Bitcoin is currently hovering just above $83,000, amidst a wave of liquidations worth about $2 billion. Heavy outflows from spot ETFs followed, with $903.1 million leaving Bitcoin funds and $261.6 million exiting Ethereum products. Summary Bitcoin’s realized losses have surged, mirroring the FTX collapse. Ethereum, Solana, and XRP face high selling volume. Institutional interest remains,…
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Strategy’s latest SEC filing reveals a $60.2 million purchase of 525 BTC, adding to a colossal hoard that now stands just shy of 639,000 BTC and cementing its unparalleled position in the market as the largest corporate holder of the original crypto. Summary Strategy bought 525 BTC for $60.2 million, lifting holdings to 638,985 BTC.…
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SUI’s price surged alongside $2.8 billion in daily volume, a sign that investors are responding to real developments, from Bitcoin-native lending protocols to the SEC’s ETF review window. On July 14, Sui sui0.93%Sui jumped more than 10% in 24 hours, rising from a daily low of $3.44 to as high as $3.99 before paring gains to trade…
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Tokyo-based Metaplanet Inc. is doubling down on its Bitcoin strategy, adding another major chunk to its fast-growing treasury. According to an official disclosure on June 26, Metaplanet has purchased an additional 1,234 BTC btc0.65%Bitcoin. The latest purchase was valued at approximately $133 million, pushing its total holdings to 12,345 BTC. The latest acquisition comes just one…
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Spot Bitcoin exchange-traded funds in the U.S. recorded their highest daily outflows yesterday as Bitcoin dropped below $90,000, triggering a risk-off sentiment among investors amid growing macroeconomic concerns. According to data from SoSoValue, the 12 spot Bitcoin btc0.23%Bitcoin ETFs saw a total of $937.78 million in net outflows on Feb. 25—their highest single-day outflow since launch—significantly surpassing the previous…
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Spot Bitcoin exchange-traded funds in the United States continued to see net outflows on Feb. 11, as BTC stayed below the $100K mark, briefly dipping under $95K. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $56.76 million in net outflows on Tuesday, extending their negative streak to two consecutive days with $186.28 million in…
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MicroStrategy, the business intelligence firm known for its aggressive Bitcoin investment strategy, acquired an additional 1,070 BTC last week for approximately $101 million. The company disclosed the purchase in an SEC filing on Jan.6, noting an average acquisition price of $94,004 per Bitcoin btc2.17%Bitcoin. This latest acquisition brings MicroStrategy’s total Bitcoin holdings to 447,470 BTC, purchased at an…
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Genius Group has added to its bitcoin holdings with a significant purchase announced on Dec. 30. The company disclosed it acquired additional Bitcoin btc-0.74%Bitcoin worth $10 million to bring its BTC treasury to 319.4 BTC, worth $30 million. Genius bought the Bitcoin at the average price of $93,919 per BTC. The publicly-traded company’s announcement came as MicroStrategy led the latest…
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BlackRock, the world’s leading asset management company, reportedly spent $1 billion on bitcoins just on the eve of the sharp decline of the BTC price. The latter was triggered by the Fed Chair’s announcement of the change of pace for rates cut. The announcement was accompanied by statements that dropped a shadow on the strategic…
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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-1.66%Bitcoin spot ETFs exhibited a $54.94 million outflow on Nov. 1. The one-day net inflow of IBIT stood at $0. According to…
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