Ethereum whales stored shopping for this week. A collection of newly created wallets pulled roughly 50,000 ETH off exchanges in beneath 48 hours. The transfer comes as the ETH/BTC ratio jumped 6% in per week, including contemporary weight to the case that altcoin season could also be constructing. ETH traded at $1,917, up 2.22% on…
Summer.fi will wind down operations after a $6.04 million exploit hit its Lazy Summer Protocol on July 6, wiping out the capital the crew wanted to rebuild. The five-year-old Decentralized Finance (DeFi) platform mentioned the app will stay dwell till August 31. Summer.fi Closes Doors as July 6 Exploit Wipes Out Rebuild Runway In a…
The White House shared a nine-second video selling a brand new Trump Coin on July 16, but it surely wasn’t the cryptocurrency. Treasury Secretary Scott Bessent unveiled a $1 gold-finish coin honoring President Trump for America’s 250th anniversary. The announcement brought about temporary confusion on-line, since the bodily coin shares its identify with the TRUMP…
Arthur Hayes purchased 1,293 ETH ($2.48 million) on Wednesday, July 15, after receiving 646 ETH ($1.24 million) from Galaxy Digital quickly earlier than, on-chain knowledge reveals. The strikes mark a reversal weeks after he bought 6,000 ETH at a loss. The reversal additionally provides to a string of controversial trades this 12 months. Hayes has…
Peter Schiff attacked Bitcoin and Michael Saylor on July 15, predicting a slide to $20,000 (practically 70% beneath present costs) and questioning MicroStrategy’s determination to promote inventory relatively than BTC. The economist argues that Saylor is trapped and that holders who refuse to promote at present will remorse it quickly. Bitcoin (BTC) Price Performance: Source:…
The Official Trump (TRUMP) meme coin crew could deploy as much as 9.6% of whole provide, roughly 96 million tokens value about $150 million at present costs, over the approaching months. TRUMP trades 98% beneath its January 2025 peak of $73.43. That potential deployment equals about 40% of the token’s 237 million circulating provide and…
Arbitrum’s RWA perpetual platform Ostium misplaced almost $18 million USDC immediately after attackers compromised an oracle signer key and manipulated costs. The root trigger was a compromised oracle signer non-public key. This allowed the attacker to bypass verification checks and submit favorable future costs. They executed round 20 looped trades by way of delegated actions,…
US shares proved the strongest hedge throughout the 2026 US-Iran warfare, whereas gold, silver, and Bitcoin (BTC) all misplaced floor. The belongings traders purchased for security delivered the weakest returns of the battle. The warfare ran from February 28 to June 17, 2026, earlier than a July flare-up reopened hostilities. Across that span, the S&P…
Crypto social quantity dropped to 41,800 day by day feedback in July, its second-lowest studying since October 2024, as market chatter thinned throughout main platforms. Trading exercise has cooled alongside the silence. Top-cap crypto volumes are fading towards their weakest common ranges in two years, pointing to softer spot demand and cautious positioning. Why Crypto…
BitMine Immersion Technologies posted income of $46.5 million within the three months ended May 31, a 22x soar from a 12 months earlier, even as a $9.1 billion nine-month internet loss dominated its newest submitting. The loss stems nearly fully from a non-cash markdown on the corporate’s Ethereum (ETH) holdings. Underneath it, BitMine’s staking enterprise…