News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Berachain shows strong bullish momentum with RSI nearing overbought territory. Watch key resistance and support for the next price move.
Cardano faces intense selling pressure as whale addresses decline. A strong downtrend continues, with key support levels in focus.
Quick Take U.S. President Donald Trump will address crypto industry leaders at an inaugural Crypto Summit at the White House on Friday. The conference comes amid a widespread withdrawal of regulatory actions and investigations against companies in the crypto industry. Gemini co-founder Cameron Winklevoss said the SEC’s closure of their investigation against his company marked “another milestone to the end of the war on crypto.”
Quick Take U.S.-based spot Bitcoin ETFs recorded their first day of net positive inflows on Friday after a net-outflow streak that lasted 8 trading days. During the streak, the overall value held by the ETFs dropped by over $20 billion, as a result of outflows and the price of Bitcoin falling. BlackRock’s IBIT, the largest such fund, continued its streak of net outflows, however, after it set a single-day outflow record on Wednesday.
Quick Take A U.S. District Judge threw out the SEC’s case against Richard Heart, the co-founder of crypto projects Hex and Pulsechain, arguing the agency did not establish that Finland-based Heart had sufficient contact with the U.S. to establish jurisdiction. The SEC, which had charged Heart with fraud and accused him of misappropriating at least $12 million of offering proceeds to purchase luxury goods, was given 20 days to file an amended complaint.
- 09:33Musk Seeks Name for Grok's Male Companion, Ani Briefly Surges to $40 Million Market CapAccording to ChainCatcher, Elon Musk launched a naming contest for Grok’s male companion on the X platform. In response to the community’s suggestion of “Taki, derived from your name (Musk),” Musk replied with a heart emoji, indicating his approval. This news triggered sharp short-term fluctuations in related meme coins: Ani briefly surged to a $40 million market cap before retreating and is now at $39.19 million; the original male companion token CHAD’s market cap surpassed $2 million and is now at $2.26 million; several meme coins named “Taki” also appeared in quick succession.
- 09:22Subsidiary of Hong Kong-listed JETCO applies for license upgrade to offer virtual asset trading and related servicesAccording to Jinse Finance, as reported by Zhitong Finance, TradeGo FinTech (08017.HK) recently announced that its wholly-owned subsidiary, TradeGo Markets Limited, has decided to submit an application to the Hong Kong Securities and Futures Commission to upgrade its existing Type 1 (dealing in securities) regulated activity license. This upgrade aims to enable the provision of virtual asset trading and related services through the arrangement of opening omnibus accounts on SFC-licensed platforms. TradeGo Markets has already initiated discussions with the SFC regarding its application intentions.
- 09:20Trader Eugene: Major ETH Buying Comes from Traditional Capital, No Plans to Buy Ethereum-based Altcoins for NowAccording to Odaily Planet Daily, trader Eugene stated in a post that when deciding on the composition of his ETH positions, he specifically reviewed the historical list of “positively correlated” ETH beta tokens (i.e., altcoins that tend to outperform ETH), such as PEPE, LDO, OP, ARB, and others. Eugene believes that a significant portion of new buying interest will not come from insiders, but rather from traditional finance (TradFi) capital. Currently, inflows into ETH ETFs have reached record highs, while those ETH beta tokens have barely followed the upward trend. As a result, he has decided not to participate in the aforementioned altcoins for the time being.