Crypto investment products witnessed a continued sell-off in the last week, followed by the weakening of investor sentiment. Due to this, the investors witnessed two consecutive weeks of outflows. Crypto exchange-traded products (ETPs) noted around $1.7 billion in outflows in the same week, as reported by CoinShares on February 2.
KuCoin, an exchange platform, has announced its support for USD1. The WLFI stablecoin will be available on a network with deposits expected to commence soon. The move comes at a time when USD1 is moving upward on the list of global stablecoins in terms of market cap. KuCoin Now Supports
Ripple has officially secured an Electronic Money Institution (EMI) license from the Luxembourg financial regulator. This makes the major shift for Ripple to expand its regulated payment and digital asset service throughout Europe. The license was granted by the Commission de Surveillance du Secteur Financier, converting the preliminary approval issued
Singapore Gulf Bank has launched a managed fiat-to-stablecoin interoperability solution, which improves connectivity between the traditional banking infrastructure and blockchain technology. The bank wants to facilitate the transfer of value between the regulated fiat system and digital assets. Analysts associated the news with the regulation of stablecoins and the adoption
U.S. Senator Elizabeth Warren has intensified their efforts to investigate a foreign investment in World Liberty Financial (WLFI), a cryptocurrency company associated with the Trump family, by initiating congressional oversight. This comes after it was revealed that a UAE-funded firm had invested $500 million in WLFI in January 2025, just
The founder of Tron, Justin Sun, has been alleged by a woman, Ten Ten, who claims to be his ex-girlfriend. Ten has shared a number of posts on X claiming to manipulate the TRX price. After the post, attention has been directed towards the claims, and the demand for stricter
Kalshi expects ETH price to go lower in 2026. This comes on the sidelines of heavy liquidations over the last 2 weeks from across the crypto market. Gold and Silver have slipped as well, triggering anticipation that it was natural for cryptos to plunge. Nevertheless, near-term projections for crypto prices
Johnny Ng, a Hong Kong lawmaker and a strong supporter of Web3 and digital assets, says that Hong Kong is not trying to “Beat” other countries in crypto; instead, it can act as a global connector between crypto markets and traditional finance across the U.S., Europe, and China. Ng says
The crypto market opened the day on a weak note, sliding by over 4.3%, dragging the total market capitalization down to around $2.55 trillion. Amid this downturn, XRP, the top fifth-largest market-valued crypto also facing notable losses, which is currently trading near $1.58, marking a decline of more than 4%
Nomura Holdings will cut its risk exposure to the crypto market after it posted lower fourth-quarter profits. The decision is a sign that Nomura is not withdrawing from the crypto market. The company aims to stabilize its profits during a volatile market. Analysts followed this news in conjunction with reports
