Ethereum, the second-largest cryptocurrency, has been on a rollercoaster ride lately. After a big drop in early August, it managed to climb back up a bit. But experts are worried that this climb might not last. The Taker Buy/Sell Ratio: A Signal of Trouble? One analyst, ShayanBTC, is keeping a close eye on a metric…
BlackRock, the world’s biggest money manager, has become the king of crypto ETFs, surpassing Grayscale in terms of assets under management (AUM). BlackRock’s Dominance BlackRock’s two crypto ETFs, IBIT (Bitcoin) and ETHA (Ethereum), hold a whopping $21.2 billion in crypto assets. This is just slightly more than Grayscale’s four ETFs, which hold $21.2 billion. However,…
A big crypto company just moved a lot of Ethereum (ETH) around, and it might mean bad news for the price. What Happened? A company called Metalpha took 10,000 ETH (worth about $26 million) out of a platform called Lido and sent it to Binance, the biggest crypto exchange. This is a big deal because…
The DeFi altcoin Curve (CRV) is having a great week, surging 30% while the rest of the crypto market struggles. This jump comes after Curve announced a major cut in its emissions, a move that could make the coin more valuable. A Big Birthday for Curve Curve, a DeFi protocol that helps users swap between…
A former JPMorgan employee is facing serious consequences for allegedly stealing sensitive information from over 200 customers. The Scoop: Dale Self, a former general securities representative at JPMorgan Chase’s investment arm, J.P. Morgan Securities, is accused of taking personal information from customers without their consent or his employer’s knowledge. What Happened? Self allegedly took handwritten…
Jessica Alves, known as the “Human Barbie Doll,” is accusing Barclays Bank of shutting down her account because she’s on OnlyFans. A Shocking Closure Alves says she received a letter from Barclays saying her account was closed. She went to the bank in London to find out why and was told it was because she’s…
Two Bitcoin “whales” – people or entities holding large amounts of Bitcoin – recently woke up from a long slumber, moving millions of dollars worth of the cryptocurrency after holding it for over a decade. Whale #1: A 7,000% Return The first whale moved 174 Bitcoin, worth about $10.16 million, to an unknown wallet. This…
Nasdaq and NYSE have hit the brakes on Bitcoin ETF options, leaving investors disappointed. Both exchanges have withdrawn their applications to list and trade options based on Bitcoin ETFs. This unexpected move has sparked debate within the crypto community about the future of options trading. Regulatory Hurdles: A Long and Winding Road The crypto industry…
Uniswap (UNI) is on the rise, with its price aiming for a comeback to $6.7. This could be a big deal for the cryptocurrency, signaling a renewed bullish trend and potentially leading to further gains. Is Uniswap Ready to Break Through? The question is: can Uniswap maintain its momentum and hold the line at $6.7,…
Bitcoin ETFs are becoming more popular with big investors. In the second quarter of 2024, the number of institutional firms holding Bitcoin ETFs jumped by a whopping 27%! This means more and more big players like Goldman Sachs and Morgan Stanley are seeing Bitcoin as a good investment. But retail investors still hold the majority…
