Author: John Smith

The cryptocurrency market has experienced a slowdown in the past 24 hours, with Bitcoin’s price showing little movement. As of now, Bitcoin (BTC) trades within a narrow range, oscillating between $69,500 and $70,600.  Summary Bitcoin stabilizes around $70K after volatility, with a minor correction from earlier highs. Altcoins show minimal price changes, with most trading within a narrow range. Market uncertainty persists amid rising geopolitical tensions, with Bitcoin driving altcoin performance. Meanwhile, this is after a week of high volatility and substantial liquidations in the derivatives market. The altcoin market also reflects a similar lack of significant price action, suggesting…

Ripple has issued a warning regarding the rise of scam accounts impersonating the company on Telegram. The company clarified that it does not have an official Telegram channel, urging users to stay vigilant against potential fraud. Summary Ripple confirms it has no official Telegram channel for support. Scammers use Ripple branding and CEO photos to deceive users. XRP Ledger grows, with over 7.7 million holders amid rising scams. RippleX, a division of Ripple, recently warned the public about an increase in impersonation accounts on social media platforms like Telegram. Fraudsters have been creating accounts pretending to be Ripple recruiters, customer…

The crypto market saw several important developments today, including a warning from Hong Kong authorities about cryptocurrency scams, a new filing from Grayscale for a crypto-based ETF, and progress on the CLARITY Act in the U.S. Here’s a quick overview of the major events. Summary Hong Kong senior lost HK$6.6M in three crypto scams involving fake experts. Grayscale files for HYPE ETF, offering exposure to Hyperliquid’s token. US lawmakers near agreement to regulate stablecoin yield to protect banks. Hong Kong police warn after senior man falls victim to scams Hong Kong’s Police Cyber Crime Bureau issued a warning today after…

The Hong Kong Police Cyber Crime Bureau has issued a warning after a 66-year-old retired man fell victim to three separate cryptocurrency scams.  Summary A Hong Kong senior loses HK$6.6M in three separate cryptocurrency scams. Police warn against transferring money or crypto to strangers to avoid fraud. Fraudsters impersonating experts tricked the victim into losing all his savings. In total, the elderly victim lost HK$6.6 million after being misled by fraudsters posing as cryptocurrency experts, according to local reports. In September 2025, the victim received a WhatsApp message from a fraudster claiming to be a cryptocurrency investment expert. The scammer…

Ethereum (ETH) traded at $2,100 at the time of writing, up almost 1% over 24 hours and 4% over the past seven days. The move comes as onchain data shows fresh accumulation by a long-term Ethereum holder, even as US spot Ether ETFs continue to record outflows. Summary Ethereum wallet thomasg.eth adds $19.5M in ETH while market remains 56% below ATH. US spot Ethereum ETFs show sustained outflows of $55.7M, $136.4M, and $42M over three days. Tom Lee suggests ETH might have already bottomed, citing correlations with historical market recoveries. Arkham Intelligence data shows that an early Ethereum wallet known…

Grayscale has filed with the U.S. Securities and Exchange Commission to launch the Grayscale HYPE ETF, a proposed spot exchange-traded fund tied to Hyperliquid’s native token, HYPE.  Summary Grayscale filed for a Nasdaq-listed HYPE ETF tied to Hyperliquid’s native token price movement. The proposed fund may add staking later, though it will not offer staking initially. Hyperliquid remains the largest onchain perps venue despite slower volumes and growing competition from rivals. If approved, the fund would trade on Nasdaq under the ticker GHYP and would give investors listed market access to the token without holding it directly. Meanwhile, the filing…

Bitcoin is holding just below $70k after a hawkish FOMC, ETF outflows, and a shift to Fear, with weak long conviction but easing miner selling and difficulty. Summary BTC slipped roughly 5% post-FOMC, from near $74k to testing $70k, as the Fed signaled fewer 2026 cuts, ETFs flipped from $1.1b inflows to a $129m outflow, and the Fear & Greed Index fell to 28.​ Bitcoin’s 30-day correlation to the S&P 500 has climbed to 0.74, while CoinGlass data show shorts built into the $68,750 dip but open interest barely moved on the rebound, implying range-bound, low-conviction trade.​ Miner net outflows…

Bhutan has sold over $110m in Bitcoin in 2026, cutting sovereign holdings by about 65% from their peak as Druk Holding shifts from mining-led accumulation to steady liquidation. Summary Druk Holding & Investments has offloaded more than $110m in BTC this year, including a 973 BTC transfer worth about $72.3m on March 17–18 routed partly through QCP Capital and Binance. Bhutan’s stash has shrunk from roughly 13,000 BTC (over $1.4b and 40% of GDP at peak) to around 5,400 BTC worth about $374m, with no inflows over $100k in more than a year, implying mining has largely stopped. The kingdom’s…

Pi Network’s PI token trades around 0.17–0.19 dollars, 94% below its peak, with most serious models clustering around a 0.15–0.35 dollar, high‑risk, low‑conviction range for the next 12–18 months. Summary PI changes hands near 0.17–0.19 dollars with a roughly 1.7–1.8 billion dollar market cap and about 9.8 billion coins in circulation, down around 94% from its 2.99‑dollar all‑time high. Gate and CoinCodex forecasts cluster around a 2026 band of roughly 0.15–0.30 dollars, while CoinStats’ more optimistic scenarios push into the 0.40–0.60‑dollar range only if adoption and sentiment improve sharply. A sober journalistic call puts the defensible 12–18‑month corridor at 0.15–0.35…

While ETF outflows grabbed attention, about $13b quietly moved into crypto via OTC, prime brokerage, and private funds, showing institutional demand runs deeper than ETF dashboards. Summary A Daily Chain briefing highlights roughly $13b in capital flowing into crypto this week via prime brokers, OTC desks, structured products, and private vehicles that never show up in ETF flow reports. Finery Markets data show institutional crypto spot OTC volumes jumped 109% year-over-year in 2025, far outpacing the 9% growth in top-20 CEX spot trading as large players favor discreet block execution. BlackRock’s recent $140m transfer of 47,728 ETH and 544 BTC…