Bitcoin Price Capped At $117K, Will Altcoins Rally?
Key points:Bitcoin faced significant resistance at $117,500, indicating that the bears are unlikely to give up easily.Several major altcoins tried to break above their overhead resistance levels, but the bears held their ground, signaling…
FTX Recovery Trust Unlocks $1.6B for Creditors This Month
The FTX Recovery Trust, the entity overseeing the distribution of funds from the bankrupt crypto exchange, announced a third tranche of distributions to creditors, worth about $1.6 billion. According to a Friday announcement, the…
PayPal’s PYUSD is about to break free from banks – Here’s how!
Key takeaways
What’s changing with PayPal’s stablecoin?
PYUSD is going cross-chain, allowing it to move across nine additional blockchains without needing traditional banking rails.
Why does it matter?
The upgrade makes PYUSD more…
US Treasury Opens For Public Comments For Implementation Of GENIUS Act
The US Department of the Treasury on Thursday opened a second period of public comment on the implementation of the GENIUS Act, legislation aimed at regulating stablecoin payments in the US that was signed into law by US President Donald…
Nasdaq Firm Targets $500M SOL Reserve As Corporate Crypto Treasuries Boom
Corporate cryptocurrency treasuries continued their growth trajectory this week, as publicly listed US companies continued announcing plans to raise hundreds of millions for altcoin treasury reserves.On Monday, Nasdaq-listed Helius Medical…
Optimism Schedules Superchain 16a Upgrade; Dev-Friendly Toggles, No User Impact Expected
The Ethereum layer two (L2), Optimism, plans to roll out its Sepolia Superchain Upgrade 16a to testnet on Sept. 22 and mainnet on Oct. 2, pending governance approval, tightening safety screws without touching end users. Optimism Superchain…
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Ethereum Foundation Sells ETH: Is The Top Coming Soon!?
Nothing shakes faith in a crypto project faster than seeing insiders unload their own tokens. Prices dip, trust evaporates, and suddenly the long-term vision that you invested in feels like smoke and mirrors.
Well, that’s exactly what’s…
Bitcoin leads rally amid Fed rate cut hopes, major ETFs boost crypto outlook
Bitcoin rallies over 4%, fueled by hopes of…
680,000,000 DOGE Offloaded in 4 Days: What Are Whales Signaling?
TL;DR
Whales offloaded 680M DOGE, raising questions about short-term price direction and profit-taking.
DOGE’s RSI sits at a key support level, which may offer price stability or a bounce.
CleanCore boosts holdings to 600M…