Crypto

ETH is retesting a multiyear distribution resistance zone that preceded a 66% drop in December 2024. Key takeaways: ETH Net Taker Volume hit -$418.8 million, the second-largest daily sell imbalance ever. Price is retesting a major resistance zone near $4,000, echoing the December 2024 top. Read more

Paul Atkins unveiled Project Crypto last week, an initiative that Bitwise CIO Matt Hougan is calling the “most bullish” crypto document ever. The post SEC Chair’s Project Crypto Is “Most Bullish” Crypto Document Yet, Says Bitwise CIO appeared first on Cryptonews.

The agency warned the public against engaging with unregistered crypto firms.

Ethereum is currently in a strong uptrend, showing resilience above key levels as it consolidates after a sharp move from $2,200 to around $4,000. Yet, there are some signs of exhaustion beginning to surface on the lower timeframes, which could translate to a deep pullback on the higher ones. Technical Analysis By ShayanMarkets The Daily […]

UK's Smarter Web Company issues first Bitcoin-denominated convertible bond worth $21M from TOBAM with revolutionary structure offering Bitcoin upside while achieving 49,198% BTC yield. The post UK’s Smarter Web Company Issues First Bitcoin-Denominated Convertible Bond Worth $21M appeared first on Cryptonews.

Transactions on the Ethereum network have hit yearly highs as the SEC deliberates on how to classify liquid staking protocols. Transactions on the Ethereum network have reached a one-year high as the US Securities and Exchange Commission issues new guidance on staking. This comes amid historical highs in Ether staked on the network; according to Dune Analytics, over 36 million Ether (ETH) is now staked on Ethereum, representing nearly 30% of the total token supply.  A large number of tokens locked into smart contracts indicates that Ether holders are hunkering down, preferring to render their ETH unsellable for the time being in exchange for staking rewards. Read more

Bitcoin spot demand crashes to -$220M as ETF inflows decline 25% with Glassnode data showing RSI falling to oversold 35.8 levels sparking bull run death concerns. The post Bitcoin Spot Demand Crashes to $220M as ETF Inflows Decline 25% – Is the Bull Run Dead? appeared first on Cryptonews.

Tokenized stocks are nearing an inflection point that may lead to an $1.3 trillion market opportunity, according to Binance Research. Tokenized stocks may be approaching a tipping point as investor demand for blockchain-based financial products surges, potentially accelerating the adoption of traditional assets onchain. Tokenized stocks, which are part of the growing real-world asset (RWA) tokenization sector, reached a $370 million market capitalization by the end of July, according to a Wednesday Binance Research report shared with Cointelegraph. The lion’s share, $260 million, was attributed to Exodus Movement (EXOD) shares issued through Securitize. Excluding this figure, the market capitalization of tokenized stocks rose to $53.6 million, marking a 220% monthly increase since June. Read more

Apex Fusion will debut Vector, a Cardano-aligned blockchain that claims instant finality and 10x transaction speed, at Rare Evo on Saturday. Blockchain services firm Apex Fusion is set to launch Vector, a high-performance, Cardano-aligned blockchain designed for institutional users entering the Web3 space. Vector is a peer-reviewed, UTxO-based blockchain testnet with institutional-grade throughput and a claim of instant transaction finality. It will officially launch at the Rare Evo conference on Saturday, Apex Fusion said in a statement shared with Cointelegraph. This makes it the first Cardano-aligned blockchain to achieve independently verified instant finality, which is the assurance that a transaction is irreversible, according to the announcement. Read more

The Payy card combines transaction-shielding cryptography with a custom-built blockchain so a user’s stablecoin transaction amounts never appear on-chain.

The State of Michigan Retirement System disclosed ownership of 300,000 shares of the ARK Bitcoin ETF as of June 30, or about $11.3 million worth at current prices.

Coinbase legal chief Paul Grewal met with Karnataka IT Minister Priyank Kharge to explore collaboration on developer tools, cybersecurity and blockchain in governance. Paul Grewal, chief legal officer at major crypto exchange Coinbase, met this week with Priyank Kharge, the IT minister of India’s Karnataka state, as the US-based crypto exchange seeks to expand its role in India’s growing digital infrastructure. Grewal publicly thanked Kharge in a Wednesday X post, saying he “is excited to explore how Coinbase can further support Karnataka’s tech leadership.” He said that support could include developer tools, cybersecurity collaboration and capacity-building programs “The future is onchain — and it’s being built here,” Grewal said. Read more

The renewed threat of trade wars has fueled risk-off sentiment among investors.

Bitcoin Cash (BCH) was also among the top performers, rising 2.2%.

BNB's 10% drawdown from its peak positions it as one of the more stable assets in the exchange token sector, which has seen larger declines.

Bitcoin acquisition trends are leading to predictions of a major BTC supply shock, with bullish implications for price. Key points: Corporate Bitcoin treasuries such as Strategy’s are predicted to drain OTC desks and then exchanges. The resulting supply imbalance will “uncork” BTC price action. Read more

The SEC’s new guidance on liquid staking boosts governance tokens like LDO and RPL, while TVL across protocols holds steady at $67 billion.

Ten offshore platforms were flagged by regulators earlier this week and are now inaccessible through at least one major ISP.

Out of the box, it’s clear who this device is for: active Solana users who regularly transact on-chain, with the design focusing on everything crypto-first.

Shiba Inu's Bollinger bands are tightest since early 2024, indicating a potential volatility explosion ahead.