US-listed crypto exchange-traded funds (ETFs) were hemorrhaging money on Thursday, snapping a two-week streak of consistent inflows. The 11 bitcoins BTC$110,901.10 ETFs recorded net outflows of $536.4 million as investors pulled $56.8 million from ether ETFs. Data curated by SoSoValue shows that BlackRock’s iShares Bitcoin Trust (IBIT) saw $29 million in outflows on the day, […]
Spot ETFs bleed $536M as prices are below $110K Read More »
Figment, a major player in blockchain staking services, has acquired Rated Labs, a blockchain analytics firm known for its validation data. The value of the purchase was not disclosed. The Toronto-based firm, which manages over $18 billion in pledged assets, says the move will help its clients, primarily exchanges, custodians and asset managers, make better
Bitcoin’s treasury landscape has evolved dramatically over the past six months. In just half a year, their numbers have more than doubled, spanning MetaPlanet in Japan, OranjeBTC in Brazil, and a new crop of American players such as the recently announced Strive as well as Tether and Jack Maller’s Twenty One. At a conference in
Bitcoin Treasuries Need an Onchain Strategy Read More »
CoinDesk Indices presents its daily market update highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3734.21, up 1.0% (+35.14) since 4 PM ET Wednesday. Nineteen out of 20 assets are trading higher. Leaders: LINK (+2.1%) and ICP (+1.8%). Laggards: FIL (-0.3%) and BCH (+0.1%).
The index rises by 1% as almost all voters increase Read More »
The stablecoin market has continued its rapid rise, with total capitalization reaching a record high above $314 billion, as growth in Tether’s USDT and Circle’s (CRCL) USDC led the way, according to broker Canaccord Genuity. With the GENIUS Act in effect, compatible stablecoins like USDC are now treated on par with cash by the US
Gold is up nearly 60% year-to-date, significantly outperforming bitcoin, which by comparison is up a paltry 13% – despite all the talk of a bull market. Analysts say gold is not overpriced despite the epic rally, and traders on Kalshi are confident that 2025 will be the year the yellow metal outperforms BTC. (Kalshi) Still,
Are BTC traders ready for a bull market? Read More »
Jito Foundation, a crypto protocol that supports the Solana blockchain SUN$185.19has raised $50 million in a private token sale led by Andreessen Horowitz’s a16z crypto, it announced in a press release Thursday. The funding will support the foundation’s efforts to scale the Jito network’s infrastructure, expand its developer tools, and continue to build out liquid
Solana (SOL) Stakings Jito gets investment from a16z Read More »
In today’s “Crypto for Advisors” newsletter, Josh Olszewicz of Canary Capital breaks down Litecoin from its history to its growth. Then Billy Luedtke from Institution answers questions about decentralized finance and its growth in “Ask an Expert”. Thanks to our sponsor for this week’s newsletter, Grayscale. For financial advisors near Denver, Grayscale is hosting an
A robust digital asset for the long term Read More »
Bitcoins BTC$108,810.46 The price is hovering precariously in the critical support zone amid a rising rise in volatility indices across asset classes. The leading cryptocurrency by market capitalization has fallen nearly 2.5% to $108,000 in 24 hours. It has entered the key support zone of $107,000 to $110,000, which, if breached, will mark a significant
Bears Battle Critical Support Zone as BTC, Stock and Gold Volatility Index Rises Read More »
US-listed cryptocurrency exchange Coinbase (COIN) is introducing a stablecoin payments platform to enable businesses to send and receive USDC, the company said on Thursday. Named simply “Coinbase Business,” the new set of tools will simplify vendor payments, eliminate chargebacks and offer seamless API integrations, allowing businesses to scale efficiently, the exchange said. USDC balances in
Crypto Exchange Coinbase Introduces Its Own Stablecoin Payment Platform Read More »
