Author: Digicoinvision
Bitcoin Price Weekly Outlook Bitcoin price closed last week at $115,333, rejecting the $118,000 resistance level. After three straight weeks of gains, Bitcoin bulls finally lost steam — and the Fed’s rate cut wasn’t enough to break $118,000. The U.S. Federal Reserve cut the key interest rate by 25 basis points as anticipated, which provided a boost for markets to close out the week, but it wasn’t enough. Bitcoin price made a move to $118,000 on Thursday after the Fed’s announcement, but was pushed back just shy of this critical resistance level. Sunday’s close gave us a shooting star doji…
AI-powered Web3 social platform and infrastructure UXLink saw its crypto token collapse by over 90% after a malicious actor minted billions of unauthorized tokens. On Tuesday, the project announced that it had identified a breach involving its multisignature wallet. The company said a significant amount of crypto was being illicitly transferred to centralized and decentralized exchanges (DEXs). UXLink said it had reached out to exchanges to freeze suspicious deposits and reported the incident to law enforcement. In another update, the company confirmed some of the funds had been frozen with the help of exchanges. “A large portion of the stolen assets has already…
The number of crypto millionaires has risen by 40% year-on-year to 241,700, fueled by Bitcoin’s price rally and the broader crypto market valuation pushing past $3.3 trillion by mid-2025, according to a new report.The number of crypto centimillionaires — people with crypto holdings above $100 million — rose 38% to 450, while the crypto billionaire count jumped 29% to 36 by the end of June, wealth and citizenship advisory firm Henley & Partners said in its Crypto Wealth Report on Tuesday.“This significant growth coincides with a watershed year for institutional adoption,” Henley said. Public companies and major financial firms have increasingly…
Solana (SOL) seems stuck in a holding pattern lately. While it’s not crashing, experts note that SOL is also not breaking out with the energy many had hoped for. Meanwhile, a newcomer, Rollblock (RBLK), is taking center stage. With substantial presale numbers, appealing tokenomics, and a real-utility promise, Rollblock is being tipped as a possible breakout winner for those looking beyond the usual suspects. Rollblock: The Breakout Contender Rollblock (RBLK) is rapidly establishing itself as one of the best crypto projects of the year with its combination of practical use, transparent mechanisms, and healthy tokenomics. The project has already raised…
Bitcoin’s rising institutional appeal, record-breaking price moves, and growing role as a macro hedge could secure its place alongside gold in reserves, Deutsche Bank says. Deutsche Bank Sees Bitcoin Coexisting With Gold in Global Reserve Portfolios Deutsche Bank published a report by its Research Institute on Sept. 22 titled “ Bitcoin vs. Gold: The Future […]
Join Our Telegram channel to stay up to date on breaking news coverage Former presidential candidate Vivek Ramaswamy’s asset management firm Strive Inc. will acquire Semler Scientific in an all-stock deal that will create the 11th-largest Bitcoin treasury firm. The deal will give the combined company more than 10,900 Bitcoin, ranking it ahead of 12th-placed Hut 8 Mining Corp. and behind Tesla, Inc. in BitcoinTreasuries‘ ranking of the biggest corporate holders of BTC. The transaction has been unanimously approved by the boards of directors of Strive and Semler Scientific, according to a joint statement. 🔥STRIVE ACQUIRES SEMLER – THE NEW…
Global crypto leadership is accelerating as the U.S. and U.K. deepen digital asset ties, aiming to redefine blockchain standards and fuel unstoppable innovation. Ripple Signals Regulatory Ambitions in US-UK Digital Asset Summit Stronger collaboration on digital assets between the United States and the United Kingdom took center stage at a Downing Street roundtable on Sept. […]
The US Commodity Futures Trading Commission is looking to allow tokenized assets, including stablecoins, to be used in derivatives markets as collateral in a move supported by crypto executives.CFTC acting chair Caroline Pham said on Tuesday that her agency will “work closely with stakeholders” on the scheme and is encouraging feedback on using tokenized collateral in derivatives markets until Oct. 20.“The public has spoken: tokenized markets are here, and they are the future. For years I have said that collateral management is the ‘killer app’ for stablecoins in markets.”If implemented, stablecoins like USDC (USDC) and Tether (USDT) would be treated…
Key takeaways: Buying among retail and whale-sized traders helped slow down the BTC price sell-off, but bears still have a good chance of exploiting long liquidations to $106,000. Spot and perpetual futures volumes lack aggression, preventing a lasting trend reversal, and sellers continue to sell into price rebounds. Bitcoin (BTC) bulls are fighting to hold the $112,000 level just a day after the crypto market witnessed its largest single-day long position liquidation for the year. On Monday, $1.62 billion in long positions were liquidated, and as the market attempts to recover, Glassnode analysts warn that the Bitcoin bull market could be entering…
Key takeawaysStablecoins reduce settlement time, cross-border costs and enable programmable rewards. They outpace traditional credit card systems.US merchants pay over $100 billion in card fees yearly. In comparison, stablecoins offer much cheaper, faster payments.Ripple’s RLUSD, Gemini’s XRP Card and Moca’s Air Shop show stablecoins moving into mainstream commerce.With big players exploring adoption, stablecoins are positioned to become central to US payment systems.Since stablecoins first emerged in 2014 to provide price stability in the volatile cryptocurrency market, they have redefined traditional banking. They have separated the core functions of storing and transferring money, which allows fintechs to build programmable services on…