Stablecoin Activity Surges to 49.7x Velocity as Crypto ETF Outflows Deepen
In recent developments, stablecoin use is accelerating beyond crypto trading, with filtered transaction velocity reaching a record 49.7 times annualized. At the same time, bitcoin and ethereum spot ETFs are…
Blackrock IBIT Sheds $440M as Bitcoin ETF Outflows Reach 11 Days
In recent developments, crypto exchange-traded fund (ETF) flows opened June on a defensive note, with bitcoin funds losing nearly half a billion dollars and ether products extending their outflow streak…
Coinbase invests in ProShares ETF tailored for stablecoin reserve assets
In recent developments, the exchange has invested an undisclosed amount in ProShares’ Treasury-focused ETF built for the post-GENIUS era as lawmakers debate whether stablecoin issuers can offer yield-bearing products. Looking…
Coinbase Bets on Proshares ETF as Stablecoin Reserve Standards Evolve
In recent developments, coinbase invested in Proshares’ GENIUS Money Market ETF as stablecoin reserve standards evolve. The fund uses short-term U.S. Treasurys, cash, and cash equivalents, giving issuers another compliance-focused…
Grayscale HYPE ETF ‘likely imminent’ as new update shows competitive fee:…
In recent developments, grayscale proposed a fee of 0.29% on its Hyperliquid ETF, which “slightly undercuts” rivals 21Shares and Bitwise that carry respective fees of 0.3% and 0.34%, says analyst…
Bitcoin extends slide as spot ETF outflows hit a record while Wall Street rip…
In recent developments, u.S. spot bitcoin ETFs lost $2.97 billion across 10 trading days through Friday, the longest outflow streak on record. Oil’s bounce on the stalled Iran deal added…
Hyperliquid’s HYPE rally is bigger than a new all-time high
In recent developments, the Hyperliquid HYPE rally reached a new HYPE all-time high of $68.64 on May 30, extending a month that has already delivered roughly 50% in gains and…
Bitcoin retests support below $75,000 as downside pressure holds
In recent developments, bitcoin price fell to below $75,000 on Wednesday, touching $74,600. ETF outflows and broader market headwinds mean downside pressure remains. Analysts say the current price outlook includes…
Bitcoin drops to $73K amid renewed US strikes on Iran and ETF outflows
In recent developments, bitcoin (BTC) is down to around $73K amid ETF outflows and geopolitical tension. Over $2B in ETF outflows and $900M liquidations added selling pressure. The key support…
Could XRP Hit $10 This Bull Run? World’s Highest IQ Holder Thinks So
In recent developments, xRP investment products pulled in close to $12 million in a single day on May 29, pushing total net inflows to roughly $1.42 billion — the token’s…
MyTonWallet Rebrands to My Wallet After Expanding to 11 Blockchains
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