Deals with articles on the cryptocurrency markets, crypto investment strategies, market analyses, and trading insights.
@BlackRock’s Ethereum staking ETF threatens Digital Asset Trust companies by offering low-cost staking, potentially attracting investors away from complex DAT structures. BitMine faces $3.7B in unrealized losses amid challenging market conditions. #Update #Crypto $ETH
@Bitwise’s newly launched $XRP ETF saw nearly $22 million in trading volume within hours of its debut, marking a strong entry following @CanaryFunds’ record-breaking XRPC launch. #Update #Crypto $XRP
@Kalshi has raised an additional $1 billion, increasing its valuation to $11 billion, led by Sequoia Capital and CapitalG. This follows a previous $300 million round in October. #Update #Crypto
Metaplanet unveils preferred shares “Mars” and “Mercury” to raise $135M, enhancing its Bitcoin strategy. Mercury offers a 4.9% fixed dividend with conversion rights. #Update #Crypto
Dave Portnoy invests $1M in $XRP amid market dip, raising speculation on strategic timing despite XRP’s 15% decline. #Update #Crypto $XRP
Bitwise’s new XRP ETF debuts on NYSE today, highlighting increased demand for blockchain utility and tokenization. @BitwiseInvest #Update #Crypto $XRP
Bitcoin ETF flows turned positive with $75.47M net inflows, led by BlackRock’s $60.61M, after a five-day outflow streak, signaling potential market stabilization. #Update #Crypto $BTC
Bitcoin stabilizes above $90,000 amid macro-driven pullback and ETF outflows affecting sentiment. $BTC #Update #Crypto $BTC
Cardano founder Charles Hoskinson’s $250,000 Bitcoin forecast faces skepticism as BTC drops 30% from highs, trading at $89,300. Market experts suggest a new bear cycle. #Update #Crypto $BTC
@BlackRock is set to launch a new Ethereum-based investment vehicle with staking, following a Delaware filing and SEC acknowledgment. The firm’s existing ETH ETF faces outflows amid market volatility. #Update #Crypto $ETH
@BlackRock has registered to seek approval for a yield-bearing ether product, following @VanEck’s similar trust registration, as competition heats up for staked ETH in U.S. ETFs. #Update #Crypto $ETH
@BitwiseAssetManagement’s new spot ETF tracking $XRP launches Thursday on the NYSE, raising community concerns over ticker confusion. Bitwise previously launched a physical XRP ETP in Europe. #Update #Crypto $XRP
Bitwise Asset Management will launch its XRP ETF tomorrow, marking its expansion into altcoin markets with institutional-grade exposure. #Update #Crypto $XRP
BlackRock’s IBIT fund saw a record capital outflow of $523.15M on November 18, marking the largest single-day withdrawal in history as total outflows exceed $2B weekly amid market corrections. #Update #Crypto $BTC
