News list for " 7.7575"

Hunter Horsley, chief executive of Bitwise, wrote: "I don't think anyone will sell Bitcoin once it breaks through $13 to $150,000. Bitcoin is currently at $100,000 and early investors who bought at very low prices are partially selling. Once Bitcoin breaks through new levels, this will gradually decrease. From then on when people need liquidity, they will need to borrow more and more from holders. All this will further drive prices up and there will simply not be enough Bitcoin to circulate."

The U.S. Digital Asset Market Definition Act, the CLARITY Act, is under consideration by the U.S. House Committee on Financial Services and the Committee on Agriculture#2 "Prohibiting President Trump and his family from profiting from trading or promoting cryptoassets" was rejected. Chairperson Thompson said this is not the place to discuss presidential ethics. The remaining considered amendments include: amendment#1 "Full reauthorization of the CFTC (US Commodity Futures Trading Commission) " w...

Indian government sources said that Indian and US negotiators have made progress, with talks focusing on market access, tariff reductions and non-tariff barriers for industrial and some agricultural products. India and the US are expected to reach an interim trade deal by the end of this month. The sources said the two sides discussed ways to improve maritime trade.

Pyth Network announced support for ETF real-time price data, including U.S. stocks and global indices, gold, Treasury bonds, real estate investment trusts (REITs), dividend and yield-focused portfolios, and more.

According to on-chain analyst Onchain Lens, a giant whale withdrew 1997 ETH from the Bybit exchange, which is about $5.74 million at the current market value.

"I hope the Senate doesn't make too many changes to the bill," said John McLean, chairperson of the House Republican Conference, according to Fox News. "Like I said before, we see this in the House, everyone wants different things, everyone wants more cuts, but ultimately we have to get the bill passed. I think the Senate will make a little change... but they can't make a big change or it won't pass the House."

Meta Platforms will pay nearly $15 billion for a 49% stake in artificial intelligence startup Scale AI.

Tether CEO Paolo Ardoino said in a post on the X platform that Tether is developing the Wallet Development Kit (WDK), which uses P2P networks for node synchronization and transaction broadcasting. Rumble Wallet will take the lead in building wallet products based on this architecture, and the WDKv2 version will be released soon.

Bitwise Chief Investment Officer Matt Hougan said that Bitwise Investments has just launched the first covered call ETF (IGME) focused on GameStop, which generates revenue through options strategies but does not directly invest in GameStop shares.

Sam Altman, founder of OpenAI, said that we have reduced the price of the OpenAI o3 model by 80%. Looking forward to people's reaction to this move. I believe people will also be satisfied with the performance and pricing of the o3 Pro.

The Securities Exchange Commission (SEC) announced on June 10, 2025 that it was initiating procedures to review the listing application of the Bitwise Bitcoin and Ethereum ETF submitted by the NYSE Arca exchange. The ETF plans to hold both Bitcoin and Ethereum, and the asset allocation will be based on the relative market capitalization of the two cryptocurrencies (currently around 83% Bitcoin and 17% Ethereum). Bitwise Investment Advisers, LLC is the originator of the trust, and Coinbase Custod...

According to the analyst Ember monitoring, a whale/institution through two ETH band operation in a month and a half accumulated profit of about 30.45 million US dollars: April 27, the address through Wintermute at $1830 to buy 30,000 ETH at $54.90 million, and on May 22 sold at $2621, profit 23.73 million US dollars. Then on May 26 again at $2513 to buy 30,000 ETH, and today sold at $2737, profit 6.72 million US dollars.