ETH to $4,000? Analysts Weigh Whale Purchases Against Correction Risks
Ether’s multi-week climb toward the $4,000 level has faced resistance, with the token falling more than 3% to around $3,696. While bulls remain confident the uptrend is intact, recent price action has exposed some technical fragility — just as institutional buyers continue ramping up accumulation. The latest ETH pullback...
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Internet Computer Slides Amid Broader Altcoin Pullback
Internet Computer (ICP) dropped 4.85% to $5.9149 on Tuesday, posting a low of $5.81 after peaking at $6.25 the previous day. Despite bullish headlines – a new partnership between Internet Computer developers DFINITY Foundation and indexing firm Maestro – the token succumbed to broad market rotation out of altcoins,...
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BONK Holds Key Support as Volatility Grips Market
BONK traded in a wide 8% range from $0.0000328 to $0.0000358 between July 21 and July 22, ultimately falling 4% lower at $0.00003494. Despite the decline, the Solana-based meme token demonstrated resilience by defending key support at the $0.000033 level, where heavy trading volume signaled strong buyer interest. A...
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Bitcoin ETFs’ 12-Day Inflow Streak Comes to an End as Price Stalls
U.S.-listed spot bitcoin exchange-traded funds saw net outflows of $131.4 million on Monday, breaking a 12-day streak of uninterrupted inflows that brought in over $6 billion, according to data from Farside Investors. The pullback came as bitcoin (BTC) itself traded mostly flat to start the week. Prices continue to...
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UK Says Crypto Sector Likely Under Reporting Sanction Breaches
Crypto companies in the U.K. have almost certainly been under-reporting breaches of financial sanctions since as far back as 2022, the Office of Financial Sanctions Implementation (OFSI) said in a Monday report, as the nation imposed more sanctions on Russia. The report, which is a sanctions threat assessment focused...
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NEAR Slumps as Bitcoin Regains Strength, Ending Altcoin Surge
NEAR Protocol slid sharply on Monday as intense selling pressure gripped the market, with the token breaking critical support levels despite surging trading volumes. The retreat comes as Bitcoin shows renewed strength, overshadowing last week’s “altcoin season” that saw smaller tokens briefly outperform the leading cryptocurrency. During the 24-hour...
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Kraken to Support Biotech Firm Windtree’s $200M BNB Treasury Play
Nasdaq-listed biotech firm Windtree Therapeutics has entered into a strategic partnership with crypto exchange Kraken to manage its BNB-focused crypto treasury program, the companies announced Tuesday. The deal will see Kraken handle custody, trading and over-the-counter (OTC) execution of BNB assets for Windtree. So far $60 million has been...
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PNC Bank to Offer Crypto Access Through Coinbase Amid Growing Institutional Demand
PNC Bank (PNC) is partnering with Coinbase (COIN) to offer its institutional and banking clients access to cryptocurrency services, the companies said Tuesday. The collaboration will use Coinbase’s “Crypto-as-a-Service” infrastructure to let PNC clients buy, hold and sell digital assets securely. PNC will also provide banking services to Coinbase,...
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Bitcoin Miner Bitfarms Jumps 8% on Share Buyback Program
Bitcoin mining firm Bitfarms (BITF) surged on Tuesday as the company announced to buy back up to 10% of its common stock’s public float. The Toronto-based company said the buyback plan, beginning July 28, will let it acquire up to nearly 50 million shares on the open market through...
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SharpLink’s Ether Bet Surpasses $1.3B After Latest Purchase
SharpLink Gaming (SBET), the ether (ETH) treasury company led by Ethereum co-founder Joseph Lubin, continued its buying spree bringing total holdings above $1.3 billion. The firm said in a Tuesday press release that it acquired 79,949 ETH over the last week at an average price of $3,238, its largest...
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