Real-Time Crypto News Feed | 24/7 Flash News

Show only featured content

8 minutes ago

Share

Peter Thiel Sells Entire Stake in Ethereum Treasury Firm ETHZilla

Billionaire investor Peter Thiel has completely divested his holdings in ETHZilla, an Ethereum treasury management firm. Thiel's exit marks a significant move as he sells his entire stake in the company. The decision comes amid ongoing developments in the cryptocurrency sector, though specific reasons for the sale have not been disclosed.

ETH +1.25%
21 minutes ago

Share

Moonwell Faces $1.78M Loss from Oracle Configuration Error

DeFi lending protocol Moonwell has incurred approximately $1.78 million in bad debt following an oracle configuration error. The issue arose after Moonwell enabled Chainlink’s OEV wrapper contract through governance proposal MIP-X43, but incorrectly set the price oracle for cbETH, valuing it at just $1. This misconfiguration allowed on-chain arbitrage bots and liquidators to exploit the flaw, acquiring cbETH collateral worth thousands by repaying only about $1 in debt. The error resulted in the liquidation of 1,096.317 cbETH, significantly impacting borrowers and leaving the protocol with substantial bad debt. In response, Moonwell swiftly reduced the borrowing and supply limits for cbETH to 0.01 to mitigate further losses. The team has not provided additional comments on the error's source or the vulnerability details.

CBETH +1.23% LINK +0.07% WELL -2.97%
22 minutes ago

Share

Bitcoin ETFs Maintain $85 Billion Amid Price Drop to $60,000

Bitcoin exchange-traded funds (ETFs) continue to hold $85 billion in assets despite Bitcoin's price falling to $60,000 from a peak of over $126,000 in early October. The 11 spot Bitcoin ETFs in the U.S. have seen only $8.5 billion in net outflows, representing over 6% of Bitcoin's supply. Analysts attribute this resilience to market makers and arbitrageurs, rather than long-term holders. Markus Thielen of 10x Research notes that the structural nature of ETF ownership is dominated by market makers and arbitrage-focused hedge funds, who maintain hedged, non-directional positions. Reports indicate that 55% to 75% of BlackRock's IBIT ETF, valued at $61 billion, is held by these entities. Market makers and arbitrage hedge funds aim to profit from bid-ask spreads and price differentials, maintaining market-neutral exposure to avoid price volatility risks. Thielen also highlighted a reduction in market makers' exposure by $1.6 billion to $2.4 billion in the fourth quarter, reflecting decreased speculative demand.

BTC -0.83%
30 minutes ago

Share

Analyst Willy Woo Warns of Strengthening Bitcoin Bear Market

Renowned analyst Willy Woo has indicated that Bitcoin's bear market trend is intensifying, posing challenges for long-term bulls. Woo highlights volatility as a crucial indicator for quant analysts to detect trends. He explains that a rapid surge in volatility signals the onset of a bear market for Bitcoin, and continued volatility increases suggest the bear trend is strengthening. According to Woo, the trend only begins to weaken when volatility peaks in the later stages of a bear market. Typically, smaller peaks in volatility occur at macro bottoms, reflecting market capitulation.

BTC -0.83%
1 hour ago

Share

Maji Dage Expands Crypto Holdings with $16M in Long Positions

Maji Dage, also known as Huang Licheng, has increased his cryptocurrency holdings, bringing his total long positions to over $16 million. According to HyperInsight, Maji's current positions include an ETH long valued at $13 million, opened at $2,004.87, a BTC long valued at $1.7 million, opened at $68,625, a HYPE long valued at $1.3 million, with an entry price of $31, and a new VVV long valued at $40,000, entered at $4. The funds for these positions reportedly originate from the PleasrDAO treasury, which Maji deposited five years ago. This move suggests that Maji's liquid funds might be nearing depletion, as he taps into older reserves to bolster his crypto investments.

BTC -0.83% ETH +1.25% HYPE -2.96% VVV -2.84%
1 hour ago

Share

Temporal Secures $300 Million in Series D Funding, Valued at $5 Billion

Software startup Temporal has raised $300 million in a Series D funding round, achieving a valuation of $5 billion. The round was led by Andreessen Horowitz (a16z), with participation from Lightspeed Venture Partners, Sapphire Ventures, and existing investors Sequoia Capital and GIC. Temporal specializes in providing infrastructure for 'durable execution' of code, enabling applications, particularly AI agents, to automatically recover and continue running after failures.
1 hour ago

Share

Bitcoin Spot ETFs See $105 Million Outflow, Grayscale Leads Inflows

On February 17, Bitcoin spot ETFs experienced a net outflow of $105 million, according to SoSoValue data. Despite the overall outflow, Grayscale's Bitcoin Trust recorded a net inflow of $35.97 million, leading the inflow figures. In contrast, Ethereum spot ETFs saw a total net inflow of $48.63 million, with all nine ETFs reporting positive inflows and no outflows.

