Grayscale Eyes Wall Street Entry With Confidential IPO Filing Amid Bull Market Momentum
Grayscale Investments has filed a confidential registration statement with the U.S. Securities and Exchange Commission. The move aligns with the provisions of the JOBS Act. The document marks the company’s first official step toward a public listing. Grayscale has not yet disclosed the number of shares or pricing details. ✦ Grayscale takes a significant step […]
Filecoin Plunges 6% as Selling Pressure Increases, Crypto Market Retracts
Filecoin (FIL) crashed 5.6% in the 24-hour trading session from July 14 10:00 UTC to July 15 09:00 UTC, sliding from $2.66 to $2.51, according to CoinDesk Research’s technical analysis model. The model shows that the token posted a volatile 7.52% intraday movement. The slump in token of the decentralized storage network came as the […]
Standard Chartered Launches Institutional Spot BTC, ETH Trading
Standard Chartered has become the first internationally recognized financial heavyweight to launch direct spot trading for Bitcoin and Ethereum. The offering positions the UK-based institution at the forefront of regulated digital asset integration within traditional finance. Launch Mechanics and Client Access According to reports, the new service will allow institutional clients, including asset managers, corporations, […]
$150 Billion Wiped Out From Crypto Markets as Bitcoin Drops Below $117K: Market Watch
After several consecutive days of almost constant gains and a $15,000 run higher, bitcoin has finally started to correct and has dropped by over six grand since yesterday’s all-time high. The altcoins have followed suit, with substantial price declines from the likes of DOGE, BCH, SOL, SHIB, CRO, APT, and many others. BTC Slips Below […]
Ethereum Shorts Reach Record Levels, How To Stay Positioned For A Breakout
As the Ethereum price has broken out above $3,000, the shorts have piled on with expectations that this rally will end up like the others before it: in a crash. Not only have the shorts been dominating the market recently, but the exponential growth has seen the short positions rise to levels never before seen […]
Satoshi-era whale moves $4.6B in Bitcoin after 14-year HODL
The mysterious whale may be looking to cash out the transferred Bitcoin.
Function Raises $10M to Bring Yield to Bitcoin; Gets Backing From Galaxy Digital, Antalpha, and Mantle
Crypto infrastructure firm Function has closed a $10 million seed round led by Galaxy Digital (GLXY), with participation from Antalpha (ANTA) and Mantle, the company said in a press release on Tuesday. The round positions Function, formerly known as Ignition, at the forefront of a growing effort to unlock institutional yield opportunities from bitcoin (BTC), […]
Bitcoin’s Volatility Will Continue to Decline as Adoption Grows: Deutsche Bank
Bitcoin’s (BTC) volatility could continue to fall as mainstream acceptance grows and the cryptocurrency is adopted by companies, retail investors and governments, Deutsche Bank said in a research report on Tuesday. Excitement over upcoming legislation in the U.S. has spurred bitcoin’s recent rally, the german lender said, but it is notable that the crypto’s rise […]
Altcoin ADA on the Verge of a Massive Breakout, Cardano Eyes $1.6 Bull Target Next
The price of Bitcoin set its latest ATH at $123,000 after a phenomenal pump from the $112,000 price range. During this pump that occurred in under two days, the price of ETH finally broke past the $3,000 price level, giving altcoins the opportunity to rally alongside it. Several promising altcoins went up around 10% are […]
Ethereum Price Eyes $4K as GENIUS Act Vote Sparks Bullish Surge
TL;DR GENIUS Act vote may unlock billions in stablecoin demand directly into the Ethereum network. Ethereum ETFs just recorded their biggest inflows since launch, reflecting deepening institutional activity. Liquidations for ETH are well above $100 million daily, given today’s price correction, but the asset is well ahead weekly. GENIUS Act Vote Could Shift Ethereum Demand […]
SEC Approves ProShares XRP ETF—Launch Imminent
TL;DR New XRP ETF offers double daily exposure using futures, not direct token ownership. XRP rises 25% as ETF launch and crypto legislation align, fueling trading interest this week. ProShares Ultra XRP ETF Approved for NYSE Arca Listing The US Securities and Exchange Commission has approved the listing of the ProShares Ultra XRP ETF on […]
Bitcoin speculators’ record cost basis boosts $100K support as BTC dives
Bitcoin now has added support at the $100,000 mark as a mass profit-taking takes over speculators, whales and “diamond hands” alike.