Spot Bitcoin ETFs see nearly $1B in inflows as risk appetite returns, Worldcoin’s price slides: Hodler’s DigestContinue Reading

Volatility and upside have been declining with each Bitcoin halving cycle, but the new dynamics may not be permanent, according to Galaxy’s Alex Thorn. The current Bitcoin (BTC) market cycle is “dramatically” weaker than the three previous cycles, according to Alex Thorn, the head of firmwide research at investment firm Galaxy. Thorn compared price action...Continue Reading

The contagion from the Kelp exploit could have been contained, but at the cost of capital efficiency, according to the founder of Curve Finance. The exploit of the Kelp liquid restaking protocol shows how non-isolated lending and integrations in decentralized finance (DeFi) can cause broader ecosystem contagion, according to crypto industry executives and blockchain security...Continue Reading

Bitcoin foreshadows fresh market mayhem as it appears that the US-Iran war has returned, including the closure of the Strait of Hormuz oil route. Bitcoin (BTC) sought to protect $75,000 into Sunday’s weekly close as crypto surfed fresh uncertainty over the US-Iran war. Key points: Bitcoin price action sinks from ten-week highs amid fears that...Continue Reading

Alcoa is nearing a deal to sell its idle Massena East smelter to NYDIG as US industrial sites increasingly shift toward Bitcoin mining and AI data centers. US aluminium giant Alcoa is reportedly nearing a deal to offload its long-idle Massena East smelter in upstate New York to Bitcoin mining firm New York Digital Investment...Continue Reading

RaveDAO denies involvement in RAVE token price surge and crash as Binance and Bitget launch investigations into suspected market manipulation. RaveDAO has denied any role in the recent surge and sharp collapse of its RAVE token, as major crypto exchanges open probes into trading activity following allegations of market manipulation. In a thread posted on...Continue Reading

Charles Schwab and Citadel Securities executives have separately aired interest in prediction markets, but each is looking to steer clear of sports offerings. Traditional finance giants Charles Schwab and Citadel Securities are both considering entering prediction markets, with each separately weighing up how they wish to get involved in the fast-growing sector. “I think at...Continue Reading

A federal judge has tossed a class lawsuit over Caitlyn Jenner’s memecoin, saying it did not plausibly allege that the token was an unregistered security. US media personality and former Olympian Caitlyn Jenner has escaped a class-action lawsuit after a federal judge ruled her memecoin was not a security under US law. California federal judge...Continue Reading

SEC chair Paul Atkins is under fire from Senator Elizabeth Warren, who says he “may have been deliberately trying” to mislead Congress about the agency’s enforcement activity. US Senator Elizabeth Warren has accused Paul Atkins, the head of the Securities and Exchange Commission, of possibly lying to Congress about the agency’s enforcement numbers. Warren, the...Continue Reading

The attack caused a “cross-protocol contagion” that has impacted at least nine crypto protocols, blockchain security firm Cyvers said. Kelp, a liquid restaking protocol, was the victim of a cyber attack on Saturday, causing the platform to pause smart contracts for its restaking token (rsETH), as it “investigates” the attack amid reports of hundreds of...Continue Reading