Internet Computer loses ground as high-volume liquidation hits $5.83 support.
The Solana-based memecoin weathered an 8% intraday swing amid a Galaxy Digital transfer and Binance reclassification.
The spot bitcoin funds on Monday saw outflows of $131 million as speculative interest turned in a big way to altcoins.
U.K.-based crypto asset firms also face a high risk of being targeted by North Korean hackers, many of which operate on behalf of sanctioned entities, the report said.
Token faces sustained bearish pressure with extreme volatility in final trading hour amid broader market uncertainty.
American users of popular messaging app Telegram can now access the native crypto wallet app that launched elsewhere in 2023.
Citadel Securities is urging the SEC to treat tokenized equities the same as their more traditional counterparts.
The REX-Osprey Solana Staking ETF (SSK) has crossed $100 million in assets under management (AUM), just 12 trading days after its July 2 launch, according to a July 22 statement. Greg King, founder of REX Shares, highlighted the speed of this growth as a testament to rising investor appetite for innovative crypto exposure through regulated […]
The post Solana ETF skyrockets to $100 million AUM in just 12 days appeared first on CryptoSlate.
Crypto exchange Kraken will custody and manage BNB assets for Windtree Therapeutics' crypto treasury plan tied to Binance Chain.
Bitcoin price consolidation after a powerful rally to record highs is normal. Will the current bull pennant confirm and send BTC beyond $136,000?
Fewer than 1 million people on Earth hold a full Bitcoin. That’s less than 0.02% of the global population and even fewer in crypto.
PancakeSwap Infinity, the latest version of the DEX, has launched on Coinbase’s Base network as its TVL and DEX activity hit all-time highs.
Solana could be on track for a massive 323% rally this altcoin season, according to a new technical analysis by crypto strategist Quantum Ascend, who projects a potential peak around $830 based on market cap extensions and Elliott Wave structures. In a detailed July 22 breakdown, the analyst argues that most retail traders continue to overlook the impact of inflation and token supply dynamics—factors that significantly affect price projections. Solana To $1,000 Is Not Realistic Thus Cycle “Looking at the market cap chart, it’s up almost 216,000%, while the price chart is only up 18,000%. So what this tells us is, there’s some kind of inflationary pressure on the asset,” Quantum Ascend said. “You have to use the market cap chart in order to measure the price.” Using Elliott Wave Theory, the analyst identified Solana as currently operating within a macro third wave—arguably the strongest phase of a five-wave impulse sequence. According to his count, Solana completed its first and second macro waves during previous market cycles and is now accelerating through the early stages of wave three, a move that could culminate in a parabolic rally. Related Reading: Solana Near Last Major Resistance Amid 10% Surge – Analyst Says ‘Real Bull Run’ Is Close “Right now, what we’re working on is this macro wave three,” he explained. “The bear market will be macro four, and then we’ll have another wave at some point well into the future.” To support this thesis, Quantum Ascend pulled Fibonacci extensions from Solana’s historical price structures. He pointed to confluence between the 2.618 extension of the most recent accumulation range and the 3.618 extension of a broader range, both of which intersect near a $300 billion market cap. However, he views this zone as a mid-cycle checkpoint rather than a terminal target. His conservative scenario puts Solana at a $620 price tag, representing a 217% move from current levels. But his primary projection suggests a 323% rally, translating to an $830 top based on market cap behavior and structural alignment. He cautioned that simply targeting round numbers like $1,000 can mislead traders, especially when inflation-adjusted market cap analysis tells a different story. “If I pull those same extensions here for Solana [on the price chart], because of the inflation, you’d be looking for $1,000, which is a nice round number and something that retail would love to hear,” he said. “But the market cap chart shows it’s topping that same extensions only at $830.” Related Reading: Solana (SOL) Set For Price Run To $2,700 — But This Condition Must Hold The discrepancy arises from Solana’s token inflation. As new tokens enter circulation, they dilute the impact of price movements. This is why, Quantum Ascend insists, market cap projections provide a more accurate view of potential upside. “There’s not enough people paying attention to market cap. You have to do it,” he emphasized. In his final breakdown, the analyst laid out both price zones. “We have $620 as our conservative, $830 as our primary here for Solana,” he concluded. While some viewers may find the upper bound modest compared to speculative retail targets, he stressed the importance of realism over hype. “We’re trying to make sure that we’re not buying into any crazy narratives or anything and we’re not leaving anything on the table and we’re not round tripping our bags.” At press time, SOL traded at $195. Featured image created with DALL.E, chart from TradingView.com
The closure of the investigation may bolster Powell's reputation and influence Kraken's regulatory perception positively.
The post FBI ends probe into Kraken founder Jesse Powell over alleged hacking of nonprofit accounts appeared first on Crypto Briefing.
The Pi Network community is buzzing with excitement after rumors surfaced on X that Pi might be getting listed on Binance. There are signs pointing to a possible listing, but no official confirmation has been made yet. Seems #Binance listing for $Pi is coming.Coreteam has been cooking.Pi Network will be the most used and widely …
Telegram rolls out TON Wallet to US users, enabling self-custodial crypto transactions, DeFi access and off-ramp features within the app.
