Markets2m read
Bitcoin Whales Buy $16.7 Billion Amidst Record $4 Billion ETF Outflows in June
Bitcoin whales accumulated $16.7 billion in BTC over two weeks, even as U.S. spot ETFs saw record $4 billion outflows in June.
◆ #institutional
Markets2m read
Crédit Agricole's CACEIS Launches EURXT Euro Stablecoin on Ethereum
Crédit Agricole's institutional banking arm, CACEIS, has launched EURXT, a euro-pegged stablecoin on Ethereum, with an initial issuance of 20.02 million tokens.
Markets2m read
US Spot Bitcoin ETFs Record Worst Month Ever with $4.5 Billion Outflow in June
US spot Bitcoin ETFs recorded their worst month ever in June, shedding a staggering $4.5 billion and surpassing previous records by 29%.
Bitcoin3m read
Strive Expands Bitcoin Holdings to Over 19,100 BTC with Latest $4.7 Million Purchase
Bitcoin treasury company Strive has increased its total holdings to 19,105 BTC after a recent acquisition of 73 coins for $4.7 million.
Markets2m read
Ark Invest Makes Significant $500 Million Investment in SpaceX, Reinforcing Bullish Bitcoin Stance
Ark Invest has poured over $500 million into SpaceX shares, reportedly funding the move by divesting other assets while maintaining a strong bullish outlook on Bitcoin.
Bitcoin3m read
BitGo Unveils Lightning Earn, Allowing Institutions to Generate Yield on Bitcoin
BitGo has launched Lightning Earn, a new offering enabling institutional clients and corporate treasuries to put their Bitcoin to work on the Lightning Network, earning routing fees.
Markets3m read
CME Launches Bitcoin Volatility Futures, Attracting Institutional Traders
The Chicago Mercantile Exchange has introduced new futures contracts allowing traders to bet on Bitcoin's price volatility, marking a significant step for institutional crypto engagement.
Ethereum3m read
Bitmine Significantly Boosts Ethereum Treasury, Nearing 5% Supply Target
Bitmine has substantially increased its Ethereum holdings to 5.54 million ETH, with 4.7 million staked, moving closer to its ambitious 5% supply target.
DeFi2m read
Visa Explores Private Stablecoin Settlement for Institutions with Brale on Canton Network
Visa is piloting private stablecoin settlements with Brale and Canton, aiming to enable institutions to leverage blockchain technology without exposing sensitive transaction data.
Markets3m read
Bitcoin ETFs Face $4.4 Billion Outflow Streak as Price Dips
US-listed spot Bitcoin ETFs have experienced a significant $4.4 billion in outflows over 13 consecutive trading days, coinciding with a 21% drop in Bitcoin's price since May 15.
Markets1m read
Kaiko Acquires Amberdata to Bolster Institutional Crypto Data Offerings
Crypto market data provider Kaiko has acquired Amberdata to enhance its institutional platform with derivatives analytics, on-chain tools, and AI research.
Bitcoin1m read
US Spot Bitcoin ETFs Experience Record Outflows Amidst Broader Market Rally
US spot Bitcoin ETFs recorded a historic $2.97 billion outflow over 10 trading days, marking their longest withdrawal streak amidst a surging AI-driven stock market.