Crypto

Equity screens show a broad red, with the S&P 500 down around 1.8% and the entire crypto market under pressure simultaneously. What appears to be an unexplained wipeout is, in fact, a layered move driven by interest rate expectations, crowded positioning in tech and AI names, and a shift in global risk appetite that is […] The post Why is everything down? Macro shock turns Bitcoin and other risk assets red across the board appeared first on CryptoSlate.

Cathie Wood’s investment company, ARK Invest, is back to buying Circle, making its first purchases since selling 1.7 million shares in June. Cathie Wood’s investment company ARK Invest is back to buying shares of USDC issuer Circle as the stock sinks below $90. ARK bought a total of 542,269 Circle (CRCL) shares over the past two trading days, investing around $46 million, according to the firm’s daily trading disclosures seen by Cointelegraph. The two acquisitions — a $30.4 million purchase on Wednesday and a $15.5 million buy on Thursday — came amid a decline in CRCL shares, which closed at $86 and $82.30, respectively. Read more

Bitcoin ETFs saw $866 million in outflows as the US shutdown ended, pushing BTC to a six-month low and raising concerns over market structure and investor demand. 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 Investors. This marked the second consecutive day of outflows for the Bitcoin ETFs, as the end of the 43-day US government shutdown failed to reignite investor appetite. Read more

Was the ETF launch a classic sell-the-news event?

BlackRock’s iShares Bitcoin Trust totaled more than a quarter billion in investments, in the worst day of Bitcoin ETF outflows since February.

XRPC posted $245 million inflows despite sub-$60 million day-one volume thanks to massive in-kind creations.

Ether strengthens against bitcoin, raising hopes of a bullish breakout.

Bitcoin falls below $100K to $97K amid rising whale and miner selling. Key supports at $95K, $82K, and $66K now under watch by traders.

Aave said compliant, audited payment pathways are crucial for onboarding new users to decentralized finance. Aave Labs became one of the first major decentralized finance (DeFi) projects to secure authorization under Europe’s new Markets in Crypto-Assets (MiCA) regulation, allowing the company to offer regulated stablecoin ramps across the European Economic Area (EEA). The approval enables “Push,” Aave Labs’ fiat-to-crypto service, to let users convert between euros and crypto assets, including the Aave protocol’s native stablecoin, GHO. The Central Bank of Ireland granted the authorization to Push Virtual Assets Ireland Limited, a wholly-owned subsidiary of Aave Labs.  The company selected Ireland for its European operations, signaling that the country is becoming a preferred hub for compliant onchain finance under MiCA. On June 25, the crypto exchange Kraken secured its MiCA authorization in Ireland, allowing it to expand its offerings across Europe.  Read more

The total crypto market cap is down by roughly $200 billion daily.

Investors have pulled out $2.64 billion over three weeks

This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum is down 4% this week as the market remains bearish. The price continues to hold above the $3,000 support, but buyers appear absent, which may extend the downtrend. With sellers in control since the start of November, momentum […]

Tether becomes more dominance as BTC loses ground.

Brutal selloff breaks psychological $2.30 floor, erasing recent gains as distribution overwhelms historic XRPC debut.

China’s latest dataset showed economic activity cooling far more than expected, creating selling in Asian stocks in Friday trading hours.

The case will hinge on evidence of whether competitors are truly blocked from Apple's iOS ecosystem, a legal expert told Decrypt.

The XRPC ETF narrowly surpassed Bitwise’s Solana ETF in first-day trading volume.

Is XRP ready to chart further gains in the following weeks?

Investors retreated across risk assets on Thursday as Bitcoin’s slide hints at fading demand and heavier long-term holder selling.

Major cryptocurrencies and gold and silver have been on diverging trends despite the pause in the dollar rally.