Everything web3, crypto, defi, degen
In brief Solana reached $200, its highest in five months, alongside a $1.5 billion rise in open interest over three days. Options data signals growing investor caution, with implied volatility and 30-day skew both spiking. Upcoming macro events—including Fed remarks, jobless claims, and a rate decision—may test the rally. Solana climbed to a five-month high…
In brief Roman Storm’s lawyers said Monday they may file a motion for a mistrial, due to alleged holes in the prosecution’s case against their client. The U.S. government has so far failed to prove that Tornado Cash was used in some of the cybercrimes recounted by their witnesses at trial, according to Storm’s lawyers.…
In brief Pump.fun boasts some of the most impressive numbers in the entire crypto industry, growing faster than any crypto app before it. It recently raised $600 million in an ICO, but it’s PUMP token is now close to falling below its ICO price. As competitors rise and Pump.fun’s revenue slows, can the Solana meme…
In brief CoinDCX confirmed a $44 million hack on July 19 that affected an internal liquidity account, while assuring that customer funds remain safe. The exchange launched a bounty program offering up to 25 percent of recovered funds, with a potential payout of $11 million to those who assist in tracing the stolen assets. The…
In brief Bitcoin’s dominance is creeping down, but it’s too early to tell if it’ll become a trend, 21Shares’ Adrian Fritz said. At $2.3 trillion, Bitcoin’s dominance stood at around 61% on Friday. CoinMarketCap’s Altcoin Season Index stood at 43, leaning toward Bitcoin. Bitcoin’s grip on the $4 trillion cryptocurrency market may be loosening, but…
In brief Pump.fun is a protocol that enables users to easily create meme coins on the Solana network. The platform has served as the launchpad for meme coins including Fartcoin, Peanut the Squirrel, Moo Deng and Chill Guy, as well as celebrity-endorsed meme coins. Pump.fun’s livestreaming feature has seen meme coin creators performing stunts on…
Bitcoin dominance has dropped to 61.6%, its lowest level in three months, just as Ethereum surged to a six-month high and the global crypto market cap topped $4 trillion. This marks the most decisive capital rotation into altcoins since April, suggesting the early stages of a new alt-season.What’s HappeningBTC Dominance Breaks DownBitcoin’s share of the…
In brief Ethereum Classic, Litecoin, and Bitcoin Cash jumped in value on Friday, after XRP and Bitcoin set new all-time highs. Akshat Vaidya, CIO of venture capital firm Maelstrom, told Decrypt that old-school tokens pumping is an early sign that a broader altcoin season might be on its way. However, he said investors may have…
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…
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…
