Author: NBTC
Ethereum exchange-traded funds (ETFs) suffered devastating outflows of more than $465 million on Monday, according to data provided by SoSoValue. BlackRock’s iShares Ethereum Trust ETF (ETHA) took the biggest blow with $375 million. The Fidelity Ethereum Fund (FETH) comes in second place with $55.1 million. Not a single Ethereum ETF was in the green on Monday, with several products remaining flat. Still, ETH is up by roughly 4% over the past 24 hours, meaning that the bulls are not dismayed by the massive outflows. Off to a rough start In July, Ethereum ETFs attracted a staggering $5.4 billion worth of…
No public company in the United States merely holds gold as its corporate purpose, but a firm listing itself around its TON holdings is entirely viable (and in the works). While gold ETFs have existed for years, the Strategy-style (formerly MicroStrategy) treasury play isn’t viable for gold. As token-backed narratives gain traction, a new class of publicly traded companies is adopting a strategy defined less by operational revenue than by the assets on their balance sheets. These firms are placing crypto at the center of their identity, turning tokens like Bitcoin, Ethereum, XRP, and now TON into the nucleus of…
The US Commodity Futures Trading Commission has launched a “crypto sprint” to begin implementing crypto-related recommendations the Trump administration released on Wednesday. Acting CFTC chair Caroline Pham said on Friday that the agency would “work closely” with Securities and Exchange Commission chair Paul Atkins and Commissioner Hester Peirce on its “Project Crypto” initiative announced on Thursday. “The CFTC is wasting no time in fulfilling President Trump’s vision to make America the crypto capital of the world,” Pham said. Source: CFTC The initiatives are to implement agency-specific recommendations that US President Donald Trump’s Working Group on Digital Asset Markets made in…
Massive adoption and use of decentralized derivatives exchange, Hyperliquid, has led to a huge increase in Hyperliquid network revenue in July — largely at the expense of Solana, according to VanEck. In July, Hyperliquid earned 35% of all blockchain revenue, with growth coming at the particular expense of Solana, as well as Ethereum and BNB Chain, VanEck researchers wrote in a monthly crypto recap report. “Hyperliquid was able to capture much of Solana’s momentum, and likely Solana’s market capitalization, because it offers a simple, highly functional product,” VanEck Head of Digital Assets Research, Matthew Sigel and fellow analysts Patrick Bush…
Ethereum rallied past $3,700 earlier on Aug. 5 as whale and institutional accumulation intensified. Can it recover back above $3,800 by the end of the week? Summary Ethereum remains 148% above its year-to-date low despite recent volatility. New whale wallets have scooped up over $3 billion in two days. Macro uncertainty and ETF outflows continue to cap upside momentum for ETH. According to data from crypto.news Ethereum (ETH), the leading altcoin by market cap, rose 5.7% to an intraday high of $3,730 on Tuesday, Aug. 5, before settling back at $3,650 at press time. Its price is currently 148% above…
US President Donald Trump is planning to make new appointments to two key institutions in the coming days. This includes filling the vacant position at the Federal Reserve and appointing new directors to the Bureau of Labor Statistics (BLS). The openings in question occurred on Friday. The first Fed post was opened by the surprise resignation of Board Member Adriana Kugler, while the second position was left vacant after Trump fired Bureau of Labor Statistics Commissioner Erika McEntarfer. Trump told reporters on Sunday that he was considering several candidates for the Fed and would soon appoint a replacement for McEntarfer.…
Sam Bankman-Fried’s (SBF) appeal hearing has been scheduled to begin in the week of November 3, 2025, exactly two years after he was sentenced to 25 years in prison on seven counts of fraud and conspiracy following the widely chronicled collapse of his FTX exchange in 2022. Sam Bankman-Fried’s appeal of his conviction and 25-year sentence is set to be heard by the Second Circuit in the week of November 3, 2025. SBF’s appeal hearing is scheduled for November 2025 The proposed calendaring order was originally filed on July 30, 2025, which put the case on the docket two years…
Rumble Wallet is coming soon. According to Cointelegraph, Rumble CEO Chris Pavlovski has revealed that the platform is working on a new digital wallet. The wallet is being built in partnership with Tether and MoonPay. This marks a big step for Rumble, a video platform known for promoting free speech. With the new Rumble Wallet, the company hopes to bring financial freedom to its creators and users. What Is the Rumble Wallet? The Rumble Wallet is a digital wallet designed for tipping and transactions using cryptocurrency. It allows users to send and receive money directly, without depending on traditional banks…
The SEC’s Division of Corporation Finance issued a staff statement on Tuesday, declaring that properly structured liquid‑staking protocols and their receipt tokens generally do not constitute securities under U.S. law. This clarity has led to modest upticks in token prices and protocol activity. Lido’s governance token, LDO, rose by approximately 4.5%, from $0.88 to $0.92, before retreating to support. Similarly, Rocket Pool’s RPL token climbed 10.5%, reaching $7.28 from $6.59, before also giving up some gains. DeFiLlama data reveals that total liquid‑staking TVL stands at roughly $67 billion, with Lido dominating at $31.7 billion, maintaining a 47% market share. Despite the token…
Ethereum is trading at $3,667 at press time, rising 4% in the past 24 hours and indicating renewed interest after a sharp drop earlier in the week. Summary Ethereum open interest on Binance has hit a record $8.7B, nearly 3.5x higher than in the 2021 bull market. Despite neutral funding rates, rising volume and leverage point to bullish continuation potential. ETH price holds above support, and a break above $3,875 could extend gains, while a drop below $3,380 may trigger downside. Ethereum (ETH) is still up 46% over the past month, showing strong momentum, despite a 3.6% drop over the…