Day: July 10, 2025

Akave Unveils Enterprise Data Layer on Avalanche L1

Key Notes Akave has launched Akave Cloud, the first decentralized data layer on a dedicated Avalanche L1, targeting enterprise AI, DePIN, and SaaS clients. The launch comes as Avalanche sees major enterprise adoption from partners like Citi, the California DMV, and FIFA for its custom Subnet technology. Avalanche’s native token, AVAX, shows recent strength ahead of a key July 15 SEC deadline for a spot exchange-traded fund (ETF) decision. Akave, a decentralized storage network, has launched Akave Cloud on a dedicated Avalanche AVAX $19.49 24h volatility: 5.0% Market cap: $8.23…

Ripple CEO Wants To Take Over SWIFT’s Customers — Centrals Banks Tap In

boss

Ripple’s ambitions in the global payments space have grown louder and more direct, as its CEO Brad Garlinghouse, openly stated at APEX 2025 that the company is aiming to take over SWIFT’s customer base. The commentary follows Ripple’s long-term strategy to shift global banking infrastructure away from legacy systems to the blockchain-based XRP Ledger. Meanwhile, central banks are increasingly taking note, with recent reports revealing that the capacity of Ripple’s network is currently being studied alongside SWIFT’s systems in experiments. Garlinghouse Sets Sights On SWIFT’s Market Share Speaking at the…

Crypto Liquidations Hit $543M as Greed Returns — Coins to Watch

Key Notes Up to 122,338 traders were liquidated in the crypto market within the last 24 hours. The selloffs resulted in the liquidation of $543 million in digital assets, including BTC, ETH, SOL, and DOGE. Bitcoin recently hit a new all-time high of $112,000, with hopes of testing the $120,000 milestone soon. The cryptocurrency market has seen 122,338 traders liquidated in the last 24 hours. This shift in broader market sentiment led to total liquidations worth $543 million. Interestingly, this coincides with a notable uptick in the performance of digital…

PENGU Price Jumps 34% Amid Pudgy Penguins ETF Hype

Key Notes Daily trading volume for PENGU surged 500% to $864 million, while open interest rose 51% to $276 million. Whale wallets holding over $1 million in PENGU increased their holdings by 1%, signaling growing confidence and momentum. Crypto analyst Ali Martinez highlighted a bullish technical setup, forecasting a potential 200% rally to $0.60 by August. Meme coin PENGU PENGU $0.0153 24h volatility: 2.5% Market cap: $964.03 M Vol. 24h: $186.28 M , the native cryptocurrency of Pudgy Penguins, has registered a strong 24% upside in the last 24 hours,…

Chainalysis Integrates TON, Enhancing Blockchain Analysis Capabilities

Terrill Dicki Jul 10, 2025 15:00 Chainalysis has integrated The Open Network (TON) into its suite of products, bolstering blockchain analysis and compliance capabilities for its users. Chainalysis, a leading blockchain analysis firm, has announced the integration of The Open Network (TON) into its comprehensive suite of products. This development marks a significant expansion in Chainalysis’s capabilities, allowing for enhanced blockchain analysis and compliance support, according to Chainalysis. TON’s Growing Influence TON, which ranks among the top 25 blockchains in terms of…

Bhutan Moves 213 Bitcoin Units to Binance, Big Selloff Incoming?

Key Notes The government of Bhutan has transferred 213.5 Bitcoin to Binance, sparking a major selloff fear. Bitcoin price had just recently hit $112,000, a sign of profit-taking emerging in the ecosystem. Analysts expect the price of the flagship cryptocurrency to reach $120,000 amid mixed sentiments. A recent movement of Bitcoin BTC $111 499 24h volatility: 2.4% Market cap: $2.22 T Vol. 24h: $36.57 B by the government of Bhutan has raised suspicions amongst crypto enthusiasts. It turns out that the Royal Government of Bhutan transferred 213.5 Bitcoin to Binance.…

Cardano Foundation Increased Spending on Core Areas by 15% Last Year

Cardano Foundation, a not-for-profit organization that develops and supports the Cardano network, said it spent $22.1 million on its three core areas last year, a 15% increase from 2023. The money was allocated to adoption, operational resilience and education, according to the report, which is available to view on-chain via the Cardano Foundation’s Reeve tool. That’s up from $19.22 million the year before. Assets rose to $659.1 million worth of crypto from $478.24 million as crypto prices rose. The price of bitcoin , which now accounts for about 15% of…

Inside Flamingo DAO’s 9-figure NFT collection

boss

It’s been called the most powerful collector DAO in NFTs and the numbers back it up. Flamingo DAO, a collective of crypto-native art lovers, investors, technologists and founders, has quietly amassed one of the most formidable NFT portfolios on the planet, which even today is worth well above nine figures. Despite its relatively low public profile, Flamingo’s has been highly influential since launching in 2020. “We launched with support from Tribute Labs (formerly called OpenLaw) at a time when ETH traded near $350, ‘DeFi Summer’ dominated the headlines, and NFTs…