Strategy Supports Call for JPM Boycott, Zcash v BTC Debate

Today in crypto: Bitcoin community’s backlash against JP Morgan grows with calls to boycott, Bloomberg’s Eric Balchunas says Zcash could dilute political and cultural support for Bitcoin, BlackRock’s clients aren’t factoring Bitcoin’s global payments potential into their investment thesis. Bitcoin community’s backlash against JP Morgan grows with calls to boycott The Bitcoin (BTC) community and…

ETF Outflows, Stablecoin Dip, DAT Reversals Signal Crypto Capital Flight

Bitcoin’s slide to $84,000 is being driven less by mood and more by mechanics, according to Greg Cipolaro, Global Head of Research at NYDIG. In a report, Cipolaro said the core engines of the 2024–25 rally have shifted into reverse. Spot bitcoin ETFs, once the primary source of demand for the cycle, now exhibit persistent redemptions….

Bitwise XRP ETF Debuts as Community Questions Ticker Choice

Bitwise Asset Management has confirmed that its new spot exchange-traded fund (ETF) tracking XRP is set to launch on Thursday, under the ticker “XRP.” The new fund will go live on the New York Stock Exchange, the asset manager announced, which X users were quick to applaud, and also pointed out the possible confusion it…

ARK Invest Buys Bullish, Circle and BitMine As Crypto Stocks Sink

Cathie Wood’s ARK Invest increased its exposure to crypto-related stocks on Wednesday, purchasing Bullish, Circle Internet Group and BitMine Immersion Technologies across multiple exchange-traded funds (ETFs) as crypto stocks slid deeper into the red. According to ARK’s daily trade disclosure, the ARK Fintech Innovation ETF (ARKF) bought 48,011 shares of Bullish, while the ARK Next…

Bitcoin vs Zcash, Bitcoin, and Interest Rate News

Today in crypto: Bloomberg’s Eric Balchunas says Zcash could dilute political and cultural support for Bitcoin, BlackRock’s clients aren’t factoring Bitcoin’s global payments potential into their investment thesis. Meanwhile, Peter Schiff says OGs selling to ‘weak’ hands will make future downturns more sever. Zcash risks ‘splitting the vote’ against Bitcoin, Bloomberg ETF analyst warns Bloomberg…

ETH Enters Buy Zone Under $3K as Liquidity Resets

Key takeaways: Ether’s 20% monthly decline has pushed it into a clear daily downtrend, retesting $3,000 for the first time since July. The Mayer Multiple falling below 1 signals a historically strong accumulation zone, resembling past bottoming phases. Leveraged liquidity has reset, but clusters at $2,900 and $2,760 warn of further volatility before a potential…

Chainlink Is ‘Critical Connective Tissue’ for Tokenization

Grayscale has said that Chainlink will be at the center of the next major phase of blockchain adoption, referring to the project as the “critical connective tissue” that links crypto to traditional finance. In a recent research report, the asset manager argued that Chainlink (LINK)’s growing suite of software tools is emerging as essential infrastructure…

Bitcoin vs Zcash, Bitcoin, and Interest Rate News

Today in crypto: Bloomberg’s Eric Balchunas says Zcash could dilute political and cultural support for Bitcoin, BlackRock’s clients aren’t factoring Bitcoin’s global payments potential into their investment thesis. Meanwhile, Peter Schiff says OGs selling to ‘weak’ hands will make future downturns more sever. Zcash risks ‘splitting the vote’ against Bitcoin, Bloomberg ETF analyst warns Bloomberg…

Chainlink Is ‘Critical Connective Tissue’ for Tokenization

Grayscale has said that Chainlink will be at the center of the next major phase of blockchain adoption, referring to the project as the “critical connective tissue” that links crypto to traditional finance. In a recent research report, the asset manager argued that Chainlink (LINK)’s growing suite of software tools is emerging as essential infrastructure…

Solana and XRP ETFs Defy Outflows as Markets Face Heavy Outflows

While spot Bitcoin and Ether exchange-traded funds (ETFs) are facing some of the biggest daily outflows since they launch, two new altcoin products are bucking the trend. Despite the broader market rout, Solana (SOL) and XRP (XRP) ETFs have yet to record a single outflow day since launch, according to crypto ETF data aggregator SoSoValue….