Author: Digicoinvision

FG Nexus reveals 47,331 ETH holdings, targets 10% stake in Ethereum. Summary FG Nexus announced spending $200M to buy 47,331 ETH The firm intends to hold a 10% stake in the token Ethereum is quickly gaining traction among corporate investors Ethereum (ETH) is quickly becoming the next big trend among institutional investors. On August 11, FG Nexus, formerly Fundamental Global, revealed that it currently holds 47,331 ETH in reserve, with major expansion plans underway. The capital came from the $200 million private placement the company announced earlier. “Ethereum is rapidly becoming the foundation of global digital finance. We plan to…

Key points:Bitcoin faces significant selling near its all-time high, but the bulls are keeping price above $120,000, indicating strength.Ether remains strong above its breakout level of $4,094, opening the doors for a further rally.Bitcoin (BTC) rose above $122,000 on Monday, but the long wick on the candlestick shows the bears are vigorously defending the all-time high of $123,218. However, if buyers do not cede much ground to the bears, BTC remains on track to hit a new all-time high.Institutional investors also turned positive on Wednesday, with the BTC exchange-traded funds witnessing $91.55 million in net inflows. The inflows accelerated on…

Bitcoin surged past the $120,000 mark, reaching an intraday high of $122,300 — just shy of its all-time high at $123,000. The move marks a strong bullish continuation after weeks of upward momentum, fueling hopes among traders that a new record could be imminent. However, seasoned investors are approaching the rally with caution, warning that current price action could represent a relief rally before another consolidation phase. Related Reading Fresh data from CryptoQuant adds a layer of complexity to the market outlook. After a sharp rise in average weekly open interest to over 20% — peaking on July 14 —…

Opinion by: Andrei Grachev, managing partner at DWF LabsBitcoin’s role in sovereign finance is no longer hypothetical. As nation-states reassess reserve strategies amid inflation, sanctions and dollar volatility, crypto, particularly Bitcoin and stablecoins, is emerging as a neutral, programmable asset class with sovereign-grade utility.The properties that crypto can wield for retail users can also be applied on an enterprise and institutional level, where forward-thinking businesses can add it to their balance sheets and even use assets such as BTC and stablecoins to settle B2B transactions. Blockchain doesn’t discriminate and is equally suited to benefiting businesses as it is to individual users.Let’s…

Paxos Trust Company, the cryptocurrency firm behind Paypal’s stablecoin PYUSD, is seeking a national trust bank charter from the U.S. Office of the Comptroller of the Currency (OCC), Reuters reported. If approved, Paxos would convert its current New York limited purpose trust charter into a federal one, enabling it to hold assets and settle payments […]

Digital asset exchange-traded products (ETPs) staged a sharp turnaround last week, securing approximately $572 million in net inflows, according to CoinShares’ latest report.The rebound came after the market initially suffered $1 billion in outflows earlier in the week, which CoinShares linked to weak US payroll data. Later, a surge of $1.57 billion in inflows erased the losses, pushing the week into positive territory.James Butterfill, Head of Research at CoinShares, attributed the shift to a significant policy development in the United States. On Aug. 7, President Donald Trump signed an executive order directing the Department of Labor to enable crypto, private…

Block, Inc., founded by Jack Dorsey, the co-founder and ex-CEO of Twitter, is a financial technology company with a deepening full-stack connection to the Bitcoin industry through its subsidiaries. Its companies span payments apps and merchant tooling with Bitcoin integration, the development of bitcoin mining hardware, open source software development, a decentralized finance protocol for peer-to-peer markets and even a self-custody hardware wallet.  Formerly called Square and founded in 2009, the company started integrating Bitcoin into its technology offering as early as 2014 via Cash App — its most famous subsidiary — allowing merchants to accept bitcoin payments through the…

Биткоин (BTC) в настоящее время колеблется около отметки $118 000 после умеренного восстановления за последнюю неделю, что принесло рост цены на 4,17%. В преддверии новой недели известный аналитик под ником KillaXBT поделился техническим анализом текущей структуры рынка биткоина, а также возможными сценариями движения цены. Источник: @KillaXBT  С точки зрения ликвидности, криптоаналитик также отметил, что за пределами уровня $120 000 накапливаются значительные двухнедельные ликвидации по BTC. Эта зона совпадает с уровнем открытия прошлой недели ($119 414), что делает ее высоковероятной целью, если бычья структура сохранится. В настоящий момент BTC тестирует нисходящую линию тренда на младшем таймфрейме (LTF). KillaXBT поясняет, что подтвержденный…

Testnets, testnets, testnets! tl;dr Medalla testnet Following the excellent stability of Altona and based on conversations with eth2 client teams, Medalla – the next multi-client testnet – will have a MIN_GENESIS_TIME of 1596546000 (or for those of you that don’t think in unix time — August 4th, 2020, 1pm UTC)! This is a major step up from Altona in the sense that Medalla is a testnet built for and maintained by the community. The multi-client testnets prior to Medalla were considered “devnets”, run primarily by client teams and members of the EF (see the Altona section of my last post…

Crypto markets are showing early signs of a broad rally, but finding the right picks can be tricky. Many projects rely on hype, yet the real winners stand out with strong fundamentals, steady growth, and a clear plan for expansion. Today’s leading choices bring that mix, led by BlockDAG, a next-gen Layer 1 network with working tools, a huge following, and up to 30x return potential. Close behind are Sui, which is seeing consistent price gains and growing demand for its smart contract technology; XRP, rebounding strongly after settling its long-running SEC battle; and Pi Network, which is building infrastructure…