Author: driver789

U.S. spot bitcoin exchange-traded funds recorded $506.5 million in net inflows on Feb. 25, the largest single-day total in three weeks, reversing a stretch of heavy redemptions that had fueled doubts about institutional demand. The surge followed $257.7 million in inflows on Feb. 24, bringing the two-day total to more than $750 million. The rebound came after five consecutive weeks of outflows totaling about $3.8 billion. Year to date, net flows are now just under $2 billion in outflows. BlackRock’s iShares Bitcoin Trust (IBIT) led Tuesday’s gains with $297.4 million in inflows, accounting for nearly 60% of the daily total.…

Cryptocurrency investors accused quantitative trading company Jane Street of pressuring Bitcoin’s price with a daily, programmatic sell-off at the US market open, but market analysts and data suggest the pattern is not consistent, and no single company can force Bitcoin into a prolonged bear market.The claims surged online a day after Terraform Labs’ court-appointed administrator sued Jane Street, alleging insider trading tied to transactions that worsened the collapse of Terra’s algorithmic stablecoin ecosystem in May 2022.Several market watchers, including crypto influencer Justin Bechler, have argued that Jane Street’s holding of BlackRock’s iShares Bitcoin Trust exchange-traded fund (ETF), known as IBIT,…

Decibel, a fully onchain perpetuals exchange incubated by Aptos Labs, is now live on the Aptos mainnet, the Decibel Foundation said Wednesday.The debut follows a public testnet that drew more than 700,000 unique accounts and 132,000 daily active users, according to the foundation. Users executed over 1 million trades per day during testing, and more than $58 million was committed through a pre-deposit campaign ahead of mainnet activation.Decibel’s debut comes during an intensifying race among onchain perpetuals exchanges. The past year has seen a surge of competition, led by Hyperliquid, which remains the category’s dominant venue by volume. Other contenders,…

Decentralized finance protocol Aave has surpassed $1 trillion in cumulative lending volume, marking a historic first in the DeFi industry.“A decade ago, DeFi and Aave didn’t exist. They were just ideas. Today, Aave stands as the backbone of onchain lending, powering a new financial system that is open, global, and unstoppable,” Aave Labs CEO Stani Kulechov said in an X post on Wednesday.The feat marked another step toward Aave’s goal of becoming the “largest, most efficient liquidity network in the world,” Kulechov added. “One that builders, banks, and fintechs plug into by default, fundamentally improving liquidity and cost structures across…

The Bitcoin price action over the last few months has been unpredictable. But one thing has been clear, and that is the fact that bears have remained firmly in control of the price action. From here, there are a number of ways that the Bitcoin price could play out, with most speculations pointing toward a possible recovery. However, there are levels that the Bitcoin price must maintain in order to actualize this recovery or risk losing ground to bears. Bitcoin Price Needs To Hold Above $60,000 Crypto Analyst Swallow Academy, in a recent analysis, showed that the $60,000 level has become one…

Canaan (CAN) has acquired Cipher Mining Technologies Inc.’s (NASDAQ: CIFR) 49% stake in three fully operational West Texas mining projects, marking a significant step in its strategy to integrate low-cost power with high-performance computing. The transaction, valued at approximately $39.75 million, according to a note shared with Bitcoin Magazine, was completed entirely through the issuance of Canaan shares, priced at $0.7394 per American Depositary Share (ADS), giving Cipher a meaningful equity position in Canaan. The assets acquired — Alborz LLC, Bear LLC, and Chief Mountain LLC — operate a combined 120 MW of power capacity and deliver a total of…

Crypto exchange Gate has secured a Payment Institution license in Malta, a license under the European Union’s PSD2 framework, giving the crypto exchange a regulated foothold to offer payment services across the bloc alongside its existing crypto permissions.The company said Thursday that its Malta-based entity, Gate Technology, received the license from the Malta Financial Services Authority (MFSA). Gate said the approval supports its strategy of linking traditional payment infrastructure with Web3 services in Europe.The authorization adds payment capabilities to Gate’s existing EU crypto permissions. On Oct. 1, 2025, Gate announced that it had obtained a license under the EU’s Markets…

A big crypto trader lost $8.2 million after a leveraged bet on the ARC perpetuals market unraveled on the decentralized derivatives platform Lighter, forcing the platform to tap its backstop liquidity and trigger auto-deleveraging to manage risk.In a series of posts on X, the platform explained that the whale built a very large long position over several days, pushing total open interest in the ARC (ARC) market to about $50 million, while about 600 traders and market makers took the opposite side.The trade began to fail when ARC’s price dropped around 6:00 pm ET on Wednesday. About $2 million of…

Bitcoin came within touching distance of $70,000 on Wednesday before pulling back to around $68,300 in Thursday morning trading, a nearly 5% swing from the session high to the overnight low of $67,700. The move marks the strongest attempt to reclaim the $70,000 level since the Feb. 5 crash but stopped short of a clean breakout.The more interesting story was underneath. Altcoins outperformed across the board, with ether up 8.5%, solana gaining 6.9%, cardano surging 10.8%, and dogecoin adding 8.3%. Bitcoin’s 4.3% gain was among the smallest in the top 10.That kind of divergence typically signals risk appetite returning to…

Ethereum co-founder Vitalik Buterin has outlined sweeping changes to the network’s core consensus design following the release of the Ethereum Foundation’s new “strawmap,” a long-range technical roadmap aimed at accelerating layer-1 upgrades through the end of the decade. Summary Vitalik Buterin outlined plans to reduce Ethereum slot times from 12 seconds toward as low as 2 seconds, with finality potentially dropping to 6–16 seconds. The Ethereum Foundation’s “strawmap” sketches seven forks through 2029, targeting faster UX, gigagas throughput, post-quantum security, and privacy. Upgrades include erasure-coded P2P networking, reduced attester counts, Minimmit-based finality, and eventual quantum-resistant cryptography. Vitalik Buterin explains Ethereum…