“Bitcoin Cycle Theory Is Dead” – Crypto CEO Apologizes For Bearish Misfire
Bitcoin is undergoing a notable pullback after trading within a tight consolidation range for the past two weeks. The price has dropped approximately 6% from its recent all-time high of $123,000, sparking increased volatility and growing debate among analysts. This correction, while still within historical norms, has prompted deeper...
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XRP issuer Ripple sees its RLUSD stablecoin grow among retail users
Although some Ripple executives initially suggested that RLUSD might be limited to institutional use, the stablecoin is gaining traction in retail....
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$4,000 Is Ethereum’s Last Hurdle Before Price Discovery, Says Galaxy Digital’s Mike Novogratz
Michael Novogratz, CEO of Galaxy Digital on Thursday said Ethereum (CRYPTO: ETH) has a chance to outperform Bitcoin (CRYPTO: BTC) over the next three to six months as institutional capital begins to rotate deeper into Ethereum. What Happened: The remarks came during an interview with CNBC, where Novogratz discussed...
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Traders just added 10,000 Bitcoin worth of open interest to BTCUSDT, here’s what could happen
Open interest for Bitcoin just surged by 10,000 BTC, signifying an 8% surge that could shake up the price of BTC even more than it already has. According to data from CoinGlass, Binance total BTC (BTC) futures for open interest…...
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MDT up over 170% in the last 24 hours, will the rally continue?
MDT (MDT), the native token of the decentralized data exchange platform Measurable Data, jumped nearly 170% on July 25. Could the token be gearing up for further gains? According to CoinGecko data, MDT rose to a six-month high of $0.043,…...
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Volatile XRP and DOGE Whale Accumulation Steal the Show: Bits Recap July 25th
TL;DR XRP briefly plunged below $3 before recovering above the psychological mark, with analysts viewing the dip as a temporary pause in its broader uptrend. Whales scooped up 310 million DOGE, with analysts eyeing a rally toward $0.46 and even $5. A substantial spike in burn rate and oversold...
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Maple Finance’s SYRUP Bucks Bearish Crypto Slump With 23% Upside Move
Decentralized finance (DeFi) protocol Maple Finance (SYRUP) has swept away any bearish crypto sentiment, rising by 23% in the past 24 hours after it was listed on Upbit, South Korea’s largest exchange. Daily volume increased from $230 million to $862 million after the listing as traders poured in to...
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APT Surges 5% From Lows Despite Market Volatility and $960M in Altcoin Liquidations
Aptos’ APT exhibited exceptional price volatility throughout the 24-hour trading period, establishing a comprehensive trading range of 5.4%, spanning from an absolute low of $4.53 to a session high of $4.79, according to CoinDesk Research’s technical analysis model. The model showed that the period was highlighted by an explosive...
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EU BTC treasuries pile up as Refine Group raises $475k to buy Bitcoin
A growing number of European firms are joining the Bitcoin treasury wave, and this time, it’s the Sweden-based digital commerce firm Refine Group stepping in. Per a July 25 press release, Refine Group has raised SEK 5 million, roughly $475,000,…...
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Bitcoin-focused The Smarter Web Company inches closer to 2,000 BTC with latest purchase
UK-listed The Smarter Web Company just bought 225 BTC boosting its holdings and bringing it closer to the 2,000 BTC threshold. How much Bitcoin does the company hold now? On July 25, The Smarter Web Company has announced another BTC…...
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