Bitcoin is showing signs of a potential major rally, repeating patterns seen earlier this year. While demand zones near $110K–$112K continue to hold strong, resistance around $123K is shaping the path for the next big move. Adding to the bullish story, South Korea’s Bitplanet has made a $40 million Bitcoin treasury investment, highlighting growing institutional … Read more
DeFi Dev Corp has recently made headlines by significantly increasing its Solana (SOL) holdings. The $77 million purchase comes at a time when the broader crypto market is seeing a slowdown, yet SOL still experienced a noticeable price boost. Key Takeaways DeFi Dev Corp bought 407,247 SOL for $77M, taking total holdings to 1.83 million … Read more
Bitcoin (BTC) is attempting to rebound after dipping below $108,800 earlier this week. The price has climbed back to around $112,800, but on-chain data indicates that resistance near $113,600 could slow further gains. Why Bitcoin May Struggle Around $113.6K On-chain metrics from Glassnode reveal that investors who purchased BTC in the past three months paid, … Read more
Cathie Wood’s Ark Invest is showing strong confidence in Bitmine Technologies (BMNR), even as the stock dips. On August 27, Ark Invest purchased 339,113 BMNR shares worth $15.6 million across three of its ETFs, despite a 7.85% drop in price. This move highlights growing faith in Tom Lee’s aggressive Ethereum (ETH) acquisition strategy. Ark Invest … Read more
Solana (SOL) is leading the altcoin rally this week as its new consensus upgrade, Alpenglow, enters the community voting phase. Despite a generally quiet crypto market, SOL has climbed 3% to $211, with trading volumes jumping 43% and retail sentiment hitting an 11-week high. What Is the Alpenglow Upgrade? Alpenglow, developed by Anza, a Solana … Read more
South Korea is stepping into the world of institutional Bitcoin investment. Bitplanet, a newly rebranded company, has announced plans to create the nation’s first corporate Bitcoin treasury, backed by $40 million in fresh capital. This move marks a significant milestone for cryptocurrency adoption among South Korea’s businesses. Bitplanet’s Vision: Institutional-Grade Bitcoin Management At the Bitcoin … Read more
The debate over U.S. interest rates has heated up again. John Williams, President of the New York Federal Reserve and a voting member of the FOMC, hinted that he might support a rate cut in September if economic conditions align. His comments follow Jerome Powell’s recent remarks at Jackson Hole, which also opened the door … Read more
Solana (SOL) is once again the talk of the crypto market. While Bitcoin and Ethereum remain strong, Solana has taken the spotlight with an impressive price surge that has pushed it past the $200 mark. Investors are now asking: what’s fueling this sudden rally? Key Takeaways Solana price surged 10% in 24 hours, crossing $200. … Read more
The XRP Ledger (XRPL) has landed a major partnership that could reshape international trade. China’s leading supply chain fintech company, Linklogis, has chosen XRPL to build its global supply chain finance platform. This move not only boosts Ripple’s footprint in Asia but also signals a new era for blockchain adoption in real-world trade. Why Linklogis … Read more
Excitement is building around Pi Network as it moves closer to its open-source launch. Recently, a winner from the Pi Network Hackathon hinted that the cryptocurrency could soon appear on Coinbase, sparking fresh speculation about the coin’s global adoption. Coinbase Listing Rumors Heat Up Pi Barter Mall, a winner of the 2021 Pi Network Hackathon, … Read more