Category: Markets

Michigan State Pension Triples Bitcoin ETF Exposure, Latest Filing Shows Michigan’s state pension fund tripled its exposure to Bitcoin in Q2, signaling growing institutional adoption despite recent ETF outflows. Vismaya V Go to decrypt.co

Weakness Begins to Emerge For Bitcoin as Crypto Market Trends South Bitcoin’s August rebound faces resistance as long-term holders cash out and institutional sentiment begins to cool for the month. Akash Girimath Go to decrypt.co

Crypto Rises Alongside Stocks as Fed Pivot Bets Build A tech-led rebound lifted U.S. stocks and crypto, but analysts warn the rally may be fragile amid rate cut speculation and signs of froth. Akash Girimath Go to decrypt.co

Bitcoin Miner Profits Hit Highest Monthly Mark Since Halving: JP Morgan Bitcoin miners had a profitable month in July, JP Morgan analysts noted in a report, as the price of the digital coin broke a new record. Mathew Di Salvo Go to decrypt.co

Bitcoin, Ethereum and XRP Sink as Crypto Liquidations Top $900 Million Amid a confluence of bearish political and economic developments, Bitcoin and other assets are down while liquidations only keep rising. Sander Lutz Go to decrypt.co

Bitcoin Correction Could Linger for Months: CryptoQuant Bitcoin faces near-term pressure from whales and miners cashing out, even as long-term models and seasonal trends point to renewed upside. Akash Girimath Go to decrypt.co

XRP Edges Out Ethereum in Coinbase Transaction Revenue as Token Shifts Persist XRP edged out Ethereum in Coinbase’s Q2 retail revenue even as ETH regained ground from a weaker first quarter. Vince Dioquino Go to decrypt.co

Crypto Markets See Red as Solana, XRP, Dogecoin Extend Losses Solana, XRP, and Dogecoin are experiencing sharp downturns as investor sentiment turns cautious, Decrypt was told. Akash Girimath Go to decrypt.co

Bitcoin Rangebound as Market Ignores Good News in ‘Textbook Late Cycle Behavior’ Bitcoin trades in a tight range despite bullish catalysts, as analysts warn of late-cycle fatigue and rising risks. Akash Girimath Go to decrypt.co

Bitcoin Price Awaits Fed Clarity Following Constructive US-China Trade Talks Crypto markets tread water as U.S.-China trade discussions yield no firm breakthrough, with tariff extension talks still unresolved. Akash Girimath Go to decrypt.co

Ethereum Defies Bitcoin Slump as Analysts See Path to $5,000 Ethereum is gaining momentum on ETF inflows, regulatory shifts, and macro tailwinds, with analysts eyeing a breakout toward $5,000. Akash Girimath Go to decrypt.co

CryptoPunks Rally Past $200K Floor for First Time in Over a Year Amid NFT Rebound CryptoPunks floor prices surge amid rising Ethereum, renewed high-value buying, and the NFT market’s busiest trading days in months. Akash Girimath Go to decrypt.co

Rally Stalls for Bitcoin, Ethereum, and XRP—Analysts Split on What’s Next Ethereum shows signs of strength as ETF inflows climb, while Bitcoin and XRP struggle to sustain momentum amid mixed market signals. Akash Girimath Go to decrypt.co

Ethereum $6K Christmas Odds Surge as Options Traders Reprice Tail Risk A surge in Ethereum call option activity reflects shifting investor appetite for upside exposure, fueled by macro stability. Akash Girimath Go to decrypt.co

Ethereum ETFs Massively Outpace Bitcoin Funds—Why ETH Demand Is Surging Ethereum ETFs flipped their Bitcoin counterparts this week, adding $1.8 billion in ETH while BTC funds saw a fraction of that tally. James Rubin Go to decrypt.co

One of the Biggest Bitcoin Whales in History Just Cashed Out $9 Billion Galaxy said Friday that it conducted a $9 billion Bitcoin sale for a Satoshi-era whale. Here’s what we know about the massive exit. Mathew Di Salvo Go to decrypt.co

