US spot XRP exchange-traded funds (ETFs) recorded their first net outflow day since launch, with about $40.8 million exiting the products on Wednesday, ending a multi-week streak of uninterrupted inflows. SoSoValue data shows that the pullback marked the first daily reversal after XRP (XRP) ETFs had steadily accumulated assets since mid-November 2025. The outflow day
Anthropic, the company behind the popular artificial intelligence chatbot Claude, is reportedly raising $10 billion and aiming for a valuation of $350 billion. Singapore’s sovereign-wealth fund, GIC, and Coatue Management plan to lead the new round of financing, The Wall Street Journal reported on Wednesday, citing people familiar with the matter. The $350 billion valuation
GameStop (NYSE: GME) is pushing meaningfully higher this morning after Ryan Cohen, its chief executive, agreed to anchor his salary to the company’s stock price performance. According to GME’s press release, “Mr. Cohen will receive no guaranteed pay – no salary, no cash bonuses, and no stock that vests over time.” Instead, the latest pay
Bitcoin hovered just below the $91,000 level today, paring recent gains after an explosive start to the new year that briefly pushed prices toward fresh seven-day highs. The bitcoin price was trading around $90,815, down roughly 1% over the past 24 hours, according to market data. Daily trading volume stood near $52 billion, while bitcoin’s
The cryptocurrency dipped 2.45% Wednesday afternoon after topping $94K on Tuesday. Meanwhile, stocks printed fresh all-time highs. Stocks Keep Beating Bitcoin Despite Trump’s Latest Drama In less than a week, U.S. President Donald Trump captured Venezuelan dictator Nicolas Maduro, assumed control of the world’s largest oil reserves, and allegedly threatened to annex Denmark. That last
China’s decision to pay interest on its digital yuan sharpens the global race for digital money, raising fears that stalled U.S. policy could weaken stablecoins, payments dominance, and competitiveness as incentives reshape adoption and cross-border finance. China’s Digital Yuan Strategy Raises Alarm Over US Stablecoin Policy China is pulling ahead in digital money as U.S.
Although Bitcoin (BTC) reached new all-time highs in 2025, it experienced a major crash in its final months. This caused BTC to end the year in negative territory. After recent declines, Bitcoin made a strong start to 2026. The price rose above $94,000 before falling back to around $90,000 in the last 24 hours. However,
Key Takeaways Bitcoin’s price fell below $90,000, leading to long liquidations exceeding $100 million within an hour. This decline in value is attributed to substantial outflows from Bitcoin investment products, with US spot Bitcoin ETFs witnessing $486 million in redemptions, marking the largest single-day outflow since late November. Bitcoin fell under $90,000 in the early
Key Takeaways Bitcoin’s short-term holder output profit ratio (SOPR) is nearing the critical 1 level. A sustained move above this level would signal a shift from loss-realization to organic profit-taking, potentially confirming that a market bottom is in place. Bitcoin’s Short-Term Holder Output Profit Ratio (STH-SOPR) is climbing toward the key 1 level, signaling that
Bitcoin’s price may stay flat in the first quarter of 2026, even though historical trends suggest otherwise, says CryptoQuant CEO Ki Young Ju. “Capital inflows into Bitcoin have dried up,” Ju said on Wednesday, adding that investor interest has returned to “stocks and shiny rocks” as the price of gold and silver have skyrocketed. Ju