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Crypto News within the week

Bitcoin suddenly jumped from $80K to over $87K on Sunday despite weeks of heavy losses

Bitcoin shocked the entire market after ripping past $87,000 out of nowhere on an otherwise boring Sunday. A few hours earlier, the king was stuck...

Bitcoin Drops 30% From ATH: Analyst Warns the Real Bottom May Be Far Lower

Bitcoinโ€™s price has been on an evident downfall for the past month and a half, losing over 30% in value since its all-time high...

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Bitcoin STH Loss Transfers Fall 80% From Peak โ€“ What Comes Next?

Bitcoin has managed to reclaim the $90,000 level after days of intense volatility, but upward momentum remains limited as the market continues to battle...

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CoinShares Ends Push for XRP, Solana and Litecoin ETFs With Latest SEC Filing

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CoinShares has formally abandoned its planned three crypto ETFs, the Solana Staking ETF, the XRP ETF, and the Litecoin ETF. The U.S. Securities and Exchange Commission received the updated filings which asserted that all the ETFs proposed would no longer proceed. CoinShares Abandons Three Cryptocurrency ETF Plans All the withdrawals were made by means of

The post CoinShares Ends Push for XRP, Solana and Litecoin ETFs With Latest SEC Filing appeared first on CoinGape.

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New to Market

MegaETH Admits โ€˜Sloppy Execution,โ€™ Vows to Return Pre-Launch Funds

MegaETH announced that it will return all funds deposited into its Pre-Deposit Bridge. The Ethereum Layer 2 scaling solution reversed a pre-launch campaign intended...

Hyperliquid (HYPE) Faces Key Test: Drop to $25 Ahead?

Hyperliquid (HYPE) has recovered slightly after falling below the $30 mark last week. The token is now trading at around $36, showing a 2%...

Bitcoin STH Loss Transfers Fall 80% From Peak โ€“ What Comes Next?

Bitcoin has managed to reclaim the $90,000 level after days of intense volatility, but upward momentum remains limited as the market continues to battle...

Hereโ€™s Why Ethereum Emerges As The Global Capital Rails For On-Chain Finance

In the rapidly evolving landscape of digital finance, Ethereum is quickly establishing itself as the primary infrastructure for global on-chain capital markets. From tokenized...

Bitcoin Price To Recover $100,000: BTIG Cites Key Reasons For Optimism

The Bitcoin price has recently stabilized above the $90,000 mark, sparking renewed optimism among bullish investors. Analysts at BTIG have suggested that this rebound...
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Todays Highlights

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BlackRock stepped up its crypto acquisition, buying $589 million in Bitcoin and Ethereum from Coinbase. The transactions coincided with a time the overall crypto market is recovering and institutional trading is on the rise. BlackRock Crypto Inflows Soar To $589 Million In 3 Days According to Onchain Lens citing Arkham data, BlackRock has received 4,044

The post BlackRock Buys $589M in Bitcoin and Ethereum as Crypto Market Recovers appeared first on CoinGape.

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