Amber International has successfully raised $25.5 million in a private funding round. The capital injection is specifically targeted at enhancing the company’s Bitcoin-focused liquidity capabilities and improving its strategies for managing market volatility. A key objective of the funding is… Read More »Amber International Secures $25.5M to Strengthen Bitcoin Liquidity and Risk Management
US Ethereum spot exchange-traded funds (ETFs) registered a significant net inflow of $148.5 million in recent trading activity. BlackRock and Fidelity emerged as the primary drivers behind this substantial capital movement. BlackRock’s iShares Ethereum Trust (ETHA) secured net inflows totaling… Read More »US Ethereum Spot ETFs See $148.5 Million Net Inflow Led by BlackRock and Fidelity
SharpLink Gaming has significantly bolstered its Ethereum exposure by acquiring liquid staking tokens (lsETH) worth $2 million. This latest purchase increases the company’s total Ethereum holdings, measured as Ether staked equivalents, to over 165,000 ETH. The acquisition highlights SharpLink Gaming’s… Read More »SharpLink Gaming Expands Ethereum Holdings with $2M lsETH Purchase, Stock Surges 28%
A Bitcoin wallet containing 10,000 BTC, valued at approximately $1.09 billion, has been reactivated after lying dormant for 14 years. The wallet, originally funded in 2011 when the cryptocurrency’s price was significantly lower, contained Bitcoin worth roughly $7,793 at the… Read More »Dormant Bitcoin Wallet Holding $1.09 Billion Reactivated After 14 Years
Bitcoin’s recent resilience faces a critical test near its all-time high, as volatility pulls the price back to $109,250 after briefly touching $110,498. Market attention is intensely focused on the $108,000 price level, identified as crucial technical support. Market analysts… Read More »Bitcoin Battles $108K Support as $2.67B Long Positions Hang in Balance
A notable cryptocurrency trader known as qwatio has initiated a significant new short position on Bitcoin. Opening a bet against BTC worth approximately $2.3 million, equivalent to 21 Bitcoin, qwatio’s move signals renewed bearish sentiment despite substantial prior losses. This… Read More »Crypto Whale Returns With $2.3M BTC Short Position Following Ten Liquidations
Market data reveals a significant transfer of Bitcoin holdings over the past year, with Bitcoin whales divesting over 500,000 BTC. This substantial sell-off was countered and absorbed by institutional investors, who acquired nearly 900,000 BTC during the same period. The… Read More »Institutional Investors Absorb Whale Bitcoin Sales, Driving Price to $110,000
XRP recorded a commanding trading volume of $1.6 billion on South Korean exchange Upbit, capturing 13.1% of the platform’s total KRW trading activity. The performance highlights the digital asset’s robust liquidity and strong investor interest within South Korea’s cryptocurrency market.… Read More »XRP Leads Upbit Trading Volume with $1.6 Billion Dominating Korean Won Market
REX-Osprey has launched its Solana + Staking ETF (SSK), generating $33 million in trading volume during its debut. The fund provides investors with direct exposure to Solana (SOL) alongside monthly staking rewards, establishing a new milestone for cryptocurrency investment products.… Read More »REX-Osprey Launches Solana Staking ETF With $33M Trading Debut
Minnano Bank has partnered with digital asset security firm Fireblocks, blockchain platform Solana Japan, and technology provider TIS to explore the integration of stablecoin payments and Web3 wallet solutions for everyday retail banking. The collaboration aims to reduce the volatility… Read More »Minnano Bank Collaborates with Fireblocks, Solana Japan, TIS to Research Retail Stablecoin Payments
Ethereum’s technical charts show a golden cross formation, with the 50-day moving average crossing above the 200-day moving average, historically signaling potential for a sustained rally. While this pattern suggests bullish momentum, market analysts emphasize its track record isn’t infallible… Read More »Ethereum Golden Cross Hints at Bullish Momentum Amid Cautious Derivatives Sentiment
The REX-Osprey Solana (SOL) Spot Exchange-Traded Fund (ETF) recorded $11.4 million in net inflows and a trading volume of $34.9 million during its second trading session on July 4. This follows the fund’s debut on July 2, when it registered… Read More »REX-Osprey SOL Spot ETF Sees $11.4M Inflows, $34.9M Volume in Second Trading Session
Corporate treasuries are accelerating the adoption of Ethereum (ETH) as a strategic asset class, seeking diversification in the face of ongoing economic uncertainty. The cryptocurrency’s decentralized framework and proven utility within the burgeoning decentralized finance (DeFi) ecosystem are key drivers… Read More »Corporate Treasuries Increasingly Allocate to Ethereum for Diversification and Strategic Asset Growth
Minna Bank, Japan’s pioneering digital-only bank, is collaborating with enterprise crypto platform Fireblocks, Solana Japan, and Japanese IT giant TIS to explore the development of Solana-based stablecoins and digital wallets. The initiative aims to leverage blockchain technology for enhancing digital… Read More »Minna Bank Explores Solana-Based Stablecoins and Wallets with Blockchain Partners
Creditors involved in the FTX bankruptcy proceedings have issued a warning concerning potential asset forfeiture for investors residing in jurisdictions with stringent cryptocurrency regulations. Investors located in regions like China, known for prohibitive policies against cryptocurrencies, risk losing their crypto-asset… Read More »FTX Creditors Warn Investors in Strict Crypto Jurisdictions Risk Asset Forfeiture
Minna Bank, Japan’s pioneering digital-only bank, is spearheading a study exploring the use of stablecoins to modernize domestic payments and international transactions. The bank is collaborating with cybersecurity firm Fireblocks, Solana Japan, and financial IT solutions provider TIS. This joint… Read More »Minna Bank Leads Study on Stablecoins for Japan’s Payment Modernization
A cryptocurrency wallet associated with Matrixport facilitated significant Ethereum movements, withdrawing approximately 50,700 ETH over a two-day period. At the time, these assets held a collective value estimated at $130 million. This substantial transaction draws attention to the active movement… Read More »Matrixport-Linked Wallet Moves $130 Million in ETH Over Two Days
BlackRock’s iShares Bitcoin Trust (IBIT) has ascended to become one of the highest-grossing exchange-traded funds (ETFs), capturing the third position in ETF revenue generation within just 1.5 years of launch. This rapid ascent underscores unprecedented institutional demand for Bitcoin exposure… Read More »BlackRock’s IBIT ETF Surges Among Top Revenue Generators Amid Institutional Bitcoin Boom
Binance Alpha recorded $460 million in daily trading volume, reflecting a significant uptick from previously reported figures. Key tokens drove this growth amid heightened platform activity. The BR token dominated trading, accounting for $297 million of total volume. Following BR,… Read More »Binance Alpha Trading Volume Surges to $460 Million as BR Token Leads Activity
Binance has rolled out a new institutional lending service offering leverage of up to four times. The product specifically targets institutional traders holding VIP 5 status on the exchange, requiring significant trading volume. Key features include collateral aggregation, designed to… Read More »Binance Launches Institutional Lending with Up to 4x Leverage