BNB, the native token of the Binance ecosystem, surged to an unprecedented all-time high of $801, driven by significant institutional interest and favorable market dynamics. This peak marks a 14% weekly gain and a 4% increase over the past 24… Read More »BNB Hits All-Time High of $801 Fueled by Institutional Accumulation and Robust Market Activity
Asset manager 21Shares has submitted a filing with the U.S. Securities and Exchange Commission (SEC) for an exchange-traded fund (ETF) directly tracking the ONDO token. The proposed 21Shares Ondo Trust ETF seeks to provide regulated exposure to the native token… Read More »21Shares Files for ONDO Token ETF Aiming to Bridge DeFi with Traditional Finance
South Korea’s Financial Supervisory Service (FSS) has instructed domestic asset management firms to modify their exchange-traded funds (ETFs) to comply with existing regulations restricting investments tied to cryptocurrency markets. The directive reinforces the Financial Services Commission’s (FSC) 2017 guidelines, which… Read More »South Korea Mandates ETF Adjustments to Curb Crypto Exposure in Line with 2017 Guidelines
Approximately 10,606 Bitcoin (BTC), originating from three separate cryptocurrency wallets, were moved in a significant transfer event this week. This activity followed a period of approximately three years of dormancy for these specific wallets. Based on the size and coordinated… Read More »Large-Scale Bitcoin Transfer Sparks Liquidity and Market Trend Speculation
Glassnode analysts underscore crucial technical and capital flow requirements for Bitcoin to achieve a potential surge to $200,000. Lead analyst James Check identifies the $130,000, $140,000, and $150,000 price levels as vital psychological and technical barriers. Sustainable growth necessitates Bitcoin… Read More »Glassnode Analysis: Bitcoin Aims for $200k Amid Key Resistance Challenges
The U.S. spot Ethereum ETF market recorded substantial net inflows totaling $533.8 million in a single trading session, spearheaded by BlackRock’s Ethereum Trust (ETHA) which contributed $426.2 million. This influx signals growing investor interest in Ethereum products amid shifting market… Read More »Ethereum ETFs Attract $533M Influx as Bitcoin Funds Face Continued Outflows
Significant Bitcoin holdings have shifted as dormant wallets moved 10,606 BTC following a three-year inactivity period, according to blockchain tracking data. This large-scale transfer represents one of the most substantial dormant whale movements recently recorded. Market analysts closely monitor such… Read More »Dormant Bitcoin Wallets Transfer 10,606 BTC After Three Years of Inactivity
XRP has signaled a potential bull run following a rare triangle breakout pattern that propelled its price above $3.60. Technical analysis indicates subsequent resistance levels at $4.17, $4.60, and $5.40 could pave the way toward a major $6 price milestone.… Read More »XRP Eyes $6 Milestone with Technical Breakout Amid Bitcoin Crash Warning and Major SOL Transfer
FTX creditors have received judicial approval to transfer claims across different jurisdictions under the ongoing bankruptcy proceedings, as revealed in recently released hearing minutes. This landmark decision aims to ensure equitable treatment for all creditors involved in the cryptocurrency exchange’s… Read More »FTX Bankruptcy Court Approves Cross-Jurisdiction Claim Transfers for Creditors
Binance Alpha distributed 200 YALA tokens to each qualifying participant on July 23, with the airdrop value estimated at $66 per user based on the token’s initial trading range. The YALA token launched within a price band of $0.33 to… Read More »Binance Alpha Airdrops 200 YALA Tokens Per User in Portfolio Expansion Move
U.S. spot Ethereum exchange-traded funds (ETFs) recorded their largest single-day inflow on record at $534.7 million, extending a 13-day streak of consecutive positive flows. The unprecedented capital movement signals surging confidence among institutional investors, bolstered by regulatory clarity and Ethereum’s… Read More »Spot Ethereum ETFs Post Record $534.7M Inflow Amid Institutional Adoption Wave
Experts forecast that Bitcoin has the potential to surpass the $200,000 mark within five years, driven primarily by sustained market volume and stability. While optimism surrounds the long-term price trajectory, market analysts are divided on the specific timeline and remain… Read More »Analysts Project Bitcoin May Reach $200,000 Milestone Amid ETF-Driven Demand
Taiko, an Ethereum Layer 2 scaling solution, has integrated with blockchain analytics platform Dune Analytics to provide real-time access to its on-chain data. This collaboration enables comprehensive monitoring and analysis of network activities within Taiko’s ecosystem. The integration grants users… Read More »Taiko Integrates with Dune Analytics to Enhance Ethereum Layer 2 Data Accessibility
Binance holds a record level of unrealized profit on its Bitcoin holdings, estimated at approximately 60,000 BTC. This significant accumulation reflects robust market psychology and strong conviction among holders on the platform. Concurrently, Binance’s Bitcoin reserves have decreased substantially, falling… Read More »Binance Bitcoin Holdings Signal Strong Holder Confidence Amid Reserve Decline
The UK government is evaluating an extension of its ransomware payment prohibition to critical infrastructure sectors following substantial public consultation and recent cyber incidents. Approximately 75% of respondents to a government consultation expressed support for the expanded ban, which seeks… Read More »UK Government Considers Expanding Ransomware Payment Ban to Protect Critical Infrastructure
Stellar’s XLM cryptocurrency has demonstrated remarkable bullish momentum this month, surging 104% and significantly outperforming major digital assets with a 50% weekly gain. This rally coincides with a critical technical pattern emerging: the 50-day moving average ($0.297) rapidly approaching the… Read More »Stellar (XLM) Surges 104% in July as Golden Cross Forms and Protocol 23 Upgrade Looms
BitMEX co-founder Arthur Hayes has issued a bold prediction for significant cryptocurrency price increases by the end of the previous year (2024), targeting Bitcoin at $250,000 and Ethereum reaching $10,000. Hayes attributes this bullish outlook primarily to potential macroeconomic shifts.… Read More »BitMEX Co-Founder Hayes Forecasts $250K Bitcoin, $10K Ethereum for 2024 End
South Korea’s largest cryptocurrency exchange Upbit continues to demonstrate its influence in the regional market as STRIKE emerges as its most actively traded digital asset. Recent data shows STRIKE/KRW pairs accounted for 23.92% of the platform’s total trading volume, highlighting… Read More »STRIKE Commands Nearly 24% Dominance in KRW Trading Volume on Upbit Exchange
Blockchain analytics platform Onchain Lens has detected significant Ethereum capital movement involving cryptocurrency exchange FalconX. Within a remarkably compact 25-minute window, a newly created wallet received 33,644 ETH tokens directly from FalconX addresses. The transfer carried an approximate market value… Read More »New Ethereum Wallet Rapidly Accumulates $125 Million in ETH from FalconX
Addresses associated with institutional entity WLFI have significantly increased their Ethereum holdings, accumulating 5,608.48 ETH valued at $19.46 million. This investment currently shows an unrealized profit of approximately $1.45 million. Analysts suggest this large-scale accumulation underscores growing institutional confidence in… Read More »WLFI Accumulates $19.46 Million in Ethereum, Highlighting Institutional Confidence