Crypto Uutiset

The world’s largest crypto exchange Binance on Wednesday said it plans to delist some spot and margin trading pairs. The delisting to impact crypto such as Axelar (AXL), Coin98 (C98), Enjin Coin (ENJ), Bella Protocol (BEL), NULS, Lisk (LSK), Litentry (LIT), and SafePal (SFP). As a result, the price of some abovementioned crypto drops in The post Binance Removes These Crypto Trading Pairs, Sparking Price Dip Concerns appeared first on CoinGape.

Bitcoin and crypto ETPs continue their impressive performance just a week into the new year. According to a CoinShares report filed by James Butterfill, crypto ETPs saw massive $585 million inflows in the first few days of the year. Analysts say this early strong performance of the crypto ETPs continues the impressive run of the assets from last year. Related Reading: SUI Skyrockets: Bullish Momentum Drives Push Toward $6 In the same CoinShares report, crypto ETPs achieved over $44 billion outflows in 2024, with Bitcoin as the most-traded digital asset. Bitcoin saw $38 billion in inflows, representing nearly 30% of all Assets in Management (AUM), while Ethereum picked up pace in the latter half of the year, with net inflows of more than $4.8 billion. Bitcoin ETPs Lead The Pack CoinShare’s James Butterfill shared these findings on the performance of crypto ETPs on the company’s official site and social media pages. The report explained that Bitcoin ETPs were the preferred digital investment product, cornering $38 billion of all Bitcoin AUMs of global ETPs. 2024 saw US$44bn inflows in to crypto ETPs, 2025 off to a good start with US$585m inflows so farhttps://t.co/OczGDBUdph — James Butterfill (@jbutterfill) January 6, 2025 Ethereum ETPs ranked second, receiving roughly $4.8 billion in inflows in 2024, representing 26% of all ETH AUMs of global ETPs. The ETP’s inflows this past year are 2.4 times bigger than what was recorded in 2021 and 60 times bigger than in 2023. Ethereum beats Solana regarding inflows in 2024, with just $69 million, representing only 4% of all assets under management. While Solana’s numbers are small relative to Bitcoin and Ethereum, it still leads all other altcoins. Approval Of Spot ETFs Helps Increase Inflows The industry saw record-breaking inflows in 2024, which is better than what the bull market experienced in 2021. In 2021, cryptocurrency investment products recorded more than $10 billion in net inflows. In short, last year’s inflows were 4x bigger than the recorded amount in 2021. According to Bufferfill, the surge in global crypto investment products benefited from the US’ approval of spot ETFs for Bitcoin in January 2024. In January 2024, the US Securities and Exchange Commission approved 11 applications for spot Bitcoin ETFs, which were followed by eight spot ETFs for Ether on May 22nd. According to recent data, these spot Bitcoin ETFs are the main reasons for the inflows in Bitcoin-related investments. Butterfill also explained that these ETFs will redefine the inflows for crypto investments in the future. Related Reading: Dogecoin To Hit $1? Expert Calls It A Realistic Goal For 2025 – Here’s Why Better Days Ahead For US Bitcoin Spot ETPs Aside from CoinShares, Galaxy Digital also offered a rosy picture of the future of the crypto investments industry. In a report shared last December 31st, 2024, the company boldly predicted that the US spot ETPs market will continue to soar in 2025. The report indicated that this niche will reach $250 billion in AUMs this year. Meanwhile, Alex Thorne of Firmwide Research said Bitcoin ETPs are closing in on US gold ETPs in total value of assets under management. Thorne added that Bitcoin will continue to become one of the top-performing assets on its risk-adjusted basis. Other analysts shared that Ether’s spot ETPs will also surge this year. The Ethereum blockchain will benefit from a Trump presidency and favorable regulatory changes. Featured image from OneSafe, chart from TradingView

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TONCASH, the Telegram-native crypto cashback and rewards platform, has received a strategic investment from TON Ventures, the flagship venture fund of The Open Network (TON). The strategic investment will accelerate TONCASH’s mission to onboard millions of users and become the Web3 standard for best-price shopping and on-chain rewards. Ben Usinger, CEO and Co-Founder of TONCASH, […] The post TONCASH Secures Strategic Investment from TON Ventures to Scale Crypto Cashback Platform appeared first on Crypto Reporter.

The post The Future of Crypto Indexing: AI-Driven SoSoValue Launches SSI Protocol After $15M Series A Funding appeared first on Coinpedia Fintech News SoSoValue, a Singapore-based AI-driven crypto research platform, has taken a significant step toward simplifying crypto investments. The company recently announced it has secured $15 million in Series A funding, which will be primarily used as a reserve fund for the SoSoValue Indices (SSI) Protocol. This innovative initiative aims to bring secure, transparent, and low-cost passive …

The cryptocurrency market has seen a $200 billion drawdown over the last 24-hour period as the prices of major digital assets including bitcoin, ether, and BNB plunged between 3% and 5.6%. Among the top digital assets XRP appears to be one of the best-performing ones, having taken a 2.4% hit over the same period to […]

The post From $100 to $10,000: The 6 Next Crypto to Explode After the Global Market Hits $3.37 Trillion! appeared first on Coinpedia Fintech News With the global cryptocurrency market surpassing an astounding $3.37 trillion, the opportunities for massive gains are better than ever. As traditional markets fluctuate, the crypto space continues to grow, attracting investors seeking the next crypto to explode. Among the rising stars, projects like DexBoss are capturing the attention of savvy investors looking for the next …

The post Orange Finance Hacked: $787K in Crypto Stolen appeared first on Coinpedia Fintech News Arbitrum-based Orange Finance suffered a security breach, resulting in the theft of approximately $787,000 in crypto assets. The hacker exploited administrative controls to upgrade smart contracts, enabling unauthorized fund transfers to an external wallet. Security firm PeckShieldAlert confirmed the attack, prompting Orange Finance to advise users to halt all interactions with the platform and revoke …

The post Texas Court Orders Bitcoin Investor to Surrender Crypto Keys in Tax Fraud Case appeared first on Coinpedia Fintech News In a landmark ruling, a Texas federal court has ordered Bitcoin investor Richard Ahlgren III to surrender encryption keys unlocking $124 million in crypto. Ahlgren, convicted of tax evasion for failing to report $3.7 million in Bitcoin sales, must also disclose devices used to store crypto and is barred from transferring assets without court approval. …

The post Crypto Market Update: Market Hits 117% of GDP—Could This Coin Turn $100 into $3,000? appeared first on Coinpedia Fintech News The “World Economic Outlook” report of the International Monetary Fund (recent: October 2024) calculated the world GDP as $100 trillion. And, the crypto market capital hit 117% of the world GDP, reigniting investors. What led to the tremendous change from a volatile creeping market in December to a stable rallying market in January? Michael Saylor’s …