17 hours ago
Solana (CRYPTO: SOL) and Hyperliquid (CRYPTO: HYPE) exchange-traded funds (ETFs) are seeing capital inflows right as spot Bitcoin ETFs shed roughly $8.2 billion across an eight-week outflow streak culminating on July 6, and Ethereum funds joined them in the red. Solana ETFs now hold about $904 million in **** ets, and Hyperliquid ETFs have pulled in $350 million since May.
So does that mean investors should be bullish on the coins seeing the inflows?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Solana is down by about 60% over the past year. Fresh capital entering into spot Solana ETFs looks a lot like investors and financial institutions buying the dip in anticipation of the chain's upcoming catalysts.
Specifically, Alpenglow, the overhaul that is set to cut transaction finality times from 12.8 seconds to 150 milliseconds, activates on the mainnet sometime between August and October. Faster settlement is what Solana's institutional customers want and need, so it's likely going to be a significant unlock for even more capital onboarding in the future.
#NVIDIA #down
So does that mean investors should be bullish on the coins seeing the inflows?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Solana is down by about 60% over the past year. Fresh capital entering into spot Solana ETFs looks a lot like investors and financial institutions buying the dip in anticipation of the chain's upcoming catalysts.
Specifically, Alpenglow, the overhaul that is set to cut transaction finality times from 12.8 seconds to 150 milliseconds, activates on the mainnet sometime between August and October. Faster settlement is what Solana's institutional customers want and need, so it's likely going to be a significant unlock for even more capital onboarding in the future.
#NVIDIA #down
4 days ago
Ether (ETH), the native token of the Ethereum protocol, has jumped roughly 25% in the past month, but a classic technical setup shows potential price correction ahead.
ETH was trading near $1,890 on July 24, having recovered from its June low near $1,510. However, the rebound has developed between two ascending, converging trendlines, creating the rising wedge structure.
A rising wedge typically reflects weakening bullish momentum because price continues to form higher highs and higher lows within an increasingly narrow range.
The pattern confirms when the price closes below its lower trendline with stronger trading volume and falls by as much as the maximum distance between the lower and the upper trendline.
For Ether, the wedge support appears near $1,830–$1,850, overlapping with its 50-day exponential moving average (50-day EMA, red) at approximately $1,832. Losing this support could accelerate the sell-off toward $1,600–$1,605, representing a decline of around 15% from current prices.
#ether #lower
ETH was trading near $1,890 on July 24, having recovered from its June low near $1,510. However, the rebound has developed between two ascending, converging trendlines, creating the rising wedge structure.
A rising wedge typically reflects weakening bullish momentum because price continues to form higher highs and higher lows within an increasingly narrow range.
The pattern confirms when the price closes below its lower trendline with stronger trading volume and falls by as much as the maximum distance between the lower and the upper trendline.
For Ether, the wedge support appears near $1,830–$1,850, overlapping with its 50-day exponential moving average (50-day EMA, red) at approximately $1,832. Losing this support could accelerate the sell-off toward $1,600–$1,605, representing a decline of around 15% from current prices.
#ether #lower
5 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Bitcoin (BTC-USD) opened at $66,081.05 on Thursday, July 23, 2026, 0.6% lower than Wednesday's opening price. As of 9:22 a.m. ET this morning, the price of bitcoin moved down to $65,054.55.
Ethereum (ETH-USD) opened at $1,933.32 on Thursday, July 23, 2026, up 0.3% from Wednesday's opening price. The price of ethereum moved lower this morning to $1,899.38 as of 9:22 a.m. ET.
Bitcoin and ethereum have shown slight gains over the past month, fueling cautious optimism that the crypto market has hit a bottom.
In June, Coinbase CEO Brian Armstrong said that bitcoin hit its low point near $60,000. After Armstrong's prediction, the digital currency dipped below $58,000 briefly. Bitwise CIO Matt Hougan expressed a similar sentiment in early July.
#ethereum #morning
Bitcoin (BTC-USD) opened at $66,081.05 on Thursday, July 23, 2026, 0.6% lower than Wednesday's opening price. As of 9:22 a.m. ET this morning, the price of bitcoin moved down to $65,054.55.
Ethereum (ETH-USD) opened at $1,933.32 on Thursday, July 23, 2026, up 0.3% from Wednesday's opening price. The price of ethereum moved lower this morning to $1,899.38 as of 9:22 a.m. ET.
Bitcoin and ethereum have shown slight gains over the past month, fueling cautious optimism that the crypto market has hit a bottom.
In June, Coinbase CEO Brian Armstrong said that bitcoin hit its low point near $60,000. After Armstrong's prediction, the digital currency dipped below $58,000 briefly. Bitwise CIO Matt Hougan expressed a similar sentiment in early July.
#ethereum #morning
5 days ago
Solana (CRYPTO: SOL) developers gave themselves some homework in July 2025. The "Internet Capital Markets" plan targets a swath of features for the developer community to prepare by the end of 2027. Since then, the scope of those ambitions has expanded, even as the coin's price has fallen.
The main battle ahead is with Ethereum for the prize of being the leading tokenized **** et management and trading venue. Let's map out how the next three years will determine the outcome of that competition.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Solana passed 300,000 real-world **** et holders (users holding tokenized stocks, bonds, or other traditional **** ets), more than any other chain. It handled more than 96% of tokenized equity spot trading volume in June. Ethereum still leads on total tradeable tokenized **** et value, with $15.5 billion versus Solana's $3.3 billion, so the question is whether Solana can close that gap over the next few years.
Alpenglow, Solana's upcoming consensus overhaul, is intended to cut transaction finality time from about 12.8 seconds to roughly 150 milliseconds. It went live for testing in May with its debut on the mainnet due late this year, delayed from a Q1 launch target.
#flashing
The main battle ahead is with Ethereum for the prize of being the leading tokenized **** et management and trading venue. Let's map out how the next three years will determine the outcome of that competition.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Solana passed 300,000 real-world **** et holders (users holding tokenized stocks, bonds, or other traditional **** ets), more than any other chain. It handled more than 96% of tokenized equity spot trading volume in June. Ethereum still leads on total tradeable tokenized **** et value, with $15.5 billion versus Solana's $3.3 billion, so the question is whether Solana can close that gap over the next few years.
