According to the latest data, U.S. spot bitcoin exchange-traded funds (ETFs) have trimmed their holdings by 4.76% since Feb. 6, 2025. From Jan. 1 to Feb. 6, these funds added roughly 56,802.86 BTC to their balance sheets, but the past 35 days have seen a 55,348.00 BTC pullback. Spot Bitcoin ETFs Add Dramatic Twist: 2025’s […]
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40x Leverage, Millions on the Line—Meet the Trader Betting Big Against BTC
This weekend, a trader on Hyperliquid, a decentralized derivatives exchange, has been making waves with an eye-catching bitcoin short position. Using 40x leverage, the trader’s bet carries a notional value of approximately $379 million—enough to turn plenty of heads in the crypto world. Trader ‘Tether FUD’ Makes Waves With Bold Bitcoin Short Play At 1 […]
Read MorePrediction Markets Show Poilievre and Carney Locked in a Nail-Biting Battle for Canada’s Leadership
This past week, Mark Carney officially stepped into his role as Canada’s 24th prime minister during a ceremony at Rideau Hall in Ottawa, officiated by Governor General Mary Simon. At the time, a Polymarket bet revealed Carney had initially jumped ahead of Pierre Poilievre, head of the Conservative Party of Canada. Though Poilievre has since […]
Read MoreXRP Price Watch: Market Trends Suggest Potential for Volatility Ahead
As of March 16, 2025, XRP is trading at $2.28, reflecting a market capitalization of $132 billion. Over the past 24 hours, XRP’s trading volume reached $2.76 billion, with intraday prices fluctuating between $2.28 and $2.43. Currently, XRP is down 32.8% from its all-time high of $3.40. XRP On the 1-hour chart, XRP exhibits a […]
Read More72% of Cryptos in the Red as Bitcoin and Ether Struggle
On Sunday, the global cryptocurrency market experienced a 2.02% decline, settling at $2.69 trillion as bitcoin, ether, and several leading digital assets posted losses. Bitcoin dipped below the $83,000 threshold, reaching an intraday low of $82,397 per coin. Crypto Market Sees $47B in Trading, Down 34% From Previous Day Over the past 24 hours, global […]
Read MoreIs Kim Jong Stacking Sats? North Korea’s Bitcoin Haul Outranks El Salvador, Bhutan as US SBR Takes Shape
As the U.S. gears up to launch a Strategic Bitcoin Reserve (SBR), spurred by President Trump’s Executive Order, North Korea has slyly vaulted into the top three global holders of bitcoin. This shift comes amid suspicions that a hacking syndicate—suspected to be orchestrated by the North Korean government—has been funneling illicit gains into BTC, turning […]
Read MoreTrump’s Tariff-Free Trade, XRP Lawsuit Wrapping Up, and More — Week in Review
Trump proposes tariff-free trade for Canada, SEC vs Ripple: XRP lawsuit wrapping, Arthur Hayes predicts Bitcoin bottom at $70K, and more in this Week in Review. Week in Review Bitcoin slipped below $80K as President Trump proposed tariff-free trade for Canada in exchange for statehood, following a 50% tariff on Canadian steel and aluminum. Ripple’s […]
Read MoreZKsync Sunsets Ignite, Its Liquidity Rewards Program, Amid Market Challenges
The ZKsync Ignite program will be discontinued after its first season, with the DeFi Steering Committee (DSC) announcing that rewards will cease on March 17, 2025. The decision is driven by a strategic shift towards focusing resources on the Elastic Network, which is seen as essential for the long-term vision of ZKsync. The DSC noted […]
Read MoreHive Digital Doubles Down on Paraguay Bitcoin Mining Expansion
“Hive Digital Chairman Frank Holmes stated that the company expects to expand its capacity by over 400% with its initiatives in Paraguay, a country that offers ample hydroelectric energy for the company’s operations. Hive Digital Hypes 400% Expansion in Paraguay Hive Digital, one of the largest public bitcoin miners in the world, has announced big […]
Read MoreTelegram Founder Pavel Durov’s Passport Returned by French Authorities
The TON Foundation has announced the return of Pavel Durov‘s passport by French authorities, allowing him the freedom to leave the country at his discretion. This development is viewed by the foundation as a significant resolution for Durov, the founder of Telegram, which boasts nearly a billion users globally. The foundation expressed its ongoing commitment […]
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