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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...
Strategy intends to expand its new preferred equity offering to $2 billion from $500 million, Bloomberg News reported on July 24.
The upsized deal comes as the Michael Saylor-led firm leans further into purchasing additional Bitcoin (BTC) amid a powerful, ETF-driven market rally to new all-time highs. The company has created multiple share classes to fuel its BTC accumulation.
The Series A...
BitMine Immersion Technologies (BMNR) has strengthened its position as Ethereum’s largest publicly traded holder, with its total ETH portfolio now valued at over $2 billion.
In a disclosure on July 24, the company announced that it currently holds 566,776 ETH, acquired at an average price of $3,643 per token.
BitMine’s ETH stash now exceeds the combined holdings of the Ethereum Foundation, the...
Ethena Labs has partnered with Anchorage Digital to launch a fully regulated version of its USDtb stablecoin within the United States, aligning with the newly enacted GENIUS Act, according to a July 24 statement.
The collaboration marks a major milestone for Ethena as it transitions USDtb’s issuance to a domestically regulated GENIUS Act framework that US President Donald Trump recently signed...
July 24, 2025 – Geneva, Switzerland – TRON DAO, a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps, announced today the official deployment of $TRUMP on the TRON blockchain. The token expansion is enabled by LayerZero’s Omnichain Fungible Token (OFT) standard and Stargate Finance’s user interface and liquidity transport...