Author: Digicoinvision
SUI is attempting to reclaim a crucial resistance level after its massive performance over the past few weeks. As it breaks out of a triangle formation, some analysts suggest that a rally to a new all-time high (ATH) could be around the corner. Related Reading SUI Breaks Out Of Multi-Month Pattern On Tuesday, SUI broke above the $4.00 resistance for the first time since May, hitting a two-month high of $4.10. The altcoin has seen an 81% surge over the past three weeks, recovering from the June retracement and setting up for a rally continuation. Notably, SUI ended its multi-month…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As the crypto market continues its upward trajectory – with total market capitalization briefly surpassing $3.8 trillion yesterday – institutional interest in Ethereum (ETH) has grown increasingly evident. A growing number of corporations are now accumulating ETH at an unprecedented pace. Ethereum Demand Showing No Signs Of Exhaustion According to an X post by crypto entrepreneur Kyle Reidhead, current demand for ETH has been “insane.” Specifically, ten Ethereum treasury firms have collectively accumulated more than 550,000 ETH – worth approximately $1.65 billion – over the past 30…
The meme coin market is once again on the edge of a shake-up. PEPE’s recent growth hints at a shifting PEPE price structure that could soon attract fresh whale attention, while the TRUMP coin price continues to defy expectations, thanks to unexpected backing and viral community push. Together, these coins reveal how meme assets adapt rapidly to trends and investor mood. But it’s BlockDAG (BDAG) that sits quietly on top of this excitement, with a presale that has already surpassed $339 million and an ROI that many see as unmatched. Its confirmed exchange listings and new sports partnerships signal a…
GameStop CEO Ryan Cohen has teased that the video game retailer could start accepting crypto for trading card purchases and said the company’s Bitcoin buys aren’t copying MicroStrategy.Cohen told CNBC’s Squawk Box on Tuesday that GameStop shifted tactics to reduce reliance on hardware in the face of rising costs and focus more on trading cards and collectibles, which could one day be bought using crypto. “There’s an opportunity to buy trading cards and to do so using cryptocurrency. So, we’ll see how much there is on the actual demand side for that kind of product,” he said.“The utility of crypto beyond…
Update July 14, 2:15 p.m. UTC: This article has been updated to include a section on Circle’s IPO and the US regulatory landscape.Cryptocurrency-focused asset manager and exchange-traded fund (ETF) issuer Grayscale joined a growing list of crypto companies seeking to launch IPOs in the United States.On Monday, Grayscale said it had filed to list its company shares with the Securities and Exchange Commission (SEC) under a new clause that enables confidential filings ahead of a final public offering.Entering public markets would enable Grayscale to seek more funding opportunities through strategies such as public stock offerings, which was leveraged by Michael…
American financial services firm Cantor Fitzgerald is reportedly planning to acquire more than $3.5 billion worth of Bitcoin from Adam Back’s Blockstream Capital. Brandon Lutnick, the 27-year-old son of US Commerce Secretary Howard Lutnick, is close to finalizing a deal to purchase Bitcoin (BTC) through his firm Cantor Fitzgerald, according to reports in the Financial Times and Bloomberg on Tuesday that cited people familiar with the matter. The deal involves Cantor Equity Partners 1, a blank-check special purpose acquisition company (SPAC) that raised $200 million in January, and Blockstream Capital, a crypto trading group founded by Bitcoin pioneer Adam Back.BlockStream could swap…
Standard Chartered has launched spot trading for Bitcoin (BTC) and Ethereum (ETH) through its institutional crypto platform, expanding its presence in digital assets just as U.S. regulatory and investor attention turns sharply toward stablecoins.The launch follows a series of high-level meetings across Washington, New York, and Boston, where Geoffrey Kendrick, the bank’s Head of Digital Assets Research, spent the week of July 7 to July 11 engaging with crypto-native firms, Bitcoin miners, funds, and policymakers.According to Kendrick, nearly 90% of the discussions centered on stablecoins, despite Bitcoin hitting new record highs.Regulatory tailwindsInterest in stablecoins has surged as the GENIUS Act,…
New Zealander Julia DeLuney is accused of having murdered her 79-year-old mother, Helen Gregory, after funneling her money into crypto.According to a Tuesday report by Radio New Zealand, 53-year-old DeLuney is accused of killing her mother after stealing the money that she kept hidden in her home. Gregory reportedly distrusted banks and instead kept plastic packets hidden around the house.When Gregory was hospitalized after a fall in September 2023, DeLuney and her husband allegedly stayed at her house. The elder’s friends told the court that upon her return, she found the home in a poor state and noticed that money…
Bitcoin’s (BTC) on-chain activity has accelerated over the past few days, with the leading cryptocurrency by market cap hitting successive new all-time highs (ATHs). As a result, several metrics now indicate renewed interest from both long-term holders and recent participants. Older Bitcoin Moves Amidst High Profit-Taking According to a CryptoQuant Quicktake post by contributor Kripto Mevsimi, Bitcoin’s Coin Days Destroyed (CDD) has surged significantly over the past week. The metric climbed to 28 million, signalling that older BTC – dormant for extended periods – has begun moving again. Source: CryptoQuant For the uninitiated, Bitcoin CDD measures the movement of older…
Join Our Telegram channel to stay up to date on breaking news coverage Shares for the Swedish-based health tech firm H100 soared 45% yesterday after the company announced a $10 million raise to buy more Bitcoin as centralized treasuries now hold 31% of BTC’s total supply, according to Bitwise H100 closed yesterday’s trading session at 4.64 krona (40.49) on the Nordic Growth Market stock exchange. This has pushed the company’s share price growth to 280% since announcing its Bitcoin strategy on May 22, according to MarketWatch data. New H100 Raise Substantially Larger Than The Previous One H100’s latest raise is…