Month: July 2025

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Bitcoin Bulls In Cloud 9? Analyst Identifies Where Risk Lies

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After a near-excellent start to the month of July, Bitcoin has performed even more impressively over the past few days.ย The premier cryptocurrency, after a brief period of sideways momentum earlier this week, has attained a new all-time-high valuation at a price close to $119,000. Unsurprisingly, the Bitcoin market is experiencing a wave of optimism โ€” an inference still heavily backed by the latest on-chain revelation.ย  Bitcoin Market Sentiment Shifts Bullish In a July 11 post on social media platform X, cryptocurrency analytics firm Alphractal delved into the current price action…

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Prolonged Bitcoin Bear Markets Still a Threat

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The four-year Bitcoin (BTC) market cycle of forming new all-time highs followed by deep corrections is not dead, contrary to popular belief, according to Xapo Bank CEO Seamus Rocca. In an interview with Cointelegraph, the CEO said that the risk of a prolonged bear market is still very real and does not need a โ€œcataclysmicโ€ event to trigger it. Things as simple as a general slowdown in news, developments, or routine portfolio rebalancing could cause the next market-wide downturn. He added: โ€œWe all want to think that Bitcoin is an…

Tether Changes Strategy In 2025โ€”5 Blockchains To Be Phased Out

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Tetherโ€™s latest move aims to streamline its stablecoin operations. The company plans to end USDT redemptions and token issuance on five older blockchains by Septemberโ€ฏ1,โ€ฏ2025. Any tokens left on Omni Layer, Bitcoin Cash SLP, Kusama, EOS and Algorand will become frozen after that date. Focus Shifts Away From Legacy Chains Based on reports from Tether, these five networks once helped drive its early growth. But current data shows a big drop in USDT activity there. Usage has been mostly flat for months. And with few new transactions, keeping those chains…

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Animoca Brands Taps DDC Enterprise to manage Yield for BTC Treasury

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Web3 company Animoca Brands signed a non-binding memorandum of understanding (MOU) with DayDayCook (DDC) Enterprise, a meal-prep and packaged food company that recently adopted a Bitcoin (BTC) treasury strategy, to manage Animocaโ€™s BTC holdings and generate a yield on those reserves. Animoca will allocate up to $100 million in BTC as part of the deal, according to a joint announcement from Thursday. Animoca Brands co-founder and executive chairman Yat Siu told Cointelegraph that DDC Enterprise was chosen in part because of CEO Norma Chu and her ability to cultivate a…