Tag: Breaking

$72.4 million trading volume for BSOL on Wednesday, surpassing the $56 million from its launch day. $69.5 million in inflows on debut day, boosting assets under management to nearly $292 million. “$72m is a huge number. Good sign,” Bloomberg ETF analyst Eric Balchunas said on X. The Bitwise Solana Staking ETF (BSOL) continued its strong market reception on Wednesday, posting $72.4 million in trading volume just one day after...

Symbolic Resolution: Senators Elizabeth Warren and Adam Schiff plan to introduce a Senate measure denouncing Trump’s pardon of Binance founder Changpeng “CZ” Zhao over national security and conflict concerns.Trading Ban Proposal: Rep. Ro Khanna seeks to prohibit elected officials, including the president and family, from crypto and stock trading, citing the pardon as evidence of corruption.Market Reaction: Trump-linked...

Bitcoin (BTC) pushed past $116,000 on Friday, marking a roughly 4% gain over the past week amid mixed U.S. economic signals. The cryptocurrency approached a key CME futures gap near $117,300, with spot prices hitting $116,800 on exchanges like Bitstamp. Headline consumer price index (CPI) data released Thursday showed a 0.4% month-over-month increase, surpassing the 0.3% forecast and underscoring persistent inflationary pressures....

Tether CEO Paolo Ardoino has strongly refuted recent rumors suggesting the stablecoin issuer was offloading its Bitcoin reserves in favor of gold. On September 7, 2025, Ardoino took to X (formerly Twitter) to clarify Tether’s asset strategy, directly addressing market speculation that had begun to circulate. The claims implied a significant pivot in Tether’s reserve composition, signaling a strategic move away from the leading...

Ether exchange-traded funds (ETFs) registered substantial outflows totaling $787.9 million over the past week, reflecting a persistent cautious sentiment among investors. This significant withdrawal marks a notable period of capital flight from Ether-linked investment products. Data from Farside Investors reveals that Grayscale’s Ethereum Trust (ETHE) was the primary contributor to these outflows, accounting for the vast majority of...