Hyperliquid responds to validator concerns over centralization, causing a 15% drop in HYPE token price.
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Ethereum ETFs lose $86.8 million recording no inflows The nine Ethereum ETFs recorded an $86.8 million outflow for the day pulling in no funds. It has been a rollercoaster for the Ethereum ETFs ranging between both extremes. Ethereum ETFs recorded all inflows and no outflows a day before yesterday. The opposite was the case yesterday with…
The 11 Bitcoin ETFs recorded heavy outflows from various funds draining major inflows into funds like Blackrock’s IBIT. The Outflows put an end to a two-day streak of inflows into the Bitcoin ETFs totaling nearly $2 billion. The outflows resurfaced after two days of only inflows in both Bitcoin and Ethereum ETFs. Five out of…
Key Takeaways: Fidelity forecasts rising Bitcoin adoption among nations by 2025 to counter economic instability. The report highlights Bitcoin’s role as a reserve asset, strengthening financial systems and global competitiveness. It predicts tokenized assets could double, with blockchain adoption boosting payments and settlements efficiency. Fidelity Digital Assets forecasts a surge in Bitcoin (BTC) adoption among nation-states…
XRP Investors cashed in $1.6 billion in profit-taking as frustration over the crypto assets price stagnation grows. XRP which flipped Tether USDT late last year has spent six weeks on a price lag forcing investors to take profit. In 24 hours, nearly 695 million XRP tokens were sold signaling frustration amongst XRP holders. Price stagnation…
The Kazakhstan Government shut down 36 illegal cryptocurrency exchanges in 2024 following a joint work with the National Security Committee and the Ministry of Culture and Information. The development was announced on Jan 6 by the Financial Monitoring Agency of the Republic of Kazakhstan. Besides the 36 crypto exchanges shut down, about 3500 illegal online…
Ripple CEO Brad Garlinghouse meets Donald Trump at Mar-a-Lago, signaling a strong start to 2025 with new legal victories and XRP price optimism.
Key Takeaways: Bitfinex gained a DASP license in El Salvador, enabling regulated crypto derivatives trading. The license enforces AML, KYC compliance, transparency, and investor protections under El Salvador’s digital asset laws. Bitfinex’s approval strengthens El Salvador’s crypto hub status, boosting blockchain services and adoption. Bitfinex Derivatives has received a Digital Asset Service Provider (DASP) license…
The Czech Republic is exploring Bitcoin as a strategic reserve, following growing interest in national Bitcoin adoption.
Michael Barr’s resignation from the Federal Reserve Board signals potential shifts in crypto regulations, leaving a significant impact on U.S. banks and digital assets.