Author: Kryptonews
ZEC is next in line in terms of daily gains. The modest recovery staged by the bitcoin bulls over the past 24 hours drove the asset to $88,000, where it faced an immediate rejection and now sits well below that level. Most larger-cap altcoins are slightly in the green, but they still can’t get out of the recent nosedive. ZEC has emerged as the top gainer here, while the mid-caps have CC as their daily winner. BTC Halted at $88K The graph below will clearly demonstrate BTC’s choppy market moves as of late. The cryptocurrency went through a volatile…
Non-fungible tokens (NFTs) extended their year-end slide in December, with total market valuations falling to their lowest level in 2025.According to data from CoinGecko, the overall valuation of the NFT sector fell to $2.5 billion in December. This represented a 72% decline from a peak of $9.2 billion in January. The decline came as NFT sales activity remained subdued following a weak November performance. In December, weekly NFT sales failed to surpass $70 million during the first three weeks of the month, falling below November’s pace. December is on track to reinforce late 2025’s downward trend as year-end liquidity thins. The NFT market…
Key Takeaways Bitcoin linked to Mt. Gox hacker Aleksey Bilyuchenko continues to move through unknown exchanges. It remains uncertain who has control over the funds. Share this article A wallet linked to Aleksey Bilyuchenko, accused by the US Department of Justice of hacking the Mt. Gox crypto exchange, quietly offloaded around 2,300 Bitcoin in over a month, according to Arkham Intelligence analyst Emmett Gallic. The entity related to Aleksey Bilyuchenko has deposited another 1.3K $BTC ($114M) to the unknown exchanges in the past 7 days. They still hold 4.1K $BTC ($360M). They have sold a total of 2.3K $BTC. https://t.co/GtzPKLb5AC…
Non-fungible tokens (NFTs) extended their year-end slide in December, with total market valuations falling to their lowest level in 2025.According to data from CoinGecko, the overall valuation of the NFT sector fell to $2.5 billion in December. This represented a 72% decline from a peak of $9.2 billion in January. The decline came as NFT sales activity remained subdued following a weak November performance. In December, weekly NFT sales failed to surpass $70 million during the first three weeks of the month, falling below November’s pace. December is on track to reinforce late 2025’s downward trend as year-end liquidity thins. The NFT market…
In 2025, cryptocurrency staking is widely used as a method for generating passive rewards, and Funds Coin presents itself as a platform that allows users to stake digital assets with the possibility of generating daily returns, subject to market conditions and individual participation levels.The platform describes itself as a U.S.-registered service offering staking plans, security measures, and an affiliate referral structure. According to its own materials, these features are intended for users interested in scalability and regulatory visibility, though outcomes may vary depending on usage and risk tolerance.Funds Coin positions its staking model as one option within this broader ecosystem,…
The crypto industry recorded a banner year for mergers, acquisitions and public listings in 2025, with dealmaking hitting a record $8.6 billion as a more accommodating regulatory stance in the United States encouraged investors and financial institutions to re-enter the sector. Key Takeaways: Crypto dealmaking hit a record $8.6 billion in 2025 as regulatory easing in the US revived investor and institutional interest. Mega-acquisitions led by Coinbase, Kraken and Ripple drove a sharp rise in mergers and acquisitions. Crypto IPO activity also rebounded strongly, with $14.6 billion raised globally. According to a report by the Financial Times, 267 crypto-related deals…
XRP slipped to $1.86 as traders continued to sell into rallies, even as spot ETF demand stayed steady and total ETF-held assets climbed to $1.25 billion — a gap that suggests the market is still digesting supply at key technical levels.News backgroundInstitutional appetite for XRP exposure continued to build through exchange-traded funds, with investors adding $8.19 million in recent sessions. That pushed total ETF-held net assets to $1.25 billion, reinforcing the idea that professional investors are building positions through regulated vehicles rather than chasing spot momentum.The flow trend fits a broader pattern in institutional crypto allocation: portfolio managers increasingly prefer…
The digital money market is always changing, but at the present time, Solana is showing it has the strength to maintain its level despite a downturn in prices. The cryptocurrency is holding firm above the $120 level, which is a critical support level for it. Large corporations and institutional investors are also purchasing Solana through a dedicated fund, contributing $7.4 billion. This proves that people who have the most funds believe in it too. At the same time, however, the U.S. economy also saw a 4.3% growth in the third quarter of this year, making people feel a bit better…
Spot bitcoin and ether ETFs saw another round of outflows on Dec. 24 as traders moved into the Christmas break with reduced liquidity and a weaker appetite for risk.SoSoValue data showed bitcoin spot ETFs posted $175 million in net outflows on Wednesday, while ether spot ETFs showed $57 million in outflows.The biggest single-day exit came from BlackRock’s IBIT, which saw $91.37 million leave the fund. Grayscale’s GBTC followed with a $24.62 million outflow.Ethereum spot ETFs also lost ground. SoSoValue reported $52.7 million in net outflows on the day. Grayscale’s ETHE led the selling pressure with a $33.78 million outflow, bringing…
Bitcoin witnessed a sudden flash crash to about $24,111 on the BTC/USD1 trading pair on Binance, before quickly rebounding to $87,000 in seconds.Per the exchange data, the move appeared isolated to USD1, the stablecoin launched by Trump family-backed World Liberty Financial.Source: BinanceThis type of “flash wicks” occurs when liquidity thins and order books lose depth. The BTC/USDT trading pair has remained stable after resuming.Bitcoin Flash Wicks and Quick ReversalDuring non-peak trading hours, when market makers often pull back, large buy/sell orders could sweep through multiple empty levels. This scenario creates a dramatic spike that looks like a market breakout.Further, the…
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