In Brief SEC pauses crypto index fund approvals, delaying multi-asset ETF decision until further review amid regulatory uncertainties. Kitabou, a Japanese textile manufacturer, invests $5 million in Bitcoin, adopting a treasury strategy and exploring crypto mining. Trump’s DeFi platform World Liberty Financial accelerates Ethereum purchases, amassing 5,600+ ETH in a week with a $19 million…
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In Brief Trump announced a landmark trade deal with Japan, including $550 billion US investments and 15% tariffs on imports. Japan will open its markets to US automobiles and agricultural products as part of the agreement. The US and Philippines reached a deal, with a 19% tariff on Filipino goods and market access for US…
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In Brief Crypto market cap rises by $33 billion, reaching $3.89 trillion, fueled by altcoin strength and positive macroeconomic news. Bitcoin consolidates near $118,912, aiming to break $120,000 resistance; a decline below $115,000 would signal a potential correction. PENGU surges 21.6% to near its all-time high of $0.0469, with bullish indicators suggesting a breakout, unless…
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In Brief Crypto market cap rises by $41 billion in 24 hours, reaching $3.88 trillion as altcoins spark renewed investor optimism. Bitcoin slips below $118,000 after failing to breach resistance, facing possible decline to $115,000 if altcoin momentum persists. Raydium surges 20% to $3.48, with bullish technicals targeting $3.94—unless profit-taking reverses its gains. The total…
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In Brief ARK Investment sold 218,986 shares of Coinbase worth around $90.6 million, continuing a series of COIN sales in July. Despite the ongoing sales, ARK remains one of Coinbase’s top 10 holders. ARK also bought 4.4 million shares of Ethereum-focused Bitmine Immersion, aligning with crypto and blockchain growth. ARK Investment Management announced on Monday…
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In Brief Long-Term Holder SOPR remains elevated, signaling major profit-taking that often precedes local tops. Whale-to-Exchange Ratio spikes mirror past corrections, with whales likely prepping to sell. BTC hovering at $117,500; break below $116,000 could trigger a drop toward $103,300 unless $122,000 is reclaimed. Bitcoin price may be holding above $117,500, but under the surface,…
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In Brief Ethereum’s Age Consumed has dropped over 98%, showing no movement from long-term holders. ETH/BTC ratio has surged 50% since June; a similar setup in 2021 led to ETH hitting its ATH. Ethereum price structure points to $5,324 if ETH breaks above the previous high. Ethereum is showing signs of strength across on-chain and…
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In Brief Altcoin season approaches as Bitcoin dominance drops to a 4-month low, with Ethereum leading the way toward $4,000. The altcoin season index signals an incoming breakout as capital inflows shift towards altcoins, though full altcoin season remains pending. Bitcoin dominance falls from 64.5% to 60.9%, highlighting growing market preference for altcoins, though caution…
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In Brief MANTRA (OM) surged 46.27% in 24 hours with $1.1 billion in trading volume, rebounding after a major 90% crash in April. Despite earlier skepticism, OM broke its 3-month downtrend and is now one of the top daily gainers on CoinGecko. Analysts eye $0.50 and $1 as key targets, citing growing bullish sentiment and…
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In Brief The US government currently owns only 28,988 BTC, worth $3.47 billion, which is just 15% of the assumed total. Federal agencies hold 200,000 BTC, but many are seized assets, not directly owned by the government. Concerns over a potential sell-off under President Biden are unfounded, as on-chain tracking shows no large liquidation. New…
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