A prominent cryptocurrency investor, identified by wallet address ‘0x720’, has executed significant trades demonstrating strategic market repositioning and confidence in Ethereum.
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Ethereum Nears Critical Price Thresholds That May Trigger $3.3 Billion in Liquidations
10:36 29-07-2025 (2 days ago)
Ethereum is approaching pivotal price levels near $3,675 and $4,053 that could force massive liquidations across derivatives markets, creating critical volatility benchmarks for traders. Should Ethereum's price fall below the $3,675 support threshold, approximately $1.969 billion worth of long positions on major centralized exchanges would face liquidation. Conversely, a surge above $4,053 resistance would trigger the liquidation of roughly $1.348...
XRP Futures Hold Steady at $8.8B Despite 15% Price Drop, Signaling Neutral Market Sentiment
22:47 29-07-2025 (1 day ago)
Open interest in XRP futures has remained elevated at $8.8 billion despite a significant 15% price correction from $3.66, reflecting traders' continued commitment to leveraged positions amid market uncertainty. Onchain activity on the XRP Ledger remains notably subdued, with only $134 million in tokenized assets and minimal decentralized finance adoption. This fundamental weakness limits potential bullish momentum despite ongoing ETF...
Tom Lee Points to Strategy’s $2.46B Bitcoin Purchase as Bullish Signal, Sees $250K BTC and Vital Ethereum Role
10:48 30-07-2025 (23 hours ago)
Investor Strategy has significantly expanded its Bitcoin reserves, acquiring 21,021 BTC for $2.46 billion. This strategic move boosts Strategy's total holdings to 628,791 Bitcoins, valued at approximately $74.2 billion based on current valuations. Prominent analyst Tom Lee interpreted the large-scale purchase as a powerful vote of confidence in Bitcoin's long-term value proposition. Lee maintained that this acquisition supports his earlier...
Indonesia Implements Sweeping Crypto Tax Overhaul with Higher Levies
11:55 30-07-2025 (21 hours ago)
Indonesia has enacted comprehensive reforms to its cryptocurrency taxation system, significantly increasing offshore transaction fees and doubling mining levies to regulate its $39.67 billion digital asset market. The changes aim to simplify local investor onboarding while strengthening oversight of the rapidly expanding sector. Effective August 1, 2024, offshore cryptocurrency sales tax increased from 0.2% to 1%, while domestic exchange transaction...
Dormant Bitcoin Wallet Holding 50 BTC Reactivates After 15 Years
06:52 31-07-2025 (3 hours ago)
A Bitcoin wallet containing 50 BTC, dormant for over 15.3 years, has been reactivated, drawing attention to long-term holder behavior and its potential market implications. The wallet, with holdings valued near $5.91 million, suddenly became active. The transaction reactivating the wallet was detected and verified. Reactivation events of long-dormant wallets are viewed as significant indicators. They can potentially impact Bitcoin’s...
Federal Reserve Maintains Interest Rates Amid Crypto Market Watch
18:20 30-07-2025 (15 hours ago)
The Federal Reserve announced it will keep benchmark interest rates unchanged at the current 4.25%-4.50% range. This decision comes as financial markets, including cryptocurrencies, monitor potential macroeconomic impacts of sustained higher borrowing costs. Readers seeking further cryptocurrency news updates are encouraged to follow our Twitter and Telegram channels. Disclaimer: The information provided is for informational purposes only.
XRP Outshines Bitcoin with $189M Institutional Inflows Amid Ethereum’s $1.59B Surge
13:13 28-07-2025 (3 days ago)
XRP recorded $189 million in institutional inflows last week, surpassing Bitcoin which faced $175 million in outflows during the same period. This inflow marks a significant resurgence for XRP amid growing institutional confidence and expectations surrounding potential ETF approvals. Ethereum demonstrated formidable momentum with $1.59 billion in inflows – its second-largest weekly total on record. The substantial capital inflow underscores...
Analyst Predicts Bitcoin Dip Before Major Late-2024 Rally Fueled by Halving Event and Institutional Demand
02:15 30-07-2025 (1 day ago)
CryptoQuant analyst Crypto Dan forecasts a temporary Bitcoin retracement followed by a substantial price surge in late 2024. The anticipated weakness is expected to precede a strong upward movement leveraging favorable macroeconomic catalysts. Market indicators suggest current overheating primarily stems from short-term investor activity, creating a healthier foundation than previous cycles according to the analysis. This pattern implies the projected...
Bitcoin Slides Below $117,000 Amid Profit-Taking and Market Uncertainty
18:25 29-07-2025 (2 days ago)
Bitcoin's price descended to $116,992.72 on Binance's USDT trading pair as investors grappled with profit-taking behaviors, macroeconomic concerns, and ongoing regulatory pressures. This downturn underscores the persistent volatility inherent in cryptocurrency markets. Historical market patterns provide context, with notable parallels to Bitcoin's 2017-2018 bear market cycle and the sharp decline witnessed during the 2020 pandemic-induced crash. Such volatility remains a...
BitMine Approves $1 Billion Stock Buyback to Bolster Corporate Ethereum Holdings
21:40 29-07-2025 (1 day ago)
BitMine has authorized a $1 billion open-ended stock repurchase program to advance its strategic initiative of securing 5% of Ethereum's total circulating supply. This positions BitMine as the largest corporate holder of ETH globally, with current holdings totaling approximately 625,000 Ethereum tokens valued at $2.4 billion based on prevailing market prices. The repurchase plan provides ongoing flexibility for capital allocation...
Ethereum Corrects to $3,780 Amid ETF Inflows and Exchange Exodus, Outlook Remains Bullish
07:58 30-07-2025 (1 day ago)
Ethereum's price has retreated to $3,786 following its recent peak of $3,933, marking a 3.7% correction despite maintaining robust 30-day gains of 56%. The pullback occurs against a backdrop of significant institutional inflows and declining exchange reserves that signal strong long-term confidence. Exchange-traded funds have absorbed $5.1 billion in July alone, including $65.14 million on a single recent day, demonstrating...
Hyperliquid Resolves Frontend Outage While Maintaining Stable Backend Operations
18:25 29-07-2025 (2 days ago)
Hyperliquid experienced a temporary frontend disruption that prevented users from placing, closing, or withdrawing orders on its platform. The interruption, attributed to a potential API-related issue, did not impact backend systems which continued operating normally throughout the incident. Speculation regarding the cause points to either increased user traffic or undiscovered API bugs, though official confirmation of the root cause remains...