Crypto
US-traded spot Ethereum ETFs amass $2 billion in inflows
If bundled cumulatively under one product, the inflows would make it the fourth largest ETF launch to date.
Gino Matos 2 min read North America News
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Crypto
Bitcoin climbs to $61.7k as Fed minutes hint at rate cut in September
The document also hints at a 25 basis points (bps) rate cut due to "recent progress on inflation" and "increases in the unemployment rate."
Mining
Bitfarms to acquire Stronghold Digital Mining in $175M merger
Bitfarms is still dealing with Riot Platforms' hostile takeover attempts.
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Politics
Harris loses lead on Polymarket as odds RFK Jr will endorse Trump jump 38%
Trump now leads Harris 52% to 47% on crypto-native prediction market Polymarket.
Research
Grayscale outflows overshadow Ethereum ETF inflows
Grayscale's massive outflows dampened the early excitement for Ethereum ETFs.
Derivatives
On-chain derivatives trading volume declines third week in a row
Despite the recent slump, the on-chain derivatives market's average monthly volume is up by 357% year-on-year.
ETF
Bloomberg analyst sees bleak future for Solana ETFs amid current SEC climate
Although the issuers filings are still active, Eric Balchunas doesn't believe a Solana ETF approval will happen this year unless a change occurs on SEC's leadership.
Crypto
VanEck insists Solana ETF ‘remains in play’ despite regulatory uncertainty
VanEck also maintained that Solana is a digital asset commodity like Bitcoin and Ethereum.
Crypto
Kaiko believes tokenized treasuries will retain appeal amid expected Fed rate cuts
On-chain flows and secondary market activity for tokenized US Treasuries and related tokens suggest growing popularity.
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Election 2024
Coinbase believes young crypto voters will be a deciding factor in the US elections
Crypto
Rumors Harris eyeing Gensler for Treasury denied as DNC skips adding Bitcoin in platform
Crypto
Ethereum’s 40% post-ETF drop is an expected ‘sell-the-news’ reaction – Bitfinex
Crypto