Traders piled into short positions against WLFI as the Trump-linked DeFi token debuted on Hyperliquid, sending its price tumbling more than 44% in hours.
Since the beginning of June, ether treasury companies and ETH ETFs have purchased a massive 4.9% of the crypto's circulation, the bank's Geoff Kendrick said.
Like an athlete who has been on the juice too long, the U.S. economy could start seeing diminishing returns from rate cuts and fiscal spending — and more side effects.
Trump Media will buy $105 million in CRO tokens while Crypto.com takes $50 million in DJT stock as part of a partnership that makes the Cronos token central to Truth Social’s rewards system.
Analysts suggest that BTC's price struggles this month are linked to ETF outflows, with a potential bull run into the year-end requiring significant capital inflows.
Retail leverage keeps getting flushed as ETFs log billion-dollar outflows, while whales and sovereign players quietly accumulate ETH and BTC into volatility.