Month: July 2025

BONK Price Forecast: 500 Billion Token Burn Sparks 6% Gains, Whatโ€™s Next?

Key Notes BONK defied market trends with 6% gains while Solana memecoin sector dropped 10.2% to $15.1 billion market cap. The rally followed confirmation of 500 billion BONK token burn from network fees, boosting trader confidence significantly. Bulls defend $0.000032 support level targeting $0.000040 resistance as derivatives volume surged 54% intraday. BONK price settled at $0.000034 on July 24 after spiking to highs of $0.000037 and lows near $0.000031. This followed a 16% intraday range, highlighting high volatility across Solana-based meme tokens. BONK $0.000034 24h volatility: 4.4% Market cap: $2.63…

TRON (TRX) Above $0.31, But Is It Just the Beginning? Key Metric Shows Buyers Dominating

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edymeโ€™s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

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Strategy Boosts Bitcoin Fundraise to $2B via Preferred Stock: Report

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Strategy Inc. dramatically increased its latest preferred stock sale targeting bitcoin purchases to $2 billion from an initially planned $500 million, Bloomberg reported Thursday, citing a person familiar with the matter. The bitcoin-focused treasury firm, led by Michael Saylor, priced its Series A Perpetual Stretch preferred shares (STRC) in New York amid strong investor demand […] Original

Shiba Inu Price Analysis: SHIB Whales Buy $63.7M After 12% Drop

Key Notes Large SHIB holders accumulated massive positions during the 12% price decline, spending approximately $63.7 million on tokens. The cryptocurrency’s burn mechanism virtually halted with a 93.93% decrease in destroyed tokens over 24 hours. Recovery prospects depend on whether whale investors will take profits at the critical $0.00001558 resistance level. Shiba Inu (SHIB) whales are in a feeding frenzy after the cryptocurrencyโ€™s price dropped by more than 12% over a 24-hour trading period. Large holders have purchased over 4.66 trillion coins for around $63.7 million during the dip as…

ETH Core Developer Testifies In Roman Storm Defense As Govโ€™t Rests Case

Prosecutors in the criminal trial of Tornado Cash co-founder and developer Roman Storm rested their case on Thursday, opening the door for defense counsel to call an Ethereum core developer as its first witness.ย  According to reporting by Inner City Press on Thursday from the US District Court for the Southern District of New York, Ethereum core developer Preston Van Loon testified in Stormโ€™s defense case, which is expected to last about a week. The developer reportedly described Tornado Cash as a โ€œprivacy tool for Ethereumโ€ and said he had…

Anchorage Digital, Ethena Labs Announce GENIUS-Compliant Stablecoin: ENA Surges 20%

Key Notes Historic partnership introduces first federally compliant stablecoin for institutional settlement and cross-border payments. ENA governance token jumped 20% before stabilizing at 5-7% gains with $1.04 billion in trading volume surge. GENIUS Act regulatory framework attracts major banks like PNC and JPMorgan to explore crypto lending opportunities. Anchorage Digital, the first federally chartered crypto bank in the United States, has announced a partnership with Ethena Labs to launch the first stablecoin compliant with the new GENIUS Act. The partnership will bring Ethenaโ€™s USDtb stablecoin to the US market under…

CDD Ratio Hits Historic Levels

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Bitcoin has remained trapped in a tight range between $115K and $120K for the past 10 days, signaling an extended phase of price compression. With bulls unable to push the price above the $120,000 resistance, analysts are increasingly warning that a correction may be imminent. The coming days are expected to be decisive, as both technical and on-chain fundamentals point to a potential surge in volatility. Related Reading According to data from CryptoQuant, a key long-term metricโ€”the Monthly Cumulative Days Destroyed (CDD) to Yearly CDD ratioโ€”has reached an anomalously high…