According to reports, BitMine Chairman Tom Lee said that Strategy’s bet on Bitcoin could one day push it to the very top of the stock market. He pointed to the company’s massive crypto holdings as the key driver of its value. Lee noted that, like oil companies of old, Strategy’s market value comes more from…
The crypto market’s flashing green again, and not just on your watch list. Most of the top ten tokens on CoinMarketCap have posted solid daily gains, with $BTC pushing above $116K, $ETH climbing past $3.8K, and $SOL jumping over 5% in the past 24 hours. Even the Fear & Greed Index is creeping towards ‘Greed’…
“When Larry Fink says all stocks, bonds, and real estate can be tokenized, believe him,” said crypto asset manager Bitwise on Wednesday. The comment in reference to the BlackRock boss came alongside a chart showing that real-world asset (RWA) onchain value had surged to an all-time high of just under $25 billion. More recent data…
TL;DR Pi Network has integrated TransFi as a KYB-verified fiat on-ramp provider, allowing users in over 70 countries to buy and convert PI tokens using local payment methods. Recently, the team extended the .pi domain auction until the end of September, enabling Pioneers to personalize their wallets. More Options for PI Traders Pi News –…
TL;DR Around 120,000 BTC were bought during the recovery from $112K to $114K, showing buyer interest. Long-term holders locked in $44 million profit during the price bounce, signaling cautious selling. US liquidity growth and rate cut expectations may support altcoins if current trends continue. Buyers Enter Near 112K Roughly 120,000 BTC were bought as Bitcoin…
Binance, the largest cryptocurrency exchange, has released its 33rd Proof of Reserves report. It highlights a significant divergence in the customer’s holdings of Bitcoin (BTC) and Ethereum (ETH). According to the report, users’ net Bitcoin balances increased in July. In contrast, Ethereum holdings on the exchange saw a notable decline. Ethereum on the Decline, Bitcoin…
Stellar’s XLM looks poised for a bullish breakout this month, with technical indicators flashing green. The altcoin has formed a classic bull flag pattern on the daily chart, a trend often preceding an extended upward move. If the setup holds, XLM could be on track for a move toward the $0.67 mark. XLM Prepares for…
Expectations that the US Federal Reserve (Fed) will cut interest rates in September have been rising recently. While most forecasts interpret this as a positive sign for the stock and crypto markets, history tells a different story. Historically, Fed rate cuts often signal the beginning of economic recessions—a trend observed over multiple decades. A Fed…
The stablecoin sector achieved another milestone in July, with total market capitalization reaching a new all-time high of $261B, representing a 4.87% monthly increase. This achievement extends an unprecedented twenty-two consecutive months of growth for the stablecoin market. $1.60T Trading Volume Powers July’s Stablecoin Market Growth According to the latest Stablecoins & CBDCs Report from…
Cosmos Health Inc, a diversified global healthcare group, has secured up to $300 million in financing to launch an Ethereum treasury reserve strategy. According to an official press release, the healthcare company entered into a securities purchase agreement with a U.S.-based institutional investor for senior secured convertible promissory notes, marking its entry into corporate cryptocurrency…