Author: Digicoinvision
World Liberty Financial (WLFI), the Donald Trump-backed DeFi firm, has picked up another batch of ETH, extending its buying spree as prices push higher. Summary Trump-linked DeFi firm WLFI just bought another 256 ETH for $1 million. The company’s total ETH stash is now worth nearly $300 million. Critics are warning of conflicts of interest as Trump-linked firms ramp up crypto exposure. According to data shared by Lookonchain on July 29, WLFI has purchased an additional 256.75 Ethereum (ETH) at $3,895. Acquired for approximately $1 million USDC (USDC), the buy is the latest in a string of steady purchases over…
Dogecoin’s origin story is the stuff of internet legend. Created in 2013 as a tongue-in-cheek response to the seriousness of Bitcoin, DOGE adopted the Shiba Inu meme and quickly gained traction for its playful tone. While many dismissed it early on as a joke, the community that formed around DOGE proved remarkably resilient. Tipping, charity fundraisers, and social media campaigns fueled the project’s identity, even when its price barely budged for years. That changed dramatically in 2021. Riding a wave of Reddit-fueled enthusiasm and high-profile tweets from Elon Musk, Dogecoin surged from under $0.01 to over $0.70—gaining more than 7,000%…
Key takeaways:Bitcoin targets $122,000, where $2 billion in short liquidations are clustered but Q3 seasonal data hints at downside.A falling RSI, spot BTC ETF outflows, and low trading volumes point to weakening bullish momentum.FOMC minutes and positive news from the White House could trigger a rally on Wednesday.Bitcoin (BTC) briefly dipped below $117,000 on Tuesday, sweeping the internal liquidity built between $117,000 and $119,000 over the weekend. This liquidity absorption, often a precursor to directional moves, occurred as $100 million in long positions were liquidated. Despite the dip, the 100-day exponential moving average (EMA) on the four-hour chart continues to…
InternetX, a domain registrar under the IONOS hosting umbrella, plans to tokenize its entire portfolio of 22 million domains using D3’s Doma Protocol, potentially bringing traditional domains onchain.The Doma Protocol is a DNS-compliant blockchain platform designed for domain finance. Through this partnership, InternetX will enable customers and partners to convert traditional domains into blockchain-based tokens, potentially unlocking use cases such as crypto trading, fractional ownership and other Web3 applications.InternetX customers will also gain access to new Web3 distribution channels via Doma, with bridging capabilities to major blockchain networks including Solana, Coinbase’s Base and Avalanche.Founded in Germany in the late 1990s,…
Key takeaways:XRP open interest remains elevated despite the recent drop, suggesting traders are still holding leveraged positions.Low onchain activity on the XRP Ledger raises doubts about sustainable price gains above the $3 resistance level.XRP (XRP) has fallen 15% since reaching $3.66 on July 18. This move was accompanied by a $2.4 billion drop in XRP futures open interest, a metric that reflects the total value of outstanding leveraged positions. Traders now fear that routine market volatility could trigger cascading liquidations, potentially driving XRP below $2.60.XRP futures aggregate open interest, USD. Source: CoinGlassThe chart above clearly shows that leverage fueled the…
The Securities and Exchange Commission (SEC) approved orders allowing authorized participants to create and redeem shares of spot Bitcoin (BTC) and Ethereum (ETH) exchange‑traded products (ETP) in kind.According to a July 29 statement, the agency framed the move as aligning crypto funds with standard practice in commodity‑based ETPs. Additionally, it said the change should reduce costs and improve market efficiency.Chairman Paul Atkins said in a statement:“It’s a new day at the SEC, and a key priority of my chairmanship is developing a fit‑for‑purpose regulatory framework for crypto asset markets. Investors will benefit from these approvals, as they will make these…
Key takeaways:The dominance of Ether’s futures volume surpassed Bitcoin for the first time since 2022.Tron-ecosystem stablecoin activity rose, pointing to capital inflows into the altcoin ecosystem.Ether (ETH) has gained everyone’s attention over the past few weeks, with new data showing a clear shift away from Bitcoin (BTC) as the biggest altcoin by market capitalization rallied more than 50% in a month. According to Glassnode, Ether perpetual futures volume dominance has overtaken Bitcoin for the first time since 2022, marking the “largest” volume skew in ETH’s favor on record. The analytics platform noted that this shift “confirms a meaningful rotation of…
Market expert Mark Moss has drawn the crypto community’s attention to an indicator that has perfectly nailed Bitcoin cycle tops. Based on this indicator, the expert revealed that the cycle top is unlikely to happen this year, as other analysts may have predicted. Pi Cycle Top Indicator Reveals Next Bitcoin Cycle Top In an X post, Moss stated that the indicator is predicting a Bitcoin cycle top in the first quarter of 2027, not at the end of this year. He made this comment while describing the Pi Cycle Top indicator as the “Holy Grail” of Bitcoin indicators. The expert…
Strategy (Nasdaq: MSTR/STRK/STRF/STRD) closed its initial public offering (IPO) of 28,011,111 shares of Variable Rate Series A Perpetual Stretch Preferred Stock (“STRC”) at $90 per share, raising approximately $2.521 billion. Estimated net proceeds totaled $2.474 billion after underwriting costs and expenses. The company used the net proceeds to acquire 21,021 bitcoins at an average price […]
Today, we’ve published the EF report, which we hope helps the community understand what the Ethereum Foundation is, our core principles, and our vision of Ethereum as an infinite garden. Click here to read the full report, and to learn more about the EF, our resource allocation processes, 2021 support, and the non-financial ways that EF teams contribute to helping Ethereum continue to grow into everything that we dream for it to become.