Capital Rotates From Bitcoin to Ethereum, Triggered by Bitmine Immersion’s ETH Accumulation
The crypto market sees a steady shift in value flow, as capital rotates from Bitcoin to Ethereum. According to liquidity flow data, this shift was likely triggered by Bitmine Immersion’s aggressive ETH accumulation strategy. The increase in capital flow from BTC to ETH has also spurred expectations for altseason’s arrival, and several altcoin traders are […]
Bitcoin Long-Term Holders Have Realized Profits of 3.27M BTC This Cycle, Exceeding 2021 Cycle
Bitcoin (BTC) long-term holders (LTHs) have already realized more profit in this cycle than in all but one previous cycle (2016 to 2017), according to data from on-chain analytics platform Glassnode. This underscores elevated sell-side pressure and, when combined with other signals, suggests the market has entered the late phase of the cycle”. Since the […]
SOL Strategies Tops $1B Delegated SOL as 7,000 Wallets Back its Upcoming Nasdaq Uplisting
SOL Strategies, formerly known as Cypherpunk Holdings, has crossed a major milestone in its validator operations, reporting more than CAD $1 billion in Solana delegated to its network. The announcement comes as the company prepares for an anticipated uplisting to Nasdaq, marking one of the biggest steps yet in its bid to cement its role […]
CFTC Faces Leadership Crisis as Commissioner Johnson Leaves, Pham Joining MoonPay Soon
The Commodity Futures Trading Commission (CFTC) faces a massive leadership vacuum as Democratic Commissioner Kristin Johnson departs September 3, leaving Acting Chairman Caroline Pham as the sole remaining commissioner on the typically five-member bipartisan agency. Pham herself plans to join crypto payments company MoonPay once President Trump’s nominee Brian Quintenz finally receives Senate confirmation. News: […]
Metaplanet Shares Jump 6% on International Stock Sale, Financing Moves
Metaplanet Inc. (3350) rose 5.7% on Wednesday after the Tokyo-based company said it plans to sell shares to foreign investors, provided updates on recent capital actions and said it will temporarily suspend warrant exercises. The company plans to issue up to 555 million new Tokyo-traded shares through an international offering, subject to shareholder approval at […]
LINK Surges 38% in August on SBI Deal and On-Chain Growth
August has brought a surge for Chainlink’s LINK, which has climbed 38.6% despite Bitcoin’s turbulence. While many cryptocurrencies struggled, LINK kept rising, showing strong resilience and growing investor confidence. On-chain data mirrors conditions from late 2024, when LINK staged a powerful rally. A new partnership with SBI Group has also fueled optimism, reinforcing demand for […]
Ethereum Whales Accumulate Big as Market Eyes $5,000 Breakout
Ethereum is showing renewed strength in the market as whales accumulate more holdings. While the asset maintains a bullish outlook, analysts warn that key resistance levels remain difficult to surpass. At the time of writing, ETH is trading at $4,624, with a $558.83 billion market cap and $85.72 billion in 24-hour trading volume. The ETH
PENGU Eyes $0.0325 Resistance: Will Momentum Drive a Breakout?
Pudgy Penguins (PENGU) is currently trading at $0.03114, which is a 3.15% increase over the past day. The trading volume is also bearish, as it declined by 19.33% to 365.07 million dollars. In spite of the drop in activity, the token retains strength in price action. Source: CoinMarketCap The PENGU coin price has increased by
Canary Capital Files for Trump Coin ETF as Regulatory Questions Loom
Canary Capital has filed with the U.S. Securities and Exchange Commission (SEC) to launch the Trump Coin ETF. If approved, the fund will trade under the ticker MRCA. The filing marks the first attempt to create a regulated product tied directly to President Donald Trump’s memecoin, Official Trump ($TRUMP). CANARY CAPITAL FILES FOR $TRUMP COIN […]
Health-Care Firm KindlyMD Plans $5B Equity Raise for Bitcoin Treasury
KindlyMD (NAKA), the Nasdaq-listed health-care company that recently merged with bitcoin (BTC) treasury firm Nakamoto, is set to offer as much as $5 billion in equity to fund the purchase of more BTC. The Salt Lake City-based firm filed a shelf registration statement with the U.S. Securities and Exchange Commission (SEC) for an at-the-market equity […]
XRP Historical Performance Points To 200% Rally To $9.63
Presently, the XRP price is still struggling against bearish market forces that have actually pushed the price down further than expected. This is despite major developments like the end of the 5-year-long Ripple battle with the Securities and Exchange Commission (SEC) over the security status of XRP. Now, with the most important hindrance of the […]
Dogecoin Slides 5% After a Failed Breakout – What Next for DOGE?
Dogecoin’s DOGE tumbled more than 5% today after failing to hold the $0.25 resistance level. The slide wiped out all of last week’s gains, leaving traders cautious. Open interest dropped sharply, showing declining bullish sentiment across the market. Whales have been active, shaking confidence and testing key support levels. Investors now weigh whether DOGE will […]