Cryptocurrency News

Bitcoin’s fall to $113,000 pushed futures open interest down to $42.8 billion, which Glassnode called a “healthy reset” that could stabilize derivatives markets and reduce liquidation risk.

Ethereum suffered the steepest losses, with approximately $5.6 million in leveraged positions erased, followed by Bitcoin, which lost $2.3 million.

The code update flagged by crypto researcher Ericonomic on X, comes on the heels of ConsenSys CEO Joseph Lubin reportedly stating that MetaMask would be issuing its own MASK token soon.

According to Bloomberg analyst Eric Balchunas, the REX-Osprey XRP ETF saw $37.7 million in volume, while the REX-Osprey DOGE ETF saw $17 million in volume traded on the first day on the market.

The REX-Osprey XRP ETF, which is listed on the CBOE under the ticker XRPR, logged a trading volume of $37.7 million, the largest for any ETF listing this year.

BTC holds near $117K after Powell’s move, but the spotlight turns to new products promising mainstream inflows.

According to SoSoValue data, Bitcoin ETFs saw inflows of $292 million on Tuesday, while spot Ethereum ETFs logged outflows of $61.7 million.

Lawmakers are set to meet with 18 industry leaders, including Strategy’s Executive Chairman Michael Saylor, Executive Chairman of Bitmine Immersion Tom Lee, and others, to discuss President Donald Trump’s proposed Strategic Bitcoin Reserve later on Tuesday.

He said Apple has not “received a single complaint” from shareholders about the $600 billion commitment.

Unlike previous attempts by other firms to bring ETFs tied to Ripple’s native token into the market, XRPR is registered under the Investment Company Act of 1940.

According to Shiba Inu developer Kaal Dhairya, Shibarium suffered a $2.4 million flash loan exploit on Sunday after an attacker briefly gained control of its validator system.

The apex cryptocurrency gained 0.4% to $116,514 over the past 24 hours, while Ethereum slipped 0.6% to $4,661.57, and XRP fell 0.6% to $3.06, at the time of writing.

In August, Ethereum’s price hit a record high of $4,955, but it has not been able to break past the $5,000 threshold since then.

Bo Hines, the newly appointed CEO of Tether U.S., previously led the Presidential Council of Advisors for Digital Assets under the Trump administration.

Bloomberg ETF analyst Eric Balchunas noted that while a DTCC listing is a procedural step, most tickers that appear on the system have historically eventually launched.

Galaxy Digital purchased more than two million tokens over the past 24 hours, following CEO Mike Novogratz’s declaration that it was ‘Solana Season.’

Bitcoin was up 1.3% to $115,434 over the past four hours at the time of writing, while Ether was up 2.5% to $4,521.29 and XRP advanced 1.9% to $3.05.

Novogratz stated that Bitcoin’s price is likely to see a renewed rally towards the end of the year.

Bloomberg Intelligence analyst Eric Balchunas told Cointelegraph that new crypto ETFs from REX and Osprey, including a Dogecoin ETF, cleared the SEC’s 75-day review window and are expected to begin trading by Friday.

Bitcoin spot ETFs logged their best day since July after raking in $757 million of net inflows on Wednesday.

Pump.fun posted $2.06 million in revenue over the past 24 hours, ranking second among DeFi projects, according to DefiLlama data.

Solana’s gains come as the token registered a new all-time high of $12.31 billion in total value locked over the last 24 hours on Thursday.

Authorities expect that mainstreaming digital assets could increase systemic risks, while effective regulation would be challenging in practice

The apex cryptocurrency slipped 0.3% to $111,470 at the time of writing, while Ethereum gained 0.1% to $4,316.92 and XRP rose 0.1% to $2.96, according to Coingecko data.

Michael Saylor-backed Strategy announced on Monday that it bought around 1,955 BTC for around $217 million.

Nasdaq has reportedly struck a strategic partnership with Gemini, the crypto exchange founded by the Winklevoss twins, to tap its custody and staking services.

Bitcoin holds $111K; XRP rises, Ether slides; traders await key U.S. inflation print.

One analyst noted that if Bitcoin clears the $113,000 mark, it could climb up to $115,400 and maybe even $117,100.

The S&P 500 hit a record high after the markets opened on Friday, and gold prices surged to a record high of $3,591 per ounce.

Traders are eyeing Friday’s employment report for clues on how it may shape the Federal Reserve’s monetary policy decisions later this month.

According to Glassnode, Bitcoin’s price is consolidating in between $104,000 and $116,000 as futures and ETF flows show cooling demand.

September hasn’t given Bitcoin a strong lift, but neither has it lived up to the month’s reputation as one of Bitcoin’s weakest periods either.

At current price levels, the coin has a valuation of $6.62 billion, making it the 32nd largest cryptocurrency.

The personal consumption expenditure (PCE) data will provide more clues on the inflation trajectory and how the Federal Reserve may approach managing interest rates in September.

On Stocktwits, retail sentiment around Toncoin trended higher into ‘neutral’ territory from ‘bearish’ over the past day amid ‘high’ levels of chatter.

According to an ongoing Stocktwits poll, most retail traders don’t think Ethereum will be able to flip Bitcoin, even in another five years.

The coin’s market valuation surged past $11.2 billion at the time of writing, making it the 21st-largest cryptocurrency, according to CoinGecko data.

Despite the cryptocurrency market’s recovery, crypto-linked equities continued to trade in the red during early morning hours.

The move follows Monday’s disclosure of its application for the Canary American-Made Crypto ETF (MRCA).

The Gemini Exchange & Credit Card app currently ranks No.11 on the Top Free Finance Apps chart in Apple’s App Store.

The continued selloff in the crypto market led to more than $759 million in liquidations over the past 24 hours, according to Coinglass data.

The exchange said individual subscriptions will be capped at 10,000 USDT per user, down from earlier thresholds.

Funded by a $75 million investment from Ripple and Gemini, the card is expected to offer up to 4% cashback in XRP on everyday purchases.

The move would allow the fund to trade publicly under the name Grayscale AVAX Trust ETF, giving investors exposure to AVAX through traditional brokerage accounts.

The selloff in the crypto market led to more than $840 million in liquidations over the past 24 hours, according to Coinglass data.

The second-most valuable cryptocurrency surged to an all-time high of nearly $4954 on Sunday before scaling back some gains. At the time of writing, it was trading at $4,718.26.

At the end of the second quarter, Strategy held 628,791 bitcoins at a total cost of $46.07 billion or $73,277 per bitcoin.

The token will be issued by Bridge, a Stripe-owned stablecoin platform, and minted through M0’s decentralized infrastructure.

In addition to Fed commentary, industry watchers are also concerned over network decentralization after it was reported that two mining pools now control more than half of Bitcoin’s hashrate.

Some in the industry argue the threat is overstated, noting that a 51% attack would be costly in terms of energy, hardware, and infrastructure.