Republic Technologies Secures $100M for Ethereum Expansion

Republic Technologies, formerly known as Beyond Medical Technologies before transitioning into blockchain infrastructure, has secured a $100 million convertible note facility to expand its Ether holdings — a move the company said will enable it to grow its ETH treasury with minimal shareholder dilution due to favorable financing terms. The financing comes with unusual terms…

How the new US crypto bill could finally define commodities and securities

Senate bill targets crypto’s regulatory paradox: Security vs. commodity Since its inception, the US cryptocurrency industry has faced a regulatory challenge: determining when a digital asset qualifies as a security and when it qualifies as a commodity. This uncertainty has hindered institutional adoption, fueled legal disputes and made it difficult for crypto companies to interpret…

Spot BTC, ETH ETFs see $1.7B Outflow but Whales Buy the Dip

Key takeaways: Spot Bitcoin and Ethereum exchange-traded funds (ETFs) recorded a combined $1.7 billion in weekly outflows. Solana and a select few altcoins continued to attract steady inflows despite market weakness. Onchain data shows that large whales are accumulating BTC, which has kept BTC prices above the $100,000 level.  Spot Bitcoin (BTC) and Ether (ETH)…

Crypto ETPs See $2B Weekly Outflows as Global Risk Appetite Fades

Crypto investment products logged their largest weekly outflows since February, shedding $2 billion as global risk appetite declined.  Crypto exchange-traded products (ETPs) saw $2 billion in outflows last week, up by nearly 71% from $1.17 billion recorded the previous week, CoinShares reported on Monday. This marks the third consecutive week of outflows, extending the cumulative…

Crypto ETPs Log Biggest Weekly Outflows Since Feb

Today in crypto, CoinShares reported Monday that crypto investment products saw their largest outflow of funds since February amid an ongoing period of market panic, Bitcoin briefly slumped to its lowest price year-to-date as the crypto market pulls back, and the Zcash vs. Bitcoin debate deepens. Crypto ETPs see biggest weekly outflows since February as…

BTC Supply in Loss Held by Short-Term Holders at Highest Level Since FTX Collapse

Short-term holders (STHs) are now almost entirely underwater on their recent bitcoin BTC$95,477.53 purchases. Glassnode defines STHs as entities that have held bitcoin for less than 155 days. On June 15 (155 days ago), bitcoin was trading at $104,000, meaning nearly all coins acquired since then sit above current spot levels. Glassnode data shows that…

Bitcoin Surpasses 95% Max Supply 16 Years After Genesis

Bitcoin’s total circulating supply has just crossed 95% of its 21 million hard supply cap — a massive milestone baked in nearly 17 years ago when creator Satoshi Nakamoto mined the genesis block on Jan. 3, 2009. With 19.95 million Bitcoin now in circulation, this leaves just 2.05 million Bitcoin to be mined. The question…

Bitcoin ETFs Bleed $1.1B, Analysts Call ‘Mini’ Bear Market, Pivotal Moment

US spot Bitcoin exchange-traded funds (ETFs) closed a third straight week in the red, deepening concerns that one of Bitcoin’s biggest institutional demand engines is stalling. Spot Bitcoin (BTC) ETFs saw $1.1 billion in net negative outflows during the past trading week, marking their fourth-largest week of outflows on record, according to Farside Investors data….

CZ’s Attorney Refutes “Pay-To-Play” Pardon Claims

The lawyer for Binance co-founder Changpeng “CZ” Zhao has denied that he somehow paid for a pardon from US President Donald Trump.  Appearing on Anthony Pompliano’s “Pomp Podcast” on Friday,  CZ’s personal attorney Teresa Goody Guillén described the criticism around CZ’s pardoning as a “pile up of a lot of false statements.” “The media continues…

Ethereum Price Reclaims Key Level, But Can ETH Break $3.8K Next?

Key takeaways: Ethereum holders are back in the black, increasing the chances of a rally to $4,000. Ether sell pressure risk exists around $3,800, a resistance level that may delay the bulls. Ether’s (ETH) rebound to $3,600 over the weekend pushed its value above its active realized price, implying that the average ETH holder is…