Breakout Above $2,800 Could Ignite Altseason

Ethereum surged over 5% yesterday, pushing past the key $2,700 level and signaling renewed strength across the altcoin market. After weeks of sideways action and uncertainty, this move marks a small but significant breakout, reigniting bullish sentiment among investors and traders. The breakout comes as Bitcoin continues to consolidate below its all-time highs, allowing ETH and other altcoins to take the lead. Related Reading Market participants are closely watching Ethereum’s price action, as its movements often set the tone for the broader altcoin space. Top analyst Ted Pillows shared a…

Justin Sun Backs Dual-Profit Mechanism for TRX, “Start Working”

Key Notes Justin Sun endorses a dual-profit model using sTRX and TRX Vault to maximize returns on staked TRX. The system enables users to earn staking rewards while using sTRX as collateral to mint USDD. Sun also committed $100 million to the Trump meme coin, strengthening TRON’s political ties. Justin Sun has thrown his weight behind a new dual-profit strategy for TRX holders, backing his call to make idle assets productive. In a recent post on X, Sun told a TRX TRX $0.29 24h volatility: 0.9% Market cap: $27.47 B…

BlackRock’s ETH ETF Could Draw $6B as Price Nears $3K

Key Notes BlackRock’s iShares Ethereum Trust (ETHA) now manages over $5 billion in assets, holding 1.8 million ETH. Ether (ETH) price rallied over 7% to approach the $2,800 mark, driven by a 77% increase in trading volume and a 13% surge in futures open interest. Whale accumulation remains strong, with 127,971 ETH bought in 24 hours by major players like SharpLink Gaming and Abraxas Capital. With the Ethereum ETH $2 780 24h volatility: 6.4% Market cap: $335.56 B Vol. 24h: $26.26 B price gaining more than 7% amid a broader…

Data of 27,000 Bitcoin Depot customers exposed in massive breach

The crypto ATM operator kept the leak quiet for over a year, citing federal procedures and law enforcement investigations. According to a recent filing with the Maine Attorney General’s office, the breach was first detected on June 23, 2024, when Bitcoin Depot identified suspicious activity on its information systems. The firm deployed an investigation in response, engaging third-party security experts to determine the extent of the breach.  On July 18, 2024, the investigation confirmed that a hacker had accessed documents containing the personal data of 26,732 customers. The stolen information…

Coinbase Adds ClearLoop for Off-Exchange Settlement

Coinbase International Exchange has integrated with Copper’s ClearLoop network to offer institutional clients access to off-exchange settlement amid “high” demand for more efficient and secure trading infrastructure. The collaboration, announced Thursday, allows institutions to manage collateral and settle trades in near real-time without moving funds onto the exchange, according to a press release shared with Cointelegraph. The move aims to reduce counterparty risk and boost capital efficiency, two major concerns for institutional crypto participants operating at scale. Ethena, a stablecoin protocol known for its role in hedging USDe, has been…

Circle Secures Partnership With Ant Group Subsidiary: Report

Key Notes Circle’s USDC stablecoin is set to be integrated into Ant International’s blockchain platform once US regulatory compliance is met. Ant International is pursuing stablecoin licenses in Hong Kong, Singapore, and Luxembourg. The partnership follows Circle’s $1.05B IPO and deepens its push to embed USDC into everyday financial services. Circle, the issuer of the USD-backed stablecoin USDC, has reportedly secured a partnership with Ant International, the global subsidiary of Jack Ma’s Ant Group. Sources familiar with the matter told Bloomberg that Ant International plans to integrate USDC into its…

‘Real’ Crypto Bull Run Just Beginning, Says Analyst—Here’s Why

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. In a livestream broadcast on X, independent market technician Kevin, known online as @Kev_Capital_TA, argued that crypto markets are only now entering what he called “the real bull run,” pointing to a confluence of technical signals,…

Grok’s Next Model to Finish Training in Weeks

The xAI team revealed its latest development plans following the launch of Grok 4, as founder Elon Musk shared bold predictions about artificial intelligence. During a Thursday livestream on X, the xAI team said the first public release of Grok 4 is based on the company’s sixth foundation model. A seventh version is currently in training and expected to be completed “in a few weeks,” with improvements focused on “weakness on the vision side.” The update is significant in light of Musk’s broader plans. During the livestream, he said that…