Category: Analysis

Coinbase to Raise $2B via Convertible Senior Notes Offering

Key Notes Coinbase announced a proposed private offering of $2 billion in convertible senior notes. The funds are for general corporate purposes, including potential acquisitions and debt repayment. The offering includes capped call transactions to reduce potential stock dilution for shareholders. Coinbase Global, Inc. has announced its plan to offer $2 billion in convertible senior notes in a private offering. The move aims to raise capital for general corporate purposes and strategic investments amid a period of market pressure. The announcement appears to weigh in on investor sentiment. In morning…

XRP Price Could See 70% Upside to New All-Time Highs Soon

Key Notes XRP price is setting the stage for a potential breakout, pushing the price toward $3.75 in August. Analysts highlight continued whale accumulation, strength above key exponential moving averages, and expectations of a Fed rate cut in September. The odds of an XRP ETF approval have increased ahead of the September–October window. Ripple’s native crypto XRP XRP $2.98 24h volatility: 1.9% Market cap: $176.48 B Vol. 24h: $4.90 B has been leading the broader crypto market rally recently, with bulls staging a comeback over $3.0 on Monday. The technical…

Solana Hits $170 as Seeker Ships Globally, $200 Next?

Key Notes Solana Mobile has confirmed the start of the delivery of the Seeker phones to customers worldwide. Coincidentally, the Solana price has moved to $170 after a brief drawdown. Each Seeker smartphone is priced between $450 and $500 and includes features designed to add value for investors. From trading at around $162 a few days ago, Solana SOL $164.4 24h volatility: 1.3% Market cap: $88.51 B Vol. 24h: $5.42 B has recently reclaimed $170, a move that coincides with the commencement of global shipping of the Seeker Mobile phones.…

Fartcoin Holders Gobble 100M Tokens in Past Month, Token Explodes 7.5%

Key Notes Fartcoin sees over 100 million tokens accumulated by top holders in 30 days. Trading volume jumps 74% as price rebounds from weekly lows. Analysts suggest a move toward $2.36 may be underway. Fartcoin FARTCOIN $1.01 24h volatility: 4.1% Market cap: $1.02 B Vol. 24h: $232.83 M has posted a strong 7.5% daily gain on Tuesday despite an almost-flat sentiment in the broader crypto market. The token is currently trading around $1.02, with a market capitalization of $1.02 billion. FARTCOIN’s 24-hour trading volume has surged by 74% to hit…

Base Network Suffers Downtime, Here’s What Happened

Key Notes Base Network recently suffered an outage in block production, which lasted for almost 30 minutes. Other affected activities are deposits, withdrawals, and flashblock operations. The outage was triggered by an “unsafe head delay” but is now resolved. Coinbase Layer-2 scaling solution, Base Network, recently suffered an outage in block production, which lasted for almost 30 minutes. The incident negatively impacted transactions and Decentralized Applications (dApps) on the Ethereum-based L2 ETH $3 649 24h volatility: 2.6% Market cap: $441.15 B Vol. 24h: $31.07 B platform. Shortly after, Base Network…

Pi Network Backs Humanoid Robots With $20M Investment

Key Notes Pi Network joins OpenMind’s $20M round alongside top VC firms. The move signals Pi’s shift toward AI and robotics innovation. The community reacts with both excitement and concern. Pi Network PI $0.36 24h volatility: 0.5% Market cap: $2.77 B Vol. 24h: $54.24 M has recently participated in a $20 million funding round for OpenMind, an AI robotics startup focused on building decentralized systems for humanoid machines. The round also saw backing from Coinbase Ventures, Pantera Capital, Ribbit Capital, and Sequoia China. This investment marks Pi Network’s first major…

Changpeng Zhao Says US Banks Can No Longer Restrict Crypto

Key Notes Binance founder CZ called the proposed order a major breakthrough for US crypto policy. CZ stated it could help end US correspondent banks’ historical practice of blocking fiat transactions related to crypto. The order follows increased scrutiny over crypto-related debanking, such as Gemini’s claims against JPMorgan. Binance founder Changpeng Zhao praised the latest White House executive order under consideration, which seeks to prevent banks from taking an anti-crypto stance. Zhao stated that the United States has achieved a major breakthrough in its crypto policy. According to the new…

AMINA Bank Makes History: First to Offer SUI Trading and Custody

Key Notes AMINA Bank became the world’s first regulated bank to offer trading and custody services for SUI. AMINA’s infrastructure offers full compliance, unlimited trading limits, and upcoming staking services. SUI is gaining traction globally, recently surpassing Solana in stablecoin transfer volume. AMINA Bank AG, a Swiss FINMA-regulated institution, has become the first regulated bank in the world to offer custody and trading services for SUI SUI $3.49 24h volatility: 1.4% Market cap: $12.25 B Vol. 24h: $1.35 B , the native token of the rapidly-growing Sui blockchain. The announcement…

MEXC Becomes Shareholder in $200M Triv Crypto Exchange

Key Notes MEXC Ventures is now a shareholder in Triv, following a strategic investment. The move is part of MEXC’s expansion strategy for the Southeast Asia region. The Finance Ministry of Indonesia hinted at the coming of a significant policy shift on cryptocurrency taxes. MEXC Ventures, the investment arm of crypto exchange MEXC, has earned a stake in Indonesia-based Triv following a strategic investment in the trading platform. Though the specific valuation of the investment was not disclosed, it is worth noting that the move is part of MEXC’s expansion…

Trump to Put Banks on Notice Over Crypto Debanking

Key Notes Trump plans to sign an executive order targeting banks for politically biased debanking practices. The directive would probe alleged discrimination against crypto firms and conservative groups. Crypto executives have accused Biden-era regulators of pushing banks to sever crypto ties. President Donald Trump is reportedly preparing to sign an executive order with major implications for the crypto industry. The order is an aggressive move against what Trump’s administration views as politically motivated “debanking” by major banks in the US. JUST IN: 🇺🇸 President Trump is preparing to sign an…