Ethereum futures hit $12 billion as illiquid supply drives price toward $5,500 target

Ethereum supply is 28% illiquid, with ETH futures open interest at $12 billion, indicating strong institutional demand and potential price movement to $5,500.
Bitcoin hits $112,000 as Federal Reserve rate cuts approach, gold rallies alongside.

Bitcoin reclaimed $112,000 as the Federal Reserve considers rate cuts, while gold prices surged, reflecting broader market optimism and shifting monetary policy.
Elon Musk’s lawyer directs $175 million Dogecoin treasury investment as Wall Street commits millions

Elon Musk’s lawyer Alex Spiro leads a $175 million treasury play involving Dogecoin, with Wall Street firms investing millions into DOGE amid rising institutional interest.
SUI maintains $3.20 support level after 8% decline amid high trading volume.

SUI token declined 8% to $3.25, trading volume reached $450 million, with support maintained above the $3.20 level amid market volatility.
BitMEX and TradingView distribute 100,000 USDT in trading rewards during 2024 campaign

BitMEX and TradingView launch a trading campaign offering 100,000 USDT in rewards to participants, featuring Bitcoin and Ethereum trading pairs.
Ondo launches 100 tokenized U.S. stocks on Ethereum including Apple and Tesla

Ondo launches over 100 tokenized U.S. stocks on Ethereum, including Apple AAPL and Tesla TSLA, expanding blockchain-based equity access to global investors.
Polymarket launches in US after CFTC approval, enabling prediction markets with $1 million daily volume

Polymarket CEO confirms CFTC approval for US launch, enabling prediction markets on events like Bitcoin prices and election outcomes with $1 million volume.
Bitcoin ETFs attract $12 billion as network fees exceed $50 amid April 2024 congestion.

Bitcoin ETFs like IBIT and FBTC attracted $12 billion inflows, but network congestion caused transaction fees to spike above $50 in April 2024.
Crypto prop trading firms increased assets by 40% in 2023 amid regulatory shifts

Crypto prop trading firms like Alameda Research and Jump Trading manage over $50 billion in assets, with Bitcoin and Ethereum dominating 70% of volume.
CFTC approves Polymarket US return with regulatory framework for 2024 prediction markets

CFTC approved Polymarket’s US return, allowing prediction markets on events like Bitcoin ETF flows and election outcomes with over $100 million in volume.