CryptoHappenings

Why is Crypto Up or Down?

Crypto is down (-1.5%) — Top: ATOM -5.1%

Crypto prices traded lower on the day (average -1.55%) as sentiment softened around institutional flows, with recent reporting on ETF outflows reinforcing a cautious risk backdrop that typically pressures higher-beta majors like ATOM and ADA. Security-related headlines also weighed on confidence at the margin, including renewed scam warnings targeting XRP holders and reports of hackers moving stolen funds into Zcash’s shielded pools, which can heighten perceived operational and compliance risk across the sector. Offsetting fundamentals were limited today: while stablecoin supply has stalled, the jump in payments tied to Visa, Mastercard, and Stripe points to improving real-world usage, but it was not enough to counter the near-term risk-off tone.

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16:33 Wall Street freaked out Friday. VIX and bitcoin say the fear may fade Monday. BTC CoinDesk 16:07 Cysic suspends bridge after attacker mints tokens and moves $727,000 to Ethereum ETH The Block 15:30 XRP Holders, Beware: Scammers Are Stealing Bank Names XRP U.Today 14:00 Hackers move stolen funds from Ledger, Bitget into Zcash shielded pools: Is ZEC at risk? XMR AMBCrypto 14:00 Stablecoin supply stalls, but payments jump 45% as Visa, Mastercard and Stripe connect crypto to cash CoinDesk 13:58 Bitcoin ETFs vs Ethereum ETFs: Which Bled More Last Week? BTC ETH CryptoPotato 13:45 Most Americans polled oppose betting on elections: Reuters Cointelegraph 12:47 Michael Saylor Reveals Why Wall Street Prefers Cash to Bitcoin BTC BeInCrypto
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