Author: Digicoinvision
Key Takeaways Solana futures OI hits $7.59 billion as speculators pile in. It shows a high-beta momentum chase toward the $220 level. Is a shakeout inevitable? This leg of the market is starting to feel like the Solana [SOL] trade. Less than two weeks into September, Solana has already clocked a clean 10.56% ROI, tripling Bitcoin’s [BTC] 3% bid and leaving Ethereum [ETH] lagging with -1.52% drawdown. Backing this, the SOL/ETH ratio was observed to be breaking out. It rallied 12.2%, making it the sharpest weekly rally since Q2. In short, flows are chasing volatility where it’s strongest, and right…
Key takeaways:Bitcoin’s Bollinger Bands indicator reached a critical turning point for bulls.Bitcoin’s cup-and-handle pattern targets $300,000, backed by multiple tailwinds.A Bitcoin indicator used by traders to assess volatility has reached a critical turning point, suggesting that a significant price move may be underway.Crypto trader and analyst Matthew Hyland noted that Bitcoin’s (BTC) Bollinger Bands — a tool that measures the momentum and volatility of an asset within a certain range — have reached their “most extreme level” in the monthly time frame since its inception in January 2009.BTC/USD monthly chart. Source: Matthew HylandHe wasn’t the only trader to spot the…
Join Our Telegram channel to stay up to date on breaking news coverage SharpLink Gaming, the second-biggest Ethereum treasury firm globally, has started a $1.5 billion share buyback program as its stock trades below its Net Asset Value (NAV). To kick off the program, SharpLink bought approximately 939,000 shares of its common stock at an average price of $15.98, the company said in a statement. That helped send SharpLink’s share price up 6% to close Tuesday’s trading session off at $16.69, according to Google Finance. The buying activity continued in after-hours trading, with the company’s share price climbing another 0.48%.…
Robin Energy Ltd., a Cyprus-based international ship-owning firm providing energy transportation services, said it completed its initial $5 million bitcoin ( BTC) allocation as part of a newly adopted treasury framework. Robin Energy Allocates $5M to Bitcoin, Highlights Scarcity Case The company said on Wednesday that the purchase was executed through Anchorage Digital Bank N.A. […]
SOL Strategies CEO Leah Wald outlined how Solana-focused digital asset treasury companies can drive institutional adoption and exchange-traded fund (ETF) flows.In an interview with CryptoSlate, Wald noted that multiple Solana treasury companies create a “rising tide” effect similar to Bitcoin miners benefiting alongside Bitcoin ETF inflows.She noted the parallel between Bitcoin ecosystem dynamics, where miners receive inflows alongside spot and futures ETFs, suggesting similar potential for Solana-focused companies.Wald explained:“You’ve always seen that in the past where miners get inflows, like Bitcoin miners. ETF gets inflows alongside Bitcoin spot and Bitcoin futures ETFs get inflows.”She described the phenomenon as retail investors…
While the total crypto market capitalization is down 0.5% today, smart money traders have made huge profits this week. Large-cap cryptos like Solana and Hyperliquid have surged, and this has opened the door for massive returns among lower market cap plays. Solana has rallied 1% today and 5.7% this week to hit $220 for the first time since January. Meanwhile, Hyperliquid has gained 22% this week and hit a new all-time high (ATH), making it the best-performing crypto inside the top 40 by market cap. But as Solana and Hyperliquid rally, investors are also betting on brand new tokens that…
XRP has entered a shocking new phase of development, with reports confirming its ledger’s use in debt tokenization. This development comes when the United States (US) faces a multitrillion-dollar debt problem, drawing attention to the XRP Ledger’s (XRPL) potential role in modernizing how debt is managed and settled on a larger scale. As adoption for XRPL accelerates, its integration into debt-related infrastructure highlights how blockchain technology is beginning to intersect with the world’s largest financial challenges. XRP Ledger: A Potential National Debt Solution Crypto analyst SMQKE has alerted the crypto community to a shocking World Economic Forum (WEF) report, highlighting…
Crypto exchange Gemini has upped its initial public offering ahead of its debut on Friday and is now aiming for a valuation exceeding $3 billion, showing growing investor interest in crypto-related companies.The updated prospectus, filed with the Securities and Exchange Commission on Tuesday, said that the Cameron and Tyler Winklevoss-founded firm now intends to sell its stock in the range of $24 and $26, up from its initial $17 to $19 offer.The exchange will offer around 16.67 million shares, the same as before, and aim for a raise of $433 million, up from its goal of raising $317 million in…
Avalanche (AVAX) has been riding a wave of optimism as bulls push for a breakout above the crucial $27–$28 resistance zone. Currently, AVAX trades just above $26.5, marking its fourth consecutive day of gains. Related Reading The move comes as Ava Labs strengthens its ecosystem with two high-profile partnerships: an MoU with Korean firm WeBlock to expand real-world asset (RWA) tokenization and a collaboration with Toyota Blockchain Lab on mobility infrastructure. AVAX’s price trends to the upside on the daily chart. Source: AVAXUSD chart from Tradingview Strategic Partnerships Drive Real-World Adoption for Avalanche The WeBlock deal is set to introduce…
Hi, Jutta writing again – I initially introduced myself when we started the bounty program earlier this year and I’m happy to provide you with an update on what’s happening on the security side prior and throughout launch. We have had some high quality submissions by bounty hunters – kudos for the creative exploits sent along that the bugs made possible. The number of submissions recently rose. Hence we decided and are announcing that we will continue the bounty program at least throughout the Frontier phase of Ethereum’s launch plan – see Gav’s and Vinay’s respective blog posts. Please go…