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Crypto Funds Witness $598,000,000 Inflows; Bitcoin Dominates
Crypto investment products saw inflows totaling $598 million last week. This marks the fourth straight week of positive flows, according to the latest report from CoinShares. So far, year-to-date, crypto fund inflows have exceeded $5.7 billion, representing 55% of the record 2021 intake. Earlier this week, assets under management hit $68.3 billion, the highest level......
MicroStrategy Buys 3,000 Bitcoin (BTC) For $155 Million
Business intelligence firm MicroStrategy has purchased an additional 3,000 Bitcoin for approximately $155 million, company former CEO Michael Saylor announced Monday. The purchase was made at an average price of $51,813 per Bitcoin. Additionally, this latest acquisition brings MicroStrategy's total Bitcoin holdings to 193,000 BTC, purchased for $5.978 billion at an average price of $31,464.74......
$56.5M Withdrawn From BitForex Crypto Exchange; Users Blocked
Cryptocurrency exchange BitForex suffered an abrupt service outage this week following the withdrawal of approximately $56.5 million worth of crypto assets from company wallets. The platform has provided no explanation, while users across social media report account lockouts. BitForex hot wallets saw a $57 million exit on Feb. 23, per the investigator. The company is......
MicroStrategy’s Official X Hacked: Over $440,000 In Crypto Stolen
The official X account of software intelligence company MicroStrategy fell victim to an apparent hack on Monday morning. Attackers accessed the profile to share phishing links that security experts estimate drained over $440,000 in cryptocurrency from deceived users. Fake X posts promoted a giveaway of a non-existent 'MSTR token'. Included website for users to connect......
🥛 The Path to Altseason 📊
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Worldcoin Skyrockets 300%: What’s Behind WLD Surge?
Worldcoin (WLD) has surged over 300% in the past month, reaching an all-time high valuation above $1.1 billion at press time. The speculative frenzy follows the launch of OpenAI avatar generator Sora amidst hype around CEO Sam Altman's expanding AI empire. WLD token has surged 40% daily to a new record price of $8.6. Traders......
🥛 BTC hit a new all-time high! 🤑
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Nigeria Blocks Access To 3 Major Crypto Exchanges
Nigeria has ordered internet service providers to restrict access to top crypto exchanges, including Binance, Coinbase, and Kraken, according to the FT. The move represents a stark shift amidst the country's expanding embrace of digital asset adoption and proposed market regulation. The telecoms regulator reportedly demanded website blocks this week. Crypto exchanges help establish unofficial......
U.S. Ethereum ETF Could Raise Concentration Risks: Report
The entry of Ethereum exchange-traded funds (ETFs) in America could overly concentrate validation power, warns S&P Global Ratings. In a recent report, analysts cautioned that massive asset managers selecting centralized staking services may undermine Ethereum's core decentralization outlook. S&P expects SEC approval of spot Ethereum ETFs as soon as May. Notes funds are less likely......
🥛 AI tokens are up BIG. Here’s why… 👀
Today’s edition is brought to you by LMNT – an electrolyte drink mix with everything you need & nothing you don't. No sugar. No artificial ingredients. No fillers.Receive a free LMNT sample pack with any order.GM. This is Milk Road, where we serve market insights like a midnight snack – it’s tasty, comforting, and exactly......
