Financial News

Capital rotated into “stablecoins” and wrapped assets over the past 24 hours, while the two largest cryptocurrencies—Bitcoin (BTC) and Ethereum (ETH)—recorded sizeable net outflows, pointing to a more defensive shift in positioning amid changing market liquidity. Flows show defensive rotation According to Cryptometer data as of Thursday 03:35 UTC, Bitcoin…

Solv Protocol said it will move more than $700 million in tokenized Bitcoin assets to Chainlink CCIP. Summary Solv is moving $700M+ tokenized Bitcoin to Chainlink CCIP after reviewing bridge security risks carefully. Kelp DAO’s rsETH exploit pushed more protocols to question LayerZero-linked single-verifier bridge setups in DeFi. Aave’s recovery…

Bitcoin pulled back from this week’s $81,500 high after U.S. forces fired on Iranian targets, while crypto futures markets logged their 67th straight day of negative funding rates—the longest streak in a decade, according to K33 Research. Price pullback amid renewed U.S.-Iran tensions Bitcoin traded at $79,687.58, with a reported…

UBS Group has disclosed indirect exposure to XRP in a recent Form 13F filing with the U.S. Securities and Exchange Commission (SEC), indicating that the Swiss banking giant holds XRP-linked positions through regulated investment vehicles rather than directly on its own balance sheet. What UBS disclosed in its SEC filing…