Spot $ETH ETF cumulative flows have decreased to $12 billion, down from a high of $15 billion last fall, marking the longest net outflow streak in ETF history with four consecutive months of negative growth. Despite this decline, Ethereum continues to be a critical hub for over $160 billion in stablecoins and tokenized assets, highlighting a growing focus on the structural utility of the platform rather than just spot demand.
Following the U.S.-Israeli air attack that resulted in the assassination of key Iranian figures, including Ayatollah Ali Khamenei, crypto outflows from Iran’s largest exchange, Nobitex, surged by 700%, reaching nearly $3 million on Saturday, according […]
Nexo announced it is re-entering the U.S. market, three years after settling a $45 million case with the SEC over its unregistered Earn Interest Product. The company, which previously faced scrutiny under the SEC’s former […]
In the past 24 hours, cryptocurrency markets experienced a significant liquidation event, with more than $526 million in positions being liquidated, the majority of which—$471 million—were short positions. This highlights the volatile nature of the […]