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Institutional adoption of Ethereum is accelerating at a pace that now eclipses Bitcoin, with ETH futures open interest topping $10 billion and spot ETH ETFs seeing inflows ten times higher than their BTC rivals. The total notional open interest (OI) in ETH futures recently crossed above $10 billion for the first time on record, according to the CME Group. Notional OI represents the total dollar value of active or open contracts at any given time. “We’re certainly seeing a resurgence and renewed enthusiasm in Ether futures — especially as it relates to institutional participation,” CME Group’s global head of cryptocurrency products, Giovanni Vicioso, told CoinDesk. Large Open Interest Holder Count Hits A New Record The CME offers standard-sized contracts of 50 ETH as well as micro-sized contracts of 0.1 ETH. Earlier this month, the number of large open interest holders, who hold at least 25 ETH contracts at a given time, reached a record of 101.  T...

Melania Meme (MELANIA) by First Lady Melania Trump is flashing what could be its most explosive setup yet, with technical indicators aligning for a potential surge of nearly 900%. This potential was highlighted by pseudonymous cryptocurrency analyst Master Ananda in a TradingView post on August 27, who noted that after months of steady decline, the token bottomed on July 8, with trading volume surging as the downtrend lost steam. MELANIA price analysis chart. Source: TradingView Since then, the coin has held a sideways structure but is now showing early recovery signals. Notably, on August 25, MELANIA formed a higher low compared to July, accompanied by a sharp uptick in trading volume, a sign that momentum may be shifting in favor of the bulls. The price has also climbed above key moving averages on the daily chart, signaling the start of a new bullish cycle. This combination of higher lows, moving average breakouts, and rising volume provides the recovery, reve...

Solana (SOL) has seen remarkable growth thanks to growing institutional interest and the success of the recently launched exchange-traded fund (ETF). Namely, the Solana Staking ETF (SSK) managed to cross $100 million in assets under management (AUM) within just 12 days after its debut on July 2, 2025, according to a statement posted on Business Wire .  In the meantime, the network’s total value locked (TVL) reached $14 billion, while its tokenized stock volume hit $293 million in one month, more than all other chains combined. BREAKING: SOLANA HITS $293M TOKENIZED STOCK VOLUME IN 1 MONTH — MORE THAN ALL OTHER CHAINS COMBINED!!! pic.twitter.com/9LgZIvoHmU — SolanaNews.sol (@solananew) July 22, 2025 Solana on-chain activity surges The explosion of on-chain activity on the network is largely due to the fact that SSK is the first U.S.-listed Solana ETF to integrate on-chain staking rewards, which appealed to institutional and retail investors alike. ...

Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence , shared some new thoughts on the future of crypto. Namely, in a July 21 post on X, McGlone stated that Bitcoin (BTC) and other cryptocurrencies may be fine, provided the stock market keeps going up. “Bitcoin, cryptos may be fine, as long as the stock market keeps going up.” – Mike McGlone The strategist’s post was a reply to Scott Melker, the host of The Wolf Of All Streets podcast, whose most recent episode, featuring McGlone as a guest, tackles topics including Bitcoin’s recent bullish trend and stablecoin legalization. Bitcoin, cryptos may be fine, as long as the stock market keeps going up https://t.co/2eYnlaGJ8D — Mike McGlone (@mikemcglone11) July 21, 2025 Why does the stock market matter for crypto? During the podcast discussion, McGlone expressed clearly the opinion that cryptocurrencies are intrinsically tied to the stock market, stating: “I can’t even have a view...

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The cryptocurrency market was seen celebrating Bitcoin’s latest win. The king coin recorded a new all-time high of $111,861.22. Meanwhile, several other assets were seen moving rather slowly. The community has been under the impression that the rest of the market would also pick up pace like Bitcoin. But Ripple’s XRP was seen struggling. The altcoin did not record any major upticks during this period. This does not mean that the asset’s future was bleak. Also Read: Dogwifhat Rallies 168% In 30 Days: Here’s When WIF May Hit $3 How High Is XRP Trading Right Now? Source: Watcher Guru During the past 24 hours, the fourth largest cryptocurrency increased by a dainty 0.37%. At the time of writing, Ripple’s cryptocurrency was trading at $2.42. XRP has been one of the most profitable assets during the past year. The asset went from trading at a low of $0.3911 to a high of $3.39. During this period, Bitcoin rose by 345%. Source: CoinMarketCap The highest price level that ...

