TL;DR XRP defends $3.05–$3.10 support zone, forming a potential double bottom on the 4-hour chart. Exchange balances fall while wallet count nears 7.3M, signaling long-term holding activity. On-chain activity rebounds to 1B tokens as network use increases ahead of August. Chart Structure and Support Zone Ripple (XRP) continues to trade above a key support range…
LOKA staged a strong rally earlier today as more exchanges pledged their support for its ongoing migration to Arena-Z. Summary LOKA surged over 600% on July 31 before correcting, driven by exchange-backed migration to Arena-Z. A whale wallet withdrew 170M LOKA from exchanges, triggering a 97% drop in available supply on exchanges. Binance completed the…
Key Takeaways FTX and Alameda Research staked 20,736 ETH valued at $79 million after recent Bybit withdrawals. The entities unstaked over 3 million Solana tokens valued at approximately $431 million in March. Share this article Wallets linked to FTX and Alameda Research staked 20,736 Ethereum valued at approximately $79 million on Wednesday, according to data…
The U.S. Securities and Exchange Commission has approved in-kind redemptions for spot Bitcoin and Ethereum exchange-traded products. This means ETF issuers and authorized participants can now deliver or receive actual Bitcoin or Ether when creating or redeeming shares. Until now, they had to use cash. This rule change brings crypto ETFs closer to how commodity…
News of companies breaking the usual BTC treasury trend continues to emerge almost daily, and we can see everything from new players to established industry veterans shifting to the second-largest digital asset. The DeFi-native Ethereum is steadily stealing the spotlight; only time will tell if the momentum will keep going, albeit there are currently no…
PENGU’s rally has reversed with a 17% weekly loss, as on-chain data points to one insider-linked wallet offloading over $17 million worth of tokens to exchanges since July. Summary PENGU is down 17% in a week as a wallet linked to the deployer sent over $17M worth of tokens to exchanges. Technical indicators show early…
Key Takeaways The Ether Machine purchased 15,000 ETH, increasing its total holdings to 334,757 ETH. The company aims to support Ethereum and generate ETH-denominated returns through staking and DeFi. Share this article The Ether Machine, a newly formed Ethereum generation company backed by Pantera Capital, Kraken, and other top-tier investors, announced Wednesday the acquisition of…
The crypto market is flashing mixed signals, leaving investors wondering what are the best crypto to buy right now. While the global market cap dropped to $3.87 trillion and major altcoins like XRP (-0.50%), Solana (-2.4%), and BNB (-3.61%) slipped into the red, some assets are showing surprising strength. Ethereum (ETH) is one of them,…
eToro revealed its expanded product roadmap in a global webinar on Tuesday, highlighting three key developments as the company moves toward a “tokenized future.” Part of that move is the expansion of its current stock trading to include an initial list of 100 of the most popular US-listed stocks and exchange-traded funds that will be…
Bitcoin’s stable position between $118,000 and $120,000 has provided a supportive environment for altcoins to recover and gain momentum. Currently, we are witnessing a pullback due to the Bitcoin (BTC) dominance finding support; however, analysts expect that we can see an altcoin rally yet again in August. Summary Amid Bitcoin stability, altcoins such as BONK,…
