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At intra-day lows, ADA had dumped over 40% since its recent highs. But the worst might already be over, and 2025 could bring new highs.
XRP temporarily crashed as investors panicked after the Fed's hawkish comments
The new policy will take effect on January 15, 2025.
The proposal outlines a roadmap for the United States to foster growth in the digital asset industry.
Quick Take President-elect Donald Trump announced that Bo Hines, a former college football player who ran unsuccessfully for the House of Representatives in 2022, to lead his “Crypto Council” as the Executive Director of the Presidential Council of Advisers for Digital Assets. “In his new role, Bo will work with David [Sacks] to foster innovation and growth in the digital assets space, while ensuring industry leaders have the resources they need to succeed,” Trump wrote. Trump also earlier appointed Stephe
Quick Take Securitize, the broker-dealer for BlackRock’s BUIDL tokenized money market fund, has submitted a governance proposal that calls for adding the BUIDL token as a backing for Frax’s soon-to-be-relaunched Frax USD stablecoin. The stablecoin will come with a novel mint-redeem system and could also be backed by assets in tokenized funds managed by Superstate, Frax founder Sam Kazemian told The Block. While it has yet to come up for a vote, early feedback from Frax DAO members for the proposals is univ
- 04:07Metaplanet’s June Stock Trading Volume Reaches 1.87 Trillion Yen, Surpassing Shares of Certain ExchangesAccording to a report by Jinse Finance citing Reuters, data released by the Tokyo Stock Exchange shows that Metaplanet, which has been continuously increasing its Bitcoin holdings, recorded a stock trading volume of 1.87 trillion yen in June, nearly double the 997.6 billion yen in May. Since November last year, the company has maintained the top spot in standard market trading volume. In terms of simple trading volume comparison, Metaplanet’s June trading volume surpassed that of Toyota Motor (1.64 trillion yen) and Sony Group (1.32 trillion yen) on the main board market. The highest trading volume on the main board was Advantest, reaching 4.85 trillion yen.
- 04:02Ethereum Spot ETFs Saw a Total Net Inflow of $62.11 Million Yesterday, with No Net Outflows Among the Nine ETFsOdaily Planet Daily News According to SoSoValue data, on July 7 (Eastern Time), the total net inflow into Ethereum spot ETFs was $62.1123 million.The Ethereum spot ETF with the highest single-day net inflow yesterday was BlackRock’s ETF ETHA, with a single-day net inflow of $53.2074 million. ETHA’s historical total net inflow has now reached $5.669 billion.Next was Fidelity’s ETF FETH, with a single-day net inflow of $8.9049 million. FETH’s historical total net inflow has now reached $1.748 billion.As of press time, the total net asset value of Ethereum spot ETFs stands at $10.712 billion, with the ETF net asset ratio (market value as a percentage of Ethereum’s total market cap) at 3.5%. The historical cumulative net inflow has reached $4.46 billion.
- 03:57Data: Bitcoin Spot ETFs Recorded a Net Inflow of $217 Million Yesterday, Marking Three Consecutive Days of Net InflowsAccording to ChainCatcher, citing SoSoValue data, the total net inflow into Bitcoin spot ETFs yesterday (July 7, Eastern Time) was $217 million. The Bitcoin spot ETF with the highest single-day net inflow yesterday was BlackRock's ETF IBIT, with a net inflow of $165 million for the day. IBIT's historical total net inflow has now reached $52.81 billion. Next was Fidelity's ETF FBTC, with a single-day net inflow of $66.05 million. FBTC's historical total net inflow has reached $12.275 billion. The Bitcoin spot ETF with the largest single-day net outflow yesterday was Grayscale's ETF GBTC, with a net outflow of $10.2061 million for the day. GBTC's historical total net outflow has reached $23.344 billion. As of press time, the total net asset value of Bitcoin spot ETFs stands at $135.709 billion, with the ETF net asset ratio (market value as a percentage of total Bitcoin market cap) at 6.32%. The historical cumulative net inflow has reached $49.858 billion.