šŸ” Market Summary

Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends. ... Read full Market Summary

Binance launches concierge crypto service for wealth managers, family offices

Binance launches concierge crypto service for wealth managers, family offices

Binance has launched a concierge-style service designed for family offices, asset managers, and private funds taking their first steps into the crypto space.According to the exchange on Wednesday, the new service offers personalized onboarding with dedicated managers, support for over 100 fiat curre…

U.S. SEC Issues a No-action Letter to Fuse Crypto Amid Stalling Clarity Act

U.S. SEC Issues a No-action Letter to Fuse Crypto Amid Stalling Clarity Act

The United States Securities and Exchange Commission will not press charges against Fuse Energy. The SEC’s Division of Corporation Finance announced on Monday that it will not recommend enforcement action to the commission regarding its native token saleĀ Why the SEC Issued a No-action Letter to Fuse…

HBAR Price Pumps on Strong ETF Inflows, But Technical Risks Still Loom

HBAR Price Pumps on Strong ETF Inflows, But Technical Risks Still Loom

Hedera (HBAR) is kicking off the week with a strong burst of momentum, climbing more than 5% in the past 24 hours to trade around $0.14.Related Reading: Will The Low XRP Price Force Ripple To Dump Its Holdings? Exec Answers CommunityThe wider crypto market is finally flashing green, but the HBAR pri…

The Daily: BlackRock’s bitcoin ETF posts record outflows, derivatives market forming ā€˜dangerous’ setup, and more

The Daily: BlackRock’s bitcoin ETF posts record outflows, derivatives market forming ā€˜dangerous’ setup, and more

The following article is adapted from The Block’s newsletter,Ā The Daily, which comes out on weekday afternoons.Happy Wednesday! Bitcoin has slipped back below $90,000 again as retail capitulation deepens and traders rush for downside hedges, with analysts warning the market sits in a fragile reset p…

21shares Solana ETF launches amid crash, but flows signal investor interest

21shares Solana ETF launches amid crash, but flows signal investor interest

Exchange-traded product (ETP) provider 21shares launched its Solana exchange-traded fund (ETF) on Wednesday, marking the fifth SOL ETF offering in the US.The fund holds spot SOL and will stake its holdings to secure the blockchain network and reap rewards, according to an announcement from 21shares…

Michael Saylor Slams 47,000 BTC Sale Rumor, Teases ā€œPleasantly Surprisingā€ New Buys

Michael Saylor Slams 47,000 BTC Sale Rumor, Teases ā€œPleasantly Surprisingā€ New Buys

Michael Saylor moved quickly on Friday to stamp out fresh speculation that his Bitcoin acquisition vehicle, Strategy, had quietly sold tens of thousands of coins during this week’s market downturn. The executive chair the claims ā€œfalseā€ and insisted the company is still accumulating Bitcoin despite …

Bitcoin's Fall Is Denting the Trumps' Wealth — Barrons.com

Bitcoin's Fall Is Denting the Trumps' Wealth — Barrons.com

By Joe LightWith the digital assets market faltering, so is the wealth that President Donald Trump's family has won from cryptocurrencies.Crypto-tied stocks and tokens owned by the president and his family have plummeted in the past month as Bitcoin dropped from its Oct. 5 high of $126,272. The Trum…

Ban on rewards tied to stablecoin payments is un-American: Coinbase

Ban on rewards tied to stablecoin payments is un-American: Coinbase

Crypto exchange Coinbase has slammed US banking groups for asking regulators to ban merchant rewards, cashbacks and discounts offered to customers who pay with stablecoins, calling the request ā€œunamerican.ā€The clash relates to the statutory language of the GENIUS Act, which prohibits stablecoin issu…

Asset manager Grayscale files for US IPO

Asset manager Grayscale files for US IPO

Grayscale Investments, an asset management company specializing in digital asset investments, has filed a registration statement as part of the process for going public on US markets.In a Thursday filing with the US Securities and Exchange Commission, Grayscale said it intended to list shares of its…

Canary Capital seeks regulator’s approval for an ETF tracking MOG

Canary Capital seeks regulator’s approval for an ETF tracking MOG

Canary Capital is looking for the Securities and Exchange Commission's nod for an exchange-traded fund tracking the price of the lesser-known memecoin called MOG Coin.Ā The investment firm filed a registration statement on Wednesday for the Canary MOG ETF.Ā "The Trust’s investment objective is to seek…

Big Day for XRP Coming, Shiba Inu (SHIB) Gains Utility in $2 Trillion Market, Scam Alert from Binance’s CZ — Crypto News Digest

Big Day for XRP Coming, Shiba Inu (SHIB) Gains Utility in $2 Trillion Market, Scam Alert from Binance’s CZ — Crypto News Digest

Canary Capital's XRP ETF to launch this weekThe first spot XRP ETFĀ is on track to be launched this week.Big day for XRP. Canary Capital’s spot XRP ETF will likely debut as early as Thursday.Eric Balchunas, Bloomberg's chief ETF expert, claims that Canary Capital's spot XRP exchange-traded fund could…

Bipartisan Senate bill proposes shifting crypto oversight from SEC to CFTC, crypto support

Bipartisan Senate bill proposes shifting crypto oversight from SEC to CFTC, crypto support

Bipartisan Senate bill seeks to shift crypto oversight from SEC to CFTCBloomberg carried the report, in summary:Two U.S. senators unveiled a bipartisan draft bill that would transfer primary oversight of the cryptocurrency industry from the Securities and Exchange Commission (SEC) to the Commodity F…