U.S.-listed cryptocurrency exchange-traded funds (ETFs) faced a significant setback Thursday, ending a two-week streak of steady inflows as investors withdrew funds amid heightened market turbulence. Data from SoSoValue revealed that the 11 U.S. Bitcoin ETFs recorded a combined net outflow of $536.4 million, while Ether ETFs saw an additional $56.8 million in withdrawals. Among major issuers, BlackRocks iShares Bitcoin Trust (IBIT) lost $29 million, Fidelitys FBTC reported $132 million in outflows, and Grayscales GBTC shed $67 million. Smaller funds, including Bitwise and VanEck, also...

XRP faced renewed selling pressure between October 1617, slipping 2% from $2.41 to $2.36 as institutions trimmed exposure following a volatile mid-month stretch. Daily trading volume surged past $150 million, signaling heightened activity as long-term holders reduced their positions by 34% in two weeks. The Hodler Net Position Change fell sharply from 163.7 million to 107.8 million XRP, indicating rotation out of existing holdings as investors recalibrated risk. Despite the downturn, derivative market signals turned constructive. Open interest rebounded to $1.36 billion, suggesting traders...

Ethereums price momentum faces renewed scrutiny as analysts highlight a potential bearish MACD crossover on the weekly chart. This technical setup, which has previously preceded major corrections of 43% and 61%, signals that short-term downside pressure may intensify. Currently, Ethereum trades below $4,200 after multiple rejections near $4,700, reflecting weakening short-term sentiment. Despite this, Ethereum maintains a strong structural base. The cryptocurrency continues to form higher lows since early 2025, with solid support around $3,700 and the 50-week moving average acting as a key...

The global crypto market continues its downward spiral today despite U.S. President Donald Trumps latest announcement, which did not involve new tariffs as traders had feared. According to TradingView data, the total crypto market cap has dropped nearly 3%, falling to around $3.6 trillion. Bitcoin (BTC) leads the decline, slipping from an intraday high of $111,000 after a $127 million short position was opened by the so-called Trump Insider Whale just before the announcement. This same whale previously shorted $735 million worth of Bitcoin before Trumps 100% China tariff announcement last...

The long-standing debate between gold and Bitcoin (BTC) has reignited after economist Peter Schiff criticized Bitcoins recent performance. Schiff argued that Bitcoin cannot yet be considered digital gold nor a valid alternative to the U.S. dollar, citing its recent 32% decline against gold since August. He described the trend as a de-bitcoinization phase, claiming investors are losing faith in BTCs long-term value. Schiff asserted that Bitcoins inability to maintain its value proves that gold remains the superior hedge against monetary instability. Gold is eating Bitcoins lunch, Schiff wrote,...

Bybit Limiteds Kazakhstan branch, licensed by the Astana Financial Services Authority (AFSA), has successfully demonstrated a groundbreaking crypto transaction using a QR code. The live demonstration occurred at the Digital Bridge 2025 forum, Central Asias largest fintech event, marking a significant step toward merging blockchain innovation with national payment systems. Through Bybit Pay, users can scan standard merchant QR codes to complete purchases directly from their crypto wallets. The system automatically converts crypto payments into Kazakhstani Tenge (KZT), allowing everyday...

Ripple has taken another bold step in its global expansion strategy with the acquisition of GTreasury for a staggering $1.25 billion. The move, announced by CEO Brad Garlinghouse, marks Ripples entry into the corporate treasury management space, sparking excitement across the XRP community and renewed interest in XRP and its RLUSD stablecoin. The deal aims to merge Ripples blockchain technology with GTreasurys worldwide cash management infrastructure, enabling CFOs to handle stablecoins, tokenized deposits, and idle capital through decentralized finance (DeFi) solutions. Prominent pro-crypto...

The crypto industry and major Wall Street firms are racing to build stablecoin infrastructure ahead of formal U.S. regulations, but Federal Reserve Governor Michael Barr has warned that these efforts come with significant risks. Speaking at DC Fintech Week, Barr cautioned that even nominally safe private money can trigger financial instability if reserves are not adequately safeguarded. Barr highlighted that issuing liquid liabilities backed by questionable assets could expose stablecoins to run risks. He noted that allowable reserveslike uninsured depositspose dangers similar to those that...

U.S. stocks declined on Thursday as rising credit concerns and a slowing economy rattled investors. JPMorgan CEO Jamie Dimon warned that the recent financial troubles could be just the beginning, likening the situation to seeing one cockroach and expecting more to follow. His remarks came after the bankruptcies of auto parts supplier First Brands and subprime auto lender Tricolor Holdings earlier this fall. The fallout has hit Jefferies (JEF) hard the bank that backed First Brands with shares plunging 25% over the past month, including a 9% drop Thursday. Jefferies maintains it can...

Daylight, a decentralized energy company, has raised $75 million to accelerate the growth of its blockchain-based power network. The firm announced the funding on X (formerly Twitter) on Thursday, highlighting its mission to revolutionize energy distribution through decentralized technology. The funding round includes $15 million in equity financing led by Framework Ventures, with participation from major investors such as a16z crypto, M13, EV3 Ventures, and Lerer Hippeau. In addition, Turtle Hill Capital contributed $60 million in project financing to support the expansion of Daylights...