Categoria: Uncategorized

Digital Currency Group (DCG) has escalated its legal battle with bankrupt subsidiary Genesis Global Capital, filing a countersuit demanding $1.1 billion in promissory note relief and $105 million in alleged overpayments. The move comes as Genesis pursues over $3.1 billion in damages against its parent company through multiple ongoing lawsuits. Source: Kroll Three Arrows Capital…

Spot Ethereum ETFs recorded $59.3 million in net outflows on August 15, ending an unprecedented 8-day buying streak that brought in $3.7 billion, with only BlackRock’s ETHA posting inflows of $338 million amid broader market rotation. The outflows occurred despite Ethereum trading just 10.22% below its November 2021 all-time high and following a brutal $1.05…

Grayscale is pushing ahead with its bid to launch a Dogecoin exchange-traded fund, revealing the ticker “GDOG” in its latest US Securities and Exchange Commission filing. Key Takeaways: Grayscale has filed to convert its Dogecoin Trust into an ETF under the ticker GDOG on NYSE Arca. The SEC is reviewing multiple crypto ETF applications amid…

BitMine Immersion Technologies has purchased another 106,485 ETH worth $470.51 million in the past 10 hours, bringing total holdings to 1.297 million ETH valued at $5.75 billion, while a mysterious whale withdrew 92,899 ETH worth $412 million from Kraken over four days. The massive $882 million accumulation, confirmed by LookOnChain, occurred as retail traders panicked…

Ethereum slipped 2% to $4,457 in early trading after SharpLink Gaming (SBET) posted a sharp $103.4 million quarterly net loss. The setback came even as the company expanded its Ethereum holdings to 728,804 ETH, worth more than $3.2 billion, marking its first financial report since pivoting to an ETH-focused treasury strategy in June. Another day,…

Ripple’s XRP has held up this month with institutional demand being the key to the August rally. It’s currently trading at $3.14 above the $3.02 support after reaching $3.35 last week. With whale accumulation increasing and technicals tightening, investors are wondering if the momentum can continue. BOOOOOMMMM!!!#XRP WHALES ARE BUYING THE DIP! 120M coins accumulated!…

Gemini has filed an S-1 with the US Securities and Exchange Commission, aiming to go public on the Nasdaq Global Select Market under the ticker GEMI. Key Takeaways: Gemini has filed to list on Nasdaq under ticker GEMI, with major Wall Street banks leading the IPO. The company faces mounting losses, posting a $282.5 million…

American Bitcoin, a US cryptocurrency miner backed by Donald Trump Jr. and Eric Trump, is seeking acquisitions in Asia to expand its Bitcoin holdings, according to people familiar with the plans. Key Takeaways: American Bitcoin is exploring acquisitions in Japan and Hong Kong to grow its Bitcoin reserves. The company plans a September public listing…

Bitcoin investors are once again debating the future of the market, but this time, the discussion isn’t about the familiar four-year cycle. Instead, ChatGPT has proposed that BTC has the potential to enter a “supercycle,” which is reshaping the price action and potentially boosting BTC price towards $200,000. A Shift From Traditional Four-Year Cycles For…

The Ethereum price is in the spotlight as ETH whales join Unilabs Finance, drawn by its presale growth and $12.6 million raised in its ICO. More interestingly, large inflows into the ETH ETF are driving more traffic to the scene, increasing confidence among investors. With whale backing, rapid funding success, and growing buzz around its…