Author: Digicoinvision
Bitcoin’s price retreated below $115,000 on Monday as two major corporate buyers, Strategy and Metaplanet, announced additions to their Bitcoin treasuries, highlighting the growing trend of institutional accumulation despite market volatility. Metaplanet, the Tokyo-listed company, acquired 775 BTC for approximately $93 million at an average price of $120,006 per coin, bringing its total holdings to 18,888 BTC acquired for $1.94 billion. The purchase maintains the company’s position as the seventh-largest corporate Bitcoin holder, with an average acquisition cost of $102,653 per Bitcoin across all purchases. “Metaplanet now hold ~$2.18 billion in $BTC against just ~$0.12 billion of outstanding 0% ordinary…
The global non-fungible token market is heating up again in August. In yet another week, the global non-fungible token market has recorded positive growth, marked by a rise in trading sales volume and buyers. In the past seven days, the NFT market has recorded a trading sales volume of $148 million. During this period, the NFT market has seen over 300,000 people buying NFT collections. NFT Weekly Sales Hit $148M Data compiled by cryptoslam.io, a crypto market data aggregator and a multi-chain non-fungible token collection explorer, shows that the global non-fungible token market has slightly surged in trading sales volume…
Thailand is rolling out a landmark crypto-to-baht conversion system for tourists, fusing digital asset regulation with e-money infrastructure to energize spending and boost tourism. Thailand Introduces Controlled Crypto Conversion for Boosting Travel Economy The Securities and Exchange Commission (SEC) of Thailand, in collaboration with the Ministry of Finance, the Anti-Money Laundering Office (AMLO), and the […]
Devcon season is finally here. Days from now, Devcon participants from across the world will begin to make their way to Osaka, and as we approach the final countdown, we’ve made number BIG online releases at Devcon.org! We invite everyone to meet the incredible class of Devcon presenters! Now online here, we’re welcoming speakers, Workshop and Lightning Talk participants and other presenters to Devcon5. All in all, this year’s event will feature the largest class of Devcon participants ever! Next, the Ethereum Foundation is excited to announce this year’s Devcon Sponsorship and Scholarship supporters. Leaders from across industries have lent…
Key takeawaysXRP price must reclaim $3 support to avoid a deeper correction to $2.24.Spot taker CVD remains negative, suggesting waning demand.XRP (XRP) showed weakness on Monday, down 5% over the last 24 hours, and trading at $2.97. Multiple technical and onchain indicators suggested that the second-biggest altcoin must reclaim $3 support to avoid a deeper correction toward $2.24.XRP price bulls must hold $3The latest sell-off has seen XRP price drop below the psychological $3 level.The last time XRP saw a high volume close below it was in January, preceding a 50% drop to $1.61 in April.Related: XRP futures OI jumps…
The unclear state of Spain’s cryptocurrency taxation led to a trader being taxed millions for an operation that should not constitute a taxable event. Analysts agree that this uneven situation will continue, as there are no clear determinations on which operations can be taxed. A 5M Euro Transaction: How Spain’s Unclear Taxation Affects Crypto Traders […]
Tech giant Google has become the largest shareholder of TeraWulf, holding 14% of shares, after receiving more stock in exchange for increasing its backstop in the lease deal between the Bitcoin miner and AI infrastructure provider Fluidstack.TeraWulf disclosed in a shareholder call on Thursday that it inked a 10-year colocation lease agreement with Fluidstack. Google is supporting the lease obligations through a financial guarantee known as a backstop and receiving warrants to purchase shares in return.Speaking to Cointelegraph, Kerri Langlais, the chief strategy officer of TeraWulf, said Google’s backstop in the agreement has now increased to $3.2 billion total in…
Ethereum price started a downside correction below the $4,550 zone. ETH is showing some bearish signs and might decline toward the $4,120 support zone. Ethereum started a fresh decline below the $4,550 and $4,420 levels. The price is trading below $4,450 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $4,450 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $4,200 zone in the near term. Ethereum Price Dips Again Ethereum price failed to recover and started a fresh decline…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is navigating renewed volatility after weeks of relentless gains and bullish momentum. The world’s second-largest cryptocurrency surged to its highest levels in years, but bulls are now locked in a battle to defend the $4,200 mark. This price point has emerged as a crucial short-term support, with institutional buyers continuing to accumulate ETH despite recent turbulence in broader markets. What stands out in this phase is Ethereum’s exchange inflow activity compared to Bitcoin. Over the past month, the two assets have displayed sharply different patterns. While…
Key Takeaways ADA could fall 6.5% if it closes a daily candle below the $0.90 level. Futures trading volume reached a five-month high of $6.96 billion, hinting at rising interest in the asset. It has been four consecutive days of sideways movement for Cardano [ADA], but traders’ interest in the asset has skyrocketed. The sharp price drop has pushed ADA into a make-or-break situation. Current price and record surge in Futures On the 18th of August, Cardano’s price slipped 3.5%, reaching the lower boundary of consolidation at $0.91. Despite the sharp decline, investor and trader participation has increased, with trading…