Author: olivia

California Governor Gavin Newsom has signed bill SB 822. This key legislation preserves abandoned cryptocurrencies in the state. Unlike other regions, SB 822 facilitates abandoned Bitcoin recovery by prohibiting its immediate liquidation. The assets must be held in their original format for a specific period.

The global asset manager WisdomTree has received key approval from the UK’s Financial Conduct Authority (FCA). This milestone allows the listing of its Bitcoin and Ethereum ETPs in the UK. The products will debut on the London Stock Exchange (LSE) on May 28th, according to an official statement from the firm, marking a crucial moment for institutional crypto adoption in the country.

The cryptocurrency market is tensely watching a new bearish move. An anonymous whale, known on networks as “Trump Insider,” opened a massive short position on Bitcoin for $120 to $127 million. The operation, first reported this Tuesday by analyst @DefiWimar on the X platform, is raising alarms due to the operator’s supposedly infallible success rate.

Solana (SOL) is experiencing an intense market battle. Recent whale movements of $240 million to exchanges suggest strong selling pressure. This is happening just as optimism grows for an ETF. 21Shares has filed key documentation with the SEC, fueling speculation. The Solana price analysis is focused on the critical support at $190.

Bitcoin’s (BTC) price shows volatility, but analysts at the firm QCP Capital maintain an optimistic outlook for October. The trading desk, in its latest market report, suggests the recent pullback presents a strategic buying opportunity. They argue that a pivot in the Federal Reserve’s (Fed) monetary policy is the key expected catalyst for a recovery.

Police in the UK now hold the country’s biggest crypto haul: 61.000 bitcoins worth about 6.8 billion dollars. The coins were stolen from more than 128 000 Chinese investors, and public and court debates focus on how to hand the money back without harming victim payouts or the Bitcoin market. A key worry is that a sudden sale could push the price down, reducing recoveries.

As the U.S. government shutdown stretches into its third week, the crypto markets have found a tenuous balance. Bitcoin and Ethereum have shown resilience amid recent turbulence, holding steady amid macro uncertainty. This article examines how the ongoing shutdown and central bank signals are shaping investor sentiment in the crypto space.

Following the severe slump that shook the market of cryptocurrencies on October 10, the Chief Investment Officer (CIO) of Bitwise applied a “three-question test” to assess the situation. His main conclusion is that, despite the volatility, the ecosystem’s health did not suffer any fundamental breaks, offering a reassuring outlook for investors and institutional funds. The assessment suggests there is no lasting damage in the crypto market. The Bitwise executive’s analysis focused on a rapid diagnostic methodology to measure the sector’s integrity after the correction. This approach serves as a tool to distinguish a temporary scare from a serious breakdown, being…

A recent technical analysis of XRP’s price behavior has captured investors’ attention. According to observations from analyst Egrag Crypto, the cryptocurrency is showing patterns that suggest a possible XRP price rally on the near horizon. This movement could represent a significant increase if the bullish signals seen on the charts are confirmed, generating moderate optimism in the market.

Spot Bitcoin and Ethereum ETFs in the United States experienced a remarkable recovery. They recorded combined net inflows of nearly $340 million on Monday, drastically reversing the massive sell-off trend from the previous week. This movement, reported by the analytics firm SoSoValue, suggests a renewed institutional appetite.