Tag: News

Tether To Terminate Offshore Yuan (CNH₮) Operations – Here’s Why

Stablecoin operator Tether has announced its decision to discontinue support for its offshore Chinese Yuan token CNH₮. The USDT operator has attributed this development to a lack of market demand, among other points. Tether To Terminate CNH₮ Redemption In One Year  In a recent blog post, Tether shared a...
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Ripple ETF Demand Is Gone as XRP Price Tumbles 11% Weekly

It has been another week of underwhelming XRP ETF performance, with the funds attracting little to no actual net inflows. At the same time, the underlying asset has struggled to maintain the price resurgance from last week, and now trades over 10% lower. Where Did the Ripple ETF Demand...
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Bitcoin Price Pullback: How Whales and Retail Investors Are Reacting

Bitcoin’s price movements since early October can safely be categorized as bearish, given the fact that the asset shed over 50% of its value from its all-time high to its multi-year low of $60,000 marked on February 6. Although it has recovered some ground since then, the cryptocurrency is...
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Bitcoin Spot ETFs Register 5-Week Negative Streak – Details

As Bitcoin price struggles persist, the Bitcoin Spot ETFs continue to witness consistent net negative performance, highlighting the heightened bearish sentiments among retail and institutional investors. As the latest trading session closed on February 20, the Bitcoin ETFs have now experienced five consecutive weeks ending on a red note,...
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Vitalik Buterin Dumps Even More ETH as Prices Struggle Below $2K

On-chain data from Arkham Intelligence and Lookonchain showed that Vitalik Buterin has resumed his selling spree of ETH with another multi-million dollar transfer. The analysts explained that he had withdrawn another batch of 3,500 ETH (worth roughly $7 million at the time) from Aave with the likely intention to...
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