Category: Analysis

Solana’s $87M Revenue Surpasses ETH, BTC amid Weak US Jobs Data

Key Notes SOL declined 16% from Monday’s $182 peak following disappointing US jobs data that added only 73,000 positions versus 110,000 expected. Solana generated $87 million network revenue in July, leading all blockchain networks for the tenth consecutive month ahead of Tron’s $61 million. Technical analysis shows $160 as critical support level with potential rebound to $182 if macro sentiment stabilizes and ETF optimism returns. Solana SOL $160.4 24h volatility: 7.1% Market cap: $86.21 B Vol. 24h: $8.30 B declined for a fifth straight session on Friday, closing the day…

Alleged Bitcoin Torturer Walks Free on $1M Bond After Two-Month Detention

Key Notes Woeltz posted $1 million bail and remains under home confinement while co-defendant Duplessie stays in custody for the kidnapping case. Italian trader Carturan was allegedly held captive for 17 days and tortured to access his $30 million Bitcoin wallet before escaping. The case highlights rising physical threats against crypto investors, following similar incidents including Ledger co-founder’s kidnapping in France. One of the suspects for the crypto horror in New York, John Woeltz, a 37-year-old crypto entrepreneur accused of kidnapping and torturing an Italian Bitcoin investor in a Manhattan…

Ripple’s XRP Ledger Records 70M Transactions in July, Proves Blockchain Resilience

Key Notes XRPL recorded 70 million transactions in July with a daily average of 1.8 million, ranking among top blockchain networks. The 13-year-old network continues onboarding users at startup speed with over 1 million new accounts created in 2025. Brazilian stablecoin BBRL issued $4.2 million worth of tokens while RLUSD daily transfers doubled from 5,000 to 12,000. The XRP Ledger, also known as XRPL, is one of the world’s leading blockchain networks, created by Ripple and hosting the XRP token, ranked third by market capitalization as of August 1. Besides…

Michael Saylor Defends Bold Bitcoin Strategy Amid Market Skepticism

Key Notes Strategy currently holds 628,791 Bitcoin worth approximately $46 billion, representing about 4% of available supply. Saylor aims to acquire between 3-7% of total Bitcoin circulation but acknowledges competitors like BlackRock also accumulate. The company reported record Q2 2025 earnings of $10 billion net income following successful stock offering fundraising. Michael Saylor, the executive chairman and founder of business intelligence firm Strategy (formerly MicroStrategy), recently defended his company’s aggressive Bitcoin BTC $114 305 24h volatility: 2.9% Market cap: $2.28 T Vol. 24h: $65.28 B acquisition tactics, calling the cryptocurrency…

UK FCA Makes Big Concession With Retail Crypto ETN Allowance

Key Notes FCA has lifted the ban on crypto ETNs for retail investors in the United Kingdom. Providers must follow consumer protection rules, but the Financial Services Compensation Scheme will not back these products. Crypto derivatives remain banned, and UK investors are still blocked from buying US-listed crypto ETFs. The United Kingdom’s financial regulator will soon allow retail investors to buy crypto ETNs on approved exchanges. This marks a shift from earlier restrictions but comes with limits.  This restriction includes no compensation coverage and a continued ban on crypto derivatives…

Stellar (XLM) Faces Volatility After 68% Rally in July

Key Notes XLM has fallen below its 20-day EMA at $0.40, signaling a shift to short-term bearish sentiment. Weak price momentum and declining capital inflows suggest the token could drop to $0.36 or even $0.32 if selling continues. Despite current bearish conditions, a recovery in buying interest could lift XLM back above its 20-day EMA and toward $0.41. Stellar’s native cryptocurrency XLM XLM $0.39 24h volatility: 4.8% Market cap: $12.20 B Vol. 24h: $565.73 M ended July 31 with a strong 68% upside, becoming the 12th largest crypto asset with…

CoinDCX Tops July Hack Losses with $142M Stolen

Key Notes The largest incident was a $44 million exploit at CoinDCX, while BigONE suffered a $27 million loss from a third-party hot wallet attack. A $40 million GMX decentralized exchange hack was reported but later fully reimbursed by the attacker. Security expert Michael Behnke noted that hackers are increasingly targeting off-chain systems and backend infrastructure. Despite a strong crypto market rally in July, the industry faced major hacks, with scammers stealing a total of $142 million in user funds. The $44 million exploit of crypto exchange CoinDCX accounted for…

Dogecoin Risks Drop Below $0.2 as $758M Crypto Liquidated

Key Notes Dogecoin falls close to key support, down over 11% this week amid broader market meltdown. Over $758 million now registered in crypto liquidations, mostly from long positions. Stronger dollar and Fed’s rate pause spark broader sell-off. The digital asset market saw a drastic drop this week, with top memecoin Dogecoin DOGE $0.20 24h volatility: 6.7% Market cap: $30.51 B Vol. 24h: $2.89 B among the worst hit. A stronger dollar and unchanged interest rates pushed traders to exit risky positions. Notably, this development led to massive losses across…

Cardano Signals 2021-Style Rally with 275M ADA Budget Push

Key Notes The 275 million ADA budget proposal passed all 39 constitutional checks. Analyst highlights ADA’s current price trajectory similar to the 2021 bull run. ADA tests key support after wedge breakout, bullish setup still intact. Cardano ADA $0.72 24h volatility: 6.6% Market cap: $25.80 B Vol. 24h: $1.64 B price may be facing short-term volatility, but recent developments suggest a potentially larger bullish structure is forming. On July 31, the Cardano Foundation confirmed that all 39 Treasury Withdrawal governance actions, representing a cumulative treasury allocation of 275 million ADA,…

PancakeSwap Tops DEX Volume in July With $188B Milestone

Key Notes PancakeSwap recorded $188 billion in spot trading volume for July. The platform earned over $430 million in fees from trading and yield farming. Cross-chain support and Binance Alpha integration boosted user activity on PancakeSwap. PancakeSwap CAKE $2.63 24h volatility: 7.8% Market cap: $907.13 M Vol. 24h: $156.68 M trading volume climbed higher in July, hitting $188 billion and securing its position as the top decentralized exchange by spot trading volume. This performance accounted for almost 43% of all DEX spot trades. Pancakeswap trading volume doubled uniswap’s PancakeSwap recorded…