BlackRock’s iShares Ethereum ETF, known by its ticker ETHA, has reached $10 billion in assets under management (AUM), becoming the third-fastest exchange-traded fund to ever hit that milestone. The surge from $5 billion to $10 billion took just 10 days, drawing comparisons to a “God candle,” according to Bloomberg ETF analyst Eric Balchunas. The milestone…
Tether, the issuer of the world’s largest stablecoin USDT, has disclosed a portion of its investment portfolio, revealing an involvement in cryptocurrencies that extend beyond Bitcoin (BTC). The announcement comes as Tether reports record profits in 2024, which have been used to fund these strategic investments in more than 120 companies across multiple sectors. Tether…
Market expert Paul Barron has commented on JPMorgan’s potential move to offer crypto-backed loans. The analyst further noted how this development provides more legitimacy to XRP as an asset class. How JPMorgan’s Move Is “Massive” For XRP In an X post, Paul Barron noted that JPMorgan, which boasts $4.3 trillion in assets under management (AuM),…
[PRESS RELEASE – George Town, Grand Cayman, July 24th, 2025] Zircuit has announced its next major product: an AI-powered trading engine designed for lightning-fast, cross-chain execution. This launch builds on the success of Zircuit’s Deposit Vaults, which now secure more than $950 million in stablecoins, ETH, and BTC. The new AI Trading Engine—“Hyperliquid for AI…
According to blockchain security firm Cyvers, crypto exchange WOO X suspended transactions after a hack stole $14 million of user funds. It’s unclear how this breach took place, but damage is apparently isolated to user accounts instead of company-affiliated wallets. So far, the exchange has been proactive in informing its users, quickly admitting that the…
Ethereum (ETH) continues to attract institutional interest despite a recent pullback in price. This week alone, more than $1 billion has flowed into ETH investment funds, which highlights growing institutional appetite for the asset. However, the coin’s price performance does not mirror this bullish investment activity. Despite the heavy inflows, ETH remains under pressure, largely…
An ancient Bitcoin whale has emerged from a 14-year slumber, transferring 3,962 BTC valued at $469 million after conducting an initial test transaction of 0.00184 BTC ($218.59). According to Bitinfocharts data, this wallet originally received 3,962 BTC in January 2011 when Bitcoin traded at just $0.37, making the initial investment worth approximately $1,453. Today, this…
Bitcoin price has entered a sideways trading pattern following its peak at $123,200 reached one week ago. While this price consolidation has contributed to a decline in Bitcoin dominance, smart money and institutional investors have intervened strategically, pushing BTC back above the crucial $119,000 resistance threshold. The current Bitcoin market structure has prompted analysts to…
Despite a 15% pullback from last week’s close, XRP has confirmed a breakout six years in the making, with the long-term XRP price outlook now eyeing a potential move to $6. The altcoin now retests a key level at $3.65 to rule out a false breakout from a symmetrical triangle pattern stretching back to 2018—the…
As Bitcoin continues its upward momentum, technical analysts are pointing to the long-observed Power Law resistance band. While market sentiment remains bullish, the proximity to this structural ceiling raises the possibility of increased volatility and consolidation. Analyst Highlights Technical Headwinds Facing Bitcoin Rally Despite recent bullish momentum, Bitcoin has yet to break through a key…