US spot bitcoin ETFs reach highest recorded total asset value after six-day inflow streak

The twelve US-based spot bitcoin exchange-traded funds have set a new record, logging the highest total net asset value since the launch of the funds in January.

Summed together, the funds now hold over $66.1 billion worth of bitcoin, according to SoSoValue data, surpassing the prior record of $62.6 billion from early June. The value held in the ETFs represents 4.89% of bitcoin's total market cap.

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Ramaswamy's Strive launches wealth management arm to bring Bitcoin to standard portfolios

Strive Enterprises, an asset manager co-founded by Trump surrogate and onetime Republican candidate for President Vivek Ramaswamy and businessman Anson Frericks, launched its new wealth management business on Friday.

The wealth management arm's focus is "...integrating Bitcoin into standard portfolios of everyday Americans as a hedge against...unsustainable global debt levels, rising fixed income yields, long-run inflationary pressures, persistent geopolitical pressures, and potential restrictive monetary controls," a press release states.

Ethereum Foundation launches Mekong Testnet ahead of Pectra upgrade

The Ethereum Foundation has introduced the Mekong Testnet, a short-term testing environment designed to allow developers to explore new features from the upcoming Pectra upgrade before its mainnet release. In a blog post on Nov. 7, the Foundation said the Mekong Testnet incorporates all Ethereum Improvement Proposals (EIPs) intended for Pectra.

These proposals focus on enhancing various aspects of the Ethereum network, including user experience (UX), staking processes, and deposit and withdrawal mechanisms.

Bitwise acquires Ethereum staking service Attestant, boosting AUM to $10 billion

Bitwise Asset Management has acquired Attestant Limited, an institutional-grade Ethereum (ETH) staking provider, in a deal that boosts the firm’s total assets under management (AUM) to over $10 billion, according to a Nov. 13 press release.

The acquisition allows Bitwise to add Ethereum staking to its lineup of exchange-traded products, private funds, and hedge fund solutions.

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Ethereum DeFi TVL hits 2-year high as activity on platforms like Uniswap, Aave soars

Ethereum’s DeFi sector is experiencing a revival, fueled by renewed market enthusiasm following Donald Trump’s election victory. These numbers come as key players like Aave and Uniswap have also achieved significant milestones during this bullish wave.

Their rising activity highlights the increasing appeal of DeFi solutions as investors and users flock to platforms that offer innovative financial tools and opportunities.

Tomarket, a popular tap-to-earn game on Telegram, has announced a significant shift in its blockchain infrastructure

Originally built on The Open Network, the developers have decided to migrate to the Aptos blockchain just one week before the scheduled launch of their native token, TOMA.

Bloomberg analysts expects ‘wave of crypto ETFs’ next year but some hurdles remain

A “new wave” of crypto exchange-traded funds (ETFs) is expected in 2025 as the regulatory landscape improves under the incoming Trump administration, according to Bloomberg Intelligence analysts. Bitcoin-Ethereum (ETH) combination products will likely lead the charge, followed by Litecoin (LTC) and Hedera Hashgraph (HBAR).

However, legal and regulatory hurdles are expected to delay ETFs tied to Solana (SOL) and XRP, leaving their future uncertain.

Bitcoin social sentiment drops to yearly low, signaling BTC breakout

Social sentiment around Bitcoin has hit its lowest point in 2024, which could signal an incoming recovery above the $100,000 mark for the world’s largest cryptocurrency.

Bitcoin's price is currently down over 10% from its all-time high of above $108,300 recorded on Dec. 17, trading above $97,150 as of 12:38 pm UTC, Cointelegraph data shows.

📉The cumulative market capitalization of AI cryptocurrencies has declined by over 28%, falling from a peak of $70.4 billion on December 7 to approximately $50.5 billion

This downturn aligns with a broader cryptocurrency market correction, including a 14% decrease in Bitcoin's price from its all-time high of over $108,000 on December 17.

MicroStrategy founder Michael Saylor advocates for Trump-backed 'strategic bitcoin reserve' in proposal to set crypto industry standards

MicroStrategy founder Michael Saylor has backed President-elect Donald Trump’s strategic bitcoin reserve in a digital asset policy proposal published on Friday.

The so-called “Digital Assets Framework” also lays out a plan for the U.S. to support industry growth, set standards for compliance and communication, as well as set rights for crypto asset holders and companies.

Shiba Inu Launches ‘SHIB: The Metaverse’ in Early Access

Shiba Inu has expanded its ecosystem with the launch of ‘SHIB: The Metaverse,’ now available in early access. This virtual environment invites users to explore, build, and connect within a blockchain-driven digital space.

Powered by Shibarium, Shiba Inu’s custom blockchain, the platform offers over 100,000 land plots, with a portion unlocked for early use.

Bitcoin Registers 14 Green Hourly Candles, Longest Streak Since 2017

Bitcoin's price has been steadily increasing with fourteen consecutive hourly gains, reaching from $91,771 to $95,283.

This unusual trend has left traders puzzled, as it is the longest streak of green candles since at least January 1, 2017.

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