This made Phoenix Group the first company listed on the Abu Dhabi Securities Exchange (ADX) to open a strategic cryptocurrency reserve, it said.
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This made Phoenix Group the first company listed on the Abu Dhabi Securities Exchange (ADX) to open a strategic cryptocurrency reserve, it said.
Bitcoin market sentiment shrugs off a hawkish Fed FOMC meeting in an instant amid fresh promises of a US strategic Bitcoin reserve becoming a reality.
CryptoSlam data showed that the average sale value for NFTs climbed to $113.08, highest in six months.
The latest acquisition pushes The Ether Machine’s total holdings to 334,757 ETH, surpassing the Ethereum Foundation’s reported 234,000 ETH.
Ether rose 56% this month in its strongest monthly gain since July 2022 amid strong ETF flows and ETH treasury firm buying.
White House digital assets chief Bo Hines confirmed strategic Bitcoin reserve plans remain active despite omission from a recent policy report.
Crypto-related securities class-action lawsuits are already near their total for the whole of 2024, Cornerstone Research says.
DappRadar analyst Sara Gherghelas said 2025 Ethereum DApp activity appears on track to match or even surpass 2024, “suggesting that the current market momentum might be sustainable.”
Federal Reserve Chair Jerome Powell’s comments dampened hopes for a September rate cut, which could lead to a slower crypto bull run, one analyst speculates.
Hank Huang, CEO of Kronos Research, said Ether ETFs offering yield through staking “flips the switch on demand,” boosting liquidity and greater onchain participation.