Bitcoin Leads First Major Weekly Crypto ETP Outflows of 2025 at $430M
Crypto ETPs Experience Significant Sell-Off Amid Economic Concerns Cryptocurrency exchange-traded products (ETPs) recorded significant outflows last week, marking the first major sell-off of 2025. According to a report from CoinShares on 17 January, crypto ETPs saw total outflows of $415 million, with Bitcoin (BTC) leading the decline with $430 million
Why Is Solana (SOL) Price Falling Today?
Solana Faces Losses Amid Declining Onchain Activity and Scam Concerns Solana (SOL) has emerged as one of the worst-performing cryptocurrencies over the last 24 hours, with its price dropping by 6.80% to $180.80 on 17 February. This decline outpaces the broader crypto market’s overall loss of 1.72%. Several factors are
Today in Crypto: Key Developments and Market Trends
Libra Token Crashes After $107 Million Insider Rug Pull A cryptocurrency endorsed by Argentine President Javier Milei has collapsed after an alleged insider rug pull, wiping out nearly 94% of its value within hours. The Libra (LIBRA) token initially surged to a market capitalisation of $4.56 billion at 10:30 pm
Ethereum Targets March 2025 for Pectra Mainnet Upgrade
Ethereum devs have begun preparations for the awaited Pectra mainnet upgrade, which is now scheduled for March 2025. Originally scheduled for late 2024, this upgrade was delayed because of added features and scope. The upgrade is designed to increase the efficiency and user experience of the Ethereum network almost ninefold. Early key
Market Dynamics Are Affected by Trump’s Tariff Plans
In a bold move, President Donald Trump is considering declaring a national economic emergency to roll out a comprehensive tariff regime targeting both allies and adversaries. This initiative, potentially enacted under the International Economic Emergency Powers Act (IEEPA), seeks to alter global trade dynamics significantly. What Motivates Trump’s Tariff Approach?
Mastercard Tokenises 30% of Transactions in 2024, Recognises Stablecoins as Competition
Mastercard Reports Significant Progress in Payment Innovations Multinational payment services giant Mastercard has reported that it tokenised 30% of its transactions in 2024 as part of its ongoing efforts to innovate the payments ecosystem. The company acknowledged the growing influence of stablecoins and other cryptocurrencies, noting their potential to disrupt
Ethereum Foundation Injects $120M into DeFi, Boosting Community Confidence
Major Investment in Aave, Spark, and Compound The Ethereum Foundation has allocated 45,000 Ether (ETH), worth approximately $120 million, to decentralised finance (DeFi) protocols Aave, Spark, and Compound. This move comes in response to concerns from the Ethereum community regarding the foundation’s reliance on selling ETH to fund its operations.
Bitcoin Dips Below $95K as US Inflation Rises Above Expectations
Bitcoin and the wider cryptocurrency market saw a sharp downturn on 12 February after US inflation data came in higher than forecast, raising concerns over macroeconomic pressures on digital assets. Bitcoin Reacts to CPI Data Bitcoin (BTC) briefly dropped below $95,000 following the release of the US Consumer Price Index
Push Chain Devnet Goes Live: A New Era for Universal Web3 Apps
Revolutionizing Web3 Accessibility Across Chains and Wallets The Web3 landscape is set for a major transformation as Push Chain announces the launch of its Public Devnet and SDK. Designed to enable seamless interoperability, Push Chain Devnet allows developers to build and test decentralized applications (dApps) that function effortlessly across multiple
Trump’s Tariff Suspension Sparks a Crypto Market Surge
President Donald Trump’s decision to suspend import tariffs on Canada and Mexico for 30 days created a positive wave across global markets. This development prompted a rapid recovery in the cryptocurrency market, with Bitcoin , Ethereum , and Ripple among many digital currencies experiencing gains. The surge in value was linked to
