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Altcoin ETFs Surge as Bitcoin Flows Turn Negative

Cryptonite UAE

The cryptocurrency market is seeing a significant shift in capital, with Bitcoin (BTC) spot ETFs experiencing negative outflows (losing $151 million in the last 24 hours), while major altcoins like Ethereum (ETH), Solana (SOL), and XRP are attracting substantial capital through their own exchange-traded products. This trend is set to accelerate as five new spot … Read more

Visa and Aquanow Partner to Integrate Stablecoins for Faster Cross-Border Settlements

Cryptonite UAE

Visa and digital asset infrastructure firm Aquanow announced a new partnership on November 27th aimed at enhancing financial settlements using stablecoins, particularly within the Central and Eastern Europe, the Middle East, and Africa (CEMEA) region. Key Collaboration Details Goal: To expedite cross-border transactions, increase transparency, and improve efficiency in payment settlements for financial institutions. Technology: … Read more

Securitize Chooses Avalanche for EU Rollout of Tokenized Assets and Regulated Trading System

Cryptonite UAE

Securitize is accelerating the global tokenization of real-world assets (RWAs) by confirming its next major infrastructure platform will debut in Europe, built on the Avalanche blockchain. Key Developments and EU Regulatory Milestone Securitize has secured full regulatory clearance from the European Union (EU) to launch its new Trading and Settlement System (TSS) across all 27 … Read more

Grayscale Files for U.S. Spot Zcash ETF, Bringing Privacy Coins to Wall Street

Cryptonite UAE

Grayscale has officially initiated the process to convert its existing Zcash Trust into the first U.S. spot Zcash Exchange-Traded Fund (ETF), planning to list it on NYSE Arca under the ticker ZCSH. This mirrors the strategy Grayscale successfully employed to launch the first U.S. Bitcoin spot ETF in 2024. Key Details of the Proposed ETF … Read more

Traditional Exchanges Warn SEC Against “Innovation Exemption” for Tokenized Stocks

Cryptonite UAE

The World Federation of Exchanges (WFE), which includes major players like Nasdaq and Deutsche Boerse, has issued a strong warning to the U.S. Securities and Exchange Commission (SEC) against granting an “innovation exemption” to unregistered crypto companies. Why Exchanges Are Concerned Bypassing Regulation: WFE CEO Nandini Sukumar stated that the SEC must avoid allowing crypto … Read more

Xapo Bank Expands Bitcoin Credit Fund for Long-Term Holders

Cryptonite UAE

Xapo Bank has opened its Xapo BTC Credit Fund to all eligible members following a successful early-access phase that secured $100 million in member allocations. This expansion is a significant move in the bank’s strategy to create a full suite of regulated wealth-management tools for long-term Bitcoin holders. Key Features of the BTC Credit Fund: … Read more

Is HBAR Late to the Crypto Bounce or Skipping the Party?

Cryptonite UAE

While the broader crypto market is up over 3.5%, Hedera (HBAR) is lagging, showing only a 2.2% gain today and remaining 37% down over the last three months. This gap raises questions about whether HBAR is simply delayed or fundamentally failing to join the market recovery. Technical Signals Suggest a Late Entry Bullish Crossover: The … Read more

Zcash [ZEC] Price Bleeds 20% While Major Investor Goes All-In

Cryptonite UAE

Despite a nearly 20% drop in price over the past week, strong fundamental confidence is emerging for Zcash [ZEC], suggesting the digital asset’s outlook is better than its price chart indicates. Major Institutional Bet on ZEC Strategic Shift: Reliance Global Group has made a bold move, completely shifting its entire Digital Asset Treasury (DAT) into … Read more

Ethereum Whale Accumulates $22 Million in ETH, Sparking Market Strategy Questions

Cryptonite UAE

An “ancient” Ethereum whale has recently executed a significant market move, acquiring 7,318.56 ETH—a haul valued at approximately $22.07 million—since yesterday. Acquisition Details: The purchases were made at an average price of $3,016.09 per ETH, suggesting a calculated market entry. Market Impact: Analysts believe this major acquisition, especially by a whale with a history of interaction … Read more

SpaceX Transfers $105 Million in Bitcoin

Cryptonite UAE

Elon Musk’s aerospace company, SpaceX, recently executed a significant transfer of Bitcoin (BTC), according to data from Arkham Intelligence. Here are the key points of the transfer: Amount Transferred: On Wednesday, SpaceX moved 1,163 BTC, valued at over $105.4 million. Destination: The funds were sent to two unmarked wallets: 399 BTC to one address and … Read more

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