Bitcoin demonstrates resilience near the $105,000 price level, maintaining bullish sentiment even as historical trends suggest potential headwinds for the third quarter. Market indicators present a complex picture: Bitcoin dominance remains exceptionally strong at 65.5%, while low altcoin interest reinforces… Read More »Bitcoin Holds Near $105K Despite Q3 Headwinds as Mixed Signals Define Market Sentiment
U.S. Bitcoin spot exchange-traded funds (ETFs) registered significant investor withdrawals with a total net outflow of $342.2 million in a single trading session. The Fidelity Wise Origin Bitcoin Fund (FBTC) dominated the redemptions with a net outflow of $172.7 million,… Read More »US Bitcoin Spot ETFs Face $342.2 Million Net Outflow Led by FBTC and GBTC
Dogecoin (DOGE) shows signs of regaining strength, approaching a critical resistance level at $0.16537 which analysts suggest could pave the way for significant upside movement. Having found solid support near $0.162 after a recent dip to $0.14270, Dogecoin demonstrates renewed… Read More »Dogecoin Eyes Key Breakout Above $0.165 Resistance Level
New York Attorney General Letitia James has proposed applying banking regulations to stablecoin issuers, including mandatory FDIC insurance requirements. This initiative aims to mitigate systemic risks and uphold financial system integrity by subjecting cryptocurrency firms to oversight standards equivalent to… Read More »New York AG Calls for Bank-Style Regulation of Stablecoin Issuers
The U.S. Securities and Exchange Commission has initiated a token-centric approval framework for cryptocurrency exchange-traded funds, replacing legacy 19b-4 filing procedures. The reformed process mandates a standardized 75-day review window preceding fund listings, prioritizing market capitalization thresholds and liquidity requirements… Read More »SEC Unveils Streamlined Token-Based ETF Approval Framework Focusing on Liquidity Metrics
Hyper, the current leader on the total profit leaderboard amongst major traders, has significantly reduced its exposure to Bitcoin. The entity decreased its long Bitcoin (BTC) position by approximately $7.93 million. This reduction signals a strategic shift towards heightened risk… Read More »Profit Leader Hyper Reduces Bitcoin Long Exposure Amid Market Volatility
Webus International has secured a conditional $100 million equity line from Ripple Strategy Holdings, earmarked for accelerating the adoption of XRP in cryptocurrency payments and blockchain-enabled loyalty programs. This strategic funding aims to address regulatory and market obstacles while advancing… Read More »Webus International Inks $100 Million XRP Equity Deal to Expand Crypto Payments and Loyalty Programs
Bitcoin underwent a price correction in July after former U.S. President Donald Trump announced new tariff policies, spotlighting cryptocurrency market susceptibility to geopolitical developments and notable market-player influences. The tariff implementation impacted global financial markets and amplified cryptocurrency volatility. Tokocrypto… Read More »Bitcoin Price Correction Follows Trump Tariff Announcement, Highlighting Crypto Market Sensitivity
Binance Alpha will list the emerging cryptocurrency project CROSS token on July 4, offering qualified investors exclusive early access to the asset. This move aligns with Binance Alpha’s strategy of spotlighting innovative early-stage tokens demonstrating strong community backing and fundamental… Read More »Binance Alpha to List Emerging CROSS Token for Early-Stage Investor Access
Jump Crypto’s institutional wallet received a significant transfer of 33.1 million W tokens valued at $2.34 million originating from a previously inactive blockchain address. The transaction source, identified as ‘DURd9…BHH29′, occurred approximately eight hours before monitoring and has been linked… Read More »Jump Crypto Receives $2.34M in W Tokens from Fireblocks-Linked Dormant Address
Design software leader Figma has allocated $69.5 million to Bitcoin exchange-traded funds (ETFs), constituting approximately 4.5% of its $1.54 billion portfolio comprising cash and securities. The company has signaled plans to further bolster its Bitcoin exposure by purchasing an additional… Read More »Figma Holds $69.5M Bitcoin ETF Stake, Plans $30M USDC Conversion Ahead of IPO
The US Treasury Department’s Office of Foreign Assets Control (OFAC) has imposed sanctions on Russia-based Aeza Group, a bulletproof hosting provider, and a cryptocurrency wallet holding $350,000 tied to its illicit operations. This action targets Aeza Group’s core infrastructure, widely… Read More »US Treasury Sanctions Aeza Group and $350K Crypto Wallet Over Cybercrime Infrastructure
Bit Digital, Inc. (Nasdaq: BTBT) has secured $162.9 million in net proceeds through a recently completed public offering to support the expansion of its Ethereum staking activities. The digital assets company announced that underwriters associated with the offering fully exercised… Read More »Bit Digital Nets $162.9 Million in Public Offering to Fuel Ethereum Staking Growth
The cryptocurrency market faced continued losses in recent trading sessions, extending a downward trend. The downturn was notably influenced by a significant pullback within the crypto sector focused on artificial intelligence (AI). This resulted in Bitcoin (BTC), the leading cryptocurrency,… Read More »AI Crypto Sector Pullback Drags Market Lower, Bitcoin Retreats to $105,000
Robinhood has minted 2,309 tokenized shares representing OpenAI stock (ticker: o) on the Arbitrum network, utilizing the Ethereum Layer-2 scaling solution. The transaction was executed through Robinhood’s deployer address 0xcB…f556 with minimal gas fees totaling 0.00233 ETH (approximately $0.03). This… Read More »Robinhood Mints 2,309 OpenAI Tokenized Shares on Arbitrum Network
Bitcoin experienced significant price volatility, falling below the $107,000 threshold with an intraday low recorded at $105,250. This downward movement highlights persistent market fluctuations, prompting analysts to identify potential support levels around $100,000 should the selling pressure continue. Despite the… Read More »Bitcoin Dips Below $107k Amid Volatility, Analysts Flag $100k Support Zone
UniCredit Bank is exploring the introduction of a Bitcoin investment product leveraging BlackRock’s recently approved iShares Bitcoin Trust (IBIT). This marks a significant step for traditional banking engagement with cryptocurrency. The planned offering would provide UniCredit clients regulated exposure to… Read More »UniCredit Teams with BlackRock for Planned Bitcoin ETF-Linked Product
Bitfinex Alpha analysts predict Bitcoin’s price could enter a consolidation phase in the near term. They attribute this possibility to the absence of significant forthcoming catalysts stemming from global economics or cryptocurrency regulation. This outlook arrives even after Bitcoin demonstrated… Read More »Bitfinex Alpha Analysts Foresee Bitcoin Consolidation Amidst Catalyst Drought
An individual trader known as an ‘Insider Whale’ has realized profits exceeding $3.23 million through leveraged trades betting against Bitcoin and Ethereum prices. The whale reportedly secured these profits from specific leveraged short positions involving 294.14 BTC and 9,414.14 ETH.… Read More »Massive Leveraged Short Positions Held by ‘Insider Whale’ Yield Over $3M Profit
The Maxwell upgrade on BNB Chain successfully reduced block production time from 1.5 seconds to 0.75 seconds, significantly accelerating transaction processing across the network. This technical optimization triggered unprecedented network activity throughout June. Monthly decentralized exchange volume surged to $166.6… Read More »BNB Chain’s Maxwell Upgrade Fuels Record $166.6 Billion DEX Volume in June