Ethereum exchange-traded funds (ETFs) have experienced the largest outflow ever, with the products bleeding $465 million in one day. This movement marks a major reversal from the momentum seen last month in the Ethereum ETF market. Record $465M Daily Outflow According to data from SoSoValue, on August 4, outflows from spot ETH ETFs exceeded $465…
The self-proclaimed crypto President said minutes ago that he probably won’t run for a third term, even though the US Constitution clearly says he is not even allowed to. Bitcoin’s price reacted immediately to many of his recent remarks, including some on trade deals, and dropped by over a grand and a half. BTCUSD. Source:…
Ethereum’s price has seen some volatility in recent days, driven by broader market uncertainty. While August began on a bearish note, Ethereum managed to recover over the weekend. However, Ethereum’s ETFs faced significant challenges during this period, especially with large outflows on Black Monday. Ethereum ETF Outflows Peak Ethereum ETFs experienced their largest single-day outflows…
The recent Hedera (HBAR) price action has been marked by a recovery attempt after a notable drawdown. Despite showing some signs of a bounce, the altcoin’s inability to gather bullish momentum raises concerns. A key issue is the increasing risk to traders holding short positions, as they face significant liquidation pressure. HBAR Traders Beware Recent…
A well-known Bitcoin analyst is charting a path that most traders don’t expect. According to reports, the pseudonymous quant strategist PlanB told his 216,000 YouTube subscribers he believes Bitcoin will climb to at least $300,000 by the end of 2026. That’s a bold call, given that 60% of market participants think the world’s largest cryptocurrency…
US President Donald Trump is reportedly preparing to sign an executive order aimed at curbing discrimination against the crypto industry by US banks, the Wall Street Journal reported on Aug. 4. According to sources familiar with the matter, the order would introduce fines for banks that block transactions involving crypto companies. This measure would address…
Cryptocurrency exchange Binance announced that Binance Academy, its blockchain and cryptocurrency education platform, has entered into a Memorandum of Understanding with the University of Sharjah to advance blockchain education and contribute to workforce development in the UAE. The multi‑year collaboration is aimed at equipping students with skills and knowledge relevant to the rapidly evolving digital…
Currently the third-largest cryptocurrency by market cap, $XRP surged an impressive 35% in the last month, riding the bullish momentum that swept through the broader crypto market – a rally that also saw OG Bitcoin smash through to new all-time highs ($123K). Because XRP is a major altcoin, its movements are closely tracked by both…
David Bailey is planning to raise $100M–$200M to build a pro-Bitcoin political force. The entrepreneur, widely known as the architect behind Trump’s recent Bitcoin pivot, shared on X that the PAC aims to send $BTC to $10M by locking in its place in mainstream finance. But politics won’t fix Bitcoin’s outdated infrastructure. The growing realization…
On August 4, 2025, Strategy’s chairman Michael Saylor sent ripples through the crypto world with a six-word tweet: “Bitcoin — An Offer You Can’t Refuse.” According to his post, that phrase—lifted straight from The Godfather film—captures his belief that Bitcoin is too valuable to pass up. The message spread fast on social media, drawing fresh…