Author: Digicoinvision
After crashing below the $115,000 territory over the weekend, Bitcoin has reached an important level that could determine where the crypto market is headed next. Eventually, it comes down to the support levels and how much buying is going on to actually counter the effects of massive sell-offs that continue to drive down the price. However, if bulls are able to hold, then it could suggest there is enough momentum behind the cryptocurrency to push for new highs. Why Bitcoin Must Hold $100,000 In an analysis, crypto and market analyst MasterAnanda has pointed to the Bitcoin price already solidifying support…
Community & educationChina ecosystem developmentETHPlanetSupport for ETHPlanet’s ecosystem building initiatives in China, including working with students and universities, events, community organization, and educational resources.Community & educationDE-FERENCEDecipherResearch and discussion-focused blockchain conference run by Decipher, a blockchain society at Seoul National University.Community & educationDevspace Virtual HackathonComputer Society of IndiaStudent-run hackathon organized by the Computer Society of India, targeting developers, researchers and students.Community & educationETHGlobalVirtual and in-person hackathons focused on building the Ethereum developer community through learning opportunities and hands-on support for hackers.Community & educationInformational websitesDeployment of a series of easily digestible, informational and educational websites about the Ethereum ecosystemCommunity & educationRussian-speaking ecosystem…
Key Takeaways 1inch has a bearish market structure and downward momentum. While the sellers seemed to have the upper hand, the price might have made a local bottom and could be preparing for a rebound. 1inch [1INCH] saw a 40.7% price retracement from 13 July to 2 August. This took 1INCH from the $0.391 swing high to the $0.232 swing low. However, the higher timeframe market structure has remained bullish, despite the price dip. Source: 1INCH/USDT on TradingView Encouragingly for long-term investors, the retracement has led 1inch token prices back to the level that had been a resistance in May.…
Metaplanet snapped up another 463 Bitcoin on Monday, making it the first public company to capitalize on Bitcoin’s recent 5% dip over the weekend.The Japanese investment firm bought the Bitcoin (BTC) for 8 billion Japanese yen ($53.7 million) at an average purchasing price of around $115,895, Metaplanet said in a Monday statement.The purchase brings Metaplanet’s Bitcoin holdings to 17,595 Bitcoin — worth over $2 billion — maintaining its position as the world’s seventh largest corporate Bitcoin holder.Source: Simon GerovichWhile Metaplanet may be the first public company to announce buying Bitcoin in August, it follows a huge week of corporate crypto…
Cardano’s core development team received approval to be paid 96 million ADA from the treasury to forge ahead with proposed upgrades to the network.Input Output Global (IOG) — Cardano’s main development team — submitted the proposal for the equivalent of $71 million in Cardano (ADA), which passed with 74% in favor, representing 200 votes, with six against and seven abstaining, according to the governance action.The 12-month development plan focuses on improving scalability, the developer experience and interoperability.Still, it drew some concern from the community over costs, overall accountability and transparency.Source: Input OutputUpgrade includes faster transactions, better onboardingFunding will be milestone-based,…
Cardano’s core development team received approval to be paid 96 million ADA from the treasury to forge ahead with proposed upgrades to the network.Input Output Global (IOG) — Cardano’s main development team — submitted the proposal for the equivalent of $71 million in Cardano (ADA), which passed with 74% in favor, representing 200 votes, with six against and seven abstaining, according to the governance action.The 12-month development plan focuses on improving scalability, the developer experience and interoperability.Still, it drew some concern from the community over costs, overall accountability and transparency.Source: Input OutputUpgrade includes faster transactions, better onboardingFunding will be milestone-based,…
SharpLink Gaming has continued its aggressive Ethereum acquisition strategy, purchasing another 15,822 ETH worth approximately $53.9 million. Summary SharpLink added 30,755 ETH for $108.6M, bringing its holdings to 480,031 ETH. The entire treasury is staked and leadership includes ex-BlackRock and Consensys executives. Analysts are split, with some praiing institutional momentum and others warning of overvaluation. According to an Aug. 3 post on X by Lookonchain, the firm spent $108.57 million in USD Coin (USDC) over the preceding two days to acquire 30,755 Ethereum (ETH) at an average price of $3,530 per token. With this latest purchase, SharpLink now holds 480,031…
Solana’s bullish momentum is gaining traction again—this time with ETF tailwinds. Despite the broader crypto market facing pressure, institutional activity around Solana suggests that a major breakout could be on the horizon. Analysts say the groundwork being laid now mirrors the setup before Solana’s run to its previous all-time high of $293, igniting speculation that the altcoin may soon revisit or surpass those levels. This renewed optimism is fueled by fresh filings from Grayscale and VanEck, who have both submitted amended S-1 documents for proposed Solana ETFs. The updates, which detail sponsor fees, custodians, and fund mechanisms, suggest that regulatory…
XRP is rapidly emerging as the backbone of tokenized financial markets, with Ripple’s CTO spotlighting its real-time liquidity, cross-border agility, and unmatched settlement scalability. Ripple CTO Highlights How XRP Powers Scalable Settlement in Tokenized Markets Ripple Chief Technology Officer David Schwartz addressed XRP’s strategic function in global asset settlement in a post on social media […]
For years, Bitcoin (BTC) has been labeled everything from a revolutionary technology to a dangerous gamble. Many investors still dismiss it as a speculative and volatile asset designed only for tech professionals and risk-takers. But according to one of America’s most popular financial advisers, that view is not just outdated — it might be costly.In a recent conversation with Cointelegraph, Ric Edelman, the founder of Edelman Financial Engines, shares why he changed his stance on Bitcoin. Just a few years ago, he recommended a cautious 1% allocation to crypto assets. Now? He’s suggesting as much as 40% for certain investors.…