US President Donald Trump’s social media platform, Truth Social, filed an S-1 form with the US Securities and Exchange Commission to launch a dual exchange-traded fund (ETF) for Bitcoin and Ether. Filed on Monday, the S-1 form proposes the issuance and trading of Truth Social Bitcoin and Ethereum ETF, sponsored by the asset management firm…
Key takeaways: Ethereum whales accumulated over 818,000 ETH ($2.5B) on June 15, their biggest daily inflow since 2018. ETH price is consolidating inside a multimonth range, mirroring its 2017 breakout pattern. Analysts see a short-term ETH target at $4,000, with the potential for $10,000. One of Ethereum’s richest address cohorts is stacking Ether (ETH) at…
Tether, issuer of the world’s largest stablecoin USDt, has frozen over $12.3 million of digital assets on the Tron Network, continuing its clampdown on illicit activity in the crypto space. Tether froze the USDt (USDT) at 9:15 am UTC on June 15 on Tron, blockchain data from Tronscan shows. While Tether has not issued a…
Cryptocurrency investment products continued their multi-week inflow streak last week as Bitcoin traded close to new highs and Ether briefly surged past $2,800 for the first time since February. Global crypto exchange-traded products (ETPs) recorded $1.9 billion of inflows in the trading week ending June 13, moving a nine-week streak of inflows to $12.9 billion,…
Major Ethereum holders have been scooping up Ether (ETH) over the past month as the cryptocurrency chopped sideways, while retail investors have been cashing out. Ethereum wallets holding between 1,000 ETH (whales) and 100,000 ETH (sharks) have added a net total of 1.49 million ETH (worth $3.79 billion) over the last 30 days, increasing their…
US-based spot Ether exchange-traded funds (ETFs) have posted the first net outflow day after a record 19-day streak of consecutive inflows. On June 13, spot Ether (ETH) ETFs recorded net outflows of $2.1 million, ending the longest inflow streak since the products’ launch in July 2024, according to Farside data. Streak beats previous record by…
Key takeaways: Rising spot ETH ETF inflows and BlackRock’s accumulation signal strong institutional investor interest, supporting a bullish outlook. A dip to $2,100 could be a strategic entry point, bolstered by tokenized AUM surpassing $5 billion and a potential Q4 breakout driven by year-end strategies. Ether (ETH) price witnessed a volatile period this week as the altcoin…
The Ethereum Foundation said it will be donating $500,000 to the legal defense of Tornado Cash co-founder and developer Roman Storm, who faces charges related to allegations he conspired to run the crypto mixing service as an unlicensed money transmitter. In a Friday X post, the foundation said it would contribute $500,000 to Storm’s defense,…
Bitcoin exposure may provide a lucrative financial opportunity for Apple’s stock buyback program, according to Strategy’s Michael Saylor. Saylor’s proposition follows a Bitcoin (BTC) rally of over 11% since the beginning of 2025, which outperformed the 18% decline of Apple shares during the same period. Illustrating a growing corporate shift, increasingly more traditional companies are…
Key points: Bitcoin searches for support near $103,000, but rising uncertainty in global markets could cap future rallies. Select altcoins are finding buyers at lower levels, indicating traders’ desire to buy the dip. Bitcoin (BTC) corrected below $103,000 on news of Israel’s airstrikes on Iran, but a positive sign is that lower levels witnessed buying,…