The US Securities and Exchange Commission (SEC) on 22 July granted accelerated approval for NYSE Arca to list the Bitwise 10 Crypto Index ETF, a multi-asset product whose underlying portfolio includes XRP, Solana, Cardano and seven other digital assets alongside Bitcoin and Ether. The order, published as Release No. 34-103531, concluded that the proposal was…
The US Justice Department has dropped its criminal investigation into Kraken co-founder Jesse Powell. The investigation was launched in 2023 and did not focus on Powell’s crypto dealings. Instead, it centered on allegations from the Verge Center for the Arts – a nonprofit he founded – that he had hacked its accounts and blocked email…
Ethereum (ETH) is attempting to reclaim its most critical resistance after registering a nearly 70% rally in the past month. Some crypto analysts suggest that the King of Altcoins is preparing to aim for new highs, but warned a potential pullback might come first. Ethereum Risks 15% Correction Ethereum started the week hitting a yearly…
US crypto watchers are on edge. A new policy report is set to land before the month ends – and it could reshape how digital assets fit into the US government’s plans. Working Group Sets Release Date According to an X post by Bo Hines, the President’s Digital Asset Working Group wrapped up its 180‑day…
World Liberty Financial, a crypto venture linked to US President Donald Trump, has made another big move into Ethereum. The group converted $13 million worth of USDC into 3,473 ETH, adding to its already large stash of the second-largest cryptocurrency by market cap. The move pushes the platform’s total Ethereum holdings to 73,616 ETH—worth about…
Bitcoin price is eyeing a fresh increase above the $118,500 resistance. BTC must clear the $120,250 resistance zone to gain bullish momentum in the near term. Bitcoin started a fresh increase after it cleared the $118,000 zone. The price is trading above $118,600 and the 100 hourly Simple moving average. There is a key bullish…
Bitcoin (BTC) may be on the edge of a significant market move, as a crypto analyst warns that failure to reach an all-time high in the coming weeks could trigger a sharp correction. While long-term bullish sentiment remains strong, the immediate outlook hinges on whether BTC can maintain an upward momentum and avoid a damaging…
Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment. Grab a green tea and watch this space. Tesla’s quarterly decline contrasts with gains in its bitcoin treasury, while a Japanese firm, Quantum Solutions, targets a $367M acquisition of BTC. Korean infrastructure leader DSRV secures funding,…
PENGU is finally getting serious consideration this week, with indications of strength straight out of the derivatives market. Open interest has spiked to $591 million, while overall derivatives volume detonated to more than $4.43 billion. That’s a 35% jump in open interest and a massive 291% spike in volume, based on data from Coinglass. This…
Ondo Finance is back in the spotlight after a major development in the institutional investment landscape. 21Shares, a prominent issuer of crypto exchange-traded products (ETPs), has submitted a preliminary application to the US Securities and Exchange Commission (SEC) for a spot ETF that would track the performance of ONDO, the native token of the decentralized…