In brief The SEC has hired Jamie Selway as the new director of its trading and markets division. Selway previously worked at Blockchain.com and the Coinbase-acquired Skew. The regulator has taken a more crypto-friendly approach to regulating the space under President Trump. The U.S. Securities and Exchange Commission’s new director of the trading and markets … Read more
Over 30,754 BTC worth $3.3B have flowed into accumulation wallets, signaling long-term bullish conviction. Bitcoin slumped to $103K after Israeli airstrikes on Iran, but spot holders continued stacking aggressively. Over 3.77M BTC have left exchanges in five years, reducing sell pressure and setting the stage for future rallies. Bitcoin’s price experienced a sharp drop in … Read more
Crypto markets are buzzing, and Ripple (XRP) is back in the spotlight as speculation over potential XRP ETF approvals drives investor excitement. XRP bulls are eyeing a familiar breakout path, with analysts suggesting a 400% rally could be on the table, echoing its 2024 surge. But while legacy players gain traction, the real FOMO is … Read more
Crypto Plunges, Israel strikes Iran, Gold & Oil Soar Crypto Plunges, Israel strikes Iran, Gold & Oil SoarFOMO HOUR EP378 Crypto plunges as Israel strikes Iran. $1.1bn liquidations, Wynn liquidated again. GameStop upsizes debt raise to $2.25bn, to buy BTC. 21 companies launched BTC reserve in last 30 days. Sharplink falls 70% after equity re-sale … Read more
Nasdaq-traded company from Austin, Texas, Interactive Strength, made headlines by betting big on AI tokens. It announced setting up a crypto treasury and investing $500 million in Fetch AI token (FET). The problem is that the company is far from being well, the token is far from its winter peak, and the $500 million claim … Read more
Key takeaways: Rising spot ETH ETF inflows and BlackRock’s accumulation signal strong institutional investor interest, supporting a bullish outlook. A dip to $2,100 could be a strategic entry point, bolstered by tokenized AUM surpassing $5 billion and a potential Q4 breakout driven by year-end strategies. Ether (ETH) price witnessed a volatile period this week as the altcoin … Read more
Sharplink Gaming has secured 176,271 ETH for $463 million, becoming the largest publicly traded holder of ether globally, and actively staking the majority of its position to earn network rewards. Acquisition of 176,000+ ETH Sees Sharplink Double Down on Ethereum Sharplink Gaming, Inc. (Nasdaq: SBET) has made headlines by acquiring 176,271 ETH for $462.9 million, … Read more
Avalanche (AVAX) experienced a significant price drop of nearly 14% following geopolitical tensions sparked by Israel’s strike on Iran, reflecting heightened market volatility and bearish technical trends. The broader altcoin market also faced pressure as rising oil prices and inflation concerns drove investors toward safer assets, intensifying risk-off sentiment across crypto markets. According to COINOTAG, … Read more
Statechains are an original second layer protocol originally developed by Ruben Somsen in 2018, depending on the eltoo (or LN Symmetry) proposal. In 2021 a variation of the original proposal, Mercury, was built by CommerceBlock. In 2024, a further iteration of the original Mercury scheme was built, Mercury Layer. The Statechain protocol is a bit … Read more
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Volatility is back. After rallying to $167 on June 11, SOL reversed sharply below $145 as geopolitical shocks rattled risk markets. Israeli airstrikes on Iran and the ensuing global rush to hard assets appear to be the trigger here. Oil surged. Gold … Read more