The Cardano ecosystem has greenlit a major treasury expenditure of 96 million ADA (approximately $71 million) to advance critical network infrastructure through its decentralized governance process. This allocation, supported by 74% of 213 participating votes, will fund development of the… Read More »Cardano Community Backs $71 Million Treasury Funding for Hydra and Acropolis Upgrades
El Salvador has bolstered its national Bitcoin holdings, acquiring 8 additional coins within the past week. This strategic purchase brings the nation’s total Bitcoin reserves to 6,258.18 BTC, which currently hold a market value exceeding $715 million. The accumulation is… Read More »El Salvador Expands National Bitcoin Reserves to 6,258.18 BTC
Cryptocurrency markets show cautious optimism as Bitcoin accumulation by large holders and institutional investors intensifies, offsetting macroeconomic uncertainty. Key focal points include impending U.S. economic data and regulatory initiatives, collectively shaping near-term price trajectories. Market sentiment is primarily fueled by… Read More »Bitcoin Sentiment Turns Cautiously Optimistic on Whale Activity and Regulatory Developments
The U.S. Securities and Exchange Commission (SEC) is scrutinizing XRP allocations within Grayscale Digital Large Cap Fund (GDLC) and Bitwise Bitcoin and Ether Equal Weight Strategy (BITW), both holding approximately 6% of the cryptocurrency. Public commentary on the funds will… Read More »SEC Reviews XRP Holdings in Grayscale and Bitwise Crypto Funds, Delays Approvals
Tokyo-headquartered investment firm Metaplanet has bolstered its Bitcoin reserves, acquiring 463 BTC during a market downturn. The purchase, totaling $53.7 million, was executed at an average price of $115,895 per Bitcoin. This strategic acquisition increases Metaplanet’s total holdings to 17,595… Read More »Metaplanet Expands Bitcoin Holdings to 17,595 BTC, Targets 1% of Supply by 2027
XRP has retraced 17% from its July high of $3.65, trading at $2.99 amid multiple bearish technical indicators. The appearance of an MVRV death cross—a historically negative signal—suggests potential for deeper price correction despite neutral market sentiment. Market activity shows… Read More »XRP Faces Bearish Pressure with 17% Drop from July Peak Amid Warning Signals
Major cryptocurrency investors, or ‘whales,’ are demonstrating contrasting trading patterns for Bitcoin and Ethereum assets, highlighting varied market outlooks as volatility persists. Ethereum transactions revealed opposing whale behavior: Address 0x3c9E divested 33,682 ETH (valued at approximately $119 million), while SharpLink… Read More »Crypto Whales Exhibit Divergent Strategies Amid Market Volatility
Cryptocurrency markets are showing signs of stabilization following recent significant declines, primarily attributed to substantial outflows from US spot-linked ETFs and broader economic pressures. The initial sell-off triggered heightened volatility as investors reacted with caution amidst ongoing economic uncertainty. Market… Read More »Bitcoin and Ethereum Stabilize Post-ETF Outflows, Institutional Liquidity Buffers Volatility
Metaplanet has increased its Bitcoin holdings with the acquisition of 463 BTC at an average price of $101,422 per coin, representing a $54 million addition to its treasury reserves. This brings the company’s total Bitcoin holdings to 3,782 BTC currently… Read More »Metaplanet Expands Bitcoin Treasury to 3,782 BTC, Announces $3.6B Plan for 100,000 BTC by 2027
A decade-long cautionary tale serves as a stark reminder of the irreversible risks associated with cryptocurrency storage. In 2013, James Howells inadvertently discarded a hard drive containing private keys controlling 8,000 Bitcoin during an office cleanup. The lost Bitcoin, initially… Read More »Long-standing Bitcoin Loss Highlights Critical Importance of Secure Crypto Storage
Bitcoin faces a historically challenging month in August, with critical price support levels near $110,000-$112,000 becoming essential to stave off deeper declines. Over the weekend, Bitcoin experienced a significant 5% drop, testing vital support around $112,000. Historical analysis underscores a… Read More »Bitcoin Braces for Historically Bearish August, Critical Support at $110K-$112K
Input Output Global (IOG), Cardano’s core development team, has secured 96 million ADA (equivalent to $71 million) from the blockchain’s treasury to finance a major network upgrade. The funding will accelerate critical enhancements to Cardano’s infrastructure, focusing on three core… Read More »Cardano Secures $71M Treasury Funding for Scalability and Security Upgrade
The Cardano network has greenlit a 96 million ADA treasury allocation to fund major protocol upgrades targeting scalability enhancements, improved developer tools, and cross-chain interoperability solutions. This strategic investment represents one of the ecosystem’s largest funding initiatives to date. All… Read More »Cardano Approves 96 Million ADA Treasury Funding for Network Upgrades
Bitcoin’s price dynamics show signs of shifting, with a critical technical level emerging and on-chain metrics suggesting easing long-term selling pressure. The cryptocurrency is currently up 1.1% over the last 24 hours but remains down 3.77% for the week. All… Read More »Bitcoin Indicators Signal Potential Rally As Long-Term Selling Pressure Eases
Japanese financial services firm Metaplanet has significantly increased its Bitcoin holdings, acquiring an additional 463 BTC worth ¥7.995 billion ($55.17 million). This latest purchase brings the company’s total Bitcoin reserve to 17,595 BTC. The acquisition is part of Metaplanet’s ambitious… Read More »Metaplanet Expands Bitcoin Treasury to 17,595 BTC, Targets 210,000 by 2027
SharpLink Gaming has significantly increased its Ethereum reserves by acquiring 31,941 ETH worth $108.6 million during a recent market downturn. The transactions were executed through Galaxy Digital’s over-the-counter (OTC) desk using USDC stablecoin. The acquisition elevates SharpLink’s total Ethereum holdings… Read More »SharpLink Gaming Expands Ethereum Treasury to 470,000 ETH with $108.6 Million Strategic Purchase
Binance will implement collateral rate adjustments for 12 margin trading assets across two scheduled phases this August, significantly altering borrowing limits and liquidation risks for leveraged positions. The changes include selective increases of up to 40% and reductions as high… Read More »Binance Adjusts Collateral Rates for 12 Margin Assets in August Phase Updates
Japanese investment firm Metaplanet has purchased approximately $54 million worth of Bitcoin, elevating its total holdings to 17,595 BTC. This acquisition positions Metaplanet as the world’s seventh-largest corporate Bitcoin holder according to public disclosures, surpassing numerous competitors in institutional cryptocurrency… Read More »Metaplanet Acquires $54M in Bitcoin, Ascends to 7th Largest Global Holder
The U.S. Commodity Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC) are jointly developing a regulatory framework for cryptocurrencies, with Bitcoin as a primary focus. This coordinated effort follows White House recommendations seeking to enhance market clarity and… Read More »US Regulators CFTC and SEC Collaborate on Crypto Framework After White House Recommendations
Japanese investment firm Metaplanet has bolstered its Bitcoin reserves by acquiring an additional 463 BTC, bringing its total holdings to 17,595 BTC. This strategic accumulation reinforces Metaplanet’s status as Japan’s leading corporate holder of Bitcoin, positioning it at the forefront… Read More »Metaplanet Expands Bitcoin Holdings to 17,595 BTC Amid Japan’s Corporate Adoption Wave