ETH Surges Above $3,200 as Big Holders Resume Accumulation
Earlier this Tuesday, the price of Ethereum (ETH) rose above the $3,200 mark, CoinGecko data shows. According to analytics firm Santiment, this growth can be attributed to shark wallets that hold between 1,000 and 10,000 ETH (roughly $3.2–32 million at current prices). This group of…
Citadel Launches All-Out Assault on DeFi
Powerful hedge fund Citadel Securities has voiced strong opposition to broad decentralized finance (DeFi), particularly for tokenized U.S. equities, in a letter to the SEC that provides feedback on proposed for exemptive relief. Its stance has attracted strong backlash from some crypto…
Bitwise XRP ETF Hits First Spot as Funds Near $1 Billion Milestone
Since the emergence of the first XRP ETF in November, the ecosystem has remained in the spotlight with strong daily inflows and surging trading activities.While the ecosystem has recorded another day of high combined trading volume amid surging institutional demands, Bitwise has taken the lead this…