Crypto News
Bitcoin ETFs See $588 Million Inflow As Market Momentum Continues
The positive momentum on bitcoin ETFs continued with another day of net inflows worth $588 million, while ether ETFs bounced back with a net inflow of $67.77 million. Bitcoin and Ether ETFs Record Significant Inflows As Market Confidence Strengthens U.S. spot bitcoin exchange-traded funds (ETFs) recorded a significant net inflow of $588.22 million on Thursday,Source link
Trump Tariff Promise Snuffs Out Bitcoin Rally for Second Consecutive Day
It's deja vu all over again in crypto after a hopeful report on a tariff delay was refuted by the White House.To review, President Trump on Thursday promised to impose 25% tariffs on Mexico and Canada beginning Saturday Feb. 1. Having rallied over $106,000 prior to that news, bitcoin (BTC) quickly reversed 2% lower to around the $104,000 level. U.S. stocks gave up a chunk of earlier gains, though still finished the session in the green.Friday then brought a report from Reuters suggesting the tariffs would be delayed until March 1 as a process was put in place to allow countries to seek exemptions for certain exports.The White House, though, called that report "false," with Trump's Press Secretary Karoline Leavitt...
Weekly Recap: Ripple Makes Waves and Stablecoins Surge
It was another busy week at CoinDesk as the new Trump Administration continued to roll out a pro-crypto agenda and the industry laid the groundwork for growth in the new cycle.
Ripple was at the center of the news. Ondo Finance announced it would offer tokenized treasuries on Ripple’s XRP Ledger, Kris Sandor reported. The San Francisco company also said XRP Ledger would offer clawback features, enhancing liquidity for Ripple’s dollar-pegged stablecoin RLUSD, Shaurya Malwa reported. Meanwhile, CEO Brad Garlinghouse lobbied for XRP to be included in any national crypto reserve, riling Bitcoiners who say the reserve should be bitcoin-only. Omkar Godbole had that news, along with several incisive market analyses (his Daybook daily update is a must-read).In other protocol news,...
Solana Meme Coin Dogwifhat Has No Deal With Las Vegas Sphere, Venue Says
Dogwifhat will not appear on the Las Vegas Sphere, a spokesperson told Decrypt, despite indications from the Solana meme coin's backers.Source link
ETH Gains on BTC—Altcoin Season Index Vaults Higher as Crypto Frenzy Escalates
Following Jan. 30, 2025, blockchaincenter.net’s Altcoin Season Index reveals a 28.26% leap, vaulting from a low of 46 to its present tally of 59—a numerical crescendo hinting that the fabled ‘Altcoin Season’ inches toward fruition. Across social media platforms like X, crypto-focused commentators now trumpet with scholarly fervor that this cyclical financial spectacle may soonSource link