The deal adds analytics and execution tools to Pump.fun’s ecosystem as Vyper winds down its standalone product and migrates users to Terminal. Pump.fun has acquired crypto trading terminal Vyper, which will wind down its standalone product and migrate its infrastructure into the Solana memecoin launchpad’s ecosystem. On Friday, Vyper said core parts of its product...Continue Reading
Net weekly outflows from Bitcoin ETFs reached $690 million as BTC briefly touched $60,000, reigniting analyst criticism over “paper Bitcoin” and scarcity. Bitcoin exchange-traded funds (ETFs) continued to see outflows on Thursday, shedding almost $1 billion over the past two days as debate grows over their potential impact on the market. Data from SoSoValue shows...Continue Reading
Metaplanet CEO Simon Gerovich is sticking with the company’s Bitcoin accumulation plan despite a brutal drawdown in both its stock and the wider crypto market. Metaplanet’s CEO Simon Gerovich doubled down on the company’s Bitcoin-first strategy as the wider crypto market suffered one of its harshest drawdowns since 2022. “[T]here is no change to Metaplanet’s...Continue Reading
Santiment says the pattern of large holders selling while retail scoops up Bitcoin is “what historically creates bear cycles.” Large Bitcoin holders are now controlling the smallest share of the cryptocurrency’s supply since late May, when it first reclaimed $100,000 after more than three months, according to crypto sentiment platform Santiment. Santiment posted to X...Continue Reading
Tether and Gold.com are exploring options to allow the use of Tether’s stablecoins to purchase physical gold. The investment arm of stablecoin issuer Tether has acquired a $150 million stake in the precious metals platform Gold.com to expand access to tokenized gold. Tether said on Thursday that it acquired an approximately 12% stake in the...Continue Reading
US Treasury Secretary Scott Bessent says banks and crypto may begin to offer similar products, and pledged to prevent deposit flight concerns that are stalling a key crypto bill. US Treasury Secretary Scott Bessent has told Congress that traditional and crypto banking products and services may be more intertwined in the future. Appearing before the...Continue Reading
Crypto mining stocks have declined across the board the value of the entire crypto market fell almost 9% on Thursday. Shares in crypto mining companies IREN and CleanSpark sank on Thursday as their earnings came in below Wall Street expectations and Bitcoin’s slide saw traders turn risk-off. Bitcoin (BTC) has fallen 12% over the past...Continue Reading
Kalshi has seen nearly $170 million in Super Bowl-related bets, and its move to boost oversight comes as prediction markets come under scrutiny by regulators and Congress. Kalshi says it’s expanding surveillance on its prediction markets platform with an independent advisory committee and partnerships to catch insider trading and market manipulation just days ahead of...Continue Reading
Bitcoin plummeted to a low of around $60,000 after the Crypto Fear & Greed Index hit its lowest score since mid-2022, when the Terra blockchain collapsed. Crypto market sentiment has slumped to its lowest level in over three and a half years amid Bitcoin falling by double-digit percentage points to a low of around $60,000....Continue Reading
Traders were active in BlackRock’s iShares Bitcoin Trust ETF on Thursday as Bitcoin plummeted, falling 12% in the last 24 hours. BlackRock’s spot Bitcoin exchange-traded fund (ETF) has reportedly seen an all-time peak daily trading volume as traders responded to Bitcoin’s rapidly crashing price. The iShares Bitcoin Trust ETF (IBIT) “crushed its daily volume record”...Continue Reading
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