BTC -0.83% ETH +1.25%
1 hour ago

Share

Crypto Trader Machi Faces $27.8M Loss Amid High-Leverage Positions

Crypto trader Machi, known by the handle @machibigbrother, is currently facing losses exceeding $27.8 million due to high-leverage trading positions. Despite the significant losses, Machi continues to open new positions with maximum leverage. Machi's current long positions include $13.08 million in Ethereum (ETH) at 25x leverage, $1.69 million in Bitcoin (BTC) at 40x leverage, $1.29 million in HYPE at 10x leverage, and $38,000 in VVV at 3x leverage. The trader's aggressive strategy highlights the risks associated with high-leverage trading in volatile markets.

BTC -0.83% ETH +1.25% HYPE -2.96% VVV -2.84%
2 hours ago

Share

Grayscale Ranks XRP as Second Most Discussed Crypto After Bitcoin

Grayscale has identified XRP as the second-most-discussed asset in its community, following Bitcoin. This ranking highlights the strong engagement and interest from the XRP community, as noted by Grayscale's Head of Product and Research, Rayhaneh Sharif-Askary, during Ripple Community Day. The asset's popularity is driven by persistent demand for XRP-linked products and its potential to capture market share. Despite a broader market downturn, XRP has seen positive investment inflows, attracting over $33.4 million recently, while Bitcoin and Ethereum products experienced outflows. Analysts are optimistic about XRP's price trajectory, with the asset recently gaining over 16% and trading around $1.45, suggesting a potential bullish breakout.

BTC -0.83% ETH +1.25% XRP +0.35%
2 hours ago

Share

Temporal Secures $300 Million in Series D Funding Led by a16z

AI agent startup Temporal has successfully raised $300 million in a Series D funding round, bringing its valuation to $5 billion. The funding was led by Andreessen Horowitz (a16z), with additional investments from Lightspeed Venture Partners, Sapphire Ventures, and Sequoia Capital. Temporal aims to use the funds to enhance its platform, focusing on improving the reliability of AI agents in complex, long-running processes. The company counts major firms like OpenAI, Snap, Netflix, and JPMorgan Chase among its users.
2 hours ago

Share

Institutions and Governments Boost Bitcoin Holdings in 2025

In 2025, a significant shift in Bitcoin ownership has emerged, with institutions, investment funds, and governments increasing their holdings, according to data from River. This trend marks a departure from previous years, as individual Bitcoin ownership has notably declined. The change suggests that large entities are viewing Bitcoin as a strategic asset rather than a speculative investment. The growing institutional and governmental interest in Bitcoin is reshaping the market structure, with these players gaining more influence over the cryptocurrency. This shift is attributed to factors such as market volatility affecting retail investors and the availability of regulated financial products that offer indirect exposure to Bitcoin. As a result, the supply of Bitcoin on exchanges may tighten, potentially impacting price dynamics. Government participation in Bitcoin ownership is also noteworthy, as some states are directly holding Bitcoin or investing through vehicles, indicating a broader acceptance of digital assets. This development could lead to increased stability and integration of Bitcoin into traditional financial systems, altering the balance of power in the crypto ecosystem.

BTC -0.83%
2 hours ago

Share

Bitcoin and Ethereum Funding Rates Signal Market Bearishness

Bitcoin continues to trade within a range as funding rates on major centralized and decentralized exchanges (CEXs and DEXs) indicate a sustained bearish sentiment, according to Coinglass data. Ethereum, which had previously seen neutral funding rates, has also turned negative again, suggesting a similar market outlook. Funding rates, which are fees set by trading platforms to align contract prices with underlying asset prices, show that when rates fall below 0.005%, it reflects a bearish market sentiment. These rates are crucial for perpetual contracts, as they facilitate fund exchanges between long and short traders, helping maintain price alignment without the platform collecting these fees.

BTC -0.83% ETH +1.25%
2 hours ago

Share

Ethereum PoS Contract Holds Over 50% of Total ETH Supply

Ethereum's proof-of-stake (PoS) contract address has reached a significant milestone, now holding over 50% of the total ETH supply for the first time in the network's 11-year history. This development marks a pivotal moment in Ethereum's transition to a PoS consensus mechanism, highlighting the growing adoption and trust in the network's staking model. The data, provided by Santiment, underscores the increasing commitment of Ethereum holders to the PoS system.

ETH +1.25%
2 hours ago

Share

Ethereum Faces Narrative Shift as Staking Transforms ETFs

Ethereum's price has been stable around $2,000, reflecting a "narrative gap," according to analysts. Callan Sarre notes that while Layer 2 solutions have scaled Ethereum, reducing fees by over 90%, the long-term value accumulation remains uncertain. The push for zero-knowledge technologies and privacy features is challenging the traditional transparency of Ethereum, which may hinder institutional adoption unless privacy is integrated at the protocol level. Meanwhile, Ethereum ETFs are evolving with staking rewards. Grayscale began distributing these rewards to U.S. ETF holders in January, and BlackRock has applied for a staked ETH fund. Jonatan Randin from PrimeXBT highlights that this development transforms Ethereum ETFs from simple price exposure to income-generating products, with the options market introducing new dynamics like covered calls and dealer hedging.