Alpenglow, Solana's upcoming consensus overhaul, is intended to cut transaction finality time from about 12.8 seconds to roughly 150 milliseconds. It went live for testing in May with its debut on the mainnet due late this year, delayed from a Q1 launch target.
#flashing
5 days ago
S&P Dow Jones Indices and Pantera Capital launched an 18-coin crypto index led by Ethereum, BNB, Solana, Tron and Hyperliquid, and left out both Bitcoin and XRP.
A coin only qualifies if the protocol behind it earns consecutive quarters of revenue and returns some of that money to token holders—a rule modeled on the S&P 500's four-quarter earnings test.
XRP's entire burn since 2012 totals roughly $16 million, which is less than 1% of the $3 billion the 18 qualifying coins generate yearly.
The exclusion stings XRP more than Bitcoin, given that utility is XRP's core value pitch while Bitcoin's digital gold narrative never required revenue.
Don't wait: the ***** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
#pantera #Solana
A coin only qualifies if the protocol behind it earns consecutive quarters of revenue and returns some of that money to token holders—a rule modeled on the S&P 500's four-quarter earnings test.
XRP's entire burn since 2012 totals roughly $16 million, which is less than 1% of the $3 billion the 18 qualifying coins generate yearly.
The exclusion stings XRP more than Bitcoin, given that utility is XRP's core value pitch while Bitcoin's digital gold narrative never required revenue.
Don't wait: the ***** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
#pantera #Solana
6 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Bitcoin (BTC-USD) opened at $65,214.10 on Tuesday, July 21, 2026, 0.8% higher than Monday's opening price. As of 9:30 a.m. ET this morning, the price of bitcoin moved up to $66,398.15.
Ethereum (ETH-USD) opened at $1,903.35 on Tuesday, July 21, 2026, up 1.7% from Monday's opening price. The price of ethereum moved higher this morning to $1,935.99 as of 9:30 a.m. ET.
Bitcoin and ethereum opened higher this morning. Investors' appetite for risk has returned momentarily; strength in crypto coincided with an uptick in the tech-heavy Nasdaq-100 (^NDX) this morning.
The trend may be more than a one-day blip. According to SoSo Value data, the last week marked the second consecutive week bitcoin ETFs had positive net inflows, for the first time since May. The inflows did not cover the outflows over the past several weeks.
#ethereum #opened #tuesday
Bitcoin (BTC-USD) opened at $65,214.10 on Tuesday, July 21, 2026, 0.8% higher than Monday's opening price. As of 9:30 a.m. ET this morning, the price of bitcoin moved up to $66,398.15.
Ethereum (ETH-USD) opened at $1,903.35 on Tuesday, July 21, 2026, up 1.7% from Monday's opening price. The price of ethereum moved higher this morning to $1,935.99 as of 9:30 a.m. ET.
Bitcoin and ethereum opened higher this morning. Investors' appetite for risk has returned momentarily; strength in crypto coincided with an uptick in the tech-heavy Nasdaq-100 (^NDX) this morning.
The trend may be more than a one-day blip. According to SoSo Value data, the last week marked the second consecutive week bitcoin ETFs had positive net inflows, for the first time since May. The inflows did not cover the outflows over the past several weeks.
#ethereum #opened #tuesday
6 days ago
If you ask people whether you should buy/sell/hold gold, most today would say buy or hold.
Of course, gold did hit an all-time high of $5,589 in January 2026, largely on the backs of central banks buying in record numbers as reserve diversification has come into fashion amid rising geopolitical tensions.
Gold is trading around $4,000 right now, so it's down a ways from its peak, though it's still up 120% over the past 5 years. Even Bitcoin, i.e. digital gold, is up 115% in that span.
Then there's Ethereum. ETH currently trades around $1,900, which is down 5% from where it was trading at ($2k) at this point in 2021.
So gold doubled, and BTC doubled, yet the flagship programmable money venture (with native yield, the most stablecoins, institutional tokenization experiments, etc.) has underperformed.
#Gold #down #january #Bitcoin
Of course, gold did hit an all-time high of $5,589 in January 2026, largely on the backs of central banks buying in record numbers as reserve diversification has come into fashion amid rising geopolitical tensions.
Gold is trading around $4,000 right now, so it's down a ways from its peak, though it's still up 120% over the past 5 years. Even Bitcoin, i.e. digital gold, is up 115% in that span.
Then there's Ethereum. ETH currently trades around $1,900, which is down 5% from where it was trading at ($2k) at this point in 2021.
So gold doubled, and BTC doubled, yet the flagship programmable money venture (with native yield, the most stablecoins, institutional tokenization experiments, etc.) has underperformed.
#Gold #down #january #Bitcoin
6 days ago
Charles Schwab (SCHW) just posted its biggest quarter ever. Revenue hit a record $7.1 billion, up 21% from a year ago, beating Wall Street forecasts. Adjusted earnings of $1.62 per share also topped the consensus near $1.55.
The broker also opened direct Bitcoin (BTC) and Ethereum (ETH) trading for retail clients. Still, SCHW shares barely moved, trading near $102.91 after the report.
Almost every number came in strong. Net income rose 32% to $2.8 billion. Client ******* ets grew 22% to a record $13.08 trillion.
Clients did the heavy lifting. They placed a record 11.9 million trades a day, up 57% from last year. Margin balances nearly doubled to $165.1 billion, a sign clients are taking bigger swings.
There is one catch. Schwab earned 19% less per trade than a year ago, at $1.64. Sheer volume, not pricing, drove the 28% jump in trading revenue.
#billion #schwab
The broker also opened direct Bitcoin (BTC) and Ethereum (ETH) trading for retail clients. Still, SCHW shares barely moved, trading near $102.91 after the report.
Almost every number came in strong. Net income rose 32% to $2.8 billion. Client ******* ets grew 22% to a record $13.08 trillion.
Clients did the heavy lifting. They placed a record 11.9 million trades a day, up 57% from last year. Margin balances nearly doubled to $165.1 billion, a sign clients are taking bigger swings.
