Trump Media & Technology Group has withdrawn its registration for the Truth Social Bitcoin and Bitcoin & Ethereum ETFs, citing a "structural reset" but analysts point to intense competition, collapsing fees, and weak investor demand as the real reasons. The crowded spot bitcoin ETF market, with major players like Morgan Stanley offering very low fees, made it difficult for Trump Media to attract assets. Experts suggest Trump Media may pivot to more differentiated crypto funds under different regulatory structures instead of competing in the saturated spot bitcoin ETF space.
Crypto derivatives markets saw $111.7 million in liquidations over 24 hours, led by Ethereum with $51.49 million, more than double Bitcoin's $20.01 million. Long positions were hit harder overall, indicating bearish pressure and pullbacks affected bu...
Ethereum has completed a short-term golden cross against Bitcoin on the hourly chart, where the 50-period moving average crossed above the 200-period moving average. This technical signal follows Ethereum's recent outperformance versus Bitcoin, suppo...
XRP Ledger's AI agents have completed over 1 million transactions but with low financial volume, indicating the AI economy is still in early stages. Bitcoin mining veteran Chandler Guo predicts Bitcoin will hit $120,000 within a year and $500,000 in ...
Jurrien Timmer, Fidelity's global macro director, suggests Bitcoin may have reached a critical support level around $60,000, indicating it could be in an accumulation zone. This assessment is based on a power law model that historically marks buying ...
Michael Saylor described Bitcoin as a network balanced by wallets, nodes, and miners, each holding different influence through capital, commerce, and computing power. His comments come amid debate over BIP 110, a proposal to limit certain non-payment...
