CoinDCX CEO Sumit Gupta has refuted rumors of a potential $900 million purchase of the platform by Coinbase. The development follows a $44 million crypto hack that affected the Indian exchange two weeks ago. $900M Coinbase Deal On Monday, an Indian news outlet reported that Coinbase was in “advanced discussions” to acquire CoinDCX. Citing two…
Twenty One Capital is planning to go public soon, and Tether gave it a fresh influx of 5,800 bitcoins. This brings its total holdings to over 43,500 BTC, making the firm one of the largest corporate Bitcoin treasuries. The company also plans to introduce a new “Bitcoin Per Share” (BPS) metric to track Bitcoin-denominated performance…
Since reaching an all-time high of $0.19 on July 23, SPK has seen its price plunge by 50% amid intense profit-taking activity. The sharp downturn comes as bullish sentiment around the token continues to weaken, raising the possibility of further losses in the near term. SPK Whales Retreat, Bears Take Over On-chain data from Nansen…
XRP is trading at $3.09, with volume declining 13.36% to $6.66 billion. Bloomberg analysts have upgraded ETF approval odds to 95%, while technical indicators show mixed consolidation signs at key EMA resistance levels. This positions XRP for a potential breakout toward $3.50 or a deeper correction toward $2.88 support. The following analysis synthesizes ChatGPT’s 28…
Market expert Mark Moss has drawn the crypto community’s attention to an indicator that has perfectly nailed Bitcoin cycle tops. Based on this indicator, the expert revealed that the cycle top is unlikely to happen this year, as other analysts may have predicted. Pi Cycle Top Indicator Reveals Next Bitcoin Cycle Top In an X…
Billionaire Bill Miller IV says proof‑of‑stake blockchains such as Ethereum and Solana are unlikely to “win at the end of the day,” arguing that Bitcoin’s proof‑of‑work design confers a durability other networks can’t match. In a July 28 interview with CNBC’s “Closing Bell,” the billionaire investor said recent US policy moves may give proof‑of‑stake assets…
RAKBANK (National Bank of Ras Al Khaimah), one of the UAE’s leading commercial banks, has announced plans to launch a new crypto brokerage service—shocking the industry and signaling a major step forward in the integration of traditional finance (TradFi) with the digital asset space. This bold move positions RAKBANK alongside a growing list of institutions…
Arizona man Vincent Anthony Mazzotta Jr. pleaded guilty to money laundering and conspiracy to obstruct justice on Monday for his role in orchestrating a $13 million crypto Ponzi scheme, a new press release from the Department of Justice (DOJ) states. Arizona man pleads guilty to money laundering charges related to Ponzi scheme that resulted in…
On-chain data shows old XRP tokens have been moving back into circulation recently, a potential sign that long-term holders have been taking profits. XRP Mean Dollar Invested Age Has Seen A Drop Recently According to data from the on-chain analytics firm Santiment, the XRP network has seen signs of movement from veteran hands. Two key…
A new report by Standard Chartered identifies publicly traded Ethereum (ETH) treasury companies as a distinct and rapidly evolving asset class, separate from exchange-traded funds (ETFs) and traditional crypto investment vehicles. According to the report, these firms are not holding ETH for speculative purposes. Instead, they are positioning their balance sheets around staking yields, DeFi…