There is one catch. Schwab earned 19% less per trade than a year ago, at $1.64. Sheer volume, not pricing, drove the 28% jump in trading revenue.
#billion #schwab
6 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Bitcoin (BTC-USD) opened at $65,214.10 on Tuesday, July 21, 2026, 0.8% higher than Monday's opening price. As of 9:30 a.m. ET this morning, the price of bitcoin moved up to $66,398.15.
Ethereum (ETH-USD) opened at $1,903.35 on Tuesday, July 21, 2026, up 1.7% from Monday's opening price. The price of ethereum moved higher this morning to $1,935.99 as of 9:30 a.m. ET.
Bitcoin and ethereum opened higher this morning. Investors' appetite for risk has returned momentarily; strength in crypto coincided with an uptick in the tech-heavy Nasdaq-100 (^NDX) this morning.
The trend may be more than a one-day blip. According to SoSo Value data, the last week marked the second consecutive week bitcoin ETFs had positive net inflows, for the first time since May. The inflows did not cover the outflows over the past several weeks.
#july
Bitcoin (BTC-USD) opened at $65,214.10 on Tuesday, July 21, 2026, 0.8% higher than Monday's opening price. As of 9:30 a.m. ET this morning, the price of bitcoin moved up to $66,398.15.
Ethereum (ETH-USD) opened at $1,903.35 on Tuesday, July 21, 2026, up 1.7% from Monday's opening price. The price of ethereum moved higher this morning to $1,935.99 as of 9:30 a.m. ET.
Bitcoin and ethereum opened higher this morning. Investors' appetite for risk has returned momentarily; strength in crypto coincided with an uptick in the tech-heavy Nasdaq-100 (^NDX) this morning.
The trend may be more than a one-day blip. According to SoSo Value data, the last week marked the second consecutive week bitcoin ETFs had positive net inflows, for the first time since May. The inflows did not cover the outflows over the past several weeks.
#july
6 days ago
In XRP news today, David Schwartz, Ripple's CTO Emeritus and co-creator of the XRP Ledger, publicly admitted on July 20, 2026 that he regrets selling XRP at $0.10 and 40,000 ETH at roughly $1.05 each – but he was clear that neither sale reflected a loss of conviction in crypto. Both were products of a rules-based risk-management pact he had made with his wife years earlier.
The admission landed on X under his longtime handle JoelKatz, after another user raised his history of selling XRP at $0.10 and Ethereum near $1.
With XRP price trading around $1.13 and ETH price near $1,927 at the time of the article's publication, according to multiple price feeds, the scale of the missed upside is not hard to calculate.
The central tension this story unpacks: even one of crypto's most technically sophisticated insiders – a man who helped build XRP from the ground up – systematically sold ***** ets that later generated life-changing returns, and he did it on purpose.
Schwartz's explanation centers on an agreement he reached with his wife around 2012, when they discussed a cryptocurrency derisking plan.
#selling #wife #around #emeritus
The admission landed on X under his longtime handle JoelKatz, after another user raised his history of selling XRP at $0.10 and Ethereum near $1.
With XRP price trading around $1.13 and ETH price near $1,927 at the time of the article's publication, according to multiple price feeds, the scale of the missed upside is not hard to calculate.
The central tension this story unpacks: even one of crypto's most technically sophisticated insiders – a man who helped build XRP from the ground up – systematically sold ***** ets that later generated life-changing returns, and he did it on purpose.
Schwartz's explanation centers on an agreement he reached with his wife around 2012, when they discussed a cryptocurrency derisking plan.
#selling #wife #around #emeritus
7 days ago
S&P Dow Jones Indices and Pantera Capital launched an 18-coin crypto index led by Ethereum, BNB, Solana, Tron and Hyperliquid, and left out both Bitcoin and XRP.
A coin only qualifies if the protocol behind it earns consecutive quarters of revenue and returns some of that money to token holders—a rule modeled on the S&P 500's four-quarter earnings test.
XRP's entire burn since 2012 totals roughly $16 million, which is less than 1% of the $3 billion the 18 qualifying coins generate yearly.
The exclusion stings XRP more than Bitcoin, given that utility is XRP's core value pitch while Bitcoin's digital gold narrative never required revenue.
Don't wait: the ******* yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
#Bitcoin #jones #pantera #ethereum
A coin only qualifies if the protocol behind it earns consecutive quarters of revenue and returns some of that money to token holders—a rule modeled on the S&P 500's four-quarter earnings test.
XRP's entire burn since 2012 totals roughly $16 million, which is less than 1% of the $3 billion the 18 qualifying coins generate yearly.
The exclusion stings XRP more than Bitcoin, given that utility is XRP's core value pitch while Bitcoin's digital gold narrative never required revenue.
Don't wait: the ******* yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
#Bitcoin #jones #pantera #ethereum
7 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Bitcoin (BTC-USD) opened at $64,680.23 on Monday, July 20, 2026, 0.2% lower than Sunday's opening price. As of 9:34 a.m. ET this morning, the price of bitcoin moved up to $64,694.96.
Ethereum (ETH-USD) opened at $1,871.21 on Monday, July 20, 2026, up 0.5% from Sunday's opening price. The price of ethereum moved higher this morning to $1,875.30 as of 9:35 a.m. ET.
Bitcoin opened slightly lower while ethereum was higher this morning. Both digital currencies are up over the past month, but sentiment about the second half of the year remains mixed.
Analyst Darkforst noted Friday that top buyers who paid between $75,000 and $126,000 for bitcoin are now realizing losses — signaling investors aren't optimistic about the near-term prospects. On the other hand, Standard Chartered just renewed its $100,000 bitcoin year-end 2026 price target. Prediction market Polymarket is taking a middle road, with top odds on bitcoin closing the year between $70,000 and $75,000 and ethereum finishing 2026 between $2,000 and $2,250.
#Monday #july
Bitcoin (BTC-USD) opened at $64,680.23 on Monday, July 20, 2026, 0.2% lower than Sunday's opening price. As of 9:34 a.m. ET this morning, the price of bitcoin moved up to $64,694.96.
