The broader crypto market has dropped over 5% this week, but the Real World Asset (RWA) sector is showing signs of resilience. While most altcoins struggle, the RWA market cap remains relatively stable at around $49.8 billion, indicating steady interest despite broader market weakness. Amid this backdrop, a few RWA tokens have not only held…
Bitwise Chief Investment Officer Matt Hougan says the long-observed four-year crypto cycle may no longer apply to the current market. In a recent discussion with Bitcoin advocate Kyle Chassé and Bloomberg ETF analyst James Seyffart, Hougan argued that the historical pattern is breaking down, and a longer, more sustained growth phase could be on the…
DigitalX Limited, an Australian digital Investment manager, has made headlines with a new Bitcoin (BTC) acquisition, signaling renewed institutional confidence in the market. The ASX-listed crypto fund manager has expanded its Bitcoin treasury by a whopping 74.7 BTC, marking a significant addition to its already existing holdings. DigitalX Buys 74.7 BTC In a recent X…
PENGU has climbed 151% in July, a rally driven by accumulation from public figures and whales, community momentum, viral marketing, and expanding liquidity. The token is currently trading at $0.036955, with a 1.6% daily correction as of press time. Nicolai Søndergaard, a research analyst at Nansen, stated that public figures have accumulated over the past…
XRP’s potential role as the world’s leading bridge currency is now in the spotlight following remarks from a prominent European venture capitalist. Oliver Michel, Chief Executive Officer (CEO) of Germany-based Tokentus Investment AG, has expressed strong confidence in the ability of crypto payment company, Ripple, to underpin the global financial system as central banks race…
The crypto market changed its tone midway through the week from bullish to bearish, creating concern for the investors. Since the weekend is known for being a high volatility period, some altcoins could be moving in an unprecedented manner. Thus, BeInCrypto has highlighted three such tokens that the investors should watch for the better and…
Venture capital firm Dragonfly said Friday that the U.S. government is weighing potential charges over its 2020 investment in PepperSec, the developer of Tornado Cash, marking a rare instance where federal prosecutors may target a venture investor for backing a crypto project. In a detailed statement, Dragonfly managing partner Haseeb Qureshi called the prospect of…
TL;DR Dogecoin needs to reclaim $0.26 to confirm a double bottom and aim for a $0.46 breakout. Large holders added 310 million DOGE, signaling steady demand after a brief profit-taking dip. Trading activity slows, with volume down 32% as the market watches for the next breakout signal. DOGE Nears Key Reversal Zone Dogecoin (DOGE) was…
CryptoQuant CEO Ki Young Ju has declared that the long-standing Bitcoin (BTC) cycle theory is “dead,” and has issued a public apology for his earlier bearish predictions. Ju, once a proponent of cycle-based forecasting, where he advocated buying when whales accumulate and selling when retail floods in, acknowledged that “the pattern no longer holds” amid…
Roman Storm’s landmark trial is still ongoing, and federal prosecutors admitted that they’re considering charges against employees at Dragonfly Capital, a VC that backed Tornado Cash. The presiding Judge sealed a statement describing the specific employees in question. However, the possible charges wouldn’t be directed at Dragonfly or the entire firm. General Partner Tom Schmidt…