The post Downtrends in BTC, ETH and SOL as risk returns to market appeared on BitcoinEthereumNews.com. This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Happy Friday. It was another rough week for crypto markets, with nearly every sector registering negative returns and a handful of long-tail “stablecoins” losing their peg. Weakness prevails across the board, with all of our tracked indices posting negative returns over the past week, except for DePIN. This weakness comes as the majors BTC, ETH and SOL have established a daily and weekly downtrend, while equity indices have reversed ~3%-5% off their highs, adding risk back to the market. The selloff in equities has elevated the VIX to a level of 20. Within crypto, DePIN was the one sector of strength, up 2% on the week, while the Launchpad and Solana Ecosystem sectors were the hardest hit, down 15% and 27.6%, respectively.    Looking at the top winners within DePIN, AR and FIL account for a majority of the sector’s strength, trading up 60% and 31%, respectively.  The Solana Ecosystem names are among the hardest hit, with MPLX (-24%), RAY (-21%), and JTO (-19%) making the largest downside moves. JTO’s underperformance comes amid a recent $6 million Paradigm-led seed round for Harmonic, a team building a new block-building engine on Solana which may seek to compete with Jito’s established integrations. Interestingly, KMNO is the one name in the sector to hold positive, albeit slightly, at only +0.24% on the week.  In a bearish trend, it will be increasingly important to focus on the sectors of relative strength, or hold patient for oversold and discounted levels on fundamentally strong names with a clear growth path. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/downtrends-btc-eth-solThe post Downtrends in BTC, ETH and SOL as risk returns to market appeared on BitcoinEthereumNews.com. This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Happy Friday. It was another rough week for crypto markets, with nearly every sector registering negative returns and a handful of long-tail “stablecoins” losing their peg. Weakness prevails across the board, with all of our tracked indices posting negative returns over the past week, except for DePIN. This weakness comes as the majors BTC, ETH and SOL have established a daily and weekly downtrend, while equity indices have reversed ~3%-5% off their highs, adding risk back to the market. The selloff in equities has elevated the VIX to a level of 20. Within crypto, DePIN was the one sector of strength, up 2% on the week, while the Launchpad and Solana Ecosystem sectors were the hardest hit, down 15% and 27.6%, respectively.    Looking at the top winners within DePIN, AR and FIL account for a majority of the sector’s strength, trading up 60% and 31%, respectively.  The Solana Ecosystem names are among the hardest hit, with MPLX (-24%), RAY (-21%), and JTO (-19%) making the largest downside moves. JTO’s underperformance comes amid a recent $6 million Paradigm-led seed round for Harmonic, a team building a new block-building engine on Solana which may seek to compete with Jito’s established integrations. Interestingly, KMNO is the one name in the sector to hold positive, albeit slightly, at only +0.24% on the week.  In a bearish trend, it will be increasingly important to focus on the sectors of relative strength, or hold patient for oversold and discounted levels on fundamentally strong names with a clear growth path. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/downtrends-btc-eth-sol

                                                                               BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate.                     BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more