Ethereum (ETH-USD) opened at $1,871.21 on Monday, July 20, 2026, up 0.5% from Sunday's opening price. The price of ethereum moved higher this morning to $1,875.30 as of 9:35 a.m. ET.
Bitcoin opened slightly lower while ethereum was higher this morning. Both digital currencies are up over the past month, but sentiment about the second half of the year remains mixed.
Analyst Darkforst noted Friday that top buyers who paid between $75,000 and $126,000 for bitcoin are now realizing losses — signaling investors aren't optimistic about the near-term prospects. On the other hand, Standard Chartered just renewed its $100,000 bitcoin year-end 2026 price target. Prediction market Polymarket is taking a middle road, with top odds on bitcoin closing the year between $70,000 and $75,000 and ethereum finishing 2026 between $2,000 and $2,250.
#Monday #july
7 days ago
Bitmine Immersion Technologies (NYSE: $BMNR) slowed its purchases of Ethereum (CRYPTO: $ETH) over the past week as it moved to buyback its own stock.
The company led by Chairman Tom Lee bought 7,430 Ethereum over the last week, slowing its buying as it redirected capital to share repurchases.
The latest ETH purchase, worth $14 million U.S., lifted BitMine's holdings to 5.78 million Ethereum, or roughly 4.8% of the cryptocurrency's total circulating supply.
More From Cryptoprowl:
Major U.S. Banks Join U.K. Government's Tokenization Taskforce
#NYSE
The company led by Chairman Tom Lee bought 7,430 Ethereum over the last week, slowing its buying as it redirected capital to share repurchases.
The latest ETH purchase, worth $14 million U.S., lifted BitMine's holdings to 5.78 million Ethereum, or roughly 4.8% of the cryptocurrency's total circulating supply.
More From Cryptoprowl:
Major U.S. Banks Join U.K. Government's Tokenization Taskforce
#NYSE
8 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Bitcoin (BTC-USD) opened at $65,214.10 on Tuesday, July 21, 2026, 0.8% higher than Monday's opening price. As of 9:30 a.m. ET this morning, the price of bitcoin moved up to $66,398.15.
Ethereum (ETH-USD) opened at $1,903.35 on Tuesday, July 21, 2026, up 1.7% from Monday's opening price. The price of ethereum moved higher this morning to $1,935.99 as of 9:30 a.m. ET.
Bitcoin and ethereum opened higher this morning. Investors' appetite for risk has returned momentarily; strength in crypto coincided with an uptick in the tech-heavy Nasdaq-100 (^NDX) this morning.
The trend may be more than a one-day blip. According to SoSo Value data, the last week marked the second consecutive week bitcoin ETFs had positive net inflows, for the first time since May. The inflows did not cover the outflows over the past several weeks.
#Bitcoin #morning #higher
Bitcoin (BTC-USD) opened at $65,214.10 on Tuesday, July 21, 2026, 0.8% higher than Monday's opening price. As of 9:30 a.m. ET this morning, the price of bitcoin moved up to $66,398.15.
Ethereum (ETH-USD) opened at $1,903.35 on Tuesday, July 21, 2026, up 1.7% from Monday's opening price. The price of ethereum moved higher this morning to $1,935.99 as of 9:30 a.m. ET.
Bitcoin and ethereum opened higher this morning. Investors' appetite for risk has returned momentarily; strength in crypto coincided with an uptick in the tech-heavy Nasdaq-100 (^NDX) this morning.
The trend may be more than a one-day blip. According to SoSo Value data, the last week marked the second consecutive week bitcoin ETFs had positive net inflows, for the first time since May. The inflows did not cover the outflows over the past several weeks.
#Bitcoin #morning #higher
9 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Bitcoin (BTC-USD) opened at $64,680.23 on Monday, July 20, 2026, 0.2% lower than Sunday's opening price. As of 9:34 a.m. ET this morning, the price of bitcoin moved up to $64,694.96.
Ethereum (ETH-USD) opened at $1,871.21 on Monday, July 20, 2026, up 0.5% from Sunday's opening price. The price of ethereum moved lower this morning to $1,875.30 as of 9:35 a.m. ET.
Bitcoin opened slightly lower while ethereum was higher this morning. Both digital currencies are up over the past month, but sentiment about the second half of the year remains mixed.
Analyst Darkforst noted Friday that top buyers who paid between $75,000 and $126,000 for bitcoin are now realizing losses — signaling investors aren't optimistic about the near-term prospects. On the other hand, Standard Chartered just renewed its $100,000 bitcoin year-end 2026 price target. Prediction market Polymarket is taking a middle road, with top odds on bitcoin closing the year between $70,000 and $75,000 and ethereum finishing 2026 between $2,000 and $2,250.
Bitcoin (BTC-USD) opened at $64,680.23 on Monday, July 20, 2026, 0.2% lower than Sunday's opening price. As of 9:34 a.m. ET this morning, the price of bitcoin moved up to $64,694.96.
Ethereum (ETH-USD) opened at $1,871.21 on Monday, July 20, 2026, up 0.5% from Sunday's opening price. The price of ethereum moved lower this morning to $1,875.30 as of 9:35 a.m. ET.
Bitcoin opened slightly lower while ethereum was higher this morning. Both digital currencies are up over the past month, but sentiment about the second half of the year remains mixed.
Analyst Darkforst noted Friday that top buyers who paid between $75,000 and $126,000 for bitcoin are now realizing losses — signaling investors aren't optimistic about the near-term prospects. On the other hand, Standard Chartered just renewed its $100,000 bitcoin year-end 2026 price target. Prediction market Polymarket is taking a middle road, with top odds on bitcoin closing the year between $70,000 and $75,000 and ethereum finishing 2026 between $2,000 and $2,250.
9 days ago
Ethereum (ETH) has managed to stay above $1,800 in the past few days. This is a key area that has acted as both support and resistance for the top altcoin for weeks, and that could define its course in the next few days.
In the last 24 hours alone, ETH has advanced by 1.5% after two consecutive days of losses. Market sentiment has recovered considerably compared to a few days ago, as reports indicated that inflation in the United States cooled down a bit in June.
