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
In Brief The total crypto market cap fell by $83 billion, sitting at $3.65 trillion, as uncertainty over upcoming tariffs weighs on the market. Bitcoin is struggling under resistance at $115,000, with a possible drop to $111,187 if bearish sentiment continues. Fartcoin has dropped nearly 11%, struggling below $1; further declines could push it to…
Read more
In Brief Ethereum forms a bullish triangle pattern while whales and retail quietly load up. IntoTheBlock’s Bull-Bear indicator shows large buyers outweighing sellers. A confirmed daily close above $3,785 could trigger a a move beyond $4,000. There’s a lot of chatter around Ethereum price; will it break $4,000, or is another collapse brewing? The bears…
Read more
As traditional finance warms to blockchain, a new report by Ripple highlights growing bank investments in digital assets. From early-stage funding to quantum-secure tokenization, global banks are reshaping their role in the evolving financial landscape. The shift signals blockchain’s transition from experimental tech to strategic infrastructure. Banks Are Going Beyond Pilots and Proofs Between 2020 and…
Read more
In Brief Memecore, trading at $0.557, is targeting its ATH of $1.01. A drop below $0.440 could halt its momentum. Rekt, up 221% in July, is positioned for gains with a potential rise to $0.0000013. A fall below $0.000000933 would negate the bullish trend. Pudgy Penguins (PENGU) at $0.035 could surge to $0.046 if it…
Read more
