The crypto market cap continued its upward trajectory this weekend, with the charts painted in green. The market cap hit $4 trillion during early Asian trading hours today, up 1.54% over the past 24 hours. As major cryptocurrencies approach their all-time highs, crypto whales are making significant moves in the market. The largest of these…
Vitalik Buterin’s Ethereum holdings have surpassed $1 billion. The milestone arrives as over-the-counter ETH liquidity appears tight, drawing fresh scrutiny. As a result, large traders and institutions are competing for supply and revisiting Ethereum’s standing against Bitcoin. On-chain dashboards and industry reports back the claims on both fronts. Moreover, prominent blockchain explorers offer open visibility…
Ethereum reached new local all-time highs in both Japan and South Korea on Sunday. The reason is likely to be the rising domestic demand rather than currency effects. By Monday morning, ETH is trading slightly off the intraday high but still well above recent averages. Japanese Yen, Korean Won Denominated Prices Soar On August 10,…
Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment. Monday’s edition is last week’s wrap-up and this week’s forecast, brought to you by Paul Kim. Grab a green tea and watch this space. With the US employment situation deteriorating dramatically, the conflict between the Trump…
An Ethereum developer going by the pseudonym “Fede’s Intern” has reportedly been detained in Izmir, Turkey. The incident, which unfolded over the weekend, sparked widespread concern, especially as details remain scarce and the accusations unclear. Ethereum Dev Held in Turkey Over Mysterious ‘Misuse’ Claims According to posts on X (formerly Twitter), Fede’s Intern stated that…
Digital art superstar Beeple pulled off a controversial stunt, stirring mixed emotions within the NFT (non-fungible token) market. After quelling the hype around Ethereum’s NFT Torch weeks ago, Beeple’s move exacerbates the hype in the digital collectibles sector. Beeple Pulls the Most Controversial NFT Move of the Year The event at Beeple Studios in Charleston,…
XRP price was at the cusp of a breakout after a multi-day climb, but the potential rally was cut short with FUD (Fear, Uncertainty, and Doubt), following a massive unlock. Ripple executives attempted to assuage the situation, but clarifications have been insufficient to salvage the XRP price amid weekend volatility. Ripple Unlocks 1 Billion XRP:…
Ethena’s synthetic dollar, USDe, has hit a $10 billion market cap in just 500 days. The move cements its position as one of the fastest-growing stablecoins in crypto history. However, there remains skepticism about USDe, with some analysts suggesting it may be the UST of this cycle. Ethena and USDe Stablecoin’s $10 Billion Milestone Sets…
On Saturday, the PI Network token closed above the upper boundary of its horizontal channel, signaling a potential bullish breakout. Over the past 24 hours, improving market sentiment has fueled the altcoin’s rally. It has climbed 2% and looks poised to extend its gains further. PI Breakout Sparks Optimism for Sustained Price Rally Readings from…
Amid the rise of altcoin-focused treasury companies, Strategy (formerly MicroStrategy) co-founder Michael Saylor reaffirmed that he remains committed to Bitcoin. Far from being concerned, Saylor views the growing adoption of altcoins as part of a broader ‘explosion of innovation’ in the digital asset space—one that he believes ultimately strengthens the entire sector, including Bitcoin. Bitcoin…