Skip to content

Crypto News

Brazil Advances Legislation to Add Bitcoin to National Reserves as Strategic Asset

Brazil’s Chamber of Deputies has approved the Strategic Bitcoin Reserve Bill (Projeto de Lei No. 4.501/2024) in its first committee vote, proposing the inclusion of Bitcoin in the country’s sovereign reserves. The landmark legislation positions Bitcoin as a government-held strategic… Read More »Brazil Advances Legislation to Add Bitcoin to National Reserves as Strategic Asset

Invesco Appoints Kathleen Wrynn as Global Head of Digital Assets to Drive Crypto ETF Strategy

Asset management giant Invesco has named Kathleen Wrynn as its new global head of digital assets, marking a strategic expansion into cryptocurrency exchange-traded funds (ETFs). Wrynn will oversee the firm’s $1.6 billion crypto ETF portfolio, bringing blockchain expertise from her… Read More »Invesco Appoints Kathleen Wrynn as Global Head of Digital Assets to Drive Crypto ETF Strategy

Bitcoin ETF Inflows Drop 61% Amid $110K Resistance While Derivatives Signal Bullish Outlook

Spot Bitcoin exchange-traded funds (ETFs) recorded a sharp 61% decline in net inflows, falling to $165 million from the previous $435 million. This slowdown coincided with Bitcoin facing significant price resistance near the $110,000 threshold. BlackRock’s IBIT ETF dominated inflows… Read More »Bitcoin ETF Inflows Drop 61% Amid $110K Resistance While Derivatives Signal Bullish Outlook

Bitwise CEO Predicts Reduced Bitcoin Selling Pressure Above $130K Threshold

Bitwise CEO Hunter Horsley suggests Bitcoin holders may significantly reduce selling activity as prices approach the $130,000 to $150,000 range. This behavioral shift stems from tightening supply conditions and accelerating institutional demand. Horsley indicates that breaching key price thresholds would… Read More »Bitwise CEO Predicts Reduced Bitcoin Selling Pressure Above $130K Threshold

Ethereum Attracts Capital Flight from Solana as DeFi Dominance and Returns Outshine Competitors

Ethereum is experiencing substantial liquidity inflows from Solana, indicating a significant capital rotation within the Layer 1 blockchain sector driven by Ethereum’s superior DeFi infrastructure and market performance. Recent data reveals Ethereum captured 64.52% of all cross-chain bridged liquidity over… Read More »Ethereum Attracts Capital Flight from Solana as DeFi Dominance and Returns Outshine Competitors

U.S. Tariff Revenue Hits Record $23B in May, Covers Only 3% of Spending Amid Ethereum Market Gains

U.S. customs tariff revenue surged to a record $23 billion in May, marking a 270% year-over-year increase driven by new tariff policies implemented in early April. Despite this unprecedented growth, the revenue covered merely 3% of the federal government’s total… Read More »U.S. Tariff Revenue Hits Record $23B in May, Covers Only 3% of Spending Amid Ethereum Market Gains

Ethereum Futures Open Interest Hits Record $20 Billion Amid Rising Leverage

Ethereum futures market open interest has surged to an unprecedented $20 billion, signaling heightened leverage usage and increased trader participation within the cryptocurrency derivatives ecosystem. This milestone reflects a growing preference for cash-margined contracts and stablecoin-backed trading strategies, indicating broader… Read More »Ethereum Futures Open Interest Hits Record $20 Billion Amid Rising Leverage

Bitcoin Retail Sentiment Hits 2:1 Bull-Bear Ratio Amid Price Highs; Institutional Shift Observed

Bitcoin retail investor sentiment has surged dramatically, reaching a 2:1 ratio favoring bullishness over bearishness. This marks the highest level of retail optimism since November 2024, as Bitcoin prices approach its near $112,000 all-time high. However, analysts note that such… Read More »Bitcoin Retail Sentiment Hits 2:1 Bull-Bear Ratio Amid Price Highs; Institutional Shift Observed

Mercurity Fintech Announces $800M Bitcoin Treasury Plan and Russell 2000 Index Target

Mercurity Fintech has revealed plans to establish an $800 million Bitcoin treasury, marking a significant corporate commitment to the cryptocurrency. The fintech firm simultaneously announced its objective to gain inclusion in the Russell 2000 index, a benchmark for small-cap U.S.… Read More »Mercurity Fintech Announces $800M Bitcoin Treasury Plan and Russell 2000 Index Target

Fartcoin and SPX Meme Coins Surge Over 50% Fueled by Exchange Listing Prospects

Fartcoin and SPX meme coins have surged more than 50% in weekly trading, propelled by potential exchange listings and vigorous community engagement. This momentum signals shifting investor interest toward community-driven assets within the cryptocurrency sector. Fartcoin’s price jumped 20% following… Read More »Fartcoin and SPX Meme Coins Surge Over 50% Fueled by Exchange Listing Prospects

Bitcoin On-Chain Metrics Signal Strong Accumulation Amid Macroeconomic Pressures

Bitcoin continues trading just 3% below its all-time high despite facing significant macroeconomic challenges, including persistent core CPI inflation and delayed Federal Reserve rate cuts. On-chain indicators reveal sustained network accumulation and long-term holder confidence, reinforcing bullish sentiment. Net Realized… Read More »Bitcoin On-Chain Metrics Signal Strong Accumulation Amid Macroeconomic Pressures