Ethereum whale nets $9.87M profit as ETH snaps 8-day winning streak

Ether risks a correction to $3,000 as its daily chart flashes overbought signals similar to the setup that triggered a sell-off in May.

Ether risks a correction to $3,000 as its daily chart flashes overbought signals similar to the setup that triggered a sell-off in May.
Harvard Management Co. (HMC) reported a position in BlackRock’s iShares Bitcoin Trust (IBIT) worth $116,666,260. According to a Form 13F filed with the US Securities and Exchange Commission (SEC) on August 8, HMC had 1,906,000 shares of IBIT as of June 30. Based on the values shown on the same page, the Bitcoin allocation represents…
Gemini and Figure are targetting mixed valuations exceeding $6.3 billion for their preliminary public choices (IPO) as digital asset firms capitalize on renewed investor urge for food for public market debuts, Reuters reported on Sept. 2. Blockchain lender Figure Technologies goals to lift as much as $526.3 million at a most valuation of $4.13 billion….
The Solana-based memecoin YZY, promoted by Kanye West (Ye), posted probably the most risky debuts of the 12 months, rocketing to a multi-billion-dollar valuation inside minutes earlier than retracing as on-chain sleuths flagged insider exercise and a contentious liquidity setup. In an X post on Thursday, West shared the contract handle and framed “YZY MONEY”…
Galaxy Analysis has mapped out a concrete “categorical lane” for US crypto ETFs past Bitcoin and Ethereum—and, on its scorecard, XRP holds the cleanest path alongside Solana if the Securities and Change Fee adopts the newly proposed fast-track framework. XRP, SOL Or DOGE: Who Leads The ETF Quick-Observe? The analysis hinges on a trio of…
Do Kwon, the troubled co-founder of Terraform Labs primarily based in Singapore, is going through a potential 12-year jail sentence within the United States resulting from his function within the collapse of the TerraUSD stablecoin, which resulted in important losses throughout the cryptocurrency market. Do Kwon Seeks Reduced Sentence Of Five Years Bloomberg reported that…
In what might quickly be acknowledged because the worst-performing week since November 2022, the market’s main crypto, Bitcoin (BTC), skilled a major downturn on Friday, plummeting to an eight-month low of $80,000. Market analysts recommend that this downturn started in earnest on October 10, when the market first exhibited indicators of a downward trajectory. That…