The Consensys-developed Linea network says it will become one of the first Ethereum layer-2 networks to commit to burning Ether as part of its network design, as it shared new details of its upcoming token generation event and airdrop. Linea announced new staking and burning mechanisms for its upcoming token launch in an effort to become more aligned with the layer-1 blockchain, which it hopes will make the network the โhome for ETH capital,โ according to a statement sent to Cryptox. The move comes amid growing concern that layer-2 networks…
Day: July 29, 2025
$1,000 In XRP Could Be The Best Bet Of The Decade, Analyst Suggests
According to market analyst Common Sense Crypto, a $1,000 bet on XRP today could turn into between $10,000 and $50,000 during this cycle. Related Reading He pointed out that the same stake in Bitcoin would likely top out at around $1,300โ$1,500. That claim has caught the eye of many investors who are weighing where to put their crypto dollars. Strong ROI Comparison Common Sense Crypto ran the numbers. At XRPโs current price of $3.18, a $1,000 buy-in nets roughly 315 tokens. To hit $10k, each XRP would need to trade…
Why Is OMNI Price Up Today?
Key Notes OMNI jumps over 130% after Upbit announces OMNI/KRW pair listing. Upbit applies trade restrictions to avoid price manipulation. OMNI’s breakout from a technical pattern supports a $10 bullish target. While the wider crypto market remains largely flat, Omni Networkโs native token OMNI OMNI $5.29 24h volatility: 94.0% Market cap: $200.09 M Vol. 24h: $321.14 M has skyrocketed by over 130% in the past 24 hours. The sudden price spike follows the token listing announcement by South Koreaโs leading exchange, Upbit earlier today. Upbit announced that it will list…
Altcoin Season โ IT STARTED!!! 3 Experts Debate ‘Bitcoin Top’ In 2025
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Crypto Market in Reassessment, Bounce Likely Ahead
Key Notes Bitcoin ETF inflows fell 80% last week amid post-ATH cooldown. Glassnode notes that the derivatives market is still elevated, showing leveraged optimism. On-chain metrics still show 96.9% of the BTC supply in profit. Glassnodeโs latest weekly report suggests that Bitcoin BTC $118 439 24h volatility: 0.3% Market cap: $2.36 T Vol. 24h: $41.29 B rally has entered a โreassessment phaseโ after briefly touching its all-time high on July 14. The pullback led to a general cooldown across markets, but several indicators suggest the possibility of a price bounce…
Analyst Forecasts Major Surge For Ethereum Price, Eyeing $4,000 In Its Best July Yet
With the Ethereum price experiencing a decline on Monday amid a broader market correction, the altcoin continues to shine with one of its best performances in July to date.ย Over the past thirty days, the Ethereum price has surged by an impressive 80%, marking a significant recovery after a long period of consolidation and retest of lower levels that saw minimal bullish activity. Ethereum Price Poised For Breakoutย While other major digital assets like Bitcoin (BTC) and XRP have reported gains of 10% and 40%, respectively on the monthly time…
Top Bitcoin ASIC Maker Bitmain Plans US Production in 2025
The worldโs top Bitcoin mining application-specific integrated circuit (ASIC) manufacturer, Bitmain, is reportedly on the verge of opening its first US-based manufacturing plant. According to a Tuesday Bloomberg report, Bitmain plans to open its first US-based ASIC manufacturing facility in the coming months. The company also reportedly plans to open a new headquarters in Texas or Florida by the end of the third quarter of 2025. Irene Gao, Bitmainโs global business chief, told Bloomberg that chip production is expected to begin in early 2026, with full-scale manufacturing anticipated by the…
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UAE Lender RAKBANK Offers Retail Customers Crypto With Bitpanda
RAKBANK, one of the oldest lenders in the United Arab Emirates (UAE), is allowing retail customers access to cryptocurrencies through a partnership with Vienna-based crypto exchange Bitpanda, the companies said on Tuesday. Users can now access Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and Ripple (XRP) via RAKBANKโs mobile banking app, with plan to expand to more coins in the offer in the coming months, a spokesman said via email. The service includes buying, selling and swapping crypto assets using dirhams (AED), sidestepping the typical foreign exchange charges tied to trading…
Cardano Price Slides 5%, Is ADA Rally to $1.5 Still on Track?
Key Notes Cardano (ADA) has seen its price slip to $0.79, corresponding to a 5.16% drop within 24 hours. Instead of fundamental news, technical factors are believed to be responsible for this recent decline. The next 24-48 hours will determine whether the ADA price pullback will extend toward stronger support levels or not. In the early hours of July 29, Cardano ADA $0.80 24h volatility: 4.4% Market cap: $28.90 B Vol. 24h: $1.44 B saw its price drop to $0.79, corresponding to a 5.16% decline within 24 hours. Some…