Spot Bitcoin exchange-traded funds (ETFs) ended a bruising month of withdrawals with a modest turnaround, posting roughly $70 million in net inflows for the week. The reversal follows four straight weeks of heavy outflows that drained about $4.35 billion from the sector and pushed net assets sharply lower, according to data from SoSoValue. The highest…
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Bitcoin may be carving out a short-term bottom after weeks of heavy selling, with one market analyst arguing that conditions are in place for a relief rally toward the $100,000–$110,000 range. In a recent video, trader Mister Crypto said Bitcoin (BTC)’s short-term structure shows signs of stabilization following what he described as “capitulation” across the…
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Crypto veteran Arthur Hayes has issued a warning over Monad, saying the recently launched layer-1 blockchain could plunge as much as 99% and end up as another failed experiment driven by venture capital hype rather than real adoption. Speaking on Altcoin Daily, the former BitMEX chief described the project as “another high FDV, low-float VC…
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Terraform Labs co-founder Do Kwon asked a US judge to cap his prison time at five years for his role in the collapse of the Terra ecosystem, which erased about $40 billion from crypto markets in 2022. In a court filing on Wednesday, Kwon argued that a longer term would be excessive given the punishment…
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Spain’s Sumar parliamentary group has introduced amendments to reform three major tax laws affecting cryptocurrencies, including the General Tax Law, Income Tax Law, and Inheritance and Gift Tax Law. The proposal would change how crypto profits are taxed, shifting gains from non-financial-instrument assets into the general income tax bracket, which raises the top rate to…
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Portfolio diversification has overtaken the pursuit of the “crypto megatrend” as the top reason for investing in crypto in 2025, according to Sygnum Bank’s new Future Finance Report 2025. According to the report, 57% of respondents now view diversification as their primary motivation for investing. This surpassed last year’s top driver, exposure to crypto’s long-term…
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Despite steep redemptions from Bitcoin and Ethereum ETFs, Solana attracted $369 million of inflows this month as investors increasingly positioned SOL as a yield-generating asset. According to Bohdan Opryshko, co-founder and chief operating officer of Everstake, both institutions and retail holders are “treating Solana as a yield-generating asset rather than a speculative trade.” He told…
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Bloomberg Senior ETF Analyst Eric Balchunas has warned that Zcash may adversely impact Bitcoin at this crucial moment. In a recent post on X, Balchunas said Zcash (ZEC) has “third-party candidate vibes, like Gary Johnson or Jill Stein,” arguing that pushing a separate privacy coin risks “splitting the vote” when Bitcoin (BTC) needs unified political…
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Crypto Dispensers, a Chicago-based operator of Bitcoin ATMs, is considering a potential $100 million sale as its founder faces federal money laundering charges. In a Friday press release, the company announced that it has hired advisors to conduct a “strategic review” and explore buyer interest. Crypto Dispensers mentioned its 2020 shift away from physical ATMs…
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Spot crypto exchange-traded funds (ETFs) saw a rebound at the end of the week, with all Bitcoin, Ether and Solana funds seeing inflows after a week of volatility and downturns. On Friday, spot Bitcoin (BTC) ETFs attracted $238.4 million in net inflows after a wave of heavy redemptions the day before. BlackRock’s IBIT drove the…
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