Crypto News

Cryptocurrency news covering Bitcoin, Ethereum, and altcoins. Track crypto prices, blockchain developments, DeFi trends, and regulatory updates.

Fidelity to Close Two Income ETFs as Crypto Inflows Surge Led by Ether
Crypto Sarah Chen

Fidelity to Close Two Income ETFs as Crypto Inflows Surge Led by Ether

Fidelity Canada will close two small income ETFs after Friday's close, as US spot crypto ETFs attracted US$181M in weekly inflows, led by ether.

IBIT
Ether ETF Inflows Surge to 58% as Crypto Fund Flows Slow
Crypto Sarah Chen

Ether ETF Inflows Surge to 58% as Crypto Fund Flows Slow

U.S. crypto ETFs attracted $181M in the week to July 17, with Ether funds accounting for 58% of inflows, up from 30% the prior week, signaling a rotation.

BLK IBIT
Bitcoin Slips Below $64,000 as ETF Inflows Prove Concentrated
Crypto Sarah Chen

Bitcoin Slips Below $64,000 as ETF Inflows Prove Concentrated

Bitcoin dropped 1.8% to $63,940 on Thursday, failing to hold above $65,000 despite two days of ETF inflows, with BlackRock's IBIT accounting for 76% of new money.

BLK IBIT
MARA Holdings Slips 3.1% as $2.1B Deals Weigh on Valuation
Crypto Sarah Chen

MARA Holdings Slips 3.1% as $2.1B Deals Weigh on Valuation

MARA Holdings shares dropped 3.1% to $11.79, giving up gains from its Texas site announcement, as two major deals totaling up to $2.1 billion weigh on valuation.

MARA IREN WULF
Bitmine's $482M Cash Pile Nears Cost to Reach 5% Ether Goal
Crypto Sarah Chen

Bitmine's $482M Cash Pile Nears Cost to Reach 5% Ether Goal

Bitmine's cash and marketable securities of $482 million nearly equal the $482.2 million needed to bridge its Ether holdings to 5% of supply, posing a key capital allocation decision.

BMNR
India's Crypto Derivatives Surge to 2.4x Holdings as Tax Rules Bite
Crypto Sarah Chen

India's Crypto Derivatives Surge to 2.4x Holdings as Tax Rules Bite

India's daily crypto turnover reaches $5 billion, with futures trading accounting for 80% of volume as traders seek to avoid heavy spot taxes. Retail investors dominate but face high risks.

IBIT
Bitmine Soars 11.5% as Ether Rally Narrows Asset Discount
Crypto Sarah Chen

Bitmine Soars 11.5% as Ether Rally Narrows Asset Discount

Bitmine Technologies (BMNR) surged 11.5% Tuesday as ether rallied 5.5%, reducing the gap between its market cap and crypto holdings to 15%.

BMNR ORBS
MARA Holdings Flat as AI Lease Deal Highlights Valuation Gap
Crypto Sarah Chen

MARA Holdings Flat as AI Lease Deal Highlights Valuation Gap

MARA Holdings shares slipped 0.1% despite a bitcoin rally, as CleanSpark's $6.6 billion AI lease deal underscored the market's demand for committed cash flow from data center projects.

MARA CLSK RIOT
CleanSpark Stock Slips From Highs After $6.6B Lease Raises Financing Questions
Crypto Sarah Chen

CleanSpark Stock Slips From Highs After $6.6B Lease Raises Financing Questions

CleanSpark shares rose 10.3% but gave back over half of their early gain as a $6.6 billion lease shifted focus to the $1.75 billion-plus build cost and financing risk.

CLSK RIOT MARA
AI Trading Bot Promises Daily Returns of 4%, Audit Claims Questioned
Crypto Sarah Chen

AI Trading Bot Promises Daily Returns of 4%, Audit Claims Questioned

MoneySimpler's new AI trading bot claims daily returns up to 4%, but missing audit details and regulatory clarity raise investor concerns.

ANZBY IBKR
Ripple's XRP Holdings Surge to $40 Billion After SEC Battle
Crypto Sarah Chen

Ripple's XRP Holdings Surge to $40 Billion After SEC Battle

Ripple CEO Brad Garlinghouse reveals the firm nearly shut down in 2020, returning XRP reserves to shareholders. Those reserves are now worth nearly $40 billion.

COIN CRCL
Whale Transfers Plunge 97% as XRP Holds Near $1
Crypto Sarah Chen

Whale Transfers Plunge 97% as XRP Holds Near $1

XRP slipped to $1.06 as whale transfers collapsed 97% to just two in a week and spot ETFs saw $7.18M in outflows, weakening the bullish case.

GLD USO UNG