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Day: July 25, 2025
SharpLink Hires BlackRock Veteran After $2B BitMine ETH Buy
Sharplink, a major public company with significant Ether holdings, has hired a veteran BlackRock executive as the corporate Ether treasury race heats up. Former BlackRock senior executive Joseph Chalom has joined Sharplink as its new co-CEO, effective July 24, the company announced on Friday. In his new role at Sharplink, Chalom will be responsible for shaping and executing SharpLink’s global strategy in public markets and Ethereum-based digital infrastructure, his LinkedIn page reads. Chalom’s arrival at Sharplink comes amid BlackRock’s iShares Ethereum Trust (ETHA) becoming the third fastest exchange-traded fund (ETF)…
Ethereum Whales Accumulate Over $4.1B In ETH In Two Weeks – Details
Ethereum is showing renewed strength after a sharp but short-lived pullback. Following its recent high of $3,860, ETH dipped to the $3,500 zone — a key level that quickly attracted buying interest. Now, price action is pointing upward again, with Ethereum pushing to reclaim the $3,700 range, signaling bullish momentum may be back in control. Related Reading Despite the recent volatility, on-chain data support the case for continued upside. According to Santiment, whales have been aggressively accumulating ETH throughout the pullback. This surge in accumulation suggests that institutional players are…
Firedancer’s Full Potential Lies Beyond Solana’s Network
Solana’s next-generation validator client, Firedancer, may not reach full speed on the network it was built for as technical limits push developers to test it elsewhere. One of those developers is Douglas Colkitt, a former high-frequency trader who’s testing a hybrid validator setup called Frankendancer on Fogo, a Solana-compatible chain built to remove the constraints that currently prevent Firedancer from reaching its full potential on Solana. Colkitt, a founding contributor at Fogo, said the new blockchain isn’t trying to replace Solana but does discard some of Solana’s core assumptions, such…
Why Is Maple Finance’s SYRUP Price Up 23% Today?
Key Notes SYRUP’s price outlook remains positive amid governance proposal MIP-018, which recommends increased token buybacks. Maple Finance reported a 460% QoQ rise in syrupUSD AUM to $1.87 billion and $790 million in DeFi supply. SYRUP’s daily trading volume soared by 400% surpassing $884 million. Despite the broader crypto market consolidation, Maple Finance’s SYRUP token is up 23% today, hitting a high at $0.65. This massive rally comes following the token’s listing on South Korea’s crypto exchange Upbit, resulting in a massive liquidity boost for the altcoin. The daily trading…
Bitcoin’s open interest reaches $44B all-time high as BTC falls below $116K
Bitcoin fell to $115,002 on Thursday, slipping over 6% from its July 14 record peak as open interest surged to a new all-time high of $44.5 billion. As Bitcoin’s (BTC) price retreats, traders continue to open new positions at record… Original
$15B in BTC & ETH Options Expire — Volatility Ahead?
Key Notes Bitcoin has dropped nearly 3% to $115,000 amid selling pressure, including a reported 30,000 BTC sell-off by Galaxy Digital. The max pain point for BTC options is $112,000, with a put-to-call ratio of 0.93, indicating cautious optimism. Amid strong altcoin correction and huge liquidations, market sentiment is majorly bearish among options traders. Bitcoin BTC $116 089 24h volatility: 2.2% Market cap: $2.31 T Vol. 24h: $85.34 B , along with the broader crypto market, is facing some volatility ahead of the $12 billion BTC options expiry on July…
Bitcoin & Altcoins Expansion Waiting Room as ABC Completes with Leaders, XRP’s Time as Appeal Drops
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Blockchain Backer Newsletter – Blockchain Backer’s Technical Analysis Toolkit for Crypto – Blockchain Backer 702 Digital Art NFT Collection on XRP – Hi, I am the Blockchain Backer, bringing you the latest cryptocurrency news and analysis. The content of my channel primarily focuses on crypto news, motivation, and chart analysis on the XRP chart, Bitcoin chart, various Altcoin charts, and market cap charts. DISCLAIMER: I am not a financial adviser. Investing and trading is risky, and you can lose your money. The…
U.S. crypto framework is coming
After years of lagging behind global competitors, the US may finally be catching up on crypto policy, according to Senator Cynthia Lummis. In the latest episode of “Decentralize with Cointelegraph,” the Wyoming senator said recent developments mark a turning point. Milestones and progress “There were at least two significant milestones,” Lummis said, referring to last week’s so-called “Crypto Week” in Congress. The first was the GENIUS Act legislation, which authorizes payment stablecoins, went to President Trump’s office and was officially signed into law; the second, the CLARITY Act, will now go…
Strategy Targets Massive Bitcoin Buy With $2.5B Offering Set to Close Within Days
Fueled by a $2.47 billion stock raise, Strategy is preparing for another major bitcoin acquisition, reinforcing its aggressive bet on the crypto’s long-term market supremacy. Strategy Eyes Another Huge Bitcoin Allocation Pending $2.47B Raise Software intelligence firm Microstrategy (Nasdaq: MSTR), which has rebranded as Strategy, is positioning itself for another substantial bitcoin acquisition. On July […] Original