Russian power company Rosseti suffered over $ 14 million in losses in 2024 due to illegal crypto-mining operations, which have led to network congestion, equipment damage, and criminal investigations. Unauthorized Crypto Mining Results in Heavy Losses For Rosseti Russian electricity provider Rosseti has reported $ 14 million (1.3 billion rubles) in damages from …
Both bitcoin and ether ETFs started the week positively, with net inflows of $ 66.19 million and $ 11.65 million, respectively. Fidelity’s FBTC led bitcoin ETF inflows, while Fidelity’s FETH was the primary contributor to ether ETF inflows. Bitcoin and Ether ETFs Kick Off Week With Positive Inflows After a challenging period of …
Not long ago, the Bitcoin blockchain released 94.42% of its total supply, leaving only—or 174,583.24 bitcoins—to be mined until 20 million are in circulation. Calculations indicate that this milestone will be reached before the fifth Bitcoin halving, expected to occur in April 2028. Algorithmic Scarcity: Bitcoin Nears 20 Million The commonly cited total supply of […]
Between Feb. 10 and 14, bitcoin ETFs experienced a net outflow of $ 581.23 million, while ether ETFs saw a net outflow of $ 26.3 million. This trend reflects cautious investor sentiment amid market volatility. Market Volatility Sparks Significant Outflows From Bitcoin and Ether ETFs Bitcoin and ether exchange-traded funds (ETFs) had a …
The fourth day of consecutive outflows for bitcoin ETFs saw a loss of $ 156.69 million, with significant withdrawals from Fidelity’s FBTC and ARK 21Shares’ ARKB. In contrast, ethereum spot ETFs attracted $ 12.92 million in inflows, led by Blackrock’s IBIT and Fidelity’s FETH. Bitcoin ETFs Shed $ 650.76 Million Over Four …