Wells Fargo has significantly expanded its exposure to BlackRock’s Bitcoin ETF, IBIT, more than quadrupling its holdings in the second quarter (Q2) of 2025. The move comes as sovereign wealth funds in Abu Dhabi maintain some of the largest institutional Bitcoin ETF positions in the world. Wells Fargo’s $160 Million Bet Marks Aggressive Push Into…
OVERTAKE’s CEO on why game asset trading must evolve — faster, safer, and in service of the player-owned economy.For years, gamers have generated immense wealth within virtual worlds, collecting rare skins, grinding for loot and trading in-game currencies. Despite all that activity, they have had little real control over what they earn. Most items remain…
Ethereum corrected by over 2% in the past 24 hours, briefly dipping below $4,500 before rebounding to trade above $4,600. The drop came amid a broader crypto market slide that erased over $240 billion in value and triggered nearly $1 billion in liquidations. Yet, despite the heavy selling pressure, Ethereum’s on-chain and technical signals suggest…
New York Assembly Member Phil Steck has introduced legislation imposing a 0.2% excise tax on all digital asset transactions, including crypto and NFT sales or transfers. According to the bill filing, the proceeds will be earmarked for expanding substance abuse prevention programs in upstate schools. Source: NYAssembly State Revenue Generation Targets Growing Digital Asset Sector…
An anonymous whale has acquired $792 million worth of Bitcoin following a brutal liquidation event that wiped out $1.05 billion in leveraged positions after unexpectedly high US inflation data triggered widespread market selloffs. The massive purchase occurred as Bitcoin retreated from its new all-time high of $124,457 to current levels around $119,000. The acquisition also…
Bitcoin is trading at $119,040, staging a modest rebound after slipping from the $123,236 resistance earlier this week. On the 4-hour chart, price remains within a broad ascending channel that has guided its uptrend since early August. The 50-SMA at $118,753 is acting as dynamic support, repeatedly halting intraday pullbacks, while the 0.236 Fibonacci retracement…
A morning soundbite from Treasury Secretary Scott Bessent briefly rattled Bitcoin and crypto markets on Thursday before a late-day clarification restored the policy baseline: the United States won’t be sellers, and “budget-neutral” options to grow the country’s bitcoin stockpile remain on the table. Senator Cynthia Lummis swiftly framed the endpoint. “America needs the BITCOIN Act,”…
As cryptocurrency assets continue to gain mainstream adoption, Sunny Mining has officially launched its new mobile cloud mining application, declaring it is now possible to “put mining in your pocket.” The app aims to offer users worldwide a more convenient and eco-friendly path to passive income. This article will walk you through the highlights and…
Thật dễ để xem nhẹ memecoin – những loại tiền điện tử gắn liền với xu hướng trên Internet nhưng gần như không có mục đích cơ bản – và coi chúng là hình thức “đánh bạc” tồi tệ nhất trong thế giới crypto. Tuy nhiên, theo Olaf Carlson-Wee, nhà sáng lập một trong những…
XRP has yet to put in a major pump after the conclusion of Ripple’s legal battle with the Securities and Exchange Commission (SEC), leading to questions as to why the altcoin is struggling. So far, XRP looks to be under a lot of selling pressure, but this could just be the preparation for the next…