Spot bitcoin and ether ETFs saw another round of outflows on December 24 as traders headed into the Christmas holiday with reduced liquidity and weaker risk appetite. SoSoValue data showed that bitcoin spot ETFs had $175 million in net outflows on Wednesday, while ether spot ETFs showed $57 million in outflows. The biggest single-day exit […]
Bitcoin and ether ETFs see $200 million outflows ahead of Christmas Read More »
XRP fell to $1.86 as traders continued to sell into rallies, even as spot ETF demand remained steady and total ETF-owned assets rose to $1.25 billion — a gap that suggests the market is still digesting supply at key technical levels. News background Institutional appetite for XRP exposure continued to build through exchange-traded funds, with
Ripple tokens spot US product crosses $1.25 billion net assets Read More »
Bitcoin briefly showed $24,111 on Binance in a sharp wick on the BTC/USD1 trading pair late Tuesday, before rising back above $87,000 within seconds, according to exchange data. (Binance) The move did not appear on other major BTC pairs and appeared to be isolated to USD1, a stablecoin launched by Trump family-backed World Liberty Financial.
BTC price drops to $24,000 on Binance against USD1 Read More »
A press release published on Christmas Eve claimed that Circle, the issuer of the USDC stablecoin, had launched a new platform offering tokenized gold and silver trading. However, that is “false,” a Circle spokesperson told CoinDesk. Launched under the name CircleMetals, the platform was promoted through a press release distributed on December 24, a date
Circle-related press release promises tokenized metal trading. It’s a fake Read More »
The crypto industry closes the year with a record $8.6 billion in mergers and acquisitions, according to the FT, up sharply from $2.17 billion the year before. The deal’s rise comes amid a major political shift in Washington, where the Trump administration has bolstered the sector with a series of legislative developments that include the
Trump administration’s pro-crypto policies spur record crypto deals by 2025 Read More »
Payment focused cryptocurrency XRP$1.8620 is little changed in 24 hours, in line with the broader crypto market, even after the introduction of a new product that allows holders to earn extra money without selling their tokens. On Tuesday, Upshift, Clearstar and Flare unveiled earnXRP, a box designed to make it easier for XRP holders to
Ripple-linked XRP’s price remains stable even as new income opportunities emerge Read More »
Data center developer WhiteFiber’s ( WYFI ) first long-term colocation agreement at its flagship NC-1 campus with Nscale Global supports management’s execution and its original timeline for implementation, investment bank B. Riley said in a report Tuesday. “We believe that WYFI’s confirmation of its original implementation timeline demonstrates its ability to execute and the benefit
NC-1 deal is good, but B. Riley lowers price target on cloud services outlook Read More »
The European Union’s newest tax transparency law for digital assets comes into force on January 1, marking a shift in how crypto activity faces scrutiny across the bloc. Known as DAC8, the directive extends the EU’s long-standing framework for administrative cooperation on taxation to crypto-assets and related service providers. The rules require providers of cryptoassets,
Circle introduces tokenized gold and silver swaps via USDC on the New Digital Metals Platform
Filecoin FILE$1.2809 fell 2% to $1.28 during Tuesday’s session, tracking broader crypto market flows rather than reacting to token-specific catalysts. The token’s price action remains closely tied to crypto market sentiment, according to CoinDesk Research’s technical analysis model. This tight correlation indicates that large order flows are driving the price movements rather than fundamentals for
Filecoin (FIL) falls 2% as crypto markets weaken Read More »
