▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Strategy executive chairman Michael Saylor joins ‘Squawk Box’ to discuss the company’s new stock offering, bitcoin buying trends, crypto regulation, and more. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
After achieving its highest weekly close to date, Bitcoin (BTC) is now attempting to confirm two crucial levels as support before continuing its rally to new highs. Some analysts have suggested that the cryptocurrency may be experiencing a “calm before the storm” phase. Related Reading Bitcoin Set For Key Support Confirmations Bitcoin managed to close above two crucial levels over the past few days, recording its highest weekly close in history. Last week, the flagship crypto positioned itself for a reclaim of its final major weekly resistance around $109,000 after…
Bit Digital has officially pivoted to a fully Ethereum-based treasury strategy, dumping its remaining Bitcoin holdings in favor of the world’s second-largest cryptocurrency. According to a press release on July 7, the Nasdaq-listed company has sold about 280 Bitcoin (BTC) and now has about 100,603 Ethereum (ETH), making it one of the biggest institutional Ethereum holders in the world. The strategic pivot follows Bit Digital’s $172 million public offering in June, the proceeds of which were used exclusively to purchase Ethereum. The company already held 24,434 ETH as of March…
Singapore-based cloud Bitcoin miner BitFuFu has logged its most significant production month for the year, attributed to an expanded mining fleet. BitFuFu said on Monday it mined 445 Bitcoin in June, representing an 11.3% month-over-month increase for the firm. It said that 387 Bitcoin (BTC) came from cloud mining and 58 from self-mining. Leo Lu, chairman and CEO of BitFuFu, said June has been its “most productive month of 2025,” which he attributes to the “continued expansion of our mining fleet.” In January, BitFuFu said it had signed a two-year…
Most people use the weekend to unwind, not Jack Dorsey, CEO of Bitcoin tech firm Block and former CEO of what was then Twitter. Dorsey spent this past weekend building a messaging app that exclusively communicates via Bluetooth. “My weekend project: to learn about Bluetooth mesh networks, relays, and store and forward models, message encryption […] Source CryptoX Portal
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Automated bots are likely behind most tokens that launch on the memecoin creation tools Pump.fun and LetsBonk, says an executive at crypto exchange Coinbase. “The great majority of tokens launched on PumpFun and LetsBonk are today run by bots,” Coinbase head of product Conor Grogan posted to X on Monday. He shared a chart with data showing that the top accounts on LetsBonk had, on average over the last day, launched “one new token every 3 minutes.” Source: Conor Grogan LetsBonk is a Solana-based token creation platform that launched in…
An analyst has pointed out three key resistance levels for Dogecoin that could be to keep an eye on, based on on-chain data. Dogecoin URPD Shows These Price Levels Stand Out In a new post on X, analyst Ali Martinez has shared DOGE levels that could be important resistance boundaries. The levels in question correspond to major supply walls on the Dogecoin UTXO Realized Price Distribution (URPD). The URPD is an on-chain indicator from the analytics firm Glassnode that tells us about the total amount of the memecoin’s supply that…
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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…