Author: Digicoinvision
BlackRock’s iShares Ethereum (ETH) Trust ETF (ETHA) recorded $1.244 billion in weekly inflows from Aug. 18-22, ranking second among all 4,400-plus ETFs tracked during the period.NovaDius Wealth president Nate Geraci noted in an Aug. 29 post via X that only Vanguard’s S&P 500 ETF outperformed ETHA’s with $1.711 billion in weekly flows.He also highlighted the significance of ETHA appearing among “heavy hitters” in weekly inflow rankings, demonstrating institutional appetite for Ethereum exposure.Further, Bloomberg ETF analyst James Seyffart reported on Aug. 29 that Ethereum ETFs have accumulated nearly $10 billion in inflows since July, marking substantial momentum for the asset class.Before…
Key points:Bitcoin risks falling into the $105,000 to $100,000 range over the weekend.Ether has pulled back in the near term, but remains above the crucial $4,094 support.Bitcoin (BTC) dropped near $108,100 on Friday, its lowest level since July 8. That suggests the bulls are losing their grip. Veteran trader Peter Brandt said in a post on X that BTC needs to climb back above $117,570 to “discount the past 7 weeks as a possible double top.”Despite the near-term weakness, network economist Timothy Peterson sounded bullish on BTC’s prospects for the rest of the year. In a post on X, Peterson…
BitMine Immersion Technologies saw its stock sink nearly 8% this week, yet that didn’t stop Cathie Wood’s ARK Invest from pouring another $15.6 million into the company. Related Reading The latest move comes during a period of heightened volatility in both equities and crypto markets. ARK Expands Its Holdings According to ARK’s trading disclosures on August 27, the firm bought 339,113 BitMine shares spread across three ETFs. The ARK Innovation ETF acquired 227,569 shares valued at a little over $10 million, while the Next Generation Internet ETF added 70,991 shares worth $3.27 million. The Fintech Innovation ETF purchased another 40,553…
Opinion by: Adrian Brink, co-founder of AnomaWeb3 was founded on decentralization, sovereignty, verifiability and resilience. Now, those values are under threat. The rise of AI agents is beneficial and inevitable. Unless agents are built on sovereign intent-centric infrastructure, they are a threat to the core values of crypto. The integration of intents is no longer just about improving UX; it’s about enabling agents to reach their full potential without sacrificing the soul of Web3. AI agents can help make blockchain interactions seamless and intuitive, but agents as they exist today bring serious security concerns and do not align with Web3 values. Today’s…
Japan was the first country to establish a regulatory framework for stablecoins. Yet, until now, it has taken a seemingly passive role in the technology, with no blockchain-based representation of its national currency, the yen. That may soon change. After years of quiet infrastructure development, Japan is preparing to launch its first fully collateralized, yen-backed stablecoin later this year.Takashi Tezuka, Japan’s country manager at Web3 infrastructure provider Startale Group, told Cointelegraph that the gap between Japan and the United States on stablecoins reflects a deeper philosophical difference.“The GENIUS Act was greeted with a mix of relief and curiosity,” Tezuka said, referring…
The foundation has committed to support the community consensus on the admittedly difficult hard fork decision. Seeing the results of various metrics, including carbonvote, dapp and ecosystem infrastructure adoption, this means that we will focus our resources and attention on the chain which is now called ETH (ie. the fork chain). That said, we recognize that the Ethereum code can be used to instantiate other blockchains with the same consensus rules, including testnets, consortium and private chains, clones and spinoffs, and have never been opposed to such instantiations. All users who had ETH before block 1920000 now have both ETH…
Key takeaways 21Shares filed S-1 form with the SEC for the SEI ETF, joining Canary Capital and Cboe. SEI was experiencing intense downward pressure as sellers dominate both the Spot and Futures markets. With institutional demand for crypto assets at an all-time high, market players have set their eyes on Spot ETFs. In fact, since the launch of the Ethereum [ETH] spot ETF in mid-2024, multiple ETFs have been filed, signaling significant demand. 21Shares File for SEI ETF In a significant development, 21Shares filed an S-1 registration form with the United States SEC for SEI ETFs. According to the filing,…
A common refrain has emerged in the Bitcoin community: fix the money, fix the world. While there is every reason to be optimistic about Bitcoin’s impact on society it is not enough to rely on lines of code to fix our world. Rather, in this essay on the ethics of immutability, I argue that fixing oneself is the true revolution, and in turn, collectively, as actors in this global network, we are the revolution of change. Bitcoin was designed to be decentralized, censorship-resistant, open source and unconfiscatable, qualities that set it apart from traditional banking and financial infrastructure. Bitcoin’s architecture…
Ethereum’s derivatives markets are flashing heightened activity as open interest climbs across futures and options, while liquidations reveal heavy pressure in recent trading sessions. Ethereum Open Interest and Options Activity Hit New Highs as August Comes to a Close Ethereum futures open interest has expanded sharply in recent weeks, climbing to more than $60 billion […]
While Bitcoin balances continue their months-long decline on the exchange, Ethereum deposits are quietly swelling. This divergence paints a clear picture of two competing asset narratives, with traders likely rotating into altcoins. Summary OKX publishes its 34th proof-of-reserves, confirming $33.7 billion in fully backed assets. Bitcoin balances continue to decline on the exchange while Ethereum deposits rise. XRP, Dogecoin, Solana, and major stablecoins also show strong backing above 100%. On August 29, crypto exchange OKX published its 34th consecutive monthly proof of reserves, verifying it holds all user assets with a substantial surplus. The audit, dated August 18, confirms the…