Author: Kryptonews
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum has cooled after months of strong buying pressure and bullish momentum, with the market now entering a consolidation phase. Over recent weeks, ETH has traded sideways just below its all-time high, leaving investors uncertain about the short-term outlook. While the lack of follow-through has tempered some of the optimism seen earlier this year, fundamentals suggest that Ethereum’s position in the market remains resilient. Institutional accumulation continues to be one of the defining themes supporting ETH. Large-scale withdrawals from exchanges point to a steady trend of investors…
CoreWeave (CRWV) were higher by about 5% in early U.S. trading Monday after the cloud computing company entered into a $6.3 billion deal with Nvidia (NVDA) to guarantee use of its excess server capacity, according to a filing with the Securities and Exchange Commission.Under the agreement, Nvidia will buy any unused computing resources from CoreWeave through April 2032. The arrangement ensures that CoreWeave’s vast fleet of data centers will not sit idle if customer demand fluctuates. If CoreWeave’s clients don’t fully book its servers, Nvidia is obligated to step in and purchase the residual capacity. Either company can exit the…
Key NotesGalaxy Digital scoops up 1.2 million Solana in a single day, worth $306 million.Total Solana purchases reached 6.5 million coins in five days.Solana is trading close to $236, gaining 25% over the past month despite a slight daily dip. Galaxy Digital has bought another 1.2 million Solana SOL $234.7 24h volatility: 4.4% Market cap: $127.33 B Vol. 24h: $10.76 B , worth about $306 million, in the past 24 hours. The new move adds to a buying spree that has seen the investment firm secure nearly 6.5 million Solana in just five days. The total value of these purchases…
Digital asset investment products returned to strong inflows last week, with $3.3 billion added, according to the latest report from CoinShares.The renewed appetite came after weaker-than-expected U.S. macroeconomic numbers, which bolstered demand for alternative assets. End-of-week price gains across the sector lifted total assets under management (AuM) to $239 billion, close to August’s all-time high of $244 billion.The rebound shows growing institutional interest in digital assets after a period of subdued flows, suggesting investors see them as both a hedge and a growth opportunity amid uncertain macroeconomic conditions.U.S. Dominates Regional FlowsRegionally, the United States led by a wide margin, recording…
Crypto investment products reversed their recent outflow trends last week, with Bitcoin, Ether and Solana exchange-traded products (ETPs) recording significant inflows. Global crypto ETPs saw $3.3 billion in inflows last week, lifting overall assets under management (AUM) to $239 million, which nears the record high seen in August. Last month, crypto ETPs saw an all-time high AUM of $244 billion. The inflows came as underlying assets showed modest gains over the week. Bitcoin (BTC), which traded at $111,900 last Monday, rose 3.3% to $115,600 on Friday. Ether (ETH) went from $4,300 to $4,500 last week, a 4.6% gain in five days. Meanwhile, Solana…
The crypto space has a new name making waves: Boundless (ZKC). Built by the RISC Zero team, it’s a proving layer that lets blockchains borrow the power of zero-knowledge proofs without the heavy lifting. Think of it as a shared engine that helps different networks run faster, cheaper, and with more security. After its big debut on Binance, ZKC is quickly turning heads and could play a key role in how blockchain scales in the years ahead.What is Boundless?Boundless ZKC is one of the newest players shaking up blockchain infrastructure. It comes from the minds at RISC Zero, the folks…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.GM!Today’s top news: Crypto majors flip red overnight after green weekend; BTC back at $115,000 Total3 hits new ATH at $1.12T over the weekend Galaxy Digital helps FORD buy $700M+ in SOL, driving SOL briefly past $240 PUMP soars to $8B in massive weekend, flips Hyperliquid in revenue & sets new ATH in creator fees Punk Strategy buys 6 Punks as token runs to $30M then dips 🚀 Pump.fun Soars…
By Omkar Godbole (All times ET unless indicated otherwise)The crypto market has stalled since Saturday, with bitcoin BTC$115,113.86 once again failing to keep gains above $116,000 alongside continued selling by wallets of early adopters, or OGs.According to blockchain analyst Lookonchain, on Sunday an eight-year BTC holder moved 1,176 BTC worth over $136 million to Hyperliquid and started dumping. This holder is known to have exchanged 35,991 BTC for 886,731 ETH in recent months.Other long-term holders have also been liquidating coins in recent months as the market continues to adjust to a six-figure price as the new normal for BTC.But the…
Key takeaways:Bitcoin’s weekly close above $115,000 signals bullish strength. BTC’s bull flag breakout could trigger a rally to $120,000.Bitcoin (BTC) may see further upside over the next few days after BTC/USD ended the second week in the green above $115,000, according to analysts.Why Bitcoin is bullish above $115,000Bitcoin price completed its second consecutive week of gains on Sunday, 8% above its Aug. 30 low of $107,270, per data from Cointelegraph Markets Pro and TradingView. Bitcoin reclaimed the crucial level of $115,000, which has capped the price since Aug. 24.BTC/USD weekly chart. Source: Cointelegraph/TradingViewTrader Titan of Crypto noted that $115,000 was the key…
Polkadot’s decentralized autonomous organization (DAO) passed a referendum approving a hard cap on the network’s native token for the first time. The decision set the maximum supply at 2.1 billion Polkadot (DOT) tokens, a significant pivot from the previous tokenomics model, under which new tokens were indefinitely issued yearly. Under the old inflationary model, Polkadot minted about 120 million DOT tokens annually, with no limit on the token’s total supply. The project said the supply could have swelled to more than 3.4 billion tokens by 2040 under the old model. The new framework introduces a gradual issuance reduction every two years. At…
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