Tag: Crypto
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XRP Exchange Supply Falls to Eight Year Lows as Market Eyes Potential 2026 Rally
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XRP has entered a critical phase as the supply of tokens held on cryptocurrency exchanges has dropped to levels last seen eight years ago. This sharp decline in readily available XRP is fuelling discussion across the market about a possible supply driven rally in 2026. With selling pressure easing and price holding above a historically…
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Spot Bitcoin ETFs See 782 Million Dollar Outflow During Christmas Week as Holiday Positioning Takes Hold
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Spot Bitcoin exchange traded funds in the United States faced a sharp wave of withdrawals during the Christmas holiday week, shedding a combined 782 million dollars as investors trimmed exposure amid seasonal slowdowns. Market analysts say the pullback reflects year end positioning and lighter trading activity rather than a meaningful drop in institutional confidence toward…
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Mirae Asset in Talks to Acquire Korean Crypto Exchange Korbit in Deal Valued Up to $100 Million
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Mirae Asset Group is reportedly exploring the acquisition of South Korea based cryptocurrency exchange Korbit, a move that could mark another major financial institution stepping deeper into the digital asset space. According to local media reports, discussions are underway for a deal valued between 100 billion and 140 billion Korean won, translating to roughly $70…
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Trust Wallet to Reimburse Users After Christmas Day Hack Sparks Insider Concerns
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$7 Million Lost in Extension Compromise Trust Wallet users lost around $7 million after a malicious exploit targeted the wallet’s browser extension on Christmas Day. The incident affected desktop users running Trust Wallet browser extension version 2.68, which was later confirmed to have been compromised. Trust Wallet acknowledged the breach in a post on X…
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Memecoins Slide From Holiday Highs to Year End Lows as Speculative Fever Cools
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Memecoins, once a symbol of retail enthusiasm and high risk trading, are ending the year on a subdued note. After peaking during the Christmas rally of 2024, the sector has seen a sharp reversal marked by falling prices, shrinking volumes and weakening investor participation. What was once a playground for fast money has become a…
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Tether-linked Northern Data sells Bitcoin mining arm to firms tied to Tether executives
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Northern Data, a data centre operator majority owned by stablecoin issuer Tether, has sold its Bitcoin mining business to companies controlled by senior Tether executives, according to a report by the Financial Times. The mining unit, known as Peak Mining, was sold for a price of up to $200 million. The buyers are Highland Group…
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Hyperliquid Says Former Employee Behind HYPE Token Shorting
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Wallet Linked to Ex Staff Member, Says Co Founder Decentralised perpetuals exchange Hyperliquid has responded to community allegations of insider trading involving its native HYPE token. The company said that a wallet accused of shorting HYPE belonged to a former employee who was dismissed in early 2024. In a message shared on Hyperliquid’s Discord channel…
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Jump Trading faces $4bn lawsuit linked to Terra collapse
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Terraform administrator files major claim The administrator of bankrupt crypto firm Terraform Labs has filed a lawsuit seeking $4 billion in damages from trading firm Jump Trading and several senior executives. The legal action was reported by The Wall Street Journal and relates to the collapse of the Terra blockchain ecosystem in 2022 which wiped…
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Fidelity macro lead predicts $65,000 Bitcoin bottom in 2026 as bull cycle nears end
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Fidelity’s director of global macro research Jurrien Timmer has warned that Bitcoin may be approaching the end of its traditional four year halving cycle. While maintaining a long term bullish view on the asset Timmer suggested the current market phase could give way to a period of downside lasting into 2026. In a post shared…
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DAT Longevity Depends on Escaping the mNAV Roller Coaster, Says Solmate CEO
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Digital asset treasury companies have quickly become one of the defining crypto trends of 2025. But while investor interest has surged, their long-term survival will depend on how well they manage capital and whether they can build real, revenue-generating businesses alongside their token holdings. According to Solmate CEO Marco Santori, companies that rely purely on…