Former President Donald Trump convened a meeting with 11 members of the U.S. House of Representatives to discuss advancing the proposed GENIUS Act. The core objective of the discussions was to align the Act’s provisions with market needs, specifically within… Read More »Trump Meets Lawmakers to Advance GENIUS Act Aimed at Crypto Regulatory Balance
A recently created Ethereum wallet has executed substantial withdrawals from cryptocurrency trading platform FalconX, removing 68,141 ETH worth approximately $205.74 million over a four-day period. This activity represents significant movements within Ethereum’s liquidity landscape. The unidentified wallet, bearing address 0x96842feaf466ab482e700acac5c80e61b97e06ea,… Read More »New Ethereum Wallet Withdraws $205 Million in ETH From FalconX, Signaling Major Liquidity Shift
The Pandu Bitcoin ETF (02818.HK) will commence trading on the Hong Kong Stock Exchange on July 18, 2024, introducing the region’s first Bitcoin investment vehicle accessible through conventional securities accounts. Designed to mirror Bitcoin’s price movements, the ETF employs the… Read More »Pandu Bitcoin ETF to Launch on Hong Kong Stock Exchange, Offering First Local BTC Investment Channel
Data analytics indicate a major whale or institutional investor executed significant Ethereum withdrawals from crypto exchange Kraken, totaling 80,312 ETH valued at approximately $251 million across transaction batches. The activity began on July 10 with a sustained accumulation pattern, concluding… Read More »Whale Withdraws Over 80,000 ETH Worth $251 Million from Kraken
Major cryptocurrencies face increased selling pressure as whale activity and technical resistance trigger market corrections. Bitcoin’s recent rally to $122,000 reversed sharply after a significant whale transferred 16,843 BTC to institutional trading desk Galaxy Digital, causing an immediate $6,000 price… Read More »Cryptocurrency Market Faces Corrections as Bitcoin Whale Selling Sparks Volatility
LD Capital’s founder has publicly recommended that Ethereum (ETH) holders consider selling part of their holdings as a strategic move. This advice specifically targets removing leverage from positions during the current bull market environment. The core objective is to safeguard… Read More »LD Capital Founder Recommends Partial ETH Sale to Reduce Leverage
Cantor Equity Partners 1, a special purpose acquisition company (SPAC) affiliated with Cantor Fitzgerald, is negotiating the acquisition of nearly 30,000 Bitcoin (worth approximately $4 billion) from Blockstream founder Adam Back. The deal involves raising an additional $800 million in… Read More »Cantor-Backed SPAC Pursues Landmark $4 Billion Bitcoin Acquisition to Accelerate Institutional Crypto Entry
Trend Research has executed a significant market maneuver by depositing 17,289 ETH, valued at approximately $53 million, into a centralized exchange. This move is described as a strategic component of the firm’s approach to capitalize on the current bull market… Read More »Trend Research Executes Strategic ETH Deposit Amid Bull Market Profits
Decentralized token launch platform Pump.fun has completed a significant capital movement, transferring $16 million to a designated buyback address. The substantial transfer is understood to be part of the platform’s tokenomic strategy. Such buyback mechanisms are often employed by projects… Read More »Pump.fun Executes $16 Million Token Buyback Transfer
Ethereum has demonstrated significant gains against Bitcoin’s recent downturn, highlighting a potential shift in cryptocurrency market dynamics. The second-largest cryptocurrency by market capitalization surged 4% in 24 hours and 20% over the past week, trading near $3,128. This contrasts with… Read More »Ethereum Outperforms Declining Bitcoin on Institutional Adoption and Regulatory Progress
Institutional investment firm AguilaTrades has established a substantial long position in Bitcoin (BTC), valued at approximately $10.43 million. This significant accumulation indicates growing confidence within the firm regarding Bitcoin’s potential role as a key strategic asset within diversified investment portfolios.… Read More »AguilaTrades Builds Significant $10.43 Million Long Position in Bitcoin
Unverified reports emerged during the Trump administration suggesting President Donald Trump considered replacing Federal Reserve Chair Jerome Powell. The potential replacement candidate identified in these unconfirmed reports was Treasury Secretary Steven Bessent. President Trump was reportedly dissatisfied with Powell’s monetary… Read More »Unconfirmed Report: Trump Considered Fed Chair Replacement During Term
Citigroup and JPMorgan Chase are advancing plans to explore stablecoin issuance, signaling major financial institutions’ growing commitment to digital assets. Citigroup projects the stablecoin market will surge to $3.7 trillion by 2030 and is actively evaluating sector entry strategies. While… Read More »Citigroup and JPMorgan Explore Stablecoin Market Amid Projected $3.7 Trillion Growth
Market sentiment for Bitcoin has entered the ‘Greed’ territory, with the Fear and Greed Index registering 2.77. This shift indicates growing optimism among investors as early bullish momentum takes hold. Despite rising enthusiasm, large Bitcoin holders are gradually reducing their… Read More »Bitcoin Greed Climbs Amid Whale Exodus While Ethereum Eyes Altseason Trigger
Mary-Catherine Lader has resigned from her roles as President and Chief Operating Officer of Uniswap Labs, concluding a four-year tenure where she significantly contributed to the company’s expansion and regulatory strategy. Under Lader’s leadership, Uniswap Labs secured $165 million in… Read More »Uniswap Labs President and COO Mary-Catherine Lader Resigns After Four-Year Tenure
Planet Ventures has increased its Bitcoin reserves by 3.02 BTC, elevating its total holdings to 19.71 BTC. The company formally recognizes Bitcoin as a credible long-term store of value and strategic treasury asset. The acquisition reflects growing corporate confidence in… Read More »Planet Ventures Expands Bitcoin Holdings to 19.71 BTC Amid Corporate Adoption Trend
Bitcoin has surpassed the $118,000 price threshold, propelled by accelerating institutional adoption, favorable macroeconomic trends, and robust liquidity in Binance’s USDT trading environment. The milestone underscores growing investor confidence in Bitcoin’s market stability and long-term value proposition. Key drivers include… Read More »Bitcoin Tops $118,000 on Institutional Surge and Enhanced Stablecoin Liquidity
ProShares has rolled out innovative leveraged exchange-traded funds centered on Solana and XRP, introducing the ProShares Ultra Solana ETF and ProShares Ultra XRP ETF. These pioneering products grant investors double the daily exposure to both cryptocurrencies, catering to risk-tolerant traders… Read More »ProShares Launches Leveraged ETFs for Solana and XRP Offering Double Daily Exposure
The cryptocurrency market is exhibiting signs of significant maturation during the first half of the year, driven in large part by deepening institutional involvement and distinct divergences in trading behavior compared to retail investors. Institutional investors are demonstrating a pronounced… Read More »Institutional Adoption Deepens as Crypto Market Matures, BTC & ETH Dominate OTC Activity
The landmark criminal trial of Roman Storm, co-founder of cryptocurrency mixing service Tornado Cash, has commenced amid allegations that the protocol facilitated money laundering by the Lazarus Group, a North Korean state-sponsored hacking collective. Prosecutors contend Storm enabled illicit financial… Read More »Tornado Cash Co-Founder’s Trial Sparks Debate on Crypto Privacy Tool Liability