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Bitcoin whales not selling despite $70K — BTC holdings growth ‘is going parabolic’
Bitcoin whales not selling despite $70K — BTC holdings growth ‘is going parabolic’

Bitcoin addresses holding at least 1,000 BTC is climbing again despite BTC price reaching over $70,000 for the first time.

Cointelegraph·2024/03/09 08:10
GBTC net outflows reach $10 billion two months after ETF conversion
GBTC net outflows reach $10 billion two months after ETF conversion

The Grayscale fund has averaged daily net outflows of about $338 million this week, BitMEX Research data shows

Blockworks·2024/03/08 23:28
Cheatsheet: ETH/BTC trending higher, propelling DeFi TVL
Cheatsheet: ETH/BTC trending higher, propelling DeFi TVL

Ether, while still about 20% away from an all-time high, has been accelerating in recent days, relative to bitcoin

Blockworks·2024/03/08 23:13
Tom Lee Reveals What Will Drive Bitcoin’s Price to $150,000
Tom Lee Reveals What Will Drive Bitcoin’s Price to $150,000

Fundstrat’s Tom Lee predicted Bitcoin prices will swell to $150,000 by year’s end on CNBC this week. Moreover, the Bitcoin bull said it’s because of the cryptocurrency’s appeal to Millennials and Gen Z.

Cryptopotato·2024/03/08 22:35
SHIB Marketer Supports Founder, Asks Community to Burn Tokens, Develop Tools
SHIB Marketer Supports Founder, Asks Community to Burn Tokens, Develop Tools

SHIB marketer supports the founder in the ongoing SHIB burn debate. Shiba Inu has burnt no tokens since January, after burning for only three months. SHIB community members are asking the project’s developers to do something about the suspended SHIB burn.

Coinedition·2024/03/08 22:26
Crypto Biz: MicroStrategy doubles down on Bitcoin, Ether ETFs delayed, and more
Crypto Biz: MicroStrategy doubles down on Bitcoin, Ether ETFs delayed, and more

This week’s Crypto Biz covers MicroStrategy’s debt issuance to buy Bitcoin, the SEC’s delay on Ether ETFs, Fantom’s request for Multichain’s liquidation and more.

Cointelegraph·2024/03/08 22:26
Ethereum price (ETH) hits $4,000 for the first time since 2021
Ethereum price (ETH) hits $4,000 for the first time since 2021

ETH price set a new multi-year high at $4,000 right as Bitcoin price hit a new all-time high.

Cointelegraph·2024/03/08 18:18
Ripple Close to a Huge Adoption Milestone: Will the XRP Price Follow?
Ripple Close to a Huge Adoption Milestone: Will the XRP Price Follow?

The number of XRP addresses with zero balances is just 1,595.

Cryptopotato·2024/03/08 17:16
Flash
22:53
Univest Securities, LLC announced that it has successfully completed a $8 million registered direct offering for its client Pop Culture Group Co., Ltd. (Nasdaq: CPOP).
This issuance marks a significant milestone in Pop Culture’s capital operations, providing financial support for its subsequent business expansion. As a company focused on the cultural sector, this financing will help Pop Culture consolidate its market position and could inject new momentum into its future development. Market participants are closely watching the company’s strategic moves after the financing is completed and the potential impact on its share price.
22:50
ConocoPhillips plans to sign an agreement with Syria to resume natural gas production.
According to an agreement reached with the state-owned Syrian Oil Company, ConocoPhillips will jointly develop existing gas fields and explore new reserves with Novaterra Energy. This potential deal builds upon a memorandum of understanding (MoU) signed in November 2025 and is expected to be formally signed this week. (Financial Times)
22:43
Spot HYPE ETF trading volume approaches 900 million dollars, early demand indicates institutional interest
Odaily reports that about one month after the launch of the first spot HYPE ETFs, early trading data has shown strong performance, indicating institutional investors have demand for Hyperliquid-related exposure. Currently, three issuers offer HYPE investment products through regulated broker channels, including 21Shares’ THYP, Bitwise’s BHYP, and Grayscale’s HYPG. Since their debut, the combined trading volume of these three products has approached $900 million, with net inflows reaching $153 million. However, trading activity among the products is not evenly distributed; BHYP and THYP contributed most of the trading volume, while HYPG, which launched later, is still in the process of ramping up. Unlike some tokens that mainly rely on speculative demand, HYPE’s value logic is more directly linked to Hyperliquid’s trading activity. About 97% of Hyperliquid’s trading fees go into the Assistance Fund and, through an automatic buyback mechanism, create a correlation between trading volume and token demand.
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