Author: Digicoinvision

Crypto company The Ether Machine secured $654 million in a private financing round, collecting 150,000 Ether from prominent Ethereum advocate Jeffrey Berns. The funds will be transferred to the company’s wallet later this week, according to a Tuesday report by Reuters. Berns, known for his early investments in Ethereum infrastructure and Web3 initiatives, will join the board of directors. The raise is part of the company’s broader strategy to build a substantial Ether (ETH) treasury ahead of its anticipated Nasdaq debut later this year.The Ether Machine was formed through a merger between the Ether Reserve and blank-check firm Dynamix Corporation.…

RAK Properties, Ras Al Khaimah’s leading publicly listed real estate developer in the United Arab Emirates, announced a partnership with Hubpay to let international buyers purchase units in its Mina beachfront community using major digital assets such as USDT, BTC and ETH, with payments instantly converted to UAE dirhams and settled into RAK Properties’ account. […]

Join Our Telegram channel to stay up to date on breaking news coverage Open interest in the Trump family’s World Liberty Financial (WLFI) token exploded toward $1 billion ahead of a $483 million unlock and listing debuts on exchanges including Binance and OKX, with the token eyeing a potential top-10 crypto ranking Hours before the unlock, open interest in WLFI contracts hit $950 million, before cooling slightly to $797.88 million as of 3:03 a.m. EST, according to CoinGlass. Trading volume surged over 457% in the past 24 hours, topping $4.77 billion. The unlock follows a mid-July community vote to make…

Shiba Inu’s active addresses have crashed over 50% in three months, providing a bearish outlook for the top meme coin. This development has also coincided with the SHIB price crash during this period.  Shiba Inu’s Active Addresses Crash Over 50% Santiment data shows that Shiba Inu’s active addresses have crashed by over 50% since they peaked on May 2 at around 7,800. Since then, this metric has been on a downtrend, dropping to as low as 2,500 earlier in June. Now, the number of active SHIB addresses is currently at an average of 3,000.  Related Reading The drop in Shiba…

Summary Introduction: Amid shaky technicals and mixed emotions, ETH is trading close to $4,377. Present situation: Although institutional inflows of about $500 million into ETFs indicate ongoing confidence, price pressure is still present for the current ETH price prediction. Positive outlook: A possible recovery is supported by Ethereum’s use in DeFi, NFTs, and scaling solutions, as well as capital inflows. Risks: Sell-side pressure and a decline in momentum relative to Bitcoin could affect larger markets, such as stocks. Overall outlook: Neutral to cautious; there are still significant short-term concerns. Ethereum is currently trading at $4,384, indicating a slight decrease of…

Key Takeaway World Liberty Financial (WLFI), the token backed by Donald Trump, is facing serious security threats due to phishing exploits linked to Ethereum’s EIP-7702 upgrade. However, despite risks, trading volumes remain high, boosted by a new partnership with Alt5 Sigma. Donald Trump’s World Liberty Financial’s [WLFI] has entered the market amid a blend of excitement and controversy. The token jumped 135% after its ICO, fueled by high-profile staking activity from Justin Sun and a surge in spot and futures trading. Yu Xian on WFLI’s exploitation However, growing security concerns have dampened the excitement, as SlowMist founder Yu Xian warned that…

Key takeaways:Bitcoin price recaptures $110,000, but bearish pressure persists. BTC must flip the $110,500-$112,000 zone into new support to avoid a deeper correction toward $100,000. Bitcoin (BTC) price was up on Tuesday, rising 2.4% over the past 24 hours to trade above $110,000. Still, while some indicators pointed to a local bottom, other metrics suggested the BTC market structure remained “fragile,” according to Glassnode.Bitcoin traders adopt “defensive stance” Bitcoin’s spot demand was subdued over the past week, with trading volume falling to $7.7 billion from $8.5 billion, a 9% decrease, Glassnode data shows.The decline in spot volume “signals waning investor participation,” the market…

Ethereum scaling solution Starknet suffered another mainnet outage, causing investor concerns over the reliability of the blockchain network.The Starknet layer-2 (L2) blockchain suffered an outage on Tuesday, affecting the mainnet for two hours and 44 minutes, leading to slow block creation and stagnating transactions on the network.The outage was caused by the network’s sequencer, which, in blockchain terms, operates like a traffic controller for onchain transactions, ordering transactions set to be included in a given block.During Tuesday’s outage, the Starknet sequencer was unable to recognize the “Cairo0 code,” according to data from status.starknet.ioSource: status.starknet.ioThis marked the second “major outage” on…

Former kickboxing champion and controversial influencer Andrew Tate is once again back to cryptocurrency trading, after a financial loss on Kanye West’s YZY token.Andrew Tate’s long position on the Trump family-linked World Liberty Financial (WLFI) token was liquidated for a total loss of $67,500 earlier Tuesday on decentralized exchange Hyperliquid.Despite the Loss, Tate continued betting on the WLFI token’s price appreciation, “immediately” opening another long position, according to blockchain data platform Lookonchain in a Tuesday X post.The liquidation occurred less than two weeks after Tate opened a 3x leveraged short position on the Kanye West-linked YZY token, as his cumulative…

The Ethereum Foundation announced that the Holešky testnet is entering its final phase, and the network is scheduled to shut down two weeks after the Fusaka upgrade concludes.According to the Foundation, the network support from client developers, testing groups, and infrastructure providers will formally end once the anticipated upgrade process is completed in November.Holešky began operations in 2023 as Ethereum’s most ambitious public testing environment. Its purpose was to evaluate staking systems and validator performance at scale, creating a space where thousands of validators could trial upcoming changes.Over its lifetime, it played a crucial role in validating network improvements, from…