Author: Digicoinvision
Social Network Zora has seen its native token, ZORA, record a massive rally following a spike in user activity and recent key integrations, leading some investors to suggest that momentum will continue. Related Reading ZORA Hits New Highs On Monday, the native token of the decentralized social network Zora jumped nearly 50% to hit a new all-time high (ATH) of $0.145. The platform allows users to make social media posts into tradable tokens by automatically minting them, with over 2.06 million tokens created since its launch, according to Dune data. In April, the team launched its native ZORA token, airdropping…
Key Takeaways Whales added $13M in LINK, institutions ramped up adoption, and technicals broke a key trendline. A push above $24 could open the path to $30. Chainlink [LINK] gained by over 30% over the past week, with the daily trading volume hitting $1.35 billion. At the time of writing, LINK was trading near $21 following a modest 1% dip from the previous day’s close. In fact, the altcoin may be setting up for what seems like the perfect scenario for a rally. On-chain and macroeconomics data were all in support of the price breakout too. Assessing LINK’s whale accumulation…
Authorities in Kazakhstan have uncovered a scheme involving electricity companies illegally supplying power to cryptocurrency miners. Violations of Digital Mining Laws Authorities in Kazakhstan recently busted electricity companies accused of illegally supplying power to cryptocurrency miners. According to a statement, the Department of Financial Monitoring (DFM) for the East Kazakhstan region, along with the National […]
The landmark US GENIUS Act could serve as a major catalyst for stablecoin adoption both domestically and abroad. But rather than simply boosting demand for dollar-backed digital currencies, it may unintentionally push capital into the tokenization market as investors seek yield on their holdings.That was one of the key takeaways from a recent interview with Will Beeson, a former Standard Chartered executive and now founder and CEO of Uniform Labs, a developer of institutional liquidity solutions for tokenized financial markets.A central provision of the GENIUS Act is its blanket ban on yield-bearing stablecoins, which prevents holders from earning interest on…
David Bailey, a well-known Bitcoin advocate who has advised US President Donald Trump on crypto policy, has announced plans to buy $762 million worth of Bitcoin as early as Tuesday. “Ever since getting into Bitcoin, I’ve always had this dream of smash buying $1 billion of Bitcoin in a single bid,” he said on Monday. “Tomorrow, that dream comes true.” Bailey later noted the $1 billion figure was a “generous” round up from $762 million. Source: David BaileyThe amount would buy around 6,400 Bitcoin (BTC) at current market prices. Bailey added that the purchase will use a Volume Weighted Average Price (VWAP) strategy,…
Safety Shot announced on August 11 the creation of a corporate BONK treasury, receiving $25 million in tokens through a strategic alliance with BONK founding contributors. The Nasdaq-listed company issued $35 million in convertible preferred shares as consideration for the allocation.The arrangement positions Safety Shot among a growing cohort of public companies adopting altcoin treasury strategies beyond traditional Bitcoin holdings. Recent corporate altcoin moves include Bit Origin arranging $500 million for Dogecoin (DOGE) accumulation and SharpLink Gaming disclosing nearly 600,000 ETH holdings.Safety Shot CEO Jarrett Boon stated:“This strategic partnership represents the first stage of a much broader corporate evolution for our company.…
With sentiment shifting toward cautious optimism, a handful of crypto projects are earning serious attention for their recent progress. From decentralised AI services to cross-chain DeFi growth, development remains active across the market. Render, Polygon, and Polkadot are all seeing renewed momentum in confidence and network activity. Still, BlockDAG is emerging as a major force in the Layer 1 space. Backed by strong growth data and expanding utility, BlockDAG has secured its place among the top crypto coins to buy right now. The project combines real-world adoption, global outreach campaigns, and a 10 BTC reward pool to attract early interest.…
US fast-food chain Steak ‘n Shake has tipped its hat to Bitcoiners after reporting a 10.7% quarter-on-quarter same-store sales increase in Q2 — outpacing America’s top food chains over the same timeframe.“Bitcoin has been a game changer,” Steak ‘n Shake posted to X on Friday, thanking Bitcoiners for their contributions since May 16, when the fast food chain started accepting Bitcoin (BTC) as payment.Source: Steak ‘n ShakeThe solid growth suggests merchant Bitcoin payments may still be alive in the US, where Bitcoin is mostly treated as an investment unlike in less developed countries, where it is more frequently used in…
A recent working paper from the Central Bank of Malaysia has identified XRP and bitcoin as potential alternatives to traditional monetary and payment systems. Digital Assets Could Replace Bank Deposits A recent working paper from the Central Bank of Malaysia (CBM) has identified XRP alongside bitcoin ( BTC) as potential “alternatives to the current monetary […]
A huge thank you for excellent input and feedback from Sacha Saint-Leger, Joseph Schweitzer, Josh Stark, and protolambda. I spend a lot of my time explaining and answering questions about eth2, and I mean a lot. Some of this on a deep and technical level as I help communicate research and specifications to technical contributors, but more and more these days I’m fielding questions from the community about eth2 progress, direction, motivations, design decisions, delays, and more. I actually really enjoy these conversations. I get super excited as I explain eth2, come up with new ways to describe various components,…