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Investment products linked to digital assets experienced their fourth consecutive week of outflows, recording $173 million and pushing cumulative losses over four weeks to $3.74 billion. Early in the week, inflows reached $575 million amidst brief optimism, but continued price.
Xaman Wallet founder Wietse Wind has said that a “massive XRPL targeted scam effort” is underway, warning users about fake sign requests, phishing emails, and impersonation accounts. His alert points to a rise in social engineering attacks aimed at crypto holders rather than.
After several consecutive days of trading sideways between $68,000 and $72,000, bitcoin’s floor gave in hours ago and the asset dipped below $67,000 for the first time since Friday. Most altcoins have joined the ride south, with ETH dumping beneath $2,000, XRP trading below.
Investors withdrew $187 million from digital asset products last week, but the pace of outflows has slowed significantly. Historically, these changes reveal crucial inflection points in investor sentiment. CoinShares stated that the deceleration suggests that panic selling may.
The rather calm behavior during the weekend has worked in favor of bitcoin, at least for now, as the asset has steadily climbed above $70,000 after the rejection on Saturday morning. Most larger-cap altcoins are also in the green, with ETH trading above $2,100 and SOL close to.
Bitwise Asset Management’s Chief Investment Officer, Matt Hougan, has stated that the cryptocurrency market has been in a full-blown “crypto winter” since January 2025. The exec said that signs suggest the downturn may be closer to ending than beginning. In a recent post titled.
Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech. Arbitrum has issued an urgent security alert after its ArbitrumDAO governance X account was compromised, with attackers posting.
