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The day before the spot ether exchange-traded funds (ETFs) were introduced, Coinbase posted on X to clarify its position regarding spot BTC and ETH ETFs. The company mentioned that it holds assets for ten out of 11 spot bitcoin ETFs and eight out of nine ether ETFs. Gabor Gurbacs, founder of Pointsville and former strategy … Read more
Following U.S. President Joe Biden’s withdrawal from the 2024 election, many Americans are curious about his whereabouts since he has not spoken to the nation following his letter posted to X on Sunday. On Tuesday, a Polymarket bet is predicting whether Biden will “make an appearance today” after his campaign resignation. The betting odds on … Read more
In a significant move to meet regulatory and tax requirements, Arkham has withdrawn $487.24 million worth of $ARKM tokens from its vesting contract and transferred them to Coinbase Prime Custody. Within the past 48 hours, the Arkham team moved 304.5 million $ARKM, valued at approximately $477 million, to Coinbase Prime. Arkham Withdraws $487.24 Million in … Read more
POPCAT, a meme coin built on the Solana blockchain, has recently grabbed the attention of mainstream traders with a dramatic 117% price surge since July 11th. Such rapid increases often draw significant market interest but can also signal an impending correction, offering potentially better entry points for investors. 😺 POPCAT has drawn attention from mainstream … Read more
Binance has just wrapped up its 28th quarterly BNB burn, eliminating a total of 1,643,699 BNB, which is valued at approximately $971 million. This latest burn did not include the Pioneer Burn Program, focusing solely on the regular quarterly reduction. Binance’s ongoing commitment is to burn BNB each quarter until half of the total supply, … Read more
Since July 16th, Ethereum (ETH) has faced significant difficulty breaking through the $3,500 resistance level. This challenge is partly due to the 3.13 million addresses that acquired ETH at an average price of $3,547. Many of these addresses are currently holding their ETH at a loss, which contributes to increased selling pressure and complicates ETH’s … Read more
After a surprising rebound over the past two weeks, Bitcoin and the broader cryptocurrency market have quieted down, especially as BTC approaches the $70,000 mark once again. The previous calls for a bear market in early July have faded as market sentiment shifts. 🤫 The crowd’s gone silent after Bitcoin and crypto have enjoyed a … Read more
Generalized international settlements using the Russian digital ruble will not be available until 2026, according to statements from Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market. Aksakov stated that in 2025, authorities plan to expand the current pilot stage to implement these transactions within Russia. Subsequently, they will generalize and test … Read more
Following the Chicago Board Options Exchange’s (Cboe) preparation for five new spot ethereum exchange-traded funds (ETFs) last week, the New York Stock Exchange (NYSE) has confirmed its approval to list the Bitwise and Grayscale ETH ETF. Bloomberg ETF analyst James Seyffart mentioned that he and his colleague Eric Balchunas anticipate the spot ether funds will … Read more
According to the latest data from the prediction market Polymarket, the 75th Governor of North Carolina, Roy Cooper, and the 48th Governor of Pennsylvania, Josh Shapiro, are currently leading as vice presidential candidates for Kamala Harris if she secures the Democratic nomination at the upcoming convention. Both Cooper and Shapiro have nearly identical odds with … Read more