Author
571 posts
Bena Ilyas
Latest Articles
US Ethereum ETFs See $24M Inflows, Grayscale’s ETHE Faces $31M Outflows
By Bena Ilyas
• 3 mins read
Grayscale ETHE saw a net outflow of $31 million, reversing the previous day’s breakeven flow, likely due to concerns over Grayscale’s ability to convert ETHE shares into real Ethereum.
Grayscale Ethereum Trust Ends Outflows as Ethereum Layer 2 Activity Surges
By Bena Ilyas
• 3 mins read
The recent surge in Ethereum network activity signals renewed investor interest, offering hope for Ether’s long-term price appreciation.
XRP Options Market Surges as Traders Bet on $1.10 Price Spike by End of August
By Bena Ilyas
• 3 mins read
The surge in XRP options activity is undoubtedly a bullish signal for the cryptocurrency.
Bitcoin Sinks Below $58K as Crypto Market Faces Broad Selloff
By Bena Ilyas
• 3 mins read
Further downward pressure on specific tokens is expected in the coming week due to scheduled token unlocks, with over $120 million worth of tokens set to be released.
Turkey Sees Record 47 Crypto Firms Apply for Licenses amid New Regulations
By Bena Ilyas
• 2 mins read
The surge in license applications highlights Turkey’s growing prominence in the crypto sector and its dedication to establishing a well-regulated and secure crypto market.
Trump-Linked RTR Crypto Crashes 95% after Denial from Eric Trump
By Bena Ilyas
• 2 mins read
Eric Trump publicly denied any connection between the Trump family and the RTR token, highlighting the risks in the memecoin market.
Bitcoin Rebounds Sharply after 15% Drop, JPMorgan Analysts Point to Institutional Support
By Bena Ilyas
• 3 mins read
JPMorgan’s report shows limited de-risking by institutional investors in bitcoin futures. Their futures position indicator confirms this confidence, tracking open interest in CME Bitcoin futures.
Bitcoin ETFs See $45M Inflows as Ethereum Funds See $24M Outflows
By Bena Ilyas
• 2 mins read
Despite recent inflows signaling renewed confidence in Bitcoin ETFs, Grayscale’s GBTC continues to struggle with significant outflows, highlighting ongoing investor hesitation.
Coinbase Chief Warns against Crypto Politicization, Calls for Bipartisan Support in Policy
By Bena Ilyas
• 3 mins read
“My biggest concern is crypto becoming politicized,” Paul Grewal, Coinbase’s Chief Legal Officer, stressed in an interview at the Asia Blockchain Summit.
Turbo Protocol Blockchain Claims 400,000 TPS, 4,000X Faster than Solana
By Bena Ilyas
• 2 mins read
Turbo Protocol could be 4,000 times faster than Solana, marking a major advancement in blockchain scalability.