SOL Surges 8%, With Its CME Futures Volume Hitting an All-Time High
Solana’s SOL token SOL is trading at $145.47, up 7.63% in the past 24 hours, as traders responded to a breakout surge backed by strong futures activity. The rally gained traction after a sharp bounce from $133.55 to $144.10, supported by above-average trading volumes during the 17:00 and 22:00...
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Pompliano’s ProCap Buys 3,724 Bitcoin After Raising $750M War Chest
ProCap BTC, a cryptocurrency financial services firm founded by investor Anthony Pompliano, wasted no time putting new money to work. Less than 24 hours after revealing a $1 billion merger with Columbus Circle Capital Corp. (CCCM) and a separate $775 million capital raise, the firm snapped up 3,724 bitcoin...
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SharpLink Gaming Boosts Ethereum Treasury to 188,478 ETH With $30M Purchase
SharpLink Gaming (SBET), a publicly-listed gaming tech company with a crypto strategy focused on ether ETH, said Tuesday it increased its treasury holdings of the second-largest cryptocurrency to 188,478 ETH. The Minneapolis-based firm bought 12,207 ETH for some $30.7 million between June 16 and June 20 at an average...
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A Nasdaq-Listed Stock Surges More than 100% After Unveiling $1 Billion BNB Token Buying Plan
Nano Labs (NA), a Nasdaq-listed designer of high-throughput computing chips, has struck a private agreement to sell $500 million in convertible notes that mature in 360 days to buy Binance’s BNB BNB token for its balance sheet. The unsecured notes will carry no coupon and can be swapped at...
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TON Up 3% After Volatile Session, Establishing New Support Level
Following a period of volatility where prices swung between $2.72 and $2.93, strong buying emerged for toncoin TON at lower levels, according to CoinDesk Research’s technical analysis model. The coin is up 3% in the last 24 hours, underperforming the CoinDesk 20 — an index of the top 20...
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U.S. Senators Pitch New Crypto Market Structure Framework as Hearing Approaches
Top U.S. senators have shared the outline of what they’re after in the effort to establish rules of the road for domestic crypto markets, releasing a set of principles on Tuesday as they prepare to further hash out their intentions in an afternoon hearing. The crypto industry is excited...
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Fed’s Powell Reiterates Patience on Rates in Congressional Testimony
U.S. Federal Reserve Chairman Jerome Powell offered little change in stance from his recent remarks, reiterating that the economy is in a good spot, giving the central bank the room to be patient before considering easing monetary policy. “For the time being, we are well positioned to wait to...
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Tokenized US Treasurys increase market risk vectors
Tokenized US government debt used as collateral in leveraged trading exposes crypto markets to further geopolitical and liquidity risks....
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WF Holding Soars 80% After Crypto Pivot And China Expansion Plans
WF Holding Ltd (NASDAQ:WFF), a fiberglass-reinforced plastic (FRP) manufacturer based in Malaysia, is making a strategic entry into the cryptocurrency sector. The company has appointed Bull Coin Asset Management Limited as an advisor to assist with research, technology assessment, and compliance strategy. The company’s stock price skyrocketed following the...
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CZ hypes ‘BNB MicroStrategy’ as corporate reserve interest grows
Former Binance CEO and founder Changpeng Zhao is cheering the growing institutional spotlight on BNB as more firms move to tap the token as a reserve asset. In a July 24 X post, Zhao praised China-based Labs cryptocurrency-mining chip designer…...
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