Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.
StablecoinX (USDE) shares jumped more than 12% in early trading Friday after the newly public Ethena-focused treasury company reported its first quarterly results, revealing it held roughly 20% of the total ENA supply.The company holds approximately 3 billion ENA valued at more than $250 million at …
A $116 million hardware wallet exploit has reopened one of Bitcoin’s oldest debates: Is holding your own keys worth the risk? Days later, US spot Bitcoin ETFs recorded their strongest inflows since April, prompting Bloomberg analyst Eric Balchunas to wonder whether security scares could eventually p…
Morgan Stanley and JPMorgan increased their exposure to in the second quarter, with both banks adding to their Bitcoin and Ethereum positions despite a volatile period for digital assets, according to SEC filings.Morgan Stanley raised its holdings of BlackRock’s iShares Bitcoin Trust ETF ) by 23% to…
By Vicky Ge HuangCrypto exchange Gemini Space Station said on Thursday that its second-quarter losses narrowed from a year ago, driven by more nontrading-related revenue and cost reductions from recent restructuring.The company, led by Cameron and Tyler Winklevoss, said total revenue for the three m…
Bullish shares jumped around 13% in early trading Thursday after the institutional-focused crypto exchange and CoinDesk owner reported a 62% year-over-year increase in second-quarter adjusted revenue and more than tripled its adjusted EBITDA.Bullish reported $92.6 million in adjusted revenue for the…
XRP is seeing growing whale accumulation, surging network activity and rising derivatives leverage despite underwhelming price performance.Whales Countering Selling Pressure?In an X post on Aug. 11, Santiment data showed that the number of XRP Ledger wallets holding at least 1 million XRP has incre…
The recent revival in Solana meme coins comes after activity around Pump.fun, the blockchain’s leading meme coin launchpad, collapsed earlier this year as traders shifted toward other parts of the market. In June, its seven-day graduation rate fell to about 0.26%, an 80% decline over three months, w…
Bitcoin held steady as to 3.4% year-over-year from 3.5% in June.CryptocurrencyTickerPriceBitcoin$63,311Ethereum$1,882Solana$75.74XRP$1.01Dogecoin(CRYPTO: DOGE)$0.07075Shiba Inu(CRYPTO: SHIB)$0.05447Notable Statistics:Coinglass data shows 70,067 traders were liquidated in the past 24 hours for $155.…
The Commodity Futures Trading Commission has charged Goliath Ventures Inc. and its CEO, Florida resident Christopher Delgado, with running a Ponzi scheme built on fraudulent solicitations for bitcoin and ether trading.The complaint was filed in the U.S. District Court for the Middle District of Flor…
11:32 ET--Bitcoin ETFs have posted five straight days of inflows, but that streak was snapped Monday with an outflow of $144.6 million reported, according to data from CoinGlass. Bitcoin ETFs have seen a streak of inflows since late July, with those inflows halting a streak of outflows that dated ba…
Solana may find itself under pressure in the near-term from the unstaking of more than 200,000 SOL from wallets owned by Alameda Research, the now-defunct cryptocurrency-trading arm of the extinct exchange FTX. Crypto firm Onchain Lens reported that the withdrawal of the unstaked solana is worth ove…
CeDeFi platform Grvt is partnering with tokenization firm Ondo Finance to build a $100 million position in Ondo’s USDY over the next year.As part of the plan, Grvt (pronounced “gravity”) will integrate the yield-bearing asset into Grvt Earn, allowing the platform to hold and manage USDY on its balan…