Wollito UAB

During the pre-mine period, the 61,216 Ether was worth roughly $20 million, but eight years later, it’s worth more than $116 million.

Dormant pre-mined Ethereum worth $116M resurrects after 8 years

A wallet address containing pre-mined Ethereum worth $116 million moved its entire stash of 61,216 Ether ETH $1,910 to an address on the Kraken crypto exchange after being dormant...

1 year ago

Crypto bears and short speculators have been liquidated en-masse today as altcoins go on a tear following Ripple’s victory against the SEC.

Crypto Liquidations Pile High to $290M After Altcoin Rally Blows Out Short Positions

Crypto liquidations have approached $300 million over the past 24 hours, according to Coinglass data. It likely comes as no surprise that the majority of them were short positions. ...

1 year ago

A trio of on-chain metrics point to confidence in Ethereum’s underlying asset as institutions mull greater exposure to the asset class

Ethereum activity on the rise as on-chain metrics print fresh highs

The total value of staked ether (ETH) continues apace, reflecting positive signs of growth and stability for the world’s second-largest digital asset. Following Ethereum&rs...

1 year ago

Hive made the rebrand to reflect its “evolving focus” on revenue opportunities in AI, cloud computing and GPUs.

Crypto miner Hive Digital drops ‘blockchain’ from name amid pivot to AI

Crypto mining firm Hive Blockchain has rebranded to Hive Digital Technologies to highlight its foray into artificial intelligence (AI). In a July 12 statement, the Vancouver, Cana...

1 year ago

Blockchain equities inflows reached a recent high of $15 million as well. However, total trading volume dropped.

Bitcoin continues dominance as 3rd week of fund inflows correct previous months’ outflows

A third straight week of positive digital asset inflows has fully corrected nine previous weeks of outflows for the market, according to a report from CoinShares published on July 10. ...

1 year ago

"The dollar index futures act a robust complement to the long-only portfolio from both a thematic and empirical perspective," Marex's Mark Arasaratnam said.

Marex Unveils Bitcoin, Ether-Linked Long Strategy With Dollar Index as Hedge

London-based financial services platform Marex has launched a volatility-adjusted strategy tied to bitcoin (BTC), ether (ETH) and the dollar index (DXY) futures to cater to investors wary of the...

1 year ago

NFT royalties are an important gauge of incoming revenues to fund the ongoing development of various projects in the ecosystem.

Ethereum NFT royalties hit 2-year low as Bored Ape floor price falls below 30 ETH

Royalties earned by nonfungible token (NFT) projects have reached their lowest point in two years, according to a report from blockchain analytics firm Nansen. Data shared with Co...

1 year ago

Bitcoin investment products have experienced $310.6 million in inflows over the last two weeks.

Bitcoin remains ‘primary focus’ for investors amid year highs: CoinShares

Bitcoin BTC $30,938 has been the “primary focus” for institutional investors over the last two weeks, according to CoinShares, as the cryptocurrency continues to hit n...

1 year ago

Institutional investors are only interested in Bitcoin right now as it continues to lead markets in recovery

Bitcoin Dominates Institutional Fund Flows for Second Week Running

On July 3, institutional crypto fund manager CoinShares released its weekly fund flows report. It has been another bullish week for professional investors who are loading up on Bitcoin...

1 year ago

Meanwhile, the altcoin price crash triggered inflows for XRP, Cardano and Polygon.

Crypto investment products experience outflows for 9th consecutive week

On June 19, European cryptocurrency investment firm CoinShares published its “Digital Asset Fund Flows Report,” revealing that cryptocurrency investment products experience...

1 year ago