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BlackRock Rakes in $260M from Bitcoin and Ether ETFs as Wall Street Floods In

BlackRock Rakes in $260M from Bitcoin and Ether ETFs as Wall Street Floods In

BlackRock’s Bitcoin and Ether ETFs are now bringing in more than $260 million annually, according to figures , head of research at the Onchain Foundation (formerly the Lisk Foundation).In less than two years, BlackRock’s ETFs have earned a quarter-billion dollars, with $218 million from Bitcoin prod…

Ethereum (ETH) Liquidation Frenzy Signals Deeper Crypto Shakeout Ahead

Ethereum (ETH) Liquidation Frenzy Signals Deeper Crypto Shakeout Ahead

In the last 36 hours, the crypto market experienced its most intense deleveraging since 2021, as nearly $3 billion was liquidated across major assets.Ethereum (ETH) led the sell-off after recording roughly $900 million in liquidations, and even surpassed Bitcoin for the first time in months.Ethereum…

Will Bitcoin hit $1.3M by 2035? Bitwise’s Matt Hougan explains his thesis

Will Bitcoin hit $1.3M by 2035? Bitwise’s Matt Hougan explains his thesis

How high can Bitcoin really go? For Matt Hougan, chief investment officer at Bitwise, the answer might surprise even the most optimistic crypto bulls.In an in-depth conversation with Cointelegraph, Hougan laid out his long-term forecast for Bitcoin: $1.3 million per coin by 2035. Far from a wild gue…

Judge denies Justin Sun’s bid to block Bloomberg over crypto holdings

Judge denies Justin Sun’s bid to block Bloomberg over crypto holdings

A US judge has set Tron founder and CEO Justin Sun’s lawsuit against Bloomberg back a peg after denying a temporary restraining order and injunction over publishing information about his cryptocurrency holdings.In a Monday filing in the US District Court for the District of Delaware, Judge Colm Conn…

Why Aren’t Institutions Adopting XRP ‘Massively’? Pundit Answers

Why Aren’t Institutions Adopting XRP ‘Massively’? Pundit Answers

In a new video titled “Why Aren’t Institutions Adopting XRP Massively?,” Jake Claver, founder and CEO of Digital Ascension Group, argues that the absence of headline-grabbing institutional flows into XRP has less to do with the asset’s technical fitness and more to do with regulatory, operational an…

Bitcoin dips entice buyers, but charts warn of BTC price purge to $106K

Bitcoin dips entice buyers, but charts warn of BTC price purge to $106K

Key takeaways: Buying among retail and whale-sized traders helped slow down the BTC price sell-off, but bears still have a good chance of exploiting long liquidations to $106,000. Spot and perpetual futures volumes lack aggression, preventing a lasting trend reversal, and sellers continue to sell in…

Fed's Powell and Bowman stress job market fragility as more rate cuts loom

Fed's Powell and Bowman stress job market fragility as more rate cuts loom

Federal Reserve Chair Jerome Powell on Tuesday reiterated the central bank’s delicate balancing act, stressing that policymakers are trying to navigate between their price stability and employment mandates following last week’s interest rate cut.“Recent data show that the pace of economic growth has…

No, China Is Not Embracing Crypto

No, China Is Not Embracing Crypto

Earlier this year, some reports suggested that China might be changing its tune on crypto due to some cryptocurrency in Hong Kong. However, according to a Tuesday report by Caixin Global, Beijing regulators have ordered local tech and financial firms to scale back their crypto activities. Crypto mir…

FTX Trust sues bitcoin miner Genesis Digital, seeks $1.15 billion over ‘reckless’ Sam Bankman-Fried investment

FTX Trust sues bitcoin miner Genesis Digital, seeks $1.15 billion over ‘reckless’ Sam Bankman-Fried investment

The FTX Recovery Trust sued bitcoin mining firm Genesis Digital Assets Limited in bankruptcy court after they said former FTX CEO Sam Bankman-Fried used commingled funds to invest in the mining company ahead of the exchange's collapse.In a lawsuit filed on Monday in the U.S. Bankruptcy Court for the…

US senator says market structure bill could address crypto ATM scams

US senator says market structure bill could address crypto ATM scams

With members of the US Senate Banking Committee expected to vote on legislation to address digital asset market structure by the end of the month, one of the bill’s proponents has suggested that the chamber’s version could address fraud through cryptocurrency ATMs. In a Monday X post, Wyoming Senato…

Short-Term Bitcoin Holders Are Capitulating — Bullish or Bearish Signal?

Short-Term Bitcoin Holders Are Capitulating — Bullish or Bearish Signal?

The Bitcoin market is currently at a crossroads that could make or mar its price trajectory. A certain cohort of investors is panic-selling, and their activities could either trigger a bounce or even further decline in BTC’s price.On-chain data analyzed by CryptoQuant revealed that Bitcoin short-ter…

Agriculture-tech company switches to bitcoin mining, hopes to last many Scaramuccis

Agriculture-tech company switches to bitcoin mining, hopes to last many Scaramuccis

Anthony Scaramucci and crypto-focused Hivemind Capital are backing a new company that plans to purchase digital tokens issued on the Avalanche blockchain — the first venture of its kind.AgriFORCE Growing Systems, originally an agriculture-tech firm that pivoted into bitcoin mining, announced it will…