Arkham confirms US gov $24b Bitcoin holdings, debunking 85% sell-off rumor
Arkham Intelligence has clarified that the U.S. government still holds approximately 198K BTC, disproving rumors that it had sold off 85% of its reserves. Blockchain analytics firm Arkham Intelligence has reported that the U.S. government’s Bitcoin (BTC) holdings are currently…...
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PENGU Whale Nets $2.1M Profit as Prices Tumble, Will This Support Hold?
TL;DR Whale exits with $2.13M profit as PENGU drops 8% but remains up 29% on the week. Rounding bottom breakout holds strong with the asset above $0.03 neckline and key moving averages. ETF buzz and NFT demand fuel hopes for a rally; resistance stands just above $0.045 level. Whale...
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Solana to Boost Block Capacity by 66% with SIMD-0286 Upgrade
The Solana blockchain is reportedly gearing up for another major scalability leap, with its block capacity poised to go from 60 million to 100 million Compute Units (CUs) under the SIMD-0286 upgrade first proposed in May. This 66% increase comes just a day after the network successfully raised its...
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Tokenization Of Gold: How Blue Gold And TripleBolt Are Taking It To The Next Level
What do you get when you take a large gold asset in Africa and combine it with blockchain innovation? You get Blue Gold Limited’s (NASDAQ:BGL) foray into blockchain-based digital assets backed by gold futures. The next-generation gold development company, which recently went public on the Nasdaq, just announced a...
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Crypto Inflows Surge to $60B Year-to-Date, Outpacing Private Equity: JPMorgan
Capital is flooding into digital assets at a record pace this year, according to Wall Street bank JPMorgan (JPM), marking a sharp contrast with declining flows into private equity and private credit markets. JPMorgan estimates that net capital inflows into digital assets have hit $60 billion year-to-date, a nearly...
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Multisig Failures Dominate as $2B Is Lost in Web3 Hacks in the First Half
Crypto investors lost around $2 billion to hacks in the first half of the year, with the first quarter alone topping all the losses of 2024, according to a report from security firm Hacken. The most intriguing finding was that multisignature wallets, which require several people to sign a...
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BNB Falls 4.3% as Traders Eye Key Support Levels After Record High
BNB slid 4.3% in the last 24 hours, falling from $808 to $764 in a sharp pullback that erased a portion of its gains month-to-date. The drop came on heavy volume, with traders watching a critical support zone around $744 to $753 as the next test for the market....
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XRP Rebounds From Nearly $3 After 10% Drop, Signals Possible Bottom
What to Know XRP fell 10.14% in the 24-hour session from July 23 at 12:00 to July 24 at 11:00, declining from $3.45 to $3.10. The selloff accelerated between 13:00–21:00 on July 23, breaching the $3.20 support and forming fresh resistance at $3.23–$3.25. By early July 24, the token...
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Focus on Bitcoin-Yen’s ‘Descending Triangle’ as Fed Rate Cut Bets Rise
This is a daily analysis of top tokens with CME futures by CoinDesk analyst and Chartered Market Technician Omkar Godbole. BTC/JPY: Focus on descending triangle Bitcoin’s (BTC) dollar-denominated price continues to fluctuate below $120,000, hovering around major intraday moving averages, which provides little directional clarity. Hence, we are focusing...
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Solana Eyes 66% Block Size Bump With New Developer Proposal as Network Demand Grows
Solana developers are considering increasing the network’s block capacity by 66% as demand for block space on the most widely used network grows. A new proposal, SIMD-0286, floats the idea of increasing Solana’s per-block compute limit from 60 million to 100 million compute units (CUs), according to a document...
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