Strategy is expanding its STRC stock offering to $2 billion to accelerate Bitcoin acquisitions, aiming to become the first corporate entity holding 1 million BTC. Major investment banks including Morgan Stanley, Barclays PLC, and TD Securities are reportedly involved in… Read More »Strategy Targets 1 Million Bitcoin Holdings Via $2 Billion STRC Stock Offering
Galaxy Digital CEO Mike Novogratz has suggested that Ethereum (ETH) possesses the potential to outperform Bitcoin (BTC) within the next half-year, citing accelerating institutional adoption, substantial exchange-traded fund (ETF) inflows, and robust ecosystem fundamentals as key catalysts. Ethereum demonstrates notable… Read More »Galaxy CEO Forecasts Ethereum Poised to Outpace Bitcoin Performance
The Crypto Council for Innovation (CCI) has appointed Ji Hun Kim as its permanent Chief Executive Officer, tasking the former Gemini and Kraken executive with steering the industry advocacy group during pivotal U.S. regulatory developments. Kim brings extensive cryptocurrency exchange… Read More »Ji Hun Kim Named Permanent CEO of Crypto Council for Innovation Amid Regulatory Shifts
New research reveals that Ethereum’s Maximal Extractable Value (MEV) arbitrage ecosystem has become highly centralized, with a small group of dominant players controlling most extraction activities. This concentration poses significant risks to Ethereum’s foundational principles of decentralization and equitable access.… Read More »Research Exposes Centralization Risks in Ethereum’s MEV Landscape, Threatening Network Decentralization
A significant transaction involving 252,101,212 USD Coin (USDC), equivalent to approximately $252 million, was recently recorded moving from a hot wallet associated with cryptocurrency exchange Binance to an unknown wallet address. This high-value transfer highlights the critical role stablecoins like… Read More »$252 Million USDC Moves from Binance to Unknown Wallet, Hints at Institutional Maneuvering
The XRP Ledger (XRPL) is undergoing a fundamental transition from retail-driven activity toward institutional adoption for payment settlements. Recent data reveals a nearly 50% decline in daily active accounts between January and June 2024, signaling reduced retail engagement. Payment transactions… Read More »XRP Ledger Shifts from Retail to Institutional Use as Payment Network
GameSquare Holdings Inc. has acquired the CryptoPunk NFT Cowboy Ape #5577 for $5.15 million in preferred shares, significantly expanding its Ethereum treasury holdings. This strategic acquisition supports the company’s exploration of innovative NFT yield-generation strategies, including stablecoin borrowing against digital… Read More »GameSquare Acquires Rare CryptoPunk for $5.15M to Boost Ethereum Treasury and Pursue NFT Yield Strategies
The REX-Osprey Solana ETF has launched as the first U.S. cryptocurrency exchange-traded fund to distribute 100% of staking rewards directly to shareholders. This innovative ETF provides investors exposure to Solana (SOL) while passing all network staking yields through shareholder distributions.… Read More »REX-Osprey Solana ETF Breaks Ground with Full Staking Reward Distribution to Shareholders
Bitcoin could be vulnerable to a short-term price pullback according to analysis of key technical indicators and on-chain metrics. Bearish divergence in the Relative Strength Index (RSI) currently suggests weakening upside momentum, a signal that has historically preceded price corrections.… Read More »Bitcoin Faces Short-Term Correction Risks as Technical Indicators Flash Warning
Ethereum developer Preston Van Loon testified in defense of Tornado Cash co-founder Roman Storm during court proceedings, asserting the platform’s role as a legitimate privacy tool on the Ethereum blockchain. Van Loon revealed his personal use of Tornado Cash to… Read More »Ethereum Developer Testifies for Tornado Cash Founder, Defends Privacy Protocol Legitimacy
BitMine has disclosed holdings of 566,776 Ether (ETH), acquired at an average price of $3,643.75 per token, with a total value exceeding $2.1 billion. This significant accumulation forms part of the company’s publicly stated strategy to acquire and stake approximately… Read More »BitMine Amasses $2.1 Billion in Ethereum, Targeting 5% of Supply
Ripple co-founder Chris Larsen transferred 50 million XRP valued at $175 million to four digital addresses, with $140 million subsequently moved to cryptocurrency exchanges just before XRP reached its historic high of $3.65. This transaction occurred during XRP’s extraordinary price… Read More »Ripple Co-Founder Moves $175M XRP Ahead Record Price Peak Amid Regulatory Shifts
Ripple co-founder Chris Larsen liquidated approximately $200 million worth of XRP tokens over a ten-day period, triggering concerns about liquidity pressures and investor sentiment amid ongoing market volatility. The significant sell-off, executed against Larsen’s estimated 2.8 billion XRP holdings, coincided… Read More »Ripple Co-founder Larsen Sells $200M XRP Amid Market Uncertainty
XRP has delivered extraordinary performance over the past year, surging 552% and adding 49% year-to-date. This significantly outshines Ethereum’s 6.34% annual gain, spotlighting diverging market catalysts behind the two major cryptocurrencies. Robust whale accumulation is driving XRP’s momentum, with 2,743… Read More »XRP Outpaces Ethereum with 552% Annual Rally Amid Whale Activity, ETH Institutional Holdings Signal Long-Term Value
Solana (SOL) momentarily surpassed Binance Coin (BNB) to become the fifth-largest cryptocurrency by market capitalization, reaching approximately $107 billion before correcting below $190 and ceding the position back to BNB. This shift occurred despite BNB’s longstanding dominance in the exchange-affiliated… Read More »Solana Briefly Eclipses BNB in Market Cap on Strong DeFi Performance
An unnamed cryptocurrency enterprise has instituted stringent financial oversight policies, confirming it will terminate managers responsible for projects exceeding allocated budgets. This directive coincides with the company progressing toward a significant development milestone scheduled for completion in 2027. Simultaneously, industry… Read More »Crypto Firm Enforces Budget Accountability Amid Major Project Timeline
Myriad Markets has introduced a prediction platform enabling users to forecast price trends of prominent cryptocurrencies, including SharpLink Gaming’s Ethereum holdings and popular Solana-based tokens such as PENGU, FARTCOIN, and PUMP. The platform uniquely blends analytical tools with entertainment elements,… Read More »Myriad Markets Launches Crypto Prediction Platform Featuring Ethereum and Solana Tokens
Proposed legislation known as the GENIUS Act could redirect institutional capital from traditional stablecoins like USDT toward decentralized finance (DeFi) platforms. The act imposes restrictions on stablecoin yields, incentivizing investors to explore DeFi alternatives offering programmable yields and enhanced liquidity.… Read More »GENIUS Act May Redirect Capital to DeFi by Restricting Stablecoin Yields
Ethereum is currently trading in a consolidation phase below the pivotal $4,100 resistance level, with indicators suggesting potential for an imminent breakout. The cryptocurrency has established consistent support between $3,530 and $3,677, buoyed by a long-term bullish pattern indicating sustained… Read More »Ethereum Consolidates Below $4,100 Amid Institutional Accumulation and ETF Inflows
Emerging blockchain platform Monad has officially confirmed the launch date for its mainnet, scheduling deployment for September 29. This milestone marks the culmination of extensive development efforts aimed at introducing novel scaling solutions to the decentralized ecosystem. Leading cryptocurrency data… Read More »Monad Announces September 29 Launch Date, CoinMarketCap Celebrates Airdrop Event