Crypto exchange Coinbase initiated a large fund migration on Saturday, moving tokens to new internal wallets in a scheduled, routine security procedure to reduce long-term exposure of keeping funds in the same wallet addresses, which are publicly known. The migration is not due to any cybersecurity breaches or external threats, according to an announcement from…
Spot crypto exchange-traded funds (ETFs) saw a rebound at the end of the week, with all Bitcoin, Ether and Solana funds seeing inflows after a week of volatility and downturns. On Friday, spot Bitcoin (BTC) ETFs attracted $238.4 million in net inflows after a wave of heavy redemptions the day before. BlackRock’s IBIT drove the…
ARK Invest closed out the week with a fresh round of accumulation across several of its flagship funds, picking up positions in Circle, Bullish, BitMine, Robinhood and Bitcoin ETFs as crypto-related equities rebounded. The largest set of purchases targeted Bullish, with ARK Innovation ETF (ARKK), ARK Fintech Innovation ETF (ARKF) and ARK Next Generation Internet…
Key takeaways: ETH derivatives positioning shows large traders increasing long exposure as sentiment stabilizes despite ongoing weakness in broader risk markets. Public companies holding sizable ETH reserves continue to trade at discounts, signaling investors still lack conviction in a near-term recovery. Ether (ETH) faced a sharp 15% drop Wednesday to Friday, falling to $2,625, its…
Cryptocurrency markets continued their decline for a fourth consecutive week this week, raising concerns over the status of the bull market cycle. Investor concerns grew on Thursday after a 10X Research report revealed that BitMine Immersion Technologies, the world’s largest corporate Ether (ETH) holder, is sitting on a cumulative unrealized loss of $3.7 billion on…
Key points: Bitcoin has been facing intense selling pressure, opening the doors for a fall to the crucial support at $73,777. Several major altcoins have slipped below their support levels, indicating that bears remain in firm control. Bitcoin (BTC) attempted a recovery on Friday, but the bears continued to exert pressure, bringing the price as…
BitMine, a crypto treasury company that accumulates Ether (ETH) and Bitcoin (BTC), said on Friday it plans to launch the “Made in America Validator Network” (MAVAN) to stake its ETH holdings. The company is piloting MAVAN with three staking infrastructure providers, ahead of the launch slated for the first quarter of 2026, according to an…
While spot Bitcoin and Ether exchange-traded funds (ETFs) are facing some of the biggest daily outflows since they launch, two new altcoin products are bucking the trend. Despite the broader market rout, Solana (SOL) and XRP (XRP) ETFs have yet to record a single outflow day since launch, according to crypto ETF data aggregator SoSoValue….
Key takeaways: Ethereum treasury companies are sitting on millions of dollars of unrealized losses, raising concerns about their sustainability. Ethereum treasury companies trading below NAVs signal eroding confidence, potentially pressuring ETH price further. An ETH price fractal hints at $2,500 as the 200-week moving average becomes the last line of defense. Ether (ETH) fell 30%…
Coinbase has launched Ether-backed loans for US users, allowing customers to borrow USDC against their ETH holdings without selling, in a new offering powered by Morpho and running on Base. The exchange said the product is available across most US states, except New York, with variable rates and liquidation risk tied to market conditions. Users can…