Bitcoin Pulls Back to $119K as Looming Inflation Data Could Bring Price Swings
Bitcoin’s (BTC) overnight push towards fresh records met with profit-taking on Monday, knocking prices down to $118,500. The pullback left bitcoin 2.8% off its session high of $122,200, though the largest crypto remained up 0.4% over the past 24 hours. Ether held above $4,200, modestly up 0.8% during the...
Read More
Crypto Rules Should Shield People, Not Amplify Corruption In Government: US Senator
Senator Elizabeth Warren is stepping up her call for strict cryptocurrency regulation, worried that industry-backed legislation can undermine consumer protections and weaken oversight. She is calling for measures that exclude corporate influence from policy-making and keep public servants from holding financial interests that could sway their decisions. Warren Rejects...
Read More
200,000,000 ADA in Just 2 Days: Are Cardano Whales Preparing for Something?
TL;DR Whales accumulated almost $160 million worth of ADA in the span of only 48 hours. Continuous buying efforts, paired with non-declining demand, could trigger a price rally. Increasing Exposure The renowned analyst Ali Martinez revealed on X that Cardano whales (those having between 100 million and 1 billion...
Read More
Bitcoin Vs. Ethereum: Mow Sees ‘Pump-And-Dump’ Repeat
Samson Mow, a well-known Bitcoin entrepreneur and founder/CEO of JAN3, has thrown a bucket of cold water on Ethereum’s relative-strength burst versus Bitcoin, arguing the ETHBTC move is being engineered by BTC-rich Ethereum insiders rotating capital to manufacture an upside narrative around “treasury” adoption—and then unwinding it back into...
Read More
Stripe to build new L1 payments blockchain in partnership with Paradigm: Fortune
Stripe is building payments blockchain Tempo with Paradigm, expanding its stablecoin infrastructure after Bridge and Privy deals. The post Stripe to build new L1 payments blockchain in partnership with Paradigm: Fortune appeared first on Crypto Briefing....
Read More
Solana Memecoin BONK Gets a $25M Corporate Treasury Boost
Nasdaq-listed Safety Shot (SHOT) has taken a 10% revenue stake in Bonk.fun, among the largest memecoin launchpads on Solana. As part of a deal, Safety Shot will receive $25 million worth of BONK (BONK) for its treasury, aligning the public company directly with the platform’s growth. Bonk.fun generated over...
Read More
Terra’s Do Kwon to Change ‘Not Guilty’ Plea in US Fraud Case
Terraform Labs founder Do Kwon may change his “not guilty” plea in federal court tomorrow, a judge said Monday. District Judge Paul Engelmayer, of the Southern District of New York, scheduled a hearing for Tuesday morning in an order saying he had been “advised that the defendant may enter...
Read More
Terraform Labs’ Do Kwon Prepares To Plead Guilty Over $40 Billion Collapse
Do Kwon, co-founder of blockchain company Terraform Labs, is anticipated to enter a guilty plea regarding US fraud charges tied to two cryptocurrencies that collectively lost approximately $40 billion in 2022. Court records revealed on Monday indicate that a conference for this purpose has been scheduled for August 12,...
Read More
Ethereum Whale Activity Surges With $946.6M Weekly Accumulation – Details
Ethereum surged above the $4,300 mark just hours ago, reinforcing its bullish trend and putting it within striking distance of its all-time high. This breakout comes amid a wave of strong fundamentals, including rising network activity, growing institutional adoption, and record-low exchange reserves—signaling a tightening supply that could fuel...
Read More
Bitcoin eyes $135k as daily structure holds strong above $119k support
Bitcoin is moving higher on the daily timeframe after breaching all key resistances below its all-time high. A test of the channel’s upper boundary is likely before a corrective phase sets in, targeting $135,000. Bitcoin (BTC) has cleared multiple resistance…...
Read More