Institutions and Big Banks Dominating Crypto Narratives, While Cypherpunk Ethos Retreats
Traditional financial institutions are increasingly shaping the narratives in the crypto sector, and are poised to benefit the most from the current trends, according to Arthur Azizov, founder of B2 Ventures, a private “alliance” of crypto…
Dogecoin Liquidation Map Highlights This Zone as Must-Watch Target
TL;DR
Dogecoin liquidation cluster forms near $0.208, creating a key price target for upcoming market moves.
Weekly ascending broadening wedge suggests the next swing could reach $1.40 if support continues to hold.
An…
How Bhutan’s $59M Bitcoin transfer sparked market fears!
Key takeaways
Bitcoin’s derivatives market is showing signs of stress as funding rates drop sharply due to unwinding leveraged longs. Meanwhile, speculation around Bhutan potentially selling part of its $1.2 billion BTC stash is…
Block Surges 10% Pre-Market As Jack Dorsey’s Firm Extends Saylorization Trend
Jack Dorsey’s Block saw its XYZ stock surge on Friday in pre-market trading following reports that the firm added more Bitcoin (BTC) to its stockpile in the second quarter (Q2).
Block is one of the firms accelerating the Saylorization…
SEC Staff Guidance on Liquid Staking Leaves Regulatory Questions
The US Securities and Exchange Commission’s latest comments on liquid staking have sparked a mix of optimism and concern, highlighting the regulatory gray area surrounding one of crypto’s fastest-growing sectors. While some in the industry…
Base Incident Report Reveals Infrastructure Weakness Behind Outage
Base has confirmed it experienced a 33-minute disruption on August 5, halting block production on its mainnet. The disruption occurred when Base’s active sequencer fell behind due to high onchain activity. Details of the 33-Minute…
Crypto is PUMPING! What The Whales Know That You DONT!
Why is crypto rallying is another one the most frequently searched question in this industry. Believe it or not, but the reason why crypto rallies tends to be the same regardless of crypto in question.
In the short term, the primary…
Brazil’s $17B Bitcoin Reserve plans: ‘Historic’ or ‘inappropriate?’
Key Takeaways
Brazil is considering a bill to allocate $17 billion of its reserves into Bitcoin, with a public hearing on the 20th of August. If approved, it would make Brazil the world’s largest sovereign holder of BTC.
Brazil…
Altseason or Another False Start? Experts Split on Altcoin Market’s Next Move
Many experts have predicted the return of a long-awaited altcoin season. A declining share of Bitcoin dominance and sporadic outperformance in select altcoins have pointed to a subtle rotation into smaller, higher-risk…
China To Permit Launch of Yuan Stablecoin to Rival U.S.
China is set to approve the development of the first Yuan stablecoin for internal and external use. According to a report by the Financial Times, China has continued to use Hong Kong as its testbed for cryptocurrency and blockchain…