Wells Fargo boosts BlackRock Bitcoin ETF stake from $26 million to $160 million in Q2
Wells Fargo’s increased investment in Bitcoin ETFs signals growing institutional confidence in cryptocurrency as a mainstream asset class. The post Wells Fargo boosts BlackRock Bitcoin ETF stake from $26 million to $160 million in Q2 appeared first on Crypto Briefing....
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Coinbase Closes Deribit Deal as Crypto Derivatives Skyrocket
Coinbase has officially completed its acquisition of Deribit, the world’s leading crypto options exchange, in a strategic move that significantly expands its derivatives trading capabilities. “This milestone marks a major step forward in our mission to build the most comprehensive, trusted platform for global crypto derivatives trading,” the firm...
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Solana ETF stalls as SEC delays decision on proposals
The push to launch a U.S.-listed Solana ETF has hit another pause. The Securities and Exchange Commission has pushed back its decision on multiple proposals, adding fresh uncertainty. In separate filings on August 14, the SEC announced its decision to…...
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Altcoin Season Could Begin in September as Bitcoin’s Grip on Crypto Market Weakens: Coinbase Institutional
Altcoin season may be weeks away, according to Coinbase Institutional’s latest monthly outlook, which forecasts a shift in market leadership from bitcoin to alternative cryptocurrencies beginning in September. Altcoin season refers to a market phase when cryptocurrencies other than bitcoin — often led by Ethereum’s ETH, Solana’s SOL, and...
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More Surprises In Store? Bitwise CIO Lists Four Catalysts The Crypto Market Is Overlooking
As the market rally continues, Bitwise’s CIO has outlined some of the bullish catalysts that he believes the market is overlooking and could send the crypto market prices substantially higher in the coming months and years. Governments, Central Banks To Push Crypto Prices Higher In a Wednesday memo to...
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Little Pepe projected to soar massively after launch
Ripple’s XRP is eyeing a breakout above $5 after its legal win, but memecoin Little Pepe may outshine it with a potential 3,200% surge post-launch. #partnercontent...
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BIT Mining Stock Sinks 8% After-Hours After Company Reports Deeper-Than-Expected Loss
BIT Mining Ltd. (NASDAQ:BTCM) stock plunged 8% in Thursday’s after-hours trading after the cryptocurrency mining company’s half-yearly earnings disappointed investors. BTCM shares are retreating from recent levels. Watch the momentum here. Revenue Tanks 43%, Costs Shoot Up The company reported a loss of $0.87 per American Depositary Share for...
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XRP Headed to $7? The Expansion Phase Has Begun
TL;DR XRP dropped to $3.00 before rebounding as record selling volume tested major support levels. Over 320 million XRP bought by large wallets suggests renewed institutional accumulation pressure. XRP charts show breakout retest as analysts eye expansion phase with $7 target in sight. Price Drops Sharply After Market Liquidations...
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Sorry, ETH holders…you may have to wait longer for all-time highs
While some Ether holders expect new all-time highs within the next few days, a Nansen analyst believes it may still be weeks to months away....
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Crypto Liquidations Hit $1 Billion As US Rules Out Bitcoin Buying
The cryptocurrency market has been delivered a shock after US Treasury Secretary Scott Bessent said the government doesn’t plan to buy Bitcoin. US Government Doesn’t Plan To Buy More Bitcoin For Strategic Reserve In an interview with Fox Business, Bessant has touched on the topic of the Strategic Bitcoin...
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