On-chain data shows the Bitcoin spot exchange-traded funds (ETFs) have seen three waves of major inflows from the veteran hands in this cycle so far. Bitcoin Coin Days Destroyed Shot Up Alongside Earlier ETF Net Inflows As explained by CryptoQuant author Maartunn in a new post on X, Bitcoin has been observing major reshuffles related to old tokens and the spot ETFs. The spot ETFs refer to investment vehicles that trade on traditional platforms and allow investors to gain exposure to an underlying asset like BTC without having to directly own the asset. The BTC spot ETFs launched in the US in January 2024. Since then, the funds have generally enjoyed growth, with a few periods involving a particularly sharp burst of inflows. The main attraction of the ETFs is that investors unfamiliar with the cryptocurrency world can invest into BTC in a form that’s convenient to them. Related Reading: Safe Haven Split: Bitcoin-Gold Correlation Turns Negative For First Time In 6 Months When a trader invests into such a vehicle, the fund buys an equivalent amount of the cryptocurrency on the client’s behalf. This reflects as an on-chain movement into the wallets associated with the ETF. Below is the chart shared by Maartunn that shows the trend in the 30-day Bitcoin spot ETF netflow since the start of 2024. As displayed in the graph, the Bitcoin spot ETF netflow has seen a few phases of extremely positive values. These naturally correspond to a high amount of demand for the ETFs. Interestingly, there is a pattern common among these large waves of inflows. From the chart, it’s visible that the Coin Days Destroyed (CDD) gave distribution signals alongside the netflow spikes. The CDD is an on-chain indicator that measures the total number of coin days that are being “destroyed” in transactions across the BTC network. A coin day is a quantity that one BTC accumulates after staying dormant on the blockchain for one day. When a token dormant for some number days is moved, its coin days counter returns back to zero. The coin days that it had previously been carrying are said to be destroyed. Generally, spikes in this metric correspond to activity from the diamond hands of the network. These HODLers tend to accumulate a massive amount of coin days with their patience, so when they finally break their silence, large-scale destruction of coin days takes places. The three major Bitcoin ETF net inflow waves of Summer 2024, Fall 2024, and Summer 2025 all accompanied a distribution signal from the CDD, which suggests a rotation of coins happened from the veteran hands to new demand coming through these vehicles. Related Reading: Dogecoin Signal That Nailed The Top Says It’s Time To Buy Since the latest such wave, the ETF netflow has calmed down to the neutral level, meaning demand has gone cold. “ETF inflows are key,” notes Maartunn. “Without strong new demand, selling pressure from new holders could increase.” BTC Price At the time of writing, Bitcoin is trading around $110,500, up 2% over the past week. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com
Ethereum exchanges are drying up quickly as ETH exchange ‘flux’ turns negative for the first time ever. Flux, by the way, calculates the cumulative net flow of ETH across all exchanges. A positive flux means there are more ETH deposits, which simply shows people are selling more ETH and buying less. A negative flux balance, however, indicates more outflows of ETH from exchanges than inflows, suggesting aggressive buying among market participants. Data from CryptoQuant also suggests that the balance of ETH on exchanges has now hit a new rock bottom , indicating strong institutional buying. Recently, Yunfeng Financial Group, backed by Chinese tycoon Jack Ma, bought 10,000 ETH worth $44M as part of its reserve strategy. Meanwhile, BitMine Immersion Technologies, the largest institutional holder of ETH, added around 153,000 tokens , taking their stash past the $8B mark with 1.86M ETH in holdings. BitMine, in fact, now holds 1.5% of the total ETH supply. Additionally, three ICO-era whales recently moved $645M worth of Ethereum to a new staking address . These 150,000 ETH were originally bought for just $0.31, and instead of booking $643M in gains, these whales chose to stake the tokens for steady yields. This highlights how institutions increasingly view Ethereum as a yield-generating asset rather than just a speculative bet. Let’s dig into ETH’s technical charts to understand how the next few weeks could pan out. We’ll also suggest the best altcoins to buy now to make the most of this momentum. Ethereum Technical Analysis: Awaiting a Breakout After surging 139% since the beginning of May and teasing the $5K level on August 24, Ethereum has now entered a symmetrical triangle pattern, with key support at around $4,000. A symmetrical triangle typically signals the continuation of a strong bull run. A breakout here could see $ETH quickly reclaim previous highs and march