Crypto progenitor Bitcoin’s historic move to an unprecedented price high of $122,838 last Monday reignited strong bullish sentiment among traders. Although the asset has since retreated by 5.7%, optimism remains high for another potential breakout. The rapid ascent in Bitcoin’s value has simultaneously propelled major altcoins and many of the best meme coins upwards. Tokens…
The cohort of publicly traded companies with holdings of at least 1,000 Bitcoin (BTC) has surged from 24 at the end of the first quarter to 35 as of July 25, representing a nearly 50% increase. According to new figures released by Chris Kuiper, vice president of research at Fidelity Digital Assets, the growth pushes…
Gemini co‑founder Tyler Winklevoss said JPMorgan froze the crypto exchange’s effort to regain banking services after he accused “banksters” of trying to strangle fintech and crypto firms. In a thread on July 25, Winklevoss claimed the bank told Gemini that his earlier tweet had prompted a pause in re‑onboarding, an effort underway since JPMorgan off‑boarded the company…
Galaxy CEO Mike Novogratz has predicted that Ethereum (ETH) could outperform Bitcoin (BTC) in the coming 3 to 6 months. During a Thursday interview with CNBC, the executive revealed that market conditions increasingly favor ETH’s upside. Corporate Interest and ETF Flows “I think Ethereum probably has a lot of chance to outperform Bitcoin in the…
Elon Musk has emerged as the most influential figure in crypto, surpassing US President Donald Trump. The top ranks of crypto influence also include current and former Congresspeople. Notably, only one non-US politician and one woman made it onto this influential list. The analysis carried out by ApeX Protocol used data-driven metrics to identify and…
The United States is quickly becoming a hub for crypto entrepreneurs due to recent approval of positive blockchain legislation. The GENUIS Act was signed into law on July 18, marking a significant milestone for stablecoin adoption. Following this, Republican leaders on the US Senate Banking Committee released their version of legislation for a digital asset…
Bitcoin is undergoing a notable pullback, recently touching the $115,000 level after failing to break above its all-time high at $123,000. The correction, now nearing 6%, is starting to weigh on short-term investors who entered during the recent rally. Market sentiment shows signs of unease as volatility returns to the spotlight. Adding to the pressure,…
Although the year is only half over, some crypto networks have quietly achieved major milestones, solidifying their position as leaders in the digital asset space. One of them is Litecoin, which is considered the digital silver to Bitcoin’s digital gold status. According to a tweet by key opinion leader (KOL) Crypto Patel, Litecoin has experienced…
The broader crypto market has dropped over 5% this week, but the Real World Asset (RWA) sector is showing signs of resilience. While most altcoins struggle, the RWA market cap remains relatively stable at around $49.8 billion, indicating steady interest despite broader market weakness. Amid this backdrop, a few RWA tokens have not only held…
Bitwise Chief Investment Officer Matt Hougan says the long-observed four-year crypto cycle may no longer apply to the current market. In a recent discussion with Bitcoin advocate Kyle Chassé and Bloomberg ETF analyst James Seyffart, Hougan argued that the historical pattern is breaking down, and a longer, more sustained growth phase could be on the…