Ethereum Crypto Resilience Proved as ETH Defends $1,700 While Cross-Chain Innovator LiquidChain Nears $1M
The global cryptocurrency market is demonstrating remarkable stability in the face of macroeconomic and geopolitical headwinds. Following escalated tensions between the US and Iran and the end of the previous ceasefire, traditional financial markets…
Ethereum ETFs Bled $708m in 14 Straight Days as XRP and Solana Gained
Ethereum’s market dominance is retreating toward critical support as the sell-the-news phase following U.S. spot Ethereum ETF approvals transitions into sustained net outflows. Two compounding dynamics are driving the slide: institutional capital…
HYPE Jumps 28% in a Week as Capital Rotates Into On-Chain Infrastructure; LiquidChain Nears $1M in Presale
Hyperliquid’s native token HYPE climbed 28% over the past seven days, briefly surpassing Solana on a fully diluted valuation basis as capital rotated out of larger crypto assets and into higher-growth on-chain infrastructure plays. That shift has…
Japan’s Crypto Revolution: 20% Tax Rate and Institutional ETF Gateway
Japan is executing the most consequential crypto regulatory pivot in Asia. The country that once taxed crypto gains at up to 55%, which drove liquidity offshore and cemented its reputation as a hostile jurisdiction for active traders, has now published…
SEC Delays Decision on Ethereum Spot Market ETFs Yet Again
The U.S. Securities and Exchange Commission (SEC) has once again postponed its decision on approving Ethereum (ETH) spot market exchange-traded fund (ETF) options, according to DailyHodl. This delay is intended to allow for more public input and expert…
SEC Commissioner Peirce Suggests Reconsideration for Ethereum ETFs and Staking
In a recent interview, SEC Commissioner Hester Peirce hinted at the possibility of revisiting the rules surrounding Ethereum ETFs and their ability to stake. This development comes as a significant shift in the regulatory landscape, potentially opening…
May Witnessed a Staggering $2 Billion Inflows into Crypto Investment Products
May 2024 marked a significant milestone in the cryptocurrency investment landscape, with a staggering $2 billion worth of inflows into crypto investment products. This remarkable influx is a testament to the growing investor confidence and interest in…