The US GENIUS Act helped drive the overall transaction volume of stablecoins in July, according to a report by Sentora Research. The surge in onchain activity pushed stablecoin transactions to $1.5T, which marked a new all-time high for the sector. The total transaction volume went up 19% compared to the previous month. The new legislation…
The former gaming firm announced on Tuesday that it now holds 521,939 ETH worth close to $1.9 billion at current market value. Joe Lubin’s Ether treasury firm acquired 83,561 ETH for $264.5 million at an average price of $3,634 between July 28 and August 3. SharpLink stated that its ETH-per-share is now 3.66, up from…
Many experts have predicted the return of a long-awaited altcoin season. A declining share of Bitcoin dominance and sporadic outperformance in select altcoins have pointed to a subtle rotation into smaller, higher-risk assets, amidst growing appetite for the market. A recent report, however, casts doubt on the sustainability of an altcoin rally. Altcoin Rally Lacks…
TL;DR Dogecoin liquidation cluster forms near $0.208, creating a key price target for upcoming market moves. Weekly ascending broadening wedge suggests the next swing could reach $1.40 if support continues to hold. An inverse head and shoulders pattern on the hourly chart signals short-term upside toward $0.214 target. Price Action and Market Performance Dogecoin (DOGE)…
US Securities and Exchange Commission (SEC) Commissioner Hester Peirce has called for the protection of crypto privacy rights and open-source development ahead of the crucial verdict of the Tornado Cash co-founder’s trial. In Defense Of Crypto Privacy, Developers On Monday, SEC Commissioner Hester Peirce defended the crypto privacy sector, affirming that US authorities should welcome…
TL;DR SHIB breaks out of long-term channel as analysts target $0.000025 amid bullish market setup. The holder base remains stable at 1.41 million addresses, signaling steady network activity during consolidation. Fifth anniversary sparks community focus as traders watch for next move. Price Action and Market Performance Shiba Inu (SHIB) was trading at $0.000012 at press…
US President Donald Trump is moving ahead with a plan to target banks that cut off customers over politics or crypto. His team is expected to issue an executive order within days. According to a report from The Independent, the order will push regulators to dig into possible breaches of the Equal Credit Opportunity Act,…
Reports have disclosed that Shin Jin-wook, the chief executive of South Korean crypto exchange Bitsonic, has been handed a second prison term for a fresh fraud charge. Based in Daegu, Shin was found guilty of manipulating trading data and misleading customers. He is already serving a seven-year sentence for misappropriating ₩10 billion (about $7.5 million)…
The US Commodity Futures Trading Commission (CFTC) has launched an initiative to allow spot crypto trading on exchanges registered under it. CFTC Kicks Off Crypto Sprint With Spot Trading Initiative In a new press release, CFTC acting chairman Caroline D. Pham has announced an initiative aimed at enabling trading of spot crypto contracts listed on…
The blockchain abstraction layer continues to close the gap between traditional and DLT markets. This latest feature will bring tokenized US equities and ETFs to the blockchain, making access to these assets easier and available around the clock. Advancing The Tokenization Market Chainlink, a bridge between real-world data and blockchain, shared yesterday about a flagship…