Author: Digicoinvision
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure With the GENIUS Act now officially passed, pro-XRP attorney John Deaton has released a new report analyzing which blockchain projects, including Ripple and Ethereum, stand to gain the most. While Ripple’s Stablecoin, RLUSD, and Circle’s USDC are highlighted as potential beneficiaries of this landmark legislation, the report suggests that Ethereum is poised to be the biggest winner overall. GENIUS Act To Favor Ethereum Over Ripple In a recently released statement on the X social media platform on July 3, Deaton weighed in on the implications of the…
Key takeawaysPump-and-dump schemes in Web3 manipulate a cryptocurrency’s price through coordinated buying along with misleading information and hype to lure investors in before a mass selling of a token, leaving it almost worthless.Decentralized anonymity and 24/7 unregulated trading make the industry particularly vulnerable to these manipulative investment schemes.A pump-and-dump follows four stages, including the token prelaunch, promotional hype building at launch, price pumping through buying action and a coordinated sell-off by orchestrators running off with profits. You can protect yourself from falling for pump-and-dumps by avoiding unsolicited investment advice, being skeptical of social media ads and avoiding schemes with promises of…
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…
Key takeawaysPump-and-dump schemes in Web3 manipulate a cryptocurrency’s price through coordinated buying along with misleading information and hype to lure investors in before a mass selling of a token, leaving it almost worthless.Decentralized anonymity and 24/7 unregulated trading make the industry particularly vulnerable to these manipulative investment schemes.A pump-and-dump follows four stages, including the token prelaunch, promotional hype building at launch, price pumping through buying action and a coordinated sell-off by orchestrators running off with profits. You can protect yourself from falling for pump-and-dumps by avoiding unsolicited investment advice, being skeptical of social media ads and avoiding schemes with promises of…
Alpen Labs launched its public testnet on Monday, advancing efforts to build a native financial system directly on the Bitcoin blockchain. Bitcoin ZK-Rollup Testnet Goes Live With EVM Compatibility According to the Alpen Labs release shared with Bitcoin.com News, the testnet allows developers to experiment with Bitcoin-based financial applications previously confined to centralized services or […]
Spot Ethereum exchange-traded funds (ETFs) available in the US saw $152.3 million in outflows on Aug. 1, ending their longest streak of inflows.According to Farside Investors’ data, the outflow amount was the largest since Jan. 8. It ended the 20-day streak of positive netflows for Ethereum ETFs, which have accumulated nearly $5.4 billion during the period.The ended streak is not only the largest in duration, but also in total amount of inflows and average daily flow, which was approximately $270 million.The previous record in duration was 19 days straight, which ended on June 13 and resulted in roughly $1.4 billion…
Key Takeaways Ethena jumped 13% to $0.622, backed by rising volume, a positive Buy-Sell Delta, and 17% Open Interest growth. Long/Short Ratio above 2 indicates that traders are eyeing an upside of $0.68–$0.70 next. Ethena [ENA] surged 12.9% to a local high of $0.628 after holding $0.51 support. At press time, it was trading at $0.622, up 13.17% on the day, backed by a 28% volume increase to $1.14 billion, signaling renewed demand. Ethena buyers flip the delta After the broader market retraced, buyers took a step back from the market. As such, Ethena recorded a week of negative Buy-Sell…
Blockchain intelligence firm Arkham has revealed that the Chinese mining pool Lubian was the target of a sophisticated 2020 cyberattack in which hackers stole 127,426 bitcoin. A Timeline of the Attack Blockchain intelligence firm Arkham has said their on-chain analysis points to the Chinese mining pool Lubian as the victim of a sophisticated cyberattack in […]
Join Our Telegram channel to stay up to date on breaking news coverage JPMorgan, Citigroup, and Goldman Sachs have helped drive a $100 billion wave of blockchain investment since 2020, marking a decisive shift by TrafFi toward digital asset infrastructure. That’s according to a new report released jointly by Ripple, CB Insights, and the UK Centre for Blockchain Technologies. ”The shift is undeniable: traditional finance is making a decisive move into the digital asset space,” the report said. ”It’s clear that the banking sector is taking blockchain seriously.” The report, entitled ”Banking on Digital Assets,” analyzed more than 10,000 blockchain-related…
Earlier last week, the Ethereum price was retracing severely, giving up a fraction of the gains garnered from the previous bull rally. Despite this brief show of weakness, a crypto pundit forecasts that the leading altcoin may be on the brink of an explosive rally toward a new all-time high of $9,000. This bullish projection is based on the completion of a Broadening Wedge formation and an ongoing retest of the pattern’s upper boundary, which may now act as support. Ethereum Price Chart Signals Major Breakout According to the new technical analysis released by crypto market expert Gert van Lagen…