Arbitrum ($ARB), the popular Ethereum Layer 2 scaling solution, saw an incredible 40% increase over the last seven days, currently trading at 0.3608 with another 18.3% gain today. 24-hour trading volume is more than 692 million, and the circulating supply exceeds 4.96B ARB tokens. The current increase has led the market cap of Arbitrum to nearly $1.79B, per CoinGecko data. The speculative momentum and higher on-chain activity have attracted the attention of investors to the price rise. Robinhood Partnership Rumors Drive Market Excitement Among the most significant drivers contributing to this price surge are speculation that Robinhood and Arbitrum are…
Author: cryphedge
Wintermute gets Bitcoin (BTC) credit line from Cantor Fitzgerald. The credit line will enhance Wintermute’s capital-heavy OTC crypto trading operations. The deal signals a cautious return of institutional crypto lending. Crypto market maker Wintermute has secured a Bitcoin-backed credit facility from Cantor Fitzgerald in a move that signals growing confidence in the revival of institutional crypto lending. Wintermute closes first Bitcoin-backed financing from Cantor As one of the earliest participants in Cantor’s $2B Bitcoin Financing Business, the facility provides additional flexibility to support our global trading activity and 2,000+ OTC counterpartieshttps://t.co/1B7ghiiMVZ — Wintermute (@wintermute_t) June 30, 2025 The agreement is…
BlackRock’s iShares Bitcoin Trust ETF (IBIT) is rapidly cementing its status as the most dominant BTC fund among its peers.Bitcoin analyst James Check highlighted the divergence in a June 29 X post, noting that total inflows across all other Bitcoin ETFs have stagnated around $20 billion since December 2024.Chart showing Bitcoin ETF flows excluding GBTC and IBIT from February 2024 to July 2025 (Source: X/Check)In contrast, IBIT alone has drawn over $52 billion in cumulative inflows since its launch, solidifying its dominance in the space.He further pointed out that this trend is reflected in weekly inflow data, where IBIT attracts…
Goldman Sachs’s Ripple leak has emerged as a major development in cryptocurrency markets right now, with leaked documents revealing the investment banking giant’s involvement as a Ripple co-investor. The Goldman Sachs Ripple leak has triggered immediate responses from Coinbase and also investor Cathie Wood, highlighting growing institutional interest in digital assets.Bitcoin hodlrs probably have a large percent of their net worth in crypto and therefore have not been able to qualify for a mortgage. I wouldn’t be surprised if they were to shift some of their bitcoin to Coinbase to serve as collateral for a once unattainable new home. https://t.co/C36B7yT14f—…
Pepe price has surged over 5.55% in the past 24 hours, to emerge as one of today’s top crypto gainers and earn a spot on CoinMarketCap’s trending list. Backed by a massive 129% jump in 24-hour trading volume, this frog-themed meme coin has caught the attention of traders and whales alike. As market momentum builds, both technical and on-chain indicators offer clues about whether this rally has more room to run. Curious enough? Join me as I decode the Pepe price analysis for the short term.What Do the On-Chain Metrics Have to Say? As per Santiment, the recent on-chain activity reveals a…
Crypto Journalist Amin Ayan Crypto Journalist Amin Ayan About Author Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has… Share Last updated: June 30, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from…
Crypto Journalist Amin Ayan Crypto Journalist Amin Ayan About Author Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has… Share Last updated: June 30, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from…
Bitcoin traded above $107K Sunday as focus turned to U.S. fiscal policy and Trump’s “Big Beautiful Bill.” Trump urged “cost cutting Republicans” not to “go too crazy,” promising growth will “make it all up.” Expectations of sustained deficits and loose fiscal policy are bolstering the bull case for hard assets like BTC and gold. Bitcoin traded steadily above the $107,000 mark on Sunday, with market attention increasingly focused on fiscal policy tensions brewing in Washington. A recent social media post from President Donald Trump, aimed at quelling dissent within his own party over a massive tax-and-spending package, has inadvertently bolstered…
Financial advisors should be recommending clients to allocate between 10% to 40% of their portfolio to crypto, influential investment manager Ric Edelman told CNBC on Friday.According to Edelman, founder of the Digital Assets Council of Financial Professionals, the percentage of allocation to crypto should be decided based on the client’s risk appetite. Therefore, he recommended a minimum of 10% allocation to crypto in conservative portfolios and up to 40% for more aggressive scenarios.In 2021, in his book titled ‘The Truth about Crypto,’ Edelman claimed that a crypto allocation of even 1% was reasonable. But given the evolution of the crypto…
RLUSD daily transaction volume has reached $10 billion across Ripple’s ecosystem in 2025 RLUSD supply on Ethereum surged from $100 million in February to over $300 million by May Demand for RLUSD increased as stablecoins gain traction in DeFi and cross-border payments Ripple’s RLUSD stablecoin has reached a new milestone, allowing $10 billion in daily transaction volume throughout its ecosystem. This figure shows a major shift in activity across Ripple’s blockchain networks, with the RLUSD token seeing accelerating adoption in 2025. The increase in daily volume corresponds to RLUSD’s most active period since its introduction, confirming its expanding role in…
