Altcoin Resurgence Expected if Ether ETFs Drive Sharp Uptick in ETH, Says Two Prime’s Blume
A managing partner at SEC-regulated Registered Investment Advisor Two Prime has discussed the potential impact of spot ether exchange-traded fund (ETF) launches on the cryptocurrency market. He explained that early demand could be greater than when…
Crypto Super PAC spends $1.7M on media buys as Arizona primary looms
Protect Progress used roughly $415,000 to fund a media buy for former Aspiration CEO Andrei Cherny, a Democrat running for Congress in Arizona’s 1st District.
Mt. Gox Creditors Begin Withdrawing Owed Bitcoin And BCH Funds Via Kraken
After a decade-long wait, creditors of the now-defunct Mt. Gox Bitcoin exchange have finally begun receiving their owed Bitcoin (BTC) and Bitcoin cash (BCH) via the Kraken and Bitstamp crypto exchanges. However, this had a notable impact on the…
Buyers in Asian markets were reluctant to continue purchasing gold as it reached a new record high last week, opting to cash out and wait for deeper discounts. In India, sellers were offering discounts on gold bullion of over $65 per ounce, with…
Investors traded over $1 billion worth of shares - or ether {{ETH}} - of the freshly launched ether exchange-traded fund (ETF) issuers on the first day of trading, data from Bloomberg shows.
BlackRock's $500M Tokenized Fund Pitches for Ethena's RWA Investment Plan
Ethena's proposal to allocate funds to tokenized real-world assets for yield follows similar actions by crypto lender MakerDAO and Ethereum layer-2 Arbitrum's development organization.
Chainlink (LINK) Forms Signal That Last Led To 123% Rally
On-chain data shows Chainlink has just seen a level of decline in its exchange reserve that last led to a massive rally for the cryptocurrency. Chainlink Exchange Supply Has Dropped By 1.6% In The Past Month According to data from the on-chain…
Coinbase Narrows Demand for SEC Chair Gensler's Crypto Messages
Coinbase Inc. (COIN) is going after internal chatter at the U.S. Securities and Exchange Commission (SEC) that may shed light on its pursuit of cryptocurrency exchanges as illegal enterprises – including Chair Gary Gensler's own communications –…
Bitcoin Slips to Near $65K as Mt. Gox Creditors Receive Assets on Kraken
The imminent distribution of nearly $9 billion worth of bitcoin and bitcoin cash to Mt. Gox creditors have been a major overhang on crypto markets, with investors concerned about how much of those assets will be sold.
Stonex Bullion’s Analyst Predicts Gold Increase Due to Heightened Political Confusion
Gold prices are poised to rise due to the current political uncertainty in the United States, according to Rhona O’Connell, head of market analysis at Stonex Bullion. This comes as economic indicators suggest potential changes in monetary…
Spot Ether ETFs See $600M in Volume In First Half Day of Trading
The eight recently launched spot ethereum {{ETH}} exchange-traded funds (ETFs) posted nearly $600 million worth of volume in the first half of their first day of availability, according to data from Bloomberg.
IMX: Bulls Pummel The Bears With A 10% Uptick This Week
Crypto gaming is making a comeback with Immutable leading the charge. This led IMX, the native token of the platform, to give strong bullish signals, giving investors and traders a substantial 10% uptick since last week. The move was supported by…
Multi-Billion-Dollar Asset Manager Hamilton Lane Pioneers Private Credit Fund Launch on Solana
Hamilton Lane has become the first asset manager to introduce a private credit fund on the Solana blockchain, broadening its presence in the digital asset sector. By collaborating with Web3 protocol Libre, the firm aims to make its Senior Credit…
Ethereum Market Stagnation Marks Tepid Trading Day Despite ETF Launch
Ethereum’s price exhibited volatility on Tuesday, coinciding with the launch of U.S. spot ether exchange-traded funds (ETFs) on Wall Street. At around 5 a.m. EDT, ETH surged to an intraday high of $3,540 per coin but later dropped to…
Dogecoin Falling Wedge Pattern: Crypto Analyst Predicts Breakout To $0.22
Crypto Analyst World of Charts has highlighted a bullish pattern that could send the Dogecoin (DOGE) price to new highs. The analyst predicted that the foremost meme coin could rise to $0.22 when this move occurs. How Dogecoin Will Rise To $0.22…
Single Entity Risk Questioned as Coinbase Dominates ETH and BTC ETF Reserve Storage
The day before the spot ether exchange-traded funds (ETFs) were introduced, Coinbase posted on X to clarify its position regarding spot BTC and ETH ETFs. The company mentioned that it holds assets for ten out of 11 spot bitcoin ETFs and eight out…
Bitwise Reveals ENS Subnames for Ethereum ETF Reserve Wallets
On Tuesday, Bitwise Investments disclosed a collection of Ethereum Name Service (ENS) subnames for its ethereum reserve holding wallets. Bitwise emphasized that this level of transparency is unique to cryptocurrency, allowing the public to easily…
In a day marked by the launch of the long-anticipated spot Ethereum (ETH) Exchange-Traded Fund (ETF) in the United States, the market’s response has been unexpectedly subdued. Analysts from Singapore-based crypto asset trading firm QCP Capital have…
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