Morgan Stanley's spot Bitcoin ETF increased its holdings by about 232.5 BTC, valued at $15.05 million, raising total assets to over 6,500 BTC worth more than $426 million. This accumulation occurred as Bitcoin traded below $65,000, a level below the average purchase price of many recent holders, indicating potential selling pressure. Other major financial institutions like BlackRock, Fidelity, and Franklin Templeton also added Bitcoin during this dip, signaling continued institutional interest. The ETF's growth reflects ongoing investor demand despite short-term price challenges, with key price levels around $67,500 critical for reducing selling pressure and supporting a price recovery.
Ripple has introduced a four-phase strategy to secure the XRP Ledger against quantum computing risks, aiming for full quantum resistance by 2028. This move follows Google's research showing that 500,000 qubits could break current blockchain cryptogra...
Ethereum's price fell 3.6% to around $2,420 following a strong rally in August, driven by profit-taking as prices surpassed the average acquisition cost of $2,306. Despite the dip, U.S. spot Ethereum ETFs attracted $234.51 million in inflows on Augus...
G Mining Ventures Corp. is rated a long-term value Buy due to its strong operational cash flow from the Tocantinzinho mine and credible expansion plans, including the Oko Gold project which is 28% complete and fully permitted. Oko Gold is expected to...
Hyperliquid leads the perpetual DEX market with a notional volume of $249.2 billion, more than double its closest competitor. Nasdaq-listed Hyperliquid Strategies has heavily invested in HYPE tokens, holding $1.9 billion worth and staking many for yi...
Bitcoin fell sharply to $78,442 following Federal Reserve Chair Kevin Warsh's cautious comments at the Jackson Hole Economic Symposium, where he downplayed recent inflation improvements and signaled a likely September rate hike. This hawkish tone inc...
