World, a week-old Solana (SOL) prediction market, staged a faux exit. On July 8, it mentioned it was leaving Solana for Robinhood Chain, then admitted the entire thing was a crypto prank the next day. The gag drew thousands and thousands of views and briefly fooled components of the crypto business. It additionally divided opinion…
Bitwise has dropped Polkadot (DOT) and Avalanche (AVAX) from its flagship Bitwise 10 Crypto Index ETF (BITW). Hyperliquid (HYPE) and Stellar (XLM) had been added to the fund’s newest month-to-month rebalance. BITW works like a crypto inventory index fund. It mechanically holds the ten largest eligible cash by market cap, so traders acquire publicity to…
XRP futures open curiosity on Binance has fallen to roughly 397 million XRP, its lowest stage in over three months. The decline arrives because the token trades at $1.09. Here is what the drop means, how spot knowledge contrasts, and what might come subsequent for the worth. What the XRP Open Interest Decline Actually Means…
Robinhood Chain’s meme coin frenzy accelerated this week after CEO Vlad Tenev mentioned the community “works nice for memes too.” Arrow (ARROW), Tendies (TENDIES), and Dog In Hood (DIH) now stand out behind flagship token Cash Cat (CASHCAT). The week-old community logged a report $563.9 million in each day decentralized trade (DEX) quantity on July…
MARA, a significant Bitcoin (BTC) mining firm, will purchase a big Texas website as soon as deliberate as a inexperienced gasoline plant. The firm will flip the land into versatile energy for mining and synthetic intelligence (AI) tenants. The take care of gasoline developer HIF Global may attain $600 million if targets are met. It…
Bitcoin (BTC) has entered the identical 91-day window that ended every of its final three bear markets. History suggests this stretch is essentially the most punishing of any cycle, but the injury retains shrinking with every repeat. Two impartial strategies now converge on an analogous ground. A linear regression on previous drawdowns and a logarithmic…
Temasek Holdings is not going to add new cryptocurrency publicity. The $400 billion Singapore state investor will as a substitute deepen its wager on synthetic intelligence. Nagi Hamiyeh, president of Temasek Global Investments, instructed CNBC that regulatory uncertainty is driving the shift. A lingering $275 million write-off from the 2022 FTX collapse additionally weighs on…
SWIFT’s blockchain-based shared ledger has moved from testing to stay deployment. Seventeen main banks are actually making ready to course of actual transactions utilizing tokenized deposits, although the system nonetheless leans on SWIFT’s older infrastructure to complete every switch. Citi, HSBC, UBS, and 14 different banks throughout six continents will run pilot transfers. Their tokenized…
Ethereum (ETH) merchants have splintered into two camps as the value slide deepens. Roughly 100,000 addresses deposited to Binance throughout a panic transfer, whereas withdrawals climbed at the similar time. The divided response now stretches past on-chain flows. On Polymarket, bettors value each a restoration and a deeper decline as seemingly outcomes, exhibiting how sharply…
Bitcoin (BTC) has seen notable volatility over the previous few months, however on-chain information exhibits that the circumstances for a bottoming course of are in place. However, the affirmation indicators that might mark a full restoration haven’t but arrived. Glassnode says the decline has entered its later levels, but a number of metrics should align…