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BlackRock’s iShares Bitcoin Trust (IBIT) crossed $80 billion in assets under management on July 10, becoming the fastest exchange-traded fund (ETF) to reach the threshold in 374 trading days.
Bloomberg senior ETF analyst Eric Balchunas noted on X that IBIT outperformed the Vanguard S...
Bitcoin (BTC) registered a new all-time high of $118,287.46 on July 11 and is up 3.3% in the past 24 hours, but major altcoins are leading the gains during the same period.
Ethereum (ETH) breached the $3,000 threshold for the first time since Feb. 2, and is currently trading at $2,987.55 as of press time, with a 6.1% daily increase.
XRP’s daily gains are at 10.4%, with the token reaching a price...
Grayscale Asset Management has questioned the US Securities and Exchange Commission (SEC) decision to issue a stay on the application to convert the Digital Large Cap Fund (DLCF) into an exchange-traded fund (ETF).
In a July 8 letter, Grayscale’s legal team argued that the SEC exceeded its authority, as the application had already been approved by the SEC staff prior to the stay.
Earlier in the...
Ethereum is advancing its long-term scalability strategy with a substantial technical shift to integrate the zero-knowledge Ethereum Virtual Machine (zkEVM) into the layer-1 blockchain.
On July 10, Sophia Gold, an Ethereum Foundation developer, stated that the foundation aims to ship the L1 zkEVM within a year, marking a critical evolution in Ethereum’s pursuit of efficient, censorship-resistant...
Ethereum’s daily futures trading volume exceeded Bitcoin’s for the first time on July 10, a landmark development that coincided with the asset’s price testing the $3,000 level.
The technical flip in the derivatives market indicates a potential shift in trader sentiment and capital allocation, lending credence to narratives of a changing market structure.
Data from Glassnode showed that 24-hour...
Ethereum has surged past the $3,000 mark for the first time since February, riding on the renewed momentum sweeping across the broader crypto market.
According to CryptoSlate data, ETH’s price peaked at $3,033 during the last 24 hours amid a 9% increase. However, its value has slightly retraced to $2,991 as of press time.
This milestone follows Bitcoin’s explosive rally to a new all-time high...
US-based spot Bitcoin ETFs saw a dramatic uptick in investor activity as the top crypto price reached a new all-time high of over $118,000, at least in dollars.
According to SoSoValue data, the 12 funds saw cumulative inflows of $1.2 billion, the second strongest daily performance since launch in 2024, and the best this year. Since mid-April, the funds have attracted more than $15 billion in...
The European Securities and Markets Authority (ESMA) has raised red flags over Malta’s handling of license approvals under the EU’s Markets in Crypto-Assets (MiCA) regulation.
In a peer review report released on July 10, ESMA highlighted deficiencies in how the Malta Financial Services Authority (MFSA) approved a recent crypto asset service provider (CASP), urging tighter oversight moving forward...
Solana-based memecoin platform Pump.fun is preparing for what could become one of the largest token sales in crypto history.
The project aims to raise $1.32 billion through its upcoming PUMP token offering, potentially securing the third spot among the highest-ever fundraising events in the industry.
According to data from Cryptorank, Pump.fun’s fundraising goal would put it just behind the now-...
Bitcoin surged to a new all-time high against the US dollar on July 10, hitting $111,683 on Binance before closing the day even higher at $115,244. The breakout marked another milestone for dollar-based investors in Bitcoin’s 2025 bull cycle.
But while the headlines celebrated a fresh record, BTC told a different story when priced in euros or pounds. The BTC-EUR pair ended the day at €95,720,...