Category: crypto

US-listed Ethereum exchange-traded funds (ETFs) saw continued positive momentum on Aug. 27, with BlackRock’s ETHA leading the way with $262.23 million in inflows. Fidelity’s FETH and Grayscale’s ETH also saw significant inflows. Ethereum ETFs have attracted $4 billion in August and now hold $30.17 billion in net assets. Bitcoin ETFs also saw gains, with BlackRock’s…

The US Commodity Futures Trading Commission is integrating Nasdaq’s surveillance system to enhance oversight of digital asset and derivatives trading. This move replaces outdated monitoring tools and aims to detect misconduct more efficiently. The technology will provide automated alerts and cross-market analytics, allowing for faster response to potential threats.

Chinese fintech company Linklogis has partnered with the XRP Ledger to digitize global supply chain finance. This collaboration aims to simplify settlement processes for exporters, importers, and financiers. They plan to develop new products such as stablecoin-based settlement systems and smart contract platforms. XRPL’s tokenized RWA volume has increased, making it the ninth-largest blockchain by…

Circle and Finastra have partnered to integrate USDC stablecoin settlement into Finastra’s global banking infrastructure, aiming to modernize cross-border payments. This collaboration will allow banks using Finastra’s platform to settle transactions in USDC, reducing costs and delays associated with traditional fiat currencies. Regulatory scrutiny of stablecoins is increasing, but they are seen as a complementary…

In the second quarter, institutional investors increased their exposure to Ethereum through ETFs by 388,301 ETH, with investment advisors leading the way with $1.35 billion in exposure. Hedge fund managers and top Wall Street firms also saw significant increases in their Ethereum holdings. Total institutional exposure reached $2.44 billion by the end of the quarter,…

Bitcoin is trading near $112,000, facing resistance at $113,700 and support at $107,000. A breakdown below $107,000 could lead to a drop to $95,000-$93,000. While sentiment indicators show mounting pressure, market structure suggests Bitcoin has not yet experienced severe stress. The market remains indecisive with a potential binary outcome.

KindlyMD plans to raise $5 billion in equity to expand its Bitcoin reserves after merging with Nakamoto. The company recently purchased 5,744 bitcoins valued at $635 million. This move is part of a larger trend of publicly traded firms investing in Bitcoin as a balance-sheet asset. Critics warn of the risks of Bitcoin’s volatility.

Kanye West’s YZY token launch resulted in $26 million in combined losses for 105 traders, with an average loss of $250,000 per wallet. Only 1% of wallets earned substantial profits, with 88 traders earning between $100,000 and $1 million each. The token’s market capitalization reached $3 billion before collapsing by over 90%.

Google Cloud has launched the Google Cloud Universal Ledger (GCUL), a Layer 1 network for faster payments and settlements across borders. It is designed to be a neutral infrastructure layer for financial institutions to build on, offering low-cost, near-instant transactions and compliance with know-your-customer requirements. Python-based smart contracts are supported.

BTCC, the world’s longest-running cryptocurrency exchange, has launched a trading competition with NBA All-Star Jaren Jackson Jr. Participants can win up to $500,000 USDT and exclusive signed jerseys by trading futures. The competition runs until September 21, 2025, offering prizes for both trading volume and profit rate leaderboards. Register now for a chance to win.