Counting down the days: State of Crypto

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Crypto News

Senators Ruben Gallego and Thom Tillis sent a proposed revised ethics provision to the White House on Thursday, after drafting the compromise the day before, an industry source familiar with the talks told CoinDesk. As of midafternoon on Friday, the White House had not officially responded to the proposal. Ethics remains the biggest outstanding issue […]

KindlyMD (NAKA) faces Nasdaq delisting risk after shares trade below $1 for 30 straight days

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Crypto News

Kindly MD (NAKA), a health-care and bitcoin treasury company company, faces being delisted from the Nasdaq exchange after its share price failed to meet minimum listing requirements. The stock has closed below $1 for 30 consecutive trading days, and the company has until June 8 to lift it above that level for 10 straight days […]

20% Freefall in Two Days Amid $1B Liquidation Cascade

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Crypto News

Ethereum’s ether ETH$3,236.79 just tumbled more than 20% by Tuesday in a two-day rout that almost look like the October 10 crash. Trading just below $4,000 early Monday, the second-largest cryptocurrency by market cap tumbled to nearly $3,000 by Tuesday afternoon U.S. hours, touching its weakest level since mid-July. That’s the second severe correction in […]

Spot Ether ETFs Shed $952M Over 5 Days as Recession Fears Grow

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Crypto News

Spot ether exchange-traded funds (ETFs) logged their fifth straight day of outflows this week, shedding $952 million in total and over $787 million in the four-day week alone. The withdrawals followed a record-setting August when spot ether ETFs pulled in $3.87 billion even as bitcoin ETFs saw $751 million in net outflows, according to SoSoValue […]