In Brief Coinbase Prime will end custody support for 49 tokens, including crypto and real estate-linked assets, by April’s end. Affected assets include Telcoin, Cellframe, BOSAGORA, and real estate assets like 1717 Bissonnet. The decision reflects Coinbase Prime’s shift to focus on more liquid and institutional-grade tokens amid market challenges. Coinbase Prime, the institutional arm…
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In Brief Bitcoin spot ETFs saw $713 million in outflows last week, marking a 314% surge from the prior week’s $172.69 million. BlackRock’s IBIT suffered the largest outflow, losing $343 million, nearly half of the total withdrawals from BTC funds. The derivatives market sees a decline in open interest, signaling short-term caution, while positive funding…
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In Brief Bitcoin’s price remains below $85,000, causing long-term holders (LTHs) to face a 2-year low in profits, with an increase in short-term holders (STHs). The MVRV Long/Short Difference indicator hit a two-year low, suggesting a shift in market sentiment, while LTHs have sold over 6,596 BTC recently. Bitcoin’s price is at $84,421, hovering near…
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In Brief Chainlink’s integration of Pi Network into its Data Streams expands access to real-time pricing data and market feeds for Pi Coin (PI). PI tokens can now operate across major blockchains like Ethereum and Avalanche, enhancing liquidity and DeFi adoption. Despite some concerns about stagnation, Pi’s price surged 17.1% since the integration, signaling strong…
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In Brief Ethereum-backed ETFs saw their seventh consecutive week of net outflows, with $82.47 million withdrawn in the past week. ETH price dropped by 11% last week, with bearish indicators suggesting a potential drop below $1,500. Lack of institutional support and selling pressure may prevent a short-term price rebound for Ethereum. Ethereum ETFs have closed…
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In Brief Ripple CEO Brad Garlignhouse reveals the firm has proposed paying its reduced $50 million fine using XRP. If approved, this move could signal a regulatory shift and further boost XRP’s growing institutional momentum. This comes as Ripple’s legal battle with the SEC is nearing resolution, with both parties reaching a preliminary settlement agreement.…
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In Brief Solana (SOL) rebounds after hitting a 12-month low of $95, rising 17% to $124.81 amidst market recovery. An ascending trend line and rising RSI indicate increasing demand, signaling a potential rally to $138. Support levels at $120.74 could help sustain upward momentum, while a drop below this level may revisit $95. Solana plunged to…
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In Brief Over $2.5 Billion worth of Bitcoin (BTC) and Ethereum (ETH) options are expiring today, with significant implications for short-term market movements. Bitcoin options have a notional value of $2.23 billion, with a maximum pain point at $81,000, while Ethereum options stand at $283.6 million with a pain point of $1,700. Analysts expect continued…
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In Brief Grayscale updates its “Assets Under Consideration” list for Q2 2025, expanding to 40 altcoins, reflecting shifts in the crypto landscape. Key removals include Kaspa, Sei, Sonic, Starknet, THORChain, and Injective Protocol, signaling a shift in asset priorities. New additions like Berachain, Plume Network, and Maple Finance show Grayscale’s growing focus on emerging projects…
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In Brief The crypto market is down 1% today as macroeconomic uncertainty and geopolitical tensions affect digital assets. Bitcoin dips 2%, with $80,580 support under pressure; further declines could bring it below $80K. DeXe (DEXE) sees 7% drop, with rising trading volume indicating strong selling pressure; potential for further decline. The cryptocurrency market has again…
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