Everything web3, crypto, defi, degen
In brief The price of Bitcoin has pulled back to $117K after failing to break resistance above $121,000. XRP is down bad, falling 8.37% in the last 24 hours. But fear not crypto bulls. Technical data suggests a very normal correction at play rather than a trend reversal. Bitcoin and the rest of the crypto…
In brief MEI Pharma is establishing a litecoin treasury after closing a $100 million private placement. The pharmaceutical company is adding Litecoin Foundation founder Charlie Lee to its board of directors. Litecoin was trading at $113.35, down more than 4% over the past 24 hours. MEI Pharma, a publicly traded pharmaceutical company, closed a $100…
In brief Altcoins are falling hard Wednesday following a recent surge in prices for Ethereum, XRP, and more. Glassnode reports that altcoin open interest hit a new all-time high, skyrocketing since the start of July. That growth in derivatives trading may result in more volatility, which could explain the dip. The recent crypto market euphoria…
In brief American Bitcoin miner MARA is raising more money to buy BTC for its treasury. Nasdaq-listed MARA will raise $850 million via a private sale of senior convertible notes. The company has a strategy of not selling its crypto holdings. Top Bitcoin miner MARA, formerly known as Marathon Digital, is planning to raise $850…
In brief Tesla opened a retro-style diner in Hollywood with EV-only parking, rooftop dining, and massive LED screens playing movie clips. While an Optimus robot serves popcorn, the kitchen is still human-run. While Tesla fans praised the experience, some locals raised concerns about traffic, noise, and the diner’s impact on the neighborhood. Tesla’s long-awaited retro-style…
In brief Bitcoin set a new all-time high last week above $122,000. But BTC has since struggled to hold onto those gains, now trading below $120K. Can bulls make up the ground? Predictions on Myriad lean slightly bearish at the moment on the short-term outlook. Bitcoin is on a historic run, setting a new all-time…
In brief The SEC appears increasingly likely to approve in-kind redemptions for Bitcoin and Ethereum ETFs, according to Bloomberg analyst James Seyffart. Five issuers with Bitcoin and Ethereum ETFs on the CBOE filed amendments to their prospectuses, suggesting “positive movement” from regulators on approving in-kind redemptions for the funds. The SEC has delayed deadlines for…
In brief SharpLink Gaming now holds 360,807 ETH worth over $1.3 billion. The company added nearly 80,000 Ethereum last week. ETH hit a 2025 high on Monday above $3,800 before retreating. Ethereum treasury firm SharpLink Gaming brought its total ETH holdings to over 360,000, the company announced in Tuesday in a weekly progress report. Those assets…
In brief CryptoPunks have led a resurgence in NFT trading volume, with activity concentrated on a dedicated marketplace for the iconic collection of profile pictures. On Solana, Mad Lads NFTs have recently jumped in floor price too. Although the rebound has generated buzz, the activity has been less pronounced than a burst of trading volume…
In brief Legal precedents block Trump from legally firing Powell except for misconduct, not policy disagreements. Trump allies are escalating pressure on Powell, including a criminal referral and threats of early succession. Rate cut speculation may boost crypto in the short term, but long-term instability could pressure risk assets, Decrypt was told. A public clash…
