Author: Kryptonews

Key points:Bitcoin “shark” wallets have started buying the dip, adding 65,000 BTC to their holdings in just seven days.Short-term holders also cross a milestone, with the profit ratio of coins moving onchain flipping positive.Long-term holders have yet to return to net accumulation.Bitcoin (BTC) “conviction-driven” holders have bought 65,000 BTC in just seven days as price bounces from two-month lows.New research from onchain analytics platform CryptoQuant released Thursday shows Bitcoin “sharks” buying the dip.Bitcoin’s big players rethink distributionBitcoin wallets with a balance between 100 BTC and 1,000 BTC have wasted no time bagging coins at lower prices.CryptoQuant data shows that in…

XiuShan Mining, a leading global green cloud mining platform, has announced the launch of its VIP Club, offering exclusive benefits and a high-yield mining experience for high-end users. This program combines AI computing power allocation, customized investment plans, and prioritized profit settlement channels to create the industry’s first cloud mining club ecosystem integrating technology, finance, and high-end services.Exclusive Member BenefitsVIP Club members will enjoy a variety of exclusive services, including:High-yield computing power rewards: Prioritized allocation of high-performance computing resources in a dedicated computing pool, resulting in more stable and higher-return mining profits.Exclusive Global Mining Farm Experiences: Invitations to visit XiuShan…

Spot bitcoin BTC$114,924.26 exchange-traded funds (ETFs) in the U.S. added $552.78 million on Thursday, their fourth consecutive day of inflows.That’s the longest run since Aug. 28 and the joint-longest since the seven days ended Aug. 14, which coincided with bitcoin’s ascent to an all-time high of over $123,000. Wednesday’s $757.14 million net inflow was the largest for a single day since July 16, according to data tracked by SoSoValue. Spot ether (ETH) ETFs are also enjoying a run of inflows. Thursday marked a third straight day, and followed six consecutive days of outflows during which more than $1 billion was…

China-based fashion company MOGU saw its stock reach above 80% after it announced to investors that it would allocate $20 million to add crypto assets to its balance sheet. Why did the company decide to invest in crypto? Summary MOGU’s share price soared 84% following the announcement that the social media firm would start buying crypto assets worth $20 million. Chairman Chen Qi will be in charge of deciding when to deploy the funds to buy crypto for the company. According to a recent press release, the online fashion and lifestyle platform’s board of directors have decided to allocate up…

Opening Note:Welcome back, Altcoin Investors! As the crypto markets continue to evolve, it’s more crucial than ever to stay informed. In today’s newsletter, we bring you the latest updates, critical market insights, and emerging trends impacting Bitcoin, Ethereum, and the broader altcoin ecosystem. Whether you’re a seasoned crypto trader or a new investor staying ahead of the news curve, we’ve got you covered. Let’s jump in and break down the developments that are moving the markets and shaping the future of digital assets.Market Recap:The broader cryptocurrency market remained relatively stable this week, with Bitcoin (BTC) and Ethereum (ETH) maintaining their…

The Bank of Russia will likely cut interest rates by 200 basis points on Friday as the economy continues to lose speed, with output and corporate earnings both trailing expectations. According to Bloomberg, the decision would completely reverse last year’s rate hikes, which pushed borrowing costs to a peak of 21% before the central bank started easing in June. Out of the nine economists surveyed, seven predict the key rate will fall again to 16%, one expects a 100bps cut, and one thinks the bank will hold at 18%. This would be the second straight 2-point cut, a rare back-to-back…

By 2025 cloud mining has altered the way buyers get coins of digital currency. The practice of mining has become so complicated that the average user has no alternative but to go for a cloud mining platform. Just as easy as that, the miners let you rent their incredible computing power and gain your wallet directly, the only thing that is left is to receive the payouts.But the problem is there are many of these platforms, and they are all proudly saying that they are the ones “to give the best returns” but the right one is just one. Therefore,…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Earlier today, Ethereum (ETH) treasury firm BitMine Immersion Technologies (BMNR) added to its ETH holdings, as on-chain data reveals that the firm purchased another 46,225 tokens, increasing its total ETH holdings to over 2.1 million ETH. BitMine’s Total Ethereum Holdings Surge Past 2.1 Million ETH According to an X post by on-chain analytics account Lookonchain, BitMine seems to have further increased its total ETH holdings. Notably, the firm’s wallet added another 46,225 ETH to its total holdings, worth slightly more than $200 million. It should be recalled…

CleanCore Solutions has now acquired more than 500 million Dogecoin (DOGE), marking the halfway point in its plan to build a 1 billion-token treasury. Key Takeaways: CleanCore has acquired over 500 million DOGE, halfway to its 1 billion-token goal. The company aims to position Dogecoin as a strategic reserve asset and payment rail. ZONE stock rebounded after a $175M raise, while DOGE gained 23% this week. The company disclosed on Thursday that it had purchased $130 million worth of DOGE, following a 285.42 million token buy earlier in the week.CleanCore Aims to Cement DOGE as a Reserve AssetThe rapid accumulation…

For as long as betting has existed, one rule stayed the same: when you lose, you lose everything. It didn’t matter how much you had wagered or how close you came, once the chips were gone, the money never came back. That harsh reality shaped the way millions thought about casinos and sportsbooks. But today, Spartans has turned that old rule on its head. With the launch of 10% CASHRAKE™, a world-first feature, the platform has made it possible for players to get paid even when they’re on a losing streak.Imagine logging into your account after a rough night, only…