toward $5,500 and beyond. According to Bitbull, a crypto trader with 67K followers on X, $ETH is holding a rising trendline on the daily timeframe. And as long as it doesn’t break below, $ETH remains a good buy . More importantly, as $ETH rises, so does the broader altcoin market, which often delivers astronomical returns. If you’re looking to make the most of Ethereum’s upcoming rally, here are a few cryptocurrencies worth watching right now. 1. Bitcoin Hyper ($HYPER) – Supercharging the Bitcoin Blockchain with Solana-Like Performance Bitcoin Hyper ($HYPER) is the best crypto to buy now thanks to its game-changing mission to improve Bitcoin’s real-world utility. $HYPER is building the first true Layer 2 solution for Bitcoin, aimed at turbocharging the network with lightning-fast speeds, ultra-low fees, and full Web3 compatibility. Why’s this important? Because beyond its appeal as an investment vehicle, Bitcoin doesn’t provide much value to core crypto users: it’s painfully slow, congested, and expensive. By integrating the Solana Virtual Machine (SVM), $HYPER will let developers build smart contracts and decentralized applications on Bitcoin itself. Additionally, a decentralized, non-custodial canonical bridge will let you interact with Hyper’s Web3 environment by converting your native Bitcoin into Layer-2-compatible tokens. You can then use these wrapped $BTC tokens to engage in high-speed DeFi trading, NFTs, lending, staking, and DAOs – all without leaving the Bitcoin blockchain. Buy $HYPER now while it’s still in presale and available at some of its lowest-ever prices. At the moment, 1 $HYPER is priced at just $0.012865, and the project has already raised a whopping $14.1M from early investors. Plus, according to our Bitcoin Hyper price prediction , the token could hit $0.32 by year-end – a staggering 2,400% gain for early buyers. Visit Bitcoin Hyper’s official website for more information. 2. Maxi Doge ($MAXI) – Hype-Driven Meme Coin Gunning for 1000x Returns If you think you’ve leaned a little too much on the cautious side and stacked only mainstream, utility-driven altcoins, consider Maxi Doge ($MAXI) . It’s a new meme coin in presale , fronted by a bulked-up, angrier, and potentially more profitable version of Dogecoin. Maxi is, in fact, Dogecoin’s distant cousin – but the two are anything but close. Dogecoin’s success and ‘cute’ vibe ruined Maxi’s childhood, as his family members were too busy hyping Doge to pay him any attention. Looking for revenge, Maxi found solace in the gym and in front of the charts. He built up his muscles and his crypto brain, crafting both a robust personality and a creative plan to overthrow Doge as the best meme coin on the planet. The plan? Aggressive marketing. Think PR campaigns, influencer collaborations, and social media blitzes. In fact, the project’s developers have reserved a whopping 40% of the total $MAXI supply for marketing purposes. And despite not having any ‘revolutionary’ utility, holding $MAXI could still be extremely rewarding. You’ll get access to holder-only events, like weekly trading competitions and leaderboard prizes. Currently in presale, $MAXI has already pulled in over $1.88M from early investors, with each token priced at just $0.000256. Check out Maxi Doge’s official website for more information. 3. Tutorial ($TUT) – Viral Altcoin Capable of Riding Crypto’s Renewed Momentum Tutorial ($TUT) emerged as one of the top trending cryptos in the June–July rally, gaining a whopping 200%. And now, with another run-up on the cards, the token is again showing signs of a potential explosive move to the upside. It’s up over 16% in the past week, currently trading around $0.06886 – just one big green candle away from its all-time highs. Beyond that, there’s really no resistance stopping the token from going absolutely bonkers and potentially becoming the next 1000x crypto . What’s driving its momentum? Hype and community backing, of course – but $TUT is also one of the few tokens that hits the sweet spot between popularity and utility. As the name suggests, Tutorial is an education-based crypto offering easy-to-understand lessons on topics like setting up a crypto wallet , writing smart contracts, and trading on decentralized exchanges , helping newbies learn the ropes of crypto and blockchain. Wrapping Up Ethereum exchanges are drying up at a record pace, signaling a never-before-seen interest from deep-pocketed players looking to load up as much of the ‘digital silver’ as possible. This trend, combined with a potential interest rate cut in September, could send $ETH and other altcoins straight to the moon. If you want to capitalize on this rally, consider loading up on low-cap, high-upside tokens like Bitcoin Hyper ($HYPER) , Maxi Doge ($MAXI) , and Tutorial ($TUT). That said, kindly remember that the crypto market is highly volatile and unpredictable. This article is not financial advice. Always do your own research before investing.
