TL;DR Cardano’s community overwhelmingly approved multi-million-dollar funding to support the further progress of the blockchain protocol. Despite the news, ADA’s price remains in the red on a weekly scale, while analysts remain split on its future trajectory. The Community Said ‘Yes’ Input Output Global, the core development team behind the Cardano blockchain, has been approved…
Crypto tokens worth $535.46 million will enter the market over the next seven days. Notably, three major ecosystems, Ethena (ENA), Immutable (IMX), and Movement (MOVE), will release significant new token supply into circulation in the first week of August. The token unlocks will inject fresh liquidity into the market and can also trigger price swings…
Several companies have continued building altcoin treasuries this week, particularly focusing on Solana and Ethereum. Both these tokens are seeing intensified corporate interest as the market diversifies. GameSquare spent $10 million on ETH today after revealing $200 million in holdings over the weekend, while Bitmine stockpiled over $2.9 billion worth. Meanwhile, SOL is also becoming…
BitMine Immersion Technologies said it is positioning itself as the largest holder of ETH among corporate treasuries, accumulating 833,137 ETH valued at over $2.9 billion as of August 3. 1/It has been 1-month since BitMine launched ETH Treasury strategy. 2 milestones announced today:– BMNR now owns 833,137 ETH valued at $2.95 billion– Bill Miller III…
XRP (XRP) has dropped nearly 8% over the past 7 days, as the broader crypto market cools off from its July highs in what many see as a healthy correction. But does the recent price action support a bullish or bearish XRP price prediction? Trading volume has declined by 25% in the past 24 hours,…
PEPE’s explosive rally may be losing steam, as crypto billionaire Arthur Hayes has reportedly offloaded his holdings — casting a bearish shadow over the current PEPE price prediction. The meme coin has now fallen 32% since its mid-July peak, and with long-term holders starting to hedge, this downturn is beginning to look more like a…
Bitcoin is trading just above the $112,000 level after breaking down from a consolidation range that held for over two weeks. The sharp decline sparked concerns among investors, particularly among Short-Term Holders (STH), who now face the difficult choice of realizing losses or holding underwater positions. However, top analyst Darkfost shared key insights suggesting that…
South Korea’s top banks are moving fast into crypto and stablecoins. They’re not waiting around. Shinhan, Woori, KEB Hana and KB Kookmin have all set up in-house teams to build custody services, digital wallets and even their own coins. Banks Set Up Crypto Task Forces According to reports, Woori Bank created a Digital Asset Team…
A newcomer to the DeFi lending space was targeted, and a weakness was exploited, resulting in the loss of millions. This is yet another addition to the already substantial amount of crypto losses for the current year. Another Day, Another Loss The on-chain security and data analytics company Peckshield stated earlier today on X that the money…
TL;DR Bitcoin hovers near $115K, with resistance at $114.8K-$116.8K crucial for new all-time highs. Weekend dip to $111,965 triggered $670 million futures losses, mostly from long positions. Analysts warn a rejection could see Bitcoin retest the $110K-$112K accumulation support zone. Mining difficulty hits 127.6 trillion; historical August patterns suggest potential volatility ahead. Price Movement and…