Author: Digicoinvision
Key Takeaways Amid the price correction, $3,650 appears to be a key support for ETH; a breakdown could push the price 8% lower. There are heavy short positions around $3,768.9, making it a strong resistance level. Ethereum’s [ETH] price continues to consolidate near a key resistance level following weeks of strong upward momentum. Amid this, whales and institutions, with strong conviction, have been accumulating ETH and seizing the current dip as an opportunity. ETH accumulation surges In the past 24 hours, blockchain-based transaction trackers Lookonchain and Onchain Lens have revealed that whales and institutions have been accumulating massively. A newly created…
After nearly eight years of being trapped under a long-term resistance line, XRP is set to make headlines again as it inches closer to a historic breakout against Bitcoin (BTC). With XRP Spot ETF approvals still pending, this breakout could signal the start of a significant shift in momentum and price trajectory. XRP To Break Major Resistance Against Bitcoin The XRP/BTC trading pair is rapidly approaching a critical technical breakout that could reshape its long-term value outlook. Crypto market expert Gordon noted in his chart analysis on X social media that XRP/BTC is close to breaching an 8-year descending resistance…
The non-fungible token market is experiencing a resurgence, with increased trading volumes and renewed interest from both individual and institutional investors. This “digital renaissance” is fueled by factors like rising cryptocurrency values, new use cases for NFTs beyond art, and ongoing innovation in the space. Even though other challenges like environmental concerns and regulatory uncertainty still remain, the current trend suggests a strong recovery and potential for further growth. Hayes Predicts Punks NFTs Outpacing Ethereum In response to the recent short NFT market recovery, several notable individuals in the NFT industry have started sharing their opinion concerning the burgeoning NFT…
Litecoin (LTC) is picking up speed. The coin is now trading at $116 after rising 20% over the last seven days. Trade volume has also jumped by 1.30%, hitting $1.27 billion. Related Reading That’s a clear sign of growing activity. Over the past week, LTC has surged by 24%, reaching a high of $119.21. For many traders watching the charts, momentum is starting to build again. Bulls Eye $125 As Momentum Builds Crypto analyst Naveed said Litecoin has broken through a key resistance level. According to him, the price “filled the fair value gap” and moved higher just as predicted.…
Solana-based tokenized stocks surpassed $100 million in market capitalization less than one month since their official launch on June 30.According to rwa.xyz data, the tokenized stock market on Solana is valued at nearly $102 million as of July 22, representing a 242% increase from its $29.8 million size at the debut date. This market is fueled mainly by xStocks, issued by Backed Finance.As a result, Solana now accounts for 20.4% of the tokenized stock market. Notably, Ethereum and its layer-2 blockchains Arbitrum, Polygon, and Base account for $11.8 million, which makes Solana’s tokenized stock market over eight times larger.The largest…
When BNB finally pushed past $800 on July 23, it didn’t just break a price barrier; it also lifted its market value to $112 billion, firmly planting it as the third‑largest cryptocurrency in the world, only behind Bitcoin (BTC) and Ethereum (ETH) once stablecoins are taken out of the equation. Remarkably, among the top 100 tokens ranked by market value, BNB is the only asset with a track record longer than two years to stamp a fresh all‑time high this month, showing its evolution from an exchange utility token into a bona fide blue‑chip crypto asset. What’s Driving the Rally? Part…
MARA Holdings announced today a proposed private offering of $850 million in zero coupon convertible senior notes due 2032. The notes will be offered to qualified institutional buyers under Rule 144A of the Securities Act, with an option for initial purchasers to acquire an additional $150 million within 13 days of issuance. The notes will be unsecured senior obligations and are not expected to bear regular interest or accrete in principal. They will mature on August 1, 2032, unless earlier repurchased, redeemed, or converted. Redemption may occur on or after January 15, 2030, provided at least $75 million of notes…
Update (July 22, 2025, at 1:45 pm UTC): This article has been updated to add commentary by a Conflux spokesperson.Chinese blockchain Conflux announced a third version of its public network and introduced a new stablecoin backed by offshore Chinese yuan.According to a report from the Shanghai municipal government on Sunday, Conflux announced the developments during a three-day conference over the weekend. At the event, Conflux unveiled a partnership with fintech firm AnchorX and information technology security firm Eastcompeace to support the launch of an offshore yuan-backed stablecoin.The news follows AnchorX receiving in-principle approval for its yuan-pegged stablecoin AxCNH by Kazakhstan’s…
US prosecutors in the criminal case against Tornado Cash co-founder and developer Roman Storm offered testimony from an Internal Revenue Service (IRS) agent as they prepare to rest their case on Thursday.According to reporting from Inner City Press on Wednesday, IRS Criminal Investigation Special Agent Stephan George testified he had reviewed transaction records connected to cryptocurrency exchanges Crypto.com and Binance. George reportedly said that Storm “[had] control” over funds after an account connected to Binance sent crypto to Tornado Cash smart contract addresses, based on communications between the co-founders: Storm, Alexey Pertsey and Roman Semenov.The testimony followed a challenge from…
Hello everyone! My name is Mihajlo, and over the past six months as part of my Next Billion Fellowship, I’ve been working to bring the benefits of Web3 to the World Scouting Movement. Growing up in Serbia in the ’90s, I experienced firsthand the devastating effects that wars and sanctions can have on young people. There weren’t a lot of opportunities to find good role models or supportive peers. In that sort of environment, it’s easy for youth to become caught up in gangs or criminal activity. I would say it’s because of technology and the scouting movement that I…