Withdrawals from crypto exchange BitMart appeared to slow after it announced plans to wind down its operations. On Monday, blockchain analytics account Lookonchain reported that only 58 wallets withdrew about $805,000 in over 24 hours. […]
US-listed spot Ethereum exchange-traded funds (ETFs) logged $70.62 million in net outflows on Friday, ending a five-day inflow streak. Ethereum funds saw $211.25 million in net inflows over the previous five sessions from July 17, […]
Viva Republica, the operator of South Korea-based mobile money transfer app Toss, reportedly signed a memorandum of understanding with blockchain company Optimism to test a Korean won-based stablecoin infrastructure for institutional payments. The companies, along […]
TL;DR U.S. spot Bitcoin ETFs recorded $240 million in net outflows on July 24. Spot Ethereum ETFs lost $70.62 million, ending a five-day inflow streak. The combined withdrawals totaled more than $310 million in a […]
Layer-1 blockchain Dango will wind down operations by halting trading on its perpetual decentralized exchange (DEX) on Wednesday and shutting down its network on Aug. 13. “Despite our best effort, various reasons have led us […]
Tether stablecoin USDt has become the second-largest cryptocurrency by market capitalization as Ether fell to its lowest price of the year on Friday Ether’s market capitalization dropped below $185 billion following a 5.2% price crash […]
Perpetual decentralized exchange (DEX) Hyperliquid’s weekly trading volume in tokenized real-world assets (RWAs) exceeded that of all other asset categories combined for the first time. RWAs generated $25.1 billion in trading volume from July 13 […]
Ether is becoming increasingly attractive from a valuation standpoint, particularly relative to Bitcoin, but onchain data suggests the market has yet to reach a definitive cycle bottom, according to CryptoQuant. In its latest weekly report, […]
Kakao Group has partnered with stablecoin issuer Circle to explore payment infrastructure for won-backed stablecoins as South Korea prepares a broader regulatory framework for crypto assets. On Thursday, the companies announced that Kakao, Kakao Pay […]
TL;DR Ethereum is trading near $1,920, testing the upper boundary of its price channel. Previous encounters with this resistance have been followed by profit-taking and short-term corrections. The Fund Market Premium remains positive, indicating futures […]
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