According to an operations and production update from MARA Holdings, a publicly traded bitcoin mining company, the firm has extended 7,377 BTC in loans to third parties to achieve a modest yield. ‘Significant Interest’ — MARA Holdings Explains Bitcoin Lending Program MARA Holdings (Nasdaq: MARA), a prominent bitcoin miner, has disclosed updates on its BTC […]
Iranian Crypto Holdings Equal a Third of National Gold Market
Iranian crypto holdings, valued between $ 30 billion and $ 50 billion, constitute about a third of the national gold market, according to economist Mohammad Sadegh Alhosseini. Daily cryptocurrency trading in Iran is approximately $ 143 million (100 trillion rials). The Central Bank of Iran (CBI) and the finance ministry are working …
Bukele Announces Private Investment of $1.61 Billion in Third Phase of Economic Overhaul Plan for El Salvador
President Nayib Bukele used his personal X account to present the third phase of his economic plan for El Salvador. Titled “Logistics,” this new phase will entail raising private investments to modernize the country’s port infrastructure. The first step involves an investment of $ 1.61 billion to modernize the Acajutla and La Union ports. …
Bitcoin ETFs Capture $216M in Third Consecutive Day of Inflows
The 11 U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows for the third consecutive day on Tuesday, bringing in $ 216.33 million. Blackrock’s IBIT was the top performer, securing $ 121.03 million during the trading sessions. Fidelity’s FBTC and Blackrock’s IBIT Drive Bitcoin ETF Gains With Tuesday’s gains, the cumulative total net inflows …
US Spot Bitcoin ETFs Face Third Day of Outflows, $145 Million Drained on Monday
U.S. spot bitcoin exchange-traded funds (ETFs) experienced their third consecutive day of outflows on Monday, losing over $ 145 million. Fidelity’s FBTC continued to lead the outflows with $ 92 million exiting the fund on June 17. Fidelity’s FBTC and Ark Invest’s ARKB Among Biggest Losers During Monday’s Outflow According to sosovalue.xyz metrics, …