Key takeaways BTC dips below $118k as altcoins record huge losses. The leading cryptocurrency could drop below the $116k support level if bearish sentiment grows stronger. Bitcoin stagnates around $117k as altcoins bleed The cryptocurrency market has been bearish over the last 24 hours after enjoying a bullish trend over the last couple of days. Bitcoin, the leading cryptocurrency by market cap, is down by less than 1% in the last 24 hours and now trades around $117k. However, altcoins […]
Two wallets dumped 1.25B PUMP coins within 2 hours, incurring $1.19M loss. The move came after Pump.fun founder confirmed delays in the much-awaited airdrop. The alt exhibits bearishness amidst community restlessness, down 4% in the past day. Pump.fun’s meme token has failed to keep pace due to massive dumps from key investors. PUMP has plummeted from its private sale price of $0.004 to $0.002202 amid overwhelming selling pressure since the July 12 public sale event. The meme token’s sell-off continued […]
Tesla’s Bitcoin (BTC) holdings are now worth ~$1.2 billion after a 30% BTC price rally in Q2. A new US accounting rule (FASB) now allows Tesla to report the fair market value of its crypto holdings quarterly. Tesla has not bought or sold any Bitcoin for eight straight quarters, with its holdings unchanged at a cost basis of $184M. Tesla’s significant Bitcoin holdings are now worth approximately $1.2 billion, thanks to a powerful 30% rally in the cryptocurrency’s price during […]
CryptoBatz NFTs floor price surged 400% after Ozzy Osbourne’s death. CryptoBatz NFTs trading volume hit $281K, soaring 100,000% in 24 hours. NFT market shows signs of revival amid renewed interest. The sudden death of rock legend Ozzy Osbourne has sparked a dramatic reaction in the digital collectibles market. Within hours of the announcement on Tuesday that the heavy metal icon had passed away at the age of 76, trading activity around his CryptoBatz NFT collection surged sharply. Fans and collectors […]
Bonk (BONK) price hovers above a key level after bulls gained 7%. Pudgy Penguins (PENGU) had briefly overtaken Bonk as the top Solana-based meme token by market cap. Analysts say BONK could explode higher amid overall memecoin resurgence. Bonk (BONK) and Pudgy Penguins (PENGU) are in a battle for top spot among Solana-based meme tokens. At the time of writing, Bonk was surging 7% in the past 24 hours to just reclaim the throne with a market cap of over […]
XRP briefly surpassed McDonald’s in market cap following its recent price surge. XRP price has dropped 5% after hitting a new high of $3.65. Ripple has moved 200M XRP from a 2020 wallet in a third massive transfer. Notably, after an impressive 500% surge since July 2024, XRP briefly outshone corporate giants like McDonald’s and American Express in market capitalisation. 📊 $XRP HAS SURPASSED A $215 BILLION MARKET CAP Ripple officially exceeded the market value of American Express and McDonald’s, […]
World Liberty Financial just bought 3,473 ETH for $13 million. The Ethereum (ETH) was staked on Aave to earn DeFi yield. WLFI coin launch expected within six to eight weeks. In a bold move that underscores its deepening involvement in decentralised finance, World Liberty Financial has acquired 3,473 ETH valued at $13 million. The acquisition was followed swiftly by staking the assets on Aave, a leading DeFi protocol. This strategic manoeuvre not only strengthens the firm’s crypto position but also […]
Flare price rose sharply as altcoins continued to steer bullish with Ethereum, XRP and Solana up. The FLR token was up 25% as bulls pushed from lows of $0.02089 to highs of $0.02722. With DeFi and broader market resilience, Flare could target a new all-time. The cryptocurrency market continues to trend bullish as top altcoins see gains, but not many can match Flare (FLR)’s explosive 25% outperformance in the past 24 hours. FLR’s gains dwarf those of key 24-hour performers […]
Polygon (POL) price jumps as Polymarket returns to the US. USDC micro-transfers on Polygon are up 141%. Polygon is expanding its stablecoin and real-world asset ecosystem. Polygon’s native token, POL, is showing fresh signs of life as the network sees a major resurgence in activity. The token has risen 7% over the past week and by 14% over the past two weeks. This resurgence reflects a larger shift within the Polygon (POL) ecosystem as it positions itself at the forefront […]
The ratio of global M2 money supply to Bitcoin in circulation has reached a record level. Only 21 million BTC exist, boosting scarcity appeal. The psychological framing of Bitcoin reaching $500,000—or even $1 million—is now gaining traction in both retail and institutional circles. As the world’s money supply expands at an unprecedented pace, a growing number of market participants believe Bitcoin could eventually hit $1 million per coin. The belief isn’t based on speculation alone—it stems from hard numbers. Central […]