Day: July 22, 2025

SpaceX Moves $155M in BTC: Will Musk’s Company Sell?

Key Notes SpaceX just made a massive Bitcoin transaction to an unknown address. On-chain movements hint at a potential selloff. Bitcoin has been showing signs of a price correction. SpaceX, a space technology company founded by billionaire Elon Musk, made an on-chain movement for the first time since June 2022. According to data from Arkham, SpaceX’s Bitcoin BTC $118 307 24h volatility: 0.4% Market cap: $2.35 T Vol. 24h: $42.03 B address moved 1,308 BTC, currently worth $155 million, to an unknown address. The new wallet interacted with a coinjoin…

JPMorgan Reportedly Explores Lending Against Clients’ Cryptocurrency Holdings

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JPMorgan Chase is reportedly exploring the possibility of lending against clients’ cryptocurrency holdings, marking a significant shift in the bank’s stance on digital assets, according to the FT. This potential policy change comes as the largest U.S. banks increasingly embrace cryptocurrencies, despite CEO Jamie Dimon’s previous criticisms of bitcoin, which he once labeled a “fraud.” […] Source

Strategy to keep STRC Fund Pegged to $100

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Strategy, the world’s largest corporate Bitcoin holder, is launching a new kind of stock offering, aiming to raise more funds to invest in the world’s first cryptocurrency. Michael Saylor’s Strategy announced plans to conduct an initial public offering of 5 million shares of Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock (STRC). Strategy will use the net proceeds for “general corporate purposes, including the acquisition of Bitcoin and for working capital,” it announced on Monday. Unlike previous offerings, the STRC Stock will accumulate cumulative dividends at a variable rate…

The Ether Machine Goes Public to Offer Institutional Access to a $1.5 Billion Yield Opportunity

The Ether Machine, a company built around ether as a yield asset, has gone public on Nasdaq, backed by a war chest of 400,000 ETH (over $1.5 billion) to open yield opportunities for institutional investors. Company co-founder Andrew Keys believes that ethereum adoption has reached a “pivotal inflection point.” The Ether Machine Goes Public on […] Source CryptoX Portal

Exploring the Impact of Major News Events on Cryptocurrency Markets

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Discover how major news events shape cryptocurrency market dynamics, influencing price movements and investor sentiment. #Cryptocurrency #CryptoNews #MarketTrends #Investing #Blockchain #Finance #CryptoTrading #Regulation #MarketSentiment #NewsImpact #Shorts ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

PENGU Leads Top Memecoin List Amid 20% Daily Surge

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The Pudgy Penguins project has had a massive rally over the past week, stealing the spotlight in both the non-fungible token (NFT) and memecoin sectors. Amid its recent performance, some analysts suggest that the token is preparing for a 140% run to new highs. Related Reading Pudgy Penguins Catch NFT And Memecoin Rally On Monday, Pudgy Penguins (PENGU) became one of the leading memecoins after surging nearly 20% in the past 24 hours. The Solana-based token saw its price climb from the $0.031 mark to a six-month high of $0.040…

Solana Tops $200 — First Time Since February

Key Notes SOL crossed $200, boosted by institutional buying and protocol upgrades. DeFi Development Corp now holds 999,999 SOL and may soon buy more. Breakout from an ascending wedge targets $230–$250 if momentum holds. Solana SOL $185.7 24h volatility: 4.6% Market cap: $99.82 B Vol. 24h: $15.12 B roared back into the crypto spotlight, crossing the $200 mark for the first time since February earlier this year and breaking above the $14 billion market capitalization after an 87% surge in its trading volume in the past 24 hours. According to…