FG Nexus sells $14M Ether at loss
FG Nexus offloaded 7,550 ETH worth roughly $14 million on Tuesday, extending a series of sales that have pushed realised losses on its Ether treasury strategy beyond $80 million.
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FG Nexus offloaded 7,550 ETH worth roughly $14 million on Tuesday, extending a series of sales that have pushed realised losses on its Ether treasury strategy beyond $80 million.
Crypto bank Anchorage Digital said it holds Strategy’s Nasdaq-listed perpetual preferred security STRC, adding institutional backing as hedge funds intensify bearish bets against Michael Saylor’s Bitcoin treasury company.
US spot Bitcoin exchange-traded funds recorded $257.7 million in inflows on Tuesday as Bitcoin rebounded toward $65,000, ending a streak of daily outflows and marking the strongest single-day intake since early February.
US federal agents in North Carolina have seized more than $61 million in USDT linked to a large-scale “pig butchering” crypto investment scam that targeted victims through fake online relationships and fraudulent trading platforms.
US Senator Richard Blumenthal has opened a congressional investigation into Binance following reports that the crypto exchange processed roughly $1.7 billion in transactions linked to sanctioned Iranian entities and Russia’s oil “shadow fleet.”
South Korea is preparing legislation that would require social media influencers promoting cryptocurrencies and stocks to disclose their holdings and any compensation received for endorsements.
The tokenised US Treasury market has grown by more than $1 billion since Jan. 1, 2026, lifting its total market capitalisation to over $10.8 billion despite broader macroeconomic uncertainty and rising US debt levels.
21Shares has launched the Strategy Yield ETP on Euronext Amsterdam, offering European investors regulated exposure to a preferred stock issued by Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin.
Circle Internet Group reported fourth-quarter revenue of $770 million and net income of $133.4 million, or 43 cents per share, surpassing analyst expectations of 16 cents per share on $747 million in revenue.
Hut 8 reported a fourth-quarter net loss of $279.7 million, compared with income of $152.2 million a year earlier, as a $401.9 million loss on digital assets weighed on results.
Kraken has launched Flexline, a crypto-backed lending product enabling Kraken Pro users to borrow against digital assets at fixed annual rates of 10% to 25% without selling their holdings.
Bitcoin snapped a sharp two-day slide on Wednesday, climbing past $69,000 after President Donald Trump’s State of the Union address failed to introduce new trade escalations that investors had feared.
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