Spot Bitcoin ETFs saw $131.35 million in outflows on Monday, ending a 12-day streak that pulled in $6.6 billion.
JPMorgan Chase is reportedly preparing to offer loans backed by client-held digital assets, including Bitcoin and Ethereum, marking a direct engagement with crypto collateralization by a global systemically important bank for the first time. The plan, reported by the Financial Times and Reuters, would expand an existing effort by the bank to accept spot Bitcoin […]
The post GENIUS Act makes immediate impact as JP Morgan looks to allow crypto as collateral for lending appeared first on CryptoSlate.
Trump Media experienced a notable uptick in its stock price (DJT) on Monday, closing up 3% after an intraday rise exceeding 5% to reach $19,25 per share. This surge followed the company’s announcement that it had invested $2 billion in Bitcoin (BTC). Two-Thirds Of Assets To Bitcoin Treasury The media group, which encompasses President Donald Trump’s social media platform Truth Social, the streaming service Truth+, and the financial services brand Truth.Fi, revealed that the recent cryptocurrency purchases align with a strategy initially outlined in May to establish a Bitcoin treasury. According to Trump Media, these Bitcoin assets now represent two-thirds of its total $3 billion in assets, signaling a deepened financial commitment to the world’s largest cryptocurrency. Related Reading: $331M In Shorts At Risk As Ethereum Targets Key Supply Level Devin Nunes, CEO and president of Trump Media, emphasized the company’s unwavering focus on executing its publicly announced strategy. He stated that these assets are designed to secure the company’s “financial independence” and protect it from potential discrimination by financial institutions. Furthermore, Nunes mentioned plans to introduce a utility token within the Truth Social ecosystem, which could enhance user engagement and create new revenue streams. In addition to acquiring Bitcoin, Trump Media has allocated $300 million towards an “options acquisition strategy” focused on Bitcoin-related securities. Trump’s Regulatory Push Trump’s support for a more supportive regulatory environment in Washington, D.C., has resulted in significant price increases and surging adoption by public traded companies in the digital asset industry. Recently, President Trump signed legislation that establishes the first federal framework for dollar-backed stablecoins, a significant endorsement expected to foster greater adoption of these digital assets under the GENIUS Act. This move coincides with the launch of World Liberty Financial, a new crypto startup supported by Trump and his sons, which recently introduced its own US dollar-pegged stablecoin, USD1, in collaboration with BitGo. Related Reading: Too Pricey? Expert Says XRP Beats Bitcoin And Ethereum Right Now Trump Media’s ambitious plans include raising $2.5 billion to further expand its Bitcoin treasury. This approach, which blends public equity and debt issuance, has drawn inspiration from Michal Saylor’s pioneering efforts at Strategy (previously MicroStrategy), where the company’s transformation into a Bitcoin powerhouse began in 2020. Despite the stock’s recent rally, the performance of Trump Media has been volatile. Since announcing its Bitcoin treasury strategy in late May, the stock has fallen 25%, and it is down 45% year-to-date. On the other hand, Bitcoin recently reached a new record price above $123,000. Since then, however, the cryptocurrency has struggled to consolidate within its latest range of $118,000 to $119,000 and has fallen back toward its current valuation of $116,960. Featured image from DALL-E, chart from TradingView.com
In the last 30 days, XRP price has surged an impressive 67.2%, outperforming almost every major cryptocurrency, including Bitcoin (14.4%), Ethereum (62.1%), Solana (45.5%), BNB (19.5%), and Cardano (58.3%). In just the past seven days, XRP jumped another 21%, reaching $3.47. But that’s not all on the XRP/BTC chart; a major technical development has caught …
Pi Coin is making waves today, rising 7.7% to trade at $0.4866 following a technically significant falling wedge breakout. This price rally, driven by a massive spike in trading volume and favorable market sentiment, marks a potential turning point for the token after weeks of consolidation. As Pi’s app ecosystem expands rapidly, market participants are …
This is the first recorded outbound transfer since June 10, 2022, when it moved 3,505 BTC (worth some $102 million at the time) to Coinbase.
SpaceX has just made a major on-chain Bitcoin move for the first time in 3 years. According to data from crypto analytics platform Arkham, SpaceX transferred 1,308 BTC (worth around $152 million) to an unknown wallet earlier today. SpaceX Moves BTC for First Time Since 2022 The transaction occurred at 13:09 (UTC+8) and is the …
ARK Invest has restructured three ETFs, selling Coinbase and Roblox shares to buy 1.5% stakes in Ethereum treasury firm Bitmine across its portfolios.
Investors who bought ETH when Eric Trump made his Feb. 4 post are sitting on an unrealized gain of 30% despite a drawdown earlier this year.
