Crypto

Crypto

Bitwise CIO: Crypto Winter Is Real And Near Its End

It has been four months of pain. When Bitcoin broke $126,000 in early October, everyone thought the digital gold was ready to fly as high as $150,000.  For a brief moment, it appeared so, until October 10 happened. Since then, not only have bears been pressing on, but they are having a field day. The

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Crypto

Blockstream’s Adam Back Addresses Epstein Links as DOJ Releases New Files

Following the January DOJ disclosures, Swissblock economist Henrik Zeberg said anyone visiting Epstein’s island after 2008 has a moral compass that is broken. Blockstream CEO Adam Back responded to renewed attention around the company after newly unsealed Jeffrey Epstein documents emerged as part of a large US Department of Justice disclosure. In a public

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Crypto

What crash? Binance’s CZ rejects claims platform caused $19b crypto crash

Changpeng “CZ” Zhao, co-founder and former CEO of Binance, defended the world’s largest cryptocurrency exchange against accusations that it played a central role in last October’s $19 billion market crash. Speaking in a live ask-me-anything session on Binance’s platform, Zhao called such claims “far-fetched” and said they ignore broader market dynamics, Bloomberg reports. Summary Zhao

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Crypto

Bitcoin slides out of top 10 global assets by market value

Bitcoin has fallen out of the top 10 global assets by market capitalization, dropping to 11th place amid a major downturn in digital asset markets. The leading crypto asset’s market cap has declined to approximately $1.67 trillion, placing it behind Meta Platforms at $1.86 trillion, TSMC at $1.76 trillion, and Saudi Aramco at $1.66 trillion,

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Crypto

Ethereum (ETH) Pattern Signals 4X Rally? 2017 Setup Returns

Ethereum trades above $3,000 as analysts compare its current structure to the 2017 rally, with rising open interest, record wallets, and key levels in focus. Ethereum (ETH) has moved above the $3,000 level, drawing attention to its current market structure. Analysts are comparing it to the structure seen in 2017, where ETH moved from

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Crypto

Crypto faces critical period if Clarity Act fails

The cryptocurrency industry faces a critical three-year period to demonstrate widespread adoption if the Clarity Act fails to pass the U.S. Senate, according to Bitwise Chief Investment Officer Matt Hougan. Summary Matt Hougan stated that failure to pass the Clarity Act would prevent the current regulatory environment from being codified into law. Reports of friction

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Crypto

Are ETFs the key to a rally?

XRP could be in for a major shake-up this year thanks to a wave of new ETFs hitting the market. Bitwise, Franklin Templeton, and other investment companies are gearing up to launch theirs soon, and Franklin Templeton’s ETF alone is projected to bring in $150-$250 million on the first day. Naturally, everyone’s wondering whether this

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Crypto

BlackRock deposits $348M in Bitcoin and $117M in Ethereum into Coinbase Prime

Key Takeaways BlackRock deposited $348 million in Bitcoin and $117 million in Ethereum to Coinbase Prime on Friday. The transfers are related to BlackRock’s management of its spot Bitcoin and Ethereum ETFs. Share this article Today BlackRock, a leading global asset management firm, deposited $348 million in Bitcoin and $117 million in Ethereum into Coinbase

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Crypto

Will MicroStrategy Get Removed From Stock Indices if BTC USD Hits $75K?

The question on every investor’s mind right now is simple: if BTC USD keeps dropping, does Strategy get kicked out of major stock indices? With Bitcoin sliding from six-figure euphoria to the high-$80Ks, and Michael Saylor’s Bitcoin-heavy corporate strategy under pressure, the debate has exploded across financial media. And it’s a fair concern – MSTR

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Crypto

How Bitwise’s Launch Day Matched Up Against Canary’s XRPC

The ETF still ranked as the year’s third-largest debut despite a sharp market sell-off. The Bitwise XRP ETF (XRP) began trading on the New York Stock Exchange yesterday, marking the second U.S. fund to offer direct 100% exposure to the Ripple-linked asset. Despite a sharp downturn across the wider crypto market, the new fund

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