BlackRock’s iShares Bitcoin Trust (IBIT) has cemented its dominance within the U.S. spot Bitcoin ETF market, amassing over 700,000 BTC valued at approximately $75.5 billion. The fund now represents 55% of all Bitcoin held by U.S. spot ETFs, significantly outpacing… Read More »BlackRock’s IBIT ETF Commands 55% of US Spot Bitcoin Market Amid Surging Institutional Demand
A recent market report from cryptocurrency exchange BitMart indicates that Bitcoin (BTC) is currently experiencing stable price fluctuations within a rational market environment. Analysts cited in the report highlight the potential for significant breakout scenarios for the leading cryptocurrency, suggesting… Read More »BitMart Report: Bitcoin Exhibits Stable Fluctuations Amid Rational Market, Breakout Potential Noted
Blockchain organization Populus is advocating for the development of a Korean Won (KRW)-denominated stablecoin on the Ethereum blockchain, highlighting the network’s liquidity advantages, security protocols, and global infrastructure as key catalysts for adoption. The group emphasized that Ethereum’s extensive decentralized… Read More »Populus Endorses Korean Won Stablecoin Issuance on Ethereum Citing Liquidity and Security
CryptoQuant analyst AXEL Adler Jr has identified a recurring pattern in Bitcoin’s 30-day percentile funding rate that historically signals market bottoms and subsequent bullish momentum. The pattern marked critical turning points in September 2023, May 2024, September 2024, and most… Read More »Bitcoin Funding Rate Pattern Signals Potential Bullish Breakout Ahead
Solana’s price action remains confined within a bearish technical pattern, facing persistent rejection near the $153 resistance level while relying on established support around $137. This consolidation within a descending wedge formation hints at weakening bullish momentum despite the network’s… Read More »Solana Price Stalls Near $153 Resistance Despite Robust Network Activity
The US Securities and Exchange Commission (SEC) has postponed a decision on Fidelity’s proposed spot Solana exchange-traded fund (ETF), initiating a formal review process. This action triggers a mandatory 21-day public comment window followed by a 35-day rebuttal period. The… Read More »SEC Delays Fidelity Solana ETF Approval Process, Opens Public Feedback
Ethereum co-founder Vitalik Buterin has proposed the adoption of copyleft licenses within the cryptocurrency sector to advance open innovation and community-driven development. In his advocacy, Buterin argues that requiring derivative projects to remain open-source would create mutual benefits across the… Read More »Vitalik Buterin Endorses Copyleft Licenses to Foster Open Innovation in Crypto Industry
Cryptocurrency analysts report Bitcoin is entering a new on-chain phase marked by fading weak altcoins and strengthening correlations between major alternative coins, signaling a potential broader market maturation. The Spent Output Profit Ratio (SOPR) Trend Signal for Bitcoin has indicated… Read More »Analysts Identify Bitcoin Market Maturation Phase as Altcoins Consolidate
Gate exchange has introduced perpetual contract trading for BOOM, settling exclusively in USDT and allowing leverage of up to 20x. The offering commenced trading today at 20:05 UTC+8, providing traders with a flexible, expiration-free instrument in the cryptocurrency derivatives market.… Read More »Gate Launches BOOM Perpetual Contracts Trading with USDT Settlement and 20x Leverage
The U.S. Securities and Exchange Commission has formally begun reviewing Trump Media & Technology Group’s application for a Bitcoin and Ethereum exchange-traded fund (ETF). The regulator’s acceptance of the filing initiates a standard review period for the proposed fund, which… Read More »SEC Reviews Trump Media Bitcoin-Ether ETF, Delays Fidelity Solana Fund Decision
Cryptocurrency miner and holder Bit Digital has executed a major strategic shift in its treasury holdings, divesting 280 Bitcoin (BTC) and significantly increasing its stake in Ethereum (ETH). Proceeds from the BTC sale were actively reinvested into Ethereum, raising the… Read More »Bit Digital Shifts Treasury Strategy to Ethereum, Citing DeFi Potential
The V2EX token on Solana achieved a record market capitalization of $6.6 million, reflecting growing investor confidence and fueled by newly implemented wallet functionalities on the platform. This milestone positions V2EX among notable tokens on the Solana blockchain. Current trading… Read More »V2EX Token Reaches Historic $6.6M Market Cap on Solana as Platform Adds Wallet Features
Australian digital asset fund manager DigitalX has successfully completed a capital raise of A$20.7 million. The funds will support the company’s strategy of increasing its direct Bitcoin holdings, with approximately A$12.8 million allocated towards operational expenses and working capital requirements.… Read More »DigitalX Raises A$20.7M, Bolsters Advisory Board in Strategic Bitcoin Fund Expansion
Cardano’s ADA token has entered a phase of price stabilization near the $0.585 mark following recent market fluctuations. Cryptocurrency analysts report the asset is currently trading between crucial technical levels that could determine its near-term trajectory. The digital asset dipped… Read More »Cardano Stabilizes Near $0.585 as Analysts Monitor Critical Support and Resistance Levels
A major Ethereum trader has generated approximately $9.56 million in unrealized gains through a leveraged short position of 50,000 ETH. The whale maintains an unclosed 10x leveraged position initiated at $2,725 per ETH, with liquidation risks emerging if prices reach… Read More »Ethereum Whale Secures $9.56 Million Floating Profit in 50,000 ETH Short Position
Ethereum spot exchange-traded funds (ETFs) reported robust investor activity with $62.11 million in net inflows over the past 24 hours. All nine tracked funds recorded positive net inflows during this period. The unanimous capital movement signals strong market confidence in… Read More »Ethereum Spot ETFs See $62.11 Million Daily Inflow Boost as All Nine Funds Gain
Coinbase and multiple cryptocurrency advocacy groups are intensifying efforts to secure U.S. House approval for the CLARITY Act, legislation designed to establish definitive regulatory guidelines for digital assets. The coalition, including the Stand With Crypto Alliance and over 65 additional… Read More »Crypto Industry Urges House Passage of CLARITY Act to Define Regulatory Framework
DigitalX has raised A$20.7 million (approximately $13.48 million USD) in a strategic investment round from institutional investors, including prominent firms Animoca Brands, UTXO Management, and ParaFi Capital. The capital injection will primarily support the expansion of DigitalX’s Bitcoin reserves, reinforcing… Read More »DigitalX Secures A$20.7M Strategic Funding to Expand Bitcoin Reserves and Strengthen Governance
The CLARITY Act has emerged as pivotal legislation seeking to clarify regulatory jurisdiction between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) over digital assets. Its primary objective is to assign oversight of most cryptocurrencies… Read More »Industry Leaders Urge Passage of CLARITY Act as US Lawmakers Push Crypto Regulatory Framework
A Bitcoin whale monitored by on-chain analyst Ai Yi has accumulated over $100 million in short positions since March, generating $14.2 million in cumulative profits through four strategic trades. The whale initially faced a floating loss but reversed this into… Read More »Bitcoin Whale Secures $14.2 Million Profit from $100+ Million Short Positions