US-based spot Bitcoin and Ether exchange-traded funds achieved their strongest week of buying and selling quantity but, logging an unprecedented $40 billion in mixed weekly quantity. The milestone represents a major surge in institutional curiosity, pushed primarily by Ether ETFs stepping up with exceptional buying and selling exercise. Ether ETFs particularly recorded roughly $17 billion in weekly quantity, utterly shattering earlier information and demonstrating renewed institutional urge for food for the second-largest cryptocurrency. ETF analyst Eric Balchunas described the efficiency because the “largest week ever” for crypto ETFs, highlighting how Ether had been “asleep” for 11 months earlier than this…
Author: CryptoGate
US-based spot Bitcoin and Ether exchange-traded funds (ETFs) simply logged their strongest week of buying and selling quantity but, based on an ETF analyst.“Largest week ever for them, due to Ether ETFs stepping up huge,” ETF analyst Eric Balchunas said in an X submit on Friday.Ether ETFs have been “asleep” for 11 months, says Balchunas“Ether ETFs’ weekly quantity was about $17b, blowing away file, man did it get up in July,” Balchunas stated.It got here the identical week Bitcoin (BTC) reached a brand new all-time excessive of $124,000 on Thursday, whereas Ether (ETH) got here near reclaiming its November 2021…
In keeping with experiences, Canary Capital has taken a proper step towards an ETF tied to the TRUMP memecoin by registering an entity known as the “Canary Trump Coin ETF” with the Delaware Division of Firms on August 13. Associated Studying That registration is an early, procedural transfer and doesn’t imply the fund has been filed with or authorized by the US Securities and Change Fee. Markets reacted rapidly; TRUMP rebounded from about $9.35 to $9.55 after the information, marking simply over 10% good points for the week at press time. Regulatory Route And Competing Filings Based mostly on experiences,…
Aave reached a number of all-time highs this week, fueled by the heated crypto market.The cash market protocol reached $3 trillion in cumulative deposits on Aug. 15, whereas surpassing $29 billion in active loans on August 13, in line with Token Terminal knowledge.Moreover, Aave’s whole worth locked (TVL) climbed to a file excessive above $40 billion on Aug. 14, based mostly on DefiLlama knowledge. The achievements come amid DeFi lending rising because the second-largest class with $75.3 billion in mixed TVL.Lending sector exhibits robust progressDeFi lending protocols collectively handle $75.3 billion in whole worth locked throughout 540 protocols, making it the second-largest…
On account of sure legal guidelines and court docket rulings, it’s changing into an increasing number of tough to protect one’s privateness when speaking and transacting on-line, however there are steps we will take to keep up our privateness, as per what Bitcoin coverage advocate Freddie New shared in my latest interview with him. Earlier than attending to these steps, although, please permit me to supply some background on how on-line privateness has been negatively impacted in each the UK and US as of late. July 25 marked the primary day of enforcement for the UK’s Online Safety Act, which…
TL;DR Whales, hackers, and the Ethereum Basis wallets moved over $500M in ETH by means of giant gross sales and withdrawals. Ethereum transfers rose to 4.6M ETH, nearing the month-to-month excessive of 5.2M recorded in July. Staking inflows hit 247,900 ETH, the very best in a month, locking extra provide from buying and selling. Giant Withdrawals and Whale Exercise Ethereum (ETH) has seen heavy motion from main wallets over the previous few days. On-chain knowledge from Lookonchain shows a newly created pockets pulled 17,591 ETH, value $81.62 million, from Kraken in simply two hours. Over three days, two new wallets…
Wellgistics Well being Inc. has formally launched a groundbreaking XRP-based fee system that allows over 6,500 impartial pharmacies throughout the USA to course of transactions utilizing blockchain expertise. The pharmaceutical distribution firm introduced the launch of its XRP Implementation Program on August 13, 2025, marking one of many first large-scale adoptions of cryptocurrency funds within the healthcare sector. The brand new fee system leverages the XRP Ledger to offer real-time, low-cost transactions that bypass conventional banking infrastructure. In accordance with SEC filings dated August 3, 2025, this system permits pharmacies to pay for merchandise immediately whereas decreasing transaction charges considerably…
In an unique interview with Cointelegraph, crypto commentator Udi Wertheimer lays out a provocative thesis: During the last 5 years, establishments have been quietly shopping for out outdated Bitcoin (BTC) holders — and it’s reshaping the market in a method few have appreciated.“For the final 5 years, they’ve been shopping for out outdated holders of Bitcoin,” Udi explains. “Each type of outdated Bitcoin maxis, but additionally… individuals who all the time had some portion of Bitcoin and have been promoting it over time to get into ETH (ETH) or Solana (SOL) or no matter.”These new patrons aren’t flippers, they’re “compelled…
Bitcoin (BTC) staged a gentle rebound from yesterday’s inflation-driven drop to $117,180, climbing again towards $119,000 on the time of writing. A declining leverage ratio suggests the highest cryptocurrency’s bullish momentum may persist, conserving it within the working for a brand new all-time excessive (ATH) within the close to time period. Bitcoin Leverage Ratio Falls, Bulls Rejoice In line with a CryptoQuant Quicktake put up by contributor Arab Chain, Bitcoin’s leverage ratio throughout all cryptocurrency exchanges has sharply declined from its late-July and early-August peak of 0.27. Associated Studying Notably, the ratio dropped to 0.25 in early August earlier than…
BitMine has turn out to be the primary company treasury to surpass 1 million Ethereum (ETH) in holdings after its stash climbed to 1.17 million ETH on Aug. 15, valued at over $5 billion. The agency added 317,126 tokens value roughly $2 billion in a single week. BitMine chairman Tom Lee stated on August 4 that the agency intends to maneuver with “lightning speed” in its pursuit to amass 5% of ETH’s whole provide.Notably, the corporate launched its treasury technique on June 30, rising from zero to over 1 million ETH in a bit over a month.Treasury competitors acceleratesBitMine now leads…