Bitcoin miner Terawulf Inc. has completed the sale of its 25% stake in the Nautilus Cryptomine joint venture for approximately $ 92 million. The company said this week that it intends to use the proceeds to expand its high-performance computing (HPC) and artificial intelligence (AI) infrastructure at its Lake Mariner facility. Crypto Mining Firm …
US Ether ETFs See Negative Flows as Grayscale Offloads $356.26M
U.S. spot ethereum exchange-traded funds (ETFs) experienced negative inflows once again, driven by Grayscale’s Ethereum Trust (ETHE) offloading a substantial $ 356.26 million on Friday. To date, ETHE has recorded more than $ 1.5 billion in cumulative outflows. Grayscale’s Ethereum Trust Sheds $ 1.5B in 4 Trading Sessions The spot ether ETFs …
German Government Offloads 9,736 BTC in 20 Hours; Reserves Could Deplete by Tomorrow
Over the course of nearly 20 hours, the German government has sold 9,736 BTC valued at $ 564.3 million. The government’s BTC wallet currently holds 13,110 BTC worth $ 767 million. German Government’s Swift Bitcoin Sales Could Soon Lead to Total Reserve Depletion At 1:16 p.m. EDT on July 9, Bitcoin.com News reported …
Market Jitters: Germany Offloads 3,820 BTC in a Week, Impacting Crypto Sentiment
Over the past seven days, data reveals that the German government has transferred 3,820 BTC to cryptocurrency exchanges, with around 2,165.49 BTC moved in the last eight hours. German Government’s Bitcoin Transfers Cause Stir A week ago, Bitcoin.com News reported that the German government’s wallet, containing bitcoins seized from a piracy website, held 47,179 BTC […]
Grayscale’s GBTC Offloads $527M in Bitcoin as Spot ETFs Record Lower Trading Volumes; Other Funds Continue BTC Accumulation
Based on the latest data, the recently introduced spot bitcoin exchange-traded funds (ETFs) experienced their lowest trading volume day since Jan. 11, 2024, recording roughly $ 1.28 billion in volume on Wednesday. Additionally, figures indicate that Grayscale’s Bitcoin Trust GBTC has offloaded another tranche of bitcoins, totaling 13,178.50 bitcoin valued at $ 527 …