The Ethereum Foundation is looking to tap into the growing adoption of artificial intelligence with a new dedicated team. Summary Ethereum Foundation has launched a new artificial intelligence-focused team. The dAI Team will focus on making Etherum a key AI platform, adding to milestones that have built Ethereum as a top blockchain network. The Ethereum…
Bitcoin and Ethereum spot ETFs recorded a combined $1.048 billion in net inflows on Sept. 12, marking one of the strongest single-day institutional demand periods since the products launched. Summary Bitcoin ETFs saw $642 million inflows, pushing total net inflows to $56.8 billion overall Ethereum ETFs rebounded with $405 million inflows after last week’s sharp…
Allied Gaming is making its move as institutional crypto adoption accelerates. The company invested in Bitcoin and Ethereum, citing a shifting regulatory environment as a key factor enabling its new digital asset strategy. Summary Nasdaq-listed Allied Gaming added BTC and ETH to its treasury for the first time. Shares jumped over 100% following the crypto…
China-based fashion company MOGU saw its stock reach above 80% after it announced to investors that it would allocate $20 million to add crypto assets to its balance sheet. Why did the company decide to invest in crypto? Summary MOGU’s share price soared 84% following the announcement that the social media firm would start buying…
Ethereum has reclaimed the $4,500 level as institutional demand and steady accumulation reinforce confidence in its long-term outlook. Summary Ethereum trades at $4,518, up 2.5% on the day but still 8.6% below its August 24 all-time high. On-chain data shows 1.7M ETH was accumulated in the $4,300–$4,400 range, led by Binance outflows. Futures open interest…
Since early August, Ethereum has sustained its lead in spot trading volume over Bitcoin, and the trend continues. Summary Spot Ethereum trading volume has consistently outpaced BTC The trend suggests that traders are rotating into altcoins Fed’s expected rate cuts fuel bullish altcoin outlook Bitcoin has long been the undisputed leader in market liquidity. However,…
August CPI did little to get crypto moving, leaving big players like Bitcoin stuck in neutral. With the Fed’s next call on rates just around the corner, the market’s collective shrug feels less like uncertainty and more like a deliberate holding pattern. Summary Crypto markets showed little reaction after August CPI rose 2.9%, leaving Bitcoin…
Monad is preparing to launch its MON token with a whopping 100 billion supply, sparking dilution concerns within the community. Summary The 100 billion MON supply has sparked debate on crypto X over potential inflation and token value dilution. Despite these concerns, the mainnet launch is highly anticipated due to successful testnet and strong backing from top-tier…
BitMine Immersion Technologies, a crypto miner turned Ethereum treasury company, has fattened its ETH stash with a second purchase this week, this time buying $200 million worth of the second-largest cryptocurrency. Summary BitMine bought 46,255 ETH worth about $200M in its second purchase this week. The company’s total holdings now stand at 2.116M ETH valued…
Scroll layer 2 DAO has paused operations after leadership resignations, sparking concerns over decentralization. Summary Scroll DAO paused governance after DAO leader Eugene resigned, leaving proposals in limbo. Team says governance is being “redesigned,” but next steps remain unclear. Despite turmoil, Scroll’s zkEVM ecosystem continue to grow, with more than $185 million in vaults. Scroll…