XRP Erases Gains Following New Record—Does It Still Have Room to Run? The third biggest digital coin has dropped since setting a record last week. Mathew Di Salvo Go to decrypt.co

BlackRock’s Ethereum ETF Rockets to $10B, Third-Fastest in History BlackRock’s iShares Ethereum Trust has reached $10 billion, faster than all but two funds in the ETF industry’s 32-year history. James Rubin Go to decrypt.co

Crypto Market Retreats Amid Record Liquidity and Signs of Froth Despite record liquidity levels, traders are pulling back as leveraged positions unwind and profit-taking accelerates across major tokens. Akash Girimath Go to decrypt.co

Crypto Rally Stalls—Correction Ahead For XRP, Solana and Top Altcoins or Just Market Noise? The altcoin rally is cooling as Bitcoin trades sideways, with analysts citing short-term fatigue despite a supportive macro backdrop. Akash Girimath Go to decrypt.co

ASX-Listed DigitalX Leans Into Bitcoin Treasury Strategy With Latest $8.8M Buy The firm now holds nearly 500 Bitcoin, joining a growing list of companies adding Bitcoin to their balance sheets. Callan Quinn Go to decrypt.co

Here’s Why Ethereum ETF Investors Are Outperforming Their Bitcoin Counterparts Ethereum’s rally and surging ETF inflows are leading its investors to outperform Bitcoin holders, backed by growing institutional interest. Akash Girimath Go to decrypt.co

Coinbase Follows Kraken’s Lead, Opens Perpetuals Trading for US Customers Coinbase’s new contracts offer 5-year durations while touting lower fees, as it aims to lure U.S. traders from offshore platforms. Vismaya V Go to decrypt.co

Solana Clinches 5-Month High, Where to From Here? Solana hit a five-month high amid surging open interest, though macro headwinds and technicals point to a mixed near-term outlook. Akash Girimath Go to decrypt.co

JPMorgan Exploring Loans Backed by Bitcoin, Ethereum: FT The Wall Street giant may allow clients to borrow against crypto holdings, such as Bitcoin and Ethereum, as early as next year. Vismaya V Go to decrypt.co

Can Trump Fire Fed Chair Jerome Powell—And What Does That Mean For Crypto? Crypto traders are eyeing rate cuts this year amid a growing standoff between President Trump and Fed Chair Jerome Powell. Vince Dioquino Go to decrypt.co

What the GENIUS Act Means for XRP Investors The GENIUS Act benefits Ripple’s RLUSD stablecoin, but experts say its direct impact on XRP will be minimal. Akash Girimath Go to decrypt.co

Crypto Pushes Deeper Into S&P 500 as Block Follows Coinbase Into Index The fintech firm will join the benchmark index on Wednesday, two months after crypto exchange Coinbase made its debut. Vince Dioquino Go to decrypt.co

Ethereum Treasury SharpLink Shares Plunge 20% Amid $6 Billion Plan to Buy More ETH The company is one of several Ethereum treasuries to add sizable amounts to their holdings over the past two weeks. James Rubin Go to decrypt.co

Bitcoin Price Poised to Rally to $150K by October, Says Cooper Research Bitcoin could trade as high as $150,000 by October if inflows to spot Bitcoin ETFs remain strong this summer, Cooper Research projects. Liz Napolitano Go to decrypt.co

Bitcoin Dominance Sinks as Ethereum, XRP Rise The original digital asset accounted for 61% of the cryptocurrency market’s value on Friday, falling from 65.5% last week. André Beganski Go to decrypt.co

Bitcoin Back Above $120K as Clear Crypto Policy ‘Invites’ Capital, Institutions Bitcoin has slowed following a profit-taking dip, but investor conviction is rising as U.S. lawmakers advance new crypto legislation. Vince Dioquino Go to decrypt.co

