Bitcoin (BTC) remains boxed between $105,000 and $125,000, but a breakout could prompt prices toward $141,000, according to Glassnode’s July 29 report.
The Short‑Term Holder (STH) cost basis, a key pivot between bullish and bearish local regimes, sits near $105,400. This metric is key to defining BTC’s subsequent movements.
Price has repeatedly met resistance around the STH +1 band at nearly $125...
Ethereum ETFs experienced a record inflow streak last week, adding a net $2.31 billion ovst seven trading sessions between July 18 and July 28. Five of those days saw net inflows exceed $230 million, with the largest single-day inflow of $533.8 million recorded on July 22.
This surge in inflows has dwarfed previous weeks and increased the post-launch average, which had been suppressed for months...
Teucrium 2x Long Daily XRP ETF (XXRP) reached $323.6 million in net flows this week, being the first XRP exchange-traded fund (ETF) traded in the US to surpass the $300 million threshold.
According to VettaFi’s data, XXRP now represents 52.5% of the total $616 million in net flows registered by US-traded XRP ETFs.
Notably, all exchange-traded products (ETPs) tied to XRP in the US are pegged to...
Strategy closed a $2.521 billion initial public offering of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) and immediately used the proceeds to expand its Bitcoin (BTC) reserve.
The company said it purchased 21,021 BTC at an average $117,256 apiece, lifting holdings to about 628,791 BTC as of July 29. The aggregate cost basis now stands near $46.8 billion, about $73,227 per...
SharpLink has generated approximately $3 million in rewards from staking its 438,190 Ethereum holdings, according to a company update released on July 29.
According to the firm, it has leveraged staking rewards and equity issuance to expand its ETH treasury during the past week. To date, the company has earned 722 ETH, worth around $2.7 million, through staking activities alone.
Last week, the...
Bitcoin investment firm Twenty One Capital is set to receive 5,800 BTC from stablecoin issuer Tether as it prepares for its upcoming public listing, according to a July 29 statement.
This inflow would bring the firm’s total Bitcoin holdings to over 43,500 BTC, making it the third-largest corporate holder globally. It would rank just behind Marathon Digital and Strategy (formerly MicroStrategy)....
Linea, a Layer-2 network built on Ethereum, has introduced a comprehensive roadmap to strengthen its integration with the Ethereum ecosystem, according to a July 29 statement shared with CryptoSlate.
At the heart of the plan is a new ETH-native staking system that enables bridged ETH to earn yield directly from Ethereum’s mainnet validators. This will be made possible through a native bridge,...
The Hong Kong Monetary Authority (HKMA) has invited stablecoin issuers to begin applying for licenses as the city’s stablecoin regulations are enacted in August.
In a statement released on July 29, the HKMA said interested firms can submit preliminary applications by Aug. 31.
This early stage is designed to help applicants understand regulatory expectations and receive feedback before formal...
Ethereum’s recent rally against Bitcoin appears to be gaining further strength, with derivatives data signaling a notable change in market sentiment.
On July 29, blockchain analytics firm Glassnode revealed that Ethereum’s share of open interest in the perpetual market has climbed to nearly 40%.
This marks the highest level recorded since April 2023. Historically, only a small fraction of trading...
Algeria has imposed a sweeping ban on all crypto activities, officially criminalizing the use, possession, trading, mining, and promotion of digital assets such as Bitcoin.
The measure, enacted through a legislative amendment passed on July 24 and reported by local outlet Fibladi on July 28, marks one of the harshest crypto crackdowns in Africa.
According to a Chainalysis report, Algeria ranked...