Real-time analysis of crypto's biggest stories, with market impact context.

Spot bitcoin ETFs absorbed $626M in three sessions through Wednesday, with BlackRock's IBIT taking the bulk, per CryptoBriefing. Retail sentiment stayed cold.

Binance filed suit against RedotPay on Thursday, alleging the payments firm siphoned 470,000 users and cost the exchange $472.8M in lost fees and volume.