Author: Digicoinvision
With the Ethereum price experiencing a decline on Monday amid a broader market correction, the altcoin continues to shine with one of its best performances in July to date. Over the past thirty days, the Ethereum price has surged by an impressive 80%, marking a significant recovery after a long period of consolidation and retest of lower levels that saw minimal bullish activity. Ethereum Price Poised For Breakout While other major digital assets like Bitcoin (BTC) and XRP have reported gains of 10% and 40%, respectively on the monthly time frame, the recent Ethereum price resurgence is particularly notable. Crypto…
Key Takeaways There was a pre-FOMC meeting risk-off move, with top altcoins and memecoins dropping 3%-10%. But an analyst expected a potential bullish catalyst ahead of inflation data and the White House crypto report. A few hours before the U.S. Federal Open Market Committee (FOMC) rate cuts meeting, the crypto market witnessed slight de-risking, especially among altcoins. But there were other macro data and expected updates that could further impact crypto this week. The altcoin unwind followed Bitcoin’s [BTC] sharp dip to $116.95k on the 29th of July. As of press time, however, BTC was back above $118k, but the…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful…
The US President Donald Trump’s Working Group on Digital Assets released its long-promised crypto report outlining policy recommendations for regulating crypto in the United States, including crypto market structure, jurisdictional oversight, banking regulations, promoting US dollar hegemony through stablecoins and taxation of cryptocurrencies. Establishing a “taxonomy” of digital assets by clearly defining which cryptocurrencies are securities and which are commodities was the first issue outlined in the report, released on Wednesday.According to recommendations in the document, jurisdictional oversight over digital assets should be shared between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC), with the CFTC…
Coinbase is launching nano XRP perpetual futures, unlocking institutional-grade exposure to XRP with unmatched capital efficiency, margin trading access, and seamless alignment to spot price. New XRP Futures by Coinbase Deliver Institutional-Grade Nano Exposure With Edge Coinbase Institutional announced on social media platform X on July 29 that it will debut nano XRP U.S. Perpetual-Style […]
Bitcoin (BTC) registered a 1.11% hourly drawdown after the Federal Reserve kept its target range at 4.25%–4.50%, trading at $116,320.13 as of press time following a quick visit below the $116,000 threshold.This is the largest correction recorded during a single hour of trading since July 14, when BTC retraced 1.14%Major cap altcoins registered the same movement. Ethereum (ETH) slid 1.74% to $3,712.36 as of press time, while Solana fell 1.90% to $173.51, XRP 2.52% to $3.04, and BNB 1.46% to $775.27.The drop happened in tandem with Fed Chairman Jerome Powell’s speech following the latest FOMC meeting. He highlighted that tariffs’…
The SOL token is now targeting $500 in 2025. Solana is widely used for NFTs and smart contracts due to its low fees and fast speed. But some analysts say Unilabs Finance could perform even better. It is a low cap project with AI powered investing tools. In the presale stage five, it has raised over $7 million. Many experts are now calling it a Solana Slayer. They believe Unilabs Finance could deliver 100x returns in 2025 due to its AI tools and profit sharing model. Solana Eyes $500 as NFT Use and Institutional Interest Grow Solana is one of…
The White House unleashed a bold crypto strategy demanding immediate congressional action, with Ripple’s legal chief calling it a breakthrough blueprint from the “most pro-crypto Administration we’ve ever seen!” Ripple Legal Chief: Most Pro-Crypto Admin Delivers the Regulatory Signal Investors Need The White House released a 160-page report on July 30, through the President’s Working […]
Join Our Telegram channel to stay up to date on breaking news coverage Billionaire Mike Novogratz, the chief executive officer of Galaxy Digital, has just changed his profile picture to a Nakamigos non-fungible token image. In response to this bullish move, the Nakamigos NFT collection has seen its trading sales volume and floor price pump to new heights. In less than 24 hours, the Nakamigos NFT trading sales volume has soared by +1,000% from the past day. Novogratz Changes His X Avatar To A Nakamigos NFT Earlier this morning, Mike Novogratz updated his X profile picture to an image similar…
A new Glassnode report has revealed that $141,000 could end up being the next major resistance for Bitcoin, should its price break convincingly higher. Bitcoin Is Currently Trading Between These Two STH Pricing Bands In its latest weekly report, the on-chain analytics firm Glassnode has discussed the Short-Term Holder (STH) Cost Basis and some pricing bands derived from it. This indicator measures, as its name suggests, the cost basis or acquisition level of the average investor part of the STH cohort. Formally, STHs are defined as investors who have been holding their coins for less than 155 days. This group…