Key Takeaways Around $114 million was withdrawn from BlackRock’s Bitcoin ETF on Friday. The outflows reflect ongoing volatility and decreasing institutional appetite for Bitcoin exposure. Share this article BlackRock’s iShares Bitcoin Trust (IBIT) saw approximately $114 million in net inflows on November 28 amid ongoing crypto market volatility. The substantial outflow comes as many investors…
The big story in the crypto news today is how surprisingly calm the market looks after what could’ve been a much bigger shake-up. BTC USD is still parked around $90,000, and ETH USD keeps inching upward. These all happened even after that sudden Chicago data center outage that briefly froze global trading screens. Once the…
PI has lost some of its recent momentum in the past 24 hours. Bitcoin’s price recovery attempts that began last weekend took it to just over $93,000 on Friday, but the asset met an immediate resistance there and was driven south by three grand. Most larger-cap alts are also in the red on a…
Nasdaq’s International Securities Exchange (ISE) has decided that Bitcoin options are hot right now. Summary Nasdaq ISE is seeking to raise the trading cap for BlackRock’s iShares Bitcoin Trust ETF (IBIT) options from 250,000 to 1 million contracts. Deribit — still the dominant crypto-options exchange — reached a record ~$50.27B in BTC options OI with…
Key Takeaways CoinShares has withdrawn its registration filings for three crypto ETFs tied to XRP, Solana, and Litecoin. The move comes as CoinShares intends to list on Nasdaq. Share this article CoinShares, Europe’s leading digital asset investment firm, on Friday filed with the SEC to withdraw its registration statements and amendments for three crypto exchange-traded…
A new crypto partnership meant to steady FC Barcelona’s finances has instead become a public headache within days. FC Barcelona is facing growing criticism after confirming in mid-November that a Samoa-based company, Zero-Knowledge Proof (ZKP), would act as the club’s “Official Cryptographic Protocol Partner.” But by November 26, the club moved to distance itself from…
PI has been among the top performers lately, can it continue? Pi Network’s native token has somewhat defied the monthly crisis in the cryptocurrency markets. It’s down by 3% but this is quite insignificant compared to other digital assets, such as BTC, ETH, BNB, and SOL, all of which have plunged by more than…
RLUSD recently surpassed $1 billion in supply on Ethereum, as the token gains regulatory approval in Abu Dhabi. Summary Ripple’s RLUSD stablecoin surpassed $1 billion on Ethereum The token grew to this level in less year since launch RLUSD recently secured regulatory approval in Abu Dhabi While the rest of the crypto markets are seeing…
Key Takeaways Kalshi is facing a proposed class action lawsuit alleging illegal unlicensed sports betting and market manipulation. The complaint argues that Kalshi violated state gambling laws and engaged in deceptive or unfair business practices. Share this article A group of users has initiated a lawsuit against Kalshi, accusing the prediction market of running a…
In crypto news today, traders are fixating on the Federal Reserve’s growing rate cut odds, the viral resurfacing of the Space Quest Bitcoin imagery, and ongoing accumulation moves from Tom Lee. The jump to an 85% probability for a December rate cut has become one of the biggest catalysts discussed across crypto news today, and…
