenge in its energy sector. The country’s energy landscape has been … Read more

Short-Term Holders’ Unrealized Profit Set to Hit 40% by June 11th

According to recent insights from COINOTAG, **CryptoQuant** analyst **Axel Adler Jr.** revealed that the **Unrealized Profit/Loss (UPPL)** of short-term Bitcoin holders, those with positions held for 1-3 months, currently stands at **27%**. Historically, when this metric surpasses **40%**, we often observe significant sell-offs from these holders, contributing to downward price momentum. This trend is noteworthy, … Read more