Category Archives: crypto

US House passes three key crypto bills; market reaction muted as Bitcoin dips

US House passed all three key crypto bills: the CLARITY Act, GENIUS Act, and Anti-CBDC Surveillance State Act. Despite the “historic” legislative wins, crypto markets remained flat, with Bitcoin down 0.89% to $118,849. The GENIUS Act (stablecoins) is the first major crypto bill to clear both chambers and is now on President Trump’s desk. The […]

BlackRock moves to add staking to Ethereum ETF amid surge in inflows

BlackRock seeks to enable staking in its ETHA fund, aiming to boost returns and efficiency for investors. ETH ETFs see $726M in daily inflows, with BlackRock’s ETHA leading at nearly $500M, amid rising demand. SEC openness to staking ETFs grows, following approval of the first Solana staking fund and increasing industry filings. BlackRock has filed […]

Arthur Hayes-linked wallet bags $2M worth of AAVE and LDO in an OTC deal

An address possibly linked to a BitMEX co-founder has received DeFi tokens worth $2.05 million. The transaction involved 3,033 AAVE and 1.1253 million LIDO. Flowdesk sent the assets, suggesting a potential over-the-counter purchase. The altcoin narrative is gaining steam as Ethereum starts to outperform the markets. ETH, SOL, and XRP surged up to 10% in […]

Ethereum price hits its six-month high on record ETF inflows

The strength in Ethereum has extended to the broader altcoin market. The token had touched an intraday high of $3,463 earlier in the day. The rally came as nine US-listed spot Ethereum ETFs saw their largest combined daily net inflow on record Wednesday. Ethereum rallied sharply over the past 24 hours, breaking above $3,400 for […]

Bitcoin trades near $119K after new all-time high; Coinbase rebrands wallet to ‘Base App’

Bitcoin is holding steady above the $118,800 mark as the market digests its recent powerful rally to a new all-time high of over $122,000. While on-chain data now indicates that the first wave of heavy profit-taking has begun, particularly among short-term holders sitting on significant gains, some analysts believe that historical patterns still suggest room […]

Bitcoin pulls back; AI token sector market cap hits $29.6B

Bitcoin (BTC) is down 1.8% but trades above $117,800 as traders take profits after recent all-time highs. AI-focused crypto tokens jumped 5% overnight as big tech firms like Google and Meta announced massive infrastructure investments. Google plans a $25B data center investment; a Trump-led summit saw over $90B in AI/data pledges unveiled. Bitcoin has taken […]

Ethereum price forecast as SharpLink buys another 5,188 ETH

SharpLink Gaming has acquired an additional 5,188 ETH worth over $15.7 million. The company now holds more than 285,890 ETH as it becomes the largest Ethereum holder. Analysts say ETH could spike above $3,000, with $5,000 as a potential target. SharpLink Gaming’s massive bet on Ethereum has bolstered the top altcoin’s price as bulls hold […]

Bitcoin’s surge to record highs signals potential shift toward stability, says Deutsche Bank

Bitcoin hit a record high above $123,000, with Deutsche Bank noting a rare drop in volatility alongside the rally. Analyst Marion Laboure sees signs of Bitcoin maturing as an asset, supported by regulatory clarity and institutional adoption. Despite a short-term pullback, broader macro and micro factors point to a more stable, long-term trend for Bitcoin. […]

Altcoins today: CROSS, ECHO rally amid trading competition; SharpLink becomes top corporate ETH holder

CROSS and ECHO soar over 50% amid broad market declines. Ongoing Binance Alpha trading competition keeps the tokens afloat. SharpLink becomes the largest Ethereum holder among corporate entities with over 280K ETH assets. Digital currencies displayed weakness on Tuesday as the global cryptocurrency market cap plunged 3% in the past day to $3.69 trillion. While […]

BTC price pulls back after near-$123K high; XRP approaches all-time high resistance at $3.00

Bitcoin cooled off after nearly topping $123K, with analysts saying the rally is in its early phases, not the end. Arca’s CIO noted that current altcoin open interest is “nowhere near” the frothy levels of previous market tops. XRP is trading near $2.91, approaching its all-time high resistance level of around $3.00. Bitcoin pulled back […]

Strategy boosts Bitcoin holdings to $73B amid record-high prices

Strategy bought 4,225 Bitcoin for $472 million, bringing its total holdings to $73 billion. The company raised funds through preferred shares and plans to report a multi-billion-dollar profit next month. Strategy’s stock is up over 3,300% since 2020 as Bitcoin strategy drives its $121 billion market cap. Michael Saylor’s Bitcoin-focused company, Strategy (formerly MicroStrategy Inc.), […]

Stellar (XLM) targets 30% jump as Bitcoin surges past $122.5K on ‘crypto week’

Bitcoin crosses the $122,500 milestone on Monday, bolstering overall market sentiments. Optimism emerges as US lawmakers prepare for crucial crypto votes this week. XLM targets continued uptrends to $0.681 resistance. Bitcoin opened the week on a bullish leg as US regulatory developments propelled prices to historic highs of $122,540 on Monday. BTC’s rally to new […]

Bitcoin hits record high above $120K; US June inflation data awaited

Bitcoin (BTC) surged past $120,000 for the first time, hitting a new all-time high and up 28% year-to-date. The rally follows a 48-hour choppy period that reset short-term overbought indicators. Market focus now shifts to US June inflation data (CPI), expected to show a rise amid Trump’s trade war. Bitcoin has smashed through another psychological […]

Bitcoin and Ethereum ETFs record $3.6B inflows this week

Bitcoin ETFs saw $2.7 billion in weekly inflows, pushing BTC to an all-time high near $119,000. Ethereum ETFs added $908 million, helping ETH climb 17% to a multi-month peak above $3,000. BlackRock’s IBIT and ETHA dominated fund inflows, reflecting strong institutional demand for crypto exposure. Investor appetite for cryptocurrency exposure through exchange-traded funds (ETFs) reached […]

Ethereum races past $3,000 for first time in 5 months amid ETF surge and treasury boost

Ethereum (ETH) surged past $3,000 for the first time in five months, gaining nearly 9% in 24 hours. BlackRock’s ETHA ETF posted record daily inflows of $300.9 million, leading a $383.1 million day for U.S. spot ETH ETFs. SharpLink Gaming purchased 10,000 ETH from the Ethereum Foundation, boosting its treasury to over $550 million. Ethereum […]