A judge has denied MIT brothers’ bid to dismiss $25 million crypto fraud charges, ruling their novel crypto exploit methods still constitute wire fraud.
Solana isn’t the only network upgrading its block capacity; Ethereum's gas limit increased to just under 45 million units as of Tuesday.
Horizen, supported by Digital Currency Group (DCG), has officially migrated its native ZEN token from its original Layer 1 blockchain to the Base blockchain, adopting the ERC-20 token standard. This transition is part of the wider Horizen 2.0 upgrade, which includes launching a privacy-focused Layer 3 appchain on Base. The move is designed to boost …
Veda CEO Sun Raghupathi explains how crypto vaults simplify DeFi and enable mainstream adoption through secure, scalable yield products.
July 24, 2025 07:07:38 UTC $735M in Crypto Liquidations as ETH, XRP Traders Hit Harder Than Bitcoin A sudden market pullback wiped out nearly $735 million in crypto futures, with bulls suffering the most. Ethereum traders saw the largest losses at $152.78M, followed by XRP at $88.58M—both surpassing Bitcoin’s $65.29M in liquidations, per CoinGlass. The …
Pi Network is getting attention again, and this time it’s not just talk. In the past few days, nearly 4.8 million Pi Coins, worth over $2.1 million, have been pulled off the OKX exchange and sent to a private wallet. That includes a single transaction on July 23 for over 1.4 million Pi, worth around …
US spot Ethereum (ETH) ETFs celebrated their one-year anniversary on July 23, 2025, having accumulated nearly $8.7 billion in net inflows and managing over $16.5 billion in assets. Launched after SEC approval in 2024, nine major ETFs from providers like BlackRock, Fidelity, and Grayscale have sustained consistent investor interest. A recent multi-week inflow streak contributed …
Solana, the open-source blockchain known for its high-speed performance, has just made a major move to boost its scalability. The network raised its block capacity by 20%, signaling stronger infrastructure and future growth. However, despite this technical leap, Solana price has dropped nearly 10% as traders book profits. So, what’s next for SOL? Solana News: …
Tether CEO Paolo Ardoino announced on Wednesday that the company will expand its operations in the U.S., focusing mainly on serving big institutions with its stablecoin for payments and settlements. This move comes just a week after President Donald Trump signed the GENIUS Act, a new law targeted at regulating stablecoins in the country. Tether …
BlackRock, managing $12.5 trillion in assets, reports that de-dollarisation is prompting central banks to diversify away from the US dollar. This shift includes increased interest in alternative assets like gold and emerging digital currencies such as Bitcoin. The move signals growing acceptance of cryptocurrency in global finance as countries seek to reduce reliance on the …
The report could recommend ways for the government to build a Bitcoin stockpile without using taxpayer funds, Decrypt was told.
Temporary support emerged at $0.23 by 21:00, driven by visible accumulation, but subsequent upside attempts consistently faltered at the $0.24 resistance zone.
On-chain data shows the XRP whales have transferred significant amounts in the asset during the past day. Here’s where the coins are heading. XRP Whales Have Just Made Two Large Transactions According to data from cryptocurrency transaction tracker service Whale Alert, two massive transfers have been spotted on the XRP blockchain in the last 24 hours. Both of these moves were of a scale that can be associated to the whales, entities that carry significant amounts in their wallets. Due to their size, these investors can hold some degree of influence on the network, so their transfers can be worth keeping an eye on. They may not always directly affect the asset, but they can still sometimes be revealing about the sentiment among the cohort. Related Reading: XRP Breaks Out Of Bull Pennant—Is $15 Now In Sight? That said, it’s only possible to speculate on transactions when they involve at least one wallet that’s identifiable. Cryptocurrency networks are, after all, anonymous by nature, so a lot of transfers don’t hold any meaningful information. The older of the two XRP whale transfers from the past day, which also happens to be the much more massive of the two, was unfortunately of the type with no known addresses. As is visible above, the transfer involved around 200 million XRP, worth a whopping $700.6 million at the time that the move was executed on the blockchain. The transaction occurred between two unknown wallets, meaning that they were likely to have been self-custodial addresses. As mentioned before, it’s hard to infer anything from moves like these, as they can have any underlying reason, ranging from something as simple as a change of wallets to a peer-to-peer (P2P) sale. The second whale transfer for the day, however, was different. Below are the details associated with this move. This transaction, which saw the movement of 16.8 million tokens of the asset (about $58.3 million), had an unknown wallet as the sender, but on its receiving end was an address associated with cryptocurrency exchange Coinbase. Moves of this type, where coins flow from a self-custodial wallet to a centralize exchange, are called Exchange Inflows. Generally, holders deposit their coins to these platforms when they want to make use of one of the services that they provide, which can include selling. As such, Exchange Inflows can sometimes prove to be bearish for the cryptocurrency’s price. Related Reading: Solana Becomes The Talk Of Social Media As Price Hits $200 Given that the whale has made this transaction following a surge in XRP, it’s possible that profit-taking may have been the motive behind it. XRP Price At the time of writing, XRP is trading around $3.27, up over 9% in the last week. Featured image from Dall-E, whale-alert.io, chart from TradingView.com
India has upgraded its tax surveillance to tackle evasion in digital banking, cryptocurrency, and cloud storage. The Central Board of Direct Taxes (CBDT) is actively involved in global crypto regulation talks. From April 1, 2026, digital evidence will be crucial in investigations, enhancing authorities’ ability to track tax evasion. Access to crypto wallets will be …
The correlation between BTC's implied volatility indices and the S&P 500 VIX recently hit a record 0.88.
