Friday Top Crypto News In one short thread…
Yesterday, the spot Bitcoin ETFs saw a net inflow of $523 million, marking 11 consecutive days of inflows. Spot Ethereum ETFs recorded a net inflow of $602 million, the second-highest in history.
According to CoinGecko, the total cryptocurrency market capitalization has surpassed $4 trillion, with BTC accounting for 59.9% and ETH 10.8%.
XRP has surged past $3.60, with a market cap over $210B, making it the third-largest crypto. Notably, XRP/KRW trading volume on Korea’s top exchange Upbit hit $2.2B in 24h, accounting for about 33% of the platform’s total.
Nasdaq-listed Thumzup Media Corporation has announced that its Board has authorized the company to hold up to $250 million in crypto assets, including BTC, ETH, SOL, XRP, DOGE, LTC, and USDC. Previously, Donald Trump Jr., son of former U.S. President Donald Trump, acquired around 350,000 shares of Thumzup.
Kraken launched a regulated crypto futures platform for U.S. clients yesterday. Offered through Kraken Derivatives U.S., the new service allows American users to trade CME-listed Bitcoin and Ethereum contracts along with spot crypto assets on Kraken Pro, marking Kraken’s first foray into U.S.-regulated derivatives.
Backpack has announced the launch of an FTX claims selling channel, allowing users to complete the full process — identity verification, claim validation, offer confirmation, and settlement — directly on the platform. According to the official statement, Backpack will not charge any fees and aims to connect FTX claim holders with third-party buyers.
Crypto majors trade at the following levels BTC 120,500 (up 1.7% in 24 hours) ETH 3,660 (up 6.6%) XRP 3.565 (up 12.9%) SOL 183.5 (up 5.6%) Have a great day!
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