Author: Digicoinvision
Bitcoin is becoming increasingly unattainable for average investors, raising questions about whether the current bull market can sustain its momentum beyond the traditional four-year cycle.Crypto market intelligence company 10x Research suggested Bitcoin (BTC) is becoming too expensive for sustained retail purchases, a development that may endanger the predicted extension of the current bull market cycle.Despite numerous calls for an extended market cycle, drawing on the conclusions of the four previous market cycles is “highly questionable,” according to 10x.“Bitcoin is suffering from diminishing returns,” the company stated in a Tuesday report, adding:“While many view this as a natural sign of maturity,…
Join Our Telegram channel to stay up to date on breaking news coverage JPYC, a fintech firm based in Tokyo, has launched Japan’s first yen-backed stablecoin as well as a platform to issue the new token. The stablecoin, with the ticker “JPYC,” went live today and is backed 1:1 by bank deposits and government bonds. It also has a 1:1 exchange rate with the yen, according to an announcement by the company. The stablecoin’s issuer said that it will not charge a transaction fee, and will instead generate revenue from interest on its holdings of the Japanese government bonds. Businesses…
ETH price is testing a crucial support level after carving out a bullish reversal pattern. Could a bounce from here put it back on track for a strong upward move? Summary ETH price is testing $4,100 support level after dropping from its Monday high. A double-bottom pattern has formed on the 4-hour chart. Technical indicators have signaled early signs of reversal. After rallying 10% to a weekly high of $4,232 on Monday, Ethereum (ETH) has pulled back as profit-taking kicked in, slipping close to psychological support at $4,100, a level it needs to hold to prevent deeper losses. Ethereum’s slump…
Join Our Telegram channel to stay up to date on breaking news coverage The now-defunct crypto exchange Mt. Gox has pushed back the deadline for its creditor repayments by a year just four days before its deadline at the end of the month. “As it is desirable to make the Repayments to such rehabilitation creditors to the extent reasonably practicable, the Rehabilitation Trustee, with the permission of the court, has changed the deadline for the Repayments from October 31, 2025 (Japan Standard Time) to October 31, 2026 (Japan Standard Time).” the exchange’s rehabilitation trustee said. Many Creditors Have Still Not…
Ethereum treasury company ETHZilla has sold roughly $40 million worth of ETH from its treasury to support a share buyback program as it looks to narrow the gap between its stock price and net asset value. Summary ETHZilla sold $40 million in ETH to fund share buybacks. Around 600,000 shares were repurchased for $12 million. ETHZilla shares rallied over 14% on Monday. The Nasdaq-listed company acquired approximately 600,000 shares late last week for around $12 million after offloading a portion of its ETH holdings, an Oct. 27 press release outlined. Net Asset Value, or NAV, is a financial metric that…
Ethereum layer-2 network MegaETH’s initial coin offering reportedly “sold out” within minutes and is now oversubscribed by about $400 million, as users scramble to get an allocation of its MEGA token. The Ethereum layer-2 network opened the auction for its MEGA token on Monday with a raise cap of just under $50 million, but the auction has since seen more than $450 million in commitments in just a matter of hours. In total, the initial coin offering (ICO) will allocate 5% of the total 10 billion token supply, with a maximum bid amount of $186,282 and a minimum bid of $2,650,…
Join Our Telegram channel to stay up to date on breaking news coverage Tom Lee, the CIO of Fundstrat Capital and the Chairman of Bitmine Immersion Technologies, says that Ethereum “remains in a super cycle” as stablecoin demand and on-chain activity continue to rise. In the past 24 hours, the largest altcoin by market cap soared more than 4% to trade at $4,168.35 as of 5:38 a.m. EST, data from CoinMarketCap shows. This recent gain was enough to flip the crypto’s weekly performance into the green as well. However, the altcoin is still down over 16% from the all-time high…
Agentic AI is likely to reshape how users interact with their crypto wallets in the future — particularly in trading and payments. While AI and blockchain executives note that it can be safe, it also won’t come without a new set of risks. Last week, crypto exchange Coinbase announced its new tool, Payments MCP, which grants AI agents access to the same onchain financial tools used by people.Announcing Payments MCP, the easiest way for AI agents to get onchain via x402. 🚀It lets LLM models like Claude, Gemini, and ChatGPT gain access to onchain tools like wallets, onramp, and payments with…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Currently trading above $4,000, the Ethereum price is entering a make-or-break moment as corporate treasuries ramp up accumulation and retail ETF flows show signs of cooling. Related Reading: Solana Jitters Don’t Scare Whales As They Persistently Load Up On SOL – A Rally Ahead? While U.S. spot Ethereum ETFs logged a two-week outflow streak of approximately $555 million, a major corporate buyer stepped in, purchasing 19,271 ETH ($78.3 million) and lifting its total holdings to more than 859,000 ETH. Institutional Accumulation vs ETF Outflows Spot Ethereum ETFs…
Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price edged up over 3% in the past 24 hours to trade at $115,557 as of 3:59 a.m. EST on trading volume that skyrocketed 173% to $59.6 billion. That increase in the BTC price above $115,000 led to $500 million in liquidations, according to Coinglass. The rally came after US Secretary Bessent hinted on a potential deal between the US and China, which could be announced later this week after the presidents of the two countries met in Asia. BREAKING: US Treasury Secretary Bessent says…