XRP has faced a brutal pullback of 11% in the last 24 hours, this has been one of its steepest declines this month. The fall was triggered by the SEC’s reversal on Bitwise’s XRP-containing ETF between July 22-24. This not only blocked $1.86B in BITW assets from migrating to regulated exchanges but also cast renewed …
Solana developers proposed SIMD‑0286 to raise block capacity to 100 million compute units, a 66% hike that targets more throughput for dapps and users.
The company said it plans to purchase 2,900 Bitmain S21 Pro miners with the first drawdown of the funding.
The crypto market is down today, with the global market cap slipping 6% to $3.92 trillion. Bitcoin is holding above the $118K mark with a modest 0.7% dip. However, altcoins faced steeper losses, with Ethereum down 6% and XRP plunging 10%. Solana, Dogecoin, and Cardano have also seen sharp declines, losing between 7-10% over the …
The class action alleges Pump.fun operated an unlicensed gambling platform, estimating billions in user losses with Solana-linked entities.
After months of waiting, FTX customers finally have a payout date in sight. A Delaware bankruptcy court has greenlit the release of $1.9 billion in reserves, paving the way for a new wave of customer distributions. The record date is locked for August 15, with payouts potentially rolling out by September 30, 2025. But it’s …
The former crypto giant used to be a mainstay in the digital asset ecosystem till a CoinDesk expose in 2022 resulted in the downfall of Sam Bankman-Fried's empire.
On July 23, BlackRock’s spot ETFs made major purchases, acquiring 1,190 Bitcoin (BTC) and 86,650 Ethereum (ETH). This move highlights strong institutional confidence in leading cryptocurrencies amid active market conditions. The increased holdings reflect growing investor demand for exposure to digital assets through reputable ETF products. BlackRock’s continued investment emphasises its influential role in driving …
The Ethereum validator exit queue is at its longest in nearly two years as $2.3 billion worth of Ether now awaits unstaking. Is it profit taking or repositioning?
XRP is currently showing signs of weakness after its recent rally, and technical signals show that the token could be preparing for a deeper pullback. While the price remains above important support levels, chart patterns and broader market conditions are flashing early warning signs. Bearish Divergence on the Weekly Chart On the weekly timeframe, a …
The CRA, a key instrument used to bundle future cash flows from Brazil’s agricultural sector was recorded on-chain using the XRPL and its Ethereum-compatible EVM sidechain.
Bitcoin’s recent price action reflects a consolidation phase rather than a decisive move in either direction. After briefly touching an all-time high of over $123,000 earlier this month, BTC has seen a gradual pullback, currently trading around $118,000 at the time of writing. This represents a 1.1% drop in the last 24 hours and a 3.9% decline from its peak, as traders evaluate whether the current market structure suggests a continuation or a correction. According to new insights from CryptoQuant contributors, indicators present a split narrative. Some metrics suggest rising optimism among traders, while others indicate a more cautious and holding-focused environment. Related Reading: Trump Shares Viral Bitcoin Breakdown — Here’s What He Posted Surge in Long Positions Raises Contrarian Concerns CryptoQuant contributor BorisVest highlighted a notable spike in the long/short sentiment ratio on Binance, showing a growing preference among traders for long positions. This metric, which tracks the volume of long versus short positions on the exchange, has tilted significantly bullish within the $116,000–$120,000 price range. He noted that during Bitcoin’s previous consolidation between $100,000 and $110,000, sentiment leaned toward short positions, a setup that preceded a breakout to the upside and a wave of short liquidations. This time, however, the environment has flipped. BorisVest explained: Now that sentiment is skewed heavily toward longs, the same principle could apply in reverse. When the majority positions in one direction, it often creates a setup for the opposite move. The current range is acting as a trap zone, where traders’ expectations are repeatedly tested. The historical tendency for sentiment extremes to precede contrary price action has prompted some analysts to advise caution, suggesting that growing bullish bias could lead to a temporary reversal if met with enough liquidity pressure. Bitcoin Exchange Flow Patterns Reflect Investor Patience While Binance sentiment data leans bullish, another key on-chain indicator paints a different picture. CryptoQuant analyst Arab Chain examined the Bitcoin Flow Pulse (IFP) indicator, which tracks BTC movements to centralized exchanges. Related Reading: Bitcoin Must Defend This Key Support For $180,000 Year-End Target, Analyst Says According to the data, despite Bitcoin’s recent high above $120,000, there has not been a corresponding spike in exchange inflows, suggesting that investors are not rushing to take profits or exit the market. This behavior contrasts with historical cycles in 2017 and 2021, where price peaks were accompanied by large exchange inflows and followed by corrections. Arab Chain wrote: The market now shows a consolidating trend, with reduced selling pressure. The low flow to exchanges indicates confidence among holders and suggests that many participants are expecting the uptrend to continue. Still, he cautioned that a shift in the IFP indicator, such as a sudden rise in exchange flows, could act as an early warning for increased supply pressure. Featured image created with DALL-E, Chart from TradingView
The US Ninth Circuit Court of Appeals has reversed Yuga Labs’ $9 million reward in its trademark infringement suit against artist Ryder Ripps.
Solana has activated the SIMD-0256 proposal, raising the network’s block limit to 60 million Compute Units (CU) on the mainnet. Compute Units, comparable to Ethereum’s Gas, determine block processing capacity. This upgrade is designed to support higher transaction throughput and more complex applications. Developers anticipate further expansion, with block space possibly growing to 100 million …
Ripple CEO Brad Garlinghouse has warned XRP investors about a surge in scams exploiting the cryptocurrency’s all-time high. Fraudsters are using deepfake videos of Ripple executives and fake YouTube accounts to promote fraudulent XRP giveaways, deceiving victims into sending XRP with no returns. Ripple urges users to beware and report suspicious content, emphasizing that no …