Author: Digicoinvision
Ethereum traded at $3,908 at press time, gaining 3.2% in the past 24 hours and 61% over the last 30 days. Summary Ethereum is trading above $3,900, up 61% in 30 days. SharpLink bought 77K ETH, raising its total to 438K ETH. Ethereum’s bullish momentum remains intact amid an elevated RSI and Bollinger Bands expansion. The price rebounded from a recent low of $3,530 on July 24 and is now pushing toward $4,000, a key psychological price level. Increasing derivatives and trading activity suggests that investor interest is growing. Trading volume surged to $32.95 billion in the last 24 hours,…
Phoenix Group published the report listing several cryptocurrencies that broke new all-time highs (ATH) in recent times, even though some of them were later price-corrected. The featured coins are $TUT, $SPX, $BNB, $NODE, $DOLO, $ZORA, $AIOT, $EDGE, $ASP, and $SAHARA. $TUT, which recently achieved an ATH of $0.080, is at $0.079, equivalent to a negligible 0.7% undoing, with the same being true about $SPX, whose ATH of $2.05 produced $2.02, a 1.5% downside. TOP TOKENS THAT HAVE REACHED A NEW #ATH RECENTLY$TUT $SPX $BNB $NODE $DOLO $ZORA $AIOT $EDGE $ASP $SAHARA pic.twitter.com/OfoLnBGJ2H— PHOENIX – Crypto News & Analytics (@pnxgrp) July…
Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed bitcoin treasury company, has announced the acquisition of an additional 780 bitcoin, bringing its total holdings to 17,132 BTC as part of its ongoing Bitcoin Treasury Operations. The latest purchase was made at an average price of 17,520,454 yen (about $118,270) per bitcoin, […]
Five US Senate Democrats have probed the head of the country’s housing finance agency over his plan to consider how crypto can be counted in the approval process for certain mortgages.The senators, led by Jeff Merkley, sent a letter to Federal Housing Finance Agency (FHFA) director William Pulte on Friday asking him to explain his plan “to fully assess the potential risks and benefits of your order and its implications for the U.S. housing market and financial system.”Senators Elizabeth Warren, Chris Van Hollen, Mazie Hirono and Bernie Sanders also co-signed the letter, which asks Pulte for a response by Aug.…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure There is a large amount of Bitcoin estimated to have been lost over time, but not much has been said about the amount of Ethereum lost as well. This might come down to the fact that Bitcoin has a much lower limited supply compared to Ethereum. Hence, the possibility of so many lost coins does not have much of an impact on its value compared to that of Ethereum, with a much higher supply. Nevertheless, as it is in crypto, there is also a notable number of ETH expected…
Solana co-founder Anatoly Yakovenko has sparked controversy after referring to memecoins and non-fungible tokens as “digital slop,” despite Solana’s substantial memecoin-driven revenue.“I’ve said this for years. Memecoins and NFTs are digital slop and have no intrinsic value,” Yakovenko said in a X post on Sunday while comparing the crypto tokens to loot boxes in free-to-play mobile games.Source: Anatoly YakovenkoYakovenko’s comment came during a debate with Base creator Jesse Pollak over whether memecoins and NFTs have fundamental value, and if so, where that value lies.The Solana Labs CEO argued that their value is derived through market-driven price discovery, while Pollak countered…
Pakistan’s demographics position the country as a major catalyst for Bitcoin (BTC) adoption, allowing it to “leapfrog” developed nations, according to Bilal Bin Saqib, Pakistan’s state minister of crypto and blockchain.“A global policy shift has happened, not just in Pakistan, but all around the world,” Bin Saqib told Cointelegraph in an exclusive interview. The government of Pakistan moved to regulate crypto in November 2024.The country has 40 million crypto wallets and is one of the “top five” countries in terms of crypto adoption, which the minister attributed to Pakistan’s young demographic. He told Cointelegraph:“Pakistan’s median age is 20. We have…
Binance co-founder Changpeng “CZ” Zhao’s reported BNB holdings have rocketed past an estimated value of $75.8 billion as the token breached new all-time highs on Monday. BNB (BNB) tapped a new high of $850.70 on Monday, according to Nansen. Analysts said token burns, rising chain metrics and whale activity could be reasons for the price hike. A June 2024 Forbes report noted CZ holds 64% of the circulating BNB supply of 139.3, with Binance controlling another 7%, meaning the former crypto exchange CEO holds around 89.1 million tokens. In February, CZ said in a post on Binance Square that 98% of his…
The Financial Information Unit of Argentina (UIF) has decided to freeze several cryptocurrency wallets linked to the financing of foreign terrorism. Authorities are focusing on a Syrian terrorist group known as Hay’et Tahrir Al-Sham and two suspects in connection with these actions. Argentina Issues Administrative Freeze Measures on Cryptocurrency Wallets Suspected of Financing Terrorism Argentina […]
Key Takeaways Tron has surpassed $2B in fees, 14B transactions, and now hosts over $80B in USDT, overtaking Ethereum in stablecoin supply and daily transfers. Tron’s [TRON] Justin Sun rang the Nasdaq opening bell on the 24th of July to mark the company’s listing. But behind the headlines and ceremony, the blockchain is hitting milestones that may matter a bit more. The network generated over $2 billion in Cumulative Fees, processed more than 14 billion transactions, and hosts over $80 billion in USDT, surpassing Ethereum [ETH] in both stablecoin supply and daily transfer volume. So, how has the network’s native…