The crypto market recently took a $107 billion hit, with Bitcoin briefly dipping below its key support level of $112,526. This sell-off was triggered by fresh scrutiny from the SEC regarding a major deal involving Alt5 Sigma and Trump’s World Liberty Financial. However, analysts see this turbulence as a potential catalyst for the long-awaited altcoin … Read more
The U.S. Securities and Exchange Commission (SEC) has once again delayed its decisions on several new cryptocurrency exchange-traded fund (ETF) applications, pushing the deadlines to October. The proposals include ETFs for Bitcoin, Ethereum, Solana, and XRP, with filings from major firms like 21Shares, Bitwise, and even Truth Social. This isn’t an unusual move for the … Read more
The Securities and Exchange Commission (SEC) has extended its review period for a proposed Truth Social Bitcoin and Ethereum ETF. The decision, originally due on August 24, has been pushed back to October 8, 2025. According to the SEC, the delay is necessary to give the agency more time to thoroughly review the proposed rule … Read more
Cardano (ADA) has seen a notable price increase of over 17% in a few days, outperforming major cryptocurrencies like Bitcoin and Ethereum. This surge is largely driven by the news of a Grayscale Cardano Trust ETF being registered in Delaware, a development that has captured the attention of institutional investors and traders. An ETF provides … Read more
Digital currencies traded in the red on Monday, with Bitcoin and Ethereum both down. However, the meme coin PUMP saw an even more dramatic decline, losing 15% of its value. This sudden drop followed a massive token transfer by its creator, Pump.fun. On-chain analytics platform Lookonchain reported that Pump.fun sent 2.5 billion PUMP tokens, valued … Read more
Coinbase CEO Brian Armstrong revealed at a recent New York event that the company is heavily focused on developing its “Everything Exchange.” This ambitious project aims to create a comprehensive on-chain trading platform that will integrate a wide range of assets, including stocks and prediction markets, with cryptocurrencies. The goal is to revolutionize global finance … Read more
The crypto market is seeing a major influx of liquidity, with the total stablecoin supply on the Ethereum (ETH) network reaching an all-time high of approximately $130 billion. This surge, which has been trending upward since August 2023, is being driven by several factors, including recent legislative clarity from the U.S. Congress with the passing … Read more
REXShares’ new U.S. Solana ETF (SSK) just had a record-breaking day, attracting $13 million in new capital and reaching $66 million in trading volume. This surge in demand coincides with a 33% rally in SOL’s price after it bounced off a key technical support level. On-chain data confirms that this isn’t just retail excitement; large … Read more
Grayscale Investments has filed a formal application with the U.S. Securities and Exchange Commission (SEC) to convert its Grayscale Dogecoin Trust into an Exchange-Traded Fund (ETF). If approved, the ETF, which would trade on NYSE Arca under the ticker symbol GDOG, would be the first of its kind for Dogecoin. This move aims to provide … Read more
The cryptocurrency market is experiencing some volatility, with Bitcoin (BTC) pulling back and major altcoins like Ethereum (ETH) showing signs of strength. According to a recent Bitcoin Intelligence Report, while BTC has immediate resistance at around $130,000, it has a year-end target of near $200,000. Institutional interest in Ethereum, evidenced by more than $2.9 billion … Read more