‘Blood Rushing Back’ Into Crypto as XRP, Dogecoin Soar A wave of U.S. crypto policies and an influx of institutional capital are driving up crypto prices, including those of XRP and Dogecoin. Akash Girimath Go to decrypt.co

Can Ethereum Breach New All-Time Highs This Year? Ethereum fundamentals and positioning are drawing renewed interest from institutions, lifting price and sentiment as analysts eye a new high. Akash Girimath Go to decrypt.co

Bitcoin Stalls as Traders Book Profits Amid Jerome Powell Succession Talks Bitcoin’s 5% correction from all-time highs comes as sticky inflation and talk of Fed Chair Jerome Powell’s replacement lingers. Decrypt Staff Go to decrypt.co

These Economic Forces Could Help Lift Bitcoin Higher Bitcoin’s record rally could receive another boost as the global bond crisis heats up with Japan’s 30Y yields hitting new highs. Decrypt Staff Go to decrypt.co

US Economy in a ‘Goldilocks-Like Equilibrium’ as Bitcoin Blasts Past $121K Bitcoin’s record-breaking rally is being fueled by tariff-driven trade flows, high Treasury payouts, and a broader shift toward risk assets. Decrypt Staff Go to decrypt.co

SharpLink Buys $48M in Ethereum, Lifts Stock Higher in Overnight Trade The Nasdaq-listed gaming firm turned strategic reserve, has made consecutive eight-figure buys of Ethereum. Callan Quinn Go to decrypt.co

El Salvador’s Bitcoin Stash Tops $760M as BTC Breaks Above $122K Sovereign Bitcoin reserves may become a long-term strategy for nations as El Salvador’s gains show multi-year value, Decrypt was told. Vismaya V Go to decrypt.co

As Bitcoin Matures, Volatility Drops—So Expect Slower Climbs, Say Experts Bitcoin to the moon? Not so fast, experts say, as the asset has matured and is now being used by traders for more sophisticated bets. Mathew Di Salvo Go to decrypt.co

Coinbase, Strategy, Other Bitcoin and Crypto Stocks Soar in Record-Setting Week Crypto-focused companies benefited from the surge in crypto markets this week. Mathew Di Salvo Go to decrypt.co

Public Keys: CoreWeave Fusion Dance, $1 Billion Day for Bitcoin ETFs and Strategy’s Bye Week Core Scientific and CoreWeave announce a massive $9B merger while Bitcoin ETFs see their second-biggest day ever with $1.17B in inflows. Stacy Elliott Go to decrypt.co

Solana Treasury Firm Upexi Raises $200 Million to Boost SOL Stash Publicly traded Upexi is poised to boast the largest Solana treasury stash once its latest funding round is completed. Logan Hitchcock Go to decrypt.co

If You Bought Ethereum When Eric Trump Said So, You’re Finally in the Green Ethereum plunged as much as 37% after the president’s son called it a buy in February. Five months later, it has slowly clawed its way back. Vince Dioquino Go to decrypt.co

What Crypto Derivatives Say About Bitcoin’s Record Price Despite Bitcoin’s push to a new all-time high, the price outlook remains cautiously optimistic, Decrypt was told. Decrypt Staff Go to decrypt.co

DeFi Lender Deploys $1M for Student Loans to the Philippines, Indonesia—But at What Cost? The launch positions education lending as a new use case for tokenized real-world assets, combining investor yield with social impact. Vince Dioquino Go to decrypt.co

Grok Glitch Inspires Wave of ‘MechaHitler’ Meme Coins Rogue AI hallucinations by Grok have given rise to new crypto memes as well as associated tokens on Solana and Ethereum. Vince Dioquino Go to decrypt.co

Polymarket Rules ‘No’ on $237M Controversial Bet Over Zelenskyy’s Suit Discontent over the market’s resolution has reignited scrutiny of UMA’s dispute system and the influence of large Polymarket stakeholders. Sebastian Sinclair Go to decrypt.co

