Author: Kryptonews

US spot Bitcoin exchange-traded funds (ETFs) saw heightened selling on Thursday, with outflows accelerating the same day Standard Chartered lowered its 2026 Bitcoin forecast.Spot Bitcoin (BTC) ETFs recorded $410.4 million in outflows, extending weekly losses to $375.1 million, according to SoSoValue data.Unless Friday brings substantial inflows, the funds are on track for a fourth consecutive week of losses, with assets under management (AUM) nearing $80 billion, down from a peak of almost $170 billion in October 2025. Daily flows in US spot Bitcoin ETFs since Monday. Source: SoSoValueThe selling coincided with Standard Chartered lowering its 2026 Bitcoin target from $150,000…

ETHZilla (NASDAQ: ETHZ) officially launched its first tokenized aviation product on Thursday, offering investors equity in leased commercial jet engine. The new Eurus Aero Token I marks the firm’s strategic pivot from operating strictly as a crypto treasury to managing on-chain real-world assets (RWAs). The offering allows accredited investors to hold fractional ownership in two CFM56 jet engines currently leased to a major US airline. By leveraging the Ethereum Layer 2 network Arbitrum, the company aims to democratize access to institutional-grade aviation finance, a sector typically reserved for private equity and institutional credit markets. This initiative follows the growing trend…

A US federal judge in Virginia sentenced the chief executive of Praetorian Group International to 20 years in prison for running a $200 million cryptocurrency investment scheme that defrauded tens of thousands of investors.According to the Department of Justice, 61-year-old Ramil Ventura Palafox, a dual US and Philippine citizen, was convicted of wire fraud and money laundering for what prosecutors described as a Ponzi scheme that falsely promised daily returns of up to 3% from Bitcoin trading. The US Attorney’s Office for the Eastern District of Virginia said investors poured over $201 million into PGI between December 2019 and October 2021,…

A team of 13 archaeologists and scientists from universities in Oregon and Nevada have successfully dated a cache of animal hide clothing to the Late Pleistocene era, making it the oldest known sewn clothing in the world. The stitched-together hides were originally excavated, along with other materials (braided cords, knotted bark, and other fiber objects), by an amateur archaeologist named John Cowles from Cougar Mountain Cave in western Oregon in 1958, according to the study published in Science Advances. Cowles kept his findings until his death in the 1980s, at which point they were transferred to the Favell Museum, which…

South Korean authorities are investigating after 22 Bitcoin seized in a 2021 case disappeared from a cold wallet at a Seoul police station, according to local media reports.The 22 Bitcoin (BTC), worth about $1.5 million at current prices, were held by the Gangnam Police Station and were discovered missing during a nationwide audit of digital asset custody practices, the Seoul Economic Times reported Friday.Authorities reportedly said the 22 Bitcoin had been transferred externally, though the cold wallet storing the tokens was not stolen.The investigation follows a separate case at the Gwangju District Prosecutors’ Office, where 320 BTC, worth about $21.3…

Bitcoin’s BTC$66,977.68 long-term rally is “broken” and will remain so until the price climbs above $85,000, said Jean-David Péquignot, chief commercial officer of derivatives exchange Deribit. The largest cryptocurrency has settled into the $60,000 to $70,000 range in the past week, some 45% below the record high it hit in October. It’s on track to fall for a fourth straight week, and dropped below $85,000 at the end of January.”Until the market reclaims $85k, the longer-term chart remains broken, and the path of least resistance technically remains lower,” Péquignot said in an interview during the Consensus Hong Kong conference.Rising above…

Boerse Stuttgart Group, operator of one of Europe’s largest stock exchanges, said it will merge its cryptocurrency business with Frankfurt-based digital asset trading firm Tradias in a strategic move to expand its presence in institutional crypto markets.The transaction will consolidate about 300 employees under a joint management team from both companies, according to a Friday announcement.The combined unit aims to cover multiple digital asset services, including brokerage, trading, custody, staking and tokenized assets. It will serve banks, brokers and other financial institutions across Europe, providing fully regulated crypto infrastructure, the announcement said.Financial terms of the deal were not disclosed. Boerse…

Aave Labs has asked tokenholders to approve a funding package worth about $50 million in exchange for redirecting all revenue from Aave-branded products to the Aave DAO treasury.The proposal includes up to $42.5 million in stablecoins — $25 million as a primary grant and $17.5 million tied to product milestones. It also includes 75,000 Aave (AAVE) tokens, worth about $8 million at the time of writing. The stablecoin grants, if approved, will be streamed over time, and milestone payments will be released upon product launches. In return, Aave Labs would route 100% of product-level revenue to the DAO. That includes fees…

Aave Labs has asked tokenholders to approve a funding package worth roughly $50 million in exchange for redirecting all revenue from Aave-branded products to the Aave DAO treasury.The proposal includes up to $42.5 million in stablecoins — $25 million as a primary grant and $17.5 million tied to product milestones. It also includes 75,000 Aave (AAVE) tokens, worth about $8 million at the time of writing. The stablecoin grants, if approved, will be streamed over time, and milestone payments will be released upon product launches. In return, Aave Labs would route 100% of product-level revenue to the DAO. That includes fees…

Ethereum is trading around $1,937, down roughly 1% on the day, as the market consolidates following a sharp early-February sell-off. Summary Ethereum is trading near $1,937, consolidating below the key $2,000 level after a sharp early-February sell-off, with the broader trend still bearish on the daily chart. ETHZilla has launched the first tradable tokenized aviation asset on Ethereum, backed by jet engines leased to a major U.S. airline, expanding the network’s real-world asset (RWA) footprint. Technical indicators show ETH below its 50-day SMA near $2,799, with support at $1,900 and $1,800, while resistance stands at $2,000 and $2,200. The price…