Author: Digicoinvision
Cathie Wood’s ARK Invest bought 2.53 million shares of crypto exchange Bullish across three of its exchange-traded funds (ETFs) on Wednesday, in the company’s successful IPO.According to trade notifications, the ARK Innovation ETF (ARKK) picked up 1,714,522 shares, the ARK Next Generation Internet ETF (ARKW) added 545,416 shares and the ARK Fintech Innovation ETF (ARKF) bought 272,755 shares. At Bullish’s $68 closing price, the combined purchases were worth about $172 million.Bullish’s stock ended its first trading session up 83.8% from its IPO price of $37, closing with a market capitalization above $10 billion. Shares jumped another 11.2% in after-hours trading.The…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Corporate competition for ETH dominance is heating up, as Bitmine, a blockchain technology company, has just surpassed SharpLink Gaming to claim the top spot in the Ethereum treasury race. Both companies are already accelerating their accumulation strategies, signaling a new era where ETH is becoming a centerpiece for corporate treasuries. Bitmine Overtakes SharpLink In Ethereum Treasury Race The race to dominate corporate Ethereum treasuries has entered unprecedented territory. Bitmine now holds a record-breaking 1.2 million ETH, worth nearly $4.9 billion, cementing the company’s position as the largest…
What if a coin could take you on an epic adventure and deliver returns that turn heads? That’s exactly what’s happening as Arctic Pablo Coin (APC) closes in on the finish line of its meme coin presale, unlocking a blend of mythical storytelling and serious earning potential. While ApeCoin (APE) just fired up its community with a live AMA and Dogwifhat (WIF) is charging toward key resistance levels after a bullish streak, APC’s numbers are stealing the scene. With over $3.36 million raised, the 36th and final phase—Horizon Haven—is 98% complete. At $0.0008, APC is positioned for a 900% jump…
What is the Lightning Network? It is generally spoken about in analogies, metaphors or direct explanations of purpose. “It’s the checking account, versus on-chain as the savings account.” “It’s a series of tubes like the internet, with bitcoin flowing through them.” “It’s a quick, instant-settlement layer of bitcoin.” What it really is is a network of payment channels, where people lock bitcoin into a multisignature address, and update the state of balance distributions off-chain. It’s how we are going to scale Bitcoin — or at least part of how we are going to scale Bitcoin. In the short “Explainer” series…
Join Our Telegram channel to stay up to date on breaking news coverage The cryptocurrency market is roaring back to life, with OKB leading the charge after soaring more than 136% in the past 24 hours. Solana, Ethereum, and Dogecoin also posted impressive gains as bullish momentum envelopes the sector. OKB surged from $44.50 to $107.86 in just 24 hours after a major token burn slashed its circulating supply by 52%. Solana (SOL) jumped 13.6% to $201.8 on strong DeFi growth and rising institutional demand, while Ethereum (ETH) climbed 6.9% to $4,703.91, nearing its all-time high on bullish momentum. Dogecoin…
Falconx has announced the expansion of its Prime Connect product through an integration with Copper’s Clearloop network, enhancing off-exchange settlement capabilities for its Direct Market Access (DMA) clients trading on Bybit. This integration allows clients to custody their assets off-exchange while trading, thereby reducing counterparty risk associated with exchange-held funds. Falconx’s DMA offering provides a […]
Ethereum has posted significant gains over the past week, rising 29% and approaching its all-time high near $4,800 set in 2021. At the time of writing, ETH trades at $4,662, putting it within range of the $4,750–$4,800 resistance zone that has historically marked a key supply area for the market. This price move coincides with unprecedented network activity and notable on-chain flows that analysts say could influence the short-term price direction. Related Reading Ethereum Record Network Activity Meets Price Resistance Data from CryptoQuant contributor CryptoOnchain shows that daily Ethereum transactions have reached a record high of approximately 1.875 million. This…
Ether’s recent rally to over $4,700 is being largely propped up by expectations of a US federal rate cut in September, which could prove disastrous if it doesn’t eventuate, crypto analysts warn.“The main issue right now is that the whole market move is based on an assumption that the Fed will give the market a rate cut next month,” Swyftx lead analyst Pav Hundal told Cointelegraph on Thursday, as Ether (ETH) continues to trade at only 2.80% below its 2021 all-time high, according to CoinMarketCap data.Market participants are expecting a 95.8% chance the Fed will cut rates in September, according…
Ethereum is trading above $4,700, just 4% shy of its all-time high, as Bybit releases a report outlining its evolution and roadmap to 2035. The analysis predicts massive scaling, institutional adoption, and ETH’s rise as a benchmark yield asset. Ethereum’s Next Decade of Scaling and Institutional Adoption Projected by New Bybit Report Ethereum is closing […]
Circle, a publicly traded US company and the issuer of USDC stablecoin, said it will launch a layer-1 (L1) blockchain compatible with the Ethereum Virtual Machine (EVM) later this year.The company released its second-quarter results on Tuesday and announced the introduction of Arc, a new network designed to offer an “enterprise-grade foundation” for stablecoin payments, foreign exchange and capital markets applications.Expected to launch in public testnet, Circle’s Arc will feature USDC (USDC) as its native gas token, enabling users to pay transaction fees with the stablecoin.Alongside the launch of Arc, Circle disclosed a 53% year-over-year increase in total revenue and…