BitcoinWorld Dogecoin Treasury: CleanCore Solutions’ Revolutionary $175M Crypto Investment In a bold move that has captured the attention of both traditional finance and the cryptocurrency world, NYSE-listed CleanCore Solutions (ZONE) recently announced a monumental step. The company successfully raised an impressive $175 million through a private investment in public equity (PIPE) deal, specifically earmarked for establishing a Dogecoin treasury . This significant fundraise signals a growing trend of corporate adoption of digital assets, and it’s certainly making waves. What is Driving CleanCore’s Vision for a Dogecoin Treasury? CleanCore Solutions had previously disclosed its intentions to invest in Dogecoin (DOGE), and this latest funding round brings those plans to fruition. The $175 million PIPE deal saw participation from several prominent players in the financial and crypto sectors. These included Mosaics, Pantera Capital, GSR Markets, FalconX, Borderless Capital, and Mythos. This diverse group of investors highlights the broad interest in CleanCore’s strategy. It suggests a belief in the long-term potential of integrating digital currencies into corporate financial structures. This isn’t just about holding crypto; it’s about a strategic allocation within a dedicated Dogecoin treasury . Forging Key Alliances for the Dogecoin Treasury A crucial aspect of CleanCore’s venture is its collaborative approach. The company has established its Dogecoin treasury in close partnership with two significant entities: the Dogecoin Foundation and House of Doge. These collaborations are vital, offering legitimacy and expertise to the initiative. Moreover, Marco Margiotta, the CEO of House of Doge, is set to join CleanCore as its Chief Investment Officer (CIO). This appointment brings seasoned crypto leadership directly into CleanCore’s executive team. It underscores the seriousness and strategic depth behind their commitment to this new digital asset strategy. Navigating Market Sentiments: The Initial Reaction to a Corporate Dogecoin Treasury It’s important to note that CleanCore’s initial announcement of its Dogecoin investment plans on September 2 was met with a sharp decline in its stock price. This reaction reflects the market’s initial caution and, perhaps, skepticism towards unconventional corporate treasury strategies. However, securing a substantial $175 million investment from reputable firms post-announcement indicates a different sentiment among institutional players. It suggests that while retail markets might react impulsively, sophisticated investors see potential in pioneering a Dogecoin treasury , even amidst volatility. What are the Potential Benefits and Challenges of a Dogecoin Treasury? Establishing a Dogecoin treasury presents both exciting opportunities and inherent risks. On the benefit side, CleanCore could tap into the vibrant Dogecoin community, enhance brand visibility, and potentially benefit from the asset’s price appreciation. It positions the company as an innovator in the corporate finance landscape. Benefits: Innovation: Positions CleanCore at the forefront of corporate crypto adoption. Community Engagement: Taps into Dogecoin’s large and active community. Potential for Appreciation: Offers exposure to a volatile, yet potentially high-growth, asset. Diversification: Adds a new asset class to the company’s balance sheet. Conversely, challenges include Dogecoin’s notorious price volatility, which could impact CleanCore’s financial statements. Regulatory uncertainties surrounding cryptocurrencies also pose a risk, as the landscape is constantly evolving. Furthermore, managing public perception and shareholder expectations will be crucial. Challenges: Price Volatility: Dogecoin’s price can fluctuate dramatically. Regulatory Uncertainty: The crypto regulatory environment is still developing. Public Perception: Managing investor and public reactions to a novel strategy. Operational Complexity: Requires specialized expertise for management. A Landmark Moment for Corporate Crypto Adoption CleanCore Solutions’ successful $175 million fundraise for its Dogecoin treasury marks a significant milestone. This move not only solidifies CleanCore’s position as an innovator but also sets a precedent for how other public companies might integrate digital assets into their financial strategies. It’s a clear signal that cryptocurrencies, even meme coins like Dogecoin, are increasingly being considered as legitimate components of corporate balance sheets, driven by strategic vision and institutional backing. The journey ahead for CleanCore’s Dogecoin treasury will be closely watched, offering valuable insights into the evolving relationship between traditional enterprise and the dynamic world of decentralized finance. Frequently Asked Questions (FAQs) Q1: What is a PIPE deal, as mentioned in CleanCore’s fundraise? A: A PIPE (Private Investment in Public Equity) deal involves the sale of publicly traded company shares or other securities to private investors. It’s a way for public companies to raise capital quickly from a select group of institutional or accredited investors. Q2: Why did CleanCore Solutions choose Dogecoin (DOGE) for its treasury? A: While the company’s full rationale isn’t detailed, choosing Dogecoin could be seen as a bold, innovative move to capture attention, engage with a large community, and potentially benefit from its unique market dynamics and cultural relevance. It differentiates their digital asset strategy. Q3: Who are the key partners involved in establishing CleanCore’s Dogecoin treasury? A: CleanCore Solutions is collaborating with the Dogecoin Foundation and House of Doge to establish and manage its Dogecoin treasury. Additionally, Marco Margiotta, CEO of House of Doge, is joining CleanCore as its Chief Investment Officer. Q4: What are the main risks associated with a corporate Dogecoin treasury? A: The primary risks include Dogecoin’s high price volatility, which can lead to significant fluctuations in the treasury’s value. There are also regulatory uncertainties in the evolving cryptocurrency landscape, and potential challenges in managing public and investor perception of such an unconventional asset. Q5: How might CleanCore’s Dogecoin treasury impact the broader crypto market? A: This move could serve as a significant precedent, potentially encouraging other publicly traded companies to explore similar digital asset treasury strategies. It adds institutional legitimacy to Dogecoin and other cryptocurrencies, further blurring the lines between traditional finance and crypto. Did CleanCore’s bold move into a Dogecoin treasury surprise you? Share your thoughts and this article with your network to spark a conversation about the future of corporate crypto investments! To learn more about the latest crypto market trends, explore our article on key developments shaping digital assets institutional adoption . This post Dogecoin Treasury: CleanCore Solutions’ Revolutionary $175M Crypto Investment first appeared on BitcoinWorld and is written by Editorial Team