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Crypto – Page 255 – DIGIT INFO

Surge in Digital Asset Investments Following SEC ETF Approvals, Coinshares Reports

Digital asset investment products have witnessed significant inflows totaling $2 billion, marking a strong five-week streak that accumulates to $4.3 billion. As reported by Coinshares, this surge aligns with increased trading volumes and shifting monetary policy expectations. Record-Breaking Week for Digital Assets as U.S. Ethereum ETF Approval Sparks $2 Billion Surge Digital asset investment products, … Read more

Mexican Billionaire Ricardo Salinas Doubles Down on Bitcoin, Advises Using It as Inflation Hedge

Ricardo Salinas, the third wealthiest man in Mexico, has recently doubled down on his proposal to use Bitcoin as a reserve asset. On social media, Salinas defended the role of Bitcoin as an inflation hedge, commenting on a post that presented inflation as a hidden tax on fiat money and advised his followers to purchase … Read more

Over 200 BTC From 2013 and 2012 Wallets Awaken, Now Valued at Over $14M

Over the past weekend, 211.51 dormant bitcoins valued at $14.79 million were reactivated after over a decade of inactivity. More than half of these funds originated from bitcoin wallets that had been inactive since 2012. Vintage Bitcoin Wallets Unleash 211.51 Bitcoin Since June 8, 2024, a series of four transactions brought 211.51 dormant bitcoins back … Read more

High-Risk Loan Volumes On Aave Reach Critical Levels Amid DeFi Lending Surge

According to intoTheBlock, high-risk loan volumes on the Aave protocol are approaching critical levels as DeFi loan volumes soar to multi-year highs. Investors are aggressively seeking to maximize profits ahead of a predicted crypto bull run, driving significant activity in the DeFi lending space. The latest data reveals that outstanding DeFi loans have surged to … Read more

Whale Activity Spurs Significant Movements In UNI, BLZ, PEPE, and TRB

Recent transactions by prominent crypto whales and fresh wallets have drawn attention to several tokens, including UNI, BLZ, PEPE, and TRB. This activity has led to notable price movements, especially for UNI and BLZ, which saw significant gains. One of the key transactions involved the address 0x3492, which withdrew 870,827 UNI, valued at approximately $8.5 … Read more

Privacy Coin XMR Rebounds After Mid-April Low Climbing 37% in 30 Days

The privacy coin monero (XMR) has experienced a 7.7% increase in the last 24 hours and a 16.5% rise over the past week. Monero Trading Volume Doubles in 24 Hours After a prolonged decline and hitting a significant low in mid-April, monero (XMR) has recovered in value. For instance, on April 13, XMR was trading … Read more

Bitfarms Adopts Defensive Measures Against Riot Platforms’ Takeover

Bitfarms Ltd. has adopted a shareholder rights plan to protect the integrity of its ongoing Strategic Alternatives Review Process. This plan was unanimously approved by the Board and involves issuing rights to shareholders to prevent unwanted takeovers. Riot Platforms Inc., which owns 11.62% of Bitfarms, made an unsolicited bid to acquire all shares and plans … Read more

Onchain Alerts Uncover $19 Million Siphoned From Defi Protocol Uwu Lend

On June 10, the onchain intelligence platform Arkham revealed that the decentralized finance (defi) protocol Uwu Lend may have experienced a potential exploit. Arkham and Cyvers reported that more than $19 million had been siphoned from the lending protocol. Over $19M Drained From Uwu Lend The defi lending platform Uwu Lend is believed to have … Read more

Double-Digit Gainers and Losers Define a Turbulent Week in Crypto

At press time on Monday, the global cryptocurrency market is valued at $2.53 trillion, reflecting a 0.89% decline over the last day. In the past week, six tokens have experienced double-digit gains, with the meme coin brett (BRETT) increasing by 65.8%. Meme Coin BRETT Leads Weekly Gains Amidst $2.53T Crypto Market Decline Over the past … Read more

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