Author: Digicoinvision
Ethereum has surged past the $3,000 mark for the first time since February, riding on the renewed momentum sweeping across the broader crypto market.According to CryptoSlate data, ETH’s price peaked at $3,033 during the last 24 hours amid a 9% increase. However, its value has slightly retraced to $2,991 as of press time.This milestone follows Bitcoin’s explosive rally to a new all-time high above $118,000, which has sparked renewed interest in risk-on digital assets.While this momentum has partially fueled Ethereum’s rise, the second-largest crypto is also backed by significant on-chain developments and investor activity.What is fuelling ETH’s price rise?On-chain data…
The number of crypto wallets holding at least 1 million XRP tokens has reached an all-time high, coinciding with a 26% surge in XRP’s price over the past week.“Not only are there more XRP whales than ever, but the total supply they hold is also increasing,” onchain analytics platform Santiment said in a report on Friday, noting that the number of wallets holding over 1 million XRP (XRP) tokens has surged to a new all-time high of 2,743.47.32 billion XRP tokens are now held by whales“XRP is also showing signs of strength,” Santiment said. “This dual trend is a very…
Institutional investors across the EU and UK are significantly increasing their cryptocurrency allocations, with 86% planning to boost holdings or enter the market in 2025, according to a Coinbase and EY-Parthenon survey of 97 institutions. DeFi Engagement Set to Jump 2.5x in European Institutions Half of respondents intend to allocate over 5% of their assets […]
The number of crypto wallets holding at least 1 million XRP tokens has reached an all-time high, coinciding with a 26% surge in XRP’s price over the past week.“Not only are there more XRP whales than ever, but the total supply they hold is also increasing,” onchain analytics platform Santiment said in a report on Friday, noting that the number of wallets holding over 1 million XRP (XRP) tokens has surged to a new all-time high of 2,743.47.32 billion XRP tokens are now held by whales“XRP is also showing signs of strength,” Santiment said. “This dual trend is a very…
My dear Ethereum community, Today, I’m excited to turn the page and share that I will be closing this chapter as Executive Director of the Ethereum Foundation soon and stepping into a new role as its President. This new opportunity will allow me to continue supporting EF’s institutional relationships, and to expand the reach of our vision and culture more broadly. I’m feeling deeply grateful and enthusiastic for what’s ahead, and while I made this decision a year ago, recent events have given me the perfect opportunity to reflect on what truly matters to me. These past few weeks have…
The decentralized oracle network Chainlink (LINK) continues to top crypto’s real-world asset (RWA) sector in terms of recent development activity, per new research from the analytics firm Santiment. Santiment notes in a new post on the social media platform X that Chainlink registered 351 notable GitHub events in the past 30 days. The figure far exceeds the second-ranked RWA project, the layer-1 blockchain Avalanche (AVAX), which clocked 183.4 GitHub events in the past month. The peer-to-peer payments project Stellar (XLM) was third, with 144.57, and Axelar (AXL), a programmable Web3 interoperability platform, was fourth, with 113.77. Source: Santiment/X Chainlink has occupied the…
Key takeaways:Bitcoin is ahead of its long-term “power law” curve, historically leading to euphoric price highs in previous cycles.A falling dollar and anticipated Federal Reserve interest rate cuts may trigger a broader risk-on rally, with Bitcoin as a major beneficiary. Spot Bitcoin ETFs have captured 70% of gold’s inflows in 2025.Bitcoin (BTC) has rallied by 10% in July, reaching new highs at $118,600, and this could be just the beginning of a parabolic rally according to anonymous Bitcoin analyst apsk32. The analyst said that Bitcoin could be worth as much as $258,000 if history repeats itself. According to apsk32, Bitcoin’s price…
Join Our Telegram channel to stay up to date on breaking news coverage StepN Go, a renowned move-to-earn lifestyle mobile application, has partnered with Karate Combat, the first fan-governed striking league in the real world, to launch a non-fungible token-based sneaker collection. The highly anticipated NFT sneaker collection will be launched on the Solana, an open-source blockchain that supports smart contracts, including non-fungible tokens and a variety of decentralized applications. Karate Combat Taps StepN For An NFT Mint In a June 23 blog post, StepN Go and Karate Combat confirmed a partnership to launch a non-fungible token sneaker collection. The…
The Akon City project, a high-profile initiative by singer Akon, has been officially terminated following an agreement between Akon and a state owned enity. Akon City Terminated Amidst Construction Delays The futuristic crypto-themed Akon City project, a high-profile initiative from Senegalese-American singer and entrepreneur Akon, has been officially terminated. Akon and the Senegalese Coastal Development […]
The NFT market has posted a recovery with sales volume rising by 8.17% to $125.1 million. This marks a rebound from the previous week’s decline. Bitcoin (BTC) has surged to the $107,000 level. At the same time, Ethereum (ETH) has remained steady in the last seven days. The global crypto market cap is now $3.29 trillion, down from last week’s $3.28 trillion. According to data from CryptoSlam, market participation metrics remain stable with NFT buyers unchanged at 1,061,348 (maintaining a 50.56% growth rate), and NFT sellers rising by 8.09% to 38,494. NFT transactions have increased by 1.82% to 1,717,339. Immutable…