Bitcoin ETFs See Massive $1.2B Outflow Amid Market Shift
Spot Bitcoin ETFs saw over $1.2 billion in outflows last week, the third-largest on record, yet prices rebounded, suggesting profit-taking over panic.
#Bitcoin ETF#Cryptocurrency#Ethereum
#Institutional Investment
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Michael Saylor Projects Bitcoin Could Hit $150,000 This Year
Strategy CEO Michael Saylor has projected a Bitcoin price of $150,000 by year-end, citing forthcoming institutional adoption as a key driver for growth.
#Bitcoin#Michael Saylor#Cryptocurrency
Ripple Targets Wall Street as Kiyosaki Urges Main Street
Ripple launches a prime brokerage for institutional clients after acquiring Hidden Road, as 'Rich Dad Poor Dad' author Robert Kiyosaki urges individuals to buy Bitcoin and Ethereum.
#Ripple#Robert Kiyosaki#Bitcoin
First US Spot XRP ETF Surpasses $100 Million in Assets
The first U.S.-listed spot XRP exchange-traded fund (ETF) has crossed $100 million in assets under management just one month after its launch.
#XRP#ETF#Cryptocurrency
Dogecoin Gains as Institutional Crypto Adoption Accelerates
Dogecoin has rallied 2.4% with a 68% surge in trading volume, hinting at institutional interest as giants like JPMorgan move to accept crypto as collateral.
#Dogecoin#Cryptocurrency#JPMorgan
Ripple-Backed Evernorth to Go Public in $1B+ SPAC Deal
Ripple-backed Evernorth is set to go public on Nasdaq via a SPAC merger, aiming to raise over $1 billion to acquire XRP for institutional use, bolstered by a $200M investment from SBI Holdings.
#XRP#Ripple#SPAC
Billionaire Hedge Funds Increase Stakes in Bitcoin ETF
Regulatory filings from the second quarter show that billionaire-led hedge funds, including Millennium Management, have made significant investments in the iShares Bitcoin Trust (IBIT).
#Bitcoin#Hedge Funds#iShares Bitcoin Trust
Huobi Founder Leads $1 Billion Ethereum Investment Trust
Huobi founder Li Lin and prominent Asian investors have raised $1 billion to launch an Ethereum-focused trust, aiming to meet rising institutional demand.
#Ethereum#Li Lin#Huobi
Corporate Bitcoin Holdings Surge to $117 Billion
Publicly traded companies now hold over 1.02 million Bitcoin, with the total value of these reserves surging to approximately $117 billion.
#Bitcoin#Corporate Finance#Cryptocurrency
Crypto Market Recovers After $7 Billion Liquidation Event
The cryptocurrency market is recovering after a flash crash triggered nearly $7 billion in liquidations. Despite the volatility, firms like Citi and Strategy continue to advance their digital asset pl
#Cryptocurrency#Bitcoin#Ethereum
Corporate Treasuries Add Billions in Ethereum Amid Market Uncertainty
BitMine has added $104 million in Ethereum to its treasury, part of a wider institutional trend, as the market faces pressure from a $10B validator exit queue.
#Ethereum#Cryptocurrency#BitMine
Bitcoin ETFs Rebound With $241M Inflows as Ethereum Funds See Continued Withdrawals
Bitcoin ETFs saw a strong rebound with $241 million in net inflows on September 24, reversing two days of losses. Ethereum ETFs continued to bleed funds.
#Bitcoin ETF#Ethereum ETF#Cryptocurrency