Mawson Infrastructure Group’s board moved quickly this summer, cutting ties with its leader amid serious claims. On May 30, the company put CEO Rahul Mewawalla on notice for “Cause” under his contract. Days later, he was placed on administrative leave. Then, on July 8, his board seat was taken away and a lawsuit was filed…
The US Securities and Exchange Commission is edging toward a structural makeover of spot‑Bitcoin and Ethereum exchange‑traded funds, after five Cboe BZX‑listed products simultaneously asked to swap their cash‑only creation and redemption model for the in‑kind mechanics long used by commodity and equity ETFs. Filings submitted late on 22 July cover the ARK 21Shares Bitcoin ETF and the…
Elon Musk’s SpaceX has raised eyebrows in the crypto community, following the transfer of its Bitcoin holdings for the first time in three years. This has raised concerns about the possibility of the company looking to offload its coins. Elon Musk’s SpaceX Transfers Bitcoin Holdings To A Fresh Address In an X post, onchain analytics…
Despite the gains that have been seen in the market, the altcoin season is still far from starting, signaled by how high the Bitcoin dominance still is. Bitcoin’s dominance over the crypto market, depending on how high or low it is, remains the major determinant of when the altcoin season will begin. Since the dominance…
Arthur Hayes, co-founder of BitMEX, has predicted that Bitcoin could reach $250,000 and Ethereum $10,000 by the end of 2025. In a recent blog post, Hayes laid out his thesis, tying the potential price surge to U.S. President Donald Trump’s economic policies and what he describes as a shift to a wartime economy. Crypto to…
Over the past 24 hours, the cryptocurrency market capitalization has dropped by 3.3%, but it still holds at $4 trillion. That said, the market is up today, with the large majority of the top 100 coins per market capitalization increasing in this period. At the same time, the total crypto trading volume is at $222…
Arthur Hayes has never been shy about big numbers, but his latest essay, Time Signature, frames those targets inside a sweeping macro thesis: a wartime‑style US credit boom that—if it unfolds as he expects—could send Bitcoin and crypto markets into their largest bubble yet. Writing on 22 July, the BitMEX co‑founder argues that financial markets, like dancers, must keep…
As Ethereum (ETH) gains momentum, its growing institutional appeal is beginning to reflect in spot exchange-traded fund (ETF) activity. Recent data shows that ETH ETF inflows continue to accelerate, while Bitcoin (BTC) ETFs have seen a temporary slowdown after 12 consecutive days of inflows. Ethereum ETFs Outshine Bitcoin ETFs According to data from SoSoValue, spot…
JPMorgan is reportedly considering loans backed directly by clients’ Bitcoin and Ethereum holdings, a move that would pull TradFi further into crypto. JPMorgan Could Launch Crypto-Backed Loans As Soon As Next Year According to a Financial Times report, JPMorgan Chase is exploring plans to offer its clients the option to use their cryptocurrency holdings as…
SpaceX has jolted the on‑chain ledgers for the first time in more than three years, dispatching 1,308 bitcoin—worth roughly $153 million at today’s market rate—to a fresh, unlabeled SegWit address. “At 13:09 (UTC+8) today, the SpaceX‑labeled address 15oKQ7…i7Jf1G transferred 1,308 BTC (worth approximately $153 million) to bc1q8k…phartf,” Chinese market‑monitor Wu Blockchain reported, citing Arkham Intelligence’s real‑time tracking tools. Arkham’s portfolio page shows that the coins left a…