Shiba Inu (SHIB) Burn Rate Explodes by 2,000% Weekly: Further Price Rally Incoming?
TL;DR SHIB’s recent price pump coincides with a substantial resurgence of the project’s burning program. Despite strong fundamentals, Shiba Inu’s RSI is nearing 70, indicating it may be overbought and could face a brief correction. More Gains Ahead? Shiba Inu (SHIB) has followed the impressive resurgence of the cryptocurrency market over the past week, posting […]
Metaplanet Acquires 797 BTC Worth $93.6 Million, Total Holdings at 16,352 Bitcoin
Metaplanet has added 797 BTC to its holdings. The Japanese investment company spent around $93.6 million on the purchase. Each coin was bought at an average price of $117,451. This move brings the firm’s total Bitcoin holdings to 16,352 BTC. The current value of the holdings is approximately $1.64 billion. Simon Gerovich, CEO of Japan-listed […]
Digital Asset Fund Flows Hit $3.7B Last Week, 2nd-Highest on Record: CoinShares
Digital asset funds saw $3.7 billion of inflows last week, the second-largest figure on record, according to data tracked by crypto asset manager CoinShares. The flows are surpassed only by those in the week ended Dec. 6 last year, when they topped $4 billion, the Jersey-based company said in its weekly roundup on Monday. The […]
Metaplanet Snaps Up 797 More BTC in Aggressive Bitcoin Gold Rush
Japanese investment firm Metaplanet has expanded its Bitcoin holdings with the purchase of 797 BTC, after spending approximately 13.8 billion yen, which is worth around $93 million. The company acquired Bitcoin at an average price of around $117,000 per unit. Aiming for “Escape Velocity” Following the latest acquisition, Metaplanet currently holds 16,352 BTC, equivalent to […]
Bitcoin Bears Urge Caution as BTC Price Tops $122K: Crypto Daybook Americas
By Omkar Godbole (All times ET unless indicated otherwise) The crypto market is a sea of green with top coins extending near-vertical rallies that began over two weeks ago. Bitcoin (BTC) climbed above $122,000 for the first time on record, outpacing gold to become the best-performing asset in 2025. The rally has the crypto community […]
Cathie Wood Supports ETH Upgrade; Traders Push Back Hard
Cathie praised Ethereum’s upgrade plans, though she admitted she lacked full knowledge. Some traders accused her of promoting ETH without using it or knowing how it works. The upgrade will use zero-knowledge tech to help ETH scale faster while staying secure. Cathie Wood, CEO of ARK Invest, voiced support for the Ethereum Foundation’s recent proposals […]
Bhutan Quietly Sells $59M in Bitcoin as BTC Hits $123K, Still Holds Over $1.4B in Reserves
Bhutan is cashing in on crypto, again. The tiny Himalayan nation accelerated sales from its crypto treasury and offloaded over 512.84 bitcoin (BTC), worth $59.47 million, in the past four days, according to blockchain tracking platform Lookonchain, as BTC soared to over $123,000. Bhutan still holds 11,411 BTC even after this round of selling, a […]
Ether Sees Record Short Build up as Hedge Funds Pile on Basis Trade
Hedge funds have been aggressively shorting ether (ETH) during the recent uptick to $3,000 as they attempt to harvest a yield by carrying out a basis trade. Hedge funds are shorting ether to the tune of $1.73 billion on the CME, a venue favored by institutional traders, according to data from the Block, which cites […]
Is PI on the Brink? Pi Network Price Nears Crucial Support Zone
TL;DR Pi coin forms a triangle pattern with support at $0.4450 and resistance holding near $0.60. RSI and MACD suggest weak momentum, with no clear signs of a trend reversal yet. Large wallet received 1.56M PI from OKX, raising questions about potential team involvement. Pi Coin Hovers Near Crucial Price Zone Pi Network’s PI is […]
Bank of England Chief Warns Banks Against Stablecoins Amid Global Crypto Shift
Andrew Bailey, Governor of the Bank of England, has warned international banks not to issue their own stablecoins. He expressed concerns that these digital assets present systemic risks to financial stability. Bailey believes that with stablecoins there is a lack of protection and assurance that is normally provided with traditional bank deposits. Therefore, they might […]
Bitcoin Price Breaks 8-Year Resistance Line That Failed In 2017-2021
With the Bitcoin price rising to new all-time highs every other day, more crypto analysts have come forth with their predictions for where the pioneer cryptocurrency could be headed next. One analyst in particular points out an incredibly bullish development on the Bitcoin price chart that suggests that the rally is far from over. As […]
PENGU Leads Meme Rally With 26% Gain: What’s Behind the Sudden Uptick?
PENGU posted a strong breakout on July 13, 2025, gaining over 30% in a single trading session. The token opened the day at $0.023303 and reached a high of $0.032637 before closing at $0.030618 on Binance. Trading volume surged to 9.62 billion tokens, marking the highest recorded activity in months. Volume Surge Follows Early July […]