Everything web3, crypto, defi, degen
In brief Ethereum hit a new all-time high price, breaking a record set back in 2021. The second-biggest cryptocurrency had lagged behind Bitcoin in gains, and long lingered well short of its previous peak. Institutional adoption and a favorable regulatory landscape have helped the coin in recent months. Ethereum hit a new all-time high price…
In brief Fed Chair Jerome Powell went much more dovish than expected at Jackson Hole, sending stocks up 2% and crypto markets higher. Altcoins are outpacing Bitcoin, with Dogecoin and Solana showing increasingly bullish signs. But today, all eyes are on Ethereum, which is inching closer to breaking its 2021 all-time high. Crypto markets have…
In brief Ethereum jumped nearly 15% Friday after Fed Chair Jerome Powell hinted at rate cuts, but the token stalled just short of eclipsing its all-time high of $4,878. More than $340 million in Ethereum long and short positions were liquidated in the last 24 hours, making up over half of all crypto market liquidations.…
In brief Bitcoin ETFs are experiencing a significant sell-off, with over $1.1 billion in outflows over the past five days as investors de-risk ahead of the Jackson Hole symposium. Ethereum ETF flows have bucked the bearish trend, with a strong inflow on August 21. Crypto market remains highly volatile with significant liquidations and key price…
In brief Top markets on Myriad’s prediction market include questions about Satoshi’s wealth and Kanye’s token. Predictors are not as bullish on ETH than they were last week, in line with the asset’s recent fall. But predictors are even less bullish on Bitcoin booming for Satoshi, and YZY jumping 50% by the end of the…
ETH ETF OUTFLOWS HIT $678M, SUI TRADING LIVE ON ROBINHOOD, $PUMP SURPASSES $800M IN LIFETIME REVENUECrypto lower ahead of Fed minutes. ETH ETF outflows hit $678m in 3 days. BTC fall linked to $400b drain from reverse-repo. Strategy stock hits 4-month lows after BTC buys. DATs now eclipse VC funding in 2025. Sharplink adds 12k…
CRYPTO LOWER, AI STOCKS WOBBLE, DAT WORRIES CONTINUECrypto lower ahead of Fed minutes. ETH ETF outflows hit $678m in 3 days. BTC fall linked to $400b drain from reverse-repo. Strategy stock hits 4-month lows after BTC buys. DATs now eclipse VC funding in 2025. Sharplink adds 12k ETH. Wyoming first state to launch stablecoin. Bessent…
In brief Dogecoin whales have accumulated 300M DOGE tokens over the past week, as short-term holders sell at a loss. The profitability of investors who purchased the dog-based meme token over the past 30 days hovers around 9% after the recent crypto market correction. Experts suggest this capitulation is a forced transfer of wealth from…
In brief Bitcoin ETFs recorded $645 million in outflows across two days, with Fidelity’s FBTC leading redemptions Tuesday at $246.9 million. Analysts attributed the outflows to investors de-risking ahead of Fed Chair Powell’s Jackson Hole speech. The selloff reverses a $4.7 billion inflow streak from mid-July to early August, though analysts characterize the movement as…
In brief SkyBridge Capital boss Anthony Scaramucci predicted that Bitcoin will be “between $180,000 and $200,000” by the end of 2025. He pointed to supply-and-demand dynamics and institutional interest as major drivers. Scaramucci argued that large institutional investors will mainly opt for Bitcoin ETFs over corporate treasuries. Amid Bitcoin’s roughly 6% pullback this week, former…
