Crypto analyst Egrag Crypto has advised XRP investors not to panic as they make their next move in the market. This came as he revealed levels to watch out for as the altcoin retraces alongside the broader crypto market. Analyst Advises XRP Investors Amid Market Correction In an X post, Egrag Crypto told XRP investors, especially the newbies, that they should not let fear dictate their next moves. The analyst also commented on the current price action, stating that investors will see where the market settles by the end of…
Category: Analysis
Bitcoin Mining Difficulty Hits Record as ETF Assets Top $500B
Key Notes Bitcoin mining difficulty has reached an all-time high of 127.6 trillion. Miner earnings hit a post-halving high of $52.63 million per exahash. Miner outflows have dropped nearly 49%, indicating strong holding sentiment. The Bitcoin BTC $114 969 24h volatility: 1.0% Market cap: $2.29 T Vol. 24h: $28.65 B mining difficulty climbed to a record high of 127.6 trillion this week, making it harder than ever to mine new BTC. Miners now need more computing power to solve the puzzles required to validate transactions and earn rewards. However, a…
Pump.fun Hits Revenue Low as Memecoin Hype Fades
Key Notes Pump fun has recorded a drop in its monthly revenue, a sign of dwindling popularity of meme coins. The platform’s revenue has been in a steady decline since 2025, with limited impact on its token’s price. The Solana ecosystem is poised to see a new adoption surge with the Seeker Mobile now shipping. Solana SOL $165.5 24h volatility: 2.6% Market cap: $89.05 B Vol. 24h: $4.66 B meme coin launchpad Pump.fun has recorded a drop in its monthly revenue, despite the broader cryptocurrency market rebound. The revenue fell…
Verb Tech to Build $588M TON Treasury, Stock Jumps 51%
Key Notes Verb Technology has become the first publicly traded firm to pursue a crypto treasury strategy with The Open Network (TON). The PIPE deal includes approximately 58.7 million shares sold at $9.51 per share, with VERB stock surging 51% to $14.38 following the news. The move comes as TON becomes the exclusive blockchain powering Telegram’s ecosystem, including payments, tokenized assets, and mini apps. On Monday, August 4, Nasdaq-listed Verb Technology (NASDAQ: VERB) announced the upsized and oversubscribed private placement (PIPE), with the goal of building a massive $588 million…
Bitcoin Could Hit $126K This Month
Key Notes Bitcoin options traders are targeting a move to $126K by late August, as per the current call spread. QCP Capital highlights improving factors such as broader stablecoin adoption, clearer regulation, and growing institutional interest as catalysts for the overall crypto market rally. Following weaker US jobs data and downward revisions for previous months, the CME FedWatch tool now shows over an 80% chance of a rate cut in September. Over the past week, Bitcoin BTC $114 405 24h volatility: 0.3% Market cap: $2.28 T Vol. 24h: $24.77 B…
Crypto Products End 14-Week Inflows With $223M Outflow
Key Notes Digital asset investment products have recorded $223 million in outflows after 14 weeks of inflows. Only Bitcoin (BTC) outflows amounted to $404 million and impacted the entire market. BlackRock’s IBIT saw weekly inflows of $749 million, further extending its dominance in the ETF market. After 14 consecutive weeks of inflows, digital asset investment products have recorded $223 million in crypto outflows. This sudden retracement is believed to be a reaction to the hawkish Federal Reserve signals and stronger-than-expected United States economic data. Bitcoin Leads Crypto Asset Investment Products…
Kiyosaki Ready to Double Down on Bitcoin if It Dips Below $90K
Key Notes Bitcoin dropped from $118,000 to $112,000 over the weekend. Kiyosaki aims to double down on BTC if the price drops below $90,000. Hayes warns of $100K dip due to macroeconomic stress. Bitcoin BTC $114 365 24h volatility: 0.3% Market cap: $2.28 T Vol. 24h: $24.74 B price fell from around the $118,000 level on Friday to around $112,300 by Sunday, marking a weak start to August, which has historically delivered poor price performance. Rich Dad Poor Dad author Robert Kiyosaki noted the “Bitcoin August Curse,” a pattern where…
XRP Price Leads Market Rally With 5% Upside, What’s Next?
Key Notes Analyst EGRAG Crypto projects XRP targets of $4.89 and $48.90, based on logarithmic scale indicators, averaging to $27.00. As long as support at $2.47 holds, analysts see upside potential for XRP price toward $4.80 and higher. Crypto market volatility escalates with new tariff announcements by US President Trump and the Fed’s hawkish tone. XRP XRP $3.00 24h volatility: 4.8% Market cap: $177.89 B Vol. 24h: $5.61 B price has shot up by more than 5%, bouncing back from the key support at $2.75, with bulls targeting a breakout…
Ethena (ENA) Price Soars 14% Despite Massive Token Unlocks, What Is Happening?
Key Notes ENA price has registered a more than 14% rally over the last 24 hours. Ethena’s USDe has successfully reached the position of the third-largest stablecoin by market cap. Ethena, in collaboration with Anchorage Digital, is working on issuing a USD-compliant stablecoin. Ethena ENA $0.62 24h volatility: 12.1% Market cap: $3.95 B Vol. 24h: $1.23 B started this week with a momentum that has got the broader cryptocurrency industry buzzing. This digital asset has registered a more than 14% rally over the last 24 hours, with its market capitalization…
Bitmine Buys $300M ETH in 3 Days, ETFs Continue to Shine
Key Notes Bitmine has accumulated $300 million in ETH over three days via Galaxy Digital’s OTC desk. Tom Lee forecasts ETH could reach $10,000–$20,000 in a year, with a $60,000 long-term target. Ethereum ETFs are seeing record inflows, with BlackRock leading a $1.7 billion surge. Over the past three days, Tom Lee’s crypto treasury firm, Bitmine Immersion, has quietly snapped up $300 million worth of Ethereum ETH $3 557 24h volatility: 2.8% Market cap: $429.37 B Vol. 24h: $20.00 B via Galaxy Digital’s OTC desk. Arkham Intelligence initially flagged the…