Day: July 29, 2025

Tron (TRX) Surges 4.2% as Stablecoin Demand Spikes to $82.7B

Key Notes TRX outperformed major altcoins with a 4.2% gain while SUI and AVAX lost momentum from previous week’s rallies. TRC-20 stablecoin supply jumped from $81.7B to $82.7B as traders sought safety amid market uncertainty on Tuesday. Federal Reserve meeting uncertainty and Trump’s criticism of Powell created flight-to-safety conditions favoring Tron’s dominance. Tron TRX $0.33 24h volatility: 4.0% Market cap: $31.64 B Vol. 24h: $3.24 B price rose 4.2% intraday on July 29, climbing to $0.33. The surge diverges from the correction seen across top altcoin markets, including Sui SUI…

21,021 Bitcoin Added to Strategy’s Treasury Following IPO

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Strategy (Nasdaq: MSTR/STRK/STRF/STRD) closed its initial public offering (IPO) of 28,011,111 shares of Variable Rate Series A Perpetual Stretch Preferred Stock (“STRC”) at $90 per share, raising approximately $2.521 billion. Estimated net proceeds totaled $2.474 billion after underwriting costs and expenses. The company used the net proceeds to acquire 21,021 bitcoins at an average price […] Original

Conflux (CFX) Price Explodes 28% as AxCNH Yuan Stablecoin Pilot Approaches

Key Notes CFX partners with AnchorX and Eastcompeace to launch AxCNH stablecoin for China’s Belt and Road Initiative cross-border payments. Technical analysis shows Bollinger Band breakout with potential targets at $0.30 and $0.34 if support holds above $0.17-$0.18. Trading volume surged 128% intraday as Chinese policy shifts favor regulated private stablecoins over state-controlled CBDCs. Conflux CFX $0.21 24h volatility: 10.6% Market cap: $1.06 B Vol. 24h: $925.45 M emerged among the few altcoins trading in green on Tuesday, posting a 28% rally, pushing its price to around $0.2439 amid fresh…

XRP Dormant Coins On The Move: Reason Behind Price Plunge?

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On-chain data shows old XRP tokens have been moving back into circulation recently, a potential sign that long-term holders have been taking profits. XRP Mean Dollar Invested Age Has Seen A Drop Recently According to data from the on-chain analytics firm Santiment, the XRP network has seen signs of movement from veteran hands. Two key metrics highlight this trend: Mean Dollar Invested Age and Age Consumed. The first of these, the Mean Dollar Invested Age, keeps track of the average age (in days) of every dollar invested into the cryptocurrency.…

Tornado Cash T-Shirt Stirs Controversy In Court

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Before Roman Storm’s defense attorneys rested their case on Tuesday, one matter that seemed to provoke some controversy in the courtroom was a T-shirt the Tornado Cash co-founder and developer wore at a crypto event in 2019. During opening statements in the US District Court for the Southern District of New York, both prosecutors and Storm’s lawyers reportedly brought up a Tornado Cash T-shirt the developer wore, which claimed to “wash” Ether (ETH) through the mixing service. A video posted by a 2019 ETHBoston attendee appeared to show Storm wearing…

Crypto bounces after Congress stumbles on key legislative hurdle

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CNBC’s Tanaya Macheel joins ‘Worldwide Exchange’ with the latest news. For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: » Watch CNBC on the go with CNBC+: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: Follow CNBC on LinkedIn: Follow CNBC…

ETH, BNB and TRON USDT Activity Points To Thriving Altseason

Key takeaways: The dominance of Ether’s futures volume surpassed Bitcoin for the first time since 2022. Tron-ecosystem stablecoin activity rose, pointing to capital inflows into the altcoin ecosystem. Ether (ETH) has gained everyone’s attention over the past few weeks, with new data showing a clear shift away from Bitcoin (BTC) as the biggest altcoin by market capitalization rallied more than 50% in a month. According to Glassnode, Ether perpetual futures volume dominance has overtaken Bitcoin for the first time since 2022, marking the “largest” volume skew in ETH’s favor on…

Twenty One to Add 5,800 Bitcoin Ahead of Listing, Holdings Top 43,500 BTC

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Twenty One Capital Inc. expects to acquire approximately 5,800 additional bitcoins from Tether before closing its planned public listing, increasing its total holdings to over 43,500 BTC. Twenty One Bitcoin Holdings to Reach 43,500 BTC Pre-Listing with Tether Boost The Austin-based firm anticipates receiving the bitcoin (BTC) upon closing its business combination with special-purpose acquisition […] Original

Abraxas Capital Faces $100M Unrealized Loss On $800M Crypto Short Positions – Details

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The crypto market is heating up once again as Bitcoin consolidates just below its all-time highs and Ethereum approaches critical resistance near the $4,000 level. Momentum is building across major assets, and volatility is picking up as capital rotates into altcoins. Traders are closely watching for a breakout, with many expecting a decisive move in the coming days. Related Reading Adding to the intensity, blockchain analytics platform Arkham (ARKM) has revealed that Abraxas Capital—a London-based investment management firm known for its aggressive crypto strategies—is currently down over $100 million on…

Best 2 Crypto Mining Websites 2025!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Best Crypto Mining! In this video, we review the best crypto mining sites and tools dominating the crypto mining space in the year 2025. If you’re beginning or growing your business, the review contains everything from the best crypto mining sites to the newest crypto mining applications that offer real worth. You can find the best new crypto mining projects, the best-rated crypto mining platforms, and true free crypto mining programs to aid you in passive income mining crypto. We include platforms…