The Pandy Bitcoin ETF (2818) commenced trading on the Hong Kong Stock Exchange, registering a significant intraday surge of over 13% during its first trading session. The fund closed at 7.98 Hong Kong dollars (HKD) with a daily gain of… Read More »Pandy Bitcoin ETF Debuts on Hong Kong Exchange with Strong Intraday Surge
Shiba Inu (SHIB) recorded a 0.43% price decline over the past 24 hours, signaling renewed bearish momentum in its market trajectory. The downturn highlights persistent resistance near the $0.00001534 level, with technical indicators pointing toward potential market consolidation. Current analysis… Read More »Shiba Inu Faces Bearish Pressure as SHIB/USD Tests Key Resistance Levels
Prominent crypto investment figure Pan Du has unveiled intentions to launch a pledged Ethereum (ETH) exchange-traded fund (ETF) in Hong Kong. The proposed ETF is specifically designed to meet institutional investor demand for more diversified exposure within the cryptocurrency asset… Read More »Pan Du Announces Plans for Pledged Ethereum ETF in Hong Kong
Significant cryptocurrency legislation is progressing through the US Congress, targeting critical regulatory gaps. Three distinct bills aim to establish frameworks for stablecoins, redefine digital asset oversight, and restrict the issuance of central bank digital currencies. The proposed GENIUS Act seeks… Read More »Key US Cryptocurrency Bills Advance in Congress Tackling Stablecoins, CBDC, and Asset Classification
XRP is currently experiencing a corrective phase as its price tests crucial support thresholds amid broader cryptocurrency market weakness. The digital asset’s USD pairing has declined approximately 1.17% over the past day while evaluating the pivotal support level at $3.4115.… Read More »XRP Tests Key Support Levels Amid Market Correction
Ethereum’s price action has turned bearish in the short term, declining 1.66% over the past 24 hours after an unsuccessful attempt to breach the critical $3,600 resistance level. This failed breakout highlights bearish pressure and suggests a period of consolidation… Read More »Ethereum Faces Resistance at $3,600, Potential for Sideways Consolidation Ahead
Cryptocurrency firm Pan Du has entered discussions with Hong Kong regulators concerning the launch of a pledged spot Ethereum exchange-traded fund (ETF). The proposed ETF aims to offer investors regulated exposure to Ethereum’s market movements. Pan Du plans for the… Read More »Pan Du Discusses Launching Pledged Spot Ethereum ETF with Hong Kong Regulators
Bitcoin’s sustained trading near the $123,000 level is catalyzing capital rotation into Ethereum and broader altcoin markets, with Ethereum emerging as the primary beneficiary of shifting investor allocations. Market analysts observe that Bitcoin’s resilience provides a stable foundation for altcoin… Read More »Bitcoin Stability Fuels Capital Rotation into Ethereum and Altcoins
The cryptocurrency market anticipates heightened volatility as Crypto Week culminates with Federal Reserve Chair Jerome Powell’s upcoming congressional testimony. Industry participants seek signals for future monetary policy direction and clarity on evolving digital asset regulatory frameworks that could reshape market… Read More »Crypto Market Awaits Powell Testimony Amid Regulatory Shifts; BTC Digital Raises $6M for Ethereum Pivot
Ether (ETH) is undergoing a historic short squeeze that analysts warn could propel prices toward $4,000, putting roughly $1 billion worth of short positions at risk of liquidation. This rapid appreciation coincides with declining Bitcoin market dominance and heightened investor… Read More »Ether Faces Historic Short Squeeze Amid Altcoin Surge, Threatening $1 Billion in Liquidations
Financial services giant Charles Schwab has unveiled plans to introduce spot Bitcoin and Ethereum trading through exchange-traded products (ETPs), enabling clients to manage cryptocurrency investments alongside traditional assets within a single trusted platform. This strategic expansion positions Schwab to directly… Read More »Charles Schwab to Enter Spot Crypto Trading Market with Bitcoin and Ethereum Products
Bitcoin demonstrated remarkable stability with prices consolidating near the $118,000 level, contrasting sharply with significant losses across the altcoin market. Curve DAO Token (CRV) spearheaded the downturn, plummeting nearly 10% to $0.9520 as traders locked in profits following its recent… Read More »Bitcoin Holds Near $118K Amid Altcoin Meltdown; CRV Leads 10% Decline
A cryptocurrency trader holds significant unrealized profits from an Ethereum short position while facing substantial losses on a Bitcoin short, showcasing divergent market movements. The Ethereum short position has generated over $1.5 million in unrealized gains at 15x leverage. With… Read More »Trader Nets $1.5M ETH Short Gain Amid $350K BTC Short Loss
WLFI governance tokens have transitioned from non-transferable status to fully tradable assets, potentially boosting user engagement and funding opportunities for the project. Despite reduced holdings from previous levels, the Trump family retains a dominant 40% stake in WLFI tokens, exerting… Read More »WLFI Token Unlock Sparks Governance Concerns Amid Concentrated Ownership
Bitcoin faces significant liquidation risks as it approaches the critical $120,000 price level. Should the cryptocurrency surpass this threshold, it could trigger approximately $1.503 billion in short position liquidations across major cryptocurrency exchanges. Conversely, a price drop below $116,000 poses… Read More »Bitcoin Near Critical $120K Threshold with $1.5 Billion Liquidation Risk
The Shiba Inu (SHIB) ecosystem recorded a massive single-day token burn exceeding 100 million SHIB tokens recently, highlighting volatile activity within its deflationary strategy. Specifically, 100,530,829 SHIB tokens were burned in the observed 24-hour period. A single transaction accounted for… Read More »SHIB Daily Token Burn Surpasses 100 Million as Weekly Rates Plunge, Marketing Lead Warns Against Distractions
Ethereum (ETH) struggles to maintain upward momentum, encountering significant price resistance despite recently enacted legislation designed to bolster cryptocurrency regulation. The digital asset currently demonstrates heightened volatility, trading between $3,570-$3,690 after rallying from $3,000. Global trade tensions intensified as US… Read More »ETH Faces Price Resistance Amid Trade Tensions Despite Crypto Regulatory Boost
The ongoing claims process for creditors impacted by the collapse of FTX’s Bahamas-based entities may now fall under the scrutiny of regulatory bodies in the United Kingdom and the European Union. Legal experts suggest that claimants could be subject to… Read More »Regulatory Oversight Looms for FTX Bahamas Claims Process
Binance has officially included ESPORTS in its alpha projects initiative, according to an announcement disseminated through the exchange’s dedicated cryptocurrency news Telegram channel. The platform regularly shares critical market updates with subscribers, covering major assets like Bitcoin alongside emerging projects.… Read More »Binance Adds ESPORTS to Alpha Projects List via Official Telegram Announcement
Prominent market participant James Wynn has substantially expanded his Bitcoin (BTC) short position to $32.35 million following latest market developments. This strategic move signifies Wynn’s intensified bearish outlook regarding Bitcoin’s short-term price performance and likely reflects anticipation of downward price… Read More »James Wynn Amplifies Bitcoin Short Position to $32.35 Million