Ether, which came into existence in 2015, set a record price of over $4,800 since November 2021. While BTC surpassed its 2021 early this year, ether only briefly managed to top the $4,000 mark, with the upside relatively restricted due to regulatory uncertainty and low odds of ETH getting a spot ETF listing in the U.S. Source
Category: ICO
Nomura Survey Reveals Majority of Japanese Institutional Investors Plan to Invest in Crypto in Next Three Years
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Bitcoin Nears $62K as Crypto Bulls See $150M in Liquidation
The CoinDesk 20 index, which tracks major tokens minus stablecoins, slumped just over 4%. Source
This Is Why Altcoin Investors Struggle Despite Bitcoin, Ether Sitting Near Yearly Highs
Constantly diluting supply with token unlocks, selling pressure from venture funds, lack of fresh inflows to crypto and seasonal trends all contributed to the brutal drawdown in altcoin prices. Source
McKinsey Sees Just $2T of Tokenized RWAs by 2030 in Base Case, With Broad Adoption 'Still Far Away'
Tokenization adoption will happen in waves led by assets such as mutual funds, bonds, loans, McKinsey said in a report. Source
Statement in response to Synnovis cyber attack
An ICO spokesperson said: “While we are continuing to make enquiries into this matter, we recognise the sensitivity of some of the information in question and the worry this may have caused. “We would urge anyone concerned about how their data has been handled to check our website for advice… Source
What’s Next for Bitcoin (BTC) Prices? Bulls May See Relief as “Negative Sentiment” Reaches Historic Levels
“The crowd is mainly fearful or disinterested toward Bitcoin,” the firm said in an X post Friday. “This extended level of FUD is rare, as traders continue to capitulate,” they added. “BTC trader fatigue, combined with whale accumulation, generally leads to bounces that reward the patient.” Source
Cosmos DAO Osmosis to Adopt Fee-Free Bitcoin Bridge
Osmosis is achieving this through a revenue-share proposal with Bitcoin bridge Nomic. Source
Meme Coin Liquidity Hits Record High $128M Even as Bid-Ask Spread Spotlights Risk
The combined figure for DOGE, SHIB, PEPE, WIF, BONK, GROK, BABYDOGE, FLOKI, MEME, HarryPotterObamaSonic10Inu and HarryPotterObamaSonic, recently rose to $128 million, the data shows. The figure describes the total value of buy and sell orders within a 1% range of the current market price. The deeper the liquidity – that is, the higher the figure – the easier it is to execute large orders at stable prices. Source
U.S. House Members Visit Detained Binance Exec Tigran Gambaryan in Nigeria, Call for Release
“We have a taskforce in Congress that is on Americans wrongfully detained abroad, or held hostage. Clearly in our view, Tigran fits in that camp,” Hill said in the video. “We want him home and we can let Binance, his employer, deal with the Nigerians.” Source