Month: August 2025

PENGU to Bounce Back? $0.11 Move Possible After Bullish Flag Formation

TL;DR PENGU forms a bullish flag with resistance near $0.045 and support around $0.035. Analysts highlight $0.110 target as TD Sequential signals buy and longs face liquidations. Market cap milestones: $0.19 for $10B and $1.10 aligning with Dogecoin’s peak. Bullish Flag Formation Pudgy Penguins’ token, PENGU, is trading near...
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Bitcoin Boom Powers Record Revenue at Strategy and Tether in Q2 2025

Strategy (formerly MicroStrategy) has delivered its most profitable quarter ever in Q2 2025, reporting record net income of $10 billion. The bumper quarter resulted in a diluted earnings per share of $32.60, a dramatic turnaround from a net loss of $102.6 million in the same quarter last year. The...
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CoinDCX Employee Arrested Over Links To $44 Million Crypto Heist – Report

In a new development, Indian authorities have arrested one of CoinDCX’s employees for his alleged connection to the recent security breach that resulted in the massive crypto theft. Crypto Investigation Leads To Arrest On Thursday, local reports revealed that Bengaluru City police had arrested Rahul Agarwal, a software engineer...
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Ether Machine Expands Ethereum Exposure, Adds 15,000 ETH In Latest Buy

The Ether Machine, an institutional-grade Ethereum (ETH) yield and infrastructure company, recently announced the addition of 15,000 ETH to its balance sheet. The purchase coincided with Ethereum’s 10-year anniversary. The Ether Machine Continues To Stack ETH In a recent announcement, The Ether Machine confirmed it had purchased nearly 15,000...
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Michael Saylor Says Strategy’s Current Capital Structure ‘Bulletproof’ Compared To 2022 Crypto Winter, Asserts Company Can Weather 80% Bitcoin Crash

Strategy Inc. (NASDAQ:MSTR) CEO Michael Saylor expressed confidence in his company’s Bitcoin (CRYPTO: BTC) buying approach Thursday, asserting that it could endure an 80% drawdown and remain resilient even in a bear market. What Happened: During the company’s second-quarter earnings call, Saylor was asked about the company’s ability to weather Bitcoin...
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Will Markets Tank Further When $5.7B Bitcoin Options Expire Today?

Around 48,600 Bitcoin options contracts will expire on Friday, August 1, and they have a notional value of roughly $5.7 billion. This one is around half of last week’s large end-of-quarter expiry event, so it is unlikely to be enough to influence spot markets, which have started to tank...
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