Everything web3, crypto, defi, degen
In brief Charles Schwab is interested in introducing a stablecoin, its CEO told investors this week. The potential stablecoin initiative comes as Schwab prepares to offer spot Bitcoin and Ethereum ETFs to its clients. Schwab is one of several large financial services firms exploring issuing its own stablecoin. Charles Schwab would like to issue its…
In brief Barstool Sports founder Dave Portnoy said he sold his XRP bag two weeks before its record-setting price surge. XRP broke its 2018 record price mark on Thursday, setting a new all-time high of $3.65. Portnoy claims he would have made “millions” if he hadn’t sold at a price of $2.40. Barstool Sports founder…
CRYPTO MARKET CAP TOPS $4T, XRP HITS ATH, ETH TREASURIES HEAT-UPXRP hits ATH, ETH nears $4k. BlackRock files to add staking to ETH ETF. Crypto market cap hits $4T for the first time. Trump to sign EO allowing crypto in 401k. Trump backs crypto tax exemptions: WH. Sharplink buys $115m ETH, to raise $6b to…
Bitcoin dominance has dropped to 61.6%, its lowest level in three months, just as Ethereum surged to a six-month high and the global crypto market cap topped $4 trillion. This marks the most decisive capital rotation into altcoins since April, suggesting the early stages of a new alt-season.What’s HappeningBTC Dominance Breaks DownBitcoin’s share of the…
In brief The total market capitalization of all cryptocurrencies hit $4 trillion Friday morning. Bitcoin’s market cap swelled to $2.4 trillion, and Ethereum $440 billion, as institutional inflows accelerated. Bitcoin ETFs pulled in $522.6 million Thursday alone, the second straight week topping $2 billion, with BlackRock’s IBIT capturing $497.3 million of the flows. For the…
In brief Bitcoin has climbed back to $120,000 after briefly pulling back to a local bottom $114,000. Institutional flows have resumed, with ETF inflows and treasury adoption gaining ground. Analysts point to macro headwinds including inflation risk, geopolitical tensions, and the potential for a dollar rebound. Bitcoin has reclaimed the $120,000 mark following a brief…
Ripple’s XRP surged to a new all-time high of $3.55 on July 17, climbing more than 36% over the past week and over 13% over the past 24 hours.The rally marked XRP’s first break above its 2018 peak and came amid a broader altcoin resurgence.The surge comes amid a wider altcoin rally led by Ethereum…
In brief XRP has hit a new all-time high, with other altcoins seeing explosive gains. Solana jumped 11.44% to $175 this week, breaking key price resistance zones and technical indicators confirming trend strength. Will SOL follow XRP and Ethereum “higher”? Let’s take a look at the charts. It certainly feels like altcoin season is in…
In brief XRP price set a new all-time high on Thursday, finally topping the seven-year old record. It previously peaked at $3.40 in 2018 during the ICO boom, per data from CoinGecko. Despite regulatory headwinds, which have mostly dissipated, XRP Ledger has been adopted by hundreds of financial institutions. The price of XRP rose to…
In brief The Nasdaq has filed a 19b-4 rules change request that would allow BlackRock’s iShares Ethereum Trust ETF to add staking. The filing is the latest for Ethereum funds hoping to include staking functionality. Ethereum funds have pulled in $2.3 billion worth of investment over a nine-day streak. BlackRock aims to include staking in…
