Spot Ether ETFs Post Straight Week Of Outflows

US-based spot Ether exchange-traded funds (ETF) have posted five straight net outflow days as the asset’s price slid around 10% over the week. On Friday, spot Ether (ETH) ETFs closed the trading week with $248.4 million in daily outflows, bringing total weekly outflows to $795.8 million, according to Farside data. Meanwhile, the price of Ether fell 10.25% over the past seven days, trading at $4,013 at the time of publication, according to CoinMarketCap data. Ether’s price is down 12.24% over the past 30 days. Source: CoinMarketCap The last time spot…

Bitcoin’s Pullback Is Merciless for Alts, But Here’s Why This Could Be Temporary

Altcoins are facing intense pressure as Bitcoin slipped below $110K, which triggered over $1.1 billion in long liquidations on a 24-hour scale. 75% of the losses came from alts and nearly 45% from ETH alone after it broke below $4,000. But upside potential remains intact. Alt Season Ends or Just Paused? According to the latest update shared by Altcoin Vector, the Market Phase has rotated back to Bitcoin after 79 days of Ethereum dominance and swings through mid- and small-cap tokens. ETH’s season lasted 68 days, during which it lifted…

Vitalik Buterin Slams EU’s ‘Chat Control’ Bill, Warns of Privacy Threat

Ethereum co-founder Vitalik Buterin has criticized the European Union’s proposed “Chat Control” legislation, warning that it threatens the right to privacy in digital communications. In a Saturday post shared on X, Buterin voiced opposition to mandatory surveillance measures that would require tech platforms to scan private messages for illegal content. “We all deserve privacy and security… for our private communications,” Buterin said. “You cannot make society secure by making people insecure,” he wrote, arguing that backdoors built for law enforcement are “inevitably hackable” and undermine the safety of everyone. The…

Bitcoin Traders Debate Where BTC Price is Heading Next: $60K or $140K?

Key takeaways: Bitcoin price charts from 2021 hint at a crash toward $60,000 if history repeats. Bulls see $104,000 support holding, with targets at $140,000 or higher. Bitcoin (BTC) has dropped more than 12.75% from its record high above $124,500, splitting traders into two camps. One sees it as a routine bull market correction, while others warn that a new bear cycle has begun. But which side has the better argument? Bitcoin 2021 chart fractals hint at $60,000 According to multiple analyses, Bitcoin could repeat the price trajectory that foreshadowed…

Several SOL Staking ETFs May Be Approved Within 2 Weeks

Several applications for Solana exchange-traded funds (ETFs) with staking could receive US approval by mid-October, ETF analyst Nate Geraci said, following fresh regulatory filings. “Guessing these are approved [within the] next two weeks,” Geraci, the president of NovaDius Wealth Management, said in an X post on Friday. Geraci noted that asset managers Franklin Templeton, Fidelity Investments, CoinShares, Bitwise Asset Management, Grayscale Investments, VanEck, and Canary Capital all filed amended S-1 documents for spot Solana (SOL) ETFs to the US Securities and Exchange Commission (SEC) on Friday. The S-1 document is…

Mike Novogratz Predicts ‘Biggest Bull Catalyst’ For Bitcoin

Galaxy Digital CEO Mike Novogratz said Bitcoin’s price could see a significant rally if the next US Federal Reserve chair nominee to replace Jerome Powell is exceptionally dovish. “That’s the potential biggest bull catalyst for Bitcoin and the rest of crypto,” Novogratz said in an interview with Kyle Chasse published to YouTube on Friday. “Fed’s cutting when they shouldn’t be, and you put in a massive dove,” Novogratz said, adding that may lead to “your blow-off top” moment for Bitcoin (BTC). “Can Bitcoin get to $200K? Of course it could…Because…

Stablecoin boom risks ‘cryptoization’ in emerging markets

As stablecoin and cryptocurrency adoption accelerate worldwide, emerging markets face mounting risks to monetary sovereignty and financial stability, according to a new report from Moody’s Ratings.  The credit rating service warned that widespread use of stablecoins — tokens pegged 1:1 with another asset, usually a fiat currency like the US dollar — could weaken central banks’ control over interest rates and exchange rate stability, a trend called “cryptoization.”  Banks could also “face deposit erosion if individuals shift savings from domestic bank deposits into stablecoins or crypto wallets,” the report said. …

ASTER Emerges as Top Trending Token on CoinGecko

Aster (ASTER) has emerged as a top trending token on CoinGecko, with its value surging over 2,400% since its launch. The project’s popularity is fueled by its Season 2 points program and key endorsements from industry figures, including former Binance CEO Changpeng Zhao (CZ). ASTER Climbs Rankings The crypto data aggregator reported via X that XLP has achieved the top spot on CoinGecko after a recent airdrop valued at about $10,000 was distributed to holders. Close behind on the rankings are the perpetual tokens ASTER and AVNT. ASTER is the…

Circle plans on-chain refund protocol for Arc blockchain

Key Takeaways Circle plans to launch an on-chain refund protocol for its Arc blockchain to address fraud and compliance issues in stablecoin transactions. The Refund Protocol will use escrow and arbiter-resolved refunds to let treasury teams and banks manage disputes fully on-chain. Share this article Circle plans to introduce an on-chain refund protocol for its Arc blockchain to address fraud and compliance issues in stablecoin transactions. The Refund Protocol will hold disputed payments in escrow and enable arbiter-resolved refunds, providing a mechanism for treasury teams and banks to manage transaction…

Bitcoin Fails To Hold $110K, Here’s Why

Key takeaways: Strong US economic data and rising gold prices shift investor focus away from Bitcoin’s upside. Regulatory uncertainty and vague US Strategic Bitcoin Reserve plans keep BTC price down despite macro tailwinds. Bitcoin (BTC) failed to reclaim the $110,000 level on Friday, despite high expectations from traders following the monthly BTC options expiry. Hopes for a post-expiry rally were dashed as bearish momentum continued, driven by several headwinds, including macroeconomic data and a possible investigation targeting listed cryptocurrency treasury companies. The US Commerce Department reported Friday that the Personal…