Author: Digicoinvision

Momentum is a powerful force in crypto, and BlockDAG has it in abundance. The hybrid Layer 1 network has surged past $371 million in its presale, cementing its position as the top crypto presale of the year and already reaching the halfway mark toward its ambitious $600 million target.  For a project that hasn’t even been listed yet, the speed of growth and the depth of its ecosystem are drawing comparisons to the early days of Solana and Avalanche, but with even stronger adoption metrics pre-launch. Historically, projects with this kind of capital and community momentum have seen strong early…

Half of the top 20 exchange-traded funds (ETFs) in the United States are linked to digital assets, underscoring the sector’s growing appeal to investors. On Monday, ETF analyst Nate Geraci said more than 1,300 ETFs have launched since the start of 2024, and crypto-linked assets dominated the top 20 investment products in inflows. These include Bitcoin (BTC) and Ether (ETH) ETFs, funds tracking leveraged ETH positions and Strategy (MSTR) exposure products.Geraci shared data that the top four overall assets by inflows are crypto-related, including BlackRock’s iShares Bitcoin Trust ETF (IBIT), which leads the pack with over $57.4 billion in inflows, outpacing…

The corporate Ether acquisition race is accelerating as the world’s two largest Ether treasury firms are raising capital to acquire more of the world’s second-largest cryptocurrency, which is nearing its previous all-time high.Public Bitcoin (BTC) mining firm BitMine Immersion Technology is looking to raise $24.5 billion through a new at-the-market (ATM) stock sale offering to acquire more Ether (ETH) tokens, according to a Tuesday US Securities and Exchange Commission filing.BitMine’s SEC filing. Source: SEC.govBitMine’s offering comes the same day as corporate crypto treasury firm SharpLink completed a $389 million capital raise from common stock shares sold for select institutional investors,…

Stablecoin issuer Circle Internet Group, Inc. announced plans to roll out its own layer one (L1) blockchain, designed to use USDC as the fuel for transaction fees. Circle Debuts Plans for Arc, an EVM-Compatible L1 Using USDC Currently, Circle’s USDC stablecoin ranks as the second-largest fiat-backed crypto asset by market capitalization at $65.23 billion. On […]

To the users and the builders, We’ve said it before and we’ll say it again: Ethereum’s future is bright, and this year we are seeing much of that future come to life as the Ethereum ecosystem builds on a foundation laid by dedicated research and development over the last years. This update will focus on how the Ethereum Foundation aims to help further Ethereum’s progress, on what we’ve been working on in terms of allocations and more, and on why our outlook is brighter now more than ever. Who we are, and where we’ve been The focus of the Ethereum…

A new cryptocurrency whale has purchased $1.34 billion worth of Ether in the past eight days, outpacing record US spot Ether ETF inflows and fueling speculation over the token’s price trajectory ahead of key US inflation data. The whale acquired 312,052 Ether (ETH) across 10 newly created cryptocurrency wallets, according to crypto intelligence platform Lookonchain.The whale has acquired $300 million more than the record-breaking inflows to US spot Ether exchange-traded funds (ETFs), which amassed $1 billion worth of Ether on Monday, their largest daily net inflows since launch.Analysts say the billion-dollar accumulation could help push Ether closer to its previous…

SharpLink Gaming is solidifying its position as one of the world’s largest corporate holders of Ethereum, announcing a landmark of $400 million registered direct offering secured through partnerships with five major institutional investors. This move underscores the growing confidence institutional players have in ETH’s long-term potential and its aggressive accumulation strategy. Institutional Backing Pushes SharpLink Toward $3 Billion Milestone SharpLink Gaming has announced a $400 million registered direct offering agreement with five global institutional investors, which includes some of the largest in the world. The agreement marks one of the company’s most significant funding deals to date, bolstering its capital…

Raoul Pal, a macro investor, former Goldman Sachs strategist, and founder of Real Vision, has revealed that he has been holding XRP for over four years after he referred to the digital asset as part of what he once described as a “moron trade.” The label, not meant as an insult, was a way to tell a specific retail trading behavior in early crypto market cycles. Soon after, he disclosed that he bought XRP in 2021 when it was trading at $0.60.  Raoul Pal Clears XRP “Moron Trade” Comment In a recent interview, Pal outlined his views on how retail…

Ethereum price rallied over 19% in the past week. With the price now only 12% below its all-time high, traders are watching for potential signs to gauge direction as the market heads into a pivotal week. Summary Ethereum has gained over 19% in the past week, and is trading just 12% below its all-time high. Spot Ethereum ETFs recorded a record $1 billion in net daily inflows Key U.S. economic data set to be released this week could shape ETH price trajectory. Ethereum (ETH) breached the $4,000 resistance level earlier this week for the first time since December last year.…

Key Takeaways Experts believe HYPE could hit a new ATH in the coming days. The major liquidation levels of $44.25 on the lower side and $47 on the upper side are still worth looking at though. Over the past week, Hyperliquid (HYPE) has registered an impressive 27% uptick, with its price hitting the upper Bollinger Band on the charts. Despite this potential red flag though, experts and investors continue to show strong interest and confidence in the asset. Predictions and price momentum On 11 August, several bold predictions surfaced on X (formerly Twitter). Some believe HYPE’s cool-off phase is over and…