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Justin Sun, founder of the Tron blockchain, has set an ambitious goal for Tron Inc. to join the Nasdaq 100 index within the next three years.
In a July 25 post on X (formerly Twitter), Sun revealed that Tron Inc. is actively working toward qualifying for inclusion in the tech-heavy index, which features companies like Apple, Google, and Nvidia.
According to him:
“The Nasdaq [listing] is just the...
Bitcoin has fallen sharply over the past 24 hours, dipping nearly 3% to around $115,376, its lowest point in two weeks.
According to CryptoSlate’s data, the decline follows a recent peak of around $119,291 on July 24, wiping out close to $4,000 in value during the past day.
The sudden drop is likely tied to large Bitcoin holders taking generational profits.
Blockchain analysis platform...
Ethereum exchange-traded funds (ETFs) are recording a remarkable surge in investor interest, consistently outperforming their Bitcoin counterparts throughout the past week.
SoSo Value data shows that spot ETH ETFs attracted $231.23 million in new capital on July 24, edging past the $226.61 million net inflows recorded by spot Bitcoin ETFs.
When the timeline is extended to the past six trading...
Galaxy Digital wallets have routed over 17,000 BTC to major exchanges within the past 24 hours, according to data from Arkham Intelligence.
The transactions, totaling more than $1.7 billion at current prices, involved deposits to Binance, OKX, Bybit, and Bitstamp, following a wave of internal transfers from the firm’s primary custodian address.
Between July 15 and 17, Galaxy Digital’s Bitcoin...
Bitcoin’s drawdown to $115,300 punished the aggressive long leverage piled up in the market. BTC dropped from $117,786 at yesterday’s open to $115,353 in the early hours today, a 2.1 % slide that masked a deeper intraday swing of about $4,350 between high and low. That modest slip lit a fire under derivatives books stuffed with optimistic bets.
Liquidation data from CoinGlass showed $646.5 ...
WOO X suffered an authorized breach on July 24, resulting in the theft of roughly $14 million in crypto.
The exchange said it is investigating the “contained incident” and revealed that the breach resulted in unauthorized withdrawals from nine user accounts. The exchange has paused withdrawals as a precaution.
It added in its statement that it has already contacted the affected users and intends...
A coalition of crypto, fintech, and retail trade groups has urged President Donald Trump to take a firm stance in defending the nation’s open banking framework, warning that legal challenges by major banks threaten consumer data rights and could derail the administration’s innovation agenda.
In a July 23 letter, the Financial Technology Association, Blockchain Association, Crypto Council for...
A growing majority of Gen Z crypto traders are turning to artificial intelligence (AI) to guide their strategies and it’s making them less prone to panic selling.
According to a July 24 report from MEXC Research, which analyzed over 780,000 Gen Z trading accounts in the second quarter, found that 67% of users aged 18 to 27 had deployed at least one AI-powered bot or strategy in the past 90 days....
Ethereum is gaining momentum against Bitcoin, with the ETH/BTC ratio jumping over 40% in the past month, from roughly 0.022 on June 23 to about 0.031, according to data from CryptoRank.
This growth is due to increased institutional activity and robust inflows into Ethereum-focused exchange-traded funds (ETFs). Notably, Ethereum ETFs have attracted $4.4 billion in fresh capital this month,...
The TON Foundation and Kingsway Capital Partners are seeking to raise at least $400 million for a crypto treasury company that would hold Toncoin, according to a Bloomberg News report citing people familiar with the matter.
The planned vehicle would use a private investment in public equity (PIPE) structure, in which a publicly traded company sells shares to a group of investors, one of the...