Everything web3, crypto, defi, degen
In brief Solana exchange-traded funds could get the green light this month. But investor fatigue and more interest in Ethereum could dampen inflows into the products, JP Morgan analysts have said. A number of top asset managers have this year tried to get SEC approval for a SOL ETF. U.S. exchange-traded funds giving investors Solana…
In brief Myriad prediction market users currently favor bullish moves for both Bitcoin and XRP. Bitcoin hit a new all-time high over the weekend, and XRP last hit a record price in July. The charts currently lean bearish, but sentiment undoubtedly favors the “moon” scenarios. As “Uptober” nears the midway point, crypto traders are positioning…
In brief Luxembourg became the first European nation to invest in Bitcoin, allocating 1% of its $811 million sovereign wealth fund to BTC ETFs. The approximately $8 million investment marks a shift from the fund’s conservative strategy of bonds and equities to include alternative assets. Treasury director says the allocation “strikes the right balance” while…
In brief Bitcoin is sliding away from its all-time high above $126,000, but predictors still see $140,000 hitting before $110,000. Myriad users swung the odds of a Polymarket token announcement wildly after a cryptic post from the firm’s founder. The MLB Playoffs have been filled with drama, creating a lot of volatility in the Mariners…
In brief Bitcoin dipped below $121,400 while the S&P 500, Nasdaq, gold, and silver all hit record highs. BTC has underperformed stocks and precious metals for two months, with gold up 53% versus Bitcoin’s 29% gain in 2025. Fed Chair Powell’s brief remarks offered no economic guidance, leaving traders uncertain about upcoming monetary policy decisions.…
In brief Realized profits have fallen 50% since July, signaling restrained selling pressure. Long-term holders’ profit margins remain well below overheated cycle levels. Derivatives traders are clustering around $120,000 call options, reinforcing bullish sentiment. Bitcoin’s push to new record highs this week isn’t letting up, with on-chain data and derivatives activity revealing a market built…
In brief Zcash has surged over 140% in two weeks, hitting its highest level since 2021. Nearly $2 million in short positions were liquidated as the token climbed to $170. Analysts cite Grayscale access and endorsements from Naval Ravikant as key drivers. The token belonging to privacy blockchain Zcash has more than tripled in value…
Two major crypto ETF issuers are joining the rush to bring crypto asset staking to the U.S.Bitwise and 21Shares each unveiled updates to their crypto funds on Tuesday, cutting fees and adding staking features for investors, just days after Grayscale became the first to introduce staking in its U.S. Ethereum ETFs.Bitwise’s latest filing formally renames…
In brief Jack Dorsey’s Block wants its customers to use Bitcoin more. Block’s Square product will allow merchants to receive the cryptocurrency and manage it within a wallet. Block shares rose 2.6% on Wednesday. Jack Dorsey’s payments company Block said on Wednesday that it is debuting a new Bitcoin payments and crypto-integrated wallet targeting small…
In brief Hong Kong-based DDC Enterprise has secured an additional $124 million in funding to buy Bitcoin. DDC’s stock price was up about 3.5% in Wednesday trading. The digital platform wants to buy 10,000 BTC by the end of the year. Shares of Hong Kong-based digital food company DDC Enterprise were up about 3.5% on…
