Tag: Crypto

U.S. Bitcoin ETFs See Third Straight Day of Outflows, Totaling $494M, as BTC Stalls

U.S. spot-listed bitcoin (BTC) exchange-traded funds (ETFs) have seen three consecutive days of outflows totaling $494 million. Wednesday’s outflows were the largest of the three, with $251 million, which saw BlackRock’s iShares Trust (IBIT) register a $22.1 million outflow, with Fidelity Wise Origin Bitcoin Fund (FBTC) registering the largest...
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BNB Flips Solana in Market Capitalization After 22% Weekly Surge

Binance Coin (BNB) has overtaken Solana (SOL) in market capitalization, solidifying its position as the fifth-largest cryptocurrency in the market. This shift comes in the wake of a strong price rally for BNB, while Solana struggled with recent declines. BNB Up, Solana Down At the time of this writing,...
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Illegal Bitcoin mining operation explodes in Malaysia

An illegal Bitcoin mining operation was discovered in a house in Malaysia, adding to the toll on the country’s power grid and contributing to the trend in electricity theft driven by illicit crypto mining activities. On Feb. 13, an explosion…...
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Altcoins Lose Over $234 Billion in Two Weeks: Blame Meme Coins?

The crypto market had a scare yesterday when Bitcoin and altcoins fell minutes after January’s release of the United States CPI data. With the economy heating up and inflation rising, exceeding economists’ expectations, there is concern that the Federal Reserve might have to intervene once more to lower price...
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Wyoming Highway Patrol Association Explores Bitcoin Adoption for Its Balance Sheet

The Wyoming Highway Patrol Association (WHPA), a nonprofit organization that supports troopers, dispatchers, and civilian staff, is considering adding Bitcoin to its balance sheet. The initiative is being pursued in collaboration with Proof of Workforce’s “Get Off Zero” program. It aims to educate labor unions and pension funds about...
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