Pi Network’s PI Shows Resilience at Key Support, Bitcoin (BTC) Dips Below $87K: Market Watch

CC is today’s top performer, while UNI is deep in the red. Bitcoin’s latest rejection at over $90,000 on Monday resulted in a continuous decline to under $86,500, and the asset is close to ending the year in the red. Most larger-cap alts are in the red today as well, with XRP slipping further away from the $1.90 support, and ETH nearing the $2,900 support. BTC Below $87K The primary cryptocurrency experienced enhanced volatility at the end of the previous business week, especially since the release of the US…

Philippines Blocks Coinbase, Gemini in Unlicensed VASP Enforcement

Internet service providers (ISPs) in the Philippines began blocking major crypto trading platforms as regulators moved to enforce local licensing rules on crypto service providers.  Users reported that as of Tuesday, access to global cryptocurrency exchanges Coinbase and Gemini was unavailable in the Philippines. Cointelegraph independently confirmed that both platforms were inaccessible across multiple local ISPs.  A report by the Manila Bulletin said the ISP blocks followed an order from the National Telecommunications Commission, which directed providers to restrict access to 50 online trading platforms flagged by the Bangko Sentral…

Trend Research Buys 46,379 ETH While Some Public Treasuries Sell Ether

Trend Research purchased 46,379 Ether (ETH) on Wednesday to raise its holdings to about 580,000 ETH, making it larger than most public Ethereum treasuries tracked by CoinGecko. Only two listed companies, SharpLink Gaming and BitMine Immersion Technologies, currently report bigger ETH balances, with 859,853 ETH and 4,066,062 ETH, respectively. Trend Research is not a publicly listed company and therefore does not appear in most Ethereum treasury rankings. Still, it has drawn industry attention for its rapid ETH accumulation. Trend Research is a secondary investment institution associated with LD Capital founder…

HashKey Capital Secures $250M in First Close for Crypto Fund IV

HashKey Capital secured $250 million in commitments in the first close of its fourth crypto-focused fund amid “significant interest” from institutional investors despite shifting market conditions. The fund, known as “HashKey Fintech Multi-Strategy Fund IV,” exceeded initial expectations at its first close and is targeting a final size of $500 million, the company said in a news release on Wednesday. HashKey did not identify its investors, but said the commitments came from a mix of global institutional investors, family offices and high-net-worth individuals. The close comes as short-term liquidity providers…

What Happened to XRP, SOL, ETH, and BTC Funds on December 23?

The XRP streak continues, while others bleed out. The different investor behavior toward the spot crypto ETFs continues, as the BTC and ETH funds are still bleeding out heavily. In contrast, the spot XRP and SOL products have enjoyed a healthy green streak, even though the net inflows are not always substantial. The Green ETFs CryptoPotato has repeatedly reported over the past month or so that spot XRP ETFs have become the main attraction among all crypto ETFs. Ever since the first one debuted on November 13 – Canary…

Ethzilla Stock Tanks 15% After DAT Dumps a Quarter of its ETH Stash

Shares in the digital asset treasury slumped after it announced the sale of some of its Ethereum holdings. Ethzilla stock (ETHZ) tanked 15% on Tuesday following the company’s decision to sell $74.5 million worth of Ethereum to repay debts. Shares slid from just over $6 to an intraday low of $5.12. They were hovering around $5.35 during after-hours trading, according to Google Finance. Ethzilla has lost 21% in share value since the opening of the Nasdaq on Monday morning and is down 95% since it spiked over $100 in August.…

Bitcoin Heads for Rare Red Year as October Crash Still Haunts Markets

Bitcoin is shaping up to end the year in the red, which will be just the fourth year in history it has done so. Bitcoin is currently down 7% so far YTD, and it has only ended the year in the red in 2014, 2018, and 2022. All three were bear market years, and 2025 isn’t, leading analysts and experts to ask: Is something broken? Many are specifically pointing at October 10, which saw BTC prices crash 10%, losing over $12,000 in a day or so in the industry’s…

Solana (SOL) At Risk of Fresh Bearish Wave, Traders Turn Cautious

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Crypto ETF Outflows Show Institutions Disengaging: Glassnode

Bitcoin and Ether exchange-traded funds have seen a prolonged streak of outflows, indicating that institutional investors have disengaged with crypto, says the analytics platform Glassnode. Since early November, the 30-day simple moving average of net flows into US spot Bitcoin (BTC) and Ether (ETH) ETFs has turned negative, Glassnode said on Tuesday. “This persistence suggests a phase of muted participation and partial disengagement from institutional allocators, reinforcing the broader liquidity contraction across the crypto market,” it added. Flows into crypto ETFs usually lag the spot markets for the tokens, which…

Solana ETFs Surge to $750M as Investors Largely Ignore Volatility

Despite volatile markets, Solana ETFs recorded $750M inflows, limited outflows, rising validator adoption, and rapid stablecoin growth. Spot Solana exchange-traded funds (ETFs) have continued to attract investor interest since their launch in the United States on October 28. According to data, spot Solana ETFs have posted $750.10 million in cumulative net inflows as of December 22, with outflows recorded on only three trading days since launch. All of those outflows were relatively small, and each was less than $33 million, despite the intense, choppy price action in the last…