DigitalX Taps Animoca’s Yat Siu, Raises $13.5M to Buy Bitcoin Roughly $12.8 million will go toward Bitcoin purchases, with the remainder slated for operating expenses and working capital. Sebastian Sinclair Go to decrypt.co

Bitcoin Dives on OG Whale FUD, But Charts Remain Bullish: Analysis A dormant Bitcoin whale woke up and chose violence—by spooking skittish BTC traders with an $8 billion move. The charts though? They tell a different story. Jose Antonio Lanz Go to decrypt.co

Why On-Chain Metrics Miss the Full Picture of Institutional Bitcoin Buying Bitcoin hit a record monthly close in June, but experts say on-chain data is missing the scale of institutional demand via ETFs and OTC desks. Vince Dioquino Go to decrypt.co

Bitcoin Holds Steady as ECB Forum Looms, Traders Gear for Volatility Shift Bitcoin remains rangebound, as options and on-chain data point to rising volatility amid looming macro policy shifts. Sebastian Sinclair Go to decrypt.co

Will Solana, XRP, Dogecoin and Other Crypto ETFs Take Off? Analysts are not sure just how well ETFs giving investors exposure to altcoins like XRP, Solana, and Dogecoin would fare if approved. Mathew Di Salvo Go to decrypt.co

Public Keys: Copycat Lawsuits for Bitcoin Giant Strategy, Coinbase Hits All-Time High Why Bitcoin treasury giant Strategy is facing down multiple identical lawsuits, plus Coinbase hits a record closing price as perps near. Stacy Elliott Go to decrypt.co

Bitcoin ETFs Notch 13 Consecutive Days of Inflow—Why It Matters Most Bitcoin ETF inflows are driven by long-only fundamental investors, not short-term traders, analyst Peter Chung told Decrypt. Vismaya V Go to decrypt.co

Bitcoin Rebounds as Markets Price in ‘Short-Lived’ Iran Conflict Bitcoin rose back above $100,000 as markets shrugged off U.S. strikes on Iran, with oil and equities remaining largely unchanged. Sebastian Sinclair Go to decrypt.co

Texas Joins Growing List of US States With Bitcoin Reserves Texas has become the third U.S. state to approve a public Bitcoin reserve, with new legislation allowing direct crypto purchases. Vince Dioquino Go to decrypt.co

Public Keys: Circle and Coinbase Get GENIUS Bump, Bitcoin Treasuries on Shaky Ground? Circle skyrockets on stablecoin optimism while Bitcoin treasury firms face valuation challenges in this week’s public markets roundup. Stacy Elliott Go to decrypt.co

Polymarket Odds on US Strike Against Iran Spike, Then Fall The conflict has sparked interest among punters, even as the odds of a U.S. strike against Iran on Polymarket fall. Jason Nelson Go to decrypt.co

Why Strategy’s Bitcoin Buys Could Pose Long-Term Risks Despite Boosting Demand Swiss crypto bank Sygnum sees a potential concentration risk for Bitcoin that could deter central banks from adopting it as a reserve asset. Vince Dioquino Go to decrypt.co

Bitcoin Soars Above $110K, Nearing Record as Ethereum and Dogecoin Rise Bitcoin’s price jumped past $110,000 for the first time in about two weeks to lead a broader upturn in digital assets. James Rubin Go to decrypt.co

Circle IPO Outperforms Public Debuts From Meta, Robinhood and Airbnb Stablecoin issuer Circle’s stock skyrocketed out of the gate, beating the initial public markets performance of tech giants. Sander Lutz Go to decrypt.co

How Circle’s IPO Stacks Up Against Other Crypto Market Debuts Circle closed with an $18.4 billion valuation, well below Coinbase’s IPO but ahead of newer entrants like Fold and eToro. Liz Napolitano Go to decrypt.co

US Debt Crisis Could Make Bitcoin the World’s Reserve Currency: Coinbase CEO Armstrong joins critics warning that U.S. fiscal policy could accelerate global de-dollarization and boost Bitcoin’s appeal. Vismaya V Go to decrypt.co

