Key Notes OKB registered a staggering 110% increase in price over the last 7 days. OKX recently conducted a permanent burn of 279 million tokens, which likely triggered the price gain. The exchange also upgraded its X Layer to become a more advanced public blockchain. OKB OKB $94.46 24h volatility: 4.1% Market cap: $1.98 B Vol. 24h: $682.28 M , the native token of the OKX cryptocurrency exchange, has registered a staggering 110% increase in price over the last 7 days. This suggests renewed interest in the digital asset and,…
Category: Analysis
BlackRock Ethereum ETF Leads Inflows Despite ETH Price Stall
Key Notes BlackRock Ethereum ETF holdings for Ethereum have now reached 3.5 million coins. Overall, Ethereum ETFs recorded $639 million in inflows, which is nearly three times more than Bitcoin ETFs. Despite strong ETF demand, ETH price has stalled after topping $4,700. BlackRock Ethereum ETF (ETHA) dominated the $639 million in inflows across all US ETF issuers on Aug. 14. BlackRock alone contributed a staggering $519 million, scooping a total of 114,069 ETH yesterday. This comes even as ETH ETH $4 644 24h volatility: 0.6% Market cap: $557.94 B Vol.…
Stellar-Pi Network RWA Deal Opens Massive Opportunity
Key Notes Stellar joins ERC-3643 to boost compliant RWA tokenization. Pi Network may gain access to regulated cross-chain markets. Potential tech upgrades could enhance Pi’s long-term value. The Pi Network PI $0.38 24h volatility: 1.8% Market cap: $3.01 B Vol. 24h: $99.88 M may soon enter the rapidly expanding tokenized real-world asset (RWA) market. This opportunity stems from the Stellar Development Foundation’s (SDF) recent decision to join the ERC-3643 Association. The move could open regulated, borderless asset markets to networks built on Stellar’s framework. ERC-3643, created by Tokeny, is designed…
Arthur Hayes Once Again on Altcoin Buying Spree
Key Notes Arthur Hayes has bought $16.43M worth of ETH and altcoins over the past five days. His biggest purchase was 1,750 ETH worth $7.43M, now in profit by over $638K. Only ETH and HYPE are in profit, while other holdings show moderate paper losses. Arthur Hayes, the co-founder of BitMEX and one of crypto’s most closely watched traders, has returned to aggressive buying just days after unloading a significant chunk of his portfolio. Data from Lookonchain reveals that over the past five days, Hayes has accumulated a wide range…
Hong Kong’s SFC to Tighten Crypto Custody Rule for Exchanges
Key Notes The SFC has sent out strict custody expectations to licensed virtual asset trading platforms. The regulator claims that this rule was curated for the protection of crypto users and their assets. It had earlier introduced a plan with 12 steps to improve security and attract more investors, among other benefits.аа. Hong Kong markets regulator, the Securities and Futures Commission (SFC), has outlined strict expectations for all licensed virtual asset trading platforms (VATPs) in the region. The goal is to ensure the robust custody of client virtual assets, in…
SOL Wallets Over 10K Explode: Is This Last Dip Before $360?
Key Notes Wallets holding over 10,000 SOL have hit an all-time high of 5,224. SOL trades at $197.27, down 4% in 24 hours but still up 12% over the past week. Analyst Ali Martinez calls this a possible final “buy-the-dip” opportunity before a major rally. Wallets holding more than 10,000 SOL SOL $195.6 24h volatility: 4.6% Market cap: $105.54 B Vol. 24h: $12.90 B , worth around $2 million at current prices, have surged to a record-breaking 5,224, as pointed out by prominent crypto analyst Ali Martinez. Martinez shared Glassnode…
Coinbase Report: Full-Scale Altcoin Season Ahead
Key Notes Bitcoin dominance dropped to 59.5%, signaling capital rotation into altcoins. The altcoin market cap has jumped over 50% since early July. Institutional adoption and ETF filings add momentum to the altcoin rally. Altcoins are gaining strength in the cryptocurrency market, with analysts at Coinbase suggesting that September could mark the start of a full-scale altcoin season. This comes amid a major drop in Bitcoin dominance as institutional interest in Ethereum ETH $4 650 24h volatility: 1.8% Market cap: $561.47 B Vol. 24h: $65.51 B keeps growing. Coinbase Institutional’s…
Solana (SOL) Defends Critical Support Zone, Preparing for Next Major Increase?
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…
Bitcoin Price Slides 4% After Strong Rally – Correction or Pause?
Bitcoin price is trimming gains from the $124,000 zone. BTC is now consolidating below $120,000 and might aim for a recovery wave. Bitcoin started a downside correction from the $124,000 zone. The price is trading below $122,000 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $120,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $120,000 resistance zone. Bitcoin Price Dips Sharply Bitcoin price traded…
Citigroup Weighs Stablecoin, Crypto ETF Custody amid Upbeat US Regulations
Key Notes Citi targets custody of high-quality reserves backing stablecoins following federal requirements under Trump’s GENIUS Act legislation. The bank plans real-time cross-border stablecoin transactions, building on existing tokenized dollar transfer services across major hubs. Growing $280B stablecoin market and $100B Bitcoin ETF demand create institutional opportunities beyond Coinbase’s current dominance. Citigroup is considering launching custody services for stablecoins and the digital assets backing cryptocurrency exchange-traded funds (ETFs), according to a Reuters interview with Biswarup Chatterjee, Citi’s global head of partnerships and innovation. The move would pit Citi against Coinbase,…