Cryptocurrency prices nudged higher after U.S. President Donald Trump said a direct tariff dividend of “at least” $2,000 will be paid out to most Americans. In a Truth Social post, Trump said the U.S. is generating “trillions of dollars” in tariffs and said the funds would both reduce the country’s $37 trillion national debt and […]
XRP$2.3304 and Solana’s SOL$183.77 stand out as the major cryptocurrencies with a key sentiment gauge showing bullish momentum, while their peers bitcoin BTC$106,931.06, and ether ETH$3,894.35 remain stuck in the gloom. This key sentiment gauge, known as the 25-delta risk reversal, is actually an options strategy involving the simultaneous purchase of a 25-delta call and […]
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 […]
Ethereum has become the latest front for software supply chain attacks. Researchers at ReversingLabs earlier this week uncovered two malicious NPM packages that used Ethereum smart contracts to conceal harmful code, allowing the malware to bypass traditional security checks. NPM is a package manager for the runtime environment Node.js and is considered the world’s largest […]
Bitcoin has mounted another attempt for a fresh all-time record climbing near $123,000, a four-week high during the Wednesday U.S. session. Two previous attempts, spiking to $122,300 on Monday and topping $123,000 on July 14, were met with heavy selling, knocking down prices intraday below $120,000 on both occasions. Ethereum’s ether (ETH) was also inching […]
Cryptocurrency-friendly lender Standard Chartered is claiming bragging rights of being the first global bank to offer spot trading in bitcoin and ether (ETH) to institutional clients. The offering, rolled out through the bank’s UK branches, is available initially via our U.K. entity, during Asia and Europe trading hours, with 24/5 access under consideration as client […]
Lido Finance, Ethereum’s largest liquid staking platform by locked value, has introduced a proposal that grants staked ether (stETH) holders direct voting power alongside existing DAO tokenholders. The upgrade, dubbed Lido Improvement Proposal (LIP) 28, outlines a dual governance system allowing stETH holders — those who stake ETH via Lido and receive a liquid token […]
It’s the Fed day again, and traders are seeking cues on how much volatility this key event might spark. According to Volmex’s implied volatility indices, major tokens could see price swings, but nothing out of the ordinary is anticipated. According to data source TradingView, Volmex’s annualized one-day bitcoin implied volatility index (BVIV) stood at 49% […]
“Decoupling” and “safe haven” began to be used late last week as bitcoin (BTC) held its own despite the continuing tumble in stock markets in response to President Trump’s sweeping tariffs against U.S. trading partners. Bitcoin bulls, though, may have spoken too soon. With stock trading closed for the weekend, fearful investors turned to the […]
Crypto asset manager 21Shares is set to liquidate two actively managed exchange-traded funds (ETFs) tied to bitcoin and ether futures amid a wider market downturn. The funds slated for liquidation are the ARK 21Shares Active On-Chain Bitcoin Strategy ETF (ARKC) and the ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY). Investors can trade shares until […]
An ether (ETH) whale, who has held the token since its initial coin offering (ICO), made waves on Monday as it moved ETH worth millions to crypto exchange Kraken, according to blockchain sleuth Spot on Chain. The whale deposited 7,000 ETH, worth $13.8 million at press time, to Kraken as the token’s price plummeted along […]
Ether’s (ETH) 11.5% slide over the past 24 hours has moved the second-largest cryptocurrency closer to a series of mammoth $340 million liquidations on collateralized debt platform MakerDAO. On-chain data shows three MakerDAO positions will be liquidated when the ETH price hits $1,926, $1,842 and $1,793. Each position is worth between $109 million and $126 […]