The Crypto Fear and Greed Index currently sits at 34, meaning that investors' attitude has swung from Extreme Fear to the closest it has gotten to "Neutral" territory since the end of May.
Meanwhile, Ethereum-linked exchange-traded funds (ETFs) brought in positive net inflows amounting to $106 million. This indicates that investors' interest in the top altcoin has been recovering, probably as a result of the latest price action.
Overall, monthly net inflows in July have been positive after two consecutive months of net outflows.
In the last 24 hours alone, ETH has advanced by 1.5% after two consecutive days of losses. Market sentiment has recovered considerably compared to a few days ago, as reports indicated that inflation in the United States cooled down a bit in June.
The Crypto Fear and Greed Index currently sits at 34, meaning that investors' attitude has swung from Extreme Fear to the closest it has gotten to "Neutral" territory since the end of May.
Meanwhile, Ethereum-linked exchange-traded funds (ETFs) brought in positive net inflows amounting to $106 million. This indicates that investors' interest in the top altcoin has been recovering, probably as a result of the latest price action.
Overall, monthly net inflows in July have been positive after two consecutive months of net outflows.
12 days ago
Crypto treasury firm Bitmine Immersion Technologies (NYSE: $BMNR) says that Ethereum (CRYPTO: $ETH) staking generated 98% of its revenue in its latest quarter.
The company, led by Chairman Tom Lee, said Ethereum staking became its dominant source of revenue during the fiscal quarter ended May 31, generating $45.7 million U.S.
Bitmine reported $46.5 million U.S. in total revenue for the quarter, up from $2.05 million U.S. a year earlier.
More From Cryptoprowl:
Stablecoin Market Cap Declines By $10 Billion
The company, led by Chairman Tom Lee, said Ethereum staking became its dominant source of revenue during the fiscal quarter ended May 31, generating $45.7 million U.S.
Bitmine reported $46.5 million U.S. in total revenue for the quarter, up from $2.05 million U.S. a year earlier.
More From Cryptoprowl:
Stablecoin Market Cap Declines By $10 Billion
12 days ago
A group of former Ethereum Foundation researchers have launched a new for-profit company that aims to enhance blockchain privacy at commercial banks.
The new company, called EthSystems, plans to build infrastructure for financial institutions erected on the Ethereum (CRYPTO: $ETH) network.
The startup company claims to have spent the past year developing privacy technologies for enterprise use cases while engaging with regulators, commercial banks and ******* et managers.
More From Cryptoprowl:
Stablecoin Market Cap Declines By $10 Billion
The new company, called EthSystems, plans to build infrastructure for financial institutions erected on the Ethereum (CRYPTO: $ETH) network.
The startup company claims to have spent the past year developing privacy technologies for enterprise use cases while engaging with regulators, commercial banks and ******* et managers.
More From Cryptoprowl:
Stablecoin Market Cap Declines By $10 Billion
12 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Bitcoin (BTC-USD) opened at $64,974.75 on Wednesday, July 15, 2026, up 4.4% from Tuesday's open. The price of bitcoin eased to $64,621.97 as of 8:07 a.m. ET this morning.
Ethereum (ETH-USD) opened at $1,889.97 on Wednesday, July 15, 2026, up 6.6% compared to Tuesday's opening price. Ethereum prices this morning shifted to $1,881.39 as of 8:07 a.m. ET.
Both bitcoin and ethereum prices surged higher following yesterday's softer-than-expected inflation report, which showed the largest single-month decline in consumer prices since April 2020.
Bitcoin's opening price this morning was its highest since June 17, while the price of ethereum opened this morning at levels last seen on June 2.
Bitcoin (BTC-USD) opened at $64,974.75 on Wednesday, July 15, 2026, up 4.4% from Tuesday's open. The price of bitcoin eased to $64,621.97 as of 8:07 a.m. ET this morning.
Ethereum (ETH-USD) opened at $1,889.97 on Wednesday, July 15, 2026, up 6.6% compared to Tuesday's opening price. Ethereum prices this morning shifted to $1,881.39 as of 8:07 a.m. ET.
Both bitcoin and ethereum prices surged higher following yesterday's softer-than-expected inflation report, which showed the largest single-month decline in consumer prices since April 2020.
Bitcoin's opening price this morning was its highest since June 17, while the price of ethereum opened this morning at levels last seen on June 2.
13 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Bitcoin (BTC-USD) opened at $64,720.36 on Thursday, July 16, 2026, down 0.4% from Wednesday's opening price. The value of bitcoin fell to $64,065.98 by 8:26 a.m. ET.
Ethereum (ETH-USD) opened at $1,917.05, up 1.5% from yesterday's opening price. The price of ethereum moved down to $1,877.39 by 8:26 a.m. ET.
The prices of bitcoin and ethereum are having a bit of a shining moment this week, just as gold and silver prices continue to struggle. Since the softer-than-expected CPI report earlier this week, crypto prices have found significant room to rise.
Some investors are growing increasingly confident in a crypto rebound, with ethereum leading the charge. And this isn't the first time ethereum has led bitcoin in a price recovery.
Bitcoin (BTC-USD) opened at $64,720.36 on Thursday, July 16, 2026, down 0.4% from Wednesday's opening price. The value of bitcoin fell to $64,065.98 by 8:26 a.m. ET.
Ethereum (ETH-USD) opened at $1,917.05, up 1.5% from yesterday's opening price. The price of ethereum moved down to $1,877.39 by 8:26 a.m. ET.
The prices of bitcoin and ethereum are having a bit of a shining moment this week, just as gold and silver prices continue to struggle. Since the softer-than-expected CPI report earlier this week, crypto prices have found significant room to rise.
Some investors are growing increasingly confident in a crypto rebound, with ethereum leading the charge. And this isn't the first time ethereum has led bitcoin in a price recovery.
13 days ago
Bitmine Immersion climbed by 11.50 percent on Tuesday to finish at $16.29 apiece after expanding its Ethereum treasury to $10.5 billion, solidifying its stance as the largest holder of the said token in the world.
