Category: Other Crypto News

Nearly $1 Billion in Iranian Crypto Falls Into US Hands

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Spot Bitcoin ETFs See Record 10-Day Outflow Streak, Analyst Calls It ‘Contrarian Indicator’

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Spot Bitcoin exchange-traded funds (ETFs) have logged outflows for ten consecutive trading days, with total net redemptions exceeding $2.97 billion since May 15, a streak that one analyst says may signal a market bottom is near. According to data from SoSoValue, daily outflows ranged from $70 million to $733 million across the period, with the steepest single-day exodus recorded on Wednesday at $733.43 million. Total net assets held across spot Bitcoin (BTC) ETFs have dropped from $104.29 billion on May 15 to $94.17 billion as of Friday, a decline of…

XRP Whale Vs. Retail Spread Just Hit A 2-Year Low, What This Means

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XRP is sending out an interesting on-chain signal at a time when its price is still struggling to build a convincing recovery above $1.3. A closely monitored on-chain metric tracking the behavioral gap between XRP’s largest holders and its retail base has collapsed to its lowest reading in more than two years.  The data, sourced from blockchain analytics platform CryptoQuant, points to a structural shift in how XRP is flowing out of Binance, with the Binance Whale vs. Retail Spread for XRP falling to 88.3%, its lowest level in more…

Bitcoin Treasury Space Still Has Fair Share of ‘Carnival Barkers’: BSTR Founder

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The Bitcoin treasury company space is becoming more divided between firms with actual financial strategies and those leaning more on promotion, according to one industry executive. “I think a lot of them don’t have the right capital structure, right. They don’t have the ability to actually deploy Bitcoin,” Sean Bill — co-founder of Bitcoin treasury company BSTR, alongside Adam Back  — said during an interview with Cointelegraph published to YouTube on Tuesday. “They’re really planning on having Bitcoin do all the talking for them,” Bill said. “I do think that…

US Seizes Nearly $1 Billion in Iranian Crypto Assets, Treasury Secretary Says

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The United States has seized roughly $1 billion in Iranian crypto assets, Treasury Secretary Scott Bessent said Friday, adding that some of the wallet owners may not yet know the funds are gone. “I believe that we have seized about a billion dollars of their crypto,” Bessent said while speaking at the Reagan National Economic Forum. “Just outright grabbed the wallets. Some of them may be typing in right now and not have realized that their wallet had been grabbed,” he added. Bessent said the seizures are part of the…

Ethereum Flashes A Rare Signal As Open Interest Reaches Highest Level Since 2019

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Ethereum is struggling to push above $2,000 as the market prepares for a decisive move that participants on both sides of the trade increasingly recognize as imminent. The price is compressing — and CryptoQuant data has identified a development in the derivatives market that explains why the current level feels like more than a routine resistance test. Related Reading On May 28, Binance recorded a 336,000 ETH increase in 30-day open interest while Ethereum traded near $1,990. That single-venue reading is the highest positive open interest expansion Binance has registered…

Coinbase To Bring Global Crypto Derivatives To US Institutions

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The US Commodity Futures Trading Commission (CFTC) has now opened the path for Coinbase and other CFTC-registered exchanges to offer regulated access to global crypto derivatives markets. Related Reading Coinbase Offers Access To Global Crypto Derivatives On Friday, Coinbase announced that its subsidiary, Coinbase Financial Markets (CFM), has become the first US-regulated Futures Commission Merchant (FCM) to offer its domestic clients access to global crypto derivatives markets. Crypto derivatives account for roughly 80% of global crypto trading volume, Coinbase explained, with options, perpetual futures, and other instruments driving most of…

Uniswap Price Slides As Binance Absorbs Millions Of Tokens – Traders Are Watching

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Uniswap is struggling to reclaim higher levels as selling pressure keeps the price retreating from the levels that briefly offered hope of a sustained recovery. The weakness is visible and the direction is uncomfortably clear — but a CryptoQuant analysis tracking Binance exchange flows has identified a shift in UNI’s flow dynamics so extreme that it demands attention regardless of where one sits on the directional debate. Related Reading The 7-day average Binance Netflow for UNI has turned sharply positive at +145,829 UNI — a deviation of 6,019% above the…

Bitcoin Retail Sentiment Still Matters, Says Swan Bitcoin CEO

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Despite the growing institutional presence in crypto, retail sentiment is just as important as it was when Wall Street was largely on the sidelines, according to Swan Bitcoin CEO Cory Klippsten. “It still does. You have to remember it’s not like BlackRock owns the Bitcoin and Fidelity owns the Bitcoin. It’s a bunch of retail accounts mostly that actually buy that,” Klippsten said during an interview with Cointelegraph published to YouTube on Tuesday. Cory Klippsten spoke to Cointelegraph at BitcoinVegas 2026. Source: Cointelegraph “You know they’re buying it in a…

XRP Liquidity 7x Heavier Than Sells On Coinbase

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…