Browsing: Million

DeFi Development Corp., a Financial services and asset management company known in the crypto ecosystem for having the second biggest Solana holdings in the world, just added 26,202 SOL, worth roughly $3 million, to its treasury. The funds came in between Sept. 28 and Oct. 2, according to an8-K, the form public companies file to…

Add preferred source US spot Ethereum ETFs posted net outflows for a third consecutive session, bringing the cumulative total to $405.4 million. On the 17th alone, $39.3 million exited the funds, with BlackRock’s ETHA accounting for $42.9 million in outflows. Fidelity and VanEck products, by contrast, saw modest net inflows. The trend stands in sharp…

“We must be confident that underlying inflation is moving to our objective clearly and at sufficient speed,” Federal Reserve chair Kevin Warsh said at his press conference on Wednesday, after the central bank raised its benchmark rate by a quarter point to a range of 3.75% to 4%, its first increase since July 2023. “Today,…

Add preferred source1 A Bitcoin holder moved 1,604 BTC worth about $122 million between two unidentified wallets hours before the Federal Reserve’s rate decision on Sept. 16. Whale Alert recorded the transfer at 12:20 UTC, with no evidence the coins were sent to an exchange for sale. The move comes as markets overwhelmingly expect a…

Today’s private credit market is fragmented. Nonbank lenders often depend on several providers to make and manage loans, keep records, distribute payments, and ensure transactions are accurate. Because those providers all rely on different internal systems, the process can be slow and costly. That’s why a Brooklyn-based fintech company called Tare is pledging to simplify…