In Brief Ethereum’s price surged above $4,000, driven by strong buying momentum and an 18% weekly gain. Within 24 hours, this triggered $184 million in short liquidations. Rising futures open interest and significant institutional inflows indicate growing market conviction and renewed confidence from large investors. ETH holds key support near $3,909 and has the potential…
Read more
In Brief Solana has surged 10% over the past week, trading within an ascending parallel channel that signals continued bullish momentum. RSI shows buying interest outweighing selling, while the Elder-Ray Index’s positive reading reinforces bullish market sentiment. SOL is trading at $181.79, just below the $186.52 resistance; a breakout could target $190, while renewed selling…
Read more
In Brief Pi Core Team urges Pioneers to counter misinformation with fact-based posts, comments, and official sources, stressing voluntary action. Email call sparks debate; supporters praise community vigilance, while critics fault the team for shifting responsibility. GCV leaders face scrutiny for promoting unrealistic $314,159 Pi valuation, intensifying community divides over the network’s future. The Pi…
Read more
In Brief Harvard University invested $116.6 million in BlackRock’s Bitcoin ETF in Q2 2025. This investment is Harvard’s fifth-largest, surpassing Alphabet’s shares. IBIT is Harvard’s only Web3 investment, making it a significant move. SEC disclosure documents revealed that Harvard University had invested over $116.6 million in to IBIT, BlackRock’s Bitcoin ETF, in Q2 2025. IBIT…
Read more
In Brief Ethereum surges past $4,000 for first time in 8 months, nearing its $4,867 all-time high and outpacing Bitcoin in recent gains. Institutional accumulation and $5B spot Ethereum ETF inflows drive momentum, signaling strong long-term investor confidence. Bitcoin dominance drops to 59%, fueling speculation of an altcoin season led by Ethereum’s rising market influence.…
Read more
In Brief Shiba Inu’s price has dropped 21% over the past two weeks, with a sharp 44% decrease in new address activity indicating waning investor interest. The Relative Strength Index (RSI) remains in the bearish zone, signaling a continued lack of buying pressure and potential for further declines. For a recovery, Shiba Inu must reclaim…
Read more
In Brief Upbit and Bithumb soar in market valuations, while smaller exchange Coinone struggles, selling assets to cover losses. Dunamu’s Upbit and Bithumb see impressive growth as Coinone faces liquidity issues and potential acquisition talks. The growing market concentration in Korea’s crypto exchange sector leaves smaller players like Coinone with limited room to compete. Korean…
Read more
In Brief China explores stablecoin options with Hong Kong as a testing ground, eyeing blockchain infrastructure like Conflux and Chainmaker. Conflux, as a regulated public blockchain, is seen as the leading candidate for powering China’s stablecoin ambitions. Beijing’s concerns over capital outflows and dollar dominance are central to China’s cautious stablecoin strategy. China is closely…
Read more
In Brief FTX seeks to recover $1.76 billion from Binance, claiming it was transferred under unclear circumstances. CZ argues Delaware bankruptcy court lacks jurisdiction, citing his residence in the UAE. The lawsuit is part of a broader legal battle following FTX’s collapse, with tensions between Binance and FTX dating back to 2022. Changpeng “CZ” Zhao,…
Read more
In Brief Galaxy Digital CEO Mike Novogratz signals the peak of crypto treasury firms, with future success hinging on strategic positioning. Ethereum’s treasury holders like BitMine and SharpLink are expected to grow, while new entrants face challenges. Galaxy Digital’s Q2 net income hit $30.7 million, despite missing earnings estimates and a 7% drop in share…
Read more
