Bitcoin is undergoing a sharp correction after losing the $115K support level, triggering a wave of uncertainty across the market. Following weeks of consolidation in a tight range, BTC has broken down, fueling debates among analysts about the asset’s short-term direction. Some experts warn that Bitcoin could face further declines as investors take profits and…
Tether CEO Paolo Ardoino has revealed that USDT accounts for 40% of all on-chain transaction fees across nine major blockchains, including Ethereum, Tron, and Solana. This dominance isn’t unexpected as stablecoins are increasingly seen as crypto’s “ChatGPT moment,” a breakthrough that makes digital value transfer faster, cheaper, and accessible across borders. Tether’s USDT Percentage of…
The US Securities and Exchange Commission’s (SEC) Division of Corporation Finance issued new staff guidance stating that liquid staking does not automatically constitute a securities offering. According to an Aug. 5 statement, neither the liquid staking activities nor the associated staking receipt tokens (SRTs) constitute offers or sales of securities that require registration. The statement…
Bitcoin is trading at a pivotal level after losing key support zones, triggering concerns among investors about a potential deeper correction. After spending over two weeks consolidating in a tight range, BTC broke down sharply, reaching lows around $112,000. This sudden drop has shaken market sentiment, with some analysts warning of further downside if demand…
The EUR/USD pair bottomed at 1.1391 on the first day of August, its lowest in over a month. The US Dollar (USD) found legs regardless of the market sentiment, maintaining its positive momentum throughout quite a busy week. However, USD finally gave up on Friday after dismal United States (US) data. The pair finally settled…
Investor interest is ramping up as speculation grows around two altcoins potentially landing on Coinbase this August. With these listings historically acting as a catalyst for sharp price movements, traders are positioning early in hopes of capitalizing on what’s often called the “Coinbase effect.” MAMO Base Network-based MAMO is one of the altcoins that leading…
The U.S. Securities and Exchange Commission’s Division of Corporation Finance published a detailed statement on Tuesday clarifying its views on “liquid staking,” a type of crypto protocol staking where users receive newly minted tokens representing staked assets. In a statement, the SEC said the guidance seeks to help crypto participants understand whether these arrangements fall…
Litecoin ($LTC)has climbed 3% to $122 as ETF speculation and DeFi adoption fueled bullish momentum. With $1B in daily trading volume, the payments-focused cryptocurrency is testing key resistance levels while institutional interest grows. As one of the most widely used payment cryptocurrencies, Litecoin’s fundamentals continue to strengthen even as price action turns volatile. Source: CoinGecko…
Talk of an altcoin season is intensifying as traders search for signs beyond Bitcoin. With the Altcoin Season Index holding below 40, the market is not yet in full rotation. Still, Shiba Inu, Dogecoin, and Cardano are showing that selective flows can define this stage of the cycle. Shiba Inu: Ecosystem Resilience in a Cooling…
Mantle’s $MNT token jumped 15.6% to $0.91 as traders piled into the Layer-2 network amid surging DeFi activity. While the asset’s technical indicators show the move may be overheating, the broader picture reveals a network gaining serious traction. With major upgrades rolling out and key partnerships forming, Mantle appears to be hitting its stride at…