In Brief XRP’s falling Estimated Leverage Ratio (ELR) signals a decline in investor confidence and reduced risk appetite. Negative netflows exceeding $222 million show persistent sell-side dominance and weak buy-side support for XRP. If support at $2.71 fails, XRP could experience a sharper decline to $2.50, though a breakout above $3 could trigger a rally.…
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In Brief Arkham uncovers a 2020 hack on LuBian mining pool involving 127,426 BTC. The stolen Bitcoin is now worth $14.5 billion, making it the biggest crypto hack ever. LuBian never disclosed the breach; funds remain with the hacker to this day. A massive Bitcoin heist from December 2020 has just been exposed, making it…
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In Brief The Strategic Ethereum Reserve has surpassed $10 billion, experiencing a 50x growth in just four months as institutional interest in ETH grows. Institutional entities like BitMine, SharpLink, and BTCS Inc. are rapidly acquiring ETH, with major firms pushing for more exposure to the asset. Ethereum’s decentralized structure and consistent security make it a…
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In Brief SEC’s new ETF framework centers on crypto futures contracts, enabling broader crypto ETF approvals, particularly for altcoins. Only cryptocurrencies with at least six months of futures contracts on Coinbase or CME are eligible for ETFs, simplifying approval. Despite the new rule, meme coins and smaller assets without futures markets face more complex paths…
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In Brief Kraken’s Q2 2025 revenue grew 18% YoY to $411.6 million but dropped 13% from Q1, impacted by market instability and seasonal trends. Robinhood saw a 98% YoY increase in crypto revenue to $160 million, though it declined 37% from Q1. Both platforms showed resilience, with Kraken expanding product offerings and Robinhood advancing tokenization…
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In Brief ZORA’s price surged to an all-time high after a 360% rally, fueled by Binance Futures support and Base App integration. Increased user engagement and platform activity contributed to ZORA’s market cap growth from $35 million to $300 million. ZORA saw a spike in social media mentions and creator activity, signaling growing interest and…
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In Brief Crypto market cap jumps $78 billion to $3.90 trillion, fueled by global trade optimism; holding support could drive a push toward $4.00 trillion. Bitcoin remains in a consolidation range, needing to break $120,000 to target $122,000 and potentially retest its all-time high of $123,218. PancakeSwap (CAKE) rises 15.4% to $3.22; holding $3.08 support…
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In Brief SharpLink Gaming acquired 77,206 ETH worth $296 million last week, bringing total holdings to 438,000 ETH, all fully staked. Other major players like DeFiance Capital and Justin Sun also accumulated ETH, while some whales moved funds to CEXs. Diverging strategies, from aggressive accumulation to leveraged shorting, signal mixed sentiment in a volatile but…
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In Brief Pepe (PEPE) is in an accumulation phase, holding above $0.00001216; a bounce could target $0.00001389, but a drop below $0.00001216 could signal further losses. Convex Finance (CVX) rises 21% in 24 hours, testing resistance at $5.88; a break above $6.00 could push further, while a drop below $4.16 would invalidate the bullish outlook.…
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In Brief SUI price surges 10%, approaching a breakout with a key resistance at $4.35; potential $25 million in liquidations could trigger a price surge. The RSI remains in the bullish zone, suggesting further upward momentum if market conditions remain favorable. SUI is currently trading at $4.13; securing support at $4.12 is crucial to targeting…
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