Crypto

My long relationship with a "Bert Is Evil" on-chain JPEG that may, or may not be, worthless.

Anatoly Yakovenko, co-founder of the Solana blockchain, has described memecoins and NFTs as “digital slop,” even as the network continues to benefit massively from the hype surrounding these assets. In a July 28 post on X, Yakovenko argued that memecoins and NFTs lack inherent value. He compared them to loot boxes in mobile games, which […] The post Solana co-founder labels memecoins and NFTs as ‘digital slop’ despite booming activity appeared first on CryptoSlate.

BONK rebounds on institutional accumulation while Solana NFT metrics hit quarterly highs

Crypto rallies on US, EU trade deal. BNB hits another ATH, leads major L1s. Galaxy sells $9b BTC for Satoshi-era investor. ETH ETF inflows continue to outperform BTC inflows. Crypto funds hit ATH 4-week inflow. Bit Digital ups share offering to $1b to buy ETH. Sharplink buys $295m ETH, adds BlackRock exec. Trump Media invests $300m in BTC options strategy. Metaplanet buys $92.5m BTC. BTCS bought 14.2k ETH. Four year crypto cycle is dead: Bitwise CEO. DoJ weighs charging Dragonfly in Tornado cash case. MUFG to tokenize $681m building

Bitcoin has entered the final week of July with a visible imbalance in its price structure. The CME Bitcoin futures market reopened on Sunday, July 27, nearly $1,770 above where it had last traded on Friday, July 25, creating an upward gap between $118,295 and $120,065. This is the widest weekend gap since mid-June and […] The post Mind the gap: Bitcoin’s CME futures leave $1,770 unfilled gap over weekend appeared first on CryptoSlate.

Ether is showing renewed strength as rising demand, high network activity, and bullish technicals align to support ETH’s push above $4,000. Key takeaways: Record Ethereum ETF inflows and accumulation by ETH corporate treasuries can drive demand to break $4,000. Rising network activity and Ethereum TVL metrics signal strong demand. Read more

As Bitcoin and Ethereum continue their upward trajectory, some cryptocurrency investors with a more risk-averse appetite are already looking beyond the blue-chip cryptocurrencies and into the low-cap ones. These come with much greater risk profile and a lot of them tend to flop, but some of them might deliver considerable gains in the next bull […]

The new feature supports over 100 cryptocurrencies and major crypto wallets, aiming to simplify international commerce for U.S. merchants.

XRP may surge to $27 but fall to $0.80 after, warns analyst, citing cyclical patterns and technical risks in a future market downturn.

With Amazon and Walmart exploring stablecoins, institutions may be underestimating potential exposure of customer data on blockchains, posing risks to privacy and brand trust. Opinion by: Fahmi Syed, president of the Midnight Foundation Stablecoins have become the most sought-after innovation in blockchain since Bitcoin. Their appeal lies in their undeniable utility, offering the speed and flexibility of digital assets with the stability of fiat, becoming a natural link between traditional finance and decentralized systems.  Now, stablecoins are enjoying a rapid adoption rate, especially in emerging markets where they enable fast, low-cost cross-payments and provide a buffer against currency volatility. Read more

The veteran asset manager advised investors to hedge against macroeconomic risks around rising government debts.

BNB, the native token powering the Binance ecosystem, has reached a new milestone amid renewed market interest and institutional activity. On July 28, the digital asset briefly hit a record price of $854 before easing to approximately $847.5 at the time of writing. This latest surge marks a 7% daily increase and caps a month-long […] The post BNB hits new ATH above $850 driven by institutional buyers as Wall Street warms to token appeared first on CryptoSlate.

The Plasma network will hold $1 billion in stablecoins at launch and offer fee-free stablecoin transfers.

The European Central Bank may rely on regulated euro stablecoins and private innovation to counter the dominance of US dollar stablecoins, says adviser Jürgen Schaaf. A central bank digital currency (CBDC) alone will not be enough to challenge the rise of US dollar-pegged stablecoins, according to an adviser to the European Central Bank (ECB). In a blog post published Monday on the ECB’s website, adviser Jürgen Schaaf outlined a range of strategic options for the European Union to address the rapid rise of dollar-based stablecoins. Among those options were regulated euro-pegged stablecoins, distributed ledger technology (DLT) applications and the ongoing development of the digital euro. Read more

A $1 billion ether treasury could generate as much a $50 million in annual yield, the report said.

The payment services giant will allow businesses to accept 100 cryptocurrencies.

The VIX has declined sharply since April, recently hitting a five-month low ahead of the seasonally bullish August.

Ethereum leads the DeFi boom with nearly 60% market share, while advanced yield strategies and rising activity on Solana and Sui drive cross-chain growth.

Hedera (HBAR) was also among the top performers, gaining 11.9% over the weekend.

Michael Saylor’s Strategy did not purchase any Bitcoin last week, reporting just two acquisitions in July totaling 10,445 BTC, a 39% drop from June. Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, reported no Bitcoin buys last week despite the asset seeing volatility after breaking all-time highs in mid-July. Strategy’s Bitcoin (BTC) holdings remained unchanged at 607,770 BTC as the company opted not to buy more BTC last week, according to a US Securities and Exchange Commission filing on Monday. The price of Bitcoin climbed from about $118,000 to more than $119,000 over the course of the week, despite Strategy’s inactivity and a reported 80,000 BTC sale by an early investor on Friday, according to data from CoinGecko. Read more