Ether Resurgence Gains Steam Backed by Spot ETF Demand and On-Chain Growth: Citi
After enduring a drawdown of more than 55% earlier this year and lagging peers amid tariff-driven risk-off sentiment, ether (ETH) has staged a powerful comeback, Wall Street bank Citi (C) said in a research report on Tuesday. The second-largest cryptocurrency is now up nearly 30% year-to-date, testing bitcoin’s (BTC) dominance in a way not seen […]
Markets Today: Bitcoin, Ether Recover From Lows Before FOMC Minutes
Bitcoin (BTC) and ether (ETH) recovered from overnight lows, even as U.S. stock index futures slipped and Japanese bond yields rose to multidecade highs in move than might make riskier assets less attractive. The CoinDesk 20 Index (CD20) traded 1.5% lower on a 24-hour basis, pointing to broad market weakness. The CoinDesk 80 Index (CD80) […]
Crypto Offers Answer to Money Laundering Crisis: Global Alert Network Called ‘Beacon’
Money laundering has long been a scourge of the cryptocurrency sector, and the industry has a new answer meant to demonstrate it can head off major problems before they accelerate: the Beacon Network. The new system of illicit-activity alerts, which has been building behind the scenes under the management of TRM Labs, is now officially […]
How Social Media Built a Global Hub for Bitcoin Treasuries
Tim Kotzman sat down in a New York studio in September 2024 to record a podcast, something he saw as little more than an experiment. The first few episodes drew almost no attention. Kotzman had no background in journalism, and his only prior podcast experience was appearing on a friend’s show to discuss his private […]
Bitcoin Approaching Key Bull Market Support Amid 10% Correction
Bitcoin (BTC) is down 10% from its all time high of just over $124,000, with the next level of support forming around $108,600, which is the short-term holder realized price (STH RP). The STH RP, which reflects the average acquisition price of coins moved within the past 155 days, is a key metric for gauging […]
AMTD Firms Roll Out Crypto-for-Stock Swap Program on NYSE
Three affiliated AMTD Group companies listed on the New York Stock Exchange have announced a program that would allow crypto holders to swap digital assets for newly issued shares. Key Takeaways: AMTD firms proposed a crypto-for-stock swap letting investors exchange Bitcoin, Ethereum, USDT, BNB, and USDC for newly issued shares. The program is pitched as […]
Crypto ETFs Bleed Nearly $1B as Bitcoin Dips to $112K — Are Analysts Buying the Dip?
The crypto market faced a sharp jolt this week as nearly $1 billion flowed out of U.S. spot Bitcoin and Ethereum exchange-traded funds (ETFs), coinciding with a steep decline in Bitcoin’s price to $112,000. The massive withdrawals, recorded on Tuesday, marked the second-largest daily outflows for both Bitcoin and Ethereum ETFs this month, underscoring growing […]
CFTC Wins $228M Judgment Against Pastor Who Ran Crypto Ponzi Promising 5-10% Weekly Returns
The U.S. District Court for the Southern District of New York granted summary judgment, awarding the Commodity Futures Trading Commission (CFTC) $228.6 million in restitution against Eddy Alexandre and his company, EminiFX, for operating a massive crypto Ponzi scheme. Alexandre, who exploited his position within his church and the Haitian community, defrauded over 25,000 investors […]
Buyback and Burn of $MBG Unveiled as MultiBank Group Posts $209M H1 Revenue
Hong Kong, PRC, August 20th, 2025, Chainwire MultiBank Group, one of the world’s largest financial derivatives institutions, has announced a strategic buyback and burn program for its $MBG Utility Token. Backed by strong H1 2025 results, with $209 million in revenue (up 20% year-on-year) and $170 million in profit, the measure is designed to enhance […]
Trader Turns $125K ETH Into Millions Only to Lose Everything Overnight
Ethereum rally this month has given traders strong opportunities, by helping them boost portfolio values and unlock profitable exits. The subsequent downtrend, however, has proven equally damaging. A trader once celebrated for turning a modest $125,000 deposit into tens of millions of dollars through aggressive Ethereum longs has seen their fortunes unravel dramatically. ETH Trader’s […]
Bernstein Says Crypto Bull Market Could Run Through 2027, With BTC Between $150,000 and $200,000
Alliance Bernstein says crypto bull market could run through 2027, with BTC between $150,000 and $200,000. The global investment firm, like a few other reputed crypto analysts, believes that this ongoing bull cycle will go on for a lot longer than traditionally expected. So far, every crypto bull cycle has lasted a proper 4 years, […]
Fed’s Bowman Pushes for Crypto Literacy and Regulatory Shift
Fed VC Michelle Bowman urged regulators to embrace the role of crypto in banking. The GENIUS Act sets clear licensing and reserve standards for stablecoin issuers. Trump-era policy shift shows Fed moving from skepticism to shaping digital finance. Federal Reserve Vice Chair for Supervision Michelle Bowman proposed that bank regulators drop their ‘overly cautious mindset’ […]