Spot Bitcoin ETF inflows are staging a clean comeback, and the world’s most influential asset manager just handed the crypto market a high-profile vote of confidence. BlackRock CEO Larry Fink told CNBC on July 15 that he is “very bullish” on the crypto market over the next 12 months, comments that landed on the same…
Another market oberver, though, challenged this thesis, indicating that ETH might have already found its bottom during this cycle. Ethereum’s native token rode the sub-CPI crypto rally like very few did, pumping toward a six-week peak of roughly $1,950. This means that it had recovered nearly 30% in value since its multi-year peak at…
A stablecoin depeg is not one event. It is two very different events that look identical on a price chart, and confusing them is how traders lose money on coins that were never actually broken. Summary A depeg happens when a stablecoin’s market price moves meaningfully away from its target, almost always one dollar, and…
Whales have renewed their interest in the asset. Despite rebounding from a local bottom near $1, Ripple’s cross-border token remains heavily suppressed in the current bear market and hasn’t been able to stage a decisive comeback. Even so, several key signs suggest the bulls might be getting ready to step in and take control…
With three weeks left on the Senate calendar, the President stopped selling crypto’s biggest bill on its merits and started selling it as a race against Beijing. The pitch is a tell, and it reveals exactly which argument Washington has already lost. Summary On July 13, Trump urged the Senate to pass the CLARITY Act…
In major news today, Binance has reportedly launched an $800,000 XRP reward campaign running until August 14, 2026, distributing XRP to users who hold RLUSD, or Ripple’s USD-pegged stablecoin, in qualifying accounts. The Binance airdrop pushed XRP price to around $1.12, a roughly 2% gain on the day, as analysts flagged the campaign as a…
The native token’s rebound yesterday turned out to be a classic dead-cat bounce. After several weeks of little to no updates from the Core Team regarding the status of the upcoming version 25, they finally announced the completion deadline. The question now is whether the next major upgrade can provide some relief for the…
The U.S. Senate has unanimously approved a nonbinding resolution opposing any federal clemency for FTX founder Sam Bankman-Fried. Summary Senators unanimously backed a resolution opposing any pardon, commutation or other federal clemency for Bankman-Fried. Bankman-Fried remains imprisoned for FTX fraud while his formal presidential pardon application continues seeking review. The resolution follows Trump’s earlier pardons…
Meanwhile, newly emerged whales have gone on a substantial ETH accumulation spree. Ethereum (ETH) has stolen the show in the past few days, posting impressive gains and outperforming the market leader and many of the larger-cap alts. One of the reasons behind this notable rally that drove it to a multi-week peak could be…
BlackRock’s iShares Bitcoin Trust has secured a major regulatory win after the U.S. Securities and Exchange Commission approved a fourfold increase in the ETF’s options position limit from 250,000 to 1 million contracts. Summary SEC has approved raising IBIT options limits from 250,000 to 1 million contracts. NYSE Arca says the higher cap matches strong…
