Author: Digicoinvision
After hitting a new all-time high last month, the Bitcoin price has since retraced by more than 10%, crashing below $110,000 once again. This bearish pressure has continued into the new month, with sell-offs being the order of the day, especially as investors move to secure their profits. Despite calls for a possible bottom, a crypto analyst has suggested that the Bitcoin crash is far from over. In fact, going by the analysis, the decline may just be starting as Bitcoin is expected to tumble further. Why A Crash To $93,000 Is Imminent In the analysis, crypto analyst MMBTtrader acknowledges…
Sonic Labs, the team behind the layer-1 Sonic blockchain, has been given the nod to issue $200 million worth of its S tokens to expand into the US capital markets, including the creation of a proposed exchange-traded product and a Nasdaq-listed investment vehicle.Voting ended on Sunday, with 99.99% of Sonic (S) tokens from 105 wallets used to approve the proposal. The proposal also met the required quorum of 700 million S tokens participating in the vote.The company plans to allocate $100 million in S tokens to build a strategic reserve for a Nasdaq PIPE (Private Investment in Public Equity) vehicle…
During this month, the altcoin market has performed well, getting the spotlight driven by the robust community engagement. The market data discloses that $TRUMP, $XRP, and $SOL have topped the most-discussed altcoins throughout August 2025. As AltsDaddy mentioned in an X post, these leading coins in the top-10 list of the most posted altcoins indicate the growing investor interest in the altcoin market. In addition to this, the data also highlights that the speculation and sentiment continue to push forward the altcoin adoption. August’s Most-Discussed Altcoins Include $TRUMP, $XRP, and $SOL in Leading Positions The list of top posted altcoins…
A Tokyo-listed firm is gearing up for a major XRP purchase to accelerate global finance expansion, targeting remittance dominance and ecosystem-driven revenue growth through blockchain integration. Gumi Aligns With SBI, Eyes XRP-Led Revenue Surge in Global Financial Web Gumi Inc., a company traded on the Tokyo Stock Exchange Prime Market, announced on Aug. 29 that […]
Join Our Telegram channel to stay up to date on breaking news coverage The non-fungible token market has plunged in trading sales volume and floor prices this last week of August. In the past seven days, the global NFT market has raised a trading sales volume of over $127 million, down over 13% from the past week. This recent negative growth indicates the global NFT market cooled after experiencing a resurgence late last month and earlier this month. NFT Sales Fall +13% This Week Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token collection…
The Bitcoin Office of El Salvador reported that these movements would be an answer to quantum computing developments, which have the potential to break bitcoin’s encryption. Nonetheless, analysts believe that this might be a preparation for a possible sale. El Salvador to Move Bitcoin to Face Hypothetical Quantum Threats, but Some Anticipate a Selloff El […]
The Ethereum Foundation has announced that it will be working with the New York-based banking consortium R3CEV on creating a new blockchain-based cryptocurrency, Lizardcoin, which aims to showcase the benefits of blockchain technology as well as the consortium’s ability to bring the technology to institutional clients and the regulation-loving masses by supplementing it with a healthy dose of centralized control. Lizardcoin aims to be a direct competitor to Bitcoin as a store-of-value, beating out Bitcoin’s 21 million fixed supply cap with a first-in-its-class deflationary model, starting with a maximum supply of 20.9 million and then further reducing the supply by…
The “Bitcoin OG,” which began rotating its $11.4 billion fortune to Ether in August, has continued buying ETH over the weekend and now holds $3.8 billion of it, onchain data shows. In its latest move, the Bitcoin whale sold 4,000 Bitcoin (BTC) worth $435 million, exchanging it for 96,859 spot Ether over a 12-hour splurge, Lookonchain said in a post on Sunday. The whale then deposited another 1,000 Bitcoin into decentralized exchange Hyperliquid on Monday, potentially for more Ether (ETH) buying. The blockchain analytics service first noticed the whale on Aug. 25, and calculated its total holdings at 100,784 Bitcoin, worth over…
The “Bitcoin OG,” which began rotating its $11.4 billion fortune to Ether in August, has continued buying ETH over the weekend and now holds $3.8 billion of it, onchain data shows. In its latest move, the Bitcoin whale sold 4,000 Bitcoin (BTC) worth $435 million, exchanging it for 96,859 spot Ether over a 12-hour splurge, Lookonchain said in a post on Sunday. The whale then deposited another 1,000 Bitcoin into decentralized exchange Hyperliquid on Monday, potentially for more Ether (ETH) buying. The blockchain analytics service first noticed the whale on Aug. 25, and calculated its total holdings at 100,784 Bitcoin, worth over…
Bitcoin price is showing bearish signs below $112,000. BTC is struggling to recover and might start another decline below the $108,000 zone. Bitcoin started a fresh decline below the $112,550 zone. The price is trading below $111,000 and the 100 hourly Simple moving average. There was a break below a bullish trend line with support at $108,450 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it breaks the $108,000 support zone. Bitcoin Price Dips Again Bitcoin price attempted a fresh recovery wave from the $107,352 low. BTC was able…