Key takeaways:Bitcoin closed its highest weekly candle at $119,310, then rallied on to $123,100.Short-term holder NAV premium at 16% signals moderate interest, well below FOMO levels.Spot Bitcoin ETFs have entered a strong buy regime following last week’s second-largest...
Strategy co-founder Michael Saylor signaled that Strategy would resume Bitcoin (BTC) buying on Monday after the company took a week-long hiatus from accumulating the digital asset.“Some weeks, you don’t just HODL,” the executive wrote on Sunday. The company...
Web3 company Animoca Brands signed a non-binding memorandum of understanding (MOU) with DayDayCook (DDC) Enterprise, a meal-prep and packaged food company that recently adopted a Bitcoin (BTC) treasury strategy, to manage Animoca’s BTC holdings and generate a yield...
Tether is discontinuing redemptions for USDt (USDT) on five legacy blockchains starting Sept. 1, the company announced on Friday. The move affects users of Omni Layer, Bitcoin Cash SLP, Kusama, EOS (now Vaulta), and Algorand.“Sunsetting support for these...
Key point:An ETH treasury purchase by SharpLink Gaming boosted investor sentiment, clearing the path for a potential rally to $3,153.Ether (ETH) price entered a strong uptrend this week, leading many analysts to predict a rally to $3,000 before...
Key point:Lawmakers with the US Senate Banking Committee will conduct a hearing on Wednesday titled “From Wall Street to Web3: Building Tomorrow’s Digital Asset Markets,” and Ripple CEO Brad Garlinghouse is one of the participants.Could Ripple’s growing involvement...
Key point:Ether’s (ETH) price has been in a range for several days, but institutional investors seem to be silently accumulating. Ether exchange-traded products (ETPs) recorded $225 million in inflows for the trading week ended Friday, according to CoinShares...
Key takeaways:Bitcoin futures open interest has climbed +7% in 30 days, suggesting a bullish shift in sentiment.A Bitcoin market momentum indicator shows that long-side buy pressure is rising.Bitcoin (BTC) futures showed renewed strength as their aggregated open interest...
Former Binance CEO Changpeng “CZ” Zhao has questioned the legitimacy of The Open Network’s new pathway to UAE residency, noting the absence of any official announcement from UAE government sources.As Cointelegraph reported, The Open Network announced on Saturday...
Opinion by: Alice Frei, head of security and compliance at Outset PRMore than 60 countries have signed on to CARF (Crypto-Asset Reporting Framework), marking 2027 as the year crypto goes fully on the grid, tax-wise.First up are the...
