The Crypto Council for Innovation (CCI) has tapped its chief legal and policy officer, Ji Hun Kim, to lead the organization as CEO, a new press release from the leading digital asset trade group reveals. Ji Hun Kim Named Crypto Council CEO According to the July 24 press release, Kim—who previously served as a senior…
Bitcoin has remained trapped in a tight range between $115K and $120K for the past 10 days, signaling an extended phase of price compression. With bulls unable to push the price above the $120,000 resistance, analysts are increasingly warning that a correction may be imminent. The coming days are expected to be decisive, as both…
The TON Foundation and Kingsway Capital Partners are seeking to raise at least $400 million for a crypto treasury company that would hold Toncoin, according to a Bloomberg News report citing people familiar with the matter. The planned vehicle would use a private investment in public equity (PIPE) structure, in which a publicly traded company…
Ethereum is gaining momentum against Bitcoin, with the ETH/BTC ratio jumping over 40% in the past month, from roughly 0.022 on June 23 to about 0.031, according to data from CryptoRank. This growth is due to increased institutional activity and robust inflows into Ethereum-focused exchange-traded funds (ETFs). Notably, Ethereum ETFs have attracted $4.4 billion in…
Strategy intends to expand its new preferred equity offering to $2 billion from $500 million, Bloomberg News reported on July 24. The upsized deal comes as the Michael Saylor-led firm leans further into purchasing additional Bitcoin (BTC) amid a powerful, ETF-driven market rally to new all-time highs. The company has created multiple share classes to…
A speculative thread led by Bitcoin Magazine CEO David Bailey on July 23 ignited a fresh dispute between Bitcoin advocates and Ethereum supporters over how the proof‑of‑stake (PoS) security model might interact with traditional capital markets. The exchange unfolded against a backdrop of publicly listed Ethereum treasury companies steadily accumulating and staking Ether—an emerging trend….
TL;DR Toncoin holds the key $2.87 level, setting sights on $5.30 if support continues to attract buyers. RSI and MFI readings suggest overbought conditions as traders watch for a possible short-term pullback. Telegram’s TON Wallet rollout in the US could expand adoption, reaching 87 million users instantly. Price Maintains Critical Support Range Toncoin (TON) continues…
Defunct crypto exchange FTX has announced that it will start distributing the next batch of creditor claims on September 30. This is after the bankruptcy court granted permission for it to reduce its disputed claims by $1.9 billion. Disputed Claims Reserve Slashed by $1.9B In a July 23 press release, FTX revealed that the next…
Pudgy Penguins (PENGU), a Solana-based meme coin, has been the only top-10 Solana meme asset to stay in profit over the past week. But recent data suggests the party might be winding down. The token posted a 31% gain over seven days, yet has dropped around 11% in the last 24 hours. Meanwhile, exchange flows,…
Bitcoin’s (BTC) market influence has declined slightly, resulting in a shift of funds towards altcoins. Glassnode reported on X that Bitcoin’s market capitalization dominance fell from 63.76% to 60.78% over the past week. This 2.98% point drop marks one of the largest weekly declines this year. #Bitcoin dominance fell from 63.76% to 60.78% over the…