Crypto investment products reversed their recent outflow trends last week, with Bitcoin, Ether and Solana exchange-traded products (ETPs) recording significant inflows. Global crypto ETPs saw $3.3 billion in inflows last week, lifting overall assets under management (AUM) to $239 million, which nears the record high seen in August. Last month, crypto ETPs saw an all-time
Key Takeaways RocoMamas, a major South African fast food chain, now accepts Bitcoin Lightning payments at over 100 locations. The adoption of the Lightning Network allows for faster, cheaper Bitcoin transactions at the point of sale. South African fast food chain RocoMamas now accepts Bitcoin Lightning payments at over 100 locations across the country. The
Key Takeaways Elon Musk purchased more than 2.5 million shares of Tesla, as revealed by a regulatory filing. Specifics about the timing and price of the stock acquisition were not disclosed in the initial filing. Elon Musk purchased more than 2.5 million Tesla shares, according to a regulatory filing today. The Tesla chief executive officer’s
If you’re wondering why bitcoin’s (BTC) price is slipping for the past two hours, the possible culprit is pre-market trading on Wall Street, where shares of Nvidia (NVDA) have dropped nearly 3%. The losses follow an announcement by China’s market regulator that Nvidia allegedly violated the country’s anti-monopoly laws during its acquisition of Israeli networking
Strategy (MSTR) said Monday it purchased another 525 BTC for $60.2 million, bringing the company’s total holdings to 638,985 BTC, according to an SEC filing. The latest acquisition was made at an average price of $114,562 per bitcoin, raising the firm’s overall average purchase price to the same level. The announcement came as bitcoin slipped
On the crypto-based prediction platform Polymarket, traders have staked nearly $600,000 on contracts implying a 10% chance Bitcoin (BTC) will hit $130,000 by October 1, 2025. At the same time, the odds show a 29% probability of BTC reaching $150,000 by year-end, which is the single largest wager with over $4.5 million in betting volume
In a move that is capturing significant attention across both the financial and cryptocurrency sectors, US-listed Hyperscale Data (GPUS) has unveiled an ambitious plan to accumulate a staggering $100 million in Bitcoin. This announcement, initially reported by Stocktitan, marks a pivotal moment for the company and underscores a growing trend of institutional interest in the
Several proposals in the House of Representatives seek to put the Philippine national budget on the blockchain, a move supporters say will open government spending to real-time public scrutiny. Rep. Javier Miguel “Javi” Benitez of Negros Occidental’s 3rd District has filed House Bill 4380, the “Blockchain the Budget Act,” which would record every peso of
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