The debut of the Canary Capital XRP exchange-traded fund (ETF) is signaling renewed demand for altcoins, after the fund posted the strongest first-day performance of the more than 900 ETFs launched in 2025. Canary Capital’s XRP (XRP) ETF closed its first day with $58 million in trading volume, marking the most successful ETF debut of…
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Demand for Bitcoin and crypto-linked investment funds continued to decline Thursday, despite the long-awaited end of the 43-day US government shutdown. US spot Bitcoin (BTC) exchange-traded funds (ETFs) saw $866 million in net outflows on Thursday, marking their second-worst day on record after the $1.14 billion daily outflows on Feb. 25, 2025, according to Farside…
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Metaplanet’s quarterly Bitcoin valuation gains dropped sharply as the aftermath of October’s crypto market crash continues to weigh on corporate Bitcoin treasuries. Japanese investment company Metaplanet recorded 10.6 billion yen or $1.4 billion in Bitcoin (BTC) valuation gains during the third quarter of the year, down 39% from the 17.4 billion yuan ($2.4 billion) it…
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Taiwan is preparing to issue a report on its Bitcoin holdings, signaling that officials are weighing whether the country should follow the United States in creating a national Bitcoin reserve. Zhuo Rongtai, premier of the Republic of China (Taiwan), said the country is preparing a report to assess the total amount of Bitcoin (BTC) confiscated…
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Cryptocurrency-based yield products still lag far behind their traditional finance (TradFi) counterparts, but new blockchain sectors such as liquid staking tokens (LSTs) and real-world assets (RWAs) are steadily closing the gap, according to a new report co-authored by RedStone Oracles, Gauntlet, Stablewatch and the Tokenized Asset Coalition, shared with Cointelegraph. Only 8% to 11% of…
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Bitcoin exchange-traded fund (ETF) investments are showing signs of recovery, signaling a return of risk appetite following a record crypto market crash in early October. US spot Bitcoin ETFs saw $524 million worth of cumulative net inflows on Tuesday, marking the highest daily amount since Oct. 7, according to data from Farside Investors. The $524…
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Leading financial institutions are continuing to explore blockchain technology to facilitate cheaper and faster institutional payments, signaling a growing interest in tokenization solutions. US investment bank JPMorgan and Singapore multinational banking group DBS announced Tuesday that they are developing a blockchain-based tokenization framework to enable onchain transfers between their deposit token ecosystems. The effort aims…
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The lack of demand for spot Bitcoin exchange-traded funds (ETFs) is raising concerns about Bitcoin’s prospects for the rest of the year, even as the US government appears to be nearing the end of its 41-day shutdown. On Monday, the US Senate approved a funding package, bringing Congress one step closer to ending the shutdown.…
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Nasdaq-listed Bitcoin mining company CleanSpark is raising capital to expand its mining and data center operations, as major miners pivot toward artificial intelligence (AI) infrastructure. CleanSpark announced a $1.15 billion senior convertible note offering on Tuesday, aiming to raise more capital to expand its Bitcoin (BTC) mining operations. The miner estimates it will raise about…
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Institutional investors are maintaining confidence in digital assets despite a sharp market correction in October, with most planning to expand their exposure in the months ahead, according to new research. Over 61% of institutions plan to increase their cryptocurrency investments, while 55% hold a bullish short-term outlook, Swiss crypto banking group Sygnum said in a…
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