After eight weeks of steady withdrawals, Bitcoin and Ether ETFs saw a reversal with combined inflows of $282 million from July 6 to July 10. Bitcoin ETFs gained $197.4 million, led by Blackrock's IBIT, while Ether ETFs added $84.42 million, showing stronger relative demand. This marks a sign of easing redemption pressure and renewed institutional interest amid Bitcoin's price rebound near $63,000. The recovery remains uneven and its sustainability will depend on upcoming inflation, jobs data, and Federal Reserve policies.
Shinhan Asset Management signed a four-party memorandum to test a Korean won-denominated tokenized investment fund using the Solana blockchain. The pilot project covers investor verification, token issuance, distribution, and onchain liquidity, invol...
MANTRA Chain paused its blockchain operations after an attacker exploited a software vulnerability in an external dependency, freezing all transactions, deposits, and withdrawals. This caused the MANTRA token to drop to a record low before partially ...
Hyperliquid, a decentralized perpetual futures exchange, saw a 31% increase in fee revenue in August year-over-year due to higher trading volume, more active users, and growing market share. Its native token HYPE rose to around $73.53 amid positive m...
Ripple's XRP surged more than 20% to around $1.16, driven by a broad crypto market rally and encouraging regulatory developments in the US. Large holders bought over 300 million XRP tokens within four days, tightening supply and pushing prices above ...
Bitcoin surged past $75,000 for the first time since May, rising nearly 20% in a week due to a combination of US Treasury bond buybacks lowering yields, a historic short squeeze liquidating over $3.5 billion in shorts, and positive developments in US...
