Author: Digicoinvision
Paolo Ardoino, chief executive officer of stablecoin issuer Tether, has called Bitcoin “undefeatable” in a recent X post. The bold claim comes as markets wobble and digital assets face fresh downward pressure. Related Reading Bitcoin’s price action has been muted this week, but Ardoino’s comment has stirred up plenty of talk among traders and analysts. Tether’s Bitcoin Holdings Grow According to reports, Tether has boosted its Bitcoin stash to nearly 80,000 BTC. That holding is worth more than $9 billion at current rates. The company’s steady buying suggests it sees deep value in Bitcoin even when prices slide. In recent…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Dogecoin has now entered the longest period below its all-time high in its history—over 1,550 days and counting—with crypto analyst VisionPulsed warning that while a breakout may eventually come, the asset remains locked in what he calls a “bearish forever” pattern. In his August 6 video…
Ethereum was trading at $3,658 at press time, posting a 2.2% gain over the last 24 hours as on-chain metrics show a surge in transaction activity. Summary Ethereum is trading at $3,658, up 2.2% on the day but down 4.7% over the week. Daily Ethereum transactions hit 1.87M on Aug. 6, nearing record highs. Technical indicators show neutral momentum, with price consolidating between $3,450 and $3,920. The price remains 30% higher than it was a month ago, even though it has slipped 4.7% over the past week. As buyers and sellers balance out, the current weekly range of $3,380 to…
Layer-2 blockchain network Build on Bitcoin (BOB) has raised $21 million in strategic funding rounds since December 2024, with $9.5 million secured in its latest round, according to a news release sent to Cointelegraph. Many existing investors have increased their financial commitments in the latest $9.5 million strategic round, including Castle Island, along with new strategic investors Anchorage, Amber Group and sats Ventures. Nic Carter, founding partner of Castle Island, told Cointelegraph why they have decided to double down on their investment: “We also continue to believe that Bitcoin will be the bedrock of DeFi, and we think BOB will…
Bitcoin price remained steady around $114,000 on Wednesday as Smarter Web Company, a UK-based technology firm, announced the launch of a groundbreaking $21 million Bitcoin-denominated convertible bond, marking another milestone in the growing institutional adoption of Bitcoin-based financial instruments. The three-year convertible bond, denominated in Bitcoin, represents one of the first such offerings by a publicly traded company in the United Kingdom. The innovative financial instrument allows investors to participate in both Bitcoin’s potential price appreciation and the company’s equity growth. “We have been building our Bitcoin-backed balance sheet with laser focus, and today’s announcement marks yet another first for…
Soon after decentralized liquidity protocol Aave announced it had surpassed $60 billion in net deposits, scammers launched a phishing campaign targeting its users through Google Ads, according to security researchers. On Wednesday, Aave said that it had become the first decentralized finance (DeFi) protocol to accumulate $60 billion in net deposits across 14 networks. According to Token Terminal data, Aave’s net deposits have more than tripled in the past year from about $18 billion in August 2024.A day later, on Thursday, blockchain investigation firm PeckShield alerted the crypto community to an ongoing phishing attack targeting Aave (AAVE) investors. Scammers had…
Soon after decentralized liquidity protocol Aave announced it had surpassed $60 billion in net deposits, scammers launched a phishing campaign targeting its users through Google Ads, according to security researchers. On Wednesday, Aave said that it had become the first decentralized finance (DeFi) protocol to accumulate $60 billion in net deposits across 14 networks. According to Token Terminal data, Aave’s net deposits have more than tripled in the past year from about $18 billion in August 2024.A day later, on Thursday, blockchain investigation firm Peckshield alerted the crypto community to an ongoing phishing attack targeting Aave (AAVE) investors. Scammers had…
Key Takeaways Ethereum’s Net Taker Volume hit -$418.8 million, signaling extreme selling. Yet, rising network activity and long-term holder profits suggest ETH could rebound if bulls reclaim $3,950 soon. Ethereum’s [ETH] Net Taker Volume plunged to -$418.8 million—its second-largest daily sell-side imbalance ever recorded. That means 116,000 more ETH were sold than bought in a single day, according to CryptoQuant. Historically, such heavy-handed selling has preceded local tops, acting as reversal signals. However, ETH continued hovering near $3,643, showing that buyers are still absorbing pressure, for now. If support continues holding, ETH could stabilize before making its next move. For…
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Institutional digital asset management platform Parataxis Holdings has struck a business combination deal with a publicly listed special purpose acquisition company (SPAC) called Silverbox (NYSE: SBXD) to create a new entity, also named Parataxis. The new firm aims to raise up to $640 million to establish a bitcoin ( BTC) treasury once the deal is […]