Bybit opens tokenized SpaceX access through IPO Express
Bybit has entered the tokenized equity market with the launch of IPO Express, a new product designed to offer blockchain-based exposure to private and public companies.The exchange also introduced subscriptions for tokenized SpaceX shares through a partnership with xStocks. Spot…
Bitcoin ETFs Recorded Their Worst Week Since Inception Amid BTC’s Massive Price Slide
It was an extremely painful week for the spot Bitcoin ETFs, as the outflows skyrocketed to new anti-record. The spot exchange-traded funds tracking the world’s largest cryptocurrency are typically a solid sign of how the underlying asset’s price performs,…
ZachXBT flags JuCoin reserves as users report withdrawal delays
JuCoin is facing fresh scrutiny after on-chain investigator ZachXBT flagged user complaints about withdrawal delays and questioned the exchange’s reserve claims. Summary ZachXBT said JuCoin users reported withdrawal delays over the past week, raising exchange risk concerns. JuCoin’s reported reserves…
rebound or another drop below $1?
XRP traded near $1.16 on June 7 after a sharp weekly selloff pushed the token close to the $1.00 area. The move gave traders a short-term rebound, but the wider trend remains weak. Summary XRP rebounded near $1.16, but weekly…
XRP Ledger Eyes Tokenized Finance as Schwartz Maps Next Use Cases
David Schwartz, Ripple’s CTO emeritus, says XRP Ledger utility is moving beyond its early role in payments as enterprises test wider blockchain-based finance. Summary David Schwartz says XRP Ledger use is expanding from payments into tokenized real-world financial assets. RLUSD’s…
Here’s How Deeply Underwater Corporate Crypto Bets Have Become After Latest Crash
Strategy and Bitmine lead the pack with massive unrealized losses. The past week or so has been nothing short of a bloodbath in the cryptocurrency markets, with bitcoin plummeting to $59,000 on Friday for the first time in 19…
BlackRock’s IBIT leads Bitcoin ETFs back into outflows as BTC price slides
U.S. spot Bitcoin ETFs returned to net outflows on Friday after briefly snapping a record withdrawal streak, with BlackRock’s IBIT leading the declines as Bitcoin fell below the key $60,000 support level and investor sentiment deteriorated. Summary Bitcoin ETFs posted…
Did SpaceX IPO fever trigger Bitcoin’s sharp drop this week?
Online speculation has tied Bitcoin’s latest drop to retail demand for SpaceX’s record IPO, but crypto flow data has not shown clear evidence of a mass cash exit. Summary Online speculation linked Bitcoin’s recent drop to retail demand for SpaceX’s…
Worldcoin price dives over 25% as Arthur Hayes exits WLD, will $0.35 support break?
Worldcoin price has plunged more than 25% after Arthur Hayes closed his entire WLD position, triggering a sharp reversal in one of the crypto market’s strongest AI-linked trades. Summary Worldcoin price plunged 28% after Arthur Hayes disclosed that Maelstrom had…
Will ETH Dump Toward $1K Next?
Ethereum has entered a decisive bearish phase after losing multiple high-timeframe support levels in a matter of days. The latest sell-off pushed ETH through a major confluence zone that had previously acted as support throughout the first half of the…
