Reports note that Bitcoin holders realized large losses as prices slid, and the headline number is hard to ignore. According to on-chain tracker CryptoQuant, about $4.5 billion in net losses was recorded on January 23. That number reflects moved coins sold at prices lower than when they were bought. It is a big transfer of…
Tag: canada
Solana And XRP ETFs Smash New Records In Canada
Canada’s newest altcoin exchange-traded funds have raced to category leadership, with the Solana-focused SOLQ crossing C$300 million in assets under management (AUM) and the XRP-focused XRPQ topping C$150 million, according to a Tuesday announcement. The issuer said both funds now hold the largest AUM in their respective categories among Canadian peers, underscoring a sharp acceleration…
Crypto Traders Wrecked As Trump’s Tariffs Spark $2 Billion Liquidation
As February began, crypto investors found themselves inside a turbulent market after the digital asset space went crashing down, leading to more than $2 billion in crypto liquidations and Bitcoin price plunged near the $90,000 mark. Analysts attributed the current turmoil in the cryptocurrency sector to the new tariffs imposed by President Donald Trump on…