Author: James Wilson

Bitwise Asset Management has filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for a spot Uniswap ETF, marking a major step toward a regulated exchange-traded product tied directly to the UNI token. Summary Bitwise has filed for a spot Uniswap ETF, seeking to offer regulated exposure to the UNI token through traditional markets. The proposed ETF would hold UNI directly, with Coinbase Custody named as custodian. UNI traded lower despite the filing, underscoring cautious market sentiment toward altcoins. Uniswap ETF filing fails to lift UNI price Despite the filing, Uniswap (UNI) showed little immediate…

U.S. spot Bitcoin ETFs log $545M in daily outflows as BTC, ETH, and SOL slip, exposing how concentrated ETF ownership can amplify downside in a risk-off tape. Summary U.S. spot Bitcoin ETFs saw ‑$544.94M in net outflows on Feb. 4, with cumulative inflows still at $54.75B and total net assets near $93.51B, about 6.36% of BTC’s market cap. IBIT and FBTC led the day’s withdrawals while GBTC’s bleed continued, as analysts warned that “slowing spot ETF inflows and regulatory uncertainty could push Bitcoin toward the $70,000 area if outflows persist.” Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) all traded lower…

Bitcoin opened the week with a sharp CME futures gap after January’s heavy losses, as weak liquidity and cautious positioning kept pressure on price. Summary CME Bitcoin futures reopened far below the previous close after weekend selling. January’s decline was driven by liquidations and shrinking liquidity. Technical signals point to continued pressure below key resistance. Bitcoin-linked derivatives opened the new trading week with a sharp price gap after CME futures reopened nearly $6,800 lower, reflecting continued pressure following January’s weak close. CME Bitcoin futures opened around $77,730, down from Friday’s close near $84,560, creating the second-largest gap on record. Spot…

The NFT market recorded $74.88 million in sales volume over the past week, plunging 38.25% from the previous period. Summary NFT weekly sales plunged 38% to $74.88M even as market participation rose. Ethereum led NFTs with $46.9M in sales despite a sharp weekly decline. Bitcoin NFTs collapsed 71% as broader crypto prices slid lower. NFT buyers climbed 29.75% to 242,824, while sellers jumped 32.02% to 217,181. Transaction volume increased 8.29% to 726,723. At the same time, Bitcoin (BTC) has plummeted to the $83,000 level, while Ethereum (ETH) has fallen below the $2,700 mark. The global crypto market cap now stands…

London-based subscription platform OnlyFans is reportedly negotiating the sale of a 60% stake to California private equity firm Architect Capital. Summary OnlyFans is reportedly selling a 60% stake. Fenix International, OnlyFans’ parent company, invested about $19.9 million in Ethereum during 2021–2022. By November 2022, falling crypto prices caused an $8.45 million impairment; whether the company still holds the assets remains to be seen. According to the Wall Street Journal, the deal could value the company, known for its X-rated content, at $3.5 billion, or $5.5 billion including debt. Architect Capital, which specializes in restructuring complex businesses, aims to improve payment…

Changpeng “CZ” Zhao, co-founder and former CEO of Binance, defended the world’s largest cryptocurrency exchange against accusations that it played a central role in last October’s $19 billion market crash. Speaking in a live ask-me-anything session on Binance’s platform, Zhao called such claims “far-fetched” and said they ignore broader market dynamics, Bloomberg reports. Summary Zhao called claims that Binance caused the $19 billion crypto crash in October 2025 “far-fetched.” Binance provided around $600 million to affected users and operates under Abu Dhabi regulation and US monitorship, with Zhao noting system issues were already addressed. Zhao was pardoned by Trump in…

Optimism’s governance has approved a new buyback program that links the OP token more closely to revenue generated across the Superchain. Summary Optimism governance approved a proposal to allocate 50% of Superchain sequencer revenue toward OP token buybacks over a one-year pilot. The plan will link OP’s value more directly to network usage across OP Stack chains like Base and Unichain. Repurchased tokens will be held in the Optimism treasury, with future use decided by governance. The vote passed on Jan. 28 with 84.4% approval from the Optimism community, comfortably exceeding quorum. Over the course of a 12-month pilot, beginning…