Tag: Crypto

Ethereum Price Eyes $4K as GENIUS Act Vote Sparks Bullish Surge

TL;DR GENIUS Act vote may unlock billions in stablecoin demand directly into the Ethereum network. Ethereum ETFs just recorded their biggest inflows since launch, reflecting deepening institutional activity. Liquidations for ETH are well above $100 million daily, given today’s price correction, but the asset is well ahead weekly. GENIUS...
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SEC Approves ProShares XRP ETF—Launch Imminent

TL;DR New XRP ETF offers double daily exposure using futures, not direct token ownership. XRP rises 25% as ETF launch and crypto legislation align, fueling trading interest this week. ProShares Ultra XRP ETF Approved for NYSE Arca Listing The US Securities and Exchange Commission has approved the listing of...
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Bitcoin Rally Stalls as Long-Term Holders Cash Out

Bitcoin BTC retreated from Monday’s record high of $123,000 to trade below $117,000, about 5% below the peak, as investors locked in gains earned during the weekend rally in one of the largest profit-realization events for bitcoin this year. Glassnode data shows that investors collectively realized $3.5 billion in...
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Grvt Launches On-Chain Investment Marketplace Featuring Institutional Strategies

Grvt on Tuesday announced it has launched a new product called “Strategies,” described as the world’s first compliant, peer-to-peer, on-chain investment marketplace. Built on zkSync and governed by smart contracts, the platform allows users to allocate capital directly to investment strategies managed by institutional funds, trading firms, and professional...
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Ondo turbocharges DeFi with Bitget wallet & new acquisition

Bitget Wallet will support Ondo’s tokenized securities at launch this summer, as Ondo Finance boosts its infrastructure by acquiring blockchain developer Strangelove. Bitget Wallet has just announced it will support Ondo Finance’s tokenized stocks, ETFs, and RWAs at launch this…...
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