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Wednesday Top Crypto News
In one short thread…
Yesterday, spot Bitcoin ETFs saw a total net inflow of $477 million, while none of the twelve ETFs saw a net outflow.
Spot Ethereum ETFs recorded a total net inflow of $142 million, while none of the nine ETFs saw a net outflow.
Senior Bloomberg ETF analyst Eric Balchunas stated that there are currently 155 crypto ETP applications tracking 35 different digital assets, with the number expected to rise to 200 over the next 12 months.
According to data charts, ETP applications related to Solana, Bitcoin, and XRP each exceed 20, while Ethereum and Basket ETPs exceed 10.
Layer 1 blockchain Kadena announced that it will cease operations due to unfavorable market conditions, halting all business activities and active blockchain maintenance…
Kadena will continue to operate until miners and validators exit, with approximately 566 million KDA in mining rewards set to be distributed through the year 2139.
Following the announcement, KDA fell to $0.088, marking a 60.21% decline in a single day.
Bealls Inc., a 110-year-old U.S. retail company, has announced a partnership with digital payments platform Flexa to enable cryptocurrency payments across more than 660 stores nationwide.
With this integration, Bealls becomes the first national retailer to accept digital assets from over a dozen blockchains, including BTC, ETH, stablecoins and meme tokens.
Circle has launched Bridge Kit, a developer toolkit designed to simplify cross-chain transfers, starting with support for CCTP and USDC.
It wraps CCTP V2’s core functions into streamlined SDK methods, offering step-by-step docs, production-ready code samples, and built-in monetization logic to help developers earn from transfers.
Crypto majors trade at the following levels
BTC 108,210 (up 0.4% in 24 hours)
ETH 3,860 (down 0.3%)
XRP 2.405 (down 0.7%)
SOL 184.45 (up 0.1%)
Have a great day!
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