Bitcoin recorded its third major profit-taking episode in 2024, with realized profits reaching $6-8 billion during recent trading activity. This scale of profit realization matches previous peak events observed earlier in the year. Newly entered institutional-scale investors, often termed ‘whales,’… Read More »Bitcoin Whales Drive $6-8 Billion Profit-Taking Event as Prices Surpass $120,000 Mark
Jito Labs has led a coalition of industry participants in submitting a joint letter to the U.S. Securities and Exchange Commission (SEC) advocating for Liquidity Staking Tokens (LSTs) as a core component of proposed Solana exchange-traded funds (ETFs). The signatories… Read More »Industry Coalition Advocates LST Integration in Solana ETFs to Boost Liquidity
Cardano has launched its native USDM stablecoin to bolster decentralized finance (DeFi) liquidity, targeting a significant deficit where stablecoins currently represent only 9.65% of the network’s total value locked (TVL). This adoption rate significantly trails competing blockchains like Ethereum and… Read More »Cardano Debuts USDM Stablecoin with Advanced Privacy Features to Address DeFi Liquidity Gap
The White House’s latest cryptocurrency policy report reiterates established regulatory frameworks without proposing new initiatives, drawing mixed reactions from industry stakeholders. The document extensively details current approaches yet notably omits discussion of a strategic U.S. Bitcoin reserve, despite such programs… Read More »White House Crypto Report Reaffirms Existing Policies, Skips Bitcoin Reserve Updates
Major Bitcoin holders have significantly expanded their positions over a four-month period, accumulating approximately 218,570 BTC – equivalent to nearly 1% of Bitcoin’s circulating supply. This acquisition came despite selective profit-taking activities, including a single-day whale transaction involving $9 billion… Read More »Bitcoin Whales Accumulate 1% of Circulating Supply Amid Market Diversification
Bitcoin’s market dominance has reached 60.71%, reinforcing its position as the cryptocurrency leader while delaying the onset of an altcoin season. Despite Bitcoin’s persistent control over market capitalization, Ethereum has demonstrated significant strength with a 45% gain against Bitcoin recently.… Read More »Bitcoin Dominance at 60.71% Delays Altcoin Season Despite Ethereum Gains
Bitcoin confronts short-term pressure as fading expectations for U.S. Federal Reserve rate cuts create market headwinds, with resistance forming near the $115,000-$118,000 price range. This follows a drop in September rate cut probability from 63% to 43%, cooling bullish momentum… Read More »Bitcoin Faces Volatility Amid Diminished Fed Rate Cut Expectations, Analysts Eye Policy Pivot
Dogecoin (DOGE) is currently testing a critical support level at $0.2174 against the U.S. dollar, with technical indicators suggesting potential further declines if this threshold is decisively breached. A breakdown below this support could accelerate bearish momentum toward the $0.20-$0.21… Read More »Dogecoin Tests Critical $0.2174 Support Amid Bearish Pressure
A new financial ecosystem known as Money2 is rapidly evolving through the convergence of stablecoins and decentralized finance (DeFi), creating a trustless system that bypasses traditional intermediaries. This architecture has achieved substantial scale with global stablecoin supply reaching $225 billion,… Read More »Money2 Emerges: Stablecoins and DeFi Form $225B Trustless Financial System
FG Nexus has secured $200 million in private funding to implement a strategic shift adopting Ethereum as its principal treasury reserve asset. Previously known as Fundamental Global, the rebranded entity is spearheaded by executives Joe Moglia and Maja Vujinovic, positioning… Read More »FG Nexus Raises $200 Million to Adopt Ethereum as Primary Treasury Asset
The cryptocurrency market’s robust bullish momentum is being primarily fueled by increasing dominance from new investors, with market sentiment indicating significant room for further price appreciation before reaching typical peak euphoria levels. According to analysis highlighted by CryptoQuant analyst AXEL,… Read More »New Investor Influx Signals Continued Upside for Crypto Bull Market, Analys Reveals
Futures trading volume for Ethereum and altcoins surged to $223.6 billion on July 31, reaching its highest level since February 2024 and signaling renewed market engagement. The volume represents a 15% increase over the previous peak in February 2024, highlighting… Read More »Ethereum and Altcoin Futures Trading Volume Hits $223.6B, Highest Since February 2024
Design software company Figma revealed nearly $70 million in Bitcoin exchange-traded fund (ETF) holdings in regulatory filings accompanying its listing on the New York Stock Exchange. This strategic allocation underscores growing corporate confidence in cryptocurrency assets through regulated financial instruments.… Read More »Figma Discloses $70 Million Bitcoin ETF Holdings in NYSE Listing
The U.S. Securities and Exchange Commission (SEC) has introduced new proposed rules establishing a streamlined framework for the approval of crypto asset exchange-traded products (ETPs). Key among the potential impacts, this framework paves the way for anticipated Solana and XRP… Read More »SEC Proposal Streamlines Path for Solana and XRP ETP Launch by Q4 2025
Shares of CEA Industries (ticker: VAPE) plunged 13.69% to close at $30.63, reflecting heightened volatility across cryptocurrency-linked assets and escalating investor caution. The decline underscores broader corrections within the crypto equity sector and positions VAPE—often compared to MicroStrategy for its… Read More »CEA Industries (VAPE) Stock Tumbles 13.69% Amid Crypto Market Volatility
AllUnity has introduced EURAU, a euro-denominated stablecoin regulated under Germany’s BaFin and the European Union’s Markets in Crypto-Assets framework (MiCA). The launch aims to accelerate growth in the euro stablecoin sector, which represents just 0.2% of the $272.9 billion global… Read More »AllUnity Launches EURAU: Regulated Euro Stablecoin Targets Market Expansion
FG Nexus has launched a $200 million treasury strategy leveraging Ethereum’s blockchain for staking rewards and tokenized real-world asset (RWA) investments. The initiative follows the firm’s recent rebranding and successful capital raise from institutional backers including Galaxy Digital, Kraken, and… Read More »FG Nexus Unveils $200M Ethereum Treasury Strategy Focused on ETH Staking and Tokenized Real-World Assets
Nearly all CFOs at billion-dollar companies anticipate long-term cryptocurrency adoption within their organizations, with 23% actively planning bitcoin integration within the next two years. The shift, driven by payment solutions and investment opportunities, signals widespread corporate acceptance despite persistent market… Read More »Corporate Crypto Adoption Soars: 99% of Billion-Dollar Firm CFOs Plan Long-Term Digital Asset Integration
FG Nexus has secured $200 million in funding to establish Ethereum as its core treasury reserve asset while launching dedicated staking operations. The Nasdaq-listed firm simultaneously announced a corporate rebranding to FG Nexus Inc., with new stock tickers FGNX and… Read More »FG Nexus Allocates $200 Million to Ethereum Treasury Strategy with Galaxy and Kraken Partnership
Investment firm Bernstein asserts that the ongoing cryptocurrency bull market remains in its early stages, with increasing trading volumes and mainstream adoption serving as key growth catalysts. This trend particularly benefits trading platforms Robinhood and Coinbase, which are capitalizing on… Read More »Bernstein: Crypto Bull Market in Early Phase, Robinhood and Coinbase Primed for Growth