Author: Digicoinvision
Japan-based 3D printed housing firm Lib Work Co. has become the latest non-crypto native company to buy Bitcoin for its corporate treasury, coming just a month after launching an initiative that uses non-fungible tokens to store house designs. In a Monday statement following its board meeting, Lib Work announced plans to purchase 500 million Japanese yen ($3.3 million) worth of Bitcoin (BTC) as a hedge against “inflationary trends” in Japan and the risks of “holding assets only in cash.”“Therefore, our company has decided to adopt a phased approach to acquisition and holding, in response to these risks and to prepare for…
Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin slid toward $115K as $500 million in liquidations shook the crypto market, Dogecoin tumbled on the Qubic community’s planned attack, and Pump.fun topped losers. After touching new all-time highs last week, BTC dropped to $115,297 at 4:47 a.m. EST after tumbling 2.3% in the last 24 hours. Meanwhile the Dogecoin price slid 5% despite being up 10% in the last two weeks after the Qubic community voted to target it in their next 51% attack. The broader crypto market capitalization fell 3.4% to $3.96 trillion, signaling…
Solana started a fresh decline from the $210 zone. SOL price is now showing bearish signs and might decline below the $172 support zone. SOL price started a fresh decline after it failed to clear $210 against the US Dollar. The price is now trading below $185 and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $188 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $188 resistance zone. Solana Price Dips Again Solana price failed to clear…
Ethereum (ETH) has lost some of its upward momentum after nearing its all-time high, mirroring a broader correction across the cryptocurrency market. The second-largest digital asset by market capitalization briefly touched $4,776 last week, just shy of the $4,878 record set in 2021, before retreating. At the time of writing, ETH trades at $4,280, reflecting a 5.7% decline in the past 24 hours and nearly $500 below its recent peak. The pullback comes as analysts closely watch trading activity in derivatives markets. According to data shared by CryptoQuant analyst CryptoOnchain, retail participation in Ethereum’s futures market has surged significantly in…
Key Takeaways Toncoin can be expected to climb towards $10 and $50, provided adoption and usage continue to grow strongly. However, technical analysis and on-chain metrics showed bears had the upper hand at press time. Toncoin [TON] hit its all-time high of $8.25 in June 2024. Since then though, its price trend has been weak on the higher timeframes. Despite it rallying to $3.56 towards the end of July. Even as Bitcoin [BTC] made a new all-time high, and Ethereum’s [ETH] price shot north, The Open Network’s native token was unable to keep pace. However, The Open Network has an…
The cryptocurrency market is experiencing significant price declines, particularly among the three largest digital assets: Bitcoin (BTC), Ethereum (ETH), and XRP. Following record-breaking rallies in the previous week, these cryptocurrencies have seen notable losses, with Ethereum down 5.2%, XRP dropping 3.8%, and Solana (SOL) slipping 6%. Even memecoin Dogecoin (DOGE) has not been spared, losing 5.2% of its value. Crypto Market Faces New Downturn According to a recent report by Barron’s, the recent downturn can be attributed to a combination of macroeconomic factors that have dampened investor optimism. Wholesale price data has also raised concerns about the potential for sustained…
Early Bitcoin investor and billionaire Chamath Palihapitiya filed to raise $250 million in blank-check company “American Exceptionalism Acquisition Corp A,” targeting the decentralized finance, AI, energy and defense sectors.The special purpose acquisition company (SPAC) would be led by Social Capital managing partner Steven Trieu as CEO and Palihapitiya as chairman, according to the registration statement filed with the US Securities and Exchange Commission on Monday. The $250 million raise seeks to offer 25 million shares at $10 each under the ticker AEXA on the New York Stock Exchange.Palihapitiya and Trieu are betting on decentralized finance, not Bitcoin, to lead the next…
Early Bitcoin investor and billionaire Chamath Palihapitiya has filed to raise $250 million in blank-check company “American Exceptionalism Acquisition Corp A,” targeting the decentralized finance, AI, energy and defense sectors.The special purpose acquisition company (SPAC) would be led by Social Capital managing partner Steven Trieu as CEO and Palihapitiya as chairman, according to the registration statement filed with the US Securities and Exchange Commission on Monday. The $250 million raise seeks to offer 25 million shares at $10 each under the ticker AEXA on the New York Stock Exchange.Palihapitiya and Trieu are betting on decentralized finance, not Bitcoin, to lead the…
The total value locked (TVL) in Polygon’s (POL) DeFi ecosystem is up nearly 43% since the start of this year.According to DefiLlama data, the network recorded $864 million in TVL on Jan. 1, and added roughly $400 million in the following months to hit $1.23 billion as of Aug. 18.Furthermore, the POL price reflected the TVL growth in the past 30 days, rising above the sector’s average.Growth driven by traditional protocolsIn the past 30 days, Polygon’s TVL increased 7% and reached its highest level since mid-December. The network’s flagship DEX, QuickSwap, and the prediction market Polymarket were the two main…
In a market that never sleeps, meme coins are stealing the spotlight once again, and three names are dominating the conversation. Arctic Pablo Coin, Mog Coin, and Moo Deng are shaping up as the top cryptos to buy now, each with its own unique flavor of opportunity. From Pablo’s adventurous presale journey across icy frontiers, to Mog’s Solana-fueled rise, to Moo Deng’s scarcity-driven rebound potential, these tokens aren’t just digital assets—they’re stories of risk, reward, and the thrill of being early. Arctic Pablo Coin ($Apc) – The Icy Quest For Riches In the heart of an icy expanse where myths…