Saturday, December 13

Crypto

US Bitcoin ETFs Break Outflow Streak With M Inflows

United States-listed spot Bitcoin exchange-traded funds (ETFs) broke a five-day outflow streak on Wednesday, recording $75.4 million in net inflows as Bitcoin reclaimed the $92,000 price point. Farside Investors data showed inflows led by BlackRock’s iShares Bitcoin Trust (IBIT), which pulled…

DAT ‘Hotel California’ Meets BlackRock Staked ETH ETF

Concerns are mounting over the sustainability of corporate crypto-treasury firms as BlackRock moves forward with a staked Ether fund that analysts say could compete directly with existing digital-asset treasuries.BitMine Immersion Technologies, the world’s largest corporate Ether (ETH) holder, is currently…

Trump’s WLFI Ignites Centralization Risks With Asset Reallocation

The Trump family-backed crypto project World Liberty Financial has reignited concerns about its ability to freeze and reassign user funds, despite promoting itself as “community governed.”The platform said Wednesday that it will reallocate assets affected in a pre-launch phishing attack…

ARK Invest Buys Bullish, Circle and BitMine As Crypto Stocks Sink

Cathie Wood’s ARK Invest increased its exposure to crypto-related stocks on Wednesday, purchasing Bullish, Circle Internet Group and BitMine Immersion Technologies across multiple exchange-traded funds (ETFs) as crypto stocks slid deeper into the red.According to ARK’s daily trade disclosure, the…

Young Rich Investors Ditching Advisers Over Crypto Access

Money managers may need to rethink their approach to digital assets, with over a third of young, wealthy investors in a recent US survey indicating they had moved on from advisers who don’t offer crypto exposure.Crypto payments provider Zerohash’s survey…

Bitwise XRP ETF Debuts as Community Questions Ticker Choice

Bitwise Asset Management has confirmed that its new spot exchange-traded fund (ETF) tracking XRP is set to launch on Thursday, under the ticker “XRP.”The new fund will go live on the New York Stock Exchange, the asset manager announced, which…

Bitcoin Price Slump Not To Be Blamed On US Government Or AI

Bitcoin’s recent price plunge has little to do with the recent US government shutdown or with the so-called AI tech bubble, according to crypto analysts.Many market participants had speculated that Bitcoin (BTC) — which recently fell to its lowest level…

Crypto Protocols Need End-to-End Decentralization

The crypto ecosystem has made strides in decentralizing blockchains, but the recent Cloudflare incident showed that true resilience requires decentralizing the frontend and storage layers as well, blockchain infrastructure platforms argue. Decentralizing blockchains through consensus, a robust set of validators,…

Crypto Whales Increase Buying as Bitcoin Drops and Market Fear Rises

Bitcoin whale activity could experience its highest spike in weekly transactions this year with Bitcoin falling under $90,000, according to the market intelligence platform Santiment.The increase in whale activity has grown in step with the slump in crypto prices, Santiment…

WhatsApp Worm Spreads Eternidade Stealer Banking Trojan in Brazil

Brazilian crypto holders are urged to be on the lookout for a sophisticated hacking campaign that includes a hijacking worm and banking trojan shared via WhatsApp messages. According to a new report from Trustwave’s cybersecurity research team SpiderLabs, the banking trojan,…

Nvidia’s Record Q3 Earnings Lifts Crypto, Tech Stocks

Tech and crypto stocks rose in after-hours trading on Wednesday after chip maker Nvidia’s third-quarter earnings beat expectations on the top and bottom line, allaying fears of an AI bubble.Nvidia reported record revenue of $57 billion for its third quarter…

Are Futures Traders Jumping Ship?

Key takeaway:BTC derivatives metrics show traders taking precautions, but the data suggests traders are not reaching distressed levels yet.Bitcoin ETF outflows and tech sector weakness keep sentiment subdued, reducing confidence that Bitcoin can hold above $89,000.Bitcoin (BTC) retested the $89,000…

3 Reasons Why XRP Price Could Drop To .55 By December.

Key takeaways:XRP validates a bearish descending triangle, risking a 25% drop to $1.55.A bearish divergence from the weekly RSI points to increasing downward momentum.Low daily active addresses signal muted network activity and liquidity, amplifying XRP sell-off risk.XRP price traded 11%…

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