Bitcoin tests $58K as ETF outflows hit $2.2B
Eight straight weeks of spot ETF withdrawals, Strategy's mNAV slipping below 1, and a Fed hold at 3.5-3.75% have stripped the buyer stack that defined the post-ETF bull case, putting $53K-$54K on the…
Market-moving crypto headlines from the last 24 hours.
Eight straight weeks of spot ETF withdrawals, Strategy's mNAV slipping below 1, and a Fed hold at 3.5-3.75% have stripped the buyer stack that defined the post-ETF bull case, putting $53K-$54K on the…
The new stablecoin hands reserve income to 140 partners and lets them route the cash into DeFi liquidity, wallet cashback, and lending boosts, a direct shot at Circle's $653M quarterly reserve engine.
The bank also zeroed its 12-month ETF inflow forecast, citing $3.3B in year-to-date Bitcoin ETF outflows and a stalled U.S. crypto legislative agenda.
The cut lands as spot BTC ETF flows turn negative and a major Wall Street desk openly resets its base case lower, a rare public downward revision from a top-tier bank.
A suspect accumulated nearly half a token's circulating supply before dumping on a domestic exchange, in one of two manipulation cases the FSC escalated this week.
The disclosure itself is certified as compliant, but every category it lists, from $635M in memecoin royalties to 15.75B World Liberty governance tokens, is one Congress is trying to define through…
A 20% drop is the headline, but the monthly chart's near-wickless Marubozu candle is the stronger tell: sellers never faced a real challenge for 30 straight days, and analysts now read a path toward…
The headline number is brutal, but the structural read is worse: BlackRock's IBIT alone handed back $3.55B, and the streak kept extending into the final session of the month.
The framework brings fraud and market-manipulation penalties to a market that ran largely unsupervised, and gives stablecoin issuers a defined issuance regime for the first time.
The Russell reconstitution is the second blow in a week: passive selling pressure stacks on top of Open Standard's new alliance stablecoin, and CRCL is now trading around $62.
Virtual asset service providers will need an FSC license within 12 months, stablecoin issuers face 100% reserve mandates and dual central-bank approval, and unauthorized operators risk seven years in…
The framework moves crypto into a defined legal regime under the FSC, marking the island's most concrete step yet to legitimize institutional participation while applying AML and licensing rules.
The third-reading passage hands the FSC licensing authority over crypto exchanges and stablecoin issuers, drawing the regulatory line Taipei spent five years drafting.
The $4.5B June outflow beats the worst months of the 2024 bear stretch, and the cited driver, SpaceX's IPO absorbing risk-on capital, reframes the flow as rotation rather than a structural unwind of…
A record $23.1T print and the largest single-month expansion since the 2021 stimulus wave point to liquidity conditions risk-on assets have been waiting on.
A freshly created address absorbed $15.4M of Ether off Binance and routed it straight into staking, a pattern that locks supply and signals long-horizon conviction rather than trade.
Reversing a year of diffusion-era controls, Washington clears Fable 5 for shipment to every market, handing Anthropic its widest legal distribution lane yet.
The headline number is the income, but the absence of a divestiture or blind trust is the part ethics lawyers will read; crypto is now the President's largest disclosed revenue stream.
A sitting VP revealing a direct BTC position is a first for the role, and the disclosure lands as Washington softens its posture on Bitcoin and stablecoin legislation.
A UAE-licensed private bank making a nine-figure BTC allocation is the kind of TradFi footprint the institutional thesis has been waiting on, and the move lands in a thinning pool of Gulf…