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Showing posts with the label crypto market

Crypto Asset BNB Surges After President Trump Pardons Binance Founder Changpeng Zhao

President Donald Trump has officially pardoned Changpeng Zhao, the billionaire founder of Binance known as CZ. The move erases Zhao’s 2023 conviction for anti-money laundering violations. Binance’s token BNB surged 15% to around $1,150 on the news. The full and unconditional pardon frees Zhao from further penalties after he served four months in prison and paid a $50 million fine. It also caps a fierce lobbying push by Binance, the world’s largest crypto exchange, amid Trump’s pro-crypto agenda. Zhao pleaded guilty to failing to maintain an effective anti-money laundering program at Binance, which enabled illicit activities including drug trafficking and terrorism financing. The exchange settled with the Justice Department for $4.3 billion, the largest penalty in crypto history. Zhao stepped down as CEO but retained majority ownership, and the pardon clears his path to potentially reclaim leadership and expand Binance in the US market. ...

Titan T. Rowe Price Joins Crypto ETF ‘Land Rush’ With Fund Tracking Top Digital Assets

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T. Rowe Price, a fund management titan with almost $1.8 trillion in assets under management, has filed to launch a crypto ETF (exchange-traded fund) to invest in a basket of leading cryptos. According to the filing with the US Securities and Exchange Commission (SEC), the T. Rowe Price Active Crypto ETF will be an actively-managed product that will invest in a “diversified basket of commodity crypto assets” with the aim of outperforming the FTSE Crypto US Listed Index. ”Can’t overstate significance of T. Rowe Price filing for an actively managed crypto ETF out of left field,” said Nate Geraci, president of NovaDius Wealth President. ” T. Rowe is the quintessential legacy asset manager, founded in 1937.” Can’t overstate significance of T. Rowe Price filing for an actively managed crypto ETF out of left field… T. Rowe is the quintessential legacy asset manager, founded in 1937. They manage some $1.8tril in assets, but just got ...

Ethereum Price Prediction: Citi Caps Year-End at $4,300, But ETF outflows Challenge Outlook

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Time Running Out to Buy Shiba Inu Coin Before Price Surge

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Right now, a Shiba Inu price surge appears to be building up momentum, and analysts are actually warning that time is running out for investors to buy SHIB at these current discount levels. The meme cryptocurrency has been consolidating within what’s called a triangular pattern for over a year now, and this setup is creating some conditions for what could potentially be a price explosion that might deliver gains of around 528%. Also Read: Will Shiba Inu Coin Reach $1 Soon? SHIB Price Prediction Revealed Explore Shiba Inu Price Surge Factors And Predictions Before Buying Today Source: Watcher.Guru Technical Analysis Points to Shiba Inu Price Surge TradingView analyst Hamidemo has been tracking some compelling Shiba Inu price surge factors that suggest SHIB’s consolidation phase might actually be nearing completion right now. At the time of writing, the weekly chart reveals a descending resistance line that’s been capping movements since 2021, and it’s now convergi...

Institutions dump almost $200m in Ethereum; Here’s why

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U.S. Ethereum (ETH) exchange-traded funds (ETFs) recorded $196.6 million in outflows on August 18, the largest sell-off since the products launched in July 2024.  The bulk of the outflows came from the two largest issuers, BlackRock (ETHA) and Fidelity (FETH), which shed roughly $86.9 million and $78.4 million, respectively.  In addition, Grayscale (ETHE) saw $18.7 million withdrawn, Franklin (EZET) lost $6.6 million, and VanEck (ETHV) and Bitwise (ETHW) posted smaller outflows, the former cutting $4.8 million and the latter $1 million. Despite the pullback, U.S. Ethereum ETFs still collectively manage $27.7 billion in assets, approximately 5.34% of the cryptocurrency’s total market capitalization. BLACKROCK SOLD ETH FIDELITY SOLD ETH GRAYSCALE SOLD ETH nobody bought ETH pic.twitter.com/lt0t33yWKy — Arkham (@arkham) August 19, 2025 Ethereum price drops amid outflows The pullback came after an institutional buying spree that saw nearly $524...

Here’s the key level Bitcoin must hold to claim $130,000 as ‘peak euphoria’ looms

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Bitcoin (BTC) could still reach the $130,000 mark, with the Market Value to Realized Value (MVRV) Extreme Deviation Pricing Bands highlighting a crucial range to watch for this milestone. According to on-chain analytics platform Glassnode , the metric suggests that as long as Bitcoin holds above the $110,000 support level, there is room for a renewed push toward an all-time high. Currently trading around $118,000, Bitcoin remains in a zone of growing optimism, but it has not yet reached the euphoric levels typically seen near market tops. Bitcoin MVRV pricing bands. Source: Glassnode The MVRV model, which compares Bitcoin’s current price to the average price at which coins were last moved, helps gauge whether the asset is overvalued or undervalued.  Since early 2023, Bitcoin has steadily climbed, typically gaining momentum after clearing major technical levels. The asset is now approaching a historical zone that has often preceded previous peaks. To bre...

Here’s Solana’s path to $1,000 price target

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After Solana (SOL) broke through the key $200 psychological level, a trading expert projects that the cryptocurrency still has momentum, with a potential path toward $1,000. According to Master Ananda’s outlook, the ongoing rally marks the start of a much larger bullish cycle. He noted that while Solana’s recovery may feel gradual, the move from the April 7 low to July 21,  just 98 days, is relatively quick, as he explained in a TradingView post on July 21. SOL price analysis chart. Source: TradingView With an all-time high of $295, Ananda believes resistance will be cleared with ease, similar to Bitcoin’s (BTC) recent breakout, which culminated in a record high above $123,000.  The expert now expects Solana to reach $420 in the mid-term, with $620 and $1,000 as potential upside targets in the current bull market. Notably, a rally to $1,000 would mark a 400% gain from current levels. Technically, Solana recently broke out of a long-term ...

Best Crypto to Buy as Polymarket Nears $1B Valuation & BitGo Hits $100B in Crypto Custody

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Ethereum Ether (ETH) Price To Surge: Traders Bet on ETH to $6k

Ethereum’s Ether cryptocurrency (ETH) could be set to surge in price, as traders are betting big on the asset reaching $6,000 this year through bull call spreads. ETH has crashed from the $4k valuation it had back in December 2024, but began a strong rebound this May. At press time, the Ethereum token is up 57% in the last 30 days alone. Traders are riding on the asset to continue its climb through the summer and hit a new ATH before the year is done. Last week, block traders, typically institutions and large players, executed bull call spreads on ether. The traders picked the $3,500 call options while also shorting an equal number of calls at the $6,000 strike. These bets would expire on December 26, meaning Ethereum has until then to hit that number to reward the betters. Traders executed the strategy via the over-the-counter platform Paradigm, which was later listed on crypto exchange Deribit. Traders executed 30,000 contracts of the $3,500/$6,000 call spreads across 10 separat...

Injective (INJ) Gearing Up For $10 Level Retest – Is A Bullish Reversal Ahead?

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TRUMP Memecoin Unlock Set To Release 40 Million Coins This Thursday

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