TechubNews

Techub News Report, according to SoSoValue data, this week the United States Bitcoin spot ETF saw a total net inflow of approximately $568 million, while the Ethereum spot ETF experienced a total net inflow of about $23.56 million. As of 3 March, Eastern Time, the total net asset value of the US Bitcoin spot ETF is approximately $87.07 billion; the Ethereum spot ETF's total net asset value is about $11.28 billion.

Techub News reports that, according to Lookonchain monitoring, an address starting with 0x65B4 spent 12.5 million USDC to buy 6,228 Ethereum 14 hours ago.

Techub News reports that Bitcoin mining company Bitdeer has updated its Bitcoin holdings data. The company mined a total of 163.1 Bitcoins this week and sold all of them. As of March 6, Bitdeer’s self-held Bitcoin amount is zero (not involving customer deposits).

Techub News News, People's Bank of China Governor Pan Gongsheng attended the Fourth Session of the 14th National People's Congress and stated that over the past year, overall, the key financial risks in our country have been orderly resolved, the financial system and financial markets have operated smoothly, and risks in key areas have continued to converge. The People's Bank of China, together with relevant departments, has maintained a high-pressure crackdown on illegal financial activities such as illegal fundraising, virtual currency trading and speculation, and underground banks. Moving f

Techub News Report, according to data from Circle's website, as of March 5th Eastern Time, Circle issued approximately 7.2 billion USDC and redeemed about 5.4 billion USDC over the past 7 days, with the circulating supply increasing by approximately 1.8 billion. As of March 5th, the total circulating supply of USDC is about 77.1 billion, with reserves of approximately $77.2 billion.

Techub News reports that, according to SoSoValue data, this week Hong Kong's Ethereum spot ETF had a net redemption of approximately 497.74 tokens, SOL spot ETF had a net redemption of approximately 6190 tokens, and Bitcoin spot ETF had no net subscriptions or redemptions. As of March 6, the total holdings of Hong Kong Bitcoin spot ETF assets were approximately 3880 tokens, with a total net asset value of about $275 million; Hong Kong Ethereum spot ETF assets were approximately 31,690 tokens, with a total net asset value of about $65.92 million; Hong Kong SOL spot ETF assets were approximately

Techub News reports that, according to SoSoValue data, on March 6, the Hong Kong Ethereum spot ETF experienced a net redemption of 194.9 units, while the Bitcoin spot ETF saw no net subscriptions or redemptions; currently, the total assets held in the Hong Kong Bitcoin spot ETF are approximately 3,880 units, with a total net asset value of about $275 million; the Hong Kong Ethereum spot ETF holds approximately 31,690 units, with a total net asset value of about $65.92 million.

Techub News reports that, according to SoSoValue data, this week the US XRP spot ETF experienced a total net outflow of approximately $4.09 million, ending a streak of 4 consecutive weeks of net inflows, with a total net asset value of about $983 million; the SOL spot ETF saw a total net inflow of approximately $24.05 million, continuing its 4-week streak of net inflows, with a total net asset value of about $807 million.

Techub News reports that, according to CoinAnk data, in the past 24 hours, the entire network experienced liquidations of $264 million, with long positions liquidated at $220 million and short positions at $43.63 million.

Techub News reports that, according to sources from CCTV News, U.S. officials have stated that President Trump privately expressed a "strong interest" in deploying ground troops inside Iran. The sources said that Trump had discussed the idea of deploying ground forces to Iran with aides and Republican officials. Trump showed a strong interest in the idea, but the focus of the related plans was not on "a large-scale ground invasion of Iran," but rather on "sending a small-scale U.S. military force to achieve specific strategic objectives." The sources also said that Trump has not made any decis

Techub News reports that, according to monitoring by X user Ai Aunt, addresses starting with 0xA6A have accumulated a total purchase of approximately 4009.87 ETH over the past three days, with a total value of about $7.973 million. Currently, the ETH held by this address has a floating loss of $21,800.

Techub News reports that, according to Blockspace, Bitcoin mining company Cathedra Bitcoin has announced a merger agreement through a full stock exchange with technology company Sphere 3D. The new company after the merger will retain the Sphere 3D name and its listing status on NASDAQ, and will operate 53 MW capacity and 1.2 EH/s of Bitcoin mining infrastructure across five data centers in Tennessee, Kentucky, and Iowa, seeking a 100 MW expansion opportunity, including in the artificial intelligence/high-performance computing sector. After the transaction is completed, Cathedra Bitcoin shareho

Techub News reports that Solana treasury company DeFi Development, listed on the US stock market, announced plans to launch a dividend-bearing stablecoin after strategic investment in the stablecoin protocol development project Apyx, aiming to introduce transparent returns to the stablecoin market. Currently, both parties are discussing token economics, valuation framework and development roadmap, as well as how to utilize the Digital Asset Treasury (DAT) dividend preferred shares.

Techub News reports that, according to Decrypt, Nevin Shetty, a man from Washington State, secretly transferred $35 million of company funds into his own DeFi platform HighTower Treasury while serving as CFO of a private software company. He invested in high-yield lending protocols, but the funds were nearly wiped out after the Terra collapse in May 2022. The incident led to the company laying off 60 employees and nearly going bankrupt. Shetty was convicted of four counts of telecommunications fraud, sentenced to two years in prison, ordered to pay $35 million in restitution, and after release