Chain News Daily Today TheBitTimes.com

Institutional investors just bought an overall total of $921 million in crypto assets in the last week, according to a new update from Coinshares. The surge marks a rebound after multiple choppy weeks, driven by better investor confidence from lower-than-expected US CPI data and hopes for more rate cuts. Bitcoin led the charge with $931 million in inflows, pushing its year-to-date total to $30.2 billion. Since the U.S. Federal Reserve started cutting rates, Bitcoin has seen $9.4 billion in cumulative inflows. Ethereum bucked the trend with $169 million in outflows, its first in five weeks, despite strong demand for leveraged products. Solana and XRP inflows cooled to $29.4 million and $84.3 million, respectively, ahead of expected U.S. ETF launches. Regionally, the US dominated with $843 million in inflows, while Germany hit a record $502 million. Switzerland saw $359 million in outflows, mainly from asset transfers between providers. Global ETP trading volu...

The Trump family-affiliated decentralized finance (DeFi) project World Liberty Financial (WLFI) has completed its second set of token sales. The DeFi protocol sold $250 million worth of its native WLFI tokens following a $300 million sale in October, per a new press release. The project originally said that 63% of all WLFI would be sold to the public, but according to its current whitepaper – or “gold paper”– World Liberty Financial appears to have lowered that to 35%. World Liberty says more than 85,000 total participants underwent a know-your-customer (KYC) process to determine eligibility for the token sales. The DeFi project has invested in a “strategic reserve” of 11 different crypto assets, but the blockchain tracking firm Lookonchain noted over the weekend that WLFI’s portfolio is losing on every single token and down nearly $120 million in total. World Liberty notes in the fine print on its website that President Donald Trump is not an ...

Three low-cap altcoins skyrocketed in price on Friday after Binance added trading support for the crypto assets. The top global crypto exchange by trading volume listed aixbt by Virtuals (AIXBT), ChainGPT (CGPT) and Cookie DAO (COOKIE). CGPT, the native asset for ChainGPT, a web3 artificial intelligence (AI) infrastructure project, witnessed particularly pronounced gains, ripping by about 105% from $0.2 to $0.41 in a 24-hour period between Thursday and Friday. The 301st-ranked crypto asset by market cap has given up some of its gains and is trading at $0.346 at time of writing. AIXBT is a crypto market intelligence platform developed by the Virtuals Protocol, an AI agent project. The altcoin surged from a 24-hour low of $0.385 to a high of $0.578 to record a 50% increase. AIXBT has retraced since and is trading at $0.477 at time of writing. Cookie DAO is an index and data layer for AI agents. The project’s native token, COOKIE, rallied over 61% in 24 hours ...

The Ethereum (ETH)-based virtual reality platform Decentraland (MANA) clocked more notable development activity than any other non-fungible token (NFT) project in the past month, according to the crypto analytics firm Santiment. Santiment notes on the social media platform X that Decentraland registered 168.17 notable GitHub events in the past 30 days. Flow (FLOW), a layer-1 permissionless blockchain, ranked second with 119.57 events, and Metaplex (MPLX), a decentralized NFT platform built on Solana (SOL), placed in a distant third with 19.13. Santiment notes that it does not count routine updates and utilizes a “better methodology” to collect data for GitHub events based on a “backtested process.” The analytics firm has previously said that heavy development activity centered around a crypto project indicates developers believe in the protocol. Development activity also suggests that the project is less likely to be an exit scam. MANA is trading at $0.294 at t...