Figure and Gemini join a list of other companies with interests in crypto aiming to launch IPOs, including Grayscale and BitGo.
The tokenized gold structure lets U.S. retirement investors earn yield on crypto protocols while keeping tax advantages.
Learn how a North Korean group used 31 fake identities to infiltrate crypto firms and steal $680,000 from Favrr. Inside their tools, tactics and deception.
98.27% of SOL stakers that voted approved the proposal, with only 1.05% voting against and 0.36% abstaining. In total, 52% of the network’s stake participated in the vote.
Yunfeng joins companies including SharpLink Gaming and Bitmine Immersion Technologies that have begun pursuing an ether treasury strategy in recent months.
The funding will be used to support SonicStrategy's treasury, validator operations, and blockchain investments, and can convert to common stock at $4.50 per share.
Ethereum is facing a pivotal moment as it struggles to hold above the $4,400 level after several days of heavy volatility and persistent selling pressure. The market’s recent downturn has put bulls on the defensive, with the threat of a deeper correction looming if support levels give way. Despite the uncertainty, Ethereum continues to attract significant interest from large investors, reinforcing the narrative of long-term confidence in the asset. Related Reading: Ethereum Demand Stays Strong As Exchange Reserves Keep Falling – Details Capital rotation between Ethereum and Bitcoin remains one of the defining themes of this market cycle. While Bitcoin has shown signs of weakness following its recent highs, Ethereum has benefited as institutions and whales shift capital toward the second-largest cryptocurrency. This trend suggests that Ethereum’s role as a core market driver is becoming even more pronounced. According to the latest data from Santiment, Ethereum whales have added massive amounts of ETH to their portfolios in just the past 24 hours. Such aggressive accumulation highlights growing conviction among large players, even as retail investors show signs of fear. Whales Add $1.1B In Ethereum As Capital Rotates From Bitcoin Analyst Ali Martinez reports that whales purchased 260,000 ETH in the past 24 hours, valued at around $1.1 billion. This staggering figure is not just another sign of demand—it confirms a dynamic shift unfolding across the market, where smart money is rotating out of Bitcoin and into Ethereum. Despite the heavy volatility and recent pullback, Ethereum continues to display remarkable resilience compared to Bitcoin. While Bitcoin has been losing key support levels and showing signs of weakening momentum, Ethereum has managed to hold above critical structural demand zones. This divergence between the two leading assets underscores the increasing confidence institutions and whales are placing in Ethereum’s long-term potential. Whale accumulation on such a scale often precedes significant market moves, as large holders tend to position ahead of broader market participants. The inflow of $1.1 billion into ETH highlights that major players see value at current levels, even as the market consolidates. As capital rotation intensifies, Ethereum is reinforcing its position not only as the leading altcoin but as a market driver in its own right. Analysts suggest that this could set the stage for a decisive breakout in the weeks ahead, with ETH potentially outpacing Bitcoin’s performance if current trends continue. The coming days will reveal whether this whale-driven demand is enough to fuel Ethereum’s next major rally. Related Reading: Binance Network Activity Outpaces Ethereum As Active Addresses Double Since April Ethereum Price Analysis: Key Support Under Pressure Ethereum (ETH) is currently trading at $4,384, showing signs of consolidation after several days of volatility and selling pressure. The chart highlights that ETH is testing critical support levels, with the 200-day moving average (red line) around $4,236 acting as a major demand zone. Holding this level is crucial, as a breakdown could accelerate losses toward the $4,000 psychological mark. The 50-day (blue line) and 100-day (green line) moving averages are hovering slightly above price action, showing ETH struggling to reclaim momentum in the short term. Multiple rejections around the $4,600–$4,700 range over the past weeks reveal strong supply pressure, with sellers actively defending higher levels. Related Reading: Solana Investors Cash Out Nearly $1-B As SOL Tests Key Price Level Despite the current weakness, ETH has managed to hold a higher low structure compared to its July base near $3,500, which suggests the broader uptrend remains intact. However, trading volume has declined, signaling reduced conviction among bulls. For ETH to regain strength, it must reclaim the $4,500 level and flip it into support. Failure to do so leaves ETH vulnerable to further downside. In the short term, the $4,200–$4,250 region remains the line in the sand for bulls to defend. Featured image from Dall-E, chart from TradingView
The crypto exchange said Tuesday that it plans to raise up to $317 million, with an initial target stock price of between $17 and $19 a share.
Pineapple Financial launched a $100M Injective treasury as the SEC reviews Canary Capitals staked ETF proposal.
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Strategy, the business intelligence firm formerly known as MicroStrategy, has reinforced its Bitcoin position with another large purchase. In a Sept. 2 filing with the US Securities and Exchange Commission (SEC), the company reported acquiring 4,048 BTC for $449.3 million, paying an average of $110,981 per coin. The move lifts Strategy’s total Bitcoin balance to […]
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Bitcoin surprises with upside volatility in line with gold, but the risk of a return to test $100,000 is on the cards "in the coming days," a trader warns.
XRP is trading near $2.82, up about 2% on the day but down over the past week and month. The SEC lawsuit is settled, and regulatory signals in the U.S. have tilted more positively in recent months. Still, uncertainty remains the defining theme across markets. With the Federal Reserve weighing possible interest-rate cuts and new …
XRP trades between $2.70–$2.83 in volatile session; whales add nearly $960M worth of tokens as technicals hint at a potential breakout.
