Bitmine Immersion Total ETH Holdings Hits Over $8 Billion With Latest $354.6 Million ETH Purchase
Bitmine Immersion total ETH holdings hits over $8 billion as the entity just bought another 78,791 ETH worth $345.6 million. This brings Bitmine’s total ETH holdings to 1,792,960 ETH, amounting to a price of over $8 billion, as the price of ETH trades in the $4,400 price range. The entity’s Chair, Tom Lee, has said […]
CRO Price Soars to 3-Year Peak as Cronos Chain Activity Surges
CRO trading volume rose significantly after Trump Media revealed a $6.4B deal with Crypto.com. Network activity hit records with transactions soaring, active wallets rising, and fees climbing. Despite substantial gains, CRO remains 64% below its ATH, while RSI signals overbought levels. Cronos has surged back into the spotlight, riding one of its most dramatic rallies […]
Over 100 Crypto Companies Join Forces To Protect DeFi In Market Structure Bill
115 crypto companies, investors, and organizations have come together to urge the US Senate to incorporate explicit protections for open-source software developers and non-custodial service providers in upcoming market structure legislation. This coalition, spearheaded by the DeFi Education Fund, includes high-profile supporters such as Coinbase, a16z crypto, and Ripple, all emphasizing the need for regulatory […]
92 crypto-related ETPs in the works: ‘Floodgates to open soon’
The exchange-traded funds look to track everything from Solana to XRP to Dogecoin, which combined make up trillions of dollars of the crypto market.
PYTH Skyrockets 91% After Securing US Government On-Chain Data Role
TL;DR PYTH gains 91% after being selected by the US government for blockchain-based data distribution. MACD bullish divergence signals a potential uptrend as the price breaks out following a major announcement. Despite the rally, smart money offloads $166K in PYTH, indicating profit-taking after a sharp price move. Pyth Network Chosen to Help Distribute US Economic […]
Can LYNO AI Outperform Layer-1 Giants and Disrupt the AI Token Market?
The cross-chain arbitrage that LYNO AI has means it can achieve a different level of trading efficiency compared to any Layer-1 blockchain. This is an AI-based platform that focuses on the areas of the fragmented decentralized markets by implementing the lightning-fast bot that established new standards in automated trading. In combination with its leading technology, […]
Binance Futures Trading Back Online After Brief Outage
Binance, the world’s largest crypto exchange by volume, restarted futures trading after a brief outage caused by a “system issue” affecting its Unified Margin (UM) product. “The issue affecting Futures UM trading on Binance has been resolved. All futures trading is now fully operational,” Binance said in a post on X. The outage left traders […]
Canadian Crypto Firm Luxxfolio Eyes $73M Raise After Pivot to Litecoin
Canadian crypto infrastructure company Luxxfolio has filed a preliminary shelf prospectus to raise up to CAD$100 million ($73 million) as it deepens its Litecoin-focused strategy and attempts to stabilize its balance sheet. Key Takeaways: Luxxfolio filed to raise up to $73 million as it deepens its Litecoin treasury strategy. The company aims to acquire 1 […]
Crypto Execs Launch $200M SPAC Bid with Nasdaq Listing Under ‘BIXIU’
A team of seasoned crypto executives is aiming to raise $200 million through a special purpose acquisition company (SPAC), adding to the surge of blockchain-related firms seeking public market exposure. Key Takeaways: Bitcoin Infrastructure Acquisition Corp. plans to raise $200 million via a Nasdaq-listed crypto SPAC under the ticker “BIXIU.” The SPAC will target firms […]
US Commerce Collaborates With Pyth Network, Price Surges 94% In 24 Hours
Pyth Network has collaborated with the U.S. Department of Commerce to publish GDP data on-chain. Hence, its price and derivatives are all soaring.
Dogecoin (DOGE) Still Tops Meme Coins, But Its Long-Term Potential Fades Compared to This Under-$0.005 Ethereum Token
Dogecoin (DOGE) remains one of the largest tokens in the meme coin world, boasting a market cap of over $33.1 billion and a community of millions that keeps it alive. Yet, after years of significant momentum, the coin’s momentum has decreased. That slowing hype makes investors wonder if the coin still has room to run […]
Bitcoin ‘Short Strangle’ Preferred as Market Signals Near-Term Calm: 10x Research
Bitcoin (BTC) defied expectations for significant volatility in August, trading within a range. As market dynamics indicate a continued low-volatility regime in the near term, 10x Research highlights the “short strangle” as an ideal play. “Given the current dynamics in the bitcoin options market, a short strangle looks well-suited for the next month. With bitcoin […]