Gold Reasserts Safe Haven Status, But Bitcoin’s Path May Be Brighter: Analysts Gold has outperformed Bitcoin in recent days and for much of 2025, although Bitcoin’s prospects are likely brighter, say analysts. Mathew Di Salvo Go to decrypt.co

Brazilian Fintech Méliuz Launches Share Offering to Stack More Bitcoin Cashback company Méliuz saw its stock tumble 8% as it announced plans to raise capital for Bitcoin buys, mirroring Strategy’s approach. Jose Antonio Lanz Go to decrypt.co

Public Keys: GameStop Bitcoin Flop, BlackRock ETF Euphoria and Metaplanet’s Sprint GameStop saw its stock flop after spending $500 million on BTC, and BlackRock’s iShares Bitcoin Trust is on track to complete a record month. Stacy Elliott Go to decrypt.co

HyperLiquid Trader Liquidated for $100 Million After Bitcoin Bet Unravels A highly leveraged Bitcoin position on Hyperliquid was liquidated for over $100 million on Thursday, despite the asset’s limited movement. Callan Quinn Go to decrypt.co

Central African Republic to Tokenize Land Using National Solana Meme Coin Central African Republic will tokenize over 1,700 hectares of land using its national meme coin $CAR, President Touadéra said Thursday. Callan Quinn Go to decrypt.co

Metaplanet Issues New Bonds to Buy Bitcoin, Now 78% Toward 2025 Goal Metaplanet is doubling down on Bitcoin with zero-interest bonds, adding to a string of debt-funded buys as it nears its 10,000 BTC goal. Vince Dioquino Go to decrypt.co

El Salvador Defies IMF Again With Fresh Bitcoin Purchase Following Loan Review The IMF urged a halt to crypto accumulation as part of $1.4 billion program. El Salvador responded by buying more. Callan Quinn Go to decrypt.co

Ethereum Options Market Signals Cautious Optimism as Open Interest Climbs Traders are returning to Ethereum options with split expectations on price targets, even as volatility stays low. Vince Dioquino Go to decrypt.co

Jupiter Price Surges Amid Expansion and Bitcoin Tailwinds Jupiter’s native token JUP’s rally points to deeper momentum across Solana and macro markets, analysts told Decrypt. Vismaya V Go to decrypt.co

Rich Dad Poor Dad Author Can’t Believe People Aren’t Buying Bitcoin Kiyosaki says even 0.01 BTC could make you rich in two years, calling Bitcoin the “easiest” path to wealth. Vismaya V Go to decrypt.co

Bitcoin Rebounds as Trump Extends EU Tariff Deadline, US Futures Tick Higher Bitcoin has climbed back above $109,600 as Trump delays EU tariffs, easing trade tensions and fueling renewed optimism across risk assets. Sebastian Sinclair Go to decrypt.co

Bitcoin and Ethereum ETFs Add More Than $1 Billion Combined in a Single Day Both Bitcoin and Ethereum exchange-traded funds this week brought in huge amounts of cash as investors rapidly buy up crypto assets. Mathew Di Salvo Go to decrypt.co

El Salvador’s Bitcoin Bet Swells to $644M as Rally Boosts Sovereign Holdings El Salvador now holds 6,181 BTC worth $644M, up $137M in a month, ranking just behind the U.S., China, U.K., Ukraine, and Bhutan. Vismaya V Go to decrypt.co

Coinbase Stock Is Ripping Despite Hack Fears—Here’s Why Benchmark Equity Research raised its COIN price target to $301 three days after Coinbase’s inclusion in the S&P 500.  Liz Napolitano Go to decrypt.co

Wisconsin Pension Fund Sold $300M BlackRock Bitcoin ETF Stake Amid Tariff Turmoil, New Filing Shows The Wisconsin fund sold its Bitcoin ETF stake sometime in Q1, weeks before sweeping U.S. tariffs triggered a crypto market slide. Jason Nelson Go to decrypt.co

