Strategy’s co-founder, Michael Saylor, has again displayed his company’s Bitcoin portfolio tracker, highlighting the current value of its BTC holdings. This comes amid plans to raise up to $2.5 billion through a stock offering for more BTC purchases. Michael Saylor Showcases Strategy’s Bitcoin Holdings In an X post, Michael Saylor shared an image of the…
Bitcoin (BTC) may be gearing up for its next parabolic move, possibly toward $130,000, if an analyst is correctly reading a multi-pronged surge in technical, macroeconomic, and geopolitical signals. According to pseudonymous trader Doctor Profit, after months of struggling beneath a critical long-term resistance, the flagship cryptocurrency has finally broken above a trendline dating back…
TL;DR Avalanche DeFi TVL rose to $1.5 billion, driven by faster speeds and lower fees following the upgrade. Daily AVAX activity surged, with 519K users and 10M transactions recorded across chains. AVAX is testing a multi-year trendline, with a potential breakout targeting $140 next. DeFi Activity Rises After Network Upgrade Avalanche’s DeFi ecosystem has grown…
The SEC is delaying several ETF applications today, including Truth Social’s Bitcoin ETF. Other products in the queue include Grayscale’s Solana ETF and Canary Capital’s Litecoin fund. Additionally, VanEck’s AVAX ETF faces another deadline, but further setbacks seem likely. The Commission appears sympathetic to creating these new products, but is trying to buy as much…
Dogecoin (DOGE) has suffered a double-digit price decline over the past week. This comes as investors race to offload holdings and lock in gains from its recent rally. After climbing to a multi-month high this month, the meme coin now faces significant sell-side pressure that has intensified across major exchanges. DOGE’s Rally in Jeopardy as…
Global payments giant PayPal has launched a payment method that allows U.S. merchants to transact in more than 100 cryptocurrencies through some of the largest crypto wallets, with fees reduced by up to 90%, PayPal claims. According to the press release, Pay with Crypto will become available to U.S. merchants “in the coming weeks.” The…
Binance Coin (BNB) has surpassed athletic giant Nike’s market capitalization after reaching a new all-time high of $861.2 per token. Based on Companies Market Cap data, Nike maintains a $112 billion valuation, while BNB has achieved a valuation of $119 billion in the early morning hours of July 28. BREAKING : BNB overtakes Nike in…
$AVAX grew 8% to $27 in a volatile 24-hour rally, only to stall at key resistance as $1B in trading volume indicated a brewing battle between bulls and bears. The Avalanche token is now teetering at a key juncture, with overbought signs threatening its push toward $30. This rally comes as Avalanche’s ecosystem expands with…
Bitcoin continues to consolidate between $115,000 and $120,000, with bulls maintaining control despite the lack of a breakout above $123,000. What stands out in this range-bound structure is the clear demand concentration around $117,000. According to Glassnode’s BTC Cost Basis Distribution Heatmap, this level has consistently attracted buying interest, acting as a key area where…
Chainalysis has identified the cryptocurrency payments infrastructure of one of the largest child sexual abuse material (CSAM) website operating on the darkweb. This site has received over $530,000 in crypto payments funneled through more than 5,800 addresses since July 2022, surpassing the scale of the notorious 2017 “Welcome to Video” case previously covered here. A…