Crypto Investment Products See $3.7 Billion Inflows
Crypto investment products have seen substantial inflows, reaching $3.7 billion last week amid a bitcoin rally, marking record AUM.
Source: theblock.co —
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Bhutan Transfers $62 Million in Bitcoin to Binance
Bhutan has transferred $62.6 million in bitcoin to Binance, signaling a trend of selling during price rallies.
Source: theblock.co —
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Bitcoin Surpasses Amazon, Fifth-Largest Asset
Bitcoin's price leap to $122,000 has positioned it as the world's fifth-largest asset by market cap, surpassing major companies like Amazon.
Source: theblock.co —
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Metaplanet Expands Bitcoin Holdings to 16,352 BTC
Metaplanet has expanded its Bitcoin holdings by purchasing 797 BTC, continuing its strategic accumulation amid rising prices.
Source: theblock.co —
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Miners Must Manage Expenses Ahead of Halvening
With the next bitcoin halvening looming, miners must adopt stricter expense management strategies to remain profitable.
Source: theblock.co —
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Czech Central Bank Invests $18 Million in Coinbase Stock
The Czech central bank diversifies its investments by purchasing $18.1 million worth of Coinbase shares, marking its first venture into cryptocurrency.
Source: theblock.co —
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SharpLink Gaming Acquires $49M in ETH
SharpLink Gaming has increased its ETH holdings by nearly $49 million, reaching approximately 270,000 ETH in total. This move underscores its commitment to supporting Ethereum's ecosystem.
Source: theblock.co —
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Future Crypto IPOs: What VCs Predict Next
The recent IPOs in the crypto space hint at a new era for public offerings, with several companies likely to follow suit soon.
Source: theblock.co —
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Bank of England Cautions Against Issuing Stablecoins
Bank of England Governor Andrew Bailey advises against banks issuing stablecoins, emphasizing the pursuit of tokenized deposits instead.
Source: theblock.co —
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DOJ Misquotes Tornado Cash Team in Guilt Allegation
The defense for Roman Storm argues that prosecutors misattributed a quote to imply guilt in the Tornado Cash case.
Source: theblock.co —
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Three Arrows Capital Liquidation Update
Three Arrows Capital's liquidators, led by Teneo, have gained control over key assets as part of the hedge fund's dissolution efforts.
Source: theblock.co —
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MoonPay Executives as Victims of $250K Scam
Executives at MoonPay may have been scammed for $250,000 by a fraudster impersonating a high-profile figure. This incident raises questions about cryptocurrency security.
Source: theblock.co —
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Kraken Airdrops PUMP Tokens to Affected Users
Kraken will airdrop PUMP tokens to users whose orders failed due to system constraints during the token sale.
Source: theblock.co —
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IRS Letters to Cryptocurrency Investors
The IRS has begun sending letters to over 10,000 cryptocurrency investors to ensure tax compliance and correct reporting.
Source: theblock.co —
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Bitcoin ETFs Reach $158 Billion Amid Growing Demand
Bitcoin ETFs have made history with over $158 billion in assets as institutional demand grows amidst market volatility.
Source: theblock.co —
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