Category: Analysis

Bullish Frenzy? Not If You Follow Top Hyperliquid Whales

Key Notes Most of the retail and whale addresses are betting on longs on Hyperliquid. The leading 100 whales took a “very bearish” stance despite the slight upward momentum. Market sentiment has returned to the neutral zone. Whales have always been impactful on the volatile cryptocurrency market, but this time, they’re going against most of the traders. The majority of addresses that are worth over $50 million on the decentralized exchange Hyperliquid are betting on shorts, according to data from CoinGlass. Their short positions are currently worth $3.3 billion while…

Metaplanet Announces August Bitcoin Buy: Now Holds 17,595 BTC

Key Notes Metaplanet purchased 463 BTC for ~$53.7M, increasing its total holdings to 17,595 BTC worth over $2B. The firm’s YTD BTC Yield surged to 459.2%, highlighting the success of its Bitcoin acquisition strategy. Despite August’s historical weakness for Bitcoin, Metaplanet remains 8.4% toward its 210,000 BTC target. Japanese investment firm Metaplanet announced the acquisition of 463 Bitcoin BTC $114 481 24h volatility: 0.8% Market cap: $2.28 T Vol. 24h: $24.96 B on August 4, 2025, spending approximately 8 billion yen ($53.7 million) at an average price of $115,895 per…

ADA’s $1 Dream: Cardano Community Approves Major $71M Grant

Key Notes Cardano community approved $71M grant to fund a year-long development roadmap by IOE. The proposal marks the first-ever community-funded core upgrade in Cardano’s history. ADA eyes $1, but must break key resistance at $0.80 to sustain bullish momentum. Cardano ADA $0.74 24h volatility: 2.3% Market cap: $26.65 B Vol. 24h: $974.48 M eyes a leap to $1 with the community approving a $71 million grant (96 million ADA) in a landmark governance vote. The grant will be used to fund a year-long protocol roadmap by Input Output Engineering (IOE),…

Arkham Unveiled the Largest Hack in History: Now Worth $14.5B

Key Notes Arkham uncovered a massive hack tied to a Chinese Bitcoin mining company. The total amount surpasses Bybit’s $1.5 billion hack by a lot. Both the miner and the hacker hid the hack for years until Arkham jumped in. Arkham Intelligence uncovered the largest crypto hack involving a lesser-known Chinese Bitcoin (BTC) mining company called LuBian. According to the latest investigation, the Chinese BTC mining pool lost 127,426 BTC to hackers in December 2020. Bitcoin was trading around $27,000, and the amount lost reached $3.5 billion at the time.…

Can Eric Trump’s Buy Signal Lift Bitcoin Above $117K?

Key Notes Bitcoin trades at $113,227 on Saturday, August 2, down 5.78% amid a 5-day losing streak. Eric Trump urges traders to “₿uy the dips!” following a similar February call during market volatility. The 20-day moving average at $117,000 acts as key resistance for Bitcoin price rebound attempts to gain traction. The dip comes at a time when political and financial voices have re-entered the crypto discourse. Eric Trump, Executive Vice President of the Trump Organization, posted a renewed bullish call on Saturday urging traders to “buy the dips!!!”, a…

PEPE Price Forms Local Bottom at $0.000010 as Arthur Hayes Dumps $13M

Key Notes PEPE price drops 21% in five days, retesting $0.00001 for the first time since July 9. Arthur Hayes liquidates $13M in ETH, ENA, and PEPE, stoking bearish sentiment. Flat candles and waning sell pressure hint at a potential local bottom near $0.000010. PEPE price plunged to $0.00001 on Saturday, shedding over 21% during a five-day losing streak. The latest leg of the PEPE price dip comes amid a $13 million sell-off from BitMex co-founder and longtime Bitcoin maximalist Arthur Hayes.  Arthur Hayes(@CryptoHayes) sold 2,373 $ETH($8.32M), 7.76M $ENA($4.62M) and…

SUI Network Treasury Reserve Unveiled by Mill City: Details

Key Notes Mill City Ventures has kickstarted the first SUI reserve treasury. The move featured an initial $450 million investment, backed by top VCs in crypto. SUI network is gaining traction as a top smart contract and development platform. The SUI Network has taken a big step forward after a major investment deal by Mill City Ventures. The company, which is listed on the Nasdaq under the ticker MCVT, has committed $450 million to hold the tokens as a core part of its balance sheet. This move opens a new…

VISA, Mastercard Snub Stablecoin Threat, But Competition Is Rising

Key Notes Executives at VISA cited minimal crypto usage compared to Visa’s $15 trillion annual transaction volume. But data shows stablecoin transaction volume reached over $6 trillion in Q1 2025, nearly double Visa’s. To stay competitive, Visa has partnered with Paxos to support additional USD-backed stablecoins – USDG and PYUSD. With stablecoins getting all the attention currently with the passing of the GENIUS Act last month, VISA and Mastercard executives have denied any imminent threat from the fiat-pegged cryptocurrencies during their earnings call this week. They stated that use of…

SharpLink Gaming Buys the Ethereum Price Dips, Taking Holdings to 464K ETH

Key Notes Ethereum co-founder Joseph Lubin, now spearheading SharpLink’s ETH strategy, stated the firm plans to accumulate ETH faster than others. ETH treasury firms have scooped a record $10 billion of coins, with SharpLink stating that we’re still early. ETH has fallen from its $4,000 rejection to $3,500, with spot Ethereum ETFs seeing their first outflows in 20 days. Amid the Ethereum price correction to $3,500, Nasdaq-listed ETH treasury firm SharpLink Gaming (SBET) makes a quick move, scoping an additional 26,192 ETH for an investment of $96 million. The latest…

Worldcoin Price Analysis: Is OpenAI’s $8B Fundraise a Buy Signal for WLD?

Key Notes Worldcoin suffered a steep 22% weekly decline, marking four consecutive days of losses amid broader market weakness. OpenAI secured $8.3 billion in funding at a $300 billion valuation, with revenue projections exceeding $20 billion by year-end. Technical indicators suggest WLD is oversold near $0.94 support, with potential reversal signals emerging from flattening MACD. Worldcoin WLD $0.96 24h volatility: 5.7% Market cap: $1.75 B Vol. 24h: $256.01 M declined another 4% on Friday August 1, extending its four-day losing streak to a steep 22% weekly drop. The sell-off comes…