Bitcoin Treasury Expands by 376 BTC After $8.8M Investment
@CapitalB plans to acquire 376 BTC for its treasury following an €8.8 million investment from Adam Back, issuing 13,181,030 shares at €0.58 each. #Update #Crypto $BTC
Markets
Deals with articles on the cryptocurrency markets, crypto investment strategies, market analyses, and trading insights.
Bitcoin ETF Outflows Surge as XRP Gains
Bitcoin holds above $76,000 despite a 2.2% hourly dip, maintaining a 17.8% daily gain; key support at $75,000 and resistance at $78,000. #Update #Crypto $BTC
Bitcoin Rally Unveils 60000 BTC Whale Surge
Wallets with 100+ BTC added 60,000 BTC in August, while mid-size wallets sold 33,000 BTC as whale buying surged post-$62K breakout. #Update #Crypto $BTC
SEC Urged to Avoid Novel ETF Restrictions
@Grayscale, @a16z, and the Crypto Council for Innovation urged the SEC to avoid blanket restrictions on novel ETFs, advocating for individual evaluations based on risk parameters. #Update #Crypto
Ethereum ETFs Surge with September Inflows
U.S. spot Ethereum ETFs saw net positive inflows as September began, indicating ongoing institutional interest in $ETH despite August’s volatility. #Update #Crypto $ETH
Solana ETFs Surge with $925K Daily Inflows
U.S. spot Solana ETFs recorded $925,000 in net daily inflows as September trading opened, signaling ongoing institutional interest in $SOL despite modest size compared to Bitcoin and Ethereum ETFs. #Update #Crypto $SOL
Bitcoin ETFs Surge with $142M Inflows
U.S. spot Bitcoin ETFs saw $142M net inflows as September trading began, signaling renewed regulated demand for $BTC after a prior outflow. #Update #Crypto $BTC
Polymarket Funding Surges $21B Trump Jr. Boost
@Polymarket raises $300M from Trump Jr.’s 1789 Capital, valuing it at $21B. Rival @Kalshi valued at $22B after $1B raise in May. #Update #Crypto
Stablecoin Venture Launches with Global Bank Alliance
@Citi, @GoldmanSachs, and other global banks are launching a stablecoin venture focusing on a U.S. dollar stablecoin for payments and digital asset settlement, with plans for a euro token expansion. #Update #Crypto $USDC
Bitcoin Rally Boosts Binance $15.7B Inflows
Binance secured $15.7B in August inflows as $BTC surged past $80K, capturing over 75% of exchange flows but faced EU compliance risks without a MiCA license. #Update #Crypto $BTC
Bitcoin ETF Outflows Surge to $201M
US spot Bitcoin ETFs recorded $201.9 million in net outflows on August 28, ending a nine-day inflow streak and signaling a pause in ETF demand. #Update #Crypto $BTC
XRP ETFs Inflows Surge to $1.6B
Spot XRP ETFs saw $26.2M inflows on Aug. 28, despite a 2.7% price drop, totaling $1.6B since launch, with Goldman Sachs leading holders. #Update #Crypto $XRP
Bitcoin Purchases Surge with $370 Million Investment
@MicroStrategy resumes Bitcoin purchases, acquiring 4,603 BTC at an average price of $80,318 for a total of $370 million. This marks its first buy since June 22. #Update #Crypto $BTC
Crypto Excluded from Ireland’s New Investment Accounts
Ireland’s Department of Finance plans new tax-advantaged investment accounts for stocks and bonds, excluding crypto and derivatives due to their complexity and risk. Launch expected next year. #Update #Crypto $BTC $ETH