Browsing Category
Bitcoin
ETF Weekly Flows: $129 Million Outflow for Bitcoin and $281 Million Inflow for Ether
Bitcoin ETFs suffered a net outflow of $129 million for the week ending June 6, marking the second consecutive week of red flows. Meanwhile, ether ETFs extended their inflow streak to a fourth week, locking in a strong $281.07 million, the…
Avalon Labs Burns 80 Million AVL Tokens to Kick Off Deflationary Phase
Avalon Labs has permanently burned 80 million AVL tokens, accounting for 44% of the circulating supply. According to an X post, the tokens, worth approximately $16 million, were unclaimed from the platform’s March 2024 airdrop campaign,…
Circle’s Meteoric Rise Spurs CRCL ETFs From Proshares and Bitwise
Two new single-stock exchange-traded funds (ETFs) have filed to launch in order to capitalize on the explosive debut of Circle Internet Group (CRCL), which has surged 266% since its IPO last Thursday and now trades at $113 per share.…
Tether CEO Announces Plans to Open-Source Bitcoin Mining Operating System
Tether CEO Paolo Ardoino announced that the company will work towards open-sourcing its Bitcoin Mining Operating System (MOS), aiming to enable a new wave of bitcoin mining companies to enter the market and enhance network security. The MOS…
Bitcoin Crosses $108K as Tariff Fears Subside
The New York Fed’s Survey of Consumer Expectations for May showed that Americans are becoming less worried about tariff-induced price inflation. With Tariff Tensions Easing, Bitcoin Soars Past $108K Americans are getting less worried about…
DOGE Gets Distilled: Heritage Unleashes Dogecoin-Themed Bourbon
Hot on the heels of its limited-run, Bitcoin-themed Kentucky straight bourbon, Heritage Distilling Holding Company is back with a new pour—this time teaming up with the House of Doge to debut a dogecoin-infused bourbon experience. Heritage…
Visa, Fidelity, China AMC Pilot Chainlink-Powered CBDC-Stablecoin Swap
Chainlink’s blockchain protocol facilitated a simulated exchange between Hong Kong’s prototype central bank digital currency (CBDC) and an Australian dollar stablecoin in Phase 2 of the e-HKD+ Pilot Programme. Chainlink Enables Direct e-HKD…
XRP Price Watch: RSI Neutral, MACD Turns Bullish in a Tight Range Battle
XRP is trading between $2.246 to $2.26 over the last hour with a total market capitalization of $133 billion and a 24-hour trading volume of $2.34 billion. The intraday price range for June 9, 2025, has fluctuated between $2.23 and $2.29,…
Stablecoins Shatter $250B Barrier in Historic Crypto Milestone
The stablecoin sector has officially vaulted beyond the $250 billion milestone, according to data from defillama.com. Over the past week alone, an additional $2.51 billion has poured into the swelling ecosystem of fiat-pegged digital…
Strategy Buys 1,045 Bitcoin, Elevates Treasury to 582,000 BTC
Strategy is doubling down on bitcoin with a bold $110 million buy, pushing its holdings to a staggering 582,000 BTC and turbocharging its crypto dominance. Strategy Bolsters Bitcoin Reserve With 1,045 BTC, Total Hits 582,000 Coins Software…