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The Solana Policy Institute, a nonprofit Solana advocacy group, has pledged $500,000 toward the legal defense of Tornado Cash co-founders Roman Storm and Alexey Pertsev, adding to growing financial support from the crypto community.Storm was found guilty of operating an unlicensed money-transmittingâŚ
Key takeaways:A bullish pattern on the ETH chart predicts a rally to $10,000, with $5,000 as the critical resistance level. Analysts stress that short-term volatility may precede ETHâs multi-year bullish expansion phase.A rally to $5,100 could trigger $5 billion in short position liquidations. EtherâŚ
Today in crypto, the US Commodity Futures Trading Commission opened a pathway for offshore exchanges to legally serve American clients. Kanye Westâs YZY token collapsed over 80% after launch, wiping out $74 million for 51,000 traders. Spot Ether ETFs, meanwhile, extended their streak of outperforminâŚ
Key takeaways:Bitcoin miners sold $485 million worth of BTC during a 12-day period ending Aug. 23.Despite miners selling, Bitcoinâs network hashrate and fundamentals remain resilient.Bitcoin (BTC) reclaimed the $112,000 mark on Thursday, recovering from a six-week low hit just two days prior. DespitâŚ
El Salvador President Nayib Bukele called attention to prediction markets amid increasing bets that the countryâs Bitcoin holdings will hit $1 billion by year-end.Bukele took to X on Wednesday to tweet about Kalshiâs prediction market, which shows increasing betting activity on El Salvadorâs BitcoinâŚ
Spot Ether exchange-traded funds are selling like hot cakes in the US, attracting more than 10 times the inflows of their spot Bitcoin counterparts over the past five trading days. Since Aug. 21, spot Ether ETFs have seen a whopping $1.83 billion in inflows, while Bitcoin funds took only a 10th of tâŚ
Jan van Eck, the CEO of investment management firm VanEck, speculated that Ethereum will be the clear âwinnerâ among blockchains as banks prepare for a flood of stablecoins. During an interview with Fox News Business on Wednesday, van Eck said banks and financial services will have to adopt a blockcâŚ
Cathie Woodâs ARK Invest bought another $15.6 million of shares in Bitmine Immersion Technologies (BMNR), bringing its total investment in the company to more than $300 million.ARK Invest bought the shares on Wednesday across its three funds, with ARK Innovation ETF (ARKK) buying 227,569 shares, folâŚ
The Trump administration is considering at least 11 candidates to replace Jerome Powell when his term as Federal Reserve chair expires in May. At least three of them have taken positive stances toward crypto. Treasury Secretary Scott Bessent told Fox News on Wednesday that there are 11 âvery strong âŚ
Key takeaways:Bullish strategies dominate the $5 billion Ether options expiry, giving traders an advantage if prices rise.Neutral-to-bearish strategies mostly failed below $4,600, leaving traders exposed as Ether rallied in August.The $5 billion Ether (ETH) options expiry on Friday might mark a turnâŚ
Shares in the Healthcare company KindlyMD dropped on Tuesday after it announced a $5 billion at-the-market equity offering program to raise funds to increase its Bitcoin holdings. The healthcare services company, which recently merged with Nakamoto Holdings and adopted a Bitcoin (BTC) treasury stratâŚ
Bitcoinâs market cycles are not anchored around its halving events as widely believed, according to analyst James Check, who said other factors drive bull and bear cycles.âIn my opinion, Bitcoin has experienced three cycles, and they are not anchored around the halvings,â Check said on Wednesday, reâŚ