Crypto asset manager Grayscale Investments has dropped plans for exchange-traded funds tied to Cardano’s ADA, Polkadot’s DOT and Hedera’s HBAR, withdrawing three registration statements from the U.S. Securities and Exchange Commission (SEC) late Friday. Through three separate requests with the regulator, Grayscale told the SEC it “does not intend to proceed with the planned distribution”
Bitmine Chairman Tom Lee believes Robinhood Chain could become one of 2026’s biggest crypto success stories by connecting the brokerage’s 27 million customers with Ethereum-based financial services. Summary Lee called Robinhood Chain one of crypto’s biggest success stories of 2026 after its July 1 launch. Robinhood’s customer base gives the network a potential market of
Tether has announced plans to launch GEL?, a stablecoin pegged to the Georgian Lari, in partnership with the Government of Georgia. The announcement marks one of the first efforts to place a national currency directly onto digital asset infrastructure under a purpose-built stablecoin regulatory framework. Tether’s USD? carries a market capitalization approaching $190 billion, with
The Bitcoin Improvement Proposal (BIP)-110 appeared to stall at the weekend, when the nodes that support the proposal broke away from the main network and produced the chain split people had been warning about — a tiny, stalled one. The split came Saturday at block 961,632, when the proposal entered its mandatory signaling window. Nodes
Solana price rallied nearly 7% from its Aug. 7 low, breaking a five-week descending channel as proposed supply changes and institutional adoption renewed demand for SOL. Summary Solana price rose from $72.49 to $77.36, breaking above a five-week descending channel. 4-hour Supertrend support flipped bullish at $75.02, strengthening the breakout structure. Liquidation clusters at $78
The world’s largest digital asset-focused investment platform says institutional capital will initially target four blockchain networks as regulatory clarity improves. In a new report, Grayscale says expected regulatory changes, including the Clarity Act that aims to establish rules for classifying and regulating digital assets and guidance from the U.S. Securities and Exchange Commission (SEC), will
Bitmine owns 4.8% of the total ETH coin supply of 120.7 million Bitmine is 96% of the way to the ‘Alchemy of 5%’ in just 14 months In July, ETH outperformed Nasdaq 100 by 2,500 basis points, the largest since July 2025, reflective of the strengthening fundamentals of crypto Bitmine repurchased 3.0 million common stock in the past
BNB price traded near $605 on Aug. 10 after reclaiming the psychological $600 level, with improving momentum and nearby liquidation clusters raising the prospect of another short squeeze. Summary BNB price traded at $605, slightly above its 100-day moving average near $604.85. Daily RSI climbed to 65.15, showing stronger demand without entering overbought territory. 4-hour
Standard Chartered has initiated coverage of Chainlink with a $200 LINK price target for the end of 2030, a roughly 25-fold increase from its current price near $8, as the bank expects tokenization and decentralized finance activity to drive higher demand for Chainlink’s services. Summary Standard Chartered has set a $200 LINK price target for
Institutional investors just sold an overall total of $1.67 billion in Bitcoin and crypto assets in one week, according to a new update from Coinshares. The outflows mark the third consecutive negative week and the second-largest weekly outflow of the year, with three-week cumulative outflows now standing at $4.21 billion. Bitcoin led the selling with
