SEC Approves Cardano ETF Shortcut in 75 Days
CME’s Cardano futures launched on Feb. 9, starting a six-month countdown for potential spot ADA ETFs by Aug. 9, pending regulatory conditions and issuer readiness. #Update #Crypto $ADA
Markets
Deals with articles on the cryptocurrency markets, crypto investment strategies, market analyses, and trading insights.
Bitcoin Whale Profit-Taking Surges 7th Time
Bitcoin whales realize over $208M in profits, marking the seventh such event in two years, often preceding market turbulence and potential bullish reversals. #Update #Crypto $BTC
Bitcoin Dips Below ETF Cost-Basis
Bitcoin’s price, now at $68,000, has fallen below ETF cost-basis, with MVRV under 1 indicating increased sell-pressure. ETF net outflows hit $1.08B in February. #Update #Crypto $BTC
RWA Issuers Prioritize Capital Formation Over Liquidity
A Brickken survey reveals 53.8% of real-world asset issuers prioritize capital formation over liquidity, as U.S. exchanges plan 24/7 trading for tokenized assets. #Update #Crypto $BTC
Bitcoin Investment Booms in Argentina
Argentina’s CNV allows undeclared funds to be invested in crypto, aiming to boost local investments, says Economy Minister Luis Caputo. #Update #Crypto
Crypto Market Sees 50% Drop in Retail Investors
CryptoQuant reports a decline in retail investor activity, historically linked to late market corrections. Major players reduced holdings by 0.8%, while smaller investors increased by 2.5%. #Update #Crypto $BTC
Bitcoin Nears $68000 as Altcoins Bounce
Bitcoin $BTC at $67,886.26 nears $68,000 despite President Trump’s new 10% global tariff; altcoins like $BNB and $DOGE gain 3%-4%. Market remains rangebound amid muted volumes. #Update #Crypto $BTC
Bitcoin Whale Transfers $761M to Binance
Garrett Jin transferred 11,318 Bitcoin worth $761M to Binance, sparking blockchain analyst attention. Jin retains over 9,300 BTC and 548,000 ETH. #Breaking #Crypto $BTC
Crypto Market Volatility Forces Parsec Shutdown
@Parsec has shut down due to ongoing volatility in the crypto market, as its focus on decentralized finance and non-fungible tokens no longer aligns with industry trends. #Update #Crypto
Ethereum Breaks Whale Floor: 2018-Style Crash
Ethereum struggles to reclaim $2,000 amid selling pressure and liquidity tightening, trading below whale cost basis, indicating potential redistribution phase. #Update #Crypto $ETH
Bitcoin Trading Volume Dips Hong Kong Bridges Capital
Jeff Park highlights low Bitcoin trading volume impacting price discovery, with Hong Kong acting as a bridge for Chinese capital. Shifts in options trading suggest changing market sentiment. #Update #Crypto $BTC
SUI Surges as Grayscale ETF Launches
Grayscale and Canary Capital launched the first US spot SUI ETFs, offering regulated exposure and staking rewards on NYSE Arca and Nasdaq. #Update #Crypto $SUI
Ethereum Price Plummets Amid Market Correction
Ethereum price is down over 2% today, trading at $1,976 amid significant selling pressure and bearish sentiment in the crypto market, with whales offloading assets. #Update #Crypto $ETH
AI Chips Surge with $700B Wall Street Investment
Major tech firms are investing $700B in AI infrastructure, likened to oil; new financial instruments like GPU-backed securities may emerge, facing challenges from rapid obsolescence and regional data center disparities. #Update #Crypto $BTC