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Spot Ethereum ETFs in the U.S. witnessed record trading volumes on Monday amid the President Trump tariff-fueled turmoil.Following Trump’s tariff announcements on Saturday, ether was one of the hardest hit, dropping 36% to a low of around $2,100 on Monday.
While some view the firm’s BTC buying pause as a bearish development, a couple analysts think differently
Hougan noted that spot Bitcoin ETFs absorbed $4.94 billion in January alone, an annualized pace of approximately $59 billion.
Tariffs issued on three of the US’s biggest trading partners sent global markets into a tailspin
Quick Take White House crypto czar David Sacks said bitcoin is an “excellent store of value” as the original and strongest cryptocurrency. Sacks said evaluating a potential bitcoin reserve is a top priority. The crypto czar also told CNBC that he wants more stablecoin innovation to happen in the U.S.
- 15:12Overview of Important Developments on the Evening of February 2412:00-21:00 Keywords: Strategy, Pectra, Babylon 1. CANARY submits HBAR ETF application to Nasdaq; 2. Strategy completes $2 billion convertible senior notes offering; 3. Ethereum developers to launch Pectra test on Holesky; 4. Insider: Ethena previously completed $100 million financing in December; 5. CoinShares: Digital asset investment products saw a net outflow of $508 million last week; 6. Babylon Foundation X account posts "Hello World," possibly hinting at upcoming TGE.
- 15:09AAVE falls below $230The market shows that AAVE fell below $230 and is now at $229.95, down 6.65% in 24 hours, the market is volatile, please do risk control.
- 15:08BTC falls below 95,000 USDTBTC fell below 95,000 USDT and is now at 94,999 USDT, down 0.81% in 24H, according to ticker data.