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The Daily: South Korea's short-lived military rule sparks record crypto trading volume and more

South Korea's military rule affected crypto markets, HYPE token's value soared, TRON hit new highs, Celsius CEO pleaded guilty, and the U.S. government moved seized crypto.

theblock.co • 04/12/2024 - 14:01 PM

The Daily: Crypto prices plunge in South Korea as President declares martial law, XRP Ledger reduces account reserve to 1 XRP and more

Crypto markets react to South Korea's martial law; XRP reserve cut; BlackRock ETF hits BTC milestone; Coinbase CEO criticizes law firms hiring SEC staff; Pump.fun revenues soar.

theblock.co • 03/12/2024 - 19:28 PM

BlackRock’s spot ETF surpasses 500,000 bitcoin in assets under management

BlackRock’s IBIT spot bitcoin ETF has exceeded 500,000 BTC in assets under management less than a year after trading began. The fund is now approaching the $50 billion AUM mark following another $338.3 million worth of net inflows on Monday.

theblock.co • 03/12/2024 - 11:06 AM

The Daily: XRP is back in crypto's top three, Michael Saylor advises Microsoft on adopting bitcoin and more

XRP becomes the third-largest cryptocurrency, Michael Saylor advocates for Bitcoin adoption at Microsoft, MicroStrategy purchases more Bitcoin, and a Japanese exchange plans to shut down after a hack.

theblock.co • 02/12/2024 - 18:45 PM

Global Ethereum investment products hit $2.2 billion annual inflow record amid US ETF surge

Ethereum-based investment products registered $634 million worth of net inflows globally last week, led by the U.S. spot ETFs, according to CoinShares. As a result, Ethereum funds reached a new annual record of $2.2 billion in net inflows, surpassing the $2 billion peak in 2021. Meanwhile, XRP funds hit a weekly inflow record, while Bitcoin products witnessed outflows.

theblock.co • 02/12/2024 - 15:33 PM

MARA proposes $700 million convertible senior note offering to buy more bitcoin

MARA proposed another $700 million convertible senior note offering on Monday to repurchase a portion of its existing notes and to acquire more bitcoin. The bitcoin miner also announced its November production update, mining 907 BTC and acquiring 6,474 BTC during the month to reach total holdings of 34,959 BTC.

theblock.co • 02/12/2024 - 13:46 PM

BITCOIN

MicroStrategy acquires another 15,400 bitcoin for $1.5 billion, taking holdings to 402,100 BTC

MicroStrategy acquired 15,400 BTC for $1.5 billion, continuing its strategy to raise capital through equity offerings for further bitcoin acquisitions.

theblock.co • 02/12/2024 - 13:21 PM

Spot crypto exchange volume hit $2.7 trillion in November, highest since May 2021

Spot trade volume on global crypto exchanges reached $2.7 trillion in November, the highest level since May 2021. Bitcoin and Ethereum futures volume on exchanges also hit their highest levels since May 2021. The overall crypto market surged in November as pro-crypto candidate Donald Trump was reelected as U.S. President.

theblock.co • 02/12/2024 - 09:23 AM

The Daily: Hyperliquid set for HYPE token launch, MARA purchases $615 million in bitcoin and more

Hyperliquid prepares to launch its HYPE token; MARA purchases bitcoin; Celsius distributes $127 million; Coinbase's Celo decision causes community backlash; gamified AI Freysa retains $40,000 in crypto.

theblock.co • 28/11/2024 - 15:16 PM

MARA purchases $615 million worth of bitcoin, boosting total holdings to 34,794 BTC

MARA Holdings has acquired 6,474 bitcoin this month following the closing of its $1 billion offering of convertible notes. MARA’s stock closed up 7.81% at $26.92 on Wednesday.

theblock.co • 28/11/2024 - 05:54 AM

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