Bessent revealed that while Washington intends to develop a reserve “to get into the 21st century,” it will not be buying coins outright.
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Category: Cryptocurrencies
ETH ETFs Just Hit a $1 Billion Net Inflow Day – Could That Spur Altcoin Rotation This Weekend?
ETH Inflows have reached a record, with U.S. spot Ethereum ETFs drawing $1B in a single session. BlackRock’s ETHA has led with $640M and Fidelity’s FETH has added $277M. Liquidity and participation have expanded across DeFi, L2s, and connected markets.
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$1.05B Liquidation Tsunami Wrecks Crypto Bulls Following Hot US Inflation Data – Bull Run Over?
The crypto bull run has been halted after $1.05B in liquidations followed hotter-than-expected US inflation data. Bitcoin, Ethereum, and other major cryptocurrencies have posted steep losses, with only Cardano remaining in positive territory amid a shift in market sentiment.
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BtcTurk Turkey’s Second-Largest Crypto Exchange Loses $48M in Major Hack – What’s Happening?
BtcTurk, a major crypto exchange in Turkey, has reported a suspected $48M multi-chain breach targeting hot wallets. Cryptocurrency deposits and withdrawals are suspended, but fiat transactions remain unaffected as security teams investigate in coordination with blockchain analysts.
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ETH Roars Toward Record as BlackRock Drives $640M Inflow: CryptoQuant Urges Caution
ETH has neared an all-time high after touching $4,781.24. US spot ETFs have drawn $1B in one day, led by BlackRock ETHA $640M and Fidelity FETH $277M. Spot volume has exceeded Bitcoin’s, while higher exchange inflows have pointed to profit-taking. The ETH/BTC ratio has crossed its 365-day average.
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Stablecoin Speculation Triggers Swings, Hong Kong SFC and HKMA Caution Investors
Hong Kong’s financial regulators have addressed recent stablecoin-related market volatility, stressing that licence approvals hinge on meeting stringent requirements. They urged investors to avoid relying on speculation or early-stage announcements when assessing market prospects.
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Tron Founder Justin Sun Takes Bloomberg to Court to Block Crypto Asset Reveal
Tron founder Justin Sun has sued Bloomberg to block release of what he calls highly sensitive crypto holdings, citing privacy and safety risks.
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Thumzup to Expand Into Crypto Mining, Blockchain Investments After $50M Raise
Thumzup Media Corporation, a social media marketing firm that pivoted into crypto, is ramping up its digital asset strategy following a $50 million capital raise.
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Spot Ether ETFs See $729M in Second-Biggest Daily Inflows, Outperform Bitcoin ETFs
BlackRock’s ETHA led the day with $500.9 million in inflows, followed by Fidelity’s FETH with $154.7 million.
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Upbit Operator Dunamu, MB Bank Partner to Launch Vietnam’s First Domestic Crypto Exchange
Upbit operator Dunamu and MB Bank have signed an MoU to advance Vietnam’s digital asset space by launcing its first domestic crypto exchange.
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