In a statement on the same day, Bitmine Immersion Technologies Inc. (NYSE:BMNR) said that it boosted its Ethereum holdings to 5.77 million units following the acquisition of 27,801 Ethereum tokens last week.
Ultimately, the acquisition further advances its strategy of positioning itself as a publicly traded vehicle for investors seeking exposure to Ethereum.
Bitmine Immersion Technologies Inc. (NYSE:BMNR) also pointed to the growing adoption of ETH as having boosted its confidence and ownership of the latter following the launch of Robinhood Chain—a Layer 2 network built on Arbitrum that focuses on tokenized real-world ******* ets.
"One of the biggest crypto success stories in 2026 is the breakaway success of the Robinhood Chain L2 mainnet on July 1, built on Arbitrum. Already, dollar volumes have exceeded $1 billion, and Robinhood Chain now has more trading volume than any other decentralized exchange (DEX), demonstrating the outstanding utility and product market fit for Ethereum, which is the underlying chain," said Bitmine Immersion Technologies Inc. (NYSE:BMNR) Chairman Thomas Lee.
In a statement on the same day, Bitmine Immersion Technologies Inc. (NYSE:BMNR) said that it boosted its Ethereum holdings to 5.77 million units following the acquisition of 27,801 Ethereum tokens last week.
Ultimately, the acquisition further advances its strategy of positioning itself as a publicly traded vehicle for investors seeking exposure to Ethereum.
Bitmine Immersion Technologies Inc. (NYSE:BMNR) also pointed to the growing adoption of ETH as having boosted its confidence and ownership of the latter following the launch of Robinhood Chain—a Layer 2 network built on Arbitrum that focuses on tokenized real-world ******* ets.
"One of the biggest crypto success stories in 2026 is the breakaway success of the Robinhood Chain L2 mainnet on July 1, built on Arbitrum. Already, dollar volumes have exceeded $1 billion, and Robinhood Chain now has more trading volume than any other decentralized exchange (DEX), demonstrating the outstanding utility and product market fit for Ethereum, which is the underlying chain," said Bitmine Immersion Technologies Inc. (NYSE:BMNR) Chairman Thomas Lee.
16 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Bitcoin (BTC-USD) opened at $63,745.37 on Monday, July 13, 2026, 0.2% lower than Sunday's opening price. As of 9:30 a.m. ET this morning, the price of bitcoin moved down to $62,555.13.
Ethereum (ETH-USD) opened at $1,805.49 on Monday, July 13, 2026, up 1% from Sunday's opening price. The price of ethereum moved lower this morning to $1,770.99 as of 9:30 a.m. ET.
The prices of bitcoin and ethereum both opened strongly this morning but have since moved lower following a weekend of conflict in the Middle East between the U.S. and Iran.
Ethereum opened at its highest level in over a month this morning, but it's too soon to tell how much of the recent price strengthening will be lost after the latest round of hostilities in the Middle East.
Bitcoin (BTC-USD) opened at $63,745.37 on Monday, July 13, 2026, 0.2% lower than Sunday's opening price. As of 9:30 a.m. ET this morning, the price of bitcoin moved down to $62,555.13.
Ethereum (ETH-USD) opened at $1,805.49 on Monday, July 13, 2026, up 1% from Sunday's opening price. The price of ethereum moved lower this morning to $1,770.99 as of 9:30 a.m. ET.
The prices of bitcoin and ethereum both opened strongly this morning but have since moved lower following a weekend of conflict in the Middle East between the U.S. and Iran.
Ethereum opened at its highest level in over a month this morning, but it's too soon to tell how much of the recent price strengthening will be lost after the latest round of hostilities in the Middle East.
17 days ago
Ethereum (ETH) has gone up by 25% in the past 24 hours and has hit the $1,800 resistance once again — a key level that, if broken, could mark the beginning of the token's next leg up.
The market seems to be ignoring rising geopolitical tensions between the United States and Iran and seems to be much more focused on the latest price action.
President Trump said that the U.S. will resume its negotiations with Iran but will not agree to another ceasefire.
Trading volumes for ETH spiked by 20% today as the token retested the $1,800 level. At $9.3 billion, they account for 4.3% of the ***** et's circulating market cap, implying an active market.
Despite this, our ***** ysis of trading volumes indicates that we are still far from the levels that the market usually trades when momentum, either positive or negative, is accelerating.
The market seems to be ignoring rising geopolitical tensions between the United States and Iran and seems to be much more focused on the latest price action.
President Trump said that the U.S. will resume its negotiations with Iran but will not agree to another ceasefire.
Trading volumes for ETH spiked by 20% today as the token retested the $1,800 level. At $9.3 billion, they account for 4.3% of the ***** et's circulating market cap, implying an active market.
Despite this, our ***** ysis of trading volumes indicates that we are still far from the levels that the market usually trades when momentum, either positive or negative, is accelerating.
20 days ago
U.S. Tiger Securities upgraded Coinbase Global (NASDAQ: COIN) stock.
Coinbase is the largest United States-based cryptocurrency exchange, letting retail and institutional users buy, sell, store, and trade digital ***** ets like Bitcoin (BTC) and Ethereum (ETH).
Beyond exchange services, Coinbase operates Base, an Ethereum layer-2 network, and offers staking, custody, and stablecoin infrastructure through USDC. Its revenue is closely tied to crypto trading volumes, making the stock a direct proxy for broader market sentiment.
As per ***** yst Bo Pei on July 7, the upgrade is directly related to Bitcoin's price action rather than Coinbase-specific catalysts.
The firm believes Bitcoin has likely entered the final quarter of the current bear-market process.
Coinbase is the largest United States-based cryptocurrency exchange, letting retail and institutional users buy, sell, store, and trade digital ***** ets like Bitcoin (BTC) and Ethereum (ETH).
Beyond exchange services, Coinbase operates Base, an Ethereum layer-2 network, and offers staking, custody, and stablecoin infrastructure through USDC. Its revenue is closely tied to crypto trading volumes, making the stock a direct proxy for broader market sentiment.
As per ***** yst Bo Pei on July 7, the upgrade is directly related to Bitcoin's price action rather than Coinbase-specific catalysts.
