Traders have notably expanded long positions in Ethereum (ETH), with aggregated exposure exceeding the $10 million threshold according to market data. This positions buildup underscores a clear accumulation phase among investors and highlights enduring trust in ETH’s market prospects. The… Read More »Ethereum Long Positions Surpass $10 Million as Traders Signal Sustained Confidence
Quantum Solutions has unveiled plans to establish a Bitcoin treasury targeting acquisitions of 3,000 BTC via its GPT Pals Studio initiative. The $350 million program employs a phased approach to mitigate market risk while maximizing long-term asset appreciation, reflecting Japan’s… Read More »Quantum Solutions Targets 3,000 BTC Treasury with Institutional Management Strategy
Blockchain analytics firm Glassnode has issued an analysis identifying a significant low-density price accumulation zone for Bitcoin between $110,000 and $117,000. According to the report, this zone is characterized by relatively few existing holders having purchased their coins within this… Read More »Analysts Identify $110K-$117K as Potential Bitcoin Support Zone
BNB Chain will implement native support for Circle’s USYC stablecoin, an interest-bearing asset backed by US Treasury bonds, according to network strategy documents. This integration aims to bolster capital efficiency and transaction speeds across its decentralized finance ecosystem. USYC enables… Read More »BNB Chain to Integrate Circle’s Interest-Bearing Stablecoin USYC for Enhanced DeFi Efficiency
Ethereum has entered a consolidation phase following its recent 70% price surge, with market analysts now monitoring key liquidity zones around $3,000 and $3,800 for potential volatility catalysts. The cryptocurrency currently faces significant resistance near the $4,100 level, as traders… Read More »Ethereum Consolidates Near $4,100 Resistance Amid Bullish Market Indicators
Binance, a leading cryptocurrency exchange, is reportedly exploring the acceptance of yield-bearing stablecoins USYC and cUSDO as collateral on its platform. This potential move represents a strategic integration aiming to enhance liquidity and market depth for these specific tokens. Yield-bearing… Read More »Binance Considers Yield-Bearing Stablecoins USYC, cUSDO as Collateral
The Build on Bitcoin (BOB) project’s Kailua upgrade introduces zero-knowledge fraud proofs, significantly enhancing security and decentralization for its Bitcoin layer-2 network. This advancement achieves Stage 0 status on L2Beat’s decentralization scale and accelerates fraud verification speeds significantly. The upgrade… Read More »BOB’s Kailua Upgrade Implements ZK Fraud Proofs, Boosting Bitcoin L2 Decentralization and DeFi Potential
Ethereum’s upward momentum has stalled near the $3,700-$3,800 resistance zone, signaling potential near-term headwinds for the cryptocurrency. Technical analysis reveals a forming rising wedge pattern accompanied by bearish RSI divergence, raising the probability of a price pullback. Market experts warn… Read More »Ethereum Faces Key Resistance at $3,800 as Technical Indicators Signal Correction Risks
London-based artificial intelligence firm Satsuma Technology has raised £100 million (approximately $135 million USD) to build a substantial Bitcoin treasury. The company rapidly deployed the entire capital sum into Bitcoin within just two weeks of securing the funds. This significant… Read More »Satsuma Technology Secures £100 Million, Becomes UK’s Second-Largest Corporate BTC Holder
Stablecoin wallets now surpass Solana (SOL) token holders in total count, accounting for 38% of all cryptocurrency custodial accounts compared to SOL’s 37%. This milestone underscores accelerating institutional adoption and regulatory advancements boosting dollar-pegged digital assets. The growth follows legislation… Read More »Stablecoin Wallets Eclipse SOL Holders Amid Regulatory Tailwinds and Institutional Embrace
The price of Bitcoin (BTC) remains locked in a narrow trading band, fluctuating between $117,000 and $121,200 according to market data. Analysts attribute this period of relative inactivity primarily to escalating trade tensions between the United States and the European… Read More »Bitcoin Stabilizes Near $120K Amid Persistent US-EU Trade Tensions
Binance has expanded its institutional over-the-counter (OTC) settlement service by incorporating two tokenized real-world assets (RWA) – USYC and cUSDO – as eligible collateral. This addition provides institutional clients enhanced flexibility to leverage their tokenized holdings within Binance’s ecosystem. The… Read More »Binance Expands Institutional OTC Service with USYC and cUSDO Collateral Options
A Bitcoin wallet inactive since 2011—containing 3,962 BTC valued at approximately $470 million—has resurfaced after years of dormancy. Originally acquired when Bitcoin traded around $0.37, the coins now represent one of the most substantial reactivations from Bitcoin’s early adoption phase.… Read More »Dormant 2011 Bitcoin Wallet Holding $470 Million Reactivates, Spotlighting Early Adoption Impact
UK-based Satsuma Technology finalized a $135 million convertible loan note offering, marking one of the largest crypto funding rounds in the region this year. The capital infusion aims to establish a corporate Bitcoin treasury while advancing decentralized AI infrastructure development.… Read More »Satsuma Technology Secures $135M via Convertible Loan to Build Bitcoin Treasury and AI Infrastructure
Elon Musk has revealed intentions to revive Vine, the defunct short-form video platform, while integrating artificial intelligence capabilities. The tech entrepreneur announced the initiative alongside a direct reminder for followers to enable notifications for cryptocurrency-related news updates through his social… Read More »Elon Musk Announces Plans to Revive Vine with AI Integration, Urges Crypto News Alerts
XRP showcased a robust 38.9% price surge during the third quarter of 2024, significantly outperforming most altcoins with an average monthly growth of 10.9%. Despite facing recent market turbulence, the asset maintains historical momentum for potential bullish July closures supported… Read More »XRP Records Strong Q3 Growth Amid Volatility, Institutional Backing Signals Bullish Outlook
Significant XRP holders, commonly known as whales, have acquired more than 280 million tokens, demonstrating robust confidence in the asset’s upside potential despite recent market volatility. This accumulation occurs as XRP retests the critical $3.00 price support level, following a… Read More »XRP Whales Accumulate Over 280 Million Tokens Amid Critical $3.00 Support Retest
FTX has solidified a plan to distribute $1.9 billion to creditors of the collapsed cryptocurrency exchange, with the payout scheduled for September 30. This significant distribution will specifically exclude claims under dispute and creditors residing in restricted jurisdictions. This distribution… Read More »FTX Finalizes $1.9B Creditor Distribution Plan, Excludes Disputed Claims and Certain Jurisdictions
Cryptocurrency exchange Bybit has added futures trading for the ASP token ($ASP), expanding its derivatives offerings amid growing market interest. The development underscores the importance of staying current with cryptocurrency market dynamics. Market participants are encouraged to follow reliable sources… Read More »Bybit Lists ASP Token for Futures Trading as Cryptocurrency Market Evolves
Societe Generale, the world’s 19th-largest banking group, has announced a strategic collaboration with digital asset issuer 21Shares to deliver liquidity and market-making services for Bitcoin and Ethereum exchange-traded products (ETPs) across Germany and Eastern Europe. This partnership focuses exclusively on… Read More »Societe Generale Partners with 21Shares to Boost Liquidity for Crypto ETPs in Europe