Latest news in the crypto market

1. #Bitcoin and #Ethereum — Rise and Fall

  • Bitcoin ($BTC ) has resumed strong increases after reaching a new record level above $124,000, supported by strong institutional demand and reports about the amount of government reserves.

  • At the same time, Ethereum ($ETH ) witnessed record flows through ETFs, exceeding $3 billion in August alone, outperforming Bitcoin flows.

  • 2. Investors are turning to alternatives (Altcoins)

  • Bitcoin audiences have shifted towards some alternative cryptocurrencies (altcoins), amid further volatility and the emergence of new investment opportunities.

  • Additionally, recent reports indicate a general decline in Bitcoin and a movement of capital towards the digital currency Render Token (RNDR) and #solona , with expectations of a return of momentum driven by delays in ETF approvals.

3. Regulation and global laws are continuously evolving

  • The U.S. Federal Reserve (Fed) announced the cancellation of a special program to monitor the activities of banking institutions in crypto and integrate them into general regulatory frameworks, reflecting progress in understanding sector risks and adopting a more fluid approach to oversight.

4. Companies expanding towards IPOs

  • The financial market has seen a surge in crypto-related IPOs, most notably the official IPO filing by Gemini in the United States, highlighting market confidence and a positive regulatory environment.

  • In a similar context, a company backed by Trump's sons announced plans to purchase and build massive Bitcoin reserves in Asia, as part of a strategy resembling the 'Treasury Crypto Companies' model.

5. Unconventional financial supporter

  • The healthcare company KindlyMD announced a $200 million financing in the form of an interest-free convertible loan to increase its Bitcoin reserves, in a rare move showing the trend of non-financial institutions toward crypto.

  • A general analysis of the current landscape

  • Institutional momentum is rising: large inflows into ETFs and IPOs reflect increasing institutional confidence in the crypto market.


  • More favorable regulations: Steps like integrating crypto oversight into the general banking system indicate a maturing regulatory environment.

  • Investment diversification: Investors are turning to alternative currencies, leveraging Bitcoin and Ethereum rallies to inject liquidity into other projects.

  • Adopted unconventional strategies: From buying Bitcoin-rich companies to investing through healthcare firms, all indicate a change in the rules.