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On July 21, ARK Invest, an American investment management firm, purchased nearly $4.8 million of shares of BitMine Immersion Technologies Inc. (BMNR). ARK Invest, led by Cathie Wood, bought the BitMine shares for $182 million, aiming to accumulate Ethereum as a core corporate treasury asset. ARK In…
CoinShares, a major European cryptocurrency investment firm, has secured a license under the local regulatory framework, Markets in Crypto-Assets (MiCA).CoinShares received the MiCA license through its French subsidiary, CoinShares Asset Management, the company announced on Wednesday.With the licens…
After trading steadily downward for the first four months of the year, Ethereum has rebounded strongly and is currently up more than 65% over the last 30 days.The reason for this rip is “overwhelming demand” from exchange-traded products and corporate treasuries, said Bitwise chief investment office…
Republican leaders on the US Senate Banking Committee have released their version of legislation for a digital asset market structure, suggesting they may be combining their efforts with a bill passed in the House of Representatives.In a Tuesday notice, four Republican senators, including banking co…
US President Donald Trump’s son Eric Trump took to X on Monday to gloat as Ether (ETH) surpassed $3,800 amid a month-long rally.“How am I doing now @TedPillows?” Trump wrote on Monday, replying to a three-month-old X post from Ted Pillows, a partner at crypto exchange OKX who mocked Trump in April a…
An analyst has explained how Ethereum could be eyeing $10,000 next, if it manages to break past the resistance line of this technical analysis pattern.Ethereum Is Nearing A Retest Of This Resistance LineIn a new post on X, analyst Ali Martinez has talked about how ETH is looking from the perspective…
Bitcoin continues to trade within a tight range, consolidating above the $115,000 level and just below the key psychological barrier at $120,000. While the price structure remains bullish, market analysts are increasingly divided. Some expect Bitcoin to break higher toward uncharted territory, while…
210k Capital, a hedge fund founded by entrepreneur David Bailey, has reportedly posted massive gains from its digital asset holdings after helping persuade US President Donald Trump to adopt a pro-crypto policy stance, highlighting the potential impact of favorable regulation on the digital asset se…
Bitcoin has already shown a lot of strength in recent times, pushing as high as $123,000 before trailing back down toward $117,000. So far, it looks like the digital asset has hit a roadblock and is now possibly looking at a peak. But analyst Merlijn The Trader has explained that it is far from over…
By Bill AlpertThe House of Representatives passed three major cryptocurrency bills on Thursday, capping what President Donald Trump had dubbed "Crypto Week." But it will be a long time before they take effect.The three bills mark important steps toward regulating this evolving medium of exchange and…
Ripple’s XRP made headlines throughout the past few days, charting massive gains day after day and ultimately achieving a new all-time high earlier in the week (it’s debatable but most market participants agree).The popular altcoin managed to take over Tether’s USDT stablecoin for the spot of the th…
Aside from a new all-time high in the Bitcoin market, the last trading week also heralded some altseason shouts as a slight price decline by the premier cryptocurrency coincided with significant price rallies by major altcoins. A popular market analyst with the X username PlanD has weighed in on the…