World Liberty Financial has introduced a new proposal to direct all fees from its protocol-owned liquidity toward open-market buybacks and permanent token burns. Summary WLFI has proposed using all fees from its protocol-owned liquidity for token buybacks and burns. The plan follows a 47 million token burn that failed to lift prices after a volatile … Read more
Concerns about a potential crypto bubble have intensified over the past few days, with industry leaders like Arjun Sethi, co-CEO of crypto exchange Kraken, voicing alarm over the current state of the digital asset landscape. Sethi Warns Of Short-Term Crypto Bubbles In a recent interview with Fortune at the Brainstorm Tech conference in Park City, … Read more
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Earlier today, Ethereum (ETH) treasury firm BitMine Immersion Technologies (BMNR) added to its ETH holdings, as on-chain data reveals that the firm purchased another 46,225 tokens, increasing its total ETH holdings to over 2.1 million ETH. BitMine’s Total Ethereum Holdings Surge Past … Read more
BlackRock is preparing its next big step in digital finance with plans to tokenize exchange-traded products. Summary BlackRock is weighing tokenized ETFs after the success of its spot Bitcoin ETF and tokenized money market fund, BUIDL. Tokenized ETFs could enable 24/7 trading, fractional ownership, and new collateral use cases in crypto markets. Regulatory and infrastructure … Read more
Key Takeaways Bitcoin ETFs saw significant inflows of $552.7 million on September 11. Ethereum ETFs attracted $113.1 million in inflows on the same date. Share this article Bitcoin exchange-traded funds recorded $552.7 million in inflows on September 11, while Ethereum ETFs saw $113.1 million in inflows on the same day. The inflows represent investor purchases … Read more
TL;DR The actions of large cryptocurrency investors, typically referred to as whales, have the ability to impact the markets with their large purchases or sell-offs. However, that hasn’t been the case in the past 24 hours when it comes to the third-largest digital asset by market cap. Whales sold 40 million $XRP in the last … Read more
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance … Read more
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure President Trump’s pick for Chairman of the Commodity Futures Trading Commission (CFTC) has accused the founders of crypto exchange Gemini of interfering with his confirmation process following a key conversation from two months ago. CFTC Nominee Shares Texts With Gemini Founders On … Read more
Avalanche (AVAX) has reclaimed a crucial level as support after its recent rally, fueled by multiple bullish developments for the ecosystem. Some analysts forecast a massive rally toward the start-of-year highs if the momentum holds. Related Reading Avalanche Eyes 35%-40% Rally On Thursday, Avalanche hit a seven-month high of $29.99 after breaking out of its … Read more
Around 29,500 Bitcoin options contracts will expire on Friday, September 12, and they have a notional value of roughly $3.4 billion. This expiry event is pretty much identical to last week’s, so there is unlikely to be any impact on spot markets, which have reclaimed $4 trillion total capitalization again. US inflation data showed that … Read more