Solana Staking Eats into Free Supply as Whales Move In
TL;DR Solana staking has reached record levels, significantly reducing the free supply of SOL. Whales have withdrawn large amounts of SOL from exchanges for staking. Liquid staking on…
Cryptocurrencies
Bitcoin: Strong Volatility Ahead of the U.S. Elections?
TL;DR Bitcoin could experience high volatility ahead of the U.S. elections, with a potential rally on the horizon, according to QCP Capital. Recent statements…
Bitcoin Reaccumulation Signals Potential Surge to $100,000
TL;DR Bitcoin Reaccumulation: Crypto analyst Lark Davis warns of strong reaccumulation signals in Bitcoin’s price charts, suggesting a potential breakout. Altcoin Opportunities: Davis highlights…
WazirX Halts Trading After $235 Million Hack by North Korean Group
TL;DR WazirX has temporarily halted deposits, withdrawals and trading for all users. The platform warns against scammers impersonating WazirX through fake emails. WazirX is…
KAMA Meme Coin Surges to Record High as Biden Exits Presidential Race
TL;DR The Kamala Harris-inspired meme coin KAMA hit an all-time high following Joe Biden’s withdrawal from the presidential race. KAMA now has a market…
Tether Advocates for Decentralized Tech After Global IT Outage
TL;DR Global outage in centralized technology: A global outage on July 19, caused by a technical issue with CrowdStrike software, revealed weaknesses in centralized…
Bitrue Ventures Launches $40 Million Fund to Boost Web3 Startups
TL;DR Bitrue Ventures has opened a $40 million investment fund to support startups in the Web3 space. Selected projects can receive up to $200,000…
Solana Will Reach $175 by the End of July, According to Analyst
TL;DR An analyst has forecasted that Solana (SOL) could reach $175 before the end of July, based on bullish technical patterns. Ali Martinez identified…
Bitget Strengthens its Dominance in the Crypto Market With 38.4% Growth
TL;DR Bitget has experienced a 38.4% increase in its market share, surpassing Crypto.com and Bybit in growth. The exchange’s success is attributed to its…
The SEC Opens Debate on Staking in Cryptocurrency ETFs: Impact and Perspectives
TL;DR Hester Peirce from the SEC has proposed reconsidering staking and in-kind redemption in cryptocurrency ETFs, sparking debates on regulatory flexibility. Peirce suggests that…
Polymarket Records Record Trade Volumes Ahead of US Election
TL;DR Polymarket’s Trade Volumes: In July, Polymarket achieved record trade volumes, surpassing $116.4 million, driven by anticipation around the upcoming US presidential election. This…