The Bureau of Labor Statistics (BLS) has released its latest US Jobs Report, and the data paints a grim picture for the American labor market. While this signals broader economic weakness, it could eventually benefit the crypto sector in key ways. Although token prices dipped slightly after the release, market participants are closely watching how…
The Shiba Inu price (SHIB) has dropped nearly 6% in the past 24 hours, as the broader crypto market undergoes a sharp correction after several days of strong gains. One key technical signal now supports a bearish Shiba Inu price prediction, with downside momentum picking up speed. Smaller-cap tokens like Pudgy Penguins (PENGU) and SPX6900…
The Ethereum price has plunged 6% in the past 24 hours, dropping to $3,625 after President Donald Trump announced sweeping new tariffs, including a 35% duty on Canadian imports. The move rattled global markets and disrupted recent crypto momentum. ETH is now down 1% over the past week but remains up 48% in the last…
Billionaire Strategy Executive Chairman Michael Saylor has positioned his company’s Bitcoin-backed securities as a compelling alternative to conventional bank savings for retirement planning, presenting yields of 9.5% versus traditional savings rates ranging from 0.1% to 4%. During MicroStrategy’s second-quarter earnings call on July 31, Saylor highlighted the firm’s newest preferred stock offering, STRC, as especially…
Bitcoin has broken down from the two-week consolidation range that held the market between $115,724 and $122,077, reaching a new local low near $114,000. The drop confirms a shift in short-term momentum, putting bulls on the defensive. The $117,000 level—previously a key support zone—now serves as the immediate resistance that must be reclaimed to signal…
Yesterday, Securities and Exchange Commission (SEC) Chairman Paul Atkins announced ‘Project Crypto’ – a bold new initiative he describes as ‘the SEC’s north star in aiding President Trump in his historic efforts to make America the crypto capital of the world.’ Ultimately, it aims to modernize US financial regulations and bring crypto innovation onshore by…
The race for an Ethereum treasury reserve is heating up, as multiple big companies continue to accumulate the second-largest crypto asset at a rapid rate and scale. While accumulation at the institutional level has spiked, the Ethereum Foundation has lost its position as the leader in ETH holding rankings. New Institutions Overtake Ethereum Foundation In…
What a wild month July turned out to be for altcoin investors! Not only did Bitcoin, the granddaddy of all cryptocurrencies, break out to fresh all-time highs, but major tokens like XRP, Solana, and Ethereum also staged impressive rallies. With the market now brimming with momentum heading into August, we turned to Grok, X’s powerful…
Solana’s price is cracking. Despite gaining 12% in July, the token has now corrected by more than 7.5% in the past 24 hours, wiping out most of those gains. The sharp drop has dragged Solana below a crucial support level, breaking down from a bearish pattern that was looming on the daily chart. Traders are…
Bitcoin price is currently hovering near $115,295, but beneath the surface, a rare on-chain event has captured investor attention. On Thursday, five dormant miner wallets from 2010 transferred 250 BTC, valued at nearly $29.6 million, after 15.3 years of inactivity, according to Arkham Intelligence. These wallets were part of Bitcoin’s earliest mining era, each receiving…