In brief Bitcoin ETFs recorded net outflows of $290 million last week, with Friday’s $225.5 million exodus marking the heaviest single-day bleed. BlackRock’s IBIT shed $201.5 million on Friday alone, the largest single-fund outflow of the week. Flows turned negative as geopolitical tensions escalated and ceasefire expectations weakened. More than $290 million exited Bitcoin ETFs…
TLDR: Russia’s monthly oil revenue doubled to $24 billion as Brent crude surpassed $100 per barrel. Ukraine’s drone strikes have taken roughly 40 percent of Russian export refining capacity offline. Iran’s attack on Ras Laffan removed 17 percent of global LNG and 33 percent of helium supply. Western sanctions capped Russian oil at $60 per…
Coinbase is facing additional attention after claims resurfaced about how XRP was listed on the exchange. The issue traces back to statements linked to David Schwartz, who described a possible scenario in 2023 that reflected tensions surrounding the listing process. According to the report, Coinbase declined to list XRP despite clear business incentives. Coinbase XRP…
The SEC fined Nvidia $5.5M for not disclosing how crypto mining affected its revenue, forming part of the backdrop to the class action. A U.S. district court has allowed a class action lawsuit against Nvidia and CEO Jensen Huang to proceed following investor claims that over $1 billion of the company’s crypto revenue was…
TL;DR We took top honors across two major Australian award programs (WeMoney Cryptocurrency Awards and Finder’s Product Awards) reinforcing our position as a leading crypto platform for investors. Australia’s top financial awards take notice In a standout year, we were named ‘Overall Crypto Trading Platform of the Year‘ by Finder, one of Australia’s most trusted…
Iran’s Parliament Speaker Mohammad Bagher Ghalibaf posted what amounted to trading advice on X (Twitter), calling Trump’s pre-market announcements a “reverse indicator” and urging followers to take the opposite side of every energy move. The post added a surreal layer to a week that saw Wall Street’s most popular dip-buying strategy collapse under the weight…
VS1 Finance, a renowned institutional-scale real-world asset (RWA) yield and tokenization firm, has announced its launch on the Ethereum blockchain. In this respect, $VS1, the native token of VS1 Finance, is going live on Ethereum. As the VS1 Finance disclosed in its official social media announcement, this launch offers an exclusive access layer focusing on…
Add ZyCrypto News On Google Ripple CEO Brad Garlinghouse says stablecoins have reached their “ChatGPT moment”, where corporate America suddenly gets it. Speaking yesterday on Mornings with Maria, he described boards, CEOs, and CFOs at Fortune 500 and Fortune 2000 companies now asking the same question: “What are we doing with stablecoins? Could we be…
Ethereum is testing the crucial $2,000 pivot as supply pressure builds, with traders watching closely for a breakout above $2,100 or a breakdown towards lower support zones. Ethereum is hovering near the $2,000 level as both technical resistance and on-chain activity begin to converge. The current structure reflects a market caught between short-term recovery attempts…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Over the past two months, the Bitcoin (BTC) price has tried in vain to reclaim an $80,000 valuation, with prices in this period peaking at approximately $76,000. Interestingly, a market analyst has recently explained that this is due to a significant price…