Bloomberg reported on April 24 that "Nine U.S. ETH spot ETFs surpassed $1 billion in trading volume on their first day of trading in what could be considered a blockbuster debut. However, it's unclear if the box office record can be sustained." "The rationale for the bearish outlook boils down to...
In the wake of US President Joe Biden's surprise withdrawal as the Democratic presidential nominee ahead of the November election, Republican Congresswoman Nancy Meyers has announced that she will introduce a 25th Amendment resolution, X reports. "If President Biden does not have the cognitive...
"German government misjudges BTC potential, fails to secure $124 million in extra revenue," Cointelegraph reports. The German government recently sold a total of 49,858 BTC, realizing a profit of €2.6 billion ($3.92 trillion). However, since the German government sold all of its BTC, the price of...
"The U.S. Securities and Exchange Commission (SEC) has approved 19b-4 (trading rule change) filings for the Grayscale Ethereum Mini Trust and ProShares Ethereum ETF," Bloomberg ETF analyst James Seifat reported via X. "The SEC has approved the Grayscale Ethereum Mini Trust and ProShares Ethereum...
Crypto-friendly Canadian billionaire entrepreneur Mark Cuban told X that if Trump wins the presidential election, his tariffs and tax cuts will cause inflation, which, coupled with global uncertainty over the US geopolitical role, is ripe for BTC to rise. "It's important to remember that BTC is a...
The most popular narratives in Q2 based on traffic to the CoinGecko website were Memecoin, RWA (real-world assets), AI, Solana Memecoin, Solana Ecosystem, Base Ecosystem, and Base Memecoin.
Federal Reserve (Fed) Chairman Jerome Powell told the Economic Club of Washington DC that he has no plans to leave before his term expires in May 2026, according to Reuters. I will serve out my full term as chairman." "It's a very sad day for our country," he said, referring to the shooting of...
The price of cryptocurrencies, including Bitcoin, is on the rise. Bitcoin is up more than 5%, passing the $64.5K mark. Cryptocurrency data provider Alternative's self-estimated "Fear-Greed Index" rose to 65, up 13 points from the previous day. The index moved from neutral to greedy as sentiment...
The whale address known as "Mr. 100" (starting with 1Ay8v) bought an additional 402 BTC over the weekend, according to BitInfoChart data. His current holdings are around 71,283.24 BTC (worth $4.34 billion). It has been claimed that the whale is a Middle Eastern billionaire, Ubit Cold Wallet, but...
The cryptocurrency market is recovering quickly. Bitcoin has surged past the $60,000 mark to $61,000. Ethereum and other major altcoins have also rallied. On Friday, Bitcoin (BTC) was trading at $61,178, up 2.76% from a day earlier. Bitcoin's market share remained at 52%. Major altcoins also saw...
Despite long-term holders increasing their holdings at a rapid pace, several on-chain indicators are pointing to further declines, a market-savvy analyst reported. According to the report, the BTC P&L is hovering near the 365-day moving average (MA) and a break below the MA could lead to a...
According to data from blockchain analytics firm ARKM, an alleged German government address withdrew a total of 710 BTC from Kraken in two separate transfers six hours ago, and also received a total of 408 BTC from multiple anonymous addresses around the same time. It is unclear if the sales have...
