Drift (DRIFT/IDR) Price Today
Ethereum jumps 18% as spot ETFs see biggest inflows in 10 months, eyeing $2,500 next.
Ethereum surged over 18%, breaking above $2,000, driven by large leveraged positions and record inflows into ETH Spot ETFs from BlackRock, Fidelity, and Grayscale. Exchange supply of ETH dropped 15% over 11 weeks, signaling strong investor demand. Te...
Judge keeps Justin Sun's claims in court, splits others between court and arbitration in crypto lawsuit
A federal judge ruled that Justin Sun's individual claims in his lawsuit against World Liberty Financial will stay in open court, rejecting the company's push to move all claims to private arbitration. The judge ordered the parties to decide which co...
Bitcoin breaks $70K with biggest short squeeze since March, faces profit-taking test at $67.1K support.
Bitcoin surged past $70,000, driven by the largest short squeeze since March, with $431 million in liquidations accelerating the rise. This forced buying helped Bitcoin cross $65,000 smoothly, but sustaining the breakout depends on new demand as liqu...
VanEck projects Bitcoin will reach $500K by 2029, linked to US Treasury's potential Bitcoin purchases.
VanEck forecasts Bitcoin to hit $500,000 by 2029, driven by the proposed BITCOIN Act of 2024 which could have the US Treasury buy up to 1 million BTC. This government demand, combined with growing institutional adoption, could push Bitcoin's market c...
Bitcoin rallies above $72K as Coinbase CEO predicts new bull cycle ahead of key Senate vote.
Bitcoin surged above $72,000, gaining over 11% in 24 hours, fueled by strong ETF inflows and short liquidations. Coinbase CEO Brian Armstrong sees this as the start of a new bull market, citing the upcoming September 15 Senate procedural vote on the ...
Aster launches $28M liquidity fund for USD1-settled real-world asset perpetual markets
Aster DEX has introduced five new perpetual markets settled entirely in USD1, a stablecoin by World Liberty Financial, backed by a $28 million liquidity fund. These markets cover tokenized stocks and commodities like gold and crude oil, marking a str...
Hyperliquid jumps 20% after US regulatory support boosts trading and triggers short liquidations
Hyperliquid (HYPE) surged 20% to around $72.30 following a White House mention that the CFTC is working to bring Hyperliquid under a compliant US regulatory framework. This regulatory news sparked a sharp increase in trading volume and price, pushing...
Bitcoin rallies 11% to near $73K on short squeeze and ETF inflows, with future gains hinging on ETF demand and U.S. policy progress.
Bitcoin surged about 11% in 24 hours, reaching nearly $73,000 after a massive short squeeze and strong inflows into U.S. spot Bitcoin ETFs totaling $517 million. The rally was also supported by falling U.S. Treasury yields, which made Bitcoin more at...
US crypto regulations push builders overseas, says Uniswap founder at CFTC meeting
Uniswap founder Hayden Adams told the CFTC Innovation Advisory Committee that heavy US regulatory enforcement has driven crypto developers to relocate abroad, giving foreign competitors an advantage. Adams, who has faced enforcement actions from both...
Bitcoin and Ether ETFs attract $706M as crypto prices surge above key levels.
Bitcoin ETFs saw a strong inflow of $517.19 million, the highest since early May, as Bitcoin prices climbed above $70,000. Ether ETFs also gained $189.15 million in net inflows, driven by ETH rising above $2,000. Major fund managers like Blackrock le...
