The cryptocurrency market grew by 13.3% in July, driven mainly by bitcoin (BTC) hitting several price highs throughout the month. The rally attracted increased institutional interest in Bitcoin, Ethereum, and major altcoins, supported by more companies integrating digital assets into their corporate treasuries. According to a monthly report by Binance, the world’s largest crypto exchange,…
World Liberty Financial, the Trump family-linked crypto project, is reportedly engaging major investors to form a public company to hold its WLFI tokens. The proposal aims to place WLFI on a corporate balance sheet and contribute to the rising trend of digital-asset treasury companies in the US. World Liberty Pitch: From Token Sales To Public…
In an interesting turn of events, Federal Reserve Governor and prominent stablecoins advocate Chris Waller has emerged as the frontrunner to become the next Fed Chairman. This development comes amid a monetary policy battle between US President Donald Trump and current Fed Chairman Jerome Powell. Trump’s Fed Chair Candidate? Over the past few months, Trump…
Solana Pushes to $200 as BIT Mining Plans $300M $SOL Treasury, Fueling Projects Like Snorter Token ($SNORT) $SOL is in full chart boom, pushing to $200 as BIT Mining takes steps to kickstart its $300M $SOL treasury. The Chinese company announced its plans to set up a $300M $SOL treasury on July 10, pivoting away…
Bitcoin’s price gained a few grand over the past days but was stopped ahead of $118,000 and now stands around $117,000. Many altcoins have significantly outperformed the market leader, which has reduced its dominance by 2% to 58%. BTC Dominance Drops August started on the wrong foot for bitcoin, which started to lose value rapidly…
TL;DR Ripple’s cross-border token has joined the altcoin pack by marking substantial gains over the past few days, now trading close to its previous all-time high. One indicator suggests that the asset could experience another massive double or even triple-digit rally, given its historical performance. MVRV Golden Cross It was just a week or so…
TL;DR After digging a new low after a new low for a few consecutive days, Pi Network’s native token has finally bounced off with an impressive double-digit price rally. The question now arises whether the correction has finally ended or that’s just a typical dead cat bounce. PI Token Price. Source: CoinGecko It’s safe to…
The cryptocurrency space is a compelling industry that tends to prove many doubters wrong, even veterans and seasoned participants such as BitMEX’s co-founder, Arthur Hayes. As reported last week, the current Maelstrom exec sold a big portion of his portfolio as he envisioned a more profound market-wide correction was in the making. At the time,…
TL;DR Many cryptocurrencies managed to break their respective all-time highs during the ongoing cycle, including several of the largest ones. Ethereum is among the few that are yet to achieve such an incredible feat, but it has closed down the gap to its 2021 ATH. ETHUSD. Source: TradingView Is it Time? The 4-hour graph above…
Ethereum, often called digital silver, has just smashed through the $4,000 level and is now cruising toward – and potentially beyond – its all-time high of $4,867.95 set in November 2021. $ETH’s surge has captured the market’s full attention, as such moves have historically preceded or coincided with full-blown altcoin seasons. Notably, Glassnode co-founders Jan…