Bitcoin’s derivatives market is showing signs of a slowdown as funding rates have dropped significantly, suggesting a decrease in leveraged long positions. This shift is happening alongside growing speculation that the government of Bhutan may be preparing to sell a portion of its substantial Bitcoin reserves. According to Glassnode data, Bitcoin’s perpetual futures funding rates … Read more
BlackRock, a major asset management firm, announced on August 9 that it has no immediate plans to file for a spot XRP or Solana (SOL) ETF. This decision signals the company’s current focus on its existing Bitcoin (BTC) and Ethereum (ETH) ETFs. This stance distinguishes BlackRock from other firms that are actively pursuing altcoin ETF … Read more
In a surprising development, Harvard University has made a substantial investment in the cryptocurrency market. According to recent SEC filings, the university’s endowment invested over $116.6 million into BlackRock’s Bitcoin ETF (IBIT) during the second quarter of 2025. This makes IBIT Harvard’s fifth-largest portfolio holding, a position that places its Bitcoin ETF investment ahead of … Read more
Venture capitalist David Sacks, who holds the informal title of U.S. “Crypto and AI Czar,” is publicly criticizing major banks and wealth platforms for what he calls the “last vestige of debanking.” Sacks is referring to the widespread restrictions that prevent many investors from accessing Bitcoin exchange-traded funds (ETFs). According to data from Tephra Digital, … Read more
Coinbase has launched a new feature that allows its users to trade Base-native tokens directly using their existing balances. This functionality is a result of a strategic integration between the Coinbase App and decentralized exchanges (DEXs) that support these tokens. This new integration provides a significant advantage for developers, as it gives them immediate access … Read more
According to Nate Geraci, President of NovaDius Wealth Management, BlackRock is expected to file for a spot XRP ETF once the legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC) is fully resolved. This move would mark a strategic effort by the firm to expand its cryptocurrency ETF offerings beyond just Bitcoin … Read more
The price of TRON (TRX) has seen a significant boost, rising nearly 20% in the last month to trade at approximately $0.3392. This rally is driven by a massive increase in the use of the TRON network for Tether (USDT) transactions. According to data from CryptoQuant, TRON processed more than 8.29 million USDT transactions in … Read more
Binance has announced the listing of new perpetual contracts for two low-market-cap tokens, YALA and CARV, with leverage up to 50x. This move follows the recent delisting of MEMEFI futures and may signal a new focus for the exchange on smaller, emerging assets. Both tokens saw their value jump by about 9% after the announcement. … Read more
After four consecutive days of net outflows, U.S. spot Bitcoin exchange-traded funds (ETFs) have seen a significant reversal, recording a total of $91.5 million in net inflows on Wednesday. The resurgence was led by BlackRock’s IBIT with $42 million, followed by Bitwise’s BITB with $26.35 million and Grayscale’s GBTC with $14.5 million. This renewed interest … Read more
In a significant move for Japan’s cryptocurrency market, SBI Holdings has submitted an application to the country’s Financial Services Agency (FSA) for two new crypto asset ETFs. The proposed ETFs are designed to provide regulated exposure to XRP, Bitcoin, and gold-backed digital assets. If approved, this would be a landmark development, as these would be … Read more