Author: Kryptonews

The Ethereum Foundation has finalized an over-the-counter (OTC) sale of 5,000 Ether to BitMine Immersion Technologies, a transaction worth about $10.2 million based on the agreed price of $2,042.96 per ETH.In a Saturday post on X, the foundation said proceeds from the sale will support core operations, including protocol research and development, ecosystem growth initiatives and community grant programs. The onchain transfer will originate from an Ethereum Foundation Safe multisignature wallet.BitMine, a publicly traded company on the NYSE American under the ticker BMNR, has emerged as one of the largest corporate holders of Ether (ETH). Chaired by Fundstrat co-founder Tom…

Though we’re still waiting on a lot of the formal rulemaking and proposed rulemaking from the federal securities and commodities regulators, last week’s memo is another sign that the SEC and CFTC are at least serious about signalling these efforts are coming.You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions.The narrativeThe U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission formally agreed to work more closely together to explain how they’d oversee crypto and other issues.Why it mattersThe agencies continue to signal that…

The Holo (HOT) coin is forming a bullish structure, which market analyst Cryptobullmaker believes signals a looming trajectory to price upside. Holo (HOT) is the native cryptocurrency of the Holochain ecosystem that powers a decentralized hosting platform for distributed applications. In short, the HOT coin functions as a digital currency that drives the peer-to-peer network by enabling users to exchange value and participate actively in hosting DApps (decentralized applications). HOT is currently attracting the attention of crypto traders, eliciting discussions among market observers about the asset’s price movements amid the volatile crypto market. Today, market analyst Cryptobullmaker shared his insights…

Bitcoin options traders are rotating back into calls, with derivatives data suggesting growing conviction that BTC can reclaim the $80,000 level before the end of the second quarter. On-chain options platform Derive.xyz places the probability of BTC trading above $80,000 by the end of June at approximately 35%. On 4 March 2026, BTC broke out of a symmetrical triangle that had compressed price between $63,000 and $72,000, with the breakout accompanied by elevated volume. As of March 9, BTC was trading at approximately $68,400, up 3.7% on the session, with the 50-day EMA at $74,400 representing the nearest meaningful resistance…

The launch of BlackRock’s iShares Staked Ethereum Trust represents a pivotal moment in the ever-evolving cryptocurrency space. With an impressive $15.5 million in trading volume on its first day, this debut is not only a testament to the innovation in crypto-based investment solutions but also a clear reflection of the burgeoning interest among investors. There’s a palpable shift towards integrating traditional finance with cutting-edge digital assets. For those keen on understanding the intricacies of this phenomenon, delving into the world of crypto investing can unveil a treasure trove of insights and opportunities.Understanding Staking RewardsAt the heart of the iShares Staked…

Traditional altcoin cycles, which featured broad market rallies called “altseason,” are now a relic of the past as new crypto market dynamics set in, according to Andrei Grachev, Managing Partner of DWF Labs, a crypto market maker and investment firm.Too many tokens competing for limited capital and mindshare, a smaller number of market participants, and crypto exchange-traded funds (ETFs) altering market dynamics by trapping liquidity are driving factors of the disruption, Grachev told Cointelegraph.An institutional focus on large-cap digital assets like Bitcoin (BTC), Ether (ETH) and tokenized real-world assets (RWAs) is also diverting capital and attention away from altcoins, he…

A meme coin linked to US President Donald Trump surged as much as 60% over the past 24 hours after promoters touted an exclusive gala at the president’s Mar-a-Lago resort, though the White House has not confirmed whether Trump will attend the event. Key Takeaways: The TRUMP meme coin jumped as much as 60% after promoters advertised a Mar-a-Lago gala linked to the president. Trading activity surged, with daily volume topping $1.6 billion and derivatives open interest rising over 20%. Despite the rally, the token remains more than 90% below its peak price from early 2025. The rally pushed the…

Bitcoin was the first asset to price the Iran war because it was the only liquid market open when U.S. and Israel first launched their attack on a Saturday, a few weeks ago.It dropped 8.5% that day. Two weeks later, it has outperformed gold, the S&P 500, Asian equities, and the Korean stock market. Only oil and the dollar have done better, and both are direct beneficiaries of the conflict itself.Bitcoin’s safe-haven status — a notion that was contested amid late last year’s price lull — seems to be back in investors’ minds. On top of that, it’s acting like…

A major change in liquidity is happening in the decentralized finance space as key institutions and wealthy investors known as whale are shifting large amounts of AAVE which is the governance token used by the Aave protocol into centralized exchanges (CEXs). On-chain data supports this conclusion, as it shows these actions were coordinated or at least coincided with one another. This is a typical sign that decisions being made by institutional and whale investors are likely to result in significant downward selling pressure. Blockchain Capital Liquidation – End of an Era? Lookonchain has reported that Blockchain Capital has deposited its…

The Dogecoin price is currently trading at $0.0922, trapped between a rapidly improving technical structure and a suffocating macro sentiment backdrop. While the broader market remains risk-averse, DOGE has printed a ‘Morning Doji Star’ pattern on the monthly chart, a classic DOGE bullish reversal signal that has historically preceded violent rallies. (SOURCE: Fear & Greed Index) This technical optimism, however, clashes directly with the “Extreme Fear” (15/100) currently gripping the Fear & Greed Index for the sector. The immediate directional bias now hinges on a singular inflection point: the $0.094 resistance level. DOGE is experiencing this indecision as the total…