XRP exchange-traded funds are pulling in fresh capital at a pace that puts them at odds with the rest of the market, as investors rotate out of gold and silver ETFs while keeping steady allocations to Bitcoin products amid geopolitical tensions and higher rates. Summary XRP spot ETFs have amassed about $1.4 billion in net
LayerZero said Thursday it has integrated with Canton Network, becoming the first interoperability protocol live on the institutional blockchain and opening a route for tokenized assets on Canton to move across more than 165 public chains. The tie-up is aimed at solving one of tokenization’s biggest bottlenecks, which is how to connect regulated onchain assets
Larry Fink just put a number on his Bitcoin price bet. The BlackRock CEO, who once called crypto a money laundering tool, is now projecting $500 million in annual revenue from digital assets by 2030. That is not a footnote. That is a line item in a shareholder letter from the man running $10 trillion
Bitcoin’s Sharpe Signal is sitting at 0.40, just below the 0.5 threshold that has historically preceded stronger upside phases. CoinMarketCap has identified several key signals shaping the current position of Bitcoin (BTC), and they are far from aligned. Whales are quietly accumulating, retail investors are selling, and short-term holders are in the red, while
Mochi founder Azeem Ahmed sold 550K CVX from a Curve-linked stash as on-chain probes allege over $8M in diverted rewards and $54M in DeFi losses. Summary Mochi Finance founder Azeem Ahmed sold about 550,285 CVX for roughly $946,000, pushing the token down more than 10%. The CVX stack traces back to a 2021 Curve pool
Phong Le, president and CEO of Strategy, who oversees both the enterprise analytics business and the corporate Bitcoin treasury operations, sold 3,299 shares of the company’s Class A common stock this week, according to a recent SEC filing. The shares were sold at an average price of $138, generating more than $456,000 in proceeds. Le
They cut off his finger to prove they were serious. The victim was a cryptocurrency entrepreneur. The ransom demand was over $10 million. And the man allegedly behind Europe’s worst crypto kidnapping just ran out of places to hide. Spanish Civil Guard arrested a French fugitive in Benalmádena, Málaga, under a European Arrest Warrant, according
Nvidia now faces a certified investor class in a long-running securities case tied to the 2017-2018 crypto mining boom. Summary Judge certified investors as a class in Nvidia’s lawsuit over crypto-linked gaming revenue disclosures today. Nvidia faces claims it misled shareholders about mining-driven GPU sales during the 2017 boom period. The case now moves forward
Key takeaways Geopolitical uncertainty is driving market behavior, particularly in relation to the Iran conflict. Skepticism towards US White House headlines is influencing market sentiment. Markets may be overly optimistic about future economic conditions. There is potential for a squeeze in equity markets despite significant risks. Gold’s recent sell-off indicates a shift in market positioning.
ZachXBT revealed Circle restored access to one wallet, which has fueled criticism that its freeze lacked transparency and may have targeted legitimate businesses. Stablecoin issuer Circle has unfrozen the USDC balance in one of the 16 wallets it targeted in a controversial enforcement move earlier this week, according to ZachXBT. In the latest update,