Author: Digicoinvision
Key Takeaways Defunct firms FTX and Alameda unstaked 189,851 SOL worth $30.94 million, triggering fears of a potential sell-off. And yet, Coinglass data revealed that bulls may be in control now, with $182.72 million in long positions and $80 million in shorts. With three consecutive green candles, Solana (SOL) turned bullish on the price charts. In fact, at the time of writing, it seemed like it might be poised for a massive upside rally soon. However, a recent report shared by blockchain-based transaction tracker Lookonchain has raised some concerns about a potential price dip in the coming days. FTX, Alameda…
As Bitcoin (BTC) continues to post new all-time highs (ATH), reaching as much as $118,869 on Binance, market indicators show little sign of overheating. The lack of retail-driven hype amid BTC’s record-breaking run suggests there may still be room for further growth in the flagship cryptocurrency. Bitcoin ATH Sees Absence Of Hype According to a recent CryptoQuant Quicktake post by contributor burakkemeci, Bitcoin’s current rally is notably characterized by the absence of retail investors. The contributor argues that this lack of retail participation implies BTC may still have significant upside potential. Related Reading The analysis centers on the Spot Retail…
What is the Lightning Network, and how does it work? The Lightning Network is Bitcoin’s most successful second-layer solution, a protocol built to handle rapid, ultra-low-cost transactions without clogging the main blockchain. By linking users through a mesh of bidirectional payment channels — essentially offchain smart contracts secured by the Bitcoin blockchain — it allows participants to send and receive funds instantly. The network settles only when a channel is closed, minimizing onchain load and maximizing speed.At the heart of each channel lies a 2-of-2 multisig Bitcoin address with a fixed capacity. As payments are routed through, each party’s balance is…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin’s summer rally accelerated in the early hours of 11 July, when the benchmark cryptocurrency sliced through $118,000 and printed exchange highs that peaked above $118,800, depending on venue data. The spike wiped out an estimated $1.25 billion in short positions within a single trading day,…
NFT-related tokens delivered the strongest sector performance in the second quarter, gaining an average of 55.4% even as dollar-denominated NFT trading volume fell to multi-year lows.Artemis data shows that the average gains from NFT-related tokens surpassed the second-best performance, which was Ethereum’s (ETH) 37.2%, by nearly 50%.Pudgy Penguins’ PENGU token accounted for much of the sector’s advance. Trading data showed PENGU closed at $0.01476 on June 30, up from its intraday low of $0.00387 on April 8. The move represents a gain of roughly 3.8 times in just 83 days.Daily turnover on Binance routinely exceeds $180 million in USDT terms,…
The crypto landscape has gone through a sudden shift as massive liquidations have taken place over past twenty-four hours. As per latest data, the cumulative liquidations of the crypto market have reached a stunning $1.28B mark over past 24 hours amid a sheer growth. These liquidations have reportedly impacted both short and long positions, while the short traders got a severe blow in this respect. Over $1.28B Liquidated in 24H as Crypto Market SurgesOver $1.28B was liquidated across the crypto market in the last 24 hours, with $146M from long positions and $1.13B from shortsTop exchanges by liquidations:• @Bybit_Official: $526.8M•…
The Smarter Web Company (AQUIS: SWC | OTCQB: TSWCF) announced it has purchased an additional 275 Bitcoin for £21.88 million as part of its ongoing treasury strategy under “The 10 Year Plan.” This brings the company’s total holdings to 1,275 Bitcoin, valued at over £100 million. The average price of this latest purchase was £79,563 per Bitcoin, increasing the firm’s overall average cost to £78,516 per BTC. The company reports a 31,263% year-to-date BTC yield on its treasury and a 30 day yield of 497%. “Since 2023 The Smarter Web Company has adopted a policy of accepting payment in Bitcoin,”…
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…
The security of the Ethereum protocol is continually being improved, and one recent effort is the external security review of the Pectra System Contracts. The results of this review can be found in the audits repository, and the TL;DR is that all discovered issues deemed relevant or important from these reviews have been addressed. Audit Scope and Methodology The Pectra System Contracts encompass several EIPs (EIP-2935, EIP-7002, and EIP-7251), and reviews were primarily done to: Evaluate the contracts for potential attack vectors.Ensure that the contract logic accurately implements the intended functionality as per the EIP specifications. A multi-phase approach was…
Key takeaways:Institutional flows are growing, but retail interest and App Store rankings remain unusually low.A weakening US dollar or major ETF adoption could push the crypto market cap well above its previous highs.Traders are always anxiously awaiting the start of a crypto super cycle, which is a deviation from the traditional four-year cycle of gains following each Bitcoin (BTC) halving. Since 2021, a number of analysts have suggested a new paradigm in which the crypto market would soar 400% beyond its previous highs. Take, for example, X user CryptoKaleo, who recently posted about the “real” super cycle.Source: X/CryptoKaleoEven if the…