JPMorgan Chase & Co. on Thursday became one of the first major global banks to use a public blockchain to issue $50 million in U.S. commercial paper for Galaxy Digital Holdings—marking a significant step forward in integrating blockchain technology into traditional finance. Solana and Ethereum Glow Like Bitcoin Eyes at $70,000 According to Reuters, the…
The crypto market opened in December on a strong footing, with Bitcoin pushing toward $94,000 and Ethereum approaching $3,250 late last week, according to a research update from Laser Digital. The surge was driven by two major catalysts: Strategy’s acquisition of nearly $960 million in Bitcoin and growing anticipation for the Fusaka upgrade set for…
Investors have continued channeling money into SOL-backed exchange-traded funds (ETFs) for six straight weeks, showing growing confidence in the asset. With technical indicators also signaling a potential upside, many are now wondering whether this steady inflow could spark a breakout and push the latest Solana price prediction toward new highs. Despite recent price weakness, Solana…
Bitcoin hovered close to $90,400 on Tuesday as the crypto market showed signs of recovery after suffering one of its worst November declines since 2018. Despite the broader rebound, newly released data indicated that Europe was the main source of selling pressure throughout the month, contributing heavily to the downturn. Over the past 24 hours,…
Ethereum Price Eyes $3,030 as Downside Risk Emerges Ethereum is trading around $3,030 after failing to break through a strong sell-wall near $3,100. Analysts highlight the risk of insufficient buyer pressure above $3,000, suggesting a potential 26% decline toward $2,230 if the current support fails. On-chain data, however, shows a historically low exchange supply of…
Crypto prices are showing a steady recovery after a sharp weekend decline, with the total market rising 1.7% in the past 24 hours to $3.2 trillion. As of the latest update, Bitcoin is trading at $91,091 (+1.6%), while Ethereum has climbed 2.3% to $3,124. XRP is also slightly higher at $2.07, up 1.1%. Mid-cap altcoins…
Solana Mobile is set to introduce its SKR token in January, signaling the beginning of a new phase for its open mobile ecosystem. In a Nov. 3 announcement shared on X, the company explained that SKR will enable users to support developers, strengthen device security, and contribute to the platform’s governance. BITMINE RAMPS UP ETHER…
Ethereum’s largest holders have returned to the market as crypto prices rebound following over $600 million in long liquidations on Monday. Major Whale Purchases On-chain data from Arkham Intelligence shows significant buying activity by Ethereum whales: These large transactions suggest renewed confidence among major investors following recent market volatility. Market Recovery Across Cryptos The buying…
BitMine Immersion Technologies increased its Ether holdings during the latest market dip, buying nearly $70 million worth of ETH in just three days. Data from Lookonchain shows the company purchased 7,080 ETH for about $19.8 million on Monday, after already buying 16,693 ETH worth around $50.1 million over the weekend. This continued buying streak highlights…
CoinShares, one of the leading cryptocurrency-focused firms, announced on Friday that it has withdrawn all of its applications to launch spot crypto ETFs in the United States, including those for XRP and SOL. Despite the withdrawal, demand for these major altcoins on Wall Street remains strong, with cumulative inflows for both XRP and SOL surpassing…