ETH +1.25%
2 hours ago

Share

CFTC's Exclusive Authority Over Listed Derivatives Contracts Reaffirmed

The Commodity Futures Trading Commission (CFTC) maintains exclusive regulatory authority over listed derivatives contracts on CFTC-regulated exchanges, as delegated by Congress. This jurisdictional clarity underscores that while states may have regulatory leeway in other areas, listed derivatives contracts remain under the sole purview of the CFTC. This delineation is crucial for maintaining a consistent regulatory framework across the derivatives market.
3 hours ago

Share

Mizuho Bank Rates BitGo 'Outperform' with 70% Upside Potential

Mizuho Bank has initiated coverage on BitGo, assigning an 'Outperform' rating and a $17 price target, suggesting a 70% upside from its current price of $10.15. Analysts Dan Dolev and Alexander Jenkins highlight BitGo's strong security track record and focus on institutional clients as key advantages in the competitive crypto custody market. Over 80% of BitGo's revenue is derived from stable, recurring businesses like custody and staking, distinguishing it from other crypto infrastructure firms. Despite BitGo's stock declining by 44% since its January NYSE listing at $18, Mizuho remains optimistic about its growth prospects. The bank anticipates increased corporate revenue driven by the adoption of stablecoins and tokenized real-world assets, which could enhance institutional engagement with BitGo's services.

STABLE -2.81% TOKEN -2.78%
3 hours ago

Share

Bitcoin Open Interest Plummets 55% from All-Time High

Bitcoin's open interest has experienced a significant decline, dropping 55% from its all-time high. This marks the steepest drawdown since April 2023, indicating a substantial reduction in the number of outstanding derivative contracts. The decrease in open interest suggests a potential shift in market sentiment or a reduction in speculative trading activity.

BTC -0.83%
3 hours ago

Share

Five Altcoins Surge Over 60% in Weekly Gains, Led by Jupiter and Ethena

Five altcoins, including Jupiter (JUP) and Ethena (ENA), have surged over 60% this week, highlighting concentrated momentum in the altcoin market. These tokens demonstrated sustained volume and structured trading activity, with performance synchronized across both DeFi and meme-based tokens. The price increases occurred during a period of broad altcoin participation, yet remained focused on a select group of assets. Jupiter recorded a remarkable weekly advance, aligning with elevated trading volume across major exchanges, reflecting sustained demand. Ethena followed closely, showing a steady rise indicative of controlled accumulation. TROLL, Mogcoin (MOG), and Gigachad (GIGA) also joined the top-tier gainers, each displaying unique trading patterns and volatility, contributing to their status as leading short-term performers in the altcoin market.

ENA -1.14% GIGA -3.30% JUP -52.89% MOG -1.57% TROLL +6.61%
3 hours ago

Share

BlackRock ETH ETF Sees $22.88 Million Inflows Amid $0.5 Billion Trading Volume

BlackRock's Ethereum ETF, trading under the ticker $ETHA, recorded a net inflow of 11,481 ETH, equivalent to $22.88 million, on February 17. The ETF also reported a trading volume of $0.5 billion, indicating strong investor interest and activity in the fund.

ETH +1.25%
3 hours ago

Share

Grayscale Launches Sui Staking ETF on NYSE Arca

Grayscale is set to launch its Sui Staking ETF, trading under the ticker $GSUI, on NYSE Arca. The ETF provides investors with direct exposure to Sui ($SUI), a cryptocurrency gaining traction in the market. Trading is scheduled to commence tomorrow, offering a new avenue for investors to engage with the Sui ecosystem through a regulated exchange.

SUI -0.83%

Peter Thiel Sells Entire Stake in Ethereum Treasury Firm ETHZilla

Moonwell Faces $1.78M Loss from Oracle Configuration Error

Bitcoin ETFs Maintain $85 Billion Amid Price Drop to $60,000

Analyst Willy Woo Warns of Strengthening Bitcoin Bear Market

Maji Dage Expands Crypto Holdings with $16M in Long Positions

Temporal Secures $300 Million in Series D Funding, Valued at $5 Billion

Bitcoin Spot ETFs See $105 Million Outflow, Grayscale Leads Inflows

Crypto Trader Machi Faces $27.8M Loss Amid High-Leverage Positions

Grayscale Ranks XRP as Second Most Discussed Crypto After Bitcoin

Temporal Secures $300 Million in Series D Funding Led by a16z

Institutions and Governments Boost Bitcoin Holdings in 2025

Bitcoin and Ethereum Funding Rates Signal Market Bearishness

Ethereum PoS Contract Holds Over 50% of Total ETH Supply

Ethereum Faces Narrative Shift as Staking Transforms ETFs

CFTC's Exclusive Authority Over Listed Derivatives Contracts Reaffirmed

Mizuho Bank Rates BitGo 'Outperform' with 70% Upside Potential

Bitcoin Open Interest Plummets 55% from All-Time High

Five Altcoins Surge Over 60% in Weekly Gains, Led by Jupiter and Ethena

BlackRock ETH ETF Sees $22.88 Million Inflows Amid $0.5 Billion Trading Volume

Grayscale Launches Sui Staking ETF on NYSE Arca