Ethereum Taps $2.2K as Traders Brace for a Potential Trend Change

Market analysts said Ether’s (ETH) uptrend was confirmed after the latest 25% recovery to $2,200 from its multi-year lows below $1,800. Key takeaways: Ether rose to $2,200 on Wednesday, as onchain data shows signs of returning demand. ETH price support around $2,100 remains key for the bulls to hold. Ether sellers are “losing control” Ether’s net taker volume suggests that “sellers may be losing control” as demand for ETH derivatives returned, data from CryptoQuant shows.  Net taker volume, a metric that measures the imbalance between buyers and sellers in derivatives…

38% of Altcoins Hovering Near All-Time Low Prices — Analyst

An estimated 38% of altcoins are now hovering near all-time lows, which is worse than the post-FTX market crash, according to CryptoQuant analyst Darkfost. The current market is “unfavorable” for risk-on assets, and the crypto markets are the first to absorb this risk-off posturing, he said, adding: “For comparison, this metric reached 35% in April 2025 and 37.8% just after the FTX crash. This chart perfectly illustrates the current situation for altcoins. Investors remain cautious and continue to lose interest in altcoins.”  The percentage of altcoins trading at or near…

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Crypto Treasury Inflows Slide To October 2024 Levels

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

SoFi Selects BitGo to Launch Bank-Issued Stablecoin SoFiUSD

SoFi Technologies has selected digital asset custodian BitGo to support the rollout of its bank-issued stablecoin, the latest sign of growing momentum around federally regulated stablecoins for payments and settlements. Under the partnership, BitGo will provide stablecoin infrastructure services for SoFiUSD, a US dollar-pegged token issued by SoFi Bank, a nationally chartered and insured depository institution, the companies disclosed Thursday.  The arrangement will run through BitGo’s “stablecoin-as-a-service” platform, which will support the issuance of SoFiUSD and help connect the token with payment providers, market participants and cryptocurrency exchanges. SoFi said…

Tether Co-Founder Weighs In on Bitcoin Selloff

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Tether co-founder William Quigley weighs in on the recent selloff in cryptocurrencies. Speaking on “Bloomberg The Close,” Quigley says he never expected crypto to be a long-term investment opportunity. ——– More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: Visit for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: Facebook: Instagram: Connect with Bloomberg Business on: X:…

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Morgan Stanley Advances Spot Bitcoin ETF Plan With Amendment Detailing BTC Holding Strategy

Morgan Stanley moves closer to launching a spot bitcoin ETF, unveiling new structural details and custody partners as the Wall Street giant positions its proposed Bitcoin Trust to track the digital asset’s market price. Morgan Stanley’s Latest Filing Reveals Structure and Custody for Planned Spot Bitcoin ETF Morgan Stanley Investment Management Inc., a subsidiary of […] Original

Bitcoin Surge To $74,000 Fueled By US Institutions, Coinbase Premium Signals

Data shows the Bitcoin Coinbase Premium Gap spiked as the asset rallied toward $74,000, a potential sign that the platform’s institutional users were backing the run. Bitcoin’s Coinbase Premium Gap Shot Up To $61 During The Rally In a new thread on X, CryptoQuant community analyst Maartunn has talked about the latest BTC rally and what could be behind it. “Several data points show aggressive institutional demand driving the breakout,” noted Maartunn. One such metric is the Coinbase Premium Gap. This indicator measures the difference between the Bitcoin price listed…

Bitcoin price analysis ahead of US non-farm payrolls data

Bitcoin price held steady on Thursday as investors focused on the upcoming US non-farm payrolls data scheduled for Friday this week. Summary Bitcoin price moved to a local bull market after rising by 20% from the year-to-date low. The rally happened amid hopes of talks between the US and Iran on ending the war. The US will publish the latest non-farm payrolls data on Friday. Bitcoin (BTC) token was trading at $72,450, up by 20% from its lowest level this year, meaning it has moved into a local bull market. …