In Brief Trump and Musk’s Twitter Spaces talk avoided crypto, disappointing many expecting mentions of Bitcoin or Tesla. MAGA-themed meme coins dropped sharply, with values falling by 15.58% and 27.35% after the talk. Trump’s strategic crypto engagement continues despite avoiding the topic in broad public forums. During a highly anticipated Twitter Spaces conversation on…
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In Brief Bitget Wallet doubles to 30 million users, driven by on-chain trading and DeFi ecosystem growth in 2024. The BWB token and UI/UX innovations also fuel significant user engagement across global markets. This growth aligns with the broader Web3 trend of increasing daily unique active wallets in Q2 2024. Bitget Wallet has achieved a remarkable…
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In Brief The total crypto market cap prevented a drop below $2.00 trillion over the last 24 hours. Bitcoin’s price noted minimal changes over the past day, trading under the $60,000 mark. 1000SATS price witnessed a massive run-up of 25%, reentering previously tested consolidation. The total crypto market cap (TOTAL) is attempting to recover and…
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In Brief Aptos, The Sandbox and Arbitrum have token unlocks scheduled for next week. The total value of tokens unlocked next week exceeds $230 million. Token prices may experience significant fluctuations around large unlock dates. Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid…
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In Brief Alexey Pertsev, a developer of Tornado Cash, is actively raising funds to support his legal defense Pertsev is seeking to raise between $750,000 and $1 million for his defense in the Netherlands. Pertsev’s case has sparked broader concerns about the criminalization of open-source development. Alexey Pertsev, a developer of Tornado Cash, is…
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In Brief Although Bitcoin has shed some losses, distribution from holders signals that the coin’s troubles are far from over. Spot Bitcoin ETFs recorded persistent outflows last Friday, giving further credence to the sentiment. BTC price is closing in on the supply zone around $62,477, suggesting that it may retrace to $60,499. Bitcoin (BTC) holders…
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In Brief Ondo’s price significantly recovered, and appears to be driven by substantial accumulation from Blackrock. The project also experienced strong user engagement, suggesting a further spike in the native token’s value. Analysis shows that ONDO could reach $0.87, which is situated at the 38.2% Fibonacci level. If sustained, it may retest $1.10. Ondo’s (ONDO)…
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In Brief The SEC is expected to appeal Ripple’s court ruling on XRP sales. The agency disputes the classification of XRP secondary sales. The appeal could also challenge the reduced $125 million fine. The US Securities and Exchange Commission (SEC) is expected to appeal the judge’s ruling in its case against Ripple Labs. The appeal…
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In Brief The total crypto market cap witnessed an addition of $210 billion in one day. Bitcoin’s price rallied beyond $60,000, set to test it as support and push further. SUI token emerged as the best performer of the day with a 38% rally in 24 hours. The total crypto market cap (TOTAL) seems to…
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In Brief Fantom price could rise above its recent slump with a potential to reach $0.66 or even $0.99 if bullish trends persist. The token trades above the 23.6% Fibonacci level, suggesting a potential upswing if it holds above the bear market support floor If bears regain control, the bullish thesis may be invalidated, and…
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