The firm believes Bitcoin has likely entered the final quarter of the current bear-market process.
20 days ago
Ethereum has spent most of the year losing the price-action battle. AI has sucked oxygen out of the broader risk trade and even Bitcoin has outperformed it despite fears around Strategy finally selling its monumental stash.
But according to Sharplink CEO Joseph Chalom, that is exactly why investors may be missing the bigger story.
In Chalom's view, Ethereum is not waiting for its next era to begin. It has already started. The only thing that has not caught up yet is the price.
"I would go as far as to say that I think we're in a new era of Ethereum," Chalom told Coinage, pointing to the network's 11th anniversary since its first block in July 2015. "We're at the beginning of an institutional supercycle."
It's a bold claim at a moment when ETH is still lagging Bitcoin and investor sentiment around digital ****** et treasury companies has sharply cooled. But Chalom argues the market is looking at the wrong scoreboard. Instead of judging Ethereum solely by daily candles, he says investors should be watching the institutional infrastructure forming around it, the use cases already moving onchain, and the growing realization that the Ethereum Foundation is no longer the only steward of the ecosystem.
But according to Sharplink CEO Joseph Chalom, that is exactly why investors may be missing the bigger story.
In Chalom's view, Ethereum is not waiting for its next era to begin. It has already started. The only thing that has not caught up yet is the price.
"I would go as far as to say that I think we're in a new era of Ethereum," Chalom told Coinage, pointing to the network's 11th anniversary since its first block in July 2015. "We're at the beginning of an institutional supercycle."
It's a bold claim at a moment when ETH is still lagging Bitcoin and investor sentiment around digital ****** et treasury companies has sharply cooled. But Chalom argues the market is looking at the wrong scoreboard. Instead of judging Ethereum solely by daily candles, he says investors should be watching the institutional infrastructure forming around it, the use cases already moving onchain, and the growing realization that the Ethereum Foundation is no longer the only steward of the ecosystem.
25 days ago
Robinhood (HOOD) stock is pushing higher on July 2 as investors cheer the official rollout of Robinhood Chain, an Ethereum Layer-2 blockchain designed for real-world ******* ets. The mainnet launch arrives months after the financial technology company opened a public testnet in February.
Robinhood stock has been a lucrative investment in recent months, currently up a remarkable 77% versus its March low.
Cathie Wood Bets Big on Cerebras and Palantir Stocks After Sharp Pullback
Nasdaq Futures Slip as Chip Stocks Extend Slide, U.S. Jobs Report in Focus
Weakness in Chipmakers Drags Stock Indexes Lower
Robinhood stock has been a lucrative investment in recent months, currently up a remarkable 77% versus its March low.
Cathie Wood Bets Big on Cerebras and Palantir Stocks After Sharp Pullback
Nasdaq Futures Slip as Chip Stocks Extend Slide, U.S. Jobs Report in Focus
Weakness in Chipmakers Drags Stock Indexes Lower
26 days ago
Bitmine Immersion Technologies Inc. (NYSE:BMNR) is one of the 8 Hidden Multibagger Stocks to Buy Now. On June 19, Bitmine Immersion Technologies Inc. (NYSE:BMNR) announced that it has declared a cash dividend of $0.1056 per share for holders of its 9.5% Series A Preferred Stock. The dividend will be paid in cash on July 10, 2026, to shareholders. This announcement reflects the company's commitment to returning capital to its preferred shareholders. BMNR is expanding bitcoin mining into Ethereum treasury operations and staking infrastructure. Moreover, with the volatility and regulatory uncertainty surrounding digital ****** et markets, the company believes it is stable and can manage risk well.
Earlier on June 15, BMNR announced that its combined crypto holdings, cash, marketable securities, and moonshot ****** ets reached $10.4 billion. As the company is shifting towards the Ethereum treasury, it now holds 5.62 million Ethereum worth approximately $9.7 billion. According to Chairman Tom Lee, Bitmine is now 93% of the way toward its goal of acquiring 5% of all Ethereum. He noted that AI systems that operate independently are creating more demand for neutral public blockchains like ETH.
Thomas Lee, Chairman of Bitmine, commented:
"The best years for crypto remain ahead, in our view. Tokenization and the rapid progress in AI are expected to drive exponential demand growth for blockchain and decentralized crypto."
Bitmine Immersion Technologies Inc. (NYSE:BMNR) operates as a blockchain technology company. The company engages in ETH treasury operations. It also offers digital ****** et ecosystem services, including consulting/advisory and disciplined digital ****** et treasury management. The company was incorporated in 2019 and is based in Las Vegas, Nevada.
Earlier on June 15, BMNR announced that its combined crypto holdings, cash, marketable securities, and moonshot ****** ets reached $10.4 billion. As the company is shifting towards the Ethereum treasury, it now holds 5.62 million Ethereum worth approximately $9.7 billion. According to Chairman Tom Lee, Bitmine is now 93% of the way toward its goal of acquiring 5% of all Ethereum. He noted that AI systems that operate independently are creating more demand for neutral public blockchains like ETH.
Thomas Lee, Chairman of Bitmine, commented:
"The best years for crypto remain ahead, in our view. Tokenization and the rapid progress in AI are expected to drive exponential demand growth for blockchain and decentralized crypto."
Bitmine Immersion Technologies Inc. (NYSE:BMNR) operates as a blockchain technology company. The company engages in ETH treasury operations. It also offers digital ****** et ecosystem services, including consulting/advisory and disciplined digital ****** et treasury management. The company was incorporated in 2019 and is based in Las Vegas, Nevada.
26 days ago
President Donald Trump is officially a crypto billionaire, with proceeds from his memecoin and family crypto company accounting for the bulk of his digital **** ets fortune. But the commander-in–chief has also shown an appetite for blockchain-related stocks and more exotic cryptocurrencies, according to a filing from the U.S. Office of Government Ethics released on Tuesday.
Trump's business entities generated more than $635 million in royalty income from his memecoin and almost $600 million through World Liberty Financial—a crypto company he cofounded with his three sons, longtime business **** ociate Steve Witkoff, and Witkoff's two sons. And the president pocketed nearly $197 million through DT Marks SC, a company that owns 38.5% of Stablecoin Holdco, a Miami-based stablecoin venture.
