Day: July 24, 2025

Hong Kong hoses down stablecoin frenzy, Pokemon on Solana: Asia Express

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Tokenized Pokémon card market gains momentum on Solana The tokenization of physical collectibles is quietly gaining momentum, with Pokémon cards based on the globally popular Japanese gaming and anime franchise emerging as a standout use case. On Solana, a new wave of platforms is turning real-world assets (RWAs) like Pokémon cards into non-fungible tokens (NFTs). One of the leading platforms in this niche is Collector Crypt, which has processed nearly $95 million in total volume in under a year, according to a Dune Analytics dashboard by X user zKayAPE. The…

Michael Saylor’s Strategy Boosts Latest Preferred Share Raise to $2B From $500M: Bloomberg

Strategy (MSTR), the world’s largest corporate bitcoin (BTC) holder helmed by Michael Saylor, has lifted the size its preferred stock offering STRC to $2 billion, Bloomberg reported on Thursday. That’s a significant raise from the original plan of issuing 5 million shares for $100 $100 each for a total of $500 million announced on Monday. STRC (dubbed “stretch” by the company) aims to deliver a regular dividend to investors, initially set at a 9% rate. According to the Bloomberg report, the firm is…

XRP Price Showing Quiet Strength As Next Breakout Level Lies At $4.65

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XRP has entered a period of quiet movement following its rally last week that pushed its price to new all-time highs. Particularly, XRP’s price has hovered between $3.40 and $3.60 over the past few days. This structure has caught the attention of crypto analyst CasiTrades, who shared her detailed outlook on the social media platform X. Her accompanying chart breaks down the ongoing setup and shows the significance of the $3.40 support alongside the bullish implications of XRP’s behavior just beneath the resistance zone. Former Resistance Now Support CasiTrades points…

Franklin Templeton Adds VeChain to $780M Tokenized Fund: Will VET Price Surge?

Key Notes Franklin Templeton’s $1.6 trillion AUM firm added VeChain to its SEC-registered tokenized Treasury fund portfolio. VET trades near $0.024 support with potential upside targets at $0.030 if it breaks above $0.028 resistance level. Institutional integration could reduce VET’s correlation with broader altcoin volatility and strengthen fundamentals. VeChain VET $0.0251 24h volatility: 0.9% Market cap: $2.16 B Vol. 24h: $68.64 M price rebounded on Wednesday, July 24, after investment giant Franklin Templeton added the blockchain to its $780 million tokenized US Government Money Fund. The move marks the firm’s…

MEV Centralization Threatens Ethereum — Research

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Maximal-extractable value (MEV) on the Ethereum network is becoming increasingly centralized, with arbitrageurs tightening their grip on transaction ordering. According to a recent research paper, these arbitrageurs, called “searchers” in the paper, are increasingly in-house or have exclusive contracts with maximal extractable value builders, who are responsible for block construction on the Ethereum network. MEV refers to the profit that blockchain validators or other participants can earn by reordering transactions within a block before it’s finalized. On Ethereum, MEV often involves strategies like arbitrage, front-running, or sandwich attacks, where traders…

BONK Price Forecast: 500 Billion Token Burn Sparks 6% Gains, What’s Next?

Key Notes BONK defied market trends with 6% gains while Solana memecoin sector dropped 10.2% to $15.1 billion market cap. The rally followed confirmation of 500 billion BONK token burn from network fees, boosting trader confidence significantly. Bulls defend $0.000032 support level targeting $0.000040 resistance as derivatives volume surged 54% intraday. BONK price settled at $0.000034 on July 24 after spiking to highs of $0.000037 and lows near $0.000031. This followed a 16% intraday range, highlighting high volatility across Solana-based meme tokens. BONK $0.000034 24h volatility: 4.4% Market cap: $2.63…

TRON (TRX) Above $0.31, But Is It Just the Beginning? Key Metric Shows Buyers Dominating

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

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Strategy Boosts Bitcoin Fundraise to $2B via Preferred Stock: Report

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Strategy Inc. dramatically increased its latest preferred stock sale targeting bitcoin purchases to $2 billion from an initially planned $500 million, Bloomberg reported Thursday, citing a person familiar with the matter. The bitcoin-focused treasury firm, led by Michael Saylor, priced its Series A Perpetual Stretch preferred shares (STRC) in New York amid strong investor demand […] Original