Stellar’s XLM cryptocurrency has demonstrated remarkable bullish momentum this month, surging 104% and significantly outperforming major digital assets with a 50% weekly gain. This rally coincides with a critical technical pattern emerging: the 50-day moving average ($0.297) rapidly approaching the… Read More »Stellar (XLM) Surges 104% in July as Golden Cross Forms and Protocol 23 Upgrade Looms
BitMEX co-founder Arthur Hayes has issued a bold prediction for significant cryptocurrency price increases by the end of the previous year (2024), targeting Bitcoin at $250,000 and Ethereum reaching $10,000. Hayes attributes this bullish outlook primarily to potential macroeconomic shifts.… Read More »BitMEX Co-Founder Hayes Forecasts $250K Bitcoin, $10K Ethereum for 2024 End
South Korea’s largest cryptocurrency exchange Upbit continues to demonstrate its influence in the regional market as STRIKE emerges as its most actively traded digital asset. Recent data shows STRIKE/KRW pairs accounted for 23.92% of the platform’s total trading volume, highlighting… Read More »STRIKE Commands Nearly 24% Dominance in KRW Trading Volume on Upbit Exchange
Blockchain analytics platform Onchain Lens has detected significant Ethereum capital movement involving cryptocurrency exchange FalconX. Within a remarkably compact 25-minute window, a newly created wallet received 33,644 ETH tokens directly from FalconX addresses. The transfer carried an approximate market value… Read More »New Ethereum Wallet Rapidly Accumulates $125 Million in ETH from FalconX
Addresses associated with institutional entity WLFI have significantly increased their Ethereum holdings, accumulating 5,608.48 ETH valued at $19.46 million. This investment currently shows an unrealized profit of approximately $1.45 million. Analysts suggest this large-scale accumulation underscores growing institutional confidence in… Read More »WLFI Accumulates $19.46 Million in Ethereum, Highlighting Institutional Confidence
The U.S. Securities and Exchange Commission (SEC) unexpectedly halted the approval process for Bitwise’s proposed spot 10 Crypto Index Fund (ETF) shortly after its staff granted initial clearance. This reversal leveraged Rule 431, which empowers the full Commission to review… Read More »SEC Halts Bitwise ETF Approval After Staff Clearance, Highlighting Regulatory Ambiguity
Skycorp Solar Group Limited (Nasdaq: PN) has announced it will accept Ethereum and major stablecoins as payment methods. The Nasdaq-listed company confirmed that transactions can be completed using Ethereum (ETH), USD Coin (USDC), and Tether (USDT). This implementation makes Skycorp… Read More »Skycorp Solar Group Listed on Nasdaq Adopts Ethereum and Stablecoins for Payments
Cardano (ADA) has surged past a significant technical barrier, breaking through the $0.85 resistance level with a rally exceeding 7%. This surge is backed by a substantial increase in trading activity and reinforcing technical indicators, setting sights on the next… Read More »Cardano Bull Run Gains Momentum: ADA Breaks Key Resistance Near $0.85, Eyes $1.80
Ethereum’s validator exit queue has seen a dramatic reduction, with nearly $2 billion estimated to be withdrawn from the network. This significant capital movement coincides with a 160% surge in staker profits, occurring against a backdrop of persistent market volatility.… Read More »Ethereum Validator Queue Dwindles with $2 Billion Withdrawn Amid 160% Staker Profit Surge
On-chain analyst Ai Yi has identified three cryptocurrency wallets associated with WLFI accumulating substantial Ethereum holdings. The wallets collectively acquired 5,608.48 ETH, valued at approximately $19.46 million during the accumulation period, at an average purchase price of $3,469.66 per ETH.… Read More »WLFI-Linked Wallets Amass 5,608 ETH with $1.46 Million Unrealized Gain
An early Ethereum participant has transferred 800 ETH to cryptocurrency exchange Kraken following four years of wallet inactivity, concluding a dormant period initiated during Ethereum’s initial coin offering (ICO). The investor originally acquired the ETH tokens for approximately $2,783 per… Read More »Ethereum ICO Participant Nets 4,803% ROI Transferring 800 ETH to Kraken After Four-Year Dormancy
Binance Coin (BNB) has surged to an unprecedented peak price of $799, marking a historic milestone driven by robust expansion across the BNB Chain ecosystem. The cryptocurrency’s utility in diverse blockchain applications—including transaction fee discounts, decentralized finance protocols, and NFT… Read More »BNB Hits Record $799 High Fueled by Ecosystem Growth and Strategic Burns
BNB has surged to an unprecedented all-time high of $800 today, marking a notable 24-hour price increase of 3.92%. This milestone underscores the cryptocurrency’s expanding significance within the digital asset ecosystem. The price rally occurs concurrently with the BNB Chain… Read More »BNB Hits Record $800 High Amid Ecosystem Investment Push
Ethereum’s validator exit queue has surged to its highest level since January 2024, with approximately 519,000 ETH ($1.92 billion) awaiting withdrawal. Processing delays now exceed nine days due to the backlog—the most substantial accumulation observed in 18 months. Simultaneously, entry… Read More »Ethereum Validator Exit Queues Hit $1.92B High Amid Institutional Staking Rush
A cryptocurrency news service is urging users to stay informed by enabling notifications for its updates. Users are reminded to turn on notifications for the service’s Twitter and Telegram channels to ensure they receive the latest cryptocurrency news updates as… Read More »News Outlet Encourages Notifications Setup for Crypto Updates
Ripple has minted 5 million new RLUSD tokens on the Ethereum network, increasing the stablecoin’s total supply to 77.5 million tokens and pushing its market capitalization to approximately $533 million. This milestone marks RLUSD’s entry into the $500M+ stablecoin market… Read More »Ripple’s RLUSD Stablecoin Surpasses $500M Market Cap with Bluechip A Rating and BNY Mellon Reserves
The U.S. Securities and Exchange Commission (SEC) has temporarily suspended approval of the Bitwise 10 Crypto Index Exchange-Traded Fund, which tracks major digital assets including Bitcoin, Ethereum, XRP, and Solana, pending further regulatory assessment. This decision places a hold on… Read More »SEC Halts Bitwise 10 Crypto Index ETF Approval for Additional Review
Binance Futures has reached a historic $100 billion in daily trading volume, a milestone indicating potential altseason momentum and significant market liquidity growth. This unprecedented activity underscores heightened investor participation and reflects broader maturation within the cryptocurrency derivatives market. The… Read More »Binance Futures Hits $100 Billion Daily Volume, Signaling Potential Altseason
A newly introduced legislative proposal, the CLARITY Act, seeks to restructure U.S. cryptocurrency oversight by shifting primary regulatory authority from the Securities and Exchange Commission (SEC) to the Commodity Futures Trading Commission (CFTC). The bill establishes a multi-agency framework to… Read More »CLARITY Act Proposes Major Shift in U.S. Crypto Regulation, Transfers Oversight to CFTC
Bitcoin demonstrates resilience with potential for surging above $120,000 while Ethereum and Shiba Inu exhibit weakening momentum amid correction signals. Market movements reveal diverging trajectories across major cryptocurrencies as regulatory announcements inject fresh uncertainty. Bitcoin retains strength near record highs,… Read More »Bitcoin Eyes $120K Breakout as Ethereum, Shiba Inu Sign Correction Risks Amid Regulatory Pressure