Ark Invest bought more than $75 million of crypto shares during June bloodbath
Ark Invest has a tendency to "buy the dip," loading up on shares in cryptocurrency companies when their prices are depressed. Source:CoinDesk
Bitcoin options traders load up on $50,000 puts and gold futures flash a death cross
Bitcoin options flows and a record gold OI suggest traders are bracing for further downside rather than a sustained recovery. Source:CoinDesk
Aave logs biggest network-growth day in nearly 5 years as DeFi interest returns
The lending protocol added 1,806 new wallets in a single day, the most since October 2021, according to Santiment. The AAVE token has risen about 20% in a week…
Bitcoin’s 20% June crash looks even deadlier on the charts. Here’s why
Bitcoin dropped by 20% in June, but the monthly chart reveals something far more concerning. Source:CoinDesk
Live markets: U.S. spot bitcoin ETFs had their worst month ever in June, shedding $4.5 billion
The record outflow beat the previous worst month by 29% and came on nine consecutive days of redemptions to close the period. Source:CoinDesk
XRP holds above $1 after leverage flush as network activity improves
Open interest has collapsed from last year’s highs while active addresses and ETF inflows rise, but XRP still needs to reclaim $1.10 before the chart turns…
Bitcoin just $5K away from ‘best investment opportunity’ of bear market
Bitcoin's recent selloff brought it within 10% of its realized price — a line that has marked the bottoming zone in Bitcoin's previous bear markets.…
Bitmine Ether buys eclipsed by $345M ETH ETF $345M outflows: Is sub $1.5K next?
Tokenization and RWA TVL growth highlight Ethereum’s fundamentals, but stagnant DApps and spot ETF outflows keep the pressure on ETH price. Source:Cointelegraph
Bitcoin price risks drop below $58K as US dollar hits 40-year high against yen
Bitcoin faced downside pressure as the US dollar hit its highest levels against the Japanese yen since 1986, while BTC price analysis revealed "capitulation"…
Nasdaq expands distribution of its market data into blockchain infrastructure
The exchange operator will offer its TotalView data feed through Pyth's marketplace as financial firms increasingly build applications on blockchain rails.…
Theo becomes first crypto-native investor in Fidelity tokenized fund
The onchain capital markets platform allocated $20 million to Fidelity International's tokenized liquidity fund as tokenized Treasury products continue to…
A 23% plunge in personal wealth leaves this country trailing its global peers
The average wealth per person has rapidly dropped in this country — and it’s not looking good compared with other developed markets. Source:MarketWatch