Ethereum Institutional was announced on Wednesday as a new independent non-profit to serve as a neutral front door for institutions navigating Ethereum, its layer-2s, tokenization, stablecoins, and on-chain markets. The new organization has been founded by the former Ethereum Foundation Enterprise team, David Walsh, Matthew Dawson, and Marius Smith, with funding coming from Bitmine, Sharplink, […]
Open USD (OUSD) stablecoin has emerged as one of the crypto market’s biggest trending topics after the project drew attention with the announcement of a consortium-backed stablecoin initiative involving more than 140 companies. Developed by Open Standard, the stablecoin is expected to go live later this year. Open USD Frenzy According to the latest findings […]
Crypto influencer Nick O’Neill said he deliberately sold off a community-created token after its developers sent him 60% of its supply. The incident has sparked criticism from some traders, while others argue the entrepreneur had no obligation to support an unofficial token created without his approval. O’Neill Defends Selling Unsolicited Token It all started when […]
A newly released federal financial disclosure has revealed that US President Donald Trump holds more than $50 million worth of Bitcoin in a cold wallet. According to a 927-page document released by the US Office of Government Ethics, the Bitcoin is held under CIC Digital LLC as a “Cryptocurrency Wallet Virtual Bitcoin Key (held in […]
A dispute over Bitcoin’s proposed BIP-110 soft fork has intensified after critics argued that the upgrade could break certain wallets and leave some users with permanently unspendable BTC if it activates. This is according to crypto investment advisor Farside Investors, who were challenging claims made by BIP-110 supporter Fred Krueger in a June 28 post […]
According to on-chain indicators reviewed by analysts at the crypto exchange Bitfinex, bitcoin (BTC) still has some way to go before it bottoms out in this bear cycle. The latest Bitfinex Alpha report revealed that the leading digital asset could decline further into the $40,000s by the end of this year as more investors exit […]
As more opinions on Strategy’s latest bitcoin (BTC) moves surface within the crypto community, trader Merlijn has countered Ripple CEO Brad Garlinghouse’s stance on the matter. In a tweet addressing Garlinghouse’s remarks on Strategy’s recent BTC sale, Merlijn insisted that both Ripple and the business intelligence firm use the same funding models. In other words, […]
Altcoins are arguably the segment that has suffered the most throughout this bear market, said CryptoQuant analyst ‘Darkfost’ on Tuesday. 84% of altcoins are trading below their 200-day moving average and are in a “state of total underperformance,” he added. “Every attempt at a momentum recovery has failed outright,” he said, adding that the altcoin […]
Large XRP transfers are becoming more prominent across centralized exchanges overall, while their activity on Binance has declined. Data from the 7-day moving average of the XRP Whale vs Retail Spread across all centralized exchanges rose from 26% on May 6 to 50.9% on June 29. This is an increase of 24.9 percentage points. According […]
Nearly one year after CNBC’s “Mad Money” host Jim Cramer grouped Palantir (PLTR), Applovin (APP), Robinhood (HOOD), and Coinbase (COIN) into the “PARC” basket, three of the four stocks have either fallen or gone nowhere. At the time, many in the industry felt that cross-stitching the four into one word meant that Cramer was feeling […]