Author: Digicoinvision
Join Our Telegram channel to stay up to date on breaking news coverage Chimpers, one of the globally acknowledged non-fungible token collections, has surged in nearly all trackable metrics, from daily trading sales volume to its floor price value. In the past 24 hours, the Chimpers non-fungible token collection has seen its daily trading sales volume skyrocket by +1,700%. In this article, we shall assess some of the factors fueling the Chimpers market growth. Chimpers NFTs Jump +1,700% In Daily Sales Volume Data compiled by cryptoslam.io, an on-chain crypto market data aggregator and a non-fungible token series explorer, indicates that…
Tom Lee’s BitMine has purchased another $281 million of ETH, taking the concept of ‘buying the dip’ to a whole new level. When the market sold off, BitMine accumulated. The company’s total Ethereum holdings now exceed 3.03 million ETH, roughly 2.5% of the entire supply, valued at around $12.9 billion.Blockchain analytics from Lookonchain shows additional BitMine-linked wallets receiving over 72,000 ETH ($281 million) in transfers from FalconX and BitGo this week, reinforcing what’s looking like a coordinated strategy by the firm and other OTC desks to build positions into weakness.Whales are back on the huntBitMine is not alone in its conviction. Analysts at WhaleMap and Arkham note that other large investors and institutions have been steadily accumulating Ethereum since…
The cryptocurrency market has been hit with another wave of sell pressure as both the Bitcoin and Ethereum prices plunged sharply, triggering widespread panic and uncertainty. With over $536 million in Spot Bitcoin ETF outflows in a single day, the downturn has sparked renewed fears of an extended bearish phase. Analysts are calling this correction a “Bloody Friday,” a less but still severe reflection of last week’s brutal selloff that wiped billions in the market and saw BTC and ETH spiraling downwards. Related Reading ETF Outflows Trigger Bitcoin And Ethereum Price Crash The recent crash in Bitcoin and Ethereum prices…
Join Our Telegram channel to stay up to date on breaking news coverage US spot Bitcoin ETFs (exchange-traded funds) recorded $366.6 million in outflows on Friday, extending their losing streak to a third day as investors turned risk-off amid renewed concerns over stress in credit markets The withdrawals followed $536 million in outflows a day earlier, the largest single-day net loss since August, amid weakening appetite for risk assets as jitters about US regional banks rippled through markets. That sent Bitcoin plunging to as low as $103,598.43 in the past 24 hours, according to CoinMarketCap. It has since recovered to…
Join Our Telegram channel to stay up to date on breaking news coverage Maelstrom, managed by the family office of BitMEX co-founder Arthur Hayes, plans to raise $250 million for a private equity fund that will buy medium-size crypto infrastructure and analytics firms. The Maelstrom Equity Fund I plans to spend between $40 million and $75 million per deal on as many as six crypto companies, co-founder and managing partner Akshat Vaidya told Bloomberg. Funding for the planned acquisitions is expected to be completed by September 2026. Maelstrom Will Focus On Trading Infrastructure And Analytics Platforms Vaidya said on X that…
Join Our Telegram channel to stay up to date on breaking news coverage Yuga Labs, a renowned web3 lifestyle, media and digital assets incubation company that created the Bored Ape Yacht Club, Mutant Ape Yacht Club and other related non-fungible token projects, has announced plans to host its much-anticipated annual non-fungible token event ApeFest. The NFT annual event “ApeFest 2025” will be held at The Conrad Hotel in Las Vegas, Nevada, on October 24, 2025. NFT Event ‘ApeFest’ Is Happening Next Week In an October 18 blog post, Greg Solano (Garga.eth), the co-founder of Yuga Labs, confirms ready plans for…
Roman Storm, a developer of the Tornado Cash privacy-preserving protocol, asked the open source software community whether they are concerned with being retroactively prosecuted by the US Department of Justice for developing decentralized finance (DeFi) platforms.Storm asked DeFi developers: “How can you be so sure you won’t be charged by the DOJ as a money service business for building a non-custodial protocol?” The DOJ could prosecute a case, arguing that any decentralized, non-custodial service should have been developed as a custodial service, as it did in the case against him, Storm added, citing his recent motion for acquittal, which was filed…
Investors should exercise “discernment” when considering privately-issued stablecoins, which carry all the risks of a central bank digital currency (CBDC) plus their own unique risks, according to Jeremy Kranz, founder and managing partner of venture capital firm Sentinel Global.Kranz called privately-issued stablecoins “central business digital currency,” which feature all of the surveillance, backdoors, programmability, and controls as CBDCs. He told Cointelegraph:“Central business digital currency is really not necessarily that different. So, if JP Morgan issued a dollar stablecoin and controlled it through the Patriot Act, or whatever else comes out in the future, they can freeze your money and unbank…
Opinion by: Ray Song, founder at aPrioriWhen you’ve been around markets long enough, you start to see patterns. The tools we trade on and the rails we build on are never static. In crypto, one of the biggest shifts happening right now is at the base layer.For years, the layer 1 conversation was dominated by Ethereum if you wanted composability and a broad developer base, Solana if you wanted speed and Cosmos if you wanted sovereignty. The choice of L1 felt like picking a trading venue, evaluating fees, liquidity and execution. Lately, however, that decision has moved from tactical to strategic.…
After surging to a record high above $126,000, Bitcoin and the broader crypto market have been shaken by unprecedented volatility — literally. On Friday, crypto markets saw their largest-ever liquidation event, totaling roughly $19 billion. The wipeout surpassed even the worst days of the FTX collapse in 2022, underscoring both how much the market has grown since then and how fragile it remains.The sell-off began in classic crypto fashion. Reports suggest US President Donald Trump may have misinterpreted China’s export controls, sparking a sweeping tariff threat that sent risk assets tumbling. As markets reeled, crypto price feeds briefly showed zero prices…