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Key points:Bitcoin made a decisive break above $106,000, setting the stage for a possible retest of the all-time high at $111,980.Most major altcoins remain in a range, but HYPE has resumed its uptrend.Bitcoin started the week on a bullish note, rising above $107,500. Although the price is trading …
Ethereum is trading at a critical juncture after intense volatility rocked the broader market following renewed conflict in the Middle East. After pushing above the $2,800 resistance earlier this week, ETH bulls appeared to regain control. However, the price action failed to hold above that level, p…
Ethereum , the second-largest cryptocurrency by market capitalization, has all chances to join the club of global macro assets and hit an almost $100 trillion capitalization. A new report by Etherealize indicates that ETH demonstrates some functions of digital oil, digital gold and the ultimate coll…
According to on-chain analytics platform Santiment, Ethereum large holders continue to accumulate even as retail confidence wanes following the recent market dip.Crypto prices plunged Friday, with major altcoins taking significant hits and liquidations surpassing $1 billion. At one point, Ethereum f…
With investor demand seemingly on the rise, the Ethereum price looked set to cross the psychological $3,000 level over the past week. However, this dream hit a major stumbling block after geopolitical tensions quickly escalated in the late hours of Thursday, June 13.It didn’t take much time for Isra…
Seven asset managers revised their applications to launch Solana-based exchange-traded funds (ETFs), submitting amended filings to the US Securities and Exchange Commission (SEC) on June 13.Bloomberg ETF analyst James Seyffart reported that the firms include Fidelity, Franklin Templeton, 21Shares, G…
Key takeaways:Rising spot ETH ETF inflows and BlackRock’s accumulation signal strong institutional investor interest, supporting a bullish outlook.A dip to $2,100 could be a strategic entry point, bolstered by tokenized AUM surpassing $5 billion and a potential Q4 breakout driven by year-end strateg…
What percentage of Bitcoin is owned by BlackRock? BlackRock’s entry into the Bitcoin market through the iShares Bitcoin Trust (IBIT) has marked a new era in institutional Bitcoin accumulation.Since its launch on Jan. 11, 2024, IBIT has grown at a pace that few expected, and no other ETF has matche…
Bitcoin’s institutional narrative looks to be back on track, with spot BTC ETFs attracting more than $1 billion in fresh capital against a backdrop of significant market upheavals triggered by Middle East tensions.On-chain data shows a four-day inflow streak into U.S. spot Bitcoin ETFs, decisively r…
Sports betting platform SharpLink Gaming has acquired 176,271 Ether for $463 million, becoming the world’s largest publicly traded holder of ETH.In a Friday announcement, the Nasdaq-listed company said the Ether acquisition was funded through a combination of private placement and at-the-market equ…
Shares in sports betting platform Sharplink Gaming tumbled 73% in after-hours trading on Thursday after filing to register a large volume of shares for potential resale as the firm is soon to bet big on Ether.However, Sharplink Gaming chairman Joseph Lubin, who is also CEO of blockchain software fir…
Ethereum is at a critical juncture after breaking above key resistance but failing to sustain momentum toward the psychological $3,000 level. The recent surge brought optimism to the market, yet ETH has now pulled back slightly, struggling to extend gains as global uncertainty weighs on sentiment. W…