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Wu Blockchain· 2025-10-31 04:04
On October 30, U.S. Bitcoin spot ETFs saw a total net outflow of $488 million, with all 12 funds recording zero inflows. Ethereum spot ETFs posted a total net outflow of $184 million, also with no inflows across nine products. In contrast, Solana spot ETFs recorded a net inflow of $37.33 million, marking three consecutive days of inflows.https://t.co/QHxqsa3ngS ...
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Wu Blockchain· 2025-10-31 03:16
Today, FTX’s petition-date holdings are worth an estimated $136 billion, including $14.3B in Anthropic equity, $7.6B in Robinhood stock, $1.2B in Genesis Digital Assets, $600M in SpaceX (via K5 Global), 58M SOL ($12.4B), 890M SUI ($2.9B), 205K BTC ($2.3B), 225.4M XRP ($600M), 112.6K ETH ($500M), $1.7B cash, and $345.2M in stablecoins. ...
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Wu Blockchain· 2025-10-31 03:07
SBF: FTX was never insolvent. The $8 billion in customer assets owed when FTX filed for bankruptcy protection never left the platform, and all customers will receive 119% to 143% repayment, with about 98% of creditors already paid 120%. After covering $8 billion in claims and $1 billion in legal fees, the bankruptcy estate still has $8 billion left.https://t.co/IGudaJOotO ...
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Wu Blockchain· 2025-10-31 02:45
Grayscale’s Head of Research, Zach Pandl, predicted that a potential U.S. spot Solana ETF could mirror the success of Bitcoin and Ethereum products, attracting at least 5% of Solana’s total token supply within the next one to two years. At current prices, that would mean over $5 billion worth of SOL could be absorbed by firms such as Grayscale and Bitwise.https://t.co/Dh1s4DAu1Z ...
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Wu Blockchain· 2025-10-31 01:32
Coinbase increased its Bitcoin holdings by $299 million in Q3 through weekly purchases, now holding 14,548 BTC. CEO Brian Armstrong said Coinbase is integrating prediction markets, tokenized stocks, and other products as part of its plan to become an “everything app” for finance, adding that the company remains confident in pursuing acquisitions.https://t.co/7jKOVCPaCG ...
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Wu Blockchain· 2025-10-31 01:12
Bitcoin treasury firm Nakamoto Holdings has seen its stock plunge over 98% from its May peak after a $563M PIPE deal triggered heavy investor selling. CEO David Bailey plans to merge Bitcoin Magazine, the Bitcoin Conference, and 210k Capital into the company to boost cash flow and build a “Bitcoin-first” group. Nakamoto still holds 5,765 BTC (≈$653M), ranking as the 19th-largest public Bitcoin holder.https://t.co/zDT4W1YW3p ...
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Wu Blockchain· 2025-10-30 22:55
Market Entry - dYdX plans to enter the U S market by the end of the year [1] - The platform will initially launch spot trading for Solana and other cryptocurrencies [1] - Perpetual contracts will not initially be available in the U S market [1] Trading Fees - dYdX plans to cut trading fees to 50-65 basis points (0 5%-0 65%) [1] Trading Volume - dYdX has surpassed $1 5 trillion in cumulative trading volume [1]
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Wu Blockchain· 2025-10-30 22:07
According to Bloomberg, Strategy Inc. (formerly MicroStrategy) posted Q3 net income of $2.8 billion, or $8.42 per share, driven by unrealized gains on its $69 billion Bitcoin holdings. Despite the rebound, the stock is down about 45% from its November 2024 peak amid concerns over its capital structure and Bitcoin purchase pace. The company said it is pursuing plans to issue credit securities in offshore markets. https://t.co/xTxY65pfjT ...
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Wu Blockchain· 2025-10-30 20:27
According to Reuters, Coinbase reported a net income of $433 million for Q3 2025, or $1.50 per share, a significant increase from $75.5 million, or $0.28 per share, in the same period last year. The growth was primarily driven by heightened volatility in the digital asset market, which boosted trading volumes. Transaction revenue for the quarter reached $1.05 billion, up from $573 million a year earlier. https://t.co/zODu7jfKmq ...
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Wu Blockchain· 2025-10-30 16:51
According to Lookonchain, Jump Crypto appears to have swapped a large amount of SOL for BTC. In the past 15 minutes, the firm transferred 1.1 million unlocked SOL (worth approximately $205 million) to Galaxy Digital and received around 2,455 BTC (worth about $265 million) in return. https://t.co/9cbn0nqMDu ...