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Bitcoin Plunges Below Critical $113K Threshold Amid Macro Pressures and Whale Actions

23:16 01-08-2025 （8 hours ago）

The price of Bitcoin has broken below the crucial $113,000 support level, driven by multiple converging factors that underscore ongoing market volatility. Macroeconomic headwinds, large holder sell-offs ('whale activity'), lingering regulatory uncertainties, and technical breakdowns collectively triggered the downturn. The breach of the $113,000 threshold activated automated sell orders within trading systems, accelerating the descent. Technical charts indicate this level...

Ethereum Evolves into Foundational Layer for Global Finance and Digital Assets

19:22 30-07-2025 （2 days ago）

Ethereum is consolidating its position as a cornerstone for global financial systems and digital assets. This evolution is driven by significant advancements in scalability, accelerating institutional adoption, and the persistent innovation fostered by its community. A decade of development underscores Ethereum's trajectory towards becoming a financial and digital infrastructure powerhouse. Key to this growth is the increasing embrace by institutional...

Binance Launches $3.2M Trading Competition on BNB Smart Chain to Boost Token Adoption

15:02 30-07-2025 （3 days ago）

Binance has initiated a $3.2 million token trading competition on its Binance Alpha platform to enhance adoption and liquidity within the BNB Smart Chain ecosystem. The event features prominent tokens ASP, ZRC, YALA, and TA for spot trading. Participants are ranked based on their trading volumes of the featured tokens, with rewards allocated accordingly to top performers. The competition is...

Bitcoin Consolidates Near $118,200 Ahead of FOMC Rate Decision

10:48 30-07-2025 （3 days ago）

Bitcoin's price remains rangebound near $118,200 as traders await the Federal Open Market Committee's (FOMC) interest rate decision. Market participants exhibit caution regarding potential market-moving comments from Fed Chair Jerome Powell during this highly anticipated meeting. Technical analysis shows Bitcoin faces stiff resistance near $120,000. A decisive breakout above this threshold with substantial trading volume could ignite bullish momentum toward...

Myriad Protocol Launches on Ethereum Layer-2 Linea to Revolutionize DeFi Prediction Markets

18:42 31-07-2025 （2 days ago）

Myriad Protocol has officially launched on Ethereum Layer-2 network Linea, introducing scalable multichain capabilities and pioneering prediction contracts to decentralized finance (DeFi) ecosystems. This integration enables the protocol to serve hundreds of thousands of users, leveraging Linea's enhanced transaction throughput for efficient operations. The protocol's core multichain strategy treats independent blockchains as distinct ecosystems, ensuring broad accessibility across diverse networks....

Tron Whale Activity Intensifies with 526% Surge in Large Transactions Amid Market Volatility

12:17 30-07-2025 （3 days ago）

Tron (TRX) has recorded a remarkable 526% surge in large transaction volume over 24 hours, reaching $1.58 billion. This spike signals heightened activity from major investors—commonly termed 'whales'—and underscores robust network demand despite prevailing market fluctuations. Supporting this momentum, TRX on-chain transfers grew 61% year-over-year, with transactions totaling $5.4 billion in June. The increased network usage highlights TRX’s expanding utility...

Metaplanet Aims for 1% of Bitcoin Supply with $3.5 Billion Preferred Share Offering

11:09 01-08-2025 （20 hours ago）

Metaplanet has unveiled a bold strategy to raise 555 billion yen ($3.5 billion) through Bitcoin-backed preferred shares, accelerating its journey toward holding 210,000 BTC by 2027 – equivalent to approximately 1% of Bitcoin's total supply. The issuance comprises two distinct classes: Class A 'Non-Convertible' shares valued at 277.5 billion yen and Class B 'Convertible' shares worth an equal amount. This...

SEC Launches Project Crypto to Modernize U.S. Blockchain Regulations

20:54 31-07-2025 （1 day ago）

The U.S. Securities and Exchange Commission (SEC) has initiated Project Crypto, a comprehensive effort to update blockchain regulations and address ambiguities surrounding digital assets. This initiative aims to foster innovation while strengthening compliance protocols within the rapidly evolving cryptocurrency landscape. Central to the project is an overhaul of securities regulations for decentralized finance (DeFi), establishing clear legal frameworks to govern...

Tornado Cash Co-Founder Roman Storm Faces Charges Over Alleged Money Laundering Role

22:58 30-07-2025 （2 days ago）

Roman Storm, co-founder of the cryptocurrency mixing service Tornado Cash, is currently undergoing trial for charges related to allegedly facilitating large-scale money laundering. Prosecutors assert that Storm operated the platform as a money laundering tool, specifically citing approximately $350 million traced from sanctioned entities, including the North Korean state-backed hacking group Lazarus, that flowed through Tornado Cash. Storm confronts multiple...

TON Blockchain Sets 2027 Goal for Mass Adoption via Telegram Integration

15:29 30-07-2025 （3 days ago）

The Open Network (TON) blockchain has unveiled its ambitious roadmap to become the first mass-adopted everyday blockchain by 2027. This vision leverages its native integration within the Telegram messaging platform, directly exposing blockchain capabilities to over 900 million global users without requiring external wallets for access. TON eliminates traditional cryptocurrency barriers by abstracting complex elements including gas fees and private...

US Bitcoin Spot ETFs See $114.8 Million Outflow, Fidelity and ARK Funds Lead Withdrawals

04:06 01-08-2025 （1 day ago）

US-listed spot Bitcoin exchange-traded funds (ETFs) recorded a significant net outflow of $114.8 million. The substantial withdrawal pressure was primarily driven by two funds: Fidelity's FBTC experienced a net outflow of $53.6 million, while the ARKB fund managed by ARK Invest saw $89.9 million withdrawn. Significant outflows from these ETFs can impact Bitcoin market liquidity and potentially signal shifting investor...

Cybercriminal Sentenced for Hijacking Verified X Accounts to Steal $794,000 in NFTs and Crypto

21:57 30-07-2025 （2 days ago）

A 22-year-old cybercriminal has been sentenced to one year in prison following convictions related to stealing nearly $800,000 worth of NFTs and cryptocurrency through a series of deceptive social media raffle scams. The individual hijacked verified X accounts belonging to prominent digital artists and brands. Using these compromised accounts, they posted fraudulent links promoting non-existent NFT raffles designed to trick...