Digital asset investment firm Arca divested its holdings in Circle after its CIO, Jeff Dorman, voiced strong dissatisfaction with the allocation received during Circle’s recent IPO. This news raises questions about market sentiment and the future of USDC.
Tag: Altcoin
TRUMP Memecoin Stalls Despite Eric Trump’s WLF Acquisition Announcement: What’s Next?
Eric Trump’s announcement of World Liberty Financial’s planned acquisition of a substantial amount of TRUMP memecoin failed to trigger a significant price surge, raising questions about market sentiment and future prospects.
Spot Ether ETFs See $837.5M Inflows in 15-Day Streak: What’s Driving the Demand?
Spot Ether ETFs have recorded a third consecutive week of inflows, accumulating $837.5 million in just 15 days. Here’s why this trend matters for the Ethereum market and what investors should watch.
Trump’s Memecoin: A Political Barometer or Just Another Pump and Dump?
Donald Trump acknowledges his memecoin as a sentiment gauge, but a massive $520 million unlock looms. Is it a reliable indicator of his political standing?
NFT Artist’s $3 Million Crypto Dream Turns into Tax Nightmare: A Cautionary Tale
Musician Jonathan Mann earned $3 million selling his music as NFTs, only to face a harsh reality of crypto market crashes and a hefty tax bill. Here’s a breakdown of the story and its implications.