Bitmine Ether buys eclipsed by $345M ETH ETF $345M outflows: Is sub $1.5K next?
Tokenization and RWA TVL growth highlight Ethereum’s fundamentals, but stagnant DApps and spot ETF outflows keep the pressure on ETH price. Source：Cointelegraph
Financial companies join forces for US dollar stablecoin, keeping reserve earnings
The project, supported by Visa, Mastercard and many crypto companies, could be in a position to challenge Tether’s USDT and Circle’s USDC, currently the two…
SEC giving novel ETFs a rethink as it opens comment period on overhauling U.S. rules
Managers of exchangetraded funds, including those in the crypto sector, may see some changes at the Securities and Exchange Commission as it weighs its…
Warsh says he’s determined to slay inflation. Investors want to know if he really means it.
New Federal Reserve Chairman Kevin Warsh isn’t a stranger on Wall Street, but the mystery to investors is whether he’s committed as he sounds to stamp out U.S.…
Bitcoin nears 2024 lows as options traders pay up for downside protection
Bitcoin and ether slid toward key support price levels. DeFi tokens were hit hardest, even as XLM and LIT bucked the broader market weakness. Source：CoinDesk
Ether, solana and dogecoin slide as Strategy's bitcoin sales plan pressures market
Bitcoin held below $60,000 as a surging dollar kept crypto pinned. Onchain demand stayed quiet through the week's losses, and Strategy's plan to possibly sell…
Tether trades at 7% to 10% premium in India. Exchanges say its just supply and demand
Executives at major platforms CoinDCX and CoinSwitch say the premium reflects a demandsupply imbalance and thin local liquidity. Source：CoinDesk
Bitmine lifts Ether holdings to 5.7M as it joins Russell 1000
Bitmine purchased about $43 million worth of Ether last week as it entered the Russell 1000 Index, bringing it closer to its goal of owning 5% of ETH’s supply.…
Bitcoin faces critical test as bulls aim to hold $60K: Did BTC bottom?
Bitcoin’s loose hold on $60,000 and soft futures markets raise questions about whether BTC has bottomed. Source：Cointelegraph
Crypto analytics firm Chainalysis proposes standards for blockchain tracing
The blockchain analysis company published a proposed ontology for how investigators can identify clusters of crypto addresses and link them together.…
BlackRock pushes deeper into DeFi with Ethena integration, sending ENA up 8%
The deal adds Ethena's yieldgenerating token to BlackRock's risk management platform and create a $100 million liquidity facility for BlackRock's tokenized…
Tom Lee blames crypto weakness on quarter-end 'window dressing' as Bitmine adds another $43 million of ETH
Bitmine made its smallest purchase since early May as Lee pointed to investors cutting losses before the start of the second half of the year. Source：CoinDesk