Ethereum advocacy firm Etherealize has closed a $40 million funding round to help it pitch the blockchain to Wall Street in a week that’s already seen public firms add over $1.2 billion worth of Ether to their treasuries. Etherealize said on Wednesday that the crypto-focused venture firms Electric Capital and Paradigm led the round, which it would use to “continue driving institutional adoption of Ethereum.” The company launched in January with funding from the Ethereum Foundation and Ethereum co-founder Vitalik Buterin to educate institutions on the blockchain and the Ether…
Tag: Market
U.S. Bancorp reenters Bitcoin custody market in post-SEC landscape
U.S. Bancorp is reportedly reviving its Bitcoin custody business, betting that institutional demand now outweighs the perceived regulatory risks. The bank had shelved the service for three years due to prohibitive capital requirements imposed by the SEC. Summary U.S. Bancorp is reviving its Bitcoin custody service after a three-year pause, targeting institutional clients and spot Bitcoin ETFs. NYDIG will serve as sub-custodian, while U.S. Bancorp acts as client-facing intermediary. Spot Bitcoin ETFs have drawn $54.57 billion in inflows and now hold 6.45% of BTC supply, intensifying demand for trusted custodians.…
KuCoin Doubles Down on Vietnam Market With New Partnership
Key Notes KuCoin teams up with VBA and 1Matrix to accelerate blockchain development in Vietnam. The partnership combines global expertise, local resources, and policy advocacy. KuCoin continues its global expansion plans with BC Wong as its new CEO. Seychelles-based crypto exchange KuCoin has entered a Memorandum of Understanding (MoU) with the Vietnam Blockchain and Digital Assets Association (VBA) and 1Matrix Joint Stock Company. 🇻🇳 KuCoin has signed an MoU with @VietnamVBA and @1matrixvietnam to advance blockchain infrastructure and digital asset development in Vietnam. This collaboration focuses on:✅ Pilot trading platforms…
Live: Is Red September Back? What’s Happening in Crypto Market on Sept. 3
The start of the month has been quite dynamic for the cryptocurrency market. Bitcoin is trading at $110,000, significantly below the $123,000 reached in mid-August. Ethereum has dropped nearly 2% of its value in the last 24 hours, hovering around $4,300. Despite the recent downtrend, this price level still reflects a 30-day gain of over 21%. Meanwhile, Bitget Token, Fartcoin, Bitcoin Cash, and Ondo are among the top performers at the moment, with 24-hour gains ranging from 4% to 7%. next Disclaimer: Coinspeaker is committed to providing unbiased and transparent…
Decoupling: Crypto Goes Up While US Stock Market Goes Down
Key Notes Bitcoin trades at $110,987 with 1.58% gains while S&P 500 falls 1.48%, breaking traditional correlation patterns on September 2. Altseason Index reaches 61 on Coinglass as Bitcoin Dominance drops from 65% cycle peak to 58%, indicating capital rotation to altcoins. Strategy purchased 4,000 BTC worth $449 million while crypto total market cap rises 1.5% to $3.77 trillion intraday. Historically, the cryptocurrency market, led by Bitcoin BTC $110 569 24h volatility: 1.3% Market cap: $2.20 T Vol. 24h: $53.31 B , has registered a significant correlation to the US…
Bitcoin Whale Buys More Ether as Market Matures
The “Bitcoin OG,” which began rotating its $11.4 billion fortune to Ether in August, has continued buying ETH over the weekend and now holds $3.8 billion of it, onchain data shows. In its latest move, the Bitcoin whale sold 4,000 Bitcoin (BTC) worth $435 million, exchanging it for 96,859 spot Ether over a 12-hour splurge, Lookonchain said in a post on Sunday. The whale then deposited another 1,000 Bitcoin into decentralized exchange Hyperliquid on Monday, potentially for more Ether (ETH) buying. The blockchain analytics service first noticed the whale on…
Bitcoin bull market will be 'over' if $100K BTC price is lost — Trader
Bitcoin faces the support retest that will decide the fate of its latest bull market, analysis says — can bullish RSI divergences save the day? Key points: Bitcoin bulls can kiss goodbye to the entire bull market if they lose $100,000 support, a new forecast predicts. BTC price action faces a battle of RSI signals as bullish and bearish divergences compete. Read more Original
Gryphon-American Bitcoin Merger: Should You Buy In Before Trump‑Backed ABTC Hits the Market?
Many view holding GRYP shares as a pre-public opportunity to participate in the Trump family’s “ Bitcoin bet.” But should you buy in before American Bitcoin officially merges with Gryphon Digital Mining? The Gryphon-American Bitcoin Merger The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and […] Original
Bitcoin: Bull Market Support Band
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io It is time for an update to the #Bitcoin bull market support band! Into The Cryptoverse Premium SALE: Into The Cryptoverse Newsletter: LIFETIME OPTION: Alternative Option: Merch: Disclaimer: The information presented within this video is NOT financial advice. Telegram: Twitter: TikTok: tiktok.com/@benjamincowencrypto Instagram: Discord: Facebook: Reddit: Website: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Google Search Trends Call Last Local Market Top
The crypto market succumbed to a significant amount of bearish pressure starting on Thursday, August 28, with most large-cap assets tumbling to new lows on Friday, August 29. The price of Bitcoin, the world’s largest cryptocurrency by market capitalization, fell to a new low of $107,850 at the start of the weekend. Unsurprisingly, the latest data shows that this latest price decline seen across the digital asset market could have been predicted. This conclusion is based on recent crypto activity on the world’s largest search engine, Google. Is The Crypto…