Goldman Sachs (GS) buying an exchange-traded fund (ETF) issuer for about $2 billion doesn’t seem like it has much to do with crypto at first. However, the Wall Street banking giant’s purchase of Innovator Capital has implications that can shake up the entire crypto industry,… Read More
Bitwise moves its Avalanche ETF closer to market with updated SEC filing and becomes first issuer to include staking.
The effort is starting small, but Texas made an opening foray into a state-based crypto reserve — getting closer to the first government stockpile in the U.S.
Bitcoin’s slide to $84,000 is being driven less by mood and more by mechanics, according to Greg Cipolaro, Global Head of Research at NYDIG. In a report, Cipolaro said the core engines of the 2024–25 rally have shifted into reverse. Spot bitcoin ETFs, once the primary… Read More
BlackRock’s spot bitcoin ETF, IBIT, has registered record outflows this month amid a price slide and a sharp rise in the cost of bearish options used to hedge against further market declines. The Nasdaq-listed BlackRock Bitcoin ETF, IBIT, has recorded a net outflow of $1.26… Read More
XRP faced intense selling pressure at key support levels before a dramatic, high-volume V-shaped reversal signaled potential exhaustion of downward momentum. News Background The decline unfolded against a backdrop of mixed institutional signals and heightened macro uncertainty. Crypto markets remain trapped in a medium-term downtrend,… Read More
