Author: Admin-aX9d7
Investors pull $795 million from crypto ETPs, XRP continues to buck trend with inflows
The digital asset market faced another challenging week, with $795 million in outflows recorded across crypto investment products, according to CoinShares‘ latest weekly report.This marks the third consecutive week of declines, underlining growing caution among investors navigating global economic headwinds.The ongoing streak of negative sentiment has pushed total outflows since early February to $7.2 billion. These withdrawals have nearly erased 2025’s earlier gains, leaving net inflows for the year at a modest $165 million.CoinShares’ Head of Research, James Butterfill, noted that much of the recent investor caution stems from renewed tariff tensions involving the United States and China.Last week, the United States…
The year 2025 marks the emergence of a new dynamic in the crypto market. While Bitcoin continues to dominate the market, recently reaching $94,000, altcoins are carving out their own path with a market capitalization now reaching $1.05 trillion. L’article Altcoins’ Surprising Strength In Bitcoin’s Shadow est apparu en premier sur Cointribune.
If you haven’t heard, there’s a huge court battle playing out between two HR and payroll services rivals, Rippling and Deel (they’re both suing each other). So, what does this have to do with our industry? Well, there’s a separate ongoing court case happening between two crypto companies. It’s a little complicated, so bear with me. In December of last year — so before Rippling filed its suit — Toku accused its rival firm, Liquifi, and its new general counsel, Benjamin Snipes, of stealing thousands of files containing sensitive business information after Snipes left Toku on not-so-pleasant terms. The lawsuit…
The hacker behind the $5.8 million recent Loopscale exploit is in talks to return the stolen funds in exchange for a bounty, the Solana-based protocol said. The exploiter pilfered approximately 5.7 million USDC (USDC) and 1,200 Solana (SOL) tokens from two of Loopscale’s yield vaults on April 26, prompting the decentralized finance protocol to temporarily pause its lending markets. The following day, the hacker sent a message on the Etherscan blockchain scanner “indicat[ing] a willingness to return the exploited funds in exchange for a bounty,” Loopscale said in an April 27 X post. “We are agreeable to collaborating with you to reach a…
Despite growing competition from emerging issuers, the stablecoin market remains largely dominated by a few key players. According to data from Web3 research firm Nansen, Tether’s USDt continues to lead among US dollar-pegged stablecoins, even as competition intensifies.As of April 25, Tether (USDT) has a roughly 66% market share among stablecoins, compared to around 28% for USDC (USDC), Nansen said in the April 25 report. Ethena’s USDe stablecoin ranks a distant third, touting a market share of just over 2%. Nansen expects Tether’s lead to endure even as rivals such as USDC clock faster growth rates. “With nearly 3x as many…
The total supply of Bitcoin on exchanges has reached its lowest level in seven years, after dropping to 2.488 million BTC on Friday.Exchange reserves currently sit at 2.492 million, having increased by around 40,000 BTC over the weekend, yet the level remains its lowest since October 2018, according to CryptoQuant data.This exodus comes as Bitcoin’s price sits at $95,400, with the coin now looking to build on gains posted last week, after the Trump administration voiced willingness to reach a deal on tariffs with China.And while the exchange balance is reaching seven-year lows, Bitcoin funds witnessed $3.2 billion in inflows…
Lawmakers in the Arizona House of Representatives have voted to pass two bills that could allow the state to adopt a reserve using Bitcoin (BTC) or other cryptocurrencies.In a third reading on April 28 of the Senate Bill 1025 (SB1025), a proposal to amend Arizona’s statutes to allow for a strategic BTC reserve, 31 members of the Arizona House voted in favor of the bill, with 25 opposed. A similar bill, SB1373, to establish a state-level digital assets reserve, passed with 37 lawmakers in favor and 19 voting nay.“This bill basically takes the approach that probably 15 other states are…
Bitcoin on Track for Record Price This Quarter as Investors Reallocate Assets: Standard Chartered
In brief Bitcoin was largely trading sideways this month. But BTC has regained ground and crypto ETFs generating large inflows. Standard Chartered said American investors are reallocating their positions into the asset. Bitcoin will hit an all-time high of $120,000 this quarter and reach $200,000 by the end of the year as investors increasingly pull money from U.S. assets, and based on other indicators, an analyst at Standard Chartered said in a note Monday. The bank’s Global Head of Digital Assets Research Geoffrey Kendrick highlighted rising yields–which have correlated with past Bitcoin price jumps–accumulation of Bitcoin by whales, and the past…
In brief Bitcoin hovered around $95,000 for much of the day. Ethereum and Solana were down slightly. Key reports on the jobs market and inflation are due out on Tuesday. The price of Bitcoin hovered around $95,000 on Monday, as investors looked for signs of progress on trade negotiations ahead of key data releases this week, which may show how U.S. President Donald Trump’s tariffs are affecting inflation and the economy.The largest cryptocurrency by market capitalization was recently trading hands around $94,800, a 0.4% increase over the past 24 hours, according to crypto data provider CoinGecko. Most altcoins showed slight…
21h05 ▪ 3 min read ▪ by Ariela R. The Chinese giant Huawei has just reached a strategic milestone in the global AI battle. Indeed, the company is currently testing its new Ascend 910D chip. It is designed to surpass Nvidia’s famous H100. A breakthrough with significant consequences, amid strengthened American sanctions against China! In brief Huawei is testing its Ascend 910D AI chip to compete with Nvidia and bypass American sanctions. China is strengthening its technological autonomy in AI amid export restrictions imposed by the United States. Huawei strengthens its game with the Ascend 910D to dominate the AI…