The last 12 months have been a game-changer for digital assets. In January, more than a decade after Gemini co-founders Cameron and Tyler Winklevoss filed their initial application, the first spot Bitcoin was approved for trading in the United States by the Securities and Exchange Commission (SEC). The following is an opinion editorial written by […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Over the past 24 hours, Jupiter and JasmyCoin have surged as the top gainers among the leading 100 crypto assets, while Bittensor and Mantra have plunged as the top losers. Top gainers Jupiter Jupiter (JUP) led the charge among the top gainers on July 27. At the time of writing, the crypto asset had surged by 12.6% over the last 24 hours and was exchanging hands at $1.16. JUP’s daily trading volume was hovering around $282 million, per data from crypto.news. JUP 1-hour price chart, July 26-27 | Source: crypto.news…
Tyler Winklevoss has stressed the urgent need for a new SEC Chair to be appointed before the upcoming U.S. elections. Winklevoss urges swift SEC leadership change before the election In a recent post on X, Tyler Winklevoss, co-founder of Winklevoss Capital Management and the Gemini cryptocurrency exchange, called for action in Washington before the November elections, stressing that this demand is non-partisan and should unify the crypto industry. Winklevoss emphasized the need for voters to know who the next Chair of the U.S. Securities and Exchange Commission will be before…
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has promised significant bitcoin-related changes if elected. On day one of his presidency, he plans to transfer 200,000 bitcoins to the U.S. Treasury and mandate the government to purchase 550 bitcoins daily until a strategic reserve of 4 million bitcoins is reached. He also pledged to […] Source CryptoX Portal
The price of bitcoin (BTC) increased by 1.9% over the past day, peaking at an intraday high of $69,404 around 9 a.m. EDT on Saturday. Over the last week, BTC has climbed by 3.1% and has risen 16.8% over the past two weeks. Bitcoin’s Upward Momentum: Key Stats and Market Impact Bitcoin is gaining momentum […] Source CryptoX Portal
U.S. spot ethereum exchange-traded funds (ETFs) experienced negative inflows once again, driven by Grayscale’s Ethereum Trust (ETHE) offloading a substantial $356.26 million on Friday. To date, ETHE has recorded more than $1.5 billion in cumulative outflows. Grayscale’s Ethereum Trust Sheds $1.5B in 4 Trading Sessions The spot ether ETFs have been impacted by Grayscale’s Ethereum […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Over the past week, non-fungible token (NFT) sales experienced a 7.59% rise, with $108.59 million in transactions finalized during the last seven days. Ethereum topped NFT sales for the week, generating $32.59 million, a 5.95% increase. NFT Market Gains Modest Momentum This Week Solana followed as the second leading blockchain, with NFT sales totaling $27.33 […] Source CryptoX Portal
Senator Elizabeth Warren has called for stricter regulations to address the risks of foreign-owned cryptocurrency mining facilities in the U.S. She highlighted the environmental and national security threats, especially from Chinese-owned operations, and stressed the importance of stronger laws to regulate crypto mining and prevent foreign exploitation. Senator Warren Raises Concerns Over Foreign-Owned Crypto Mining […] Source CryptoX Portal
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. After launching our own Ethereum exchange-traded funds in Hong Kong, we’ve experienced firsthand the unlock that comes with greater visibility among investors. We saw an immediate shift in the enthusiasm, tone, and tenor of our conversations with investors, both institutional and retail, who saw this moment as a shift in legitimacy for the asset class. So, as Ethereum (ETH) ETFs start trading in one of the world’s…
Grayscale’s Ethereum ETF (ETHE) experienced another day of significant net outflows totaling approximately $346 million on July 25. Per Farside data, the latest outflow brings the fund’s losses to $1.1 billion over the past three trading days following its recent conversion. Since its conversion, Grayscale’s Ethereum ETF’s (ETHE) assets under management have decreased sharply from over $9 billion to $7.4 billion. This significant drop coincides with the introduction of US spot Ethereum ETFs. On the other hand, BlackRock’s iShares Ethereum Trust (ETHA) led the inflow charts on the same day,…