Author: Digicoinvision

Shiba Inu’s deflationary engine went into overdrive today. On‐chain figures from Shibburn revealed a jaw‐dropping 13,872.22% jump in its 24-hour burn rate, one of the largest token‐destroying spikes in the project’s history. For context, just one week earlier, on July 29, burns had already spiked by 16,717%, when over 600 million SHIB were sent to dead addresses in a single transaction as part of a community-driven deflation push. HOURLY SHIB UPDATE$SHIB Price: $0.00001334 (1hr 0.39% ▲ | 24hr -5.34% ▼ )Market Cap: $7,859,056,134 (-5.33% ▼)Total Supply: 589,247,952,744,711TOKENS BURNTPast 24Hrs: 602,041,022 (16717.70% ▲)Past 7 Days: 616,409,987 (369.03% ▲)— Shibburn (@shibburn) July…

Japan’s SBI Holdings said it plans to launch a bitcoin/ XRP exchange-traded fund (ETF) on the Tokyo Stock Exchange, but the launch is contingent on the Financial Services Agency approving cryptocurrency-linked investment trusts and ETFs. FSA’s Regulatory Review The Japanese financial services group, SBI Holdings, recently revealed its plan to launch a bitcoin/ XRP exchange-traded […]

London-based Satsuma Technology PLC has successfully raised £163.6 million ($217.65 million) in an oversubscribed second round of secured convertible loan notes, significantly exceeding its minimum £100 million target. London’s Satsuma Raises Funds for AI and Bitcoin Plans The publicly listed company, Satsuma (LSE: SATS), specializing in decentralized artificial intelligence (AI) and bitcoin-native treasury management, confirmed […]

tl;dr Eth2 Workshop: Eth1+Eth2 Merge and Sharding Last week, the EF eth2 research team hosted an online workshop focused on the two major upgrades slated for the beacon chain — the eth1+eth2 merge and sharding. Client devs — both eth1 and eth2 — and researchers from across the stack joined to listen for a dynamic set of presentations, Q&A, and discussions. This session — including talks by Dankrad, Vitalik, Mikhail, and Guillaume — was all live streamed and is available for your consumption! Just a quick plug for all the grants announced this week for the Staking Communty Grants round.…

Key points:Bitcoin is trading in a tight range, indicating a possible breakout in the next few days.Buyers have not ceded much ground to the bears in Ether, suggesting the continuation of the rally.Bitcoin (BTC) has been stuck inside a tight range between $112,000 and $115,720 for the past few days, indicating indecision between the bulls and the bears about the next directional move.BTC’s weakness and the fall in most altcoins suggest receding “speculative appetite,” Bitfinex analysts said in a markets report. The analysts expect the cryptocurrency markets to enter a period of consolidation, but added that new macro triggers or…

Key takeaways:Bitcoin (BTC) has historically maintained an inverse relationship with the US Dollar Index (DXY), which tracks the dollar’s strength against a basket of major foreign currencies. While this correlation shifts over time, Bitcoin’s drop below $114,000 on Friday coincided with the DXY climbing to its highest level in more than two months.Traders are now watching for Bitcoin to reclaim the $120,000 mark as the US dollar reversed direction and began showing signs of weakness.US Dollar Index (green, left) vs. BTC/USD (orange, right). Source: TradingView / CointelegraphThe DXY fell to 98.5 on Wednesday after failing to regain the 100 level…

Blockchain services firm Apex Fusion is set to launch Vector, a high-performance, Cardano-aligned blockchain designed for institutional users entering the Web3 space.Vector is a peer-reviewed, UTxO-based blockchain testnet with institutional-grade throughput and a claim of instant transaction finality. It will officially launch at the Rare Evo conference on Saturday, Apex Fusion said in a statement shared with Cointelegraph.This makes it the first Cardano-aligned blockchain to achieve independently verified instant finality, which is the assurance that a transaction is irreversible, according to the announcement.Vector’s transaction throughput is 10 times faster than the Cardano mainnet, with 99% reaching finality within 13 seconds,…

Cardano’s Midnight Network has launched its highly anticipated NIGHT token airdrop, and the crypto community responded in full force. Within hours of the August 5 launch of the “Glacier Drop” phase, over 11,000 wallets across eight major blockchains claimed more than 250 million NIGHT tokens. Related Reading The Midnight claim portal, now live, supports wallets from Cardano, Bitcoin, Ethereum, XRP, Solana, BNB, Avalanche, and Brave’s BAT. In total, 33.6 million wallets are eligible to participate in this multi-phase distribution. ADA’s price trends sideways on the daily chart, despite the launch of the highly anticipated Cardano NIGHT airdrop. Source: ADAUSD on…

Bitcoin’s dominance crumbled to 60% as altcoins, supercharged by Ethereum’s explosive rally, seized the spotlight. With corporate treasuries loading up on ETH and stablecoin regulations easing, the market’s risk appetite appears to be undergoing its most dramatic pivot this year. Summary Ethereum surged 51% in July, outpacing Bitcoin and leading a broad altcoin rally driven by renewed risk appetite and corporate accumulation. Corporate ETH holdings jumped 127% to 2.7 million ETH, with firms like Bitmine and Sharplink surpassing the Ethereum Foundation’s reserves. Regulatory tailwinds, including the GENIUS Act for stablecoins, boosted sentiment as capital rotated into ETH, XRP, DOGE, and…

The Commodity Futures Trading Commission (CFTC) has launched a “crypto sprint” initiative to provide additional regulatory clarity for trading digital assets. CFTC Acting Chairman Caroline D. Pham says the initiative is for trading spot crypto asset contracts that are listed on CFTC-registered futures exchanges, known as designated contract markets (DCMs). “Under President Trump’s strong leadership and vision, the CFTC is full speed ahead on enabling immediate trading of digital assets at the Federal level in coordination with the SEC’s Project Crypto. There is a clear and simple solution the CFTC can implement now. The Commodity Exchange Act currently requires that…