Bit Origin CEO Jinghai Jiang said the company adopted Dogecoin for its treasury because they see its “utility potential for micropayments nearing an inflection point.”
The crypto market took a dip today, with top altcoins like XRP, Ethereum (ETH), Stellar (XLM), and Hype seeing losses, despite strong regulatory signals from SEC Commissioner Paul Atkins. Atkins appeared on CNBC confirming that the U.S. government has effectively given crypto and Bitcoin a “stamp of approval.” He praised recent progress, including the signing …
House Republicans have proposed a plan to trim the SEC’s budget and cut enforcement funding for a Biden-era rule requiring public companies to quickly report cyberattacks.
An analyst has explained how Ethereum could be eyeing $10,000 next, if it manages to break past the resistance line of this technical analysis pattern. Ethereum Is Nearing A Retest Of This Resistance Line In a new post on X, analyst Ali Martinez has talked about how ETH is looking from the perspective of a technical analysis (TA) pattern. The pattern in question is a Parallel Channel, which forms whenever an asset’s price witnesses consolidation between two parallel trendlines. Related Reading: Bitcoin Correlation To Altcoins Is Collapsing: A Warning Sign? There are a few different types of Parallel Channels, but the one of interest in the current discussion is the variant that has its trendlines parallel to the time-axis. This type appears when the cryptocurrency shows consolidation in an exactly sideways manner. Like other consolidation patterns in TA, the upper level of the Parallel Channel is assumed to be a source of resistance and the lower one that of support. A break out of either of these bounds can signal a continuation of trend in that direction. That is, a surge above the channel can be a bullish signal, while a fall below it may be a bearish one. Now, here is the chart shared by the analyst that shows the Parallel Channel that the 1-week price of Ethereum has been trading inside for the last couple of years: As is visible in the above graph, Ethereum retested the lower level of the Parallel Channel earlier in the year and successfully found support at it. Since then, the coin has been marching up and its latest rally has brought it close to the upper level of the pattern, situated around $4,000. ETH has tested this level three times during the last couple of years and all of the instances resulted in it being rejected. In the scenario that the asset can find an escape this time, however, a bullish breakout might follow. “If Ethereum $ETH can break past $4,000, we could be looking at $10,000 next!” notes Martinez. The level is based on the fact that Parallel Channel breakouts can end up being of the same length as the height of the channel. It now remains to be seen if Ethereum will retest the upper level of the pattern in the near future and whether it would be able to find a break. Related Reading: This Ethereum Metric Called The Bottom Ahead Of Rally, Says Analytics Firm In some other news, ETH has seen a surge in the supply held by First Buyers, according to data from the on-chain analytics firm Glassnode. First Buyers refer to the ETH investors who have purchased the cryptocurrency for the first time. The supply held by this type of holder has increased by 16% since early July, indicating that fresh inflows have been coming into the asset. ETH Price Ethereum has seen a rally of more than 25% in the past week, which has brought its price to $3,750. Featured image from Dall-E, Glassnode.com, charts from TradingView.com
This week marks a turning point for two lesser-known but rapidly emerging tokens, Strike (STRK) and Spark (SPK). In mere 24 hours, both the tokens have witnessed dramatic rallies, bolstered by strong technical breakouts and strategic ecosystem updates. With retail traders and whales stacking in, Strike and Spark prices are flashing signs of momentum unseen …
Solana (SOL) Price today has made a powerful comeback, jumping over 12% in the past 24 hours to trade above $200, a level it hasn’t touched since February. This rally is not just another price spike. It’s being seen as a signal of growing investor confidence, deepening liquidity, and renewed interest in the Solana ecosystem. …
JPMorgan Chase is exploring a plan to let select clients borrow cash against their Bitcoin and Ethereum holdings, a move that would mark a major turn for the world’s biggest bank and its long‑skeptical CEO, Jamie Dimon. The effort comes as U.S. rules around crypto are starting to clear up and client demand grows louder. …
India’s crypto ecosystem just got a major boost. Hashed Emergent and Black Dot Policy Advisors have unveiled the COINS Act, a bold blueprint for crypto regulation in India. This is a first-of-its-kind model law, which focuses on clarity, innovation, and user rights. This is a big step toward establishing a progressive and consistent approach to …
TD Cowen defends Strategy’s Bitcoin premium, saying per‑share BTC has more than doubled in 18 months and forecasting 900,000 coins by 2027.
SpaceX's Bitcoin movement may signal strategic financial maneuvers, impacting market perceptions and future corporate cryptocurrency strategies.
The post Elon Musk’s SpaceX moves $153M in Bitcoin for first time in 3 years appeared first on Crypto Briefing.
