Ark Invest, run by Cathie Wood, is engaged in a strategic profit-taking on the impressive post-IPO performance of Circle, selling off another large position this week. At the same time, the investment company increased its holdings in Robinhood and Coinbase, which indicates the persistence of trust in digital asset platforms.
Michael Saylor’s Strategy has acquired 245 Bitcoin for $26 million as market volatility increased due to escalating geopolitical tensions. The company disclosed the purchase in a U.S. SEC filing on June 23. According to the filing, Strategy bought BTC at an average price of $105,856 during the week ending June
The overall crypto market cap has slipped by 1.04%, settled at $3.11 trillion. Notably, the fear sentiment is hovering across the assets, with the fear and greed index value holding at 37. Among the altcoins, Four (FORM) has jumped by over 11.61% in the last 24 hours, emerging as the
Pendle (PENDLE) is undergoing a major bearish pressure as indicated by various technical indicators that show that the altcoin has more downside potential. As per the CMC data, PENDLE is currently trading at $3.31 with an intraday drop of 6%. It has lost a lot of its value since its
While all the major crypto assets stepped into the red territory, few of them stayed within the green zone. The broader trading pattern in the market fluctuates often. Among the altcoins, Raydium (RAY) has emerged as one of the top gainers in the list, posting a surge of over 9.56%.
Regulators around the world are paying closer attention to the fast-evolving crypto industry—a space known for its constant innovation and decentralized nature. At the same time, several major court rulings in recent years have begun to reshape how the sector is viewed and handled legally. These legal actions and shifts
In a historic milestone for the crypto market, the U.S. Senate approved the Genius Act, a much-anticipated stablecoin bill that brings federal regulation and regulatory certainty to one of the most important parts of the digital asset ecosystem. The bill, which has gained bipartisan support, now heads to the House
VanEck’s proposed spot Solana ETF, trading under the ticker VSOL, has officially been added to the DTCC’s “active and pre-launch” list. This move suggests that most of the behind-the-scenes prep is done, and the ETF could be closing in on final approval from the SEC. Even though VSOL isn’t available
Cardano faces a critical technical juncture as the cryptocurrency enters its fifth consecutive week of price decline, requiring reclamation of crucial indicators between $0.68 and $0.70 to restore bullish momentum. The correction began during the week of May 12 after ADA reached a high of $0.86, marking the end of
European asset manager CoinShares has filed an S-1 form with the SEC to launch a spot Solana ETF. This move places CoinShares alongside seven other major firms seeking approval to offer SOL-based exchange-traded products. The proposed “CoinShares Solana ETF” would track the price of Solana, the sixth-largest crypto by market
