Author: Kryptonews
Key Takeaways Spot Ethereum ETFs recorded $76 million in outflows, reflecting continued volatility in investor interest. Major asset managers, including BlackRock, Fidelity, and Bitwise, reported significant redemptions from their Ethereum ETF products. Share this article Spot Ethereum ETFs recorded $76 million in outflows on Monday, with major asset managers BlackRock and Fidelity among the firms reporting investor redemptions from their exchange-traded funds.The outflows continue a pattern of volatility seen in September 2025, with ETH-tracking funds experiencing fluctuating investor interest.Fidelity and Bitwise drove much of the redemption activity, while BlackRock’s iShares Ethereum ETF saw occasional inflows that partially offset the broader…
JPMorgan CEO Jamie Dimon said the US Federal Reserve will have a hard time cutting the interest rate unless inflation drops, and isn’t worried about stablecoins posing a threat to the banking sector.“If inflation does not go away, it’s going to be hard for the Fed to cut more,” Dimon, the head of the largest bank in the US, told CNBC-TV18 on Monday.“Inflation seems a little bit stuck at 3%. Again, I can give you some arguments why it’s going to go up, not down,” he said, adding he’s hopeful for “decent growth” and a rate cut instead of the…
Looking for a way to maximize your rewards while trading on Bybit? You’ve come to the right place. Using a Bybit referral code can help boost your trading potential by unlocking exclusive sign-up bonuses, fee discounts, and special promotions. In this guide, we’ll break down how to use the code and show you the full range of benefits you can claim as a new user.What is a Bybit Referral Code?Cryptocurrency ExchangeBybitPromo CodeNFTPSign-up rewards30,050+ USDTWelcome Bonus$20Trading Fee RebateUp to 30% discountMandatory KYC RegistrationYesA Bybit referral code is a special code that new users can enter during registration to unlock rewards, bonuses,…
Ripple’s XRP has been one of the most talked-about crypto tokens for the entire cross-border payments. It was viewed by a lot of retail investors as the future of global money transfers.Nevertheless, as of 2025, the retail crowd feels it should go with a different token. The number of analysts naming Digitap ($TAP) the best crypto to buy now is increasing, and so is the attention of the XRP holders.Let’s figure out the factors that have led to this major crypto investment shift this year.Why XRP Retail Investors Are Looking For AlternativesInitially, XRP was meant to be the solution for…
As bitcoin’s [BTC] recent sell-off accelerates, analysts are focusing on three critical price support levels that could shape the cryptocurrency’s near-term trajectory.The first key level is $112,000, identified by Swissblock Technologies. “As long as $112,000 holds and the Risk stays stable, BTC can rebuild strength,” Swissblock noted on X.The firm’s proprietary Bitcoin Risk Index aggregates on-chain valuation and cost-basis data to gauge market volatility—rising readings indicate risk aversion and potential price swings, while low or stable levels suggest bullish sentiment.On Monday, the risk index hovered near zero, signaling optimism despite BTC’s 1.7% drop to $112,600 in the past 24 hours,…
A $20 billion South African asset manager has been warning their investors from investing too much in their Bitcoin exchange-traded fund (ETF) due to its price volatility. In an interview on Monday, Magda Wierzycka, the CEO of Sygnia, told Bloomberg TV that the company will intervene to ensure clients don’t shift too much of their portfolio to its ETF, Sygnia Life Bitcoin Plus, which is benchmarked off BlackRock’s iShares Bitcoin Trust. However, she later acknowledged that Bitcoin could be turning into a long-term play. Wierzycka said the primary concern from Sygnia, the second largest multi-manager in South Africa, is Bitcoin’s price volatility.“The underlying…
Ethereum co-founder Vitalik Buterin has praised Ethereum layer-2 Base’s approach to decentralization in response to recent concerns over Base’s sequencer and whether it should be treated as an exchange. “Base is doing things the right way: an L2 on top of Ethereum, that uses its centralized features to provide stronger UX features, while still being tied into Ethereum’s decentralized base layer for security,” Vitalik Buterin said on Tuesday. He added that the Coinbase layer-2 does not have custody over your funds, “they cannot steal funds or stop you from withdrawing funds.”True layer-2s are non-custodial, he continued. “They are extensions of Ethereum,…
The total stablecoin supply has reached a record-breaking $283.2 billion, and it’s not the only milestone. The number of monthly stablecoin senders just climbed to 25.2 million, the highest ever recorded, according to data from Token Terminal. So far in 2025, startups working on stablecoin projects have pulled in $621.81 million in funding. That’s not a typo. It’s seven times more than the $84 million raised in all of 2024. The biggest single deal came from OSL Group, a firm based in Hong Kong that locked in $300 million back in July. That capital’s going straight into expanding operations across…
Bitcoin mining company CleanSpark rallied 5% in after-hours trading after announcing on Monday that it had secured a $100M financing deal with institutional-investor focused Coinbase Prime. The deal sees CleanSpark secure further credit from Coinbase Prime by using a portion of its 13,000 total Bitcoin (BTC) holdings as collateral. It will utilize the capital to scale up its Bitcoin mining ventures, high-performance computing (HPC) capabilities and energy portfolio. CleanSpark (CLSK) shares closed Sept. 22 at $13.74, and the price has since gained around 5% to hit $14.44 in after-hours trading following the announcement. CleanSpark gained over 5% in after hours trading.…
CleanSpark said Monday it secured a new $100m credit line from Coinbase Prime, extending the miner’s existing arrangements with the exchange and adding fresh liquidity for expansion.The facility is backed by CleanSpark’s Bitcoin holdings and aims to fund “accretive growth using non-dilutive financing,” Gary A. Vecchiarelli, CFO at CleanSpark, wrote in a statement. The company said the proceeds will support energy buildouts, mining capacity and new high-performance computing projects.“We see tremendous opportunity to accelerate mining growth while simultaneously optimizing our assets, particularly those near major metro centers and in our immediate pipeline,” CleanSpark CEO Matt Schultz said. https://t.co/L1JUpVeoZr— CleanSpark Inc.…
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