Category: Analysis

XLM Is Pumping Today: What’s Going On?

Stellar XLM $0.25 24h volatility: 3.7% Market cap: $7.71 B Vol. 24h: $222.31 M is making headlines again as it surged over 5% in the last 24 hours, climbing to $0.2503, accompanied by a 256% spike in trading volume. 🚀 Stellar $XLM is on the rise! 🌟 Hey. Just checking in with some amazing news — XLM is soaring at around $0.253, up nearly 6,3% in the last 24h! 📈 💸 With low fees and lightning-fast cross-border payments, Stellar continues to prove its real-world strength. Ideal for… pic.twitter.com/5yQT9xeIXL — Scopuly…

Why Is Dogecoin Price Up 7% Today?

Key Notes On-chain data shows increased accumulation by whale wallets holding 1M–100M DOGE, despite declining retail interest. Crypto analyst Trader Tardigrade pointed to a stochastic bullish cross for DOGE on the biweekly chart. The daily DOGE trading volume has surged 251% moving to $1.4 billion amid strong bullish sentiment. Dogecoin DOGE $0.17 24h volatility: 4.8% Market cap: $25.77 B Vol. 24h: $1.77 B price is outperforming the rest of the crypto market with 7% gains in the last 24 hours, moving to $0.18, with its daily trading volume surging by…

Another Monday, Another Massive Bitcoin Purchase for Metaplanet

Key Notes Metaplanet just acquired another 2,205 BTC as the market sentiment rises. The crypto market is seeing positive momentum as Bitcoin broke $109,000. The community is speculating on Strategy’s 13th consecutive Bitcoin purchase. Metaplanet, a publicly traded Bitcoin BTC $108 468 24h volatility: 0.3% Market cap: $2.16 T Vol. 24h: $10.00 B treasury company based in Japan, completed its sixth consecutive BTC purchase since June 2. Simon Gerovich, CEO of Metaplanet, posted on X that the Japanese firm accumulated another 2,205 BTC, worth $238.7 million at an average price…

Twitter Co-founder Jack Dorsey Introduces Bitchat: What Is It?

Key Notes Jack Dorsey has launched Bitchat, a decentralized Bluetooth-based messaging protocol that works without internet access. Bitchat offers encrypted, ephemeral communication via mesh networks, ideal for protests, disaster zones, and offline gatherings. Dorsey’s Block Inc will integrate Bitcoin payments into Square using the Lightning Network by 2026. Over the weekend, Twitter co-founder and crypto entrepreneur Jack Dorsey launched the beta version of a new messaging protocol called Bitchat, a decentralized communication system that operates entirely over Bluetooth Low Energy (BLE) mesh networks. According to a post on X, Bitchat…

Toncoin Plummets After UAE Blocks Golden Visa Scheme

Key Notes Toncoin fell 6% after UAE regulators denied claims linking TON staking to golden visa eligibility. The Open Network falsely claimed a $100,000 TON stake could grant 10-year UAE residency. TON could drop to $2.38 and $2.02 if support at $2.80 fails. Toncoin TON $2.94 24h volatility: 7.2% Market cap: $7.25 B Vol. 24h: $347.97 M , the native token of The Open Network, took a sharp turn downward today, on July 7. It happened after the United Arab Emirates (UAE) government denied recent claims linking Toncoin staking to…

Cardano (ADA) Turns Upward — Signs of a Recovery Emerge

Cardano price started a fresh increase from the $0.5650 zone. ADA is now consolidating and might attempt a clear move above the $0.5925 zone. ADA price started a fresh increase from the $0.5650 support zone. The price is trading above $0.5750 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $0.5760 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start a fresh increase it clears the $0.600 zone. Cardano Price Eyes Upside Break…

Traders Gear Up: FOMC Prep Signals Bitcoin, Altcoin Buying Frenzy

Key Notes Bitcoin and Ethereum have been leaving centralized exchanges over the past day. USDT and USDC recorded strong net inflows into exchanges for a potential buying spree. Peter Schiff hints at a “shadow Fed chair” for faster rate cuts. The crypto market volatility has declined while traders look optimistic about the incoming US Federal Open Market Committee (FOMC) Minutes, a detailed record of the discussions and decisions made during the agency’s meetings. Bitcoin (BTC) has been consolidating close to the $108,000 mark over the past 24 hours. Ethereum (ETH)…

Bybit to Impose Additional 18% GST on Trading Fees for Indian Users from July 7

Key Notes This GST on crypto trading will be in addition to the already steep 30% tax on profits and 1% TDS per transaction. With India now among the countries with the highest crypto tax burdens, stakeholders warn this could stifle innovation. On the other hand, the Indian crypto industry is lobbying for tax reforms to unlock the sector’s potential. Indian crypto users are likely to face an increased tax burden from July 7, as crypto exchange Bybit Global announced the imposition of an additional 18% GST (Goods and Services…

Hong Kong to Issue Tokenized Green Bonds Amid Growing Blockchain Integration

Key Notes Hong Kong’s third tokenized green bond is to be issued under a revised schedule utilizing blockchain technology. ETF stamp duty relief aims to cut trading costs and attract more investors. The LEAP framework begins on August 1 to license stablecoin issuers and regulate digital asset activity. Hong Kong is set to issue its third batch of tokenized green bonds. Notably, this will be part of a broader plan to advance blockchain integration in the financial services sector. This move is supported by new stamp duty relief for exchange-traded…

I Hope Bitcoin Crashes, Robert Kiyosaki Sets New Acquisition Target

Key Notes Robert Kiyosaki dismisses Bitcoin crash warnings, calling them tactics to scare speculators. He plans to increase his Bitcoin holdings if prices fall further. Kiyosaki still believes Bitcoin could reach $1 million or more in the next decade. Financial educator and author of ‘Rich Dad Poor Dad,’ Robert Kiyosaki, has reacted to ongoing warnings about a potential Bitcoin crash with a surprising take. While many investors may fear a downturn, Kiyosaki has expressed hope that Bitcoin’s value will drop. He stated clearly that he wants to buy more if…