Market News
Bitcoin, XRP and Solana Slip Ahead of PCE Data and Fed's Warsh Speech
Major cryptocurrencies eased lower as traders positioned defensively ahead of key inflation data and a closely watched speech from Fed Chair Warsh.
Spot XRP ETFs Cross $1.55 Billion in Cumulative Inflows
Seven U.S. spot XRP ETFs have pulled in a combined $1.55 billion since launch, with August inflows roughly doubling July's pace.
BlackRock Captures Majority of Single-Day Bitcoin and Ethereum ETF Inflows
BlackRock took over 60% of Bitcoin ETF inflows and 78% of Ethereum ETF inflows in a single trading day, underscoring its dominance among crypto ETF issuers.
BitMart Shuts Down After 8 Years as Exchange Exit Wave Continues
The exchange discontinued all trading, joining BitMEX and several other providers facing compliance deadlines between August 17 and 31.
Shinhan Financial and Visa Partner to Test Stablecoin Issuance in Korea
The strategic agreement will explore stablecoin issuance, remittance and redemption for the Korean market, adding a major domestic bank to Visa's growing stablecoin push.
Stablecoin Supply Shrinks $14.56B, Sharpest Contraction Since Terra Collapse
Total stablecoin market cap has fallen from a mid-May peak near $322 billion, with both USDT and USDC losing ground even as smaller issuers saw sharper declines.
Yellow Card Raises $40M as a Major Bank's VC Arm Backs African Crypto Play
Standard Chartered's SC Ventures joined Sony Innovation Fund, Polychain Capital and Blockchain Capital in the round, signaling renewed institutional confidence in crypto's real-world payments use case.
Visa, Mastercard and Stripe Near Launch of Joint Stablecoin Platform
Coinbase is reportedly exploring participation in the payment giants' unified stablecoin initiative, as each network pursues its own parallel crypto strategy.
Crypto Futures Open Interest Sheds $3B, Triggering $308M in Liquidations
A rapid price slide across major coins wiped out mostly leveraged long positions, following a record open-interest reading just days earlier.