Crypto News
BlackRock Bitcoin ETF Sees Record-High Outflow Thanks to Profit Taking
BlackRock's iShares Bitcoin ETF saw its biggest 1-day outflow yesterday as shareholders took profits to the tune of $333 million.Source link
Mining Milestone: Bitcoin’s Hashrate Soars to Unprecedented Heights in the New Year
On the third day of 2025, Bitcoin’s hash rate soared, registering between 813 and 823 exahash per second (EH/s). This impressive peak is an ideal start to the New Year. Bitcoin Begins 2025 with an Unstoppable Surge The opening days of 2025 have ushered in new heights for Bitcoin’s hashrate. On Jan. 1, the cryptocurrency’sSource link
CoinDesk 20 Performance Update: ADA Gains 12%, Leading Index Higher
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3594.2, up 1.8% (+64.6) since 4 p.m. ET on Thursday.19 of 20 assets are trading higher.Leaders: ADA (+12.0%) and ICP (+10.6%).Laggards: BTC (-1.0%) and ETH (+0.6%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link
Man Dies by Suicide After Being Convicted of ‘Rug Pull,’ Family Says
A 21-year-old man appears to have taken his own life, as he awaited sentencing for an NFT "rug pull."Source link
SPX6900 Sets Record Highs While Trendy ‘AI Agents’ See Profit-Taking
A crypto cult hoping to flip the entire U.S. stock market just moved closer to its bizarre goal, although with trillions of dollars more to go.SPX6900 (SPX) crossed a $1.1 billion capitalization earlier Friday to set a new record above $1.25, breaking a November high of 90 cents, amid renewed interest in memecoin cults on Crypto Twitter.That came as AI Agent projects virtuals (VIRTUALS), ai16z (AI16Z) and the broader category fell by 8% on average, amid criticism of their claimed AI models, as previously noted in a CoinDesk analysis.The Ethereum-based SPX6900 has a total supply of 930 million tokens, the holders of which have formed a viral cult that professes the project as one of their only ways to financial...