Bitcoin Investment Case Holds as US 10-Year Yields Revisit April Highs Yields on the 10-year are rising amid renewed risk sentiment from U.S.-China tariff relief, testing crypto’s resilience as narratives shift. Sebastian Sinclair Go to decrypt.co

Microcap Firm Plans $300M Bitcoin, Trump Coin Buy Despite Nasdaq Compliance Warning Shares of GD Culture fell sharply after the company unveiled a $300 million crypto reserve plan that followed a Nasdaq delisting warning. Vince Dioquino Go to decrypt.co

US Futures Rise, Crypto Retreats as White House Signals Progress in China Talks Stock futures rose while crypto prices fell as markets reacted to vague but optimistic signals from U.S.-China trade talks. Sebastian Sinclair Go to decrypt.co

Last Year’s Viral Meme Coins Are Back From the Dead as Solana and Ethereum Gain Viral Solana meme coins from last year—like Moo Deng, GOAT, and Peanut the Squirrel—are seeing massive gains as the market rebounds. Logan Hitchcock Go to decrypt.co

Why Is Ethereum Beating Bitcoin With Explosive Gains? Ethereum is up 30% over the last 48 hours, beating Bitcoin after crypto markets rallied on broader macroeconomic conditions. Mathew Di Salvo Go to decrypt.co

Bitcoin Hits Highest Level in Months as Market Eyes $100K Milestone Analysts told Decrypt traders see a “Trump put” under crypto, but warn the rally may falter without real policy follow-through. Vismaya V Go to decrypt.co

Benchmark Is Bullish on Bitcoin Miner Maker Canaan With 5X Price Target Investment bank Benchmark slapped Bitcoin miner manufacturer Canaan with a “buy” rating in a Tuesday note, projecting a sizable price spike. Mathew Di Salvo Go to decrypt.co

Bitcoin, Gold Rise as Investors Await Fed Decision Amid Global Tensions Gold advanced and Bitcoin held firm Tuesday as investors braced for the Fed’s policy decision and weighed geopolitical and trade tensions. Sebastian Sinclair Go to decrypt.co

Spark Commits Additional $1 Billion to Lead Tokenized Treasuries Sector Spark has allocated another $1 billion to tokenized U.S. Treasuries, bringing its total deployment to $2.4 billion across three funds. Vismaya V Go to decrypt.co

Brown University Bets on Bitcoin With Millions Worth of BlackRock ETF Shares Rhode Island-based Ivy League institution Brown University is now holding exposure to Bitcoin via BlackRock’s ETF. Logan Hitchcock Go to decrypt.co

Bitcoin Rises as Wall Street Cements ‘Liberation Day’ Recovery on Strong Jobs Report While U.S. stocks have recovered from Trump’s unveiling of “reciprocal” tariffs, the greenback is still weaker. André Beganski Go to decrypt.co

Public Keys: Strategy Doubles Down on Bitcoin Plans, Robinhood Glitters With Gold Strategy goes full laser-eyes for Bitcoin while Cboe pats itself on the back for its “really nice” crypto ecosystem. Stacy Elliott Go to decrypt.co

Grayscale Still Tops All US Spot Bitcoin ETFs in Revenue Despite heavy outflows since January 2024, GBTC’s 1.5% fee still generates $268 million a year, outpacing rivals’ combined $211 million. Vince Dioquino Go to decrypt.co

Bitcoin Post-Halving Price Performance Is the Worst on Record. Why? Bitcoin has surged since last year’s halving, but it’s been a disappointment compared to the coin’s previous post-halving cycles. Mathew Di Salvo Go to decrypt.co

Bitcoin on the Rise as China Tariff Exemptions Give Stocks Relief Bitcoin hit a two-month peak Friday as investors mulled Donald Trump’s purported progress on trade negotiations with China. André Beganski Go to decrypt.co