Day: July 31, 2025

Crypto Exchange Kraken’s Earnings Fell 6.8% Year-Over-Year to $79.7M in Q2

Cryptocurrency exchange Kraken’s income in Q2 2025 was 6.8% lower than in the equivalent quarter one year ago. The San Francisco, California-based exchange reported adjusted earnings before interest, tax, depreciation and amortization (EBITDA) of $79.7 million, compared to $85.5 million in Q2 2024. This was also a 57% drop from its EBITDA of $187.4 million in Q1. Kraken pointed out that “Q2 tends to be a seasonally lower quarter for trading activity across the industry,” in an earnings statement on Thursday. The exchange…

🚨WILL WAR END THE CRYPTO BULL MARKET?

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Bitcoin Whales Accumulated 218,570 BTC in 4 Months

Key Notes Bitcoin whale addresses collected 0.9% of the BTC supply in the past four months. This has been a major catalyst for the BTC price surge to $120,000. BTC and ETH withdrawals from CEXs gain momentum. Whale addresses holding 10 to 10,000 Bitcoin BTC $118 694 24h volatility: 0.3% Market cap: $2.36 T Vol. 24h: $45.90 B have shown strong interest in the digital gold over the past four months. These wallets have purchased 218,570 BTC, accounting for 0.9% of the token supply, since late March, according to data…

Ethereum Price Crash Or Rebound? Why $4,000 Holds The Key

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Ethereum has struggled with the resistance at $4,000 over the last three years and has yet to make a definite break above this level. The constant rejection from here suggests that this is now the level to beat if the Ethereum price is to ever resume its campaign for new all-time highs from here. Given this, how the price reacts now to this level will determine whether there is a major crash coming or if bulls can continue their domination and trigger an altcoin season. $4,000 Is The Decision-Maker For Ethereum After…

NFT Sales in July 2025 Hit $574M, Highest Avg Value in 6 Months

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Non-fungible token (NFT) sales surged to more than $574 million in July, the second-highest monthly volume this year, according to data from NFT tracker CryptoSlam.  The figure represented a 47.6% increase from June’s $388.9 million but trailed January’s $678.9 million, the highest monthly sales volume in 2025.  The number of transactions dipped from 5.5 million to five million, a 9% drop month-over-month. However, the average sale value climbed to $113.08, the highest in six months, suggesting a growing appetite for higher-value assets. Unique buyers dropped to 713,085, down 17% from…

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Ether Machine Acquires 15K ETH, Becomes Third-Largest Holder of ETH

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The Ether Machine added 15,000 ETH to its balance sheet in a $56.9 million purchase, resuming its long-term accumulation strategy, the company said on Wednesday. The latest acquisition, made at an average price of $3,809 per Ether (ETH), pushes the company’s total holdings to 334,757 ETH, it said in a news release, noting that it was timed to coincide with Ethereum’s 10-year anniversary. “We couldn’t imagine a better way to commemorate Ethereum’s 10th birthday than by deepening our commitment to Ether,” said Andrew Keys, chairman and co-founder of The Ether Machine. “We are…

Ethereum Set To Close July With The Highest Monthly Gain In 3 Years.

Ether has just clocked its best monthly return in three years, surging 56%, with one analyst calling it akin to a “90s tech stock” on the back of strong recent ETF inflows.  ETH is currently trading at $3,862, which is significantly higher than its July 1 opening of $2,468, according to CoinGecko. This marks the first time that Ether has given a monthly return of 50% or more in a single month since July 2022, when ETH surged by 56.62%, according to CoinGlass. Chart highlighting ETH’s monthly returns since March…