RESOLVING THE LEDGER
This is one outlet's own report from CoinDesk — the article as it was filed. Other outlets are covering the same event; open the full story to compare every source side by side.
See the full story · 1 sources
Spot bitcoin ETFs experienced the first back-to-back days of outflows since late July with $192 million exiting the products, according to SoSoValue .
The largest cryptocurrency is now trading at its lowest point since Aug. 3 having wiped out all of last week’s rally. Ether ETH $ 1,875.30 is down by 0.73% since midnight, while a portion of the altcoin market continues to show resilience, outperforming crypto majors.
U.S. equities were boosted on Thursday by producer price inflation data, which cooled to 4.7%, below forecasts. The S&P 500 and Nasdaq 100 both rallied following the report, and futures on the indexes remain marginally in the black.
$ 205.32 are the biggest OI gainer of the past 24 hours, adding 10% to 1.64 million tokens as the spot price drops 3%. That combination points to short positions being built up. Deeply negative annualized funding rates support that interpretation. The 24-hour OI-adjusted cumulative volume delta (CVD) is negative too, signaling that shorts are trading more aggressively via market orders rather than passive limit orders. Together, these signals point to positioning for a deeper selloff in the token. BTC OI rises alongside falling price: Bitcoin is another OI gainer, with the tally rising over 3% to 765,000 BTC alongside a negative CVD. Annualized funding rates, however, still hold mildly positive. HBAR shows the clearest bearish tilt: The token's 24-hour CVD is the most negative among the top 25 coins, with funding rates around -20%, pointing to a market clearly dominated by bears. More broadly, all the top 25 are showing negative CVD. Bitcoin volatility cools: BTC's 30-day implied volatility index, BVIV, fell back below 36%, erasing a spike to nearly 39% earlier this week. That points to continued investor interest in overwriting strategies — approaches aimed at generating extra yield on top of spot holdings. Ether's equivalent index, EVIV, is showing the same pattern. Options positioning stays mixed: On Deribit, BTC calls at the $70,000, $69,000 and $67,000 strikes rank among the five most-traded bets. For ETH, puts at the $1,700 and $1,780 strikes ranked higher instead. Token talk Ether.fi (ETHFI) is the standout performer over the past 24 hours, rallying by 11.5% after adding tokenized stocks and DeFi loans to its neobank platform. The token gave back some of the gains on Friday, dropping 3.3%. Cosmos ATOM $ 1.5495 also experienced upside. The token surged by more than 10% in 24 hours and trading volume jumped by 232% to $51 million despite the absence of a clear news catalyst. Fetch.ai FET $ 0.1361 and monero (XMR) extended their positive weeks, rising 0.55% and 0.81%, respectively, since midnight UTC. NEAR, MORPHO, TAO and JUP all lost around 2% since midnight as cautious sentiment remains the dominant theme across the crypto market. Crypto Markets Today Related Assets Bitcoin $ 62 847,04 0.90 % Ethereum $ 1 876,07 0.13 % Bitcoin Cash $ 205,32 3,64 % Latest Crypto News 1 Trump family's World Liberty Financial delay plans to sell Maldives resort token 19 min ago 2 RedotPay said to put $1 billion U.S. IPO plan on hold: Bloomberg 52 min ago 3 Live updates: Bitcoin slips below $63,000 as oil, yields climb 2 hrs ago 4 Cluster of headwinds weigh on bitcoin. XRP teeters near $1 4 hrs ago 5 Bitcoin holders Strategy and Metaplanet face stock-index exclusion under MSCI’s new proposal 5 hrs ago 6 JPMorgan shuttered its banking relationship with predictions platform Polymarket: FT 6 hrs ago 7 U.S. SEC to again delay 'innovation exemption' for tokenization amid Wall Street, White House concerns 12 hrs ago 8 SEC cancels long-awaited proposal of Reg Crypto, postponing meeting without new date 13 hrs ago 9 Tether says it completed long-promised 'Big Four' audit of finances behind $180 billion USDT stablecoin 17 hrs ago 10 Trezor warns 14,000 customers after fulfilment partner suffers data breach 18 hrs ago Latest Research Building the Zcash Machine: Tachyon and Quantum Readiness Building the Zcash Machine: Tachyon and Quantum Readiness Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.
Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.
AIPROPX is an independent multi-source news index — we track, compare, and connect coverage from across the web into one place you won't find anywhere else.