Trump also has exposure to more niche digital **** ets through his crypto businesses. The entity connected to World Liberty Financial received more than $33 million in annual income from Bitcoin and over $150 million from Ethereum over the course of 2025, plus about $1.8 million from staked Ethereum. Through another company named DT Marks Defi, the president also earned more than $5 million across several altcoins, including LINK, AAVE, ENA, MOVE, and ONDO, and over $56 million from the stablecoin USDC. The president's financial disclosure did not clearly specify how these crypto positions generated income. "Neither the president nor his family has ever engaged—or will ever engage—in conflicts of interest," Anna Kelly, a White House spokeswoman, told Fortune in a statement.
A January Wall Street Journal investigation revealed that the Trump family secretly sold a 49% stake in World Liberty Financial to Aryam Investment 1, a company backed by Abu Dhabi royal Sheikh Tahnoon bin Zayed Al Nahyan, who serves as the United Arab Emirates' national security adviser. According to the president's latest financial disclosure, his entities DT Marks Defi and DT Marks SC realized nearly $263 million in net proceeds from the sale.
World Liberty Financial did not immediately respond to a request for comment.
Trump's business entities generated more than $635 million in royalty income from his memecoin and almost $600 million through World Liberty Financial—a crypto company he cofounded with his three sons, longtime business **** ociate Steve Witkoff, and Witkoff's two sons. And the president pocketed nearly $197 million through DT Marks SC, a company that owns 38.5% of Stablecoin Holdco, a Miami-based stablecoin venture.
Trump also has exposure to more niche digital **** ets through his crypto businesses. The entity connected to World Liberty Financial received more than $33 million in annual income from Bitcoin and over $150 million from Ethereum over the course of 2025, plus about $1.8 million from staked Ethereum. Through another company named DT Marks Defi, the president also earned more than $5 million across several altcoins, including LINK, AAVE, ENA, MOVE, and ONDO, and over $56 million from the stablecoin USDC. The president's financial disclosure did not clearly specify how these crypto positions generated income. "Neither the president nor his family has ever engaged—or will ever engage—in conflicts of interest," Anna Kelly, a White House spokeswoman, told Fortune in a statement.
A January Wall Street Journal investigation revealed that the Trump family secretly sold a 49% stake in World Liberty Financial to Aryam Investment 1, a company backed by Abu Dhabi royal Sheikh Tahnoon bin Zayed Al Nahyan, who serves as the United Arab Emirates' national security adviser. According to the president's latest financial disclosure, his entities DT Marks Defi and DT Marks SC realized nearly $263 million in net proceeds from the sale.
World Liberty Financial did not immediately respond to a request for comment.
27 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Bitcoin (BTC-USD) opened at $58,549.86 on Wednesday, July 1, 2026, down 2.6% from Tuesday's open. The price of bitcoin was $58,439.99 as of 8:27 a.m. ET this morning.
Ethereum (ETH-USD) opened at $1,569.74 on Wednesday, July 1, 2026, down 2.5% compared to Tuesday's opening price. Ethereum prices this morning shifted to $1,568.26 as of 8:27 a.m. ET.
It's been tough sledding for bitcoin and ethereum prices in June, and some believe the price trend will only get worse:
David Grider of Finality Capital Partners believes bitcoin hasn't seen a bottom yet.
Bitcoin (BTC-USD) opened at $58,549.86 on Wednesday, July 1, 2026, down 2.6% from Tuesday's open. The price of bitcoin was $58,439.99 as of 8:27 a.m. ET this morning.
Ethereum (ETH-USD) opened at $1,569.74 on Wednesday, July 1, 2026, down 2.5% compared to Tuesday's opening price. Ethereum prices this morning shifted to $1,568.26 as of 8:27 a.m. ET.
It's been tough sledding for bitcoin and ethereum prices in June, and some believe the price trend will only get worse:
David Grider of Finality Capital Partners believes bitcoin hasn't seen a bottom yet.
27 days ago
Dutch prosecutors are trying to force a collapsed crypto platform into bankruptcy to protect tens of thousands of customers locked out of their money.
The Public Prosecution Service asked a court in Rotterdam to declare Knaken Cryptohandel and an affiliated entity, Stichting Knaken Payments, bankrupt, calling the move in "the public interest." Knaken has been offline since early June, leaving an estimated 30,000 customers unable to reach their holdings.
The platform let users swap euros for cryptocurrencies including Bitcoin and Ethereum, as well as trade, and store digital ****** ets, activities that require a license from the Dutch markets regulator, the AFM, under the EU's crypto rules. Knaken never obtained one.
The company says it has halted operations and is winding down, but prosecutors said they are "very concerned" the process isn't orderly. Knaken has stopped paying customers out and has reportedly told them not to file damage claims.
Acting on warnings from the AFM, prosecutors used their civil power to seek a company's bankruptcy in the public interest. If the court agrees, a court-appointed trustee would take over Knaken's ****** ets and decide what can be returned to customers and other creditors. The prosecution service said it plays no part in how a trustee handles that process.
The Public Prosecution Service asked a court in Rotterdam to declare Knaken Cryptohandel and an affiliated entity, Stichting Knaken Payments, bankrupt, calling the move in "the public interest." Knaken has been offline since early June, leaving an estimated 30,000 customers unable to reach their holdings.
The platform let users swap euros for cryptocurrencies including Bitcoin and Ethereum, as well as trade, and store digital ****** ets, activities that require a license from the Dutch markets regulator, the AFM, under the EU's crypto rules. Knaken never obtained one.
The company says it has halted operations and is winding down, but prosecutors said they are "very concerned" the process isn't orderly. Knaken has stopped paying customers out and has reportedly told them not to file damage claims.
Acting on warnings from the AFM, prosecutors used their civil power to seek a company's bankruptcy in the public interest. If the court agrees, a court-appointed trustee would take over Knaken's ****** ets and decide what can be returned to customers and other creditors. The prosecution service said it plays no part in how a trustee handles that process.