Author: Digicoinvision
Key points:Bitcoin takes another shot at price discovery as volatility returns with Wall Street traders.Crypto liquidations pass $500 million in 24 hours.Ether comes within $150 of new all-time highs as institutional interest surges.Bitcoin (BTC) sought new highs at the Wednesday Wall Street open as institutional demand punished late shorts.BTC/USD one-hour chart. Source: Cointelegraph/TradingViewBitcoin, altcoin volatility liquidates $500 millionData from Cointelegraph Markets Pro and TradingView showed BTC/USD piercing the $122,000 mark before cooling.Up 1% on the day, the pair faced resistance around its current all-time high as short positions were liquidated across crypto markets.Data from monitoring resource CoinGlass put total 24-hour…
Account restrictions are being crushed as Coinbase unleashes AI-powered compliance, voice support, and self-service tools to deliver faster resolutions and seamless control for crypto users. Coinbase Turns the Tide on Account Restrictions With Self-Service and Speed Crypto exchange Coinbase (Nasdaq: COIN) announced on Aug. 14 that it is implementing a range of user experience and […]
Investments in Web3 gaming projects surged to $60 million in July, reversing a three-month lull, with investors now focusing on games built around fun, according to blockchain analytics platform DappRadar.March still has the highest month for Web3 gaming funding this year at $69 million, but after a slump in April, May and June, capital is flowing again “primarily to projects with proven teams, strong IP, or infrastructure supporting multiple games,” DappRadar analyst Sara Gherghelas said in a report published on Thursday. However, smaller studios are suffering, and projects without traction or sustainable economies are closing or pivoting, according to Gherghelas.“It’s a…
Investments in Web3 gaming projects surged to $60 million in July, reversing a three-month lull, with investors now focusing on games built around fun, according to blockchain analytics platform DappRadar.March still has the highest month for Web3 gaming funding this year at $69 million, but after a slump in April, May and June, capital is flowing again “primarily to projects with proven teams, strong IP, or infrastructure supporting multiple games,” DappRadar analyst Sara Gherghelas said in a report published on Thursday. However, smaller studios are suffering, and projects without traction or sustainable economies are closing or pivoting, according to Gherghelas.“It’s a…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is on the verge of rewriting history, trading near $4,792 — its highest level since November 2021 and just shy of its all-time high (ATH) around $4,860. The recent surge has cemented bullish control over the market, with buyers steadily pushing prices higher after weeks of strong momentum. However, many analysts are cautious, noting that the ATH zone is a critical resistance level that may take several days, or even weeks, to decisively break. While the technical setup remains overwhelmingly positive, a wave of speculation has…
Key Takeaways Cardano has blown past most L1s, eyeing the $1 mark. Social chatter’s spiking, and the Grayscale ETF filing is giving bulls something to cheer about. Is ADA finally ready to run, or is this just another head fake? After five months of chop, Cardano [ADA] finally cleared $0.90 resistance on the third attempt. Social Volume also surged 20k+, at press time, signaling renewed trader interest. Technically, momentum hasn’t fully kicked, leaving room for spot demand before hitting the next supply cluster. With Grayscale filing for a spot ADA ETF, both on-chain and sentiment signals are aligning. Whale activity…
US Treasury Secretary Scott Bessent has clarified that his department is still exploring budget-neutral ways to buy Bitcoin for the Strategic Bitcoin Reserve — contrasting with his recent comments suggesting the plan was off the table, which triggered a Bitcoin sell-off.“Treasury is committed to exploring budget-neutral pathways to acquire more Bitcoin to expand the reserve, and to execute on the President’s promise to make the United States the ‘Bitcoin superpower of the world,’” Bessent clarified in an X on Thursday. He reiterated that the Bitcoin (BTC) forfeited to the federal government would form the reserve’s foundation.There were already concerns that the…
Join Our Telegram channel to stay up to date on breaking news coverage Bullish, the crypto exchange backed by PayPal co-founder Peter Thiel, surged 15% in premarket trading after soaring as much as 218% on its NYSE debut yesterday, with Cathie Wood’s ARK Invest snapping up a $172 million stake. The company raised $1.1 billion in the offering, with BlackRock among heavy-weight investors that bought shares. ARK’s Innovation ETF acquired 1.7 million shares, while its Next Generation Internet and Fintech Innovation ETFs added more than 800,000 combined. Bullish increased its share issuance to 30 million ahead of the IPO to…
After stating the U.S. government won’t buy bitcoin, the Treasury chief now clarifies plans to expand the Strategic Bitcoin Reserve using budget-neutral strategies that avoid new spending. US Eyes Budget-Neutral Bitcoin Acquisition to Expand Strategic Reserve, Treasury Secretary Reveals U.S. Treasury Secretary Scott Bessent took to social media platform X on Aug. 14 to clarify […]
Coinbase, the largest US-based exchange, has reportedly lost $300,000 to MEV bots following a misconfiguration involving 0xProject’s token swap platform.On Aug. 13, pseudonymous security researcher Deebeez revealed that Coinbase mistakenly used the 0x swapper to approve tokens, a function it was never designed for.He noted:“0x has a swapper which is never meant to get approvals This same swapper is known to have had issues with Zora claims on Base, since it allows users to have it make arbitrary calls.”According to him, this approval granted unlimited access to the tokens accrued as fees in the exchange’s router, creating an opening for…