On-chain data from Lookonchain reveals that Bitmine, chaired by Tom Lee, has received an inflow of 20,000 ETH from Kraken. Although Bitmine has not confirmed the transaction, this movement suggests a new accumulation phase for the firm. This could indicate Bitmine's growing confidence or strategic positioning in Ethereum, potentially impacting market dynamics if the trend continues.
BlackRock has chosen not to launch XRP or other altcoin ETFs, concentrating instead on Bitcoin and Ethereum, which it views as more liquid and profitable. Industry experts consider this a risky move, but BlackRock prefers to wait until the XRP ETF ma...
In the week ending August 21, U.S. spot Bitcoin and Ethereum ETFs recorded their strongest combined inflows of 2026, totaling about $2.6 billion, with Bitcoin ETFs attracting $1.9 billion and Ethereum ETFs $697.2 million. This surge coincided with in...
Ripple's RLUSD stablecoin crossed a $2 billion market capitalization less than two years after its December 2024 launch, with nearly half issued on the XRP Ledger and slightly more on Ethereum. The stablecoin is backed by cash reserves held under New...
Ethereum (ETH) has surged about 34% from $1,900 to trade around $2,450, breaking through previous resistance and forming a bullish pattern. Key resistance lies at $2,550, with significant whale sell walls near $2,550 and $2,600, while support holds a...
Bitcoin stabilized around $78,000 after a recent pullback from over $81,000, amid the U.S. SEC's progress on updating crypto custody regulations. The SEC's proposed rule changes, now under White House review, aim to clarify how investment advisers an...
