Author: Digicoinvision
Key takeaways:SOL price has climbed to a five-month high, driven by strong technicals and rising network activity. Solana’s cup-and-handle pattern targets a SOL price of as high as $6,300.Solana’s (SOL) price rallied 34% over the last 30 days, reaching a five-month high of $193 on Monday. SOL/USD daily chart. Source: Coitelegraph/TradingViewSolana is 35% below its all-time high at $295, and multiple analysts believe that the sixth-largest cryptocurrency will enter price discovery soon.Solana targets $6,000 after bullish breakoutSOL price has already risen by over 2,400% since establishing a cycle low of around $10 in November 2022. In doing so, its price has painted…
Trump Media and Technology Group, the company that owns US President Donald Trump’s Truth Social platform, said it held about $2 billion in “Bitcoin and Bitcoin-related securities” just a few days after significant cryptocurrency bills pushed by Trump advanced in Congress.In a Monday notice, Trump Media said it had acquired Bitcoin (BTC) as part of an investment strategy announced in May, in which it allocated $1.5 billion from stock sales and $1 billion from convertible senior secured bonds to purchase the cryptocurrency. The media company said it would continue to acquire “Bitcoin and Bitcoin-related assets” depending on market conditions. The notice…
Tether, issuer of the world’s largest stablecoin, said on Sunday it had frozen $85,877 in USDt (USDT) tied to stolen funds, acting in “collaboration with law enforcement.” The move has reignited debate over the role of centralized stablecoin issuers in enforcing crypto compliance.The freeze, while relatively minor compared to other such actions by Tether, adds to the company’s growing record of intervention. Tether says it has frozen over $2.5 billion in USDt linked to illicit activity and has blocked more than 2,090 wallets in cooperation with global authorities.Source: Paolo ArdoinoRelated: Embedding human rights into crypto isn’t optional, it’s foundationalStablecoins: a…
Blue Origin, the privately-owned space technology company launched by Amazon founder Jeff Bezos, said Tron founder Justin Sun will be joining the crew of its next mission, which is expected to launch in a matter of weeks.In a Monday notice, Blue Origin said Sun would join five others as part of the company’s 34th mission using its suborbital rocket system New Shepard, named after the first American in space, Alan Shepard. According to the company, Sun placed a bid for the first seat on the mission in 2021, contributing $28 million.Announcing the crew of the next mission. Source: Blue OriginThe…
Greetings, Ethereum builders and enthusiasts! Devconnect Istanbul is just around the corner, with only two months to go! We’re here to remind you why we’re so excited about this event and to share some important updates and information. Don’t forget to secure your Devconnect Cowork ticket here, and if you need more information on what Devconnect is all about, head over to devconnect.org to learn more. Attend Devconnect to shape the future of Ethereum 🌍 Devconnect is a gathering for those eager to advance Ethereum. By participating you can: Make progress happen: The events listed on the Devconnect schedule are…
Key Takeaways Versan Aljarrah believes Ripple’s RLUSD will serve as the U.S. Treasury’s primary tool to globalize the dollar and soon replace unregulated stablecoins like Tether’s USDT. After months of negotiations, lawmakers have finally approved the GENIUS Act, marking a major milestone in U.S. crypto regulation. While the legislation aims to streamline oversight and strengthen trust in stablecoins, industry leaders argue that its true impact could extend far beyond basic compliance. Versan Aljarrah on XRP’s rise Versan Aljarrah, co-founder of Black Swan Capitalist, has floated a bold prediction that Ripple [XRP]’s upcoming stablecoin, RLUSD, could become the U.S. Treasury’s weapon…
Ethereum is showing renewed strength after a sharp rally of over 50% in less than a week, pushing prices firmly above the $3,700 level. The move signals clear bullish control, with ETH reclaiming critical territory and holding steady near recent highs. The rapid price expansion has reignited optimism across the market, as traders and analysts closely watch for continuation or signs of exhaustion. Related Reading Currently, Ethereum’s momentum suggests that bulls are preparing to challenge the psychological $4,000 barrier. According to key derivatives data, this level represents a critical pressure point for bearish positions. If reached, massive short positions could…
Join Our Telegram channel to stay up to date on breaking news coverage The UK treasury is looking to sell over £5 billion ($6.7 billion) in seized Bitcoin to help reduce the country’s budget deficit, but critics are challenging the ownership of the BTC. That’s according to a report in the Daily Telegraph, which says Chancellor of the Exchequer Rachel Reeves and the Home Office are working with law enforcement officials to sell the UK’s Bitcoin stash. Ponzi Scheme Victims Want Their BTC Back Police handle seized crypto sales in the UK, but Reeves has reportedly stepped in after the crypto…
A JP Morgan executive has downplayed concerns regarding the U.S. national debt and President Donald Trump’s tariff policies, asserting that these issues do not threaten U.S. dominance. Addressing Critics’ Fears: National Debt and Tariff Policy A senior JPMorgan Chase & Co. executive has dismissed concerns that the spiraling national debt and President Donald Trump’s tariff […]
Ethereum treasury firm BTCS significantly expanded its holdings, which now surpass $200 million. Ethereum (ETH) is slowly becoming a major crypto treasury asset. On Monday, July 21, BTCS, a publicly traded Ethereum treasury firm, announced a major expansion to its Ethereum holdings. Currently, the company holds 55,788 Ethereum, a 516% year-to-date increase. These holdings, combined with cash and other liquid assets, amount to $242.2 million. Additionally, the company agreed to issue $10 million in convertible notes. The funding will come from the previously arranged $56 million investment with the investment firm ATW Partners. This funding is modest compared to the…