Altcoins News

XRP and DOGE led large-cap tokens higher ahead of new Grayscale ETFs expected to launch later in the day.

Bitcoin alone accounted for over $1 billion in forced liquidations, with Ethereum and Solana following.

Bitcoin’s price dropped to $86,700 after a stronger-than-expected September jobs report.

Last month, Coinbase surpassed $1 billion in BTC-backed on-chain loan originations in just eight months since launch.

Bitcoin spot ETFs recorded $75.47 million in inflows on Wednesday, with IBIT contributing more than $60 million.

BlackRock’s iShares Bitcoin Trust saw $523 million in net outflows on Tuesday, marking the ETF’s largest day of outflows since its January 2024 debut.

According to a CNBC report, a letter sent to both the Department of Justice and the Treasury Department points to concerns about WLFI’s safeguards against illicit financial activity.

More than half of that $1 billion was from bets on Bitcoin, totaling around $570 million.

Lee said Ethereum’s valuation metrics, like assets locked on-chain and long-term ratios to Bitcoin, indicate it may be nearing a bottom.

The ETF’s debut did not manage to lift Solana’s price amid broader weakness in the cryptocurrency market.

Franklin Templeton, Bitwise, and 21Shares are expected to launch their respective XRP spot ETFs starting Tuesday.

Ethereum holdings of the co-founder and former CEO of Bitmex fell from 6,500 ETH to 5,000 ETH over the weekend.

Crypto liquidations surpassed $500 million in 24 hours, led by Bitcoin and Ethereum.

Integration with Securitize, Wormhole, and Ceffu supports regulatory compliance and custody.

CoinGlass data shows that long positions made up the majority of the $1.1 billion in liquidations.

Block said the integration will simplify cross-border payments and improve settlement efficiency while maintaining the user-friendly interface that Cash App is known for.

The broader cryptocurrency market dropped 1.2% over the past day, with a total market capitalization of around $3.5 trillion.

The company stated that it has utilized $50 million from its previously announced private placement to acquire 203,775.27 ZEC.

The total crypto market capitalization slipped to approximately $3.6 trillion amid $373 million in liquidations.

The price of Ripple’s native token jumped by more than 12% in early morning trade on Monday – more than double the gains of any other token in the top 10.

ZCash surged over 18% in the past 24 hours, breaking the $600 mark for the first time since 2018.

Bitcoin ETFs saw $240 million in inflows on Thursday, ending a $2 billion outflow streak since late October.

ENA’s price has dropped roughly 80% from September highs, trading near $0.31 on Thursday.

Bitcoin ETFs have seen over $2 billion in withdrawals since October 29, the second-worst streak on record.

The funding round was led by Fortress Investment Group and Citadel Securities, with participation from Pantera Capital and others.

Solana’s price fell 1.4% over the week despite surging retail optimism and major institutional developments.

The broader crypto market saw $860 million in liquidations, led by Bitcoin and Ethereum.

Bitcoin accounted for roughly $370 million of total liquidations, while Ethereum saw $189 million wiped out.

The overall cryptocurrency market fell 1.4% in the last 24 hours, with more than $500 million in liquidations.

Most retail traders polled on Stocktwits expect the Federal Reserve to cut rates, with 61% expecting a 25-basis-point reduction.

Pump.fun said it acquired the Padre trading terminal to improve multichain trading capabilities and user experience.

The debate follows a clash over Peter Schiff’s plans to launch tokenized gold after CZ criticized it for lacking true on-chain ownership.

Finzer said 50% of the supply will be allocated to the community, with initial claims for early users and participants in rewards programs.

According to a Bloomberg report, sources indicated that discussions remain ongoing, with a formal announcement expected within the next few weeks.

According to a Bloomberg report, Ripple is looking to raise at least $1 billion to expand its holdings of XRP.

Bitcoin was the top trending ticker on Stocktwits on Friday morning, followed by MSTR’s stock and Ripple’s XRP token.

The token has yet to debut on Binance and Bybit, the two largest exchanges by trading volume.