
Three-Week Bloodbath: Global Crypto ETPs Face $3.8B Wipeout Following Market Correction
Global cryptocurrency exchange-traded products (ETPs) saw $2.9 billion in outflows last week led by Bitcoin, totaling over $3.8 billion across three weeks.
Global cryptocurrency exchange-traded products (ETPs) saw $2.9 billion in outflows last week led by Bitcoin, totaling over $3.8 billion across three weeks.
Binance announced plans to delist all non-MiCA compliant stablecoins for European Economic Area users by March 31, 2025, directing customers to switch to compliant alternatives like USDC and EURI.
Berachain (BERA), one of the quickly rising layer-1 projects in the crypto space, suffers a rumor-based volatility. With speculations of a token unlock coming in Berachain, the investors turn anxious. However, the network remains strong amid growing rumors.
Bitcoin surged 8% on Monday, fueled by Trump’s crypto reserve announcement, with analysts viewing it as a good buying opportunity.
Cardano (ADA) shot up almost 50% in the past 24 hours after US President Donald Trump announced US crypto reserves.
Solana marks a quick recovery with a fresh breeze of recovery and a sentimental shift for the altcoin. The SOL price bounces off from $135 to reach the $180 supply zone. Will this recovery drive Solana beyond $200?
Bybit’s Ethereum cold wallet was compromised on February 21, resulting in a $1.46 billion theft linked to North Korea’s state-sponsored Lazarus Group, adding to their multibillion-dollar crypto crime spree.
Despite Bitcoin’s recent volatility, institutional confidence remains strong with Standard Chartered projecting a $500K target. Meanwhile, North Korean hackers executed the largest crypto theft in history and the SEC ended its Uniswap investigation.
March brings Ethereum’s Pectra upgrade to Sepolia testnet, Humans.ai’s H1uman launch, major crypto conferences in Europe, and significant token unlocks that could influence market dynamics.
Patrick McHenry transitions to the private sector as Vice Chairman at Ondo Finance, where he’ll leverage his congressional experience in cryptocurrency to guide policy matters for the blockchain company.
Cardano and SUI now feature in the Grayscale Smart Contract Fund following its latest rebalancing.
BlackRock has expanded its crypto exposure by adding its iShares Bitcoin Trust (IBIT) to portfolio strategies that allow alternative investments, allocating 1-2% to Target Allocation models.
The Trump Organization has filed a trademark for “TRUMP” to launch a metaverse with branded virtual spaces and an NFT trading platform, building on the family’s expanding portfolio of digital asset ventures.
Bitcoin and crypto ETFs are in bearish mode with market data showing over $3 billion outflow in 8 days.
CME group, the leading derivatives marketplace, known for its crypto support, expands its offering to altcoins. The firm announced its upcoming support for Solana futures contract.