U.S. spot crypto exchange-traded funds recorded approximately $455.3 million in combined net outflows on Friday, June 26, as Bitcoin ETF redemptions remained the dominant driver of institutional selling pressure. Spot Bitcoin ETFs lost $444.5 million on the day, extending a sharp run of withdrawals from regulated Bitcoin investment products. The entire outflow came from BlackRock’s
Strobe Finance, one of the first decentralized lending protocols built on the XRP Ledger EVM Sidechain, is shutting down after failing to secure additional funding and suffering declining protocol revenue as activity across the XRP DeFi ecosystem weakened. The protocol announced that it will permanently wind down operations over the coming weeks, urging users to
Sophon is shutting down its zero-knowledge Layer 2 blockchain and abandoning the traditional gas token model, marking one of the most significant strategic pivots in the Ethereum scaling ecosystem as the project shifts entirely toward consumer applications built on Coinbase’s Base network. The move comes alongside a complete redesign of the SOPH token economy. Rather
Singapore’s financial regulator has added decentralized trading platform Hyperliquid to its Investor Alert List, just days after including crypto exchange Bybit, highlighting the city-state’s increasingly aggressive stance toward digital asset platforms that are not licensed to provide regulated services locally. The Monetary Authority of Singapore (MAS) added Hyperliquid to the list on June 26, following
Why Did India’s USDT Premium Surge? India’s USDT premium has climbed above 8.5%, more than double its typical range, after Enforcement Directorate raids on crypto remittance firms disrupted the domestic stablecoin supply pipeline. USDT was trading at 102.88 Indian rupees on local platforms over the weekend, compared with a USD-INR interbank closing rate of 94.65
Why Did Strategy Stop Buying Bitcoin Last Week? Strategy paused its bitcoin acquisitions between June 22 and June 28 despite raising about $1.15 billion from sales of its Class A common stock, MSTR. The company’s total bitcoin holdings remained unchanged at 847,363 BTC, according to a Monday filing with the Securities and Exchange Commission. The
The decentralized finance (DeFi) market experienced significant momentum on June 26, 2026, as digital assets staged a sharp recovery following a period of persistent selling. Leading the broader market rebound was Aave (AAVE), the largest decentralized lending protocol, which surged by more than 19% within a 24-hour window. This massive rally propelled the token to
Decentralized exchange Oxium will shut down on Aug. 1 after prolonged weak market conditions made the business financially unsustainable, becoming the latest casualty of a difficult environment for smaller crypto trading platforms. In a statement published on X, the team behind the Sei-based decentralized exchange said declining revenue had made it impossible to continue operating
Meta Platforms (NASDAQ: META) stock has fallen sharply in recent months, sliding from its record high of $796 in August last year to $562. Although the decline has left the company looking increasingly undervalued, downside risks remain, and the stock could face further weakness in the near term. Meta Platforms stock price crashes amid AI
The Roundhill Memory ETF (DRAM) stock price dropped sharply this week as investors waited for the financial results of one of its biggest constituent companies. It also reacted to a new report about SK Hynix, the second-biggest company in South Korea. It was trading at $70 on Wednesday, a few points above this week’s low