An address possibly linked to a BitMEX co-founder has received DeFi tokens worth $2.05 million. The transaction involved 3,033 AAVE and 1.1253 million LIDO. Flowdesk sent the assets, suggesting a potential over-the-counter purchase. The altcoin narrative is gaining steam as Ethereum starts to outperform the markets. ETH, SOL, and XRP surged up to 10% in the past 24 hours while the largest cryptocurrency by value remained calm above $118,600. Amidst the shifting trends, crypto sleuths observed an interesting transaction linked […]
The strength in Ethereum has extended to the broader altcoin market. The token had touched an intraday high of $3,463 earlier in the day. The rally came as nine US-listed spot Ethereum ETFs saw their largest combined daily net inflow on record Wednesday. Ethereum rallied sharply over the past 24 hours, breaking above $3,400 for the first time since mid-January as record inflows into spot Ether exchange-traded funds (ETFs) and rising institutional accumulation reinforced bullish sentiment. Ether was trading at […]
Key takeaways FARTCOIN is up 19% in the last 24 hours and now trades above $1.4, The coin is targeting the $1.65 high as open Open Interest hits $1 billion. FARTCOIN surges 19% as memecoins continue to lead market charge The cryptocurrency market has continued its explosive start this week, with memecoins leading the charge. FLOKI is the best performer among the top 100 cryptocurrencies by market cap, while other memecoins like DOGE, SHIB, BONK, TRUMP, and FARTCOIN are also […]
The stablecoin issuer has minted $500M USDC on Solana today. It has minted $1B stablecoins in the previous week, bringing its July total past $3 billion. SOL trades at a key level, targeting the $200 mark. Solana is in the spotlight as altcoins rally with Bitcoin above the $120,000 zone after the US Congress passed the groundbreaking crypto bills. Amidst the rallies, stablecoin issuer Circle has minted $500 million USDC on the Solana blockchain today. The new injection has pushed […]
US House passed all three key crypto bills: the CLARITY Act, GENIUS Act, and Anti-CBDC Surveillance State Act. Despite the “historic” legislative wins, crypto markets remained flat, with Bitcoin down 0.89% to $118,849. The GENIUS Act (stablecoins) is the first major crypto bill to clear both chambers and is now on President Trump’s desk. The US House of Representatives has delivered a week of landmark legislative victories for the cryptocurrency industry, passing all three key bills aimed at providing long-sought […]
BlackRock seeks to enable staking in its ETHA fund, aiming to boost returns and efficiency for investors. ETH ETFs see $726M in daily inflows, with BlackRock’s ETHA leading at nearly $500M, amid rising demand. SEC openness to staking ETFs grows, following approval of the first Solana staking fund and increasing industry filings. BlackRock has filed to incorporate staking into its iShares Ethereum Trust (ticker: ETHA), the largest Ethereum exchange-traded fund (ETF) by assets under management. The move, disclosed in a […]
FLOKI surged 40% in 24 hours to $0.0001352, backed by a rare triple EMA bullish crossover and steady on-chain holding behavior. Technical indicators point to a potential move toward $0.000164, with Fibonacci levels confirming bullish momentum. Long-term holders aren’t selling into the rally, lowering supply pressure and reinforcing market confidence. FLOKI has recorded a sharp 40% price increase in 24 hours, pushing its value to $0.0001352 at the time of writing. On-chain and technical indicators suggest this surge may not […]
Bitcoin is holding steady above the $118,800 mark as the market digests its recent powerful rally to a new all-time high of over $122,000. While on-chain data now indicates that the first wave of heavy profit-taking has begun, particularly among short-term holders sitting on significant gains, some analysts believe that historical patterns still suggest room for another push higher, though they are also warning that “overheating” signals are beginning to flash. In a recent report, on-chain analytics firm Glassnode highlighted […]
Lawmakers voted 215 to 211 to advance the Guiding and Establishing National Innovation for US Stablecoins Act. The successful Wednesday votes marked a recovery for Republican leadership after Tuesday’s unexpected setback. Many House Democrats continue to push against all three bills. The US House of Representatives voted narrowly on Wednesday to resume its push on a slate of high-profile cryptocurrency bills, reviving what Republican lawmakers have dubbed “Crypto Week” after the initial attempt to advance the legislation collapsed earlier in […]
Cardano (ADA) has jumped 39% in July amid bullish technical patterns. Cardano founder Charles Hoskinson has denied scam claims. A break above $0.80 could push ADA toward $1 and beyond. Cardano (ADA) has surged in value following a mix of bullish technical patterns and a heated public exchange involving its outspoken founder, Charles Hoskinson. The price of ADA currently sits at around $0.75, climbing over 39% in July alone and catching the attention of traders and analysts alike. Despite the […]