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Cango (NYSE: CANG), a Shanghai-based automotive transaction services platform, has reportedly sold its legacy business in China to concentrate exclusively on Bitcoin mining. This significant strategic shift marks the company’s departure from its traditional automotive financing and trading operations. Cango Inc. to sell its PRC Business to Ursalpha Digital Limited for $351.94M, following the March 14th Letter of Intent. Details in the press release. https://t.co/v9DnPdUJTd #Cango #BusinessUpdate pic.twitter.com/tEYKzaCfPM — CANGO (@Cango_Group) April 3, 2025 According to sources familiar with the matter, Cango’s leadership believes that Bitcoin mining presents greater long-term potential than its existing business model. The divestment of its China-based operations is seen as a move to reallocate resources towards digital assets, which has gained considerable traction despite ongoing regulatory uncertainties. Divestment of Automotive Services Business ...

On March 24, Bitcoin (BTC) is spearheading what appears to be a cryptocurrency market resurgence after weeks of turbulence and stagnation. Specifically, on Monday, BTC soared 2.46% to its press time price of $88.142. BTC 1-day price chart. Source: Google The rally was the extension of a greater rise that started on Sunday, March 23, and kicked off with the world’s premier cryptocurrency changing hands at about $84,000. For the excitement in the digital assets market, its primary stock market extension, a selection of blockchain companies have been making even grander moves. Picks for you If you invested $1,000 in XRP at the start of 2025; Here’s how much you’d have now 56 mins ago XRP adds $100 billion to its market cap in a year ...

Meme coins have been making quite some noise in the cryptocurrency market. While the industry was mostly filled with canine-inspired coins, Pepe Coin’s entry into the market was a game-changer. The asset immediately caught the eye of the community. The industry witnesses the arrival of a plethora of new assets every day. While some turn out to be scams, a few others manage to make it big. PEPE has managed to make headlines time and again. As it currently sits in a rut, the meme coin could be ending the second month of 2025 on a good note. Also Read: Speculation About Trump Endorsing Ripple (XRP) Gains Momentum: Here’s Why PEPE’s Current Price Chart Source: NewsBTC During the time of writing, PEPE was trading at $0.000009472. This meme coin reached this level following a 0.64% drop over the past 24 hours. Along with its price, the market cap and the asset’s daily volume took a major hit. The 24-hour trading volume of PEPE experienced a 37% drop bringing the final figure...

The cryptocurrency market took a hit as hotter-than-expected economic data reignited inflation fears, triggering broader concerns. Over the past 24 hours, the global crypto market cap declined by 2.9% to $3.28 trillion, with Bitcoin (BTC) struggling to hold above $97,000. Despite the downturn, some altcoins are gaining traction, edging closer to key valuation milestones. In particular, Finbold has identified two cryptocurrencies, Binance Coin (BNB) and Solana (SOL), on track to reach a $100 billion market cap by March, fueled by growing institutional interest and an expanding DeFi ecosystem. Binance Coin (BNB) BNB is approaching a significant milestone, currently trading at $669 with a market cap of $95.32 billion. A 4.91% increase would push its market cap past $100 billion, translating to a price of $701.  Picks for you AI predicts X...

Tether, the issuer of the leading stablecoin USDT and one of the largest Bitcoin (BTC) holders, could now be forced to dump part of its BTC reserves, according to JPMorgan analysts. This raises questions on potential market impacts for both Bitcoin and USDT in 2025. As The Block reported this morning, JPMorgan analysts are looking to Tether’s reserves and the recently introduced U.S. bills, regulating stablecoins in the country. According to estimations, only 66% and 83% of the issuer’s reserves comply to each proposed bill at its current state. Percentage of Tether’s reserves compliant with the STABLE and GENIUS Acts. Source: J.P. Morgan / The Block Currently, Tether holds around $8 billion worth of 83,758 BTC in its reserves. This represents approximately 5% of all the $142 billion circulating USDT, which the company claims is 1:1 reserves-backed. Picks for you ...