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ETH Rises 10%, Outpacing Bitcoin Gains as ETF Demand and Bitmine Buys Accelerate

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Ethereum Ether (ETH) is stealing the show in Monday’s crypto rally, hitting a six-week high as investor demand shows signs of returning to the second-largest digital asset after months of steep decline. Ethereum’s native token, ETH, has surpassed $2,300, gaining more than 10% in the last 24 hours. That easily outpaced Bitcoin’s 3% advance and […]

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T. Rowe Price, a $1.8 trillion asset manager, is set to place dogecoin (DOGE) and shiba inu (SHIB) in its new crypto ETF.

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T. Rowe Price has filed to hold a wide range of digital assets in its new exchange-traded fund (ETF), including Bitcoin, Ether, Dogecoin and Shiba Inu. The asset manager, which manages $1.8 trillion in assets, filed an amended S-1 registration statement with the U.S. Securities and Exchange Commission (SEC), offering new details about its proposed

T. Rowe Price, a $1.8 trillion asset manager, is set to place dogecoin (DOGE) and shiba inu (SHIB) in its new crypto ETF. Read More »

MSTR added 22,337 BTC last week, marking another mammoth purchase

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Strategy (MSTR), the world’s largest publicly traded Bitcoin holder, continued its extensive weekly buying streak, adding $1.57 billion worth of BTC, according to a filing Monday. Led by Executive Chairman Michael Saylor, the company added 22,337 bitcoins at an average price of $70,194 per coin, bringing its holdings to 761,068 coins, acquired for $657.61 billion,

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buys 60,999 ether (ETH) as Tom Lee touts crypto strength amid Iran war

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Bitmine Immersion Technologies (BMNR), the largest ether-focused treasury company, purchased 60,999 ether (ETH) last week as it continues to build its holdings in the second-largest cryptocurrency by market capitalization. In symbolic terms, the purchase was the largest made by the company this year, although it was only a slight increase from 60,976 ETH the previous

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Crypto wealth platform Abra to go public via $750 million SPAC deal

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Crypto wealth platform Abra has announced plans to go public through a merger with special purpose acquisition company New Providence Acquisition Corp. III in a deal that values ​​the company at $750 million. The combined company will be renamed Abra Financial Inc. and is expected to be listed on Nasdaq under the symbol ABRX, according

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Why This Boring Stablecoin Is Suddenly The Hottest Crypto Trade

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Shares of stablecoin issuer Circle (CRCL) have surged more than 100% over the past month, transforming what many investors once considered one of the most conservative corners of crypto into one of the hottest deals on the market. The rally accelerated on Monday, with the stock climbing another 8% to $124.37, outpacing other crypto-related stocks.

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The Foundation’s new mandate sparks debate on its role and priorities

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The Ethereum Foundation’s new mandate — an ambitious document released Friday to clarify the organization’s role and principles — has sparked a torrent of reactions, with its supporters hailing it as a long-overdue expression of blockchain ethics and its critics saying it reinforces the foundation’s hands-off approach at a time when Ethereum needs stronger leadership

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Institutional Investors Hold On Despite Bitcoin Slowdown, Says Bitwise CIO Matt Hougan

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Institutional investors may prove to be more resilient Bitcoin holders than expected, according to Bitwise CIO Matt Hougan, who says ETF flow data suggests professional investors largely held on to their positions during the crypto market’s steep decline. “The best evidence we have is in the ETF market,” Hougan said. “Bitcoin ETFs have accumulated approximately

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BTC rises 4%, approaching the $75,000 level for the first time in six weeks

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Cryptocurrencies started the week on solid footing with bitcoin BTC$73,363.11 surged above $74,000 and U.S. stocks rebounded as oil prices fell. In US morning trading, BTC hit its highest price since early February at $74,500, up 3.9% in the past 24 hours. The largest cryptocurrency broke out of its six-week range, strengthening sentiment across the

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Bitcoin (BTC) Climbs As Iran Conflict Tests Case For Cryptocurrency As Safe Haven, Says Bernstein

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Bitcoin BTC$74,244.92 The recent strength amid geopolitical uncertainty reflects a fundamental shift in the asset’s ownership structure, according to Wall Street broker Bernstein. The cryptocurrency climbed about 7% last week, while ether (ETH) gained about 9%, outperforming gold and global stock indexes as markets reacted to the escalating global conflict. The broker said the performance

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