Author: Digicoinvision
Key Takeaways Tezos has a strongly bullish outlook in the short-term and long-term after reclaiming a key resistance zone at $0.7. Traders should now be wary of deep pullbacks and liquidity hunts. Tezos [XTZ] has gained 8.2% in the past 24 hours on the price charts. Coinalyze data showed that its Open Interest was up 51.2% in the same period. Thus, the rally had intense speculative bidding recently, but it was also a warning sign of a move driven solely by the derivatives market. Source: Coinalyze The Futures data showed an explosion in Open Interest over the past two days…
Bullish is charging into the public markets with a bold NYSE bid, signaling massive momentum for institutional crypto as investor appetite reignites and global ambitions scale fast. Thiel-Backed Bullish Makes High-Stakes NYSE Move Digital asset platform Bullish announced on July 19 that it publicly filed a registration statement with the U.S. Securities and Exchange Commission […]
World Liberty Financial moves to calm investor concerns with a token unlock plan, delaying insider access, rejecting new pre-sales, and putting community trust at the forefront. WLFI Clarifies Token Unlock Strategy, Delays Insider Access to Build Community Trust World Liberty Financial, a decentralized finance (DeFi) project that has garnered significant attention due to its strong […]
The KZG Ceremony was the largest multi-party computation of its kind (by number of participants). Through an open, accessible process, it produced a secure cryptographic foundation for EIP-4844. Learn more about how the Ceremony worked in Carl Beekhuizen’s Devcon talk: “Summoning the spirit of the Dankshard” As the Dencun upgrade approaches, this post will serve as a comprehensive record of outcomes and people that brought the Ceremony to life in 2023. Outcomes and Methods The Ceremony ran for 208 days: from Jan 13 13:13 UTC 2023 until Aug 08 23:08 UTC 2023 141,416 contributions made this the largest setup of…
The virtual currency market experienced notable movements today, with several assets emerging as top performers of the day, indicating remarkable performance in various sectors. Fresh data from market analyst Phoenix Group listed top assets that made substantial price gains over the past 24 hours. Top 10 Performers Today Mango Network (MGO) Mango Network (MGO) is at the top of the list because it witnessed the highest price growth in today’s crypto market. The asset recorded a whopping 76.0% price rise over the past 24 hours, making it value to currently trading at $0.0291. This indicates robust demand for MOG’s ecosystem…
Nearly half of all crypto-related mentions on social media this week centered around Bitcoin as it hit new highs, a level of dominance that may signal a local top and a potential short-term pullback, according to sentiment platform Santiment.“As Bitcoin’s market value crept above $123.1K for the first time in its 17+ year history, there was an equally historic social dominance spike,” Santiment analyst Brian Quinlivan said in a report on Wednesday.Surging Bitcoin chatter has led to price dips“43.06% of all crypto discussions were about $BTC just as the coin’s market value was peaking,” Quinlivan added. Quinlivan said that “the…
In a recent post on X, CRYPTOWZRD pointed out that Litecoin ended the day on a bearish note, with LTCBTC giving up its gains in a sharp reversal. He emphasized the need for stronger, more stable price action from the LTCBTC pair before expecting a solid move in Litecoin. For now, his focus remains on the intraday chart, where he’s watching closely for short-term opportunities to scalp quick trades. LTCBTC Spike Fizzles After Bitcoin Dominance Rebounds According to CRYPTOWZRD, Litecoin and its BTC pair (LTCBTC) both ended the day with bearish daily candle closes, signaling potential short-term weakness. Despite showing…
United States congresswoman Marjorie Taylor Greene said that the GENIUS stablecoin bill creates a “backdoor” for the government to effectively create a central bank digital currency, veiled as privately issued crypto tokens.The lawmaker said that regulated stablecoins feature “functional surveillance capabilities,” which make them indistinguishable from CBDCs. In a separate social media post, she added: “This bill regulates stablecoins and provides for the backdoor central bank digital currency. The Federal Reserve has been planning a CBDC for years, and this will open the door to move you to a cashless society and into digital currency that can be weaponized against you…
Dogecoin (DOGE) prices surged by over 17% in the past week, in line with a bullish altcoin performance, pushing the total crypto market cap to $4 trillion. The prominent altcoin is now facing major resistance at the $0.25 price level, the result of which bears significant implications for the current positive momentum. Popular market analyst Ali Martinez has weighed in on this situation, highlighting a chart pattern that favours a massive price breakout in the DOGE market. Double Bottom Formation Tips DOGE For 82% Rally In an X post on July 18, Ali Martinez presented a bullish technical analysis of…
Top Stories of The WeekCrypto execs center stage as Trump signs stablecoin bill into lawUS President Donald Trump signed one of the first bills related to crypto and blockchain of his administration into law on Friday after delays due to debates in the House of Representatives and Senate.In a Friday signing ceremony attended by many cryptocurrency company executives and high-ranking Republicans, including Vice President JD Vance and House Speaker Mike Johnson, Trump signed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act into law.The president acknowledged the support of several crypto figures in attendance, including Kraken co-CEO David…