Spot bitcoin and ether ETFs saw another round of outflows on Dec. 24 as traders moved into the Christmas break with reduced liquidity and a weaker appetite for risk. SoSoValue data showed bitcoin spot ETFs posted $175 million in net outflows on Wednesday, while ether spot ETFs showed $57 million in outflows. The biggest single-day…
Bitcoin briefly displayed $24,111 on Binance in a sharp wick on the BTC/USD1 trading pair late Tuesday before snapping back above $87,000 within seconds, according to exchange data. (Binance) The move did not show up on any other major BTC pairs and appeared isolated to USD1, a stablecoin launched by Trump family-backed World Liberty Financial….
Some Polymarket users reported that their accounts had been breached and drained, which the prediction market blamed on a third-party provider. Prediction markets platform Polymarket has pinned a series of reported user account breaches on a third-party login tool. In a post to the company’s Discord on Tuesday, Polymarket said that it had flagged and…
XRP slid through short-term support Wednesday as sellers again showed up near $1.90, keeping the token pinned in a tightening range and pushing attention toward the $1.85 area. News background The move comes as crypto markets remain choppy into the year-end window, when liquidity often thins and positioning tends to dominate price action. Traders have…
Prediction market Polymarket blamed an unidentified third-party login provider for recent account breaches reported by several users. The platform confirmed the security incident on its Discord channel after users reported missing funds and suspicious login attempts. Social media posts on Reddit and X show several users received unexpected login alerts and then discovered their balances…
Gold is at a critical juncture when measured against U.S. money supply (M2SL), testing a level it last reached in 2011 and not surpassed since the 1970s, when the price more than tripled to a then-record $700 an ounce over the course of several years. In contrast, bitcoin BTC$87,552.10, referred to by some supporters as…
Trump Media and Technology Group (DJT) moved roughly 2,000 bitcoin BTC$87,663.84, worth about $174 million, through a series of wallets a day after it was reported to have increased its holdings to 11,542 BTC. The transfers routed the bitcoin across multiple addresses, with around $12 million ultimately reaching Coinbase Prime Custody, according to blockchain data…
APT slipped 1% to $1.56 over the last 24 hours, as wider crypto markets also retreated. The CoinDesk 20 index was 0.6% lower at publication time. The token traded between $1.62-$1.56 during the 24-hour period, establishing a $0.06 range representing 3.6% intraday volatility, according to CoinDesk Research’s technical analysis model. The model showed a battle…
Payments-focused cryptocurrency XRP$1.8692 is little changed in 24 hours, in line with the broader crypto market, even after the introduction of a new product that allows holders to earn extra money without selling their tokens. On Tuesday, Upshift, Clearstar and Flare unveiled earnXRP, a vault designed to make it easier for XRP holders to generate…
A press release published on Christmas Eve claimed that Circle, the issuer of the USDC stablecoin, had launched a new platform offering tokenized gold and silver trading. However, it is “fake,” a Circle spokesperson told CoinDesk. The platform, launched under the name CircleMetals, was promoted through a press release distributed on Dec. 24, a date…
