Ethereum’s success as a tool in financial markets will depend on institutions’ ability to understand and monitor Ethereum’s concentration risks.
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Trump crypto venture peeves allies: ‘Huge mistake… the juiciest DeFi target ever’ [btcmanager]
The latest Trump family business venture — originally pitched as a DeFi platform dubbed “The Defiant Ones,” but has since been rebranded as World Liberty Financial — is fraught with controversy just days after it was unveiled. While Trump’s eldest…
Trump crypto venture peeves allies: ‘Huge mistake… the juiciest DeFi target ever’ [btcmanager]
The latest Trump family business venture — originally pitched as a DeFi platform dubbed “The Defiant Ones,” but has since been rebranded as World Liberty Financial — is fraught with controversy just days after it was unveiled. While Trump’s eldest…
Crypto VC funding: Balance brings in $30m, Hypernative collects $16m [btcmanager]
Venture capitalists are raising a ton more money for crypto-related funds this year compared to last year’s dismal downturn. According to the latest report from PitchBook, published on Sept. 5, the median fund size is up 65.1% to $41.3 million…
Starknet enjoys 11% surge, decouples from altcoin downturn [btcmanager]
Starknet, an Ethereum layer-2 scaling solution, rallied more than 11% over the past day. According to price data from crypto.news, Starknet (STRK) was trading at $0.438 upon writing. The altcoin reached an intraday high of $0.444. That’s 28% above its…
Litecoin sees higher whale activity: Santiment [btcmanager]
Litecoin, a peer-to-peer cryptocurrency, remained in a consolidation phase as open interest in the futures market remained muted and as whale activity rose. LTC whale activity increases Litecoin (LTC), created by former Google engineer Charlie Lee, was trading at $64,…
Litecoin sees higher whale activity: Santiment [btcmanager]
Litecoin, a peer-to-peer cryptocurrency, remained in a consolidation phase as open interest in the futures market remained muted and as whale activity rose. LTC whale activity increases Litecoin (LTC), created by former Google engineer Charlie Lee, was trading at $64,…
Solana, Jasmy prices brace for rare risky chart patterns [btcmanager]
Solana, JasmyCoin, and other altcoins continued their strong sell-off this week as the crypto fear and greed index fell. Solana and Jasmy are in a bear market JasmyCoin (JASMY) dropped to a low of $0.01717, down by over 58% from…
Bitcoin ETFs see $706m in outflows, BlackRock and WisdomTree buck trend [btcmanager]
Outflows from U.S. spot Bitcoin ETFs, or exchange-traded funds, surpassed $706 million this week as bears pushed Bitcoin to $53,304 — its lowest level since Aug. 5. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged $169.97 million…
$295m liquidated, crypto outlook darkens as Bitcoin downtrend continues [btcmanager]
Crypto investors suffered the biggest liquidation in over a week as Bitcoin and most altcoins continued their downtrend. Bitcoin and altcoins liquidations rise Data compiled by CoinGlass shows that total liquidations on Friday, Sep. 6, jumped to over $221 million,…