Funds offering exposure to Ethereum have been growing at a faster rate than Bitcoin counterparts, underscoring newfound demand for the asset, according to CoinShares Head of Research James Butterfill. Over the past 12 weeks, Ethereum-linked funds’ assets under management have grown 19.5% to $19.6 billion, he wrote in a report on Monday. The AUM of
Crypto detective ZachXBT is calling out Circle again, this time amid the company’s insane Wall Street debut. On X, Zach said: “Circle leadership does not actually care about the industry.” Circle’s IPO launched with below $40 price per share and exploded past $300 in just over a month. At its peak, the company was valued
Donald Trump has used harsh language towards Russia in his statements. He announced that if an agreement cannot be reached with the Moscow administration, 100% “secondary tariffs” will be imposed on Russia within 50 days. Trump stated that these tariffs could be implemented without requiring Congressional approval, saying, “Secondary tariffs are very powerful. We can
Shanghai’s state asset regulator held a closed-door meeting last week to study stablecoins and blockchain infrastructure, signaling potential pilots in city-run enterprises despite China’s nationwide crypto ban. Chaired by He Qing, Director of the Shanghai State-owned Assets Supervision and Administration Commission (SASAC), the meeting discussed how state-owned firms can use blockchain-based tech for cross-border trade, supply
Bitcoin mining stocks led the gains among crypto equities in early trading on Monday after BTC raced to a new a all-time high just shy of $123,000 (it’s since retreated a bit to just under $122,000). MARA Holdings (MARA) traded almost 10% higher at around $20.95 in the first hour after markets opened, while CleanSpark
All things being equal, easier monetary policy tends to be good for risk assets — crypto surely among them. Bitcoin rallied to above $120,000 for the first time ever over the weekend as pressure on hawkish U.S. Federal Reserve Chairman Jerome Powell to step down or be fired amped even higher. Coincidence? To review, Jerome
Digital asset funds saw $3.7 billion of inflows last week, the second-largest figure on record, according to data tracked by crypto asset manager CoinShares. The flows are surpassed only by those in the week ended Dec. 6 last year, when they topped $4 billion, the Jersey-based company said in its weekly roundup on Monday. The
Zerohash is reportedly nearing a $100 million funding round that could value the company at nearly $1 billion. Zerohash Nears Unicorn Status Zerohash, a crypto and stablecoin infrastructure startup, is reportedly close to raising approximately $100 million in a funding round that would value the company at nearly $1 billion. According to a report citing
Israel Salmen, CEO of Meliuz, the first Latam-based bitcoin treasury company, announced that the company is in the final stages of listing its stock on U.S. markets, without issuing new shares. Brazilian Bitcoin Treasury Company Meliuz Ready to List Stock on U.S. Markets Meliuz, the cashback company that became the first Latin American and Brazil-based