Author: Digicoinvision
Key Takeaways XRP price has dropped over 20% since mid-July. But the pullback could extend if the $2.8 immediate support cracks. Ripple’s [XRP] price weakness may be far from over, according to crypto analyst Ali Martinez. The altcoin has dropped over 20% after peaking near $3.6 in mid-July, with most of the sell pressure from whales. Over the past three weeks, whale wallets with 1 million to 1 billion XRP tokens trimmed their holdings from over 10 billion to 8 billion, meaning about $6B worth of XRP were sold from this large players. Source: Santiment More trouble for XRP bulls?…
Today, Acacia Research Corporation (Nasdaq: ACTG) has announced a new partnership with Unchained and Build Asset Management, focusing on a Bitcoin-backed commercial loan strategy designed to offer attractive, risk-adjusted returns while expanding Acacia’s exposure to the rapidly growing Bitcoin ecosystem. “We are very excited to partner with Unchained and Build for this Bitcoin-backed loan strategy,” said Martin (“MJ”) D. McNulty, Jr., Chief Executive Officer of Acacia. “Investors around the world are increasingly looking to capitalize on the value Bitcoin provides as a secure source of quality collateral.” According to the press release, the partnership will see Acacia purchasing commercial whole…
Bad actors are using aged YouTube accounts to give authenticity to advertisements of a crypto trading bot that conceals a smart contract designed to drain crypto, cybersecurity firm SentinelLABS said.The scam is “widespread and ongoing” since at least 2024 and has spread through YouTube videos shared on social media offering tips and a smart-contract code to deploy a crypto trading bot, Alex Delamottea, a senior threat researcher with SentinelLABS, said in a report on Tuesday.After the victim deploys the smart contract, the attacker’s wallet is added, hidden by disguising it as a trading address. When the user funds the contract,…
SEC leaders just signaled a transformative commitment to regulatory clarity for emerging tech, spotlighting liquid staking in a move that could unleash a wave of crypto adoption. SEC Lays Down New Crypto Era—Clear Securities Law Guidance Is Official Policy U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins and Commissioner Hester Peirce issued separate statements […]
Late Wednesday afternoon, crypto analyst Ali Martinez beat the drum on a dramatic shift in market liquidity. Posting a chart from CryptoQuant, he pointed out that stablecoin reserves across centralized exchanges have plunged by roughly 9% over the past week, shedding about $3 billion of dry powder that traders typically use to jump into Bitcoin (BTC), Ethereum (ETH) and other digital assets. Stablecoins such as USDT, USDC and BUSD act as the on-ramp to crypto markets. When they pile up on exchanges, traders are signaling they’re ready to buy; when they flow off, it often means profits are being parked,…
Bank of America’s CEO has backed fixing banking rules amid uproar over U.S. President Donald Trump’s debanking claims, as the crypto industry warns regulatory overreach is quietly choking financial access. Bank of America CEO Backs Rulebook Fix as Trump’s $1B Claim Sparks Uproar Bank of America CEO Brian Moynihan responded to explosive claims made by […]
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…
Our intrepid grantees have been keeping busy as always – read on for some recent accomplishments 🏆 ENS ENS (Ethereum Name Service) runs on the Ethereum blockchain, but it’s not just for ETH addresses! ENS maps human-readable domain names to locations all across the distributed web, including ethereum and other blockchain addresses, Tor .onion addresses, decentralized websites and data hashes stored on IPFS, and more. ENS continues to expand its reach, with recent integrations including: That’s far from everything – read the ENS 2020 Retrospective for a recap of a pretty packed year, follow ENS on Twitter @ensdomains and check…
The banking arm of South Korean IT giant Kakao Corporation is reportedly ramping up plans to offer stablecoin services amid a regulatory shift in the country after the election of pro-crypto president Lee Jae-myung.KakaoBanks’ chief financial officer Kwon Tae-hoon said during the company’s first-half 2025 earnings call that the company is “reviewing various methods such as issuance and custody,” and “plans to actively participate,” in the “digital asset ecosystem,” ZDNet Korea reported on WednesdayKwon added that the initiative is being spearheaded in cooperation with Kakao’s Stablecoin Task Force, which includes top leadership from its core affiliates including KakaoPay.KakaoBanks’ stablecoin move…
Bitcoin short-term holders in profit have eased their selling activity as Bitcoin’s price continues to slowly climb above its local low of $112,000, according to onchain analytics platform Glassnode.Profit-taking among Bitcoin Short-Term Holders (STH) — those holding for less than 155 days — has “cooled off,” Glassnode said in a markets report on Wednesday. The analytics firm explained that Bitcoin (BTC) STH spent volume, which measures the proportion of recent buyers in profit selling their Bitcoin, has dropped to 45%, below the neutral level.Market in “relatively balanced position”Glassnode said figures suggest the market “is in a relatively balanced position, with…