Michael Saylor’s Strategy Boosts Latest Preferred Share Raise to $2B From $500M: Bloomberg
Strategy (MSTR), the world’s largest corporate bitcoin (BTC) holder helmed by Michael Saylor, has lifted the size its preferred stock offering STRC to $2 billion, Bloomberg reported on Thursday. That’s a significant raise from the original plan of issuing 5 million shares for $100 $100 each for a total of $500 million announced on Monday. […]
NEAR Protocol Rebounds 9% as Investors Capitalize on Market Dislocation
NEAR experienced notable price volatility over the 24-hour period ending July 24 at 15:00, with its token trading between $2.59 and $2.83. The sharp drop from $2.82 to $2.59 during early morning hours prompted high-volume trading of 7.91 million units, establishing a technical support level at the session low. This market dislocation attracted aggressive buying, […]
Ripple (XRP) News Today July 24th
Tremendous volatility, important warnings coming straight from the CEO – Brad Garlinghouse, whales going wild, and more – check out the most important news associated with Ripple (XRP) from the past few days. XRP Price on a Rollercoaster XRP has been the main subject of discussion throughout the past few days. The cryptocurrency went on […]
Bitcoin Consolidates in Bullish Pennant Near $118.9K as Technical Indicators Signal Neutral Momentum on 4H Chart
Bitcoin trades in a bullish pennant in the 4-hour chart, indicating indecision in the market. Its present formation follows a strong push upwards in the first couple of weeks of this month. The price action is also budgeted within an uplifting support line and a falling resistance trending line, gradually squeezing out the trading range. […]
BONK Jumps 6.5% as Solana-Based Meme Token Captures Market Share
BONK posted a strong recovery on July 24, gaining 6.5% in value from $0.0000335 to $0.0000357 during the 24-hour window ending 14:00 UTC. The Solana-based meme token rebounded from an earlier dip to $0.0000311, recording an 18% trading range before closing near its daily highs. Price action was fueled by renewed institutional interest and mounting […]
Hong Kong Warns Against ‘Stablecoins Craze’ As Two Arrested In $146.5M Laundering Bust
The Hong Kong Monetary Authority (HKMA) has warned against excessive hype around stablecoins and expressed concerns about stablecoin speculation in the market. The concerns have emerged just days before Hong Kong’s stablecoin ordinance, which will come into effect from 1 August 2025. Calling the ‘stablecoin craze’ an over-conceptualization, HKMA CEO Eddie Yue said, “We need […]
Crypto King Arthur Hayes Forecasts $250,000 Bitcoin and $10,000 ETH by 2025
Arthur Hayes, BitMEX co-founder, thinks Bitcoin will hit $250,000 and Ethereum will break $10,000 in 2025. Global credit growth and institutional demand will lift valuation. The crypto rally of 2025 has been unprecedented. By August 2024, many thought Bitcoin and some of the best cryptos to buy were teetering on the brink. It could have […]
Tether Keen To Re-Enter US Market After 2021 Retreat
New reports suggest that Tether is planning to re-enter the US market, driven by more favourable crypto regulations in the country. Paolo Ardoino, Tether’s CEO, in an interview with Bloomberg on 23 July 2025, pointed out that the company is making progress in its US expansion strategy following the signing of the historic stablecoin legislation […]
ATOM Surges 7% After Sharp Plunge to $4.47 Support Level
After a heavy bout of selling pressure during the early hours of July 24, ATOM demonstrated impressive resilience, rebounding from an intraday low of $4.47 to close the session at $4.77. The 7% swing within 24 hours—defined by a peak at $4.82 and a low at $4.47—was supported by heavy volume exceeding 2.28 million units, […]
Ether Surges 4% as ETH Treasury Firm BitMine Steps Up Bid to Acquire 5% of Supply
Ether extended its rally Thursday after BitMine Immersion Technologies (BMNR) announced that its holdings of the second most valuable cryptocurrency had surpassed $2 billion — just 16 days after closing a $250 million private placement to support its Ether treasury strategy. In a press release dated July 24, the Nasdaq-listed bitcoin mining firm said it […]
Zircuit Launches AI Trading Engine for Lightning-Fast, Cross-Chain Trading
George Town, Grand Cayman, July 24th, 2025, Chainwire Zircuit has announced its next major product: an AI-powered trading engine designed for lightning-fast, cross-chain execution. This launch builds on the success of Zircuit’s Deposit Vaults, which now secure more than $950 million in stablecoins, ETH, and BTC. The new AI Trading Engine—“Hyperliquid for AI Trading”—unlocks real-time […]
Hong Kong to Ban Unlicensed Stablecoin Promotions From August 1
Hong Kong’s new law makes it illegal to market unlicensed stablecoins to retail investors. Stablecoin issuers must secure an HKMA license to promote their products legally in Hong Kong. The HKMA warns the public about the risks of unlicensed stablecoin promotions in the market. Hong Kong will soon ban unlicensed stablecoin marketing to the public […]