Trump family crypto profits top $1b, UK targets 65k investors, OpenSea sets token launch | Weekly Recap
Trump family crypto profits top $1b, UK targets 65k investors, OpenSea sets token launch | Weekly Recap
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The US finally gets serious about digital assets
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. While the EU has been working on regulating digital assets since early discussions in 2020 and now leads with the Markets in Crypto-Assets Regulation (MiCA), the U.S. has avoided enacting specific crypto…
Bitcoin ETFs shed $1.6 billion, outflows jump
The Bitcoin price has crashed into a correction after plunging by 14% from its highest point this year, and the trend may continue as a risky pattern forms and exchange-traded fund (ETF) outflows persist. Summary Bitcoin price has formed a double-top pattern on the daily chart. Spot Bitcoin ETFs shed over $1.6 billion in assets…
Ethena price eyes 30% surge, but a death cross presents risk
Ethena price rose for two consecutive days as whales continued buying, and exchange balances dipped to their lowest point in months as USDe demonstrates ongoing stability. Summary Ethena price has rebounded from the lowest point this month. The USDe stablecoin has maintained its peg this week. Whales and public figure investors have continued to accumulate….
Ethereum price chart bullish amid BitMine ETH purchases
Ethereum price has crashed into a bear market in the past few weeks, but technicals and treasury purchases point to a strong comeback in the near term. Summary Ethereum price has pulled back and moved into a bear market this year. The coin has formed a bullish flag pattern on the daily chart. Companies like…
Bitcoin hovers $107k as markets eye upcoming Trump-Xi meet
Bitcoin hovered above $107,200 at last check Saturday, rebounding from its weekly low of $103,660. The rally lifted several major cryptocurrencies — including Dash, Morpho, Bittensor, and Aster — all of which gained more than 8% in the past 24 hours. Summary The bounce in digital assets comes as investors “buy the dip” following a…
Why “Uptober” is not going as expected?
October seems on the verge of canceling Uptober as crypto prices retraced after a recent multi-billion-dollar liquidation. But even with that, analysts say steady ETF demand can still support a rebound. Summary October started strong for Bitcoin, with ETF inflows and institutional demand pushing crypto prices to new all-time highs, following historical trends that make…
HBAR price to crash further amid Hedera ecosystem woes
HBAR price has crashed into a bear market after falling nearly 50% from its highest point in August, and its weak fundamentals and technicals point to more downside. Summary HBAR price is about to form the risky death cross pattern. Its technicals point to more downside in the near term. Hedera’s fundamentals have deteriorated, with…
Why Upexi chose Solana over Ethereum for its treasury
Brian Rudick, Chief Strategy Officer at Upexi, explained why treasury firms are still HODLing after the latest crypto market crash. Summary Upexi hasn’t sold a single token post-crash — their 2M+ SOL position remains unchanged Upexi says volatility enhances the value of the convertible bonds they issue, enabling better capital raises Solana was chosen over…
WLFI price eyes $0.10 as market structure remains bearish, why price can distribute further.
WLFI price continues in a bearish structure, with price action likely to extend lower toward the $0.10 support before any meaningful bullish rotation can develop. Summary WLF continues forming lower highs and lower lows. $0.10 Fibonacci support is the next major target. Reclaim and hold above $0.10 could trigger a bounce toward $0.19. World Liberty…