U.S. President Donald Trump celebrated the newly released economic data and once again urged the Federal Reserve to cut rates. Three Percent GDP Jump Fails to Lift Bitcoin Past $118K Resistance U.S. gross domestic product (GDP) grew by 3% in the second quarter, according to new economic data published on Wednesday by the Department of […] Original
The Polygon Heimdall V2 mainnet, the consensus client for the Polygon proof-of-stake chain, went down on Wednesday due to a suspected “consensus bug,” the Polygon team said. The service has been since restored. Heimdall V2, which handles communication between nodes validators on Polygon, went down about 9:30 UTC and did not impact the Bor layer, used for block production and transaction processing, according to an update from Polygon. The disruption lasted one hour and was caused by an unidentified validator’s exit from the network, Polygon spokespersons told Cointelegraph. Block production…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Jeff Park, Head of Alpha Strategies at Bitwise, discusses his “radical portfolio” theory, advocating for a shift from the traditional 60/40 stocks and bonds allocation to a mix of 60% compliance assets (like stocks and bonds) and 40% resistance assets (such as physical gold, Bitcoin, and scarce collectibles like high-end art or Pokemon cards) to better diversify and hedge against financial repression and systemic risks in modern markets. Watch David and Bonnie’s interview with Jeff’s colleague Matt Hougan: *This video was recorded…
CryptoX Indices presents its daily market update, highlighting the performance of leaders and laggards in the CryptoX 20 Index. The CryptoX 20 is currently trading at 3924.15, down 1.1% (-42.13) since 4 p.m. ET on Tuesday. One of 20 assets are trading higher. Leaders: BTC (+0.0%) and ETH (-0.1%). Laggards: AVAX (-3.7%) and FIL (-3.5%). The CryptoX 20 is a broad-based index traded on multiple platforms in several regions globally. Source CryptoX Portal
The Smarter Web Company PLC announced the purchase of 225 bitcoins on Wednesday as part of its ongoing corporate treasury strategy. Smarter Web PLC Spends £19.9M on 225 Bitcoin Acquisition The London-listed technology firm paid an average price of £88,482 per Bitcoin, totaling £19,908,550. This acquisition increases the company’s total Bitcoin holdings to 2,050. The […] Original
Key Notes Currently, only 18.6% of TREE’s 1 billion token supply is in circulation with more token unlocks to follow as per the schedule. The TREE price crash comes with a 200% gain in trading volumes at $350 million, suggesting strong bearish divergence. The Bull Bear Power (BBP) suggests continued bearish dominance with potential downside to $0.30. TREE, the native cryptocurrency of Treehouse, has collapsed by more than 50% today, soon after the token launch, which coincides with Binance’s announcement of a TREE airdrop. This clearly shows a rocky start…
Key Notes The White House has scheduled the release of a crypto policy report for July 30. The document holds information on President Donald Trump’s administration’s stance on crypto-related subjects like tokenization. The cryptocurrency working group, established in the early days of Trump’s administration, is responsible for the release of the crypto policy report. The White House has scheduled the release of a crypto policy report for July 31, keeping the broader cryptocurrency sector in anticipation mode. This document holds details of the federal government’s stance on crypto assets as…
The US Securities and Exchange Commission (SEC) has acknowledged a Nasdaq filing proposing an amendment to BlackRock iShares Ethereum Trust (ETHA). This proposal seeks to enable the ETF to stake its Ethereum holdings, allowing it to participate in the ETH proof-of-stake consensus mechanism and potentially earn staking rewards. What Happens When Institutional Staking Goes Mainstream? BlackRock just received regulatory acknowledgment to include staking in its Spot Ethereum ETF. As mentioned by Çağrı Yaşar on X, acknowledging the filing isn’t a minor regulatory checkbox. It’s the US Securities and Exchange Commission…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Should you trade crypto or just hold it long term? In this video, we break down the key differences between crypto trading and HODLing, from risk levels and time commitment to psychology and long-term returns. You’ll learn: • The pros and cons of both strategies • What kind of investor each approach suits • Why some combine both for maximum impact • How to align your strategy with your lifestyle and risk tolerance Mastering your crypto journey starts with knowing your strategy.…
Key takeaways: Ether runs into resistance at $4,000, but strong technicals and rising institutional demand could drive ETH into price discovery. Ether’s ascending triangle pattern targets an ETH price of as high as $16,700. Ether (ETH) trades 23% below its $5,000 all-time high reached in November 2021, as the $4,000 level remains the key resistance to break. Multiple analysts believe the largest altcoin is ready for a breakout that will usher in “its biggest move of the cycle.” Ether technicals target a five-digit ETH price ETH price has already risen…