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Cryptocurrencies
Crypto fund outflows reach nearly half a billion over 9 weeks — CoinShares
Outflows from crypto exchange-traded products (ETPs) reached $455 million over the previous nine weeks, according to a report from asset manager CoinShares. Outflows from ETPs generally indicate negative sentiment toward…
Ethereum’s active addresses second-highest in history: Analysts
Through an examination of Ether’s (ETH) on-chain activity, market intelligence platform Santiment has published a report indicating that the count of daily active Ether addresses experienced a notable increase, reaching around 1,089,893…
XRP bucks trend as crypto assets experience 4th straight week of outflows
Cryptocurrency asset outflows for the week of Sept. 3 through 9 totaled $59.3 million, bringing the current run to $249 million over four consecutive weeks. Bitcoin (BTC) experienced the bulk of activity last week, with its $68.9 million…
Crypto whale loses $24M in staked Ethereum to phishing attack
A cryptocurrency whale has fallen victim to a massive phishing attack, losing millions of dollars in staked Ether (ETH) on the liquid staking provider Rocket Pool.The investor lost their entire address balance of Lido Staked ETH (stETH)…
Balancer protocol exploited for $900K as DeFi hacks mount: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.In this week’s newsletter, Ethereum staking…
Researchers develop crypto literacy scale to measure consumer financial awareness
A trio of researchers from the University of Cincinnati recently developed a crypto literacy scale (CLS) to help standardize and measure economic and financial knowledge as it relates to consumer and policymaker understanding of…
Gen Z in South Korea prefers XRP and other altcoins to BTC and ETH: Report
Gen Z cryptocurrency investors in South Korea are reportedly more keen to invest in altcoins, specifically Ripple’s XRP (XRP), than Bitcoin (BTC) and Ether (ETH), according to a local South Korean news outlet.News1 Korea analyzed crypto…
Dwindling optimism for Bitcoin ETF approval to blame as weekly crypto outflows hit $55M
Digital asset investment products saw $55 million in outflows for the week of September 13-19, according to a report from CoinShares. Optimism surrounding what was previously thought to be the impending approval of a spot-based Bitcoin…
Bitcoin, Ether price slump leads to crypto bloodbath with $1B in liquidations
The Bitcoin (BTC) and Ether (ETH) price slump on Aug .18 saw the top two cryptocurrencies fall to a 2-month low and triggered a series of liquidations for thousands of derivative traders.The crypto bloodbath led to billions of dollars…
2024 could be very bullish for crypto — Here’s why
This week’s episode of Cointelegraph’s Market Talks welcomes Huf, the founder of Pear Protocol, a new decentralized exchange launching on Arbitrum in 2023. Huf worked as an equity derivatives trader for various investment banks for over…
