Bitcoin is slowly recovering from its earlier dip, despite a massive sell-off that threatened to push losses deeper. Over the past 24 hours, Galaxy Digital has moved nearly 30,000 BTC (BTC) out of its wallets. According to blockchain intelligence platform… Original
Corporate adoption of Bitcoin is accelerating, with 35 publicly traded companies now holding at least 1,000 BTC each, signaling growing institutional interest in the world’s largest cryptocurrency. Demand for Bitcoin (BTC) soars among public companies four months after US President Donald Trump’s executive order outlined the creation of a federal Bitcoin reserve for the world’s largest economy. According to Chris Kuiper, vice president of research at Fidelity Digital Assets, at least 35 public companies have now surpassed 1,000 BTC in holdings on their balance sheets, worth more than $116 billion…
Key Notes SHIB burn rate increased by 2,740% in 24 hours. Price retests months-long wedge breakout for potential rally confirmation. SHIB is trading around $0.00001367 with no loss or gains in the past day. One of the top meme coins, Shiba Inu SHIB $0.000014 24h volatility: 0.0% Market cap: $8.04 B Vol. 24h: $325.30 M , has recorded a major surge in its burn rate, sparking speculation of a price rally. According to the data provided by Shibburn, burn rate has jumped by 2,740% in the past day, permanently removing…
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According to the decentralized finance (DeFi) project SparkDEX, the team will launch its SPRK token on July 29, 2025, marking the first native token debut on the Flare blockchain. SparkDEX Token Launch Coincides With Flare’s FXRP Mainnet Plans Just recently, the Flare-based decentralized exchange (DEX) suite SparkDEX integrated USDTO, Tether’s multi-chain liquidity standard. This drove […] Source
Key Notes NFT market cap jumps 94% from June, reaching $6.6 billion. CryptoPunks lead with a 53% floor price increase amid new demand. Pudgy Penguins briefly led 7-day trading volume last week but has since moved back to the second spot. After a long period of cooling sentiment, the NFT market staged a notable comeback this month. A recent report by DappRadar reports a 94% increase in market capitalization from June, reaching $6.6 billion. The NFT market is showing serious signs of a comeback 📈 With market cap up 94%…
Nigeria’s Securities and Exchange Commission (SEC) Director-General Emomotimi Agama said the country was open to stablecoin businesses that comply with local regulations. According to a Thursday report by English-language local news outlet, The Cable, Agama said stablecoin companies that complied with local regulations were welcome in Nigeria. “Nigeria is open for stablecoin business, but on terms that protect our markets and empower Nigerians,” he said. “We have onboarded some firms focused on stablecoin applications, all while ensuring compliance with core risk management principles,” Agama said, adding that those companies were…
Bitcoin’s old four-year rhythm has been upended, according to CryptoQuant CEO Ki Young Ju. He argued on Thursday that the crypto’s cycle is no longer in existence, driven out by big players stepping in. Related Reading His latest comments follow a public rethink after he called a market top just a few months ago and got it wrong. Institutional Buyers Rewrite Rules Based on reports, Bitcoin Spot ETFs and corporate treasuries are changing the game. In the first half of the year, treasury companies bought twice as much BTC as…
Key Notes ARK Invest has rebalanced its financial portfolio again by offloading some Coinbase, Robinhood, and Block shares. The firm is committed to rebalancing its exposure to crypto assets and stocks in general. Ark Invest has also shown interest in picking up investments in newly listed companies. Renowned asset management company ARK Invest has recently rebalanced its financial portfolio by offloading some shares of Coinbase (COIN) and Block Inc. (XYZ). On July 24, the firm sold Coinbase shares worth approximately $12.1 million from two of its Exchange Traded Funds (ETFs).…
Key Notes Kiyosaki warns ETFs are like “pictures of a gun,” not the real thing. He sees a potential bubble burst in gold, silver, and Bitcoin. Analysts see the recent Bitcoin pullback as an opportunity, not a market top. Robert Kiyosaki, author of Rich Dad Poor Dad, has once again cautioned investors against over-relying on ETFs, noting the importance of holding physical assets for long-term financial resilience. In his latest post on X, Kiyosaki acknowledges that ETFs make investing easier for the average investor. But, he adds that knowing when…