As of 2025, Spain is strengthening its crypto regulatory framework, aligning it with global standards. With a transparent, secure, and highly regulated market this year, Spain is reinforcing its reign over digital assets. Additionally, the government is providing clarity in the regulations to prevent crypto-related risks in the financial space while enhancing the fintech sector …
Coinbase’s new contracts offer 5-year durations while touting lower fees, as it aims to lure U.S. traders from offshore platforms.
Bitcoin and Ether futures with 10x leverage and a 5-year expiration are now available to US users of Coinbase.
Ether Machine’s Andrew Keys said he’s an Ethereum maxi and doesn’t own Bitcoin. He’d “rather have an iPhone than a landline.”
Bitcoin’s recent price movement reflects a pause in the broader uptrend, with the asset trading at $117,901 following a near 5% weekly decline. While the current downturn may signal a cooling of investor enthusiasm, on-chain indicators suggest the market may still have room to expand before reaching an exhaustion point. Notably, activity among long-term holders and derivatives traders reveals continued interest and potential for price volatility. One of the standout indicators drawing attention is the Spent Output Profit Ratio (SOPR) for long-term holders (LTH), which has climbed to a new high for 2025. Related Reading: Bitcoin Climbs, But NVT Indicator Sends a Surprising Signal SOPR Suggests Continued Room for Growth Before Cycle Peaks According to CryptoQuant analyst Gaah, this metric tracks the profitability of coins moved by holders who have kept their Bitcoin for more than 155 days. The latest reading shows that LTHs are beginning to sell at a profit, but the indicator has yet to reach historically critical levels associated with market tops. Gaah emphasized that although LTH SOPR has crossed the mid-range and currently sits slightly above 2.5, it remains well below the 4.0 threshold historically linked with macro tops in previous cycles. This implies that long-term investors are realizing gains, but not to an extent that would suggest market euphoria or widespread distribution. In past bull cycles, SOPR readings above 4.0 marked the onset of significant corrections or cycle tops. The gradual increase in profit-taking could indicate that the market is maturing while maintaining upward potential. Gaah notes that investors should interpret this as part of the natural progression of a bullish phase, though risks of correction still remain. The ongoing accumulation and realization patterns from LTHs provide insight into how confidence and caution can simultaneously exist in market behavior. Derivatives Market Remains Active Amid High Open Interest and Bullish Funding Rates In a separate analysis, CryptoQuant analyst Arab Chain highlighted ongoing activity in the Bitcoin derivatives market as another crucial component of the current market landscape. Open interest, which represents the total number of outstanding futures contracts, remains elevated near $42 billion. This level, though slightly down from recent peaks, is still near historical highs and reflects strong trader participation. Arab Chain also highlighted the role of funding rates in shaping market sentiment. Currently, rising funding rates suggest dominance by long positions, indicating a bullish market environment. Related Reading: Hold On For Dear Life: This Bullish Bitcoin Metric Just Touched A 15-Year High When this sentiment is paired with high open interest, it may point to heightened risk of volatility, especially in an environment where leveraged trades are becoming more frequent. The analyst warned that a sudden price move could lead to widespread liquidations if funding becomes unsustainable, forcing exchanges to close out positions. Featured image created with DALL-E, Chart from Tradingview
Ethereum, the second-largest cryptocurrency, has been gaining ground lately, trading close to $3,800, its highest level in months. But well-known gold advocate and crypto critic Peter Schiff believes this is the perfect time for holders to exit. In his latest post on X, Schiff suggested that Ethereum is nearing the top of its trading range …
The US banking groups have urged the Office of the Comptroller of the Currency (OCC) to delay its decision on granting national banking charters to crypto firms, Rippe and Circle. Agencies like the American Bankers Association, along with many other banks and credit union trade groups, raised concerns about the lack of transparency in applications …
XRP has officially broken out of a key technical pattern, and it could be the start of another big rally. Crypto analyst Ali Martinez recently shared a chart showing XRP’s breakout from a symmetrical triangle, a technical formation often seen before large price moves. According to Martinez, the breakout opens the door for XRP to …
Western Union joins a growing list of firms exploring stablecoins as the GENIUS Act brings new clarity to U.S. regulations.
Solana (SOL) has surged above the $200 mark, reigniting bullish momentum across the altcoin market. With strong institutional tailwinds and solid on-chain growth, SOL’s price action has captured investor attention yet again. The latest move stems not from hype alone, but from a combination of strong technical breakout patterns, rising derivatives volumes, and growing confidence …
Following the latest transaction, SpaceX currently holds 6,977 BTC, worth $825 million, according to Arkham