Tokenized equities have not been without controversy as global regulators and stock exchanges have pushed back against this new use of blockchain technology.
Around 80% of the top 10 largest holders of World Liberty Financial’s WLFI token took profits within a day of the asset’s launch. On Sept. 2, pseudonymous blockchain analyst Aixpta reported that eight of the top ten WLFI holders had either partially or fully sold their positions. According to the analysis, only the second and […]
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U.S. stocks opened sharply lower after the three day weekend, but have narrowed those losses.
The partnership allows US investors to hold vaulted gold in self-directed IRAs, providing exposure to regulated DeFi strategies.
The Improbable-backed blockchain says it processed over 10 billion testnet transactions and lists Google Cloud among its validators.
The Peter Thiel-backed Ethereum digital asset treasury is seeking higher yields by deploying on the top liquid staking protocol.
BitMine Immersion Technologies, the world’s largest corporate Ether holder, said it holds 1.87 million ETH — more than 1.5% of the total supply.
The BNB price has recently entered a new growth phase after setting a fresh all-time high (ATH) of $900.8 in August, surpassing last year’s peak of $793. When writing, a minor correction to the 20-day EMA has pushed BNB near $851, despite that the momentum surrounding its price remains intact. This stable price action is …
The firm also named Alex Spiro, high-profile attorney and Elon Musk's lawyer, as chairman of the board effective immediately.
Bitcoin can rise toward $140,000 next and push higher over the next year if it repeats past gains seen after gold’s record highs.
BitMine grew its ETH treasury to $8.98B and unveiled its Alchemy of 5% plan, with Tom Lee comparing Ethereum to Wall Streets 1970s boom.
The post Tom Lee’s Ethereum treasury BitMine acquires over 153K ETH, holdings approach 2 million appeared first on Crypto Briefing.
Gaia Labs’ AI smartphone and Solana’s latest devices highlight a renewed push to merge blockchain features in consumer tech.
XRP is trading below $3 after repeated rejections above $2.8 in the past 24 hours. A new chart analysis from crypto MadWhale shows the pressure building inside a descending channel that might push the XRP price down to $2.4. However, what stands out in his analysis is not just the price target; it’s the bigger question of whether XRP is starting to behave like a meme coin that is being controlled by crowd psychology and whale activity. XRP’s Psychological Cycle That Resembles Meme Coins In his analysis, which was posted on the TradingView platform, crypto analyst MadWhale outlined the repeating psychological cycle that often dominates meme coin markets and suggested that XRP may not be immune from it. Related Reading: Analyst Says XRP Price Is Yet To Hit Its First Bearish Target – Details The cycle begins with excitement, where social media buzz generates hype, followed by greed as traders rush in without much thought. This stage then shifts into social proof, when influencers amplify the golden opportunity narrative to pull in new investors at peak prices. It is at this very moment that whales begin quietly offloading their positions and cause the meme coin to enter a sharp correction. The result is panic selling by small traders, culminating in a capitulation where whales buy back cheap, restarting the cycle all over again. According to MadWhale, this trend is not limited to meme coins alone, but XRP’s current trading behavior is showing signs of fitting the same mold. MadWhale described whales as “masters of illusion,” capable of buying large chunks to pump the price, spread optimism, and then sell into the frenzy. This strategy is starting to create a cycle of retail fear and greed in XRP, where smaller traders are often left holding losses while whales re-enter the market at bargain prices. He noted that technical tools like Volume Profile, RSI, and the Fear and Greed Index can expose these plays. For instance, heavy volume accumulation at specific levels combined with overbought RSI readings and extreme greed sentiment show the perfect moment when whales start selling. Descending Channel Points To $2.40 Target According to MadWhale’s chart, XRP is trading within a well-defined descending channel that has shaped its price action since July 19. The repeated rejections around the $3 price zone have caused lower highs that have made it increasingly difficult for bulls to mount a sustained breakout. The most recent rejection was at $3, and the ensuing selling pressure has caused XRP to create successive 12-hour bearish candlesticks. Related Reading: XRP Price Gets $20 Target: The 2 Scenarios That Could Play Out From Here The analyst’s projection on the chart shows a possible 14% decline to another major support resting around $2.40. This zone has been identified as the main daily support area, and reaching it would mark the latest stage of XRP’s corrective move inside the channel. On the other hand, any rebound attempts would first need to clear the $3 resistance. At the time of writing, XRP is trading at $2.80, up by 1.4% in the past 24 hours. Featured image from Getty Images, chart from Tradingview.com
The rebound from support was fueled by above-average activity and a clean break above nearby resistance could shift sentiment.
The expansion of xStocks aims to integrate tokenized stocks with Ethereum’s vast DeFi ecosystem., the firms said.
The combined market cap of the 13 U.S.-listed bitcoin miners the bank tracks reached a record high last month.
The PYTH price is in decline mode, which is not something many are happy about, because no investor wants their gains to reduce when such a strong spike came last week. But the experts find PYTH is undergoing a healthy correction after rallying sharply in late August. Since, after a 130% surge to $0.26, the …