Crypto News

Bitcoin ETFs finally broke their 10-day inflow streak with a sharp $359 million in outflows led by Fidelity and Grayscale. Meanwhile, ether ETFs defied the trend, posting their ninth consecutive day of inflows, totaling $91.93 million. Bitcoin ETFs End 10-Day Inflow Streak as Ether ETFs Push to Day 9 With $92 Million Inflow After 10Source link

By Francisco Rodrigues (All times ET unless indicated otherwise)Cryptocurrency markets fell Friday as renewed concerns over U.S. trade policy unsettled traditional markets and outweighed news that otherwise might be seen as positive for the industry.The CoinDesk 20 (CD20) Index, a measure of the broad crypto market, fell 4.4% to 3,129 in the past 24 hours. And while bitcoin BTC slipped 2.8% to around $105,300, it's worth keeping in mind the largest cryptocurrency has held above $100,000 for more than 20 consecutive days in a sign of persistent investor demand. The sell-off came as a U.S. appeals court reinstated trade tariffs blocked by a lower court, which had ruled them illegal. The reversal reignited concerns of an extended trade war. Treasury...

SUI plummeted 9.25% from $3.72 to $3.38, with heaviest selling during midnight hours UTC on volume 78% higher than daily averageThe recent correction comes amid broader geopolitical tensions affecting cryptocurrency markets globally. While Bitcoin has shown resilience above critical resistance zones, SUI has faced downward pressure despite strong fundamentals. The Cetus Protocol exploit that resulted in $223 million in stolen assets (with $162 million frozen) has created uncertainty, though the Sui community appears poised to approve a recovery plan with 71% of validators already voting "yes" to return the frozen funds.Technical Analysis BreakdownSUI-USD dropped from a high of $3.728 to a low of $3.383, representing a 9.25% correction.Strongest selling pressure occurred during the midnight hour (00:00) with 4.0% price drop...

Justin Drake, an Ethereum Foundation researcher, claims that the security model of the Bitcoin network is broken, as transaction fees have failed to reach a significant fraction of the total network earnings, including the block subsidy. Bitcoin Security Model at Risk, Proof-of-Work Not Sustainable, Says Ethereum Researcher The security budget of the Bitcoin network isSource link

In the past 24 hours, Uniswap's native token UNI experienced a marked decline due to volatile market conditions. The price movement from $7.119 to $6.532 indicates substantial downward pressure, amplified by macroeconomic factors like overall market bearish trends and investor sentiment. At the same time, microeconomic elements, including Uniswap's latest protocol advancements and strategic interest from crypto whales, provide counterbalancing support points, potentially staving off further price declines. Despite the dip, long-term confidence might build as Uniswap gains traction with its latest innovations, suggesting strategic investor consideration.Technical Analysis HighlightsUNI price plummeted from $7.119 to $6.532 in 24 hours.Intermediate support was found at $6.40, buoyed by significant trading volumes, according to CoinDesk Research's technical analysis data model.The price attempted recovery reaching...