Coinshares, through its lead research analyst James Butterfill, has reported a third consecutive week of inflows into digital asset investment products. Total inflows amounted to $ 1.2 billion, reflecting a reaction to continued expectations of dovish U.S. monetary policy. Bitcoin Drives $ 1 Billion in Crypto Inflows, According to Coinshares According to Coinshares’ …
Bitcoin ETFs Pull in Nearly Half a Billion as Ethereum ETFs Join the Party
On Friday, U.S. spot bitcoin exchange-traded funds (ETFs) continued their upward momentum, raking in a sizable $ 494.27 million in inflows. Spot ethereum ETFs followed suit, adding $ 58.65 million to their tally. Bitcoin ETFs Lead the Charge with $ 494M Inflows; Ethereum ETFs See Strong Growth Data from sosovalue.xyz shows that …
Cryptocurrency Purchases Soar in Brazil: $12.37 Billion Spent YTD
According to data from the Central Bank of Brazil, purchases of cryptocurrency made abroad have soared this year, surpassing the numbers registered in 2023. These purchases, considered imports, have reached $ 12.37 billion year-to-date, exceeding the total crypto purchases of 2023. This indicates that exchanges and trading platforms are preparing to accommodate a large …
Blackrock Amasses $24 Billion in Bitcoin, Approaches 2% of Total Supply
From Jan. 11 to Sept. 26, 2024, Blackrock, the world’s largest asset manager, collected an astonishing 363,626.36 bitcoin, valued at just over $ 24 billion as of Sept. 27. This accumulation puts Blackrock’s exchange-traded fund (ETF), IBIT, on the cusp of controlling nearly 2% of bitcoin’s total supply. A Look at How Blackrock Quickly …
Russia’s Cybercrime Damage Exceeds $1.25 Billion in 2024, Minister Says
Russian Interior Minister Vladimir Kolokoltsev has revealed that cybercrime damage in Russia has surpassed $ 1.25 billion so far this year, with both individuals and organizations, including government bodies, as frequent targets. He highlighted that cybercrime now represents 40% of all crimes in the country, rising to 60% in serious cases. Cybercrime Costs Russia …