XRP price started a fresh increase and surged above the $3.350 zone. The price is now consolidating gains and might continue to rise above the $3.650 zone. XRP price started a fresh increase above the $3.450 zone. The price is now trading below $3.50 and the 100-hourly Simple Moving Average. There was break below a…
As Bitcoin (BTC) continues to hover in the high $110,000 range, on-chain data suggests that a short-term price pullback may be imminent. That said, the broader market structure remains firmly bullish. Bitcoin Exchange Reserves Hit Near-Month High According to a recent CryptoQuant Quicktake post by contributor ShayanMarkets, BTC reserves on centralized exchanges have risen to…
Ethereum price started a fresh increase above the $3,750 zone. ETH is now showing bullish signs and might continue to rise toward the $3,950 zone. Ethereum started a fresh increase above the $3,750 level. The price is trading above $3,650 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with…
Investor sentiment in the US digital asset market is shifting, with Ethereum exchange-traded funds (ETFs) attracting fresh inflows while Bitcoin-based products face outflows. According to data from SoSo Value, US-listed Ethereum ETFs saw a combined inflow of $296.5 million on July 21, marking one of the asset class’s strongest single-day performances. Fidelity’s FETH led the…
Tron founder Justin Sun is finally heading to space, nearly four years after spending $28 million for a seat aboard Blue Origin’s New Shepard. On July 21, Sun confirmed he would be among six passengers on the company’s upcoming NS-34 mission. This mission will mark Blue Origin’s 34th flight and 14th human-crewed launch. Real estate…
Cathie Wood’s Ark Invest has shifted its crypto-focused investment strategy, reducing its holdings in Coinbase, Robinhood, and Block in favor of BitMine Immersion, an Ethereum-focused treasury firm. According to Ark’s July 21 trading disclosures, the firm added 4.4 million BitMine Immersion (BMNR) shares to three of its actively managed exchange-traded funds (ETFs). This marks a notable strategic…
Bitcoin-focused treasury firm Strategy has introduced a new class of perpetual preferred shares, the Series A Variable Rate Stretch Preferred Stock (STRC), according to a July 21 statement. According to the firm, it plans to issue five million STRC shares at a face value of $100 each, pending regulatory clearance and market conditions. STRC vs…
Despite trading below its ICO price, PUMP continues to punch above its weight in fundamentals, generating $10.2 million in weekly fees, enough to place in the top 20 globally in crypto fee rankings. Analysis from Ignas highlights that the performance is largely powered by PumpSwap, the protocol’s native DEX, which drives half of all fee…
JPMorgan Chase is reportedly preparing to offer loans backed by client-held digital assets, including Bitcoin and Ethereum, marking a direct engagement with crypto collateralization by a global systemically important bank for the first time. The plan, reported by the Financial Times and Reuters, would expand an existing effort by the bank to accept spot Bitcoin…
More than 913,111 ETH has been permanently lost due to user and contract-related errors, according to Conor Grogan, a director at Coinbase. At current prices, that amounts to approximately $3.43 billion in inaccessible assets, which represent over 0.76% of Ethereum’s total circulating supply. Grogan highlighted several major incidents that have contributed to this significant number…