The Heartbeat of the Crypto World is Here!

FG Nexus sold 10,922 ETH to fund a $200 million share repurchase program, buying back 3.4 million shares at $3.45 each, representing 8% of outstanding shares. This move addresses shares trading below net asset value, aiming to boost shareholder returns amid Ethereum market dynamics. FG Nexus executed a strategic ETH sale to accelerate share buybacks, […]

Over 65 crypto organizations, including Coinbase and Uniswap Labs, are urging President Donald Trump to use executive authority to clarify digital asset regulations without waiting for Congress, aiming to position the U.S. as the global crypto capital through immediate agency actions on taxes, SEC guidance, and DeFi protections. The letter targets the SEC, CFTC, Treasury, […]

The 21Shares XRP ETF has received automatic approval via a Form 8-A filing with the U.S. SEC, paving the way for spot XRP trading on the Cboe BZX Exchange under the ticker TOXR. This marks a significant milestone for institutional access to XRP, expected to launch next week pending final certification. Approval Process: 21Shares filed […]

MSCI is likely to exclude digital asset treasury companies with over 50% crypto assets from its indexes in 2025, potentially forcing index funds to sell holdings and creating selling pressure on stocks like MicroStrategy. This decision, based on ongoing consultations, aims to align indexes with traditional equity benchmarks. MSCI consultation ongoing until December 31, 2024, […]

Deutsche Bank has upgraded its rating on Bullish crypto exchange stock to buy, citing strong third-quarter revenue and positive business momentum despite a profit miss. The target price is set at $51, offering potential 40% upside from current levels after a significant post-IPO decline. Bullish reported stronger-than-expected Q3 revenue, driven by new U.S. spot trading […]

XRP’s price dropped 7% to $1.98 in the last 24 hours amid a broader crypto market sell-off triggered by Bitcoin falling below $87,000, leading to $220 million in long liquidations. Despite this, Bitwise’s new spot XRP ETF launched on the NYSE with $22 million in first-day trading volume. XRP fell below $2.00 on the day […]

Bitcoin keeps falling when the NASDAQ recovers due to its inherent volatility and heavy reliance on institutional capital flows through ETFs and leveraged products, which amplify price swings. Analyst Jeff Sica notes this divergence often signals approaching market bottoms, not deeper crashes, urging investors to assess their risk tolerance before engaging with the asset. Bitcoin’s […]

US Treasury Secretary Scott Bessent’s surprise appearance at the Pubkey Bitcoin-themed bar launch in Washington DC has been hailed by the Bitcoin community as a major positive signal for cryptocurrency adoption and policy support. This event underscores growing mainstream acceptance amid Bitcoin’s recent market challenges. Bitcoin enthusiasts interpret Bessent’s presence as a pivotal moment signaling […]

The recent Bitcoin sell-off was triggered by a sharp U.S. stock market decline, widening credit spreads, and macroeconomic uncertainties, pushing Bitcoin below $85,000 for the first time since April. This led to over $800 million in crypto liquidations and extreme fear in investor sentiment. U.S. equity markets lost $2.7 trillion in market cap. The S&P […]