Global

Former President Donald Trump has undergone a notable shift in his stance towards cryptocurrencies, evolving from initial skepticism to a more supportive position.

Cryptocurrencies have evolved from a niche interest into a cornerstone of the global financial system. As digital currencies gain momentum, governments worldwide are increasingly recognizing their potential and integrating them into their economies.

In a notable turn of events within the cryptocurrency investment landscape, Ethereum-focused Exchange-Traded Funds (ETFs) are experiencing a surge in investor interest, while Grayscale’s Ethereum Trust (ETHE) continues to face significant challenges.

In 2024, Bitcoin miners have dramatically altered their behavior, significantly reducing the amount of Bitcoin transferred to exchanges. This shift could signal a deeper change in market dynamics and investor confidence.

Dogecoin (DOGE) has experienced a 16% price drop over the past month, currently trading at $0.10. Analysts are pointing to a significant decline in activity from large investors, often referred to as "whales," as a primary culprit.

In a notable sign of growing institutional confidence in digital assets, U.S. Bitcoin exchange-traded funds (ETFs) have experienced a surge in inflows, attracting $2.4 billion in the second quarter of 2024.