U.S. spot Ethereum ETFs have recorded roughly $320.1 million in net withdrawals for the week ending October 16, exceeding Bitcoin ETFs’ $228.4 million in outflows as investors reduced exposure to both cryptocurrencies. Summary Ethereum ETFs recorded approximately $320 million in weekly withdrawals, exceeding Bitcoin funds by $92 million overall. BlackRock’s ETHA accounted for nearly $299…
The FTC estimated task scams made up nearly 40% of US job fraud reports in 2024 and called crypto their payment of choice. Chainalysis has revealed that one of the biggest victims of the Ledger implant thefts was a task scam operator who lost more than 60 Bitcoin (BTC). The blockchain analytics firm put…
Michael Saylor has hinted at another Bitcoin purchase for Strategy after the company reported holdings of 848,250 BTC, acquired for approximately $64 billion, in its latest weekly disclosure. Summary Michael Saylor hinted at further Bitcoin accumulation, although Strategy has not confirmed another purchase this weekend. Strategy’s latest filing shows holdings of 848,250 BTC, acquired for…
Ethereum is testing a critical support confluence below $2.4K as its correction continues. Buyers have defended the area with several sharp reactions, but persistent lower highs suggest that selling pressure has yet to ease. Ethereum Price Analysis: The Daily Chart On the daily timeframe, ETH has declined into the highlighted $2.36K–$2.44K demand zone, where the…
Ledger CEO Pascal Gauthier has publicly clashed with former Mt. Gox chief Mark Karpelès over warnings about modified hardware wallets linked to an estimated $90 million in cryptocurrency thefts. Summary Ledger CEO Pascal Gauthier challenged Mark Karpelès after criticism of the company’s warnings about tampered wallets. Karpelès pointed to a March security guide, but its…
The winner was quite clear. In a week in which the underlying asset tumbled from over $84,000 to a monthly low of under $80,000, it’s almost expected that the exchange-traded funds tracking its performance were in the red. And they were. The same can be said about the Ethereum ETFs, which, albeit finally saw…
Authorities in Ghana and Nigeria have arrested 28 suspects during an international crackdown on online fraud networks, with cryptocurrency exchanges Binance and Coinbase among the private companies helping investigators identify more than $11 million in potentially freezable funds. Summary Authorities arrested 28 suspects in Ghana and Nigeria during an international crackdown on online scam networks….
Is the OG meme coin about to stage a major comeback? We’re far from the meme-coin hype that rattled crypto markets, where new tokens were popping up left and right to fight for the public’s attention and, more importantly, the capital ready to deploy. Although the oldest and largest of the bunch was always…
Blockchain analytics firm Chainalysis has found that Italy, Portugal and Singapore account for 66.9% of tokenized U.S. Treasury holdings with identifiable geographic locations, while the United States represents just 10.5% of the recorded value. Summary Italy, Portugal and Singapore account for 66.9% of tokenized Treasury value with identifiable holder locations. U.S. investors account for 10.5%…
Is being too bullish actually good for the crypto market? Bitcoin’s recovery since the summer lows has been accompanied by an unusually sharp shift in analyst sentiment, and CryptoQuant believes the pattern closely resembles the early stages of the previous major bull cycle. In its latest report shared with CryptoPotato, the company found that…
