Spot Bitcoin ETFs record fourth straight day of inflows, $353.67m added

Spot Bitcoin exchange-traded funds in the United States recorded their fourth consecutive day of inflows on Dec. 2, with $353.67 million flowing into the funds. According to data from SoSoValue, BlackRock’s IBIT fund led the charge, recording a massive $338.33 million in inflows. Fidelity’s FBTC and ARK’s ARKB funds contributed to the trend with inflows of $25.14 million and...

Bitcoin ETFs lagged behind Ether ETFs ahead of Thanksgiving

Spot Bitcoin exchange-traded funds in the U.S. have experienced significantly lower inflows compared to their Ethereum counterparts during the last four trading days, from Nov. 22 to the day before Thanksgiving. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $32.2 million in inflows over the last four trading days between Nov. 22 and Nov. 27,...

Can you exchange cryptocurrency for cash?

Your digital fortune can transform into real money, and you can enjoy a nice outing with your friends. Turning your crypto coins into cash might seem hard, but it’s a straightforward process. At this time, many cryptocurrency users are interested in knowing the methods of bringing their digital crypto assets to the real world. This article...

Chart of the week: XRP could jump another 12%, what to expect

XRPLedger’s native token (XRP) gained 12% on Nov. 29 as the altcoin held steady above $1.7300, rallying alongside Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and other leading cryptocurrencies. Table of Contents XRP on-chain indicators signal price growth  XRP eyes retest of April 2021 peak XRP derivatives traders turn bullish Strategic considerations XRP on-chain indicators signal price growth XRP...

McDonald’s Instagram account hacked by promoters of Grimace coin

McDonald’s Corp’s account on Instagram was hacked Aug 21 in an apparent scam involving a cryptocurrency named after Grimace. Screenshots published by an X user showed a post on the chain’s Instagram leading to a “McDonald’s experiment” on the blockchain platform Solana. Another encouraged users to post whether they owned a coin named after Grimace, the...

Six charged with kidnapping Chinese national

SEPANG: A married couple and four other individuals were charged in the Sessions Court here Thursday (Aug 15) with the kidnapping of a Chinese national for a ransom of USDT1 million (RM4.44mil) in cryptocurrency last month. The accused, Jun Hiong, 28; Law Han Wei, 28; Dhinnesh Tan Kin Yuan, 29; Jong Li Jiat, 25; and husband...

Woman loses RM190,000 of life savings to cryptocurrency scam

PASIR GUDANG: A 50-year-old woman lost RM190,000 worth of her life savings after falling for a cryptocurrency investment scam here. Seri Alam OCPD Supt Mohd Sohaimi Ishak said that the victim, who is an international school staff, was offered an investment scheme by a man that she befriended through Instagram. “The suspect offered a cryptocurrency investment opportunity...

Bitcoin ETFs see fifth consecutive day of positive inflows, IBIT net $72.1m

Spot Bitcoin (BTC) ETFs in the U.S. recorded their fifth consecutive day of inflows on July 11, with $72.1 million in net inflows as Bitcoin surpassed the $59,000 mark. According to data provided by Farside Investors, these investment products recorded $72.1 million in positive net flows on July 11. This follows a positive week that began with $143.1...

Bitcoin drops anew on fears of sales from Mt. Gox distributions

Bitcoin is under pressure again on concerns about possible sales of the token by creditors of the failed Mt. Gox exchange, which has begun returning a roughly $8 billion hoard of the largest digital asset. The original cryptocurrency slid about 5% to trade at $54,400 as of 9:25 a.m. Monday in Singapore, some $19,000 below March’s...

Bitcoin reaches $63k as miner selling pressure declines

Bitcoin’s (BTC) one-month bearish momentum seems to have ended as the miner selling pressure declines. BTC is up by 2.2% in the past 24 hours and is trading on the verge of the $63,000 mark at the time of writing. The asset’s market cap is sitting at $1.24 trillion. Bitcoin’s daily trading volume increased by 57%, reaching $21...