Brenda Kanana

6 days ago | blockchainreporter.net | Brenda Kanana

Polymarket now gives Cardano a 79% chance of ETF approval, backed by Bloomberg analysts’ 90% estimate. BlackRock’s Bitcoin ETF success is fueling demand for altcoin ETFs like ADA. Cardano’s price is near oversold levels and could rally if ETF momentum continues and technical support holds. Polymarket traders have raised the odds of a spot Cardano (ADA) ETF approval to 79%, marking the highest probability ever recorded for the asset on the platform.

1 week ago | blockchainreporter.net | Brenda Kanana

Ethereum exchange-traded funds (ETFs) showed mixed activity from June 2 to June 20, 2025, confirming different investor sentiment toward Ethereum exposure. Data from multiple ETFs issued by major financial firms shows strong inflows into BlackRock’s ETHA and Fidelity’s FETH funds, contrasted by major outflows from Grayscale’s ETHE product. BlackRock’s ETHA fund attracted the largest net inflows during the period. Accumulating a total of 5,283.8 units, the fund averaged daily inflows of 23.1 units.

1 week ago | blockchainreporter.net | Brenda Kanana

Whale moves $70M in staked ETH, ETH, and USDC, signaling major DeFi liquidity shifts. Large STETH transfers from minting address indicate active staking and unstaking operations. Coordinated USDC and AETHUS flows suggest cross-protocol asset management strategies. According to recent blockchain data, a large Ethereum whale has transferred more than $70 million worth of staking-related tokens and stablecoins, highlighting big liquidity movements in the decentralized finance (DeFi) space.

1 week ago | blockchainreporter.net | Brenda Kanana

Kraken moves its headquarters to Cheyenne, Wyoming, because of the pro-crypto rules. Wyoming has passed more than 30 crypto-specific legislations, developing an attractive business environment for the digital asset space. The state plans to launch its own stablecoin, the Wyoming Stable Token (WST), boosting its crypto economy. Kraken, one of the biggest cryptocurrency exchanges in the United States, has officially moved its headquarters out of San Francisco to Cheyenne, Wyoming.

1 week ago | blockchainreporter.net | Brenda Kanana

Sei rallied 35% in 3 days of being shortlisted on Wyoming as one of the pilot programs of state-backed stablecoins. The token is coming out of a long-term wedge pattern where strong technical indicators backed the rally. Analysts see more upside as trading liquidity doubles and investor sentiment strengthens. Sei (SEI) has seen a sudden uptick in prices this week as it was chosen as one of the finalists in the Wyoming Stable Token (WYST) pilot program.