Bitcoin’s 30-day active supply has declined by 17% over the past month, signaling a potential cooling in short-term market activity. Despite this significant drop in coins moving on-chain, the Bitcoin price has demonstrated notable resilience, holding firmly above the $100,000… Read More »Bitcoin Active Supply Drops 17% Amid $100K Stability, Long-Term Strength Intact
BitMart’s latest market report signals a bearish near-term technical outlook for Bitcoin (BTC). The exchange’s analysis points to prevailing market liquidity conditions as a key factor contributing to this negative technical structure. BitMart emphasized the importance for market participants to… Read More »BitMart Report Highlights Bearish Short-Term Technical Structure for BTC Amid Liquidity Challenges
The U.S. Securities and Exchange Commission (SEC) has released updated regulatory guidance to clarify registration procedures for cryptocurrency exchange-traded funds (ETFs). The new rules prioritize comprehensive disclosures around operational mechanics and service provider relationships, aiming to heighten market transparency and… Read More »SEC Issues New Guidance Streamlining Crypto ETF Registration with Transparency Focus
Design software firm Figma disclosed a $70 million investment in a Bitcoin exchange-traded fund (ETF) within its initial public offering filing documents. This strategic allocation highlights Figma’s approach to balancing cryptocurrency exposure with traditional market growth potential. The investment is… Read More »Figma Allocates $70M to Bitcoin ETF in IPO Filing, Signaling Corporate Crypto Embrace
Research firm Matrixport has noted a significant shift in Bitcoin’s market dynamics, highlighting a marked decrease in the cryptocurrency’s volatility alongside signs of decoupling from U.S. stock market movements. This evolving behavior suggests Bitcoin could become increasingly attractive for large-scale… Read More »Bitcoin’s Declining Volatility Spurs Potential Institutional Interest as Correlation with Stocks Loosens
Pudgy Penguins (PENGU), a Solana blockchain-based meme coin associated with the popular Pudgy Penguins NFT collection, has experienced substantial price appreciation coinciding with recovery in NFT markets. The token notably outperformed the wider cryptocurrency sector during this period. The price… Read More »Pudgy Penguins Meme Coin (PENGU) Surges Amid NFT Market Growth and Institutional Interest
Arizona Governor Katie Hobbs has vetoed two bills, HB 2324 and SB 1025, which proposed allocating up to 10% of the state’s treasury funds into Bitcoin. Governor Hobbs cited significant concerns regarding the inherent volatility and associated risks of cryptocurrency… Read More »Arizona Governor Vetoes Bills Proposing State Bitcoin Investment
Tether executed a strategic transfer of $100 million USDT stablecoins from the Tron blockchain to Ethereum using Bitfinex infrastructure. The operation involved burning USDT on Tron’s network and simultaneously reissuing the equivalent amount on Ethereum. This rebalancing addresses growing demand… Read More »Tether Reallocates $100 Million USDT from Tron to Ethereum via Bitfinex for Ecosystem Optimization
The U.S. Securities and Exchange Commission (SEC) has expedited regulatory authorization for Grayscale Investments to transition its Digital Large Cap Fund into a spot exchange-traded fund (ETF). This landmark decision transforms the previously over-the-counter (OTC) traded product into an exchange-listed… Read More »SEC Accelerates Approval for Grayscale’s Digital Large Cap Fund to Convert to Spot ETF
Bitcoin’s correlation with US equities remains elevated at approximately 72%, yet emerging signs of decoupling from major indices like the S&P 500 are being observed. Simultaneously, Bitcoin’s volatility has decreased significantly, enhancing its attractiveness within diversified portfolios by aligning better… Read More »Bitcoin’s Reduced Volatility Strengthens Institutional Portfolio Role
Webus International Limited has entered a strategic equity agreement with Ripple Strategy Holdings worth $100 million to expand its operations in XRP treasury management, cryptocurrency payments, and global blockchain mobility services. The financing arrangement provides Webus with an equity line… Read More »Webus Secures $100 Million Equity Line from Ripple Strategy Holdings to Advance XRP and Blockchain Mobility
The Trump Administration, spearheaded by the Department of Government Efficiency (DOGE), is actively pushing to reduce Securities and Exchange Commission (SEC) regulatory constraints on Special Purpose Acquisition Companies (SPACs) and private funds. The push aims to lower barriers for private… Read More »Trump Administration Pressures SEC to Ease Rules on SPACs and Private Funds
A new report from blockchain security firm SlowMist details a concerning rise in sophisticated psychological attacks targeting cryptocurrency users during the second quarter. These attacks increasingly leverage malicious tools and social engineering tactics to exploit victims. Malicious browser extensions, such… Read More »SlowMist Report Warns of Surge in Sophisticated Psychological Crypto Attacks Targeting Users
Bitcoin concluded June at a historic high above $104,000 despite on-chain indicators signaling muted buyer interest, revealing institutional activity occurring predominantly through off-chain channels like OTC desks and ETFs. U.S. spot Bitcoin ETFs demonstrated significant institutional participation with a 12-day… Read More »Bitcoin Price Defies On-Chain Data as Institutional Demand Fuels Record June Close
A prominent Ethereum (ETH) trader secured $25,920.99 in profit by systematically closing all open long positions on the cryptocurrency. This decisive move underscores a disciplined strategy of risk management employed to navigate the inherent volatility of the cryptocurrency market. By… Read More »ETH Trader Nets $25.9K Profit with Strategic Long Closure, Exemplifying Disciplined Approach
Arizona Governor Katie Hobbs has vetoed HB 2324, blocking legislation that proposed pooling seized cryptocurrencies into a state-managed Bitcoin and Digital Assets Reserve Fund. This marks her third rejection of similar initiatives seeking to incorporate cryptocurrencies into Arizona’s reserves. Hobbs… Read More »Arizona Governor Vetoes Bill to Create State Bitcoin Reserve Fund from Seized Crypto
Financial disclosures filed with the U.S. Securities and Exchange Commission reveal Figma has made significant investments in cryptocurrency assets, underscoring growing corporate confidence in digital assets as a core financial strategy. Figma invested $55 million in the Bitwise Bitcoin ETF… Read More »Figma Discloses Major Bitcoin ETF and Crypto Holdings in SEC Filing
Design platform Figma has disclosed a $70 million investment in spot Bitcoin exchange-traded funds (ETFs) through recent regulatory filings with the U.S. Securities and Exchange Commission. This allocation reflects a strategic evolution in corporate treasury management toward regulated cryptocurrency exposure.… Read More »Figma Allocates $70 Million to Bitcoin ETFs in Corporate Treasury Strategy Shift
Changpeng Zhao (CZ), founder of cryptocurrency exchange Binance, has donated $10 million worth of BNB tokens to support open-source biotechnology projects championed by Ethereum co-founder Vitalik Buterin. The personal donation by CZ directly fuels Buterin’s vision for open collaboration in… Read More »Binance Founder CZ Donates $10M BNB to Vitalik Buterin’s Biotech Projects
Bitcoin holders are accumulating unprecedented unrealized profits approaching $1.2 trillion, just below the record $1.3 trillion peak, with average investor gains reaching 125%. This substantial profit cushion signals robust market confidence and reduced sell pressure as investors increasingly adopt long-term… Read More »Bitcoin Investors Hold Strong as Unrealized Profits Near $1.2 Trillion