Bitcoin faces renewed selling pressure as its price retreats towards crucial technical support zones. After failing to sustain momentum above the $109,000 resistance level, Bitcoin descended to trade around $105,250. Analysts warn this moves the cryptocurrency closer to testing foundational… Read More »Bitcoin Tests Key Support Levels Amid Market Uncertainty
The U.S. Securities and Exchange Commission (SEC) may eliminate the 19b-4 rule-change requirement for cryptocurrency exchange-traded funds (ETFs), potentially reducing Bitcoin ETF approval times to approximately 75 days. This strategic shift aims to streamline market entry for token-based investment products.… Read More »SEC Considers Eliminating 19b-4 Rule to Accelerate Bitcoin ETF Approvals
Bitcoin accounted for 83% of total cryptocurrency fund inflows this week with $2.2 billion, dominating the $2.7 billion total investment flow despite lingering regulatory uncertainties. This substantial capital movement reflects renewed institutional confidence through U.S.-based ETF issuers. Ethereum attracted $429… Read More »Bitcoin Dominates Crypto Fund Inflows with $2.2 Billion as U.S. ETFs Drive Institutional Demand
Financial technology firm Spiko has integrated Chainlink Cross-Chain Interoperability Protocol (CCIP) to enable multichain access to its regulated tokenized money market funds. The integration provides seamless connectivity for the Spiko Tokenized Bonds Luxembourg (EUTBL) and Spiko Tokenized U.S. Treasury Bonds… Read More »Spiko Integrates Chainlink CCIP for Cross-Chain Access to Regulated Tokenized Funds
Connecticut Governor Ned Lamont has signed legislation prohibiting the state from accepting cryptocurrency as official reserves or for payments. The law, known as House Bill 7082, explicitly forbids the Connecticut government and its agencies from holding virtual currencies as state… Read More »Connecticut Signs Law Banning State Use of Crypto Reserves and Payments
DeFi Development has announced plans to raise $100 million through convertible notes due in 2030. The capital will be used exclusively to acquire Solana, a high-performance blockchain platform known for its scalability and decentralized applications ecosystem. The convertible notes represent… Read More »DeFi Development Seeks $100 Million Convertible Note Offering to Acquire Solana Blockchain
Ethereum exchange-traded funds (ETFs) have recorded seven consecutive weeks of net inflows amounting to 106,000 ETH, signaling renewed institutional confidence in Ethereum’s long-term growth potential despite market volatility. This accumulation marks a significant reversal from earlier outflows of nearly 100,000… Read More »Institutional Investors Drive Seven Weeks of Ethereum ETF Inflows Totalling 106,000 ETH
The xStocks platform on the Solana blockchain now facilitates continuous trading of tokenized shares representing major companies including Nvidia and Tesla. Each tokenized equity is backed by a 1:1 reserve of real-world assets, merging traditional stock markets with decentralized finance… Read More »Solana’s xStocks Enables 24/7 Trading of Tokenized Nvidia and Tesla Shares
Bitcoin remains range-bound between $100,000 and $110,000, a price consolidation influenced significantly by profit-taking activity among mid-to-long-term holders. Significant realized profits were recorded from coins held for 3–5 years ($849 million) and 7–10 years ($485 million). Daily realized profits peaked… Read More »Bitcoin Consolidates Amid Holder Profit-Taking With Bullish Signs Emerge for July
Cryptocurrency investment powerhouse Hyper has secured a substantial profit of $18.42 million following the closure of its Ethereum (ETH) long positions. This significant move represents one of the largest single realized profits recently disclosed. The closure of these long positions… Read More »Hyper Nets $18.42M Profit from Ethereum Long Position Closure, Signals Strategy Shift
The U.S. Securities and Exchange Commission (SEC) approved Grayscale Investments’ GDLC spot cryptocurrency exchange-traded fund (ETF), representing a major policy shift through its inclusion of multiple digital assets beyond single-token offerings. The GDLC fund holds Bitcoin (BTC), Ethereum (ETH), Cardano… Read More »SEC Greenlights Grayscale’s Multi-Asset Crypto ETF While Proposing Sweeping Regulatory Reforms
Investment firm Hyper has established a $10.76 million long position in Ethereum (ETH), demonstrating strong conviction in the cryptocurrency’s liquidity capabilities and future market potential. This strategic exposure reflects Hyper’s assessment of favorable price dynamics for Ethereum alongside significant institutional-grade… Read More »Hyper Builds $10.76M Ethereum Long Position Signaling Market Confidence
The U.S. Securities and Exchange Commission (SEC) has granted approval for Grayscale’s GDLC Fund to transition from an over-the-counter (OTC) investment vehicle into a fully regulated exchange-traded fund (ETF). The newly approved GDLC ETF will trade on the NYSE Arca… Read More »SEC Approves Grayscale GDLC Fund Conversion to Regulated ETF on NYSE Arca
South Korea has initiated a collaboration with the Avalanche blockchain to develop a won-backed stablecoin and overhaul national payment systems, aligning with its fintech advancement goals. The partnership leverages Avalanche technology to automate financial processes through Travel Wallet, enhancing transaction… Read More »South Korea Partners with Avalanche to Develop Won-Backed Stablecoin and Modernize Payments
The U.S. Securities and Exchange Commission (SEC) is developing a universal listing standard for cryptocurrency exchange-traded funds (ETFs) aimed at accelerating approval timelines and boosting market liquidity. This move signals a potential transformation in regulatory oversight for crypto-based investment vehicles.… Read More »SEC Advances Universal Listing Standard for Crypto ETFs to Streamline Regulatory Process
DDC Enterprise Limited, a publicly traded company on NYSE American, has secured $528 million through private equity financing from investors including Anson Funds, Animoca Brands, and Kenetic Capital. The funding supports the company’s initiative to acquire 5,000 Bitcoin over a… Read More »DDC Enterprise Raises $528 Million for Strategic Bitcoin Acquisition Plan
Smarter Web Company (SWC) has substantially increased its Bitcoin reserves by acquiring 230.05 BTC at an average price of $107,126 per coin. This strategic investment elevates SWC’s total Bitcoin holdings to 773.58 BTC. The acquisition underscores SWC’s commitment to leveraging… Read More »Smarter Web Company Expands Bitcoin Treasury Holdings to 773.58 BTC in Major Acquisition
Botanix has officially launched its Bitcoin Layer 2 mainnet featuring the innovative Spiderchain architecture, marking a significant advancement in unlocking Bitcoin’s potential for decentralized finance and broader utility. The architecture employs a decentralized federation of 16 node operators to eliminate… Read More »Botanix Launches Bitcoin Layer 2 Mainnet with Spiderchain Architecture to Enable DeFi Expansion
Lido DAO has unveiled a proposal to implement a dual governance model aimed at strengthening the security of Ethereum staking protocols. The framework introduces stETH holders as a secondary governance layer alongside LDO token holders, granting them veto power over… Read More »Lido DAO Proposes Dual Governance Model to Enhance Ethereum Staking Security
Swiss financial institution Swissquote has been directed by the Swiss Financial Market Supervisory Authority (FINMA) to enhance security protocols for its crypto platform, Yuh, following an increase in AI-powered phishing and impersonation attempts targeting users. The cryptocurrency sector globally continues… Read More »Swissquote Ordered to Strengthen Yuh Security Amid Rising AI-Driven Phishing Threats