Soaring stablecoin reserves at Binance, falling Bitcoin dominance and a bullish chart pattern point to a possible altseason starting in the bottom half of 2025.
Soaring stablecoin reserves at Binance, falling Bitcoin dominance and a bullish chart pattern point to a possible altseason starting in the bottom half of 2025.
Bitcoin’s inflow/outflow ratio fell to 2022 lows, and the cumulative volume delta shows short-selling pressure failing to push prices lower. Time for a rally?
IBIT now holds over 700,000 BTC, valued at approximately $75.5 billion at current prices. Since launching in January 2024, IBIT has become the dominant US spot Bitcoin ETF. It now accounts for over 55% of total BTC held across all US spot Bitcoin ETFs, according to data from Bitbo. BlackRock’s iShares Bitcoin Trust (IBIT) has surpassed 700,000 Bitcoin in holdings, marking a significant milestone for the spot Bitcoin exchange-traded fund. According to blockchain data platform Glassnode, IBIT now holds 700,000 […]
The move makes it the first publicly traded company in Japan to pay its top executive solely in cryptocurrency. The company currently holds a range of digital assets, including 1,051.56 BTC and 901.44 ETH. The development comes amid broader corporate interest in Bitcoin. Remixpoint, a Tokyo-listed energy consulting and crypto services firm, announced on Tuesday that it will begin compensating its CEO and President Yoshihiko Takahashi entirely in Bitcoin. The move makes it the first publicly traded company in Japan […]
Bit Digital shifts treasury from Bitcoin (BTC) to over 100K ETH. Dormant Ethereum wallets move millions after 10 years. ETH/BTC bull flag hints at a 35% breakout by August. Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalisation, is stepping into what many believe could be a transformative phase, marked by growing institutional alignment and renewed on-chain activity from long-dormant whales. Momentum around the asset has intensified in recent weeks, with fresh technical setups, corporate accumulation, and protocol-level proposals all […]
Floki Inu’s metaverse game has hit over 100,000 Veras minted since the June 30 launch. Valhalla has announced a $10,000 giveaway for early players. FLOKI’s weekly chart signals an explosive rally after prolonged declines. Meme coins are stealing the show as Bitcoin tests $109,000, trading at $108,955. Meanwhile, FLOKI appears poised to lead the potential bull run as its metaverse game, Valhalla, sees explosive growth following the mainnet launch. The game has seen over 100,000 Veras minted since the June […]
Solana’s network activity hit a record 15.39 million addresses. SEC fast-tracks SOL ETF filings after SSK ETF launch. SOL nears key $160 resistance amid strong technical setup. Solana (SOL) has seen an impressive 45.6% surge over the past three months, driven by record-breaking network activity and growing optimism around a potential exchange-traded fund (ETF) approval in the United States. Notably, the price hike has brought SOL closer to the key resistance zone around $160, raising hopes of a breakout as […]
DigitalX secures A$20.7M in strategic funding to expand its Bitcoin treasury. Majority of funds (A$19.7M) allocated to direct Bitcoin purchases. High-profile investors include Animoca Brands, ParaFi Capital, and Metaplanet’s CEO. Australian digital asset manager DigitalX has raised A$20.7 million (US$13.5 million) in a fresh round of strategic funding, deepening its commitment to a “Bitcoin-first” approach. The ASX-listed firm plans to use the funds to grow its Bitcoin treasury, with backing from heavyweight crypto investors like Animoca Brands, UTXO Management, and […]
Bitcoin continues to trade in a narrow range as the Asian trading day begins on Wednesday, with the world’s largest digital asset changing hands above $108,900. This period of consolidation comes as market observers point to a lack of strong conviction, even as a new filing reveals plans from Trump Media & Technology Group to launch a diversified ‘Crypto Blue Chip ETF’. Bitcoin is holding its ground, and the CoinDesk 20 index, a broad measure of the largest digital assets, […]
Solana’s newest memecoin launchpad, LetsBonk, doubled Pump.fun’s daily revenue with $1.04 million, shaking up the leaderboard in the memecoin space.