Everything web3, crypto, defi, degen
In brief XRP and Dogecoin are leading altcoin rallies, with XRP up over 43% in a week, fueled by speculative capital. The U.S. House of Representatives passed three key crypto bills, advancing the Trump administration’s pro-crypto policy agenda. Analyst notes macroeconomic factors, including government spending and inflation fears, prompting investors towards crypto. Crypto prices have…
In brief Kraken has launched CME-based Bitcoin and Ethereum futures for U.S. traders. The new offering coincides with congressional approval of landmark digital asset bills during what Republicans have dubbed “Crypto Week.” The CFTC gains ground as a preferred regulator, raising hopes for clearer rules across the industry. Kraken launched a regulated crypto futures platform…
In brief Electric vehicle maker Volcon said that it has raised $500 million to fuel a Bitcoin treasury. The company’s stock soared by nearly 135% on Thursday following the announcement. It is one of dozens of companies investing in Bitcoin, perhaps seeking lift its sagging stock. Shares of electric vehicle maker Volcon soared nearly 135%…
Ripple’s XRP surged to a new all-time high of $3.55 on July 17, climbing more than 36% over the past week and over 13% over the past 24 hours.The rally marked XRP’s first break above its 2018 peak and came amid a broader altcoin resurgence.The surge comes amid a wider altcoin rally led by Ethereum…
In brief XRP has hit a new all-time high, with other altcoins seeing explosive gains. Solana jumped 11.44% to $175 this week, breaking key price resistance zones and technical indicators confirming trend strength. Will SOL follow XRP and Ethereum “higher”? Let’s take a look at the charts. It certainly feels like altcoin season is in…
In brief Ethereum ETFs added more than $726 million in net inflows on Wednesday, the best day in their trading history. The funds have generated inflows for nine consecutive days. The record came as Ethereum’s price hit its highest level since January. Ethereum exchange-traded funds generated more than $726 million in investments on Wednesday, the…
Ethereum-focused firms BitMine and SharpLink Gaming have each surpassed $1 billion in ETH holdings.BitMine disclosed on July 17 that it now holds 300,657 ETH, valued at approximately $1.04 billion. The firm acquired its holdings at an average price of $3,461.89 per token.Conversely, SharpLink Gaming has also expanded its Ethereum position, purchasing an additional $68.4 million…
Bit Origin has arranged up to $500 million in new capital to accumulate Dogecoin (DOGE) for its corporate treasury, becoming the latest public company to shift its digital asset reserves beyond Bitcoin. The company stated in a current report on Form 6-K that accredited investors committed $400 million in Class A shares and $100 million in…
In brief XRP price set a new all-time high on Thursday, finally topping the seven-year old record. It previously peaked at $3.40 in 2018 during the ICO boom, per data from CoinGecko. Despite regulatory headwinds, which have mostly dissipated, XRP Ledger has been adopted by hundreds of financial institutions. The price of XRP rose to…
In brief The Nasdaq has filed a 19b-4 rules change request that would allow BlackRock’s iShares Ethereum Trust ETF to add staking. The filing is the latest for Ethereum funds hoping to include staking functionality. Ethereum funds have pulled in $2.3 billion worth of investment over a nine-day streak. BlackRock aims to include staking in…
