Beijing’s state media is rallying behind Chang’an Chain, a homegrown blockchain infrastructure hailed as a solution to China’s “root problem” of digital sovereignty. A profile on Qianlong.com credits researcher Dong Jin and his team for building a fully open-source and state-backed blockchain stack now powering national digital projects. Though little-known outside China, Chang’an Chain has gone through 21 iterations over six years and now claims to handle over 100,000 transactions per second — a benchmark often cited by next-generation blockchains aiming to match the scale of traditional financial networks. It…
Day: July 10, 2025
Bit Mining Shifts Strategy, Enters Solana Ecosystem With $300M Plan
Another bitcoin mining firm is pivoting. Bit Mining Limited announced a strategic expansion into the Solana ecosystem, planning a treasury of SOL tokens worth up to $300 million to fuel the company’s shift. Bit Mining Allocates Up to $300M for Solana Integration The NYSE-listed cryptocurrency mining company said this move aims to capture opportunities across […] Source CryptoX Portal
STAY ALERT 😯 Latest Crypto Market Analysis & BTC News Updates Today
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io STAY ALERT 😯 Latest Crypto Market Analysis & BTC News Updates Today Stay up-to-date with the latest crypto news today, featuring updates on Bitcoin, Ethereum, and other top cryptocurrencies. Get the latest trends and insights in the cryptocurrency market. The cryptocurrency market is known for its volatility, and it’s essential to stay informed about the latest developments to make informed investment decisions. In this article, we’ll cover the latest crypto news today, featuring updates on market trends, regulatory changes, and notable events.…
SUI Chart Pattern Confirmation Sets $3.89 Price Target
Key points: Bitcoin (BTC) surged to a new all-time high on Thursday, and the bullish sentiment has rubbed off on select altcoins. One such altcoin is Sui (SUI), which rallied 11.3% to $3.41. Could SUI continue its upward move? Let’s analyze the charts to find out. SUI price prediction SUI turned up sharply from the 20-day exponential moving average (EMA) ($2.92) on Wednesday and broke above the 50-day simple moving average (SMA) ($3.08) on Thursday. SUI/USDT daily chart. Source: Cointelegraph/TradingView The 20-day EMA is trying to turn up, and the…
US Senate Confirms Ex-Bitfury Exec To Lead OCC Banking Regulator
Jonathan Gould, who previously worked as the chief legal officer of blockchain infrastructure company Bitfury, has been confirmed as the head of the US Office of the Comptroller of the Currency (OCC) following a Senate vote. In a 50-45 vote in the US Senate on Thursday, a majority of lawmakers voted to confirm Gould to head the banking regulator. In addition to his work at Bitfury, Gould is a partner at the Cleveland-based law firm Jones Day and served as the OCC’s senior deputy comptroller and chief counsel from 2018…
Crypto scammer resentenced to 12 years for not paying victim
Nicholas Truglia, a crypto scammer convicted in 2022 and initially sentenced to 18 months in prison, had his sentence extended to 12 years on Thursday for failure to pay back a victim he targeted in 2018. Truglia failed to pay over $20 million in restitution to crypto investor and CEO of the public relations company Transform Group, Michael Terpin, according to Bloomberg. “At sentencing, Mr. Truglia demonstrated a willingness to repay his victim the entire amount stolen,” Judge Alvin Hellerstein wrote in a July 2 order. The order also read:…
Bitcoin Breakout Not Just Hype—$4.4B Inflows Back The Move
Bitcoin has set a new all-time high (ATH) above $112,000, and if on-chain data is to go by, there is some real conviction behind the move. Bitcoin Realized Cap Shows ATH Breakout Not Just Speculative In a new post on X, the on-chain analytics firm Glassnode has talked about the latest trend in the “Realized Cap” of Bitcoin. The Realized Cap is a capitalization model that calculates the asset’s total value by assuming that the ‘true’ value of each coin in circulation is equal to the price at which it…
Stablecoin showdown moves to the House after Senate clears crypto’s landmark bill
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CNBC’s MacKenzie Sigalos reports on the Senate’s passage of the GENIUS Act — the first federal framework for U.S. dollar-pegged stablecoins — marking a major victory for the crypto industry after a $250 million election push. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Bitcoin Smashes Through $117K on Bitstamp
Bitcoin blasted through a fresh all-time high today, touching $117,000 on Bitstamp during a powerful hourly breakout. The hourly chart reveals a strong bullish formation, with the digital asset consolidating for several days in a tight range between $110,000 and $113,000 before vaulting upward in a dramatic green candle. Volume kicked up notably in tandem […] Original
ETH Maxis Predict $3K But Pro Traders Are Skeptical
Key takeaways: ETH futures and options markets show hesitation despite spot ETF inflows and rising TVL figures. Layer-2 growth and lower fees haven’t translated to increased demand for ETH or sustained price momentum. Ether (ETH) price rallied 13.5% over two days, reaching $2,925 on Thursday, but traders remain unconvinced about a near-term move above $3,000. Despite the recent bullish momentum, ETH derivatives markets show a lack of confidence, raising doubts among traders about the potential for further gains. ETH 30-day futures annualized premium. Source: laevitas.ch The Ether monthly futures premium…