Ethereum price surges 6% to $2,800 as shorts suffer amid $500M crypto liquidation

Ethereum’s price rose 6% to above $2,800, driven by Bitcoin’s rally to $112,000 and optimism around ETH whale activity. The gains came as over $500 million in leveraged positions, including $139 million in ETH, were liquidated. Institutional interest and increased buying could drive Ethereum’s price higher. Ethereum (ETH) rose a decent 6% in 24 hours…

Read More

Bitwise CIO Reveals 4,000x Prediction, Says Ethereum, XRP, Solana and Others Will Be Impacted From One Booming Trend

Matt Hougan, the chief investment officer (CIO) of crypto asset management firm Bitwise, is predicting an explosion in the tokenization of traditional assets. In a new blog post, Hougan says that the transition of stocks, bonds and other real-world assets (RWAs) onto blockchains instead of traditional systems may happen much quicker than he previously thought….

Read More

Crypto Hackers Drain $42,000,000 From Decentralized Perps Exchange GMX, Sends Funds to Unknown Wallet: Report

Blockchain security firm PeckShield says that bad actors stole tens of millions of dollars from the decentralized perpetuals exchange GMX (GMX). Posting on the social media platform X, PeckShield says that a hacker has exploited the crypto exchange to the tune of $42 million, sending $9 million of the stolen funds to the Ethereum (ETH)…

Read More

Ethereum ascends: Institutional pivot and dormant whale moves signal a new era

Bit Digital shifts treasury from Bitcoin (BTC) to over 100K ETH. Dormant Ethereum wallets move millions after 10 years. ETH/BTC bull flag hints at a 35% breakout by August. Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalisation, is stepping into what many believe could be a transformative phase, marked by growing institutional alignment and…

Read More

Trader Says Matter of Time Before Crypto Breaks to New All-Time Highs, Updates Outlook on Bitcoin, Ethereum and One Other Altcoin

Widely followed trader Michaël van de Poppe believes that new record highs are bound to happen for the crypto market. The analyst tells his 794,400 followers on the social media platform X that he’s keeping an eye on the TOTAL chart, which tracks the market cap of all digital assets excluding stablecoins. According to Van…

Read More

Analyst Unveils Crypto Catalysts for ‘Jubilant July,’ Says Altcoins Will Likely ‘Cook’ for Next Few Weeks

A crypto strategist with a history of timely Bitcoin (BTC) calls believes that the digital asset market will flourish this month. Pseudonymous analyst Pentoshi tells his 868,800 followers on the social media platform X that he sees the crypto markets rallying this month amid a slew of bullish catalysts. “It’s the start of a new…

Read More

DeFi Real World Assets Tokenizing Platform Ondo Finance Acquires SEC-Regulated Broker Dealer Oasis Pro

A real-world asset tokenization platform has acquired a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC). In a new thread on the social media platform X, decentralized finance (DeFi) and tokenization project Ondo Finance (ONDO) says it’s acquired the broker-dealer Oasis Pro as a means of bringing regulated tokenized securities to blockchains. “On…

Read More