Spot Ethereum ETFs Are Bleeding With Record Outflows, ETH Price To Crash Below $3,000?
The Spot Ethereum ETFs have recorded significant outflows recently, sparking a bearish sentiment for the ETH price. These outflows also come at a time when the altcoin has dropped from a six-month high of $3,900 and looks to retest the psychological $3,000 level. Ethereum ETFs See Record Outflows Putting The ETH Price At Risk SoSo […]
CoinDesk 20 Performance Update: SUI Jumps 6.3% as All Assets Climb Higher
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3923.39, up 2.4% (+92.5) since 4 p.m. ET on Wednesday. All 20 assets are trading higher. Leaders: SUI (+6.3%) and POL (+6.2%). Laggards: LTC (+0.0%) and BTC (+0.9%). The […]
EU banking regulator finalizes capital rules for banks holding Bitcoin, Ether
The European Banking Authority has finalized rules requiring banks to assign a 1,250% risk weight to unbacked cryptocurrencies like Bitcoin and Ether.
BTCFi VC funding hits $175M as investors focus on consumer apps
Bitcoin DeFi is seeing more venture capital interest as institutional investors flock to Bitcoin and its increasing yield-bearing capabilities.
Chainlink Launches LINK Reserve to Fuel Network Growth
Chainlink has launched a new on-chain reserve, called the Chainlink Reserve, designed to funnel enterprise demand into its native LINK token, the company announced Thursday. The reserve accumulates LINK using revenue from both fees paid by large institutions for Chainlink’s services and on-chain usage fees from decentralized applications, the company said in a press release, […]
Fed Explores Gold Revaluation Methods as U.S. Considers Strategic Bitcoin Reserve
The Federal Reserve has released a new research note exploring how other countries have unlocked funding by revaluing their gold reserves. This comes amid rising national debt and an increase in gold prices. The idea is gaining traction in U.S. policy discussions, particularly as lawmakers discuss different methods to raise capital without new taxes. Gold […]
Decentralized Finance and Tokenization Growth Still Disappoints: JPMorgan
The growth of decentralized finance (DeFi) and asset tokenization continues to underwhelm, JPMorgan’s Nikolaos Panigirtzoglou said in a research report Wednesday, citing the stagnant recovery since the 2022 crypto winter. Total Value Locked (TVL) in DeFi remains below 2021 highs, with most activity still driven by crypto-native and retail users, the report noted. Institutional adoption […]
$4,000 on the Line for ETH—Could Ozak AI Be the Dark Horse in This Crypto Bull Cycle?
Ethereum was trading at around $3,700 on July 31 after rising by more than 50% in the last 30 days. The digital asset soared to a high of about $4,000 but has been met by resistance in the region of $4,100. With Ethereum consolidating, investors have been focusing on newer tokens. One notable token is […]
Ripple to Buy Stablecoin Payments Firm Rail for $200M to Boost RLUSD
Ripple is buying Rail, a stablecoin payments platform, for $200 million, the firm said on Thursday. The deal is likely to close in the fourth quarter of this year, the statement said. Rail is a Toronto-based payments platform backed by Galaxy Ventures and Accomplice. The Rail acquisition is a way for Ripple to delve deeper […]
TROLL Holders Surpass 6,200 Within 7 days, Targets $0.20
TROLL adds 6,200+ holders in 7 days as price nears $0.20. Bullish momentum confirmed by RSI, MACD, and strong social buzz across X and TikTok.
Cardano (ADA) Price Prediction: Can an ADA Breakout Lead to $1.30?
Cardano (ADA) is showing signs of strength despite a quiet market. In the past 24 hours, ADA has climbed nearly 4.35%, while over the past week, it has dropped slightly by 3.68%. This mixed performance reflects a market in transition, but ADA’s recent momentum is sparking new optimism. Cardano (ADA) was trading at $0.7552 at
Hong Kong’s Trivest Advisors Confirm $90.4 Million Stake in BlackRock’s Bitcoin ETF
In a recent SEC filing, Hong Kong-based Trivest Advisors disclosed a new $90.4 million investment in BlackRock’s spot Bitcoin ETF, IBIT. The filing shows the firm held 1,477,800 IBIT shares as of June 30. Confirmed by a post on X by Macroscope, this position places Trivest among the top ten holders of the ETF globally […]