The month of August has historically been very bearish for the Dogecoin price, and with the new month rolling in already, expectations are that the meme coin will follow this established trend. If this holds, then the downtrend that has already plagued Dogecoin at the end of July could only be the beginning, and the…
On-chain data shows the Ethereum Daily Active Addresses metric has shot up recently. Here’s what this could mean for the cryptocurrency. Ethereum Daily Active Addresses Near Highest Level In 2 Years According to data from institutional DeFi solutions provider Sentora, the Ethereum blockchain has seen activity light up recently. The “Daily Active Addresses” is an…
Bitcoin’s adverse price movements that started on Thursday continued in the past 24 hours, with the asset sliding to a new multi-week low of under $113,000. With multiple altcoins in the red as well, including a new all-time low for Pi, it’s no wonder that the total crypto market cap has dumped by nearly $250…
The first week of August has kicked off with a slowdown in global cryptocurrency market activity. Over the past seven days, the total market capitalization has dipped by over 5%, reflecting reduced trading momentum and a more cautious investor sentiment across major digital assets. Despite the broader market cooldown, Nigeria’s retail crypto community continues to…
Nasdaq-listed Mill City Ventures III is looking to raise up to $500 million through a new equity agreement to expand its Sui token treasury. Key Takeaways: Mill City plans to raise $500M to expand its SUI token treasury after a $450M initial investment. The stock dropped over 11% following the announcement, despite being up 165%…
As the market soared in July, crypto hacks also saw a significant increase from the previous month, with crypto exchanges losing over $100 million in the past 30 days. This follows a concerning trend that has been developing this year, which suggests that theft from digital asset services could reach a new milestone by the…
Japan-based investment firm Metaplanet is eyeing a 555 billion yen ($3.7 billion) capital raise as part of its “Bitcoin Strategy,” which aims to accumulate 210,000 Bitcoin (BTC) by the end of 2027, the company announced today. Metaplanet Seeks $3.7 Billion Raise To Buy More BTC According to the announcement, Metaplanet plans to raise $3.7 billion…
As July closed out, Bitcoin suffered a notable pullback as it corrected to approximately $113K – a decline of several thousand dollars from mid-month highs north of $123K. Despite the setback, the market watchers remain bullish about the world’s largest crypto asset’s prospects for the year-end. $115K Now, $150K Soon? As Bitcoin mining enters the…
Bitcoin (BTC) is facing renewed downward pressure as it struggles to maintain levels above $115,000. At the time of writing, the cryptocurrency is trading around $115,745, down approximately 2.2% in the past 24 hours and nearly 6% below its July all-time high of $123,000. The latest market movement has raised questions about short-term price stability,…
In a new letter, a trio of Senate Democrats has pressed the new head of the Office of the Comptroller of the Currency (OCC) about the US President’s crypto ventures and a potential conflict of interest related to the Trump family’s stablecoin, USD1. Senators Question Banking Regulator On Thursday, three Democratic senators sent a letter…