The U.S. Core Personal Consumption Expenditures (PCE) Price Index increased 2.8% year-over-year in June, slightly exceeding market expectations of 2.7%. On a monthly basis, the index rose 0.3%, meeting forecasts of 0.3% growth. As the Federal Reserve’s preferred inflation gauge… Read More »US Core PCE Inflation Rises 2.8% Annually in June, Tops Estimates
The Executive Director of the White House Cryptocurrency Council has confirmed that the United States government maintains confidentiality regarding its Bitcoin holdings. This policy is implemented due to national security considerations and concerns about maintaining stability in the cryptocurrency market.… Read More »US Declines Disclosure of Bitcoin Holdings Citing National Security and Market Stability
The United States government holds an estimated 29,000 Bitcoin (BTC) in its reserves, significantly less than previous unsubstantiated estimates had suggested. Executive Director Bo Hines of the White House Cryptocurrency Committee oversees the management of these assets, emphasizing strict compliance… Read More »White House Manages Growing Bitcoin Holdings Under Neutral Budget Strategy
Cryptocurrency project NAORIS has secured a listing for its perpetual futures contract (NAORISUSDT) on the global cryptocurrency exchange Bybit. The listing grants traders exposure to NAORIS price movements using derivative instruments on Bybit’s established trading platform, potentially enhancing liquidity and… Read More »NAORIS Expands Market Access with Bybit Futures Listing Amid Call for Crypto Market Vigilance
Bitcoin accumulation is rising significantly among both institutional whales and retail investors, fueled by renewed confidence in the cryptocurrency’s long-term value proposition and macroeconomic catalysts. This accelerated buying activity coincides with anticipation of Bitcoin’s upcoming supply halving event, a historic… Read More »Bitcoin Accumulation Surges Among Whales and Retail Investors Ahead of Halving
Bitcoin continues trading firmly above the critical $110,000 to $117,000 price range identified as the short-term holder cost basis, signaling sustainable market support despite subdued trading volume. This positioning indicates most recent buyers of the cryptocurrency remain in profitable territory… Read More »Bitcoin Holds Strong Above Key Holder Support Zone, Reducing Pullback Risk
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Investment entity The Ether Machine has executed a decisive Ethereum treasury strategy, acquiring 14,928 ETH for $56.9 million at an average price of $3,809.97 per token. This purchase represents part of a $97 million private placement previously raised by the… Read More »The Ether Machine Commits $56.9 Million to Ethereum Treasury Strategy, Signals Long-Term Web3 Confidence
South Korean financial regulators are set to release comprehensive guidelines for cryptocurrency lending platforms, targeting excessive leverage and insufficient disclosures in volatile digital asset markets. The framework establishes asset eligibility criteria and mandates enhanced risk notifications to protect users. A… Read More »South Korea Unveils Stricter Crypto Lending Rules to Curb Investor Risks
Play Solana has partnered with NFT project Pudgy Penguins to release a limited edition gaming console, the PSG1 Gameboy. The core feature involves a buy-and-burn mechanism for the PENGU token: each PSG1 console sale triggers an automatic purchase and permanent… Read More »Play Solana and Pudgy Penguins Launch Limited Edition Gameboy with Token Burn Mechanism
Members of the Shiba Inu (SHIB) community are calling upon billionaire Elon Musk to destroy a portion of the meme coin’s supply. This appeal urges Musk to execute a token burn, aiming to reduce SHIB’s circulating volume and thereby potentially… Read More »SHIB Community Petitions Elon Musk for Token Burn, Citing Vitalik Buterin Precedent
Coinbase has released a satirical video titled ‘Everything is fine’ depicting the United Kingdom’s worsening economic conditions, leveraging dark humor to underscore rising inflation, poverty, and debt levels impacting nearly half of British adults. The tech firm’s critique aligns with… Read More »Coinbase Satire Highlights UK Financial Struggles Amid Crypto Policy Concerns
Binance has commenced a live upgrade of its wallet network infrastructure to enhance overall platform performance, with the maintenance window expected to last approximately 15 minutes. Trading activities on the exchange remain operational throughout the brief upgrade period. The technical… Read More »Binance Wallet Network Upgrade Proceeds as BNB Shows Strong Market Recovery
Binance implemented a temporary suspension of deposits and withdrawals for the RUNE token to facilitate a THORChain network upgrade aimed at bolstering security and operational stability. The halt, which began at the scheduled UTC time, remained in effect until upgrade… Read More »Binance Suspends RUNE Transfers for THORChain Network Upgrade to Enhance Security
South Korea’s financial regulators have issued stark warnings about significant risks tied to cryptocurrency lending and margin trading services. Authorities specifically highlighted concerns over the high-leverage exposure inherent in these products, emphasizing potential investor vulnerabilities. Leading domestic exchanges including Upbit… Read More »South Korean Regulators Warn of Crypto Lending and Margin Trading Risks Amid Exchange Self-Regulation Push
A high-value cryptocurrency trader exited positions on decentralized derivatives platform Hyperliquid, realizing a profit of $13.6 million. Immediately following this transaction, the investor acquired 3,322 ETH through spot market purchases, demonstrating notable conviction in Ethereum’s long-term prospects. Hyperliquid facilitates high-leverage… Read More »Whale Nets $13.6M Profit on Hyperliquid, Deploys Gains into Ethereum Spot Purchase
Significant Dogecoin investors, commonly known as whales, accumulated approximately 310 million $DOGE within a single 24-hour period during a recent price dip. This strategic accumulation appears timed with a price bounce from a key support level near $0.213, suggesting confidence… Read More »Dogecoin Whales Snap Up 310 Million DOGE in 24 Hours, Eyeing Breakout
Ethereum is approaching the pivotal $4,000 resistance level, trading at $3,774 as market analysts highlight this threshold as a critical psychological and technical barrier. A decisive break above $4,000 could trigger a major bullish rally, with short-term targets projected at… Read More »Ethereum Nears $4,000 Breakout with Bullish $9,000 Target in Sight
Industry analysts project Bitcoin could surge to $125,000 by late 2025, propelled by accelerating institutional adoption, favorable regulatory developments, and supportive global liquidity conditions. Increased institutional capital flowing into Bitcoin, including via Exchange-Traded Funds (ETFs) and emerging legislative clarity such… Read More »Bitcoin Forecasted to Reach $125,000 by Late 2025 Fueled by Institutional Surge and Positive Catalysts
A2Z tokens are now available for trading on Bybit’s futures platform, marking a significant expansion for the cryptocurrency across derivative markets. The listing enables traders to access leveraged positions and advanced hedging strategies for the digital asset. As one of… Read More »A2Z Token Listed on Bybit Futures Amid Emphasis on Crypto Market Awareness