XRP price has gained 5% to hit $2.50, its highest level in nearly two months. Ripple’s token appears poised to challenge its 2025 high of $3.40. A breakout could potentially bring the all-time high of $3.84 into view, though support lies around $2.29 and $2.10. Ripple’s XRP posted a strong uptick as the cryptocurrency market witnessed a fresh dose of optimism amid Bitcoin’s surge to a new all-time high above $113,718. Bitcoin’s rally, which saw the benchmark digital asset trade […]
Kinto’s $K token plunged 99% after the Arbitrum mint contract exploit. Hacker minted 7M tokens and drained USDC via the Morpho lending platform. Kinto says user funds are safe and a full investigation is underway. Kinto Network has suffered a severe blow after a smart contract exploit linked to its Arbitrum deployment, leading to the collapse of the K token’s value. Within just 24 hours, the price of the $K token plummeted by over 99%, shocking investors and triggering a […]
YZi Labs backs first US-based BNB treasury firm by 10X Capital, which is targeting IPO. Nano Labs recently purchased $50 million BNB tokens and plans to increase this to $1B BNB. Binance Coin (BNB) has broken past $665, signalling a possible bullish move toward $733 target. While Bitcoin (BTC) has historically led the charge in corporate treasury strategies, Binance Coin (BNB) is now positioning itself as the next major digital asset to capture institutional interest at scale. Binance’s former CEO, […]
Key takeaways Bitcoin hit a new all-time high of $112k after adding 3% to its value on Wednesday. The coin could rally towards $115k-$120k if macro conditions remain favorable and price action holds. Bitcoin hits a new all-time high Bitcoin, the leading cryptocurrency by market cap, surged to a new all-time high price on Wednesday after adding 3% to its value. The new Bitcoin all-time high now stands at $112,128 as analysts predict the coin to hit between $115k and […]
GMX price fell 20% after the decentralised perpetuals exchange suffered a $40 million exploit on its V1 platform. Investor panic and concerns over repeated security incidents put bulls under pressure near $11.45. GMX’s response to stabilise confidence and mitigate further losses will be key. GMX, an on-chain perpetual and spot exchange, experienced a substantial security breach. The exploit, which resulted in the loss of approximately $40 million, has triggered a sharp decline in the value of the GMX token. As […]
Ethereum’s price rose 6% to above $2,800, driven by Bitcoin’s rally to $112,000 and optimism around ETH whale activity. The gains came as over $500 million in leveraged positions, including $139 million in ETH, were liquidated. Institutional interest and increased buying could drive Ethereum’s price higher. Ethereum (ETH) rose a decent 6% in 24 hours to reach highs above $2,800, with the top altcoin buoyed by a broader market rally. This is after Bitcoin (BTC) soared to a new all-time […]
Bitcoin has once again smashed through its previous records, surging past the $112,000 mark for the first time in its history to set a new all-time high on July 9. The milestone represents a significant achievement for the leading cryptocurrency as it continues to recover from the market aftershocks of US President Donald Trump’s tariff policies and solidifies its position in an evolving financial landscape. As the broader crypto market continues its recovery, Bitcoin (BTC) hit a new record high […]
Trump Jr. invests $4M in crypto-focused startup Thumzup despite minimal revenue. Thumzup allocates up to 90% of liquid assets to Bitcoin and other cryptocurrencies. Eric Trump joins crypto-heavy Metaplanet; both brothers advise Dominari Securities. Donald Trump Jr. has sparked fresh interest with a $4 million stake in Thumzup Media Corp., a little-known Los Angeles startup navigating the crowded world of social media and advertising tech. Thumzup, which pays everyday users to promote brands on Instagram, hasn’t made much noise financially […]
Elon Musk’s tweet has triggered a sharp rally in Peanut the Squirrel (PNUT) memecoin. PNUT trading volume has also surged over 150% to $273 million. Analysts predict a potential 654% breakout for PNUT. Elon Musk has once again ignited a crypto market frenzy, this time by reviving interest in an unlikely memecoin, Peanut the Squirrel (PNUT). A single post on X, formerly Twitter, triggered a sharp rally in the price of the Solana-based token, causing both volume and open interest […]
The move would give digital asset firms access to tax breaks and state funding. Dunamu paid ₩24 billion in taxes after losing venture status in 2018. Policy is part of President Lee’s pro-crypto economic strategy. South Korea is moving to formally recognise crypto businesses as venture companies, a decision that could give the industry access to tax relief, government-backed loans, and startup funding for the first time. The Ministry of SMEs and Startups has introduced a proposal to reclassify virtual […]