The partnership aims to bring crypto trading to PNC clients and banking support to Coinbase, the companies said.
The new self-custodial feature will enable millions of users to send and manage crypto directly within the app.
Ethereum validators are experiencing the longest wait times in over a year to withdraw their staked ETH, as growing demand for staking collides with the network’s built-in exit limitations. According to data from ValidatorQueue.com, validators seeking to exit the Ethereum network must now wait approximately 8 days and 6 hours to complete the process, marking […]
The post Ethereum validator exit queue hits 8-day wait amid ETH staking surge appeared first on CryptoSlate.
SharpLink bought 79,949 ETH — its largest such purchase — to reclaim its status as the world’s largest public ETH holder.
Western Union is exploring stablecoin integration for cross-border transfers, conversions and digital wallets, positioning it as an innovation opportunity.
The company CEO called the stock undervalued, with an "underappreciated" bitcoin business and little to no value being applied to the firm's high-performance computing potential.
BITF is down 55% over the past year as crypto miners continue to recover profitability from the fourth Bitcoin halving in April 2024.
Strategy (previously MicroStrategy), the world’s largest corporate holder of Bitcoin (BTC), announced on Monday that it had acquired an additional 6,220 BTC during the week spanning July 14 to July 20. This latest purchase brings the company’s total Bitcoin holdings to an impressive 607,770 tokens, acquired at an aggregate cost of approximately $43.61 billion, averaging $71,756 per Bitcoin. Strategy Stock Slumps Despite GENIUS Act Approval This announcement coincided with a breakthrough in the regulatory landscape for cryptocurrencies, as the GENIUS Act successfully cleared the House and received final approval from President Donald Trump on Friday. The new stablecoin legislation establishes federal guidelines for stablecoins. The passage of the GENIUS Act has provided a boost to cryptocurrency exchanges like Coinbase Global (COIN) and Robinhood Markets (HOOD), which saw their stock prices rise by 2.2% and 4.1%, respectively, following the news. Related Reading: Dogecoin Price Breaks Above $0.26 In Weekend Rally As Pundit Predicts 2,600% Surge Despite the favorable regulatory environment, Strategy’s stock did not experience a similar surge. Instead, it fell by 7.2% over the course of Thursday and Friday, marking the company’s worst two-day performance since late May. This decline mirrored the overall dip in Bitcoin prices, which had recently retreated toward the $117,000 zone from record highs above $123,000 earlier in the past week. Saylor Defends Bitcoin Strategy Reports note that the stock’s performance may have been impacted by a bearish research note from Gus Gala, an analyst at Monness, Crespi, Hardt, who reiterated a Sell rating on Strategy shares with a target price of $200. Notably, Gala is the only analyst among 17 surveyed by FactSet to rate the Strategy’s stock as a Sell, which could contribute to investor caution. Amid these fluctuations, Strategy’s Chairman Michael Saylor remains a vocal advocate for the company’s Bitcoin strategy. In a recent post on social media site X (formerly Twitter), he encouraged followers to “Stay Humble. Stack Sats,” referring to Satoshis, the smallest unit of Bitcoin, emphasizing a long-term commitment to accumulating the cryptocurrency. Related Reading: Hold On For Dear Life: This Bullish Bitcoin Metric Just Touched A 15-Year High As the market continues to adapt to shifting regulations, crypto supporters are eagerly awaiting the next legislative development: the CLARITY Act. This bill, which passed the House with a vote of 294-134, aims to create a clearer regulatory framework for digital assets by distinguishing between securities and commodities and delineating oversight responsibilities among various federal agencies. When writing, the market’s leading cryptocurrency trades at $117,500, recording a 14% price surge in the monthly time frame, and nearly 74% year-to-date. With the recent price correction, the Bitcoin price is now 4% below its current all-time high achieved during last week’s rally. Featured image from DALL-E, chart from TradingView.com
The integration of TON Wallet into Telegram could significantly boost DeFi adoption by simplifying access to digital assets for everyday users.
The post Telegram’s crypto wallet launches in the US with built-in staking, swaps, and zero-fee on-ramps appeared first on Crypto Briefing.
South Korea is taking big steps to catch up with the changing crypto world. After the United States passed the new GENIUS Act, the law aims to make clearer and safer rules for digital currencies. South Korea’s ruling party doesn’t want to be left behind. They have just announced plans to fast-track fresh laws covering …
Pump.fun whales have sent over $160 million in tokens to exchanges as PUMP drops below its ICO price, triggering fears of a broader memecoin market correction.
Bitcoin can still surpass all-time highs, but doubts surface over how quickly bulls can get past the latest sub-$120,000 consolidation phase.
The ether treasury company said it bought nearly 80,000 ETH over the last week as Joseph Lubin praised the GENIUS Act as a watershed moment for regulatory clarity.
Michael Saylor’s Strategy continues to lead the corporate Bitcoin race, now holding the title of the world’s largest publicly listed Bitcoin holder. Despite ongoing debate, its stock trades at a significant premium over its Bitcoin net asset value (NAV), and analysts say it’s justified. TD Cowen Backs the Premium In a recent interview with The …