Fresh onchain data reveals that the mega whale behind the fourth of July’s $9.5 billion transfer of 80,000 BTC has peeled off 20,000 coins and sent them to a new, unidentified address. Bitcoin Mega Whale Quiet for 10 Days—Then Drops 20,000 Coins Into Shadow Address The shift was flagged by the tracking bot Whale Alert […] Original
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Crypto exchange OKX has joined the Global Dollar Network, a consortium promoting Paxos’ relatively smaller USDG stablecoin, in a move the exchange says could help accelerate adoption of a regulated US dollar-backed stablecoin. By joining the network, OKX’s 60 million global users will gain access to Global Dollar (USDG) for trading and transfers, the company announced Monday. OKX already supports several major stablecoins, including market leaders Tether (USDT) and USDC (USDC). Adding USDG — a newer, smaller entrant — could broaden access to regulated digital dollars through a project designed…
Native token of decentralized finance (DeFi) lending platform Aave surged to its strongest price in several months on Monday The bluechip DeFi token topped $330 during the session before cooling off at $316, gaining 8% over the weekend. The rally came as the DeFi sector is heating up amid a broader crypto rally, with bitcoin conquering fresh records above $120,000. Aave is the dominant player in DeFi lending, and has just hit $50 billion in deposits on the protocol, a fresh record level. The platform also poised to be one…
Key Notes Over 85% of transactions in the Ethereum ecosystem now take place on Layer 2 networks. Base has become the dominant L2, accounting for over 80% of all L2 transaction fees and operating at a 98.3% profit margin in May 2025. Despite the transaction shift, Ethereum L1 remains the core settlement layer, hosting 90% of stablecoin value and 83% of all real-world assets (RWAs). A new report highlights a major shift in the Ethereum ETH $3 050 24h volatility: 3.0% Market cap: $368.20 B Vol. 24h: $24.83 B ecosystem,…
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Bitcoin has reached a new all-time high once again, surging to $123,200 earlier today, a move that has reignited bullish sentiment across the cryptocurrency market. After weeks of steady consolidation and strong institutional inflows, the top cryptocurrency continues its upward momentum, breaking past key psychological levels and entering uncharted territory. Related Reading One of the most notable developments fueling this surge is the rise in demand from so-called “accumulator” addresses. According to top analyst Darkfost, these wallets—classified by their consistent behavior of only accumulating BTC without any history of selling—have…
Grayscale Investments confidentially submitted a draft registration statement for a U.S. initial public offering (IPO) to the Securities and Exchange Commission (SEC) on July 14, 2025. The digital asset management firm, a subsidiary of Digital Currency Group, aims to become a publicly traded company. Grayscale Files Draft Registration for U.S. Initial Public Offering The Form […] Source CryptoX Portal
Key Notes Sonnet BioTherapeutics, Inc. has decided to merge with Rorschach I LLC to become Hyperliquid Strategies. Hyperliquid Strategies will hold 12.6 million HYPE tokens and $305 million in cash, totaling $888 million in assets. The HYPE token has gained momentum as positive merger news fuels a broader crypto market rally. . Nasdaq-listed Sonnet BioTherapeutics, Inc. is set to merge with Rorschach I LLC to become Hyperliquid Strategies, Inc. As a new single entity, they will launch a HYPE HYPE $49.73 24h volatility: 4.0% Market cap: $16.61 B Vol. 24h:…
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