U.S.-listed exchange-traded funds tracking Ethereum have logged another day of strong inflows as institutional demand shows no signs of cooling. Ethereum ETFs recorded $729 million in inflows in their latest trading session on August 13, according to SoSoValue data.  BlackRock’s…...

TL;DR The entire cryptocurrency market turned red in the past hour or so, and Ripple’s cross-border payments token was not spared. XRP plunged to a weekly low, leaving over $60 million worth of short and mostly long positions wrecked. XRPUSD. Source: TradingView A lot can change in the digital...

The crypto market staged a sharp rebound in July, with total market capitalization climbing 14% from the previous month to $3.7 trillion, Wall Street bank JPMorgan (JPM) said in a research report Thursday. Average market cap rose 12% in the same period, driven by broad-based gains across tokens, decentralized...

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 4274.67, down 2.7% (-117.53) since 4 p.m. ET on Wednesday. One of 20 assets is trading higher. Leaders: ADA (+5.3%) and SOL (-1.6%)....

Stablecoin protocol USD.AI, which provides credit to artificial intelligence (AI) companies, has raised $13 million in Series A funding led by Framework Ventures. USD.AI, developed by Permian Labs, issues loans to emerging AI firms using graphics processing unit (GPU) hardware as collateral, cutting approval times by more than 90%...

Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, has launched the Gemini Wallet, a new self-custodial smart wallet that aims to streamline user access to Web3 protocols, decentralized finance (DeFi) platforms, and onchain applications, the company said in a blog post Thursday. Available at onchain.gemini.com, the Gemini...

Dinari, a U.S.-based provider of tokenized public securities, is set to launch its own blockchain, joining the latest wave of firms to build their own infrastructure. The chain, called the Dinari Financial Network, aims to serve as a coordination and settlement layer for the securities issued on other networks...

Inflation concerns were re-ignited during U.S. morning hours Thursday, sending risk assets — crypto among them — sharply lower. The July Producer Price Index (PPI) rose 0.9%, blowing past estimates for 0.2% and 0.0% in June. On a year-over-year basis, PPI was higher by 3.3% versus forecasts for 2.5%...

Google is imposing stricter licensing rules on cryptocurrency apps in its Play Store, a move that experts say hands more control to Big Tech platforms. Google is tightening its rules for cryptocurrency apps in the Play Store, introducing licensing requirements…...

Bitcoin dominance dips below 60%, fueling an altcoin rally led by Ethereum and setting the stage for memecoins like Pepeto to shine in 2025. #partnercontent...