Did the launch of spot crypto ETFs help bring crypto into the mainstream and encourage adoption - particularly by closing the gap between advisors and their clients? Are advisors “in” on crypto? This is Crypto for Advisors, after all, so in today’s issue, Roxanna Islam from TMX VettaFi takes us through crypto demand and adoption since the launch of spot ETFs...

Ether traders display a stronger inclination to mitigate potential downside risks than bitcoin, Risk reversals show traders are more inclined to mitigate potential downside risks for ether than bitcoin. Derivative traders on decentralized exchanges see limited upside in ETH. FOR MORE DETAILS PLEASE CLICK HERE!  

Bitcoin's seven-day moving average (7DMA) hash rate surpassed 700 EH/s for the first time, marking a 13% increase since April's halving. The bitcoin hashrate has surpassed 700 EH/s for the first time, marking a 6% increase over the past seven days. Bitcoin's hashprice briefly went above $50 PH/s, a two-month high, as mining profitability increased driven by a spike in transaction...

Markets are seeing a nearly 70% probability of a bigger 50 bps rate cut to the 4.7%-5% range, up from 25% a month ago. Bitcoin remains stable around $58,480 with slight movements in other cryptocurrencies like XRP, SUI, and FTM. The market anticipates the Federal Reserve's potential interest rate cut on September 18, which is expected to influence risk assets positively, with a 67%...

Gold has a significantly higher volatility ratio than bitcoin in 2024, according to analysis by Goldman Sachs. BTC's price surge doesn't compensate for the price volatility risks, a chart by Goldman Sachs shows. Gold's relatively higher risk-adjusted returns explains its safe haven appeal. Bitcoin (BTC) has surged over 40% this year, outshining major equity...

The yen losses suggest the market is not worried about Ishiba's hawkish image and potential for faster BOJ rate hikes, offering positive cues to risk assets, including BTC. BTC dropped over 3% on Monday, with analysts blaming Japan's incoming PM Ishiba's hawkish bias and Nikkei's slide for the losses. The yen, however, depreciated across the board Monday, contradicting the...

The ratio's present price pattern resembles late 2020. DOGE/BTC lingers at the depth of a prolonged bear market, undercutting any notion of speculative frenzy. The ratio's present price pattern resembles late 2020. Dogecoin's (DOGE), the world's leading meme cryptocurrency by market value, has surged 24% in one week, outpacing gains in other major tokens,...

Trump's odds of winning the U.S. presidential election have surged to a more than two-month high. Plus, the broader crypto market is stagnant despite hopes of another round of stimulus in China. Trump-themed PoliFi tokens outperformed a slow market this week as the Republican candidate pulled ahead of Kamala Harris on Polymarket. Crypto traders in Asia are eagerly awaiting...

Is Ethereum in danger of being all things to all people and being master of none? It needs to focus on its original ambition to be a World Computer, says Ganesh Swami, co-founder of Covalent. Ethereum has come a long way since the network went live in 2015 under the codename Frontier, transforming from a grand idea into what is now the foundation for thousands of decentralized...

Mango DAO, Mango Labs and Blockworks Foundation agreed to settle charges with the U.S. Securities and Exchange Commission Friday. The U.S. Securities and Exchange Commission (SEC) settled charges with Mango DAO, Mango Labs LLC and Blockworks Foundation alleging that the MNGO token was an unregistered security and that the latter entities offered unregistered broker services. The...

The bump came as Trump said he would launch the family-helmed World Liberty Financial project on Monday. Betting odds on Polymarket for Donald Trump launching a cryptocurrency token before the November election surged to over 84% after he announced a launch date for the World Liberty Financial crypto project, but later reversed. The market, which has seen over $1.7 million in bets,...

The regulator asked the court to extend the pause of Kalshi's political prediction markets for as long as the agency's appeal is pending. Warning of an imminent "explosion in election gambling," the U.S. Commodity Futures Trading Commission asked an appeals court to extend the pause on Kalshi's political prediction markets for as long as the agency's appeal is pending....