Tag: Million

Kalshi surpasses $2.8 million volume on Solana as on-chain activity rises

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Key Takeaways Kalshi, a regulated prediction market platform, reached over $2.8 million in trading volume on Solana. The platform allows users to trade tokenized event contracts natively on Solana’s blockchain. Share this article Kalshi, a regulated prediction market platform, today surpassed $2.8 million in trading volume on Solana as its tokenized event contracts gain traction among crypto traders. The platform enables users to bet on event outcomes through blockchain tokens that trade natively on Solana, bringing regulated prediction markets directly into the crypto ecosystem. Kalshi’s integration allows seamless on-chain trading…

HashKey files to go public in Hong Kong, targeting $215 million raise

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Key Takeaways HashKey Holdings is aiming to raise $215 million through an initial public offering in Hong Kong. The IPO highlights Hong Kong’s ambitions to become a leading hub for digital assets in Asia. Share this article HashKey Holdings, which runs Hong Kong’s largest licensed crypto exchange, has submitted plans for a Hong Kong IPO targeting HK$1.67 billion, equivalent to around $215 million. The company is offering more than 240 million shares, priced between HK$5.95 and HK$6.95 each. At these levels, HashKey’s market value would range from HK$16.4 billion ($2…

NEAR Protocol achieves 1 million transactions per second in major scalability milestone

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Key Takeaways NEAR Protocol has reached 1 million transactions per second (TPS) in benchmark testing, marking a significant scalability achievement. The result validates NEAR’s sharded blockchain architecture and its approach to horizontal scaling while maintaining decentralization. Share this article NEAR Protocol, a sharded layer 1 blockchain designed for high scalability, has achieved one million transactions per second in a major scalability milestone that demonstrates its capacity for massive throughput in benchmark testing. The achievement validates NEAR’s sharded architecture and its potential for horizontal scaling without compromising decentralization. Recent engineering enhancements…

SpaceX moves $100 million in Bitcoin, possibly for custody arrangements

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Key Takeaways SpaceX transferred nearly $100 million worth of Bitcoin as part of its crypto treasury management. The company is among several major corporations actively adjusting their custody strategies for digital assets. Share this article SpaceX, Elon Musk’s space exploration company, moved 1,083 Bitcoin worth approximately $100 million today, according to Lookonchain. The move is likely the latest in a series of custody shifts by the company as it manages its crypto treasury holdings. SpaceX ranks among privately held companies maintaining Bitcoin in their treasury and had resumed wallet activity…

BitMine Buys $70 million In ETH In 3 Days, Betting Big on Ethereum’s Future

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BitMine Immersion Technologies has acquired another 23,773 Ether over the past three days amid the current market slump, as its chairman pushed back his prediction on Bitcoin’s all-time high. According to an X post by the crypto data analytics platform Lookonchain, Bitmine purchased 7,080 Ether (ETH) for approximately $19.8 million on Monday. Source: Lookonchain The same wallet also purchased 16,693 ETH for approximately $50.1 million on Saturday, bringing the total to nearly $70 million over the past three days.  The moves continue the momentum from last week, which saw Bitwise…

US XRP ETFs reach 318 million XRP in holdings in over two weeks

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Key Takeaways US spot XRP ETFs have held 318 million XRP worth about $648 million within two weeks of launch. Canary’s XRPC ETF leads in assets under management, surpassing all other US spot XRP ETFs combined. Share this article Spot XRP ETFs from Canary Capital, Bitwise, Grayscale, and Franklin Templeton now hold approximately 318 million XRP since launch, worth about $648 million at current market prices. Including the REX-Osprey XRP ETF, US-listed XRP funds manage a combined $775 million in assets, according to the latest disclosures from each fund. Canary’s…

Bitcoin tumbles below $89,000, triggering over $200 million in long liquidations in past hour

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Key Takeaways Bitcoin’s recent price plunge triggered about $200 million in liquidations of leveraged long positions within an hour. Liquidations occur when exchanges automatically close positions to limit further losses for traders who borrowed to bet on higher Bitcoin prices. Share this article Bitcoin fell from above $91,000 to $88,900 in the past hour, wiping out more than $200 million in leveraged long positions across the crypto market, according to data from Coinglass and CoinGecko. The sharp drop forced automatic closure of positions where traders had borrowed funds to bet…

Spot Bitcoin ETFs End Outflow Streak With $70 Million Inflows

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Spot Bitcoin exchange-traded funds (ETFs) ended a bruising month of withdrawals with a modest turnaround, posting roughly $70 million in net inflows for the week. The reversal follows four straight weeks of heavy outflows that drained about $4.35 billion from the sector and pushed net assets sharply lower, according to data from SoSoValue. The highest weekly outflow occurred in the weeks ending on Nov. 7 and Nov. 21, 2025, with each week seeing $1.22 billion leave spot Bitcoin ETFs. On a daily basis, Bitcoin (BTC) funds registered about $71 million…

BlackRock Bitcoin ETF records $114 million in net outflows amid market volatility

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Key Takeaways Around $114 million was withdrawn from BlackRock’s Bitcoin ETF on Friday. The outflows reflect ongoing volatility and decreasing institutional appetite for Bitcoin exposure. Share this article BlackRock’s iShares Bitcoin Trust (IBIT) saw approximately $114 million in net inflows on November 28 amid ongoing crypto market volatility. The substantial outflow comes as many investors continue reducing their digital asset exposure. The selloff reflects investor sentiment across US spot Bitcoin ETFs, which have experienced notable outflows in recent weeks. BlackRock has observed clients pulling back from Bitcoin positions during the…

OpenSea CMO refutes rumors of a $150 million SEA token sale on Coinbase

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Key Takeaways OpenSea’s executive has denied rumors of a $150 million SEA token sale on Coinbase. The SEA token will launch in 2026 with core roles in governance, rewards, and NFT staking. Share this article OpenSea Chief Marketing Officer Adam Hollander has denied a widespread rumor that the NFT marketplace was planning a $150 million SEA token sale on Coinbase, describing the circulating post as “fake.” Speculation arose after a parody X account stated that Coinbase had deleted a social post teasing a $150 million SEA token sale, leading to…