Author: Digicoinvision
The debut of the Canary Capital XRP exchange-traded fund (ETF) is signaling renewed demand for altcoins, after the fund posted the strongest first-day performance of the more than 900 ETFs launched in 2025.Canary Capital’s XRP (XRP) ETF closed its first day with $58 million in trading volume, marking the most successful ETF debut of 2025 among both crypto and traditional ETFs, said Bloomberg ETF analyst Eric Balchunas in a Thursday X post. The new fund garnered over $250 million in inflows during its first trading day, surpassing the recent inflows of all other crypto ETFs. Part of the reason behind the successful…
Join Our Telegram channel to stay up to date on breaking news coverage Decentralized prediction markets platform Polymarket has quietly re-entered the US in beta mode after resolving an enforcement case with the US Commodity Futures Trading Commission (CFTC). The platform’s founder, Shayne Coplan, said at Cantor Fitzgerald’s crypto conference that the US platform is “live and operational,” according to a recent Bloomberg report. During the beta mode, the platform has allowed certain users to place bets on real contracts as well, the founder added. Now, Polymarket is in its final stages before officially opening in the US, the report…
Ethereum price continues to weaken as long-term holders sell at their fastest pace since 2021, putting steady pressure on ETH market sentiment. Summary Ethereum price is sliding as long-term holders increase daily sell pressure Futures data from CryptoQuant shows net taker volume is still negative, suggesting buyers have not regained control. Technical indicators and moving averages remain aligned to the downside, maintaining bearish trend. Ethereum is trading near $3,211, down 10% in the past 24 hours. The price has fallen 4% over the week and 21% in the past month, leaving it about 35% below the August high of $4,946.…
Smartphone-based decentralized confidential compute project Acurast has raised $11 million, claiming tamper-resistant execution on consumer phones and secure hardware verification.According to a Thursday announcement shared with Cointelegraph, Acurast raised $11 million from Ethereum co-founder and Polkadot founder Gavin Wood, MN Capital founder Michael van de Poppe and GlueNet founder Ogle, among others. The project aims to launch its mainnet on Nov. 17, and plans to release its native token ACU alongside it.Acurast founder Alessandro De Carli said “billions of smartphones are the most battle-tested hardware on earth” and that the company hopes to reduce costs by leveraging them for “verifiable,…
Join Our Telegram channel to stay up to date on breaking news coverage Ark Invest, the asset management firm led by Cathie Wood, has purchased $30.5 million worth of shares in Circle Internet Group, the issuer of the USD Coin (USDC) stablecoin. That’s as Circle’s share price dropped over 12% in the past 24 hours, data from Google Finance shows. The selloff continued in after-hours trading, pushing the stablecoin firm’s stock price down another 1%. Circle share price chart (Source: Google Finance) The 24-hour drop in Circle’s share price was an extension of the downtrend seen in the past month.…
The acting chair of the Federal Deposit Insurance Corporation (FDIC), the regulatory body overseeing banks in the US, is reportedly considering guidance for tokenized deposit insurance and plans to launch an application process for stablecoins by year’s end.Acting FDIC Chair Travis Hill, who has made bullish statements about tokenization in the past, told the Federal Reserve Bank of Philadelphia’s Fintech Conference on Thursday that the regulator will eventually release guidance around tokenized deposit insurance, according to reports.The FDIC protects depositors in the event of a bank failure and insures money in accounts at banks that are insured by the regulator. “My…
Join Our Telegram channel to stay up to date on breaking news coverage On-chain intelligence firm Santiment says that the increasingly negative trader and investor sentiment in the market could ignite a rally this month. In the past 24 hours, the crypto market cap jumped by a fraction of a percentage to around $3.5 trillion, according to data from CoinMarketCap. Growing Fear In The Market Is An Ideal Launchpad Santiment said in a recent X post that trader’s “moods are fading towards crypto.” It added that the growing negativity in the market “is welcomed news for the patient.” 😠 Traders’…
Blockchain security platform Socket has warned of a new malicious crypto wallet extension on Google’s Chrome Web Store that has a unique way of stealing seed phrases to drain user assets. The extension is called “Safery: Ethereum Wallet” and claims itself as a “reliable and secure browser extension designed for easy and efficient management” of Ethereum-based assets. However, as highlighted in a Tuesday report from Socket, the extension is actually designed to steal seed phrases via a crafty backdoor. “Marketed as a simple, secure Ethereum (ETH) wallet, it contains a backdoor that exfiltrates seed phrases by encoding them into Sui addresses and broadcasting…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum (ETH) is showing renewed strength after the U.S. government ended its historic 43-day shutdown, an event that had weighed heavily on investor confidence across global markets. Related Reading: Ethereum’s Fusaka Upgrade Is Just Around The Corner—What To Expect ETH price is currently hovering above the $3,400 support zone after a volatile week marked by ETF outflows, declining volume, and intense bearish sentiment. ETH’s price trends to the downside on the daily chart. Source: ETHUSD on Tradingview Shutdown Resolution Lifts Market Sentiment as ETH Reclaims Stability The…
Join Our Telegram channel to stay up to date on breaking news coverage The Monetary Authority of Singapore (MAS) has announced plans to trial the issuance of tokenized MAS bills to primary dealers that will be settled with a central bank digital currency (CBDC). During a speech at the Singapore FinTech Festival, MAS Director Chia Der Jiun said that three Singapore banks, DBS, OCBC, and UOB, have successfully conducted interbank overnight lending transactions using the first live trial issuance of a Singapore dollar wholesale CBDC for settlement. Marking SFF’s 10th anniversary, MAS Managing Director Chia Der Jiun delivered his remarks…