Aerodrome Finance’s token rallied this week and reached its highest point since May 9 ahead of Coinbase’s integration. Aerodrome Finance (AERO) price jumped to $0.7786, up 177% from its lowest level in March this year. This surge has brought its market capitalization to $619 million. AERO token jumped after Coinbase, the biggest American crypto exchange,…
Key Takeaways Invesco and Galaxy Digital filed for a Solana ETF in Delaware amid expectations of SEC approval. The SEC may approve spot Solana ETFs within an expedited timeline of three to five weeks. Share this article Invesco and Galaxy Asset Management, the fund management arm of Galaxy Digital, have filed to register a trust…
Binance, the world’s largest crypto exchange, officially opened its platform to users in Syria. The move comes a month after the US and the European Union (EU) lifted a long-standing economic sanctions on the Syria. Now Syria is no longer classified as a prohibited country for Binance. Can this be considered a turning point for…
Bitcoin’s (BTC) rise above $109,000 provided momentum to the stagnant cryptocurrency market. This upward movement was a welcome respite following last week’s Trump-Musk public spat that briefly dragged the top crypto asset close to $100,000. A market expert believes that the current rally “may have more room to run.” Bullish Trend Remains Intact Bitcoin has…
U.S. stocks were little changed as Wall Street monitored renewed trade discussions between American and Chinese officials. Hopes of easing tensions and rolling back tariffs weren’t enough to lift major indexes. The Dow Jones Industrial Average closed lower by a single point while the S&P 500 and Nasdaq indices gained 5.52 points and 61.28 points,…
Key Takeaways Circle saw its market value exceed $20 billion following its NYSE debut. The company reportedly rejected Ripple’s $5 billion acquisition offer as it was seen as undervalued. Share this article Circle, the USDC stablecoin issuer, made a blockbuster debut on Wall Street this week, with shares soaring to as high as $123, briefly…
Africa crypto news: A judge in South Africa wants modern crypto laws and banks in Kenya ready for crypto as Tether invests in Shiga Digital. A South African judge has criticized the country’s financial regulators for relying on Apartheid-era laws to regulate crypto. In Kenya, a Central Bank survey reveals that an increasing number of…
Robinhood has officially completed its $200 million acquisition of Bitstamp, marking a bold step toward globalizing its crypto services and deepening its reach into institutional markets. The move positions Robinhood as a serious contender in the international crypto scene, expanding beyond its U.S. base and into the European Union, the UK, and Asia. Bitstamp’s Legacy…
Today’s edition of the weekly recap covers a variety of topics including Strategy and GameStop each revealing major Bitcoin acquisitions totaling over $900 million. Meanwhile, El Salvador and Pakistan expanded their sovereign crypto reserves—despite global pressure from institutions like the… Source link
Key Takeaways BlackRock’s iShares Bitcoin Trust faced its largest single-day outflow of over $430 million. US-listed spot Bitcoin ETFs collectively experienced $616 million in outflows amid Bitcoin’s price decline. Share this article BlackRock’s iShares Bitcoin Trust (IBIT) saw over $430 million in outflows after markets closed Friday, snapping a week-long inflow streak that had lasted…
