Solana’s rally seems to have cooled off. Despite posting over 22% gains in the past month, the last seven days have been sluggish. The token has dropped nearly 6%, now trading around the $184 mark, well below the recent high. While this might look like just a healthy cooldown, some on-chain and sentiment metrics suggest…
Ethereum (ETH) has had an impressive July, surging over 60% from around $2,400 on July 1 to a high of $3,941 by July 27. What’s particularly notable about this rally is that it appears to be driven by fresh capital inflows – not a rotation out of Bitcoin (BTC), as some have suggested. ETH Rally…
Ethereum ETFs experienced a record inflow streak last week, adding a net $2.31 billion ovst seven trading sessions between July 18 and July 28. Five of those days saw net inflows exceed $230 million, with the largest single-day inflow of $533.8 million recorded on July 22. This surge in inflows has dwarfed previous weeks and…
In a massive new update, the SEC approved in-kind ETFs for Bitcoin and Ethereum, as well as an expedited approval process for future altcoin products. This represents a significant breakthrough for the market sector. Additionally, the Commission raised the position limit on IBIT options trading tenfold, potentially enabling “an explosion of option-based Bitcoin ETFs.” In-Kind…
Ethereum (ETH) has recently surged to a 7-month high, yet the cryptocurrency has yet to breach the psychological $4,000 level. The altcoin has shown impressive growth, but overcoming this significant barrier may prove challenging. As investors watch closely, ETH’s next moves could determine the future price direction. Ethereum is Noting A Market Top Currently, 94%…
South Korea’s Central Bank has announced it will reorganize its structure to include a “cryptoassets department” as a wave of public sector stablecoin-related activity continues to build momentum. The South Korean media outlet News1 reported that the Bank of Korea (BOK) has established a new division named the “Cryptoasset Department.” The headquarters of the Bank…
Rakbank, officially known as the National Bank of Ras Al Khaimah, has set a notable precedent in the UAE by becoming the first conventional bank in the country to offer crypto trading services to retail customers. This move highlights a significant shift in the banking sector within the region, reflecting the increasing integration of cryptocurrencies…
Teucrium 2x Long Daily XRP ETF (XXRP) reached $323.6 million in net flows this week, being the first XRP exchange-traded fund (ETF) traded in the US to surpass the $300 million threshold. According to VettaFi’s data, XXRP now represents 52.5% of the total $616 million in net flows registered by US-traded XRP ETFs. Notably, all…
Strategy closed a $2.521 billion initial public offering of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) and immediately used the proceeds to expand its Bitcoin (BTC) reserve. The company said it purchased 21,021 BTC at an average $117,256 apiece, lifting holdings to about 628,791 BTC as of July 29. The aggregate cost…
Tron continues to dominate the stablecoin landscape, with another $1 billion in USDT minted just yesterday—bringing the total minted on the network in 2025 to a staggering $23 billion. This marks the strongest year for USDT supply expansion on Tron since the peak of the 2021 cycle. With this latest mint, the total USDT supply…