Japan is edging closer to approving spot cryptocurrency exchange-traded funds, with regulators signaling that the first products could be cleared for listing as early as 2028. Summary Japan plans to allow spot crypto ETFs as early as 2028, pending regulatory changes. Major financial groups are positioning to launch the first products. Policy reforms and rising…
Bitcoin price began the week under pressure after CME futures reopened well below Friday’s close, drawing attention to a large pricing gap. Summary Bitcoin futures on CME opened the week with a sharp downside gap after weekend selling pushed prices lower in the spot market. The $2.9K gap has become a key level traders are…
Bitcoin ETFs recorded $1.33 billion in net outflows during the week ending January 23 and had the second-largest weekly redemption on record. Summary Bitcoin ETFs saw $1.33B in outflows, the second-largest weekly redemption on record. Ethereum ETFs followed with $611M in withdrawals, led by BlackRock’s ETHA. Solana ETFs stayed positive with inflows, while XRP saw…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. For more than a decade, crypto has sold itself as a technology of inclusion. Permissionless finance. Open rails. Global access. Anyone, anywhere, with an internet connection. Yet today, one of the industry’s…
In this week’s edition of the weekly recap, GameStop transferred its entire 4,710 Bitcoin holdings worth $420 million to Coinbase Prime. Summary GameStop transferred 4,710 BTC worth $420M to Coinbase Prime, raising treasury questions. Senate Democrats filed amendments to reshape Republican-led crypto legislation. UK FCA entered final consultation stages for nationwide crypto firm regulation. Additionally,…
The crypto market dipped while the Fear and Greed Index remained in the fear zone amid renewed trade war fears and as traders waited for key corporate earnings and the Federal Reserve decision. Summary The crypto market retreated as trade risks emerged Trump warned that he would implement a 100% tariff on Canadian goods. Cryptocurrencies…
Ethereum co-founder Vitalik Buterin said institutions seeking control over their own operations will drive decentralization rather than undermine it. Summary Vitalik Buterin says institutions prefer self-custody and independent staking. Institutional control over wallets and staking could strengthen Ethereum decentralization. Buterin predicts privacy tech and zero-knowledge proofs will grow alongside regulation. Writing on Farcaster, Buterin argued…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The crypto industry is hiring the wrong marketers, and it’s costing the market real money. The sector’s post-exchange-traded fund visibility has vaulted crypto into mainstream finance, but many teams still staff marketing…
Bitcoin ETFs recorded $103.57 million in net outflows on January 23, marking the fifth consecutive trading day of redemptions. Summary Bitcoin ETFs lost $103.57M on Jan 23, marking five straight days of outflows. The sell-off has pulled $1.72B from Bitcoin ETFs since Jan 16. Ethereum ETFs also slid, extending their outflow streak to four sessions….
The NFT market recorded $122.5 million in sales volume over the past week, surging 101.61% from the previous period. Summary NFT weekly sales surged 101.6% to $122.5M despite broader crypto market weakness. Ethereum led with $77.6M in sales, up 179%, while Bitcoin jumped 127% to $21.7M. A $13.7M Bitcoin BRC-20 NFT sale set a new…
