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According to CoinShares, digital asset investment products saw a notable $436 million in inflows last week, with Bitcoin dominating the field, attracting the entire $436 million. On the other hand, Ethereum experienced $19 million in outflows, highlighting growing bearish sentiment around the asset. Blockchain stocks also showed strength, receiving $105 million in inflows. According to … Read more
In the past 24 hours, over $270 million worth of BNB has been deposited onto Binance, signaling strong activity and interest in the token. This significant influx comes as BNB enthusiasts recall its impressive performance during previous market cycles. Approximately 280 days after the last Bitcoin halving, BNB saw a remarkable 7.5x increase from its … Read more
Despite being just a week old, $CATE has already captured the attention of Key Opinion Leaders (KOLs) and savvy decentralized exchange (DEX) traders. Though it’s currently down 50% from its all-time high, the token continues to see substantial accumulation from top holders, signaling strong investor confidence. In the last 24 hours, Smart Money buy volume … Read more
Cathedra Bitcoin Inc. has announced a significant shift in its corporate strategy, moving away from bitcoin mining to focus on growing its bitcoin holdings. The company aims to increase its shareholders’ bitcoin per share through a strategy similar to that of Microstrategy, which has gained recognition for its bitcoin acquisition policy. Cathedra Bitcoin Ditches Mining … Read more
On Monday, U.S.-based Microstrategy, the publicly traded business intelligence (BI) company, unveiled plans for a private offering of $700 million in convertible senior notes. The BI firm plans to raise capital to pay off existing debt and purchase more bitcoin. Microstrategy Reveals Another Private Offering According to Microstrategy’s (Nasdaq: MSTR) announcement, the notes, set to … Read more
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Brazilian police dismantle $9.7 billion crypto laundering rings, Brazil uses an artificial intelligence (AI) tool to detect tax fraud linked to cryptocurrency, and Latam’s neobank Nubank halts trading of its coin. Operation Niflheim: … Read more
Peter Schiff, Chief Economist and Global Strategist at Europac, has criticized the lack of coverage that major economic media outlets have given to the recent surge in gold prices to record highs. However, Schiff characterized this lackluster coverage and the absence of experts addressing this subject as “bullish.” Economist Peter Schiff Blasts Economic News Sites … Read more
According to the latest figures, 32 dormant bitcoin transactions have surfaced during the first two weeks of September 2024, with a hefty 2,253.54 BTC spent so far. When it comes to the biggest spenders, btcparser.com shows wallets dating back to 2016 took the lead, moving a total of 1,549.51 BTC through nine separate transactions. 32 … Read more
Over the past seven days, $MOG has seen a remarkable 30% increase in value, with both whales and Smart Money (SM) continuing to accumulate the token in recent days. In just the last three days, whales have acquired an additional 418.7 billion $MOG tokens, amounting to approximately $310.6K. Meanwhile, Smart Money investors have added 213.8 … Read more
$NEIRO continues to make waves in the crypto market, with its latest milestone being a listing on KuCoin. As of today, @kucoincom has officially launched $NEIRO on its platform, including a Perpetual Contract for $NEIRO USDT-M, offering up to 50x leverage. This new listing is a significant step forward, adding even more liquidity and trading … Read more