Tag: Crypto

$3.8 Billion in Bitcoin and Ethereum Outflows, What Does it Mean?

For the third week in a row, digital asset investment products have seen investors pull out funds. This past week alone marked a historic $2.9 billion in outflows which pushed the cumulative figure to $3.8 billion over three weeks. CoinShares stated that this reversal is likely influenced by the...
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Will Binance List Pi Network (PI) This Week?

TL;DR Pi Network’s token has dropped by double digits in the past week, with speculation growing that Binance could list it soon. Despite delays and skepticism, PI remains listed on exchanges like Bitget, OKX, and MEXC, while the community awaits a decision from the largest crypto exchange. Pi Network’s...
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Why Did Trump’s Strategic Crypto Reserve Not Include XRP?

The cryptocurrency community was hit with a stunning twist, when an executive order signed by President Donald Trump dashed the hopes of Ripple and its supporters. After pouring millions into political contributions to push for XRP (CRYPTO: XRP)’s inclusion in a U.S. sovereign crypto reserve, the company and its...
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DeFi TVL drops by $45B, erasing gains since Trump election

The total value of cryptocurrencies locked (TVL) in decentralized finance (DeFi) protocols has lost all its gains since Donald Trump was elected the US President in November 2024. Since the US election, DeFi TVL rose to as high as $138 billion on Dec. 17 but has retracted to $92.6...
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Strategy Files For $21B In Preferred Stock To Fund Bitcoin Acquisition

Strategy Inc. (NASDAQ:MSTR), announced on Monday that it has filed to offer up to $21 billion in preferred stock to raise funds for Bitcoin (CRYPTO: BTC) purchases. What Happened: The sales agreement involves issuing 8.00% Series A perpetual strike preferred stock STRK with a par value of $0.001 per...
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