News

FaZe Banks Resigns as CEO of FaZe Clan Amid MLG Crypto Controversy

On July 29, FaZe Banks resigned as CEO of FaZe Clan amid backlash over the launch of meme coin MLG Crypto. He faced accusations of crypto scam...

ATOM Drops 4.51% as Market Faces Continued Bearish Pressure

Technical Analysis Overview ATOM decreased by 4.51% over 24 hours, from $4.88 to $4.66. Cosmos ecosystem surpassed 100 live chains on...

CoinDCX CEO Denies Rumors of Acquisition by Coinbase

Sumit Gupta, CEO of CoinDCX, denied rumors of a potential buyout by Coinbase. He stated, "Ignore the rumours," emphasizing CoinDCX's focus on...

Hong Kong Monetary Authority Issues Stablecoin Licensing Guidelines

The Hong Kong Monetary Authority (HKMA) issued guidelines for stablecoin issuers to meet its new licensing requirements. Guidelines address money...

Polkadot's DOT Price Drops Over 3% Amid Market Decline

Polkadot's DOT declined over 3% in the last 24 hours, falling from $4.09 to $3.96. The broader crypto market also experienced a downturn, with...

MCP Protocol Emerges as Key Framework for Decentralized AI Integration

The Model Context Protocol (MCP), originating as a project at Anthropic, has evolved into a key standard for coordinating intelligent interactions...

Binance Introduces Discount Buy Feature for Targeted Asset Purchases

Binance has launched a new feature called Discount Buy, allowing investors to set purchase prices below current market rates. Key points...

JPMorgan Doubles Robinhood Price Target to $98 Citing Crypto Expansion

JPMorgan has raised its 2026 price target for Robinhood (HOOD) to $98 from $47, highlighting new product launches and the acquisition of European...

Crypto Market Enters Reassessment Phase with Signs of Potential Bounce

Glassnode's weekly report indicates that Bitcoin's rally entered a "reassessment phase" after reaching its all-time high on July 14. Key points...

ETH Treasury Competition Intensifies as SharpLink Buys Additional 77,210 ETH

Ether (ETH) is currently priced above $3,800 as corporate competition for ETH treasuries escalates. Key developments include: SharpLink Gaming...

180 Life Sciences Rebrands as ETHZilla After Securing $425 Million Funding

180 Life Sciences (ATNF) will rebrand as ETHZilla following a $425 million funding round aimed at developing an ether-focused treasury strategy. Key...

SharpLink Gaming Increases Ether Holdings to 438,190 Tokens Worth $1.68 Billion

SharpLink Gaming (SBET), led by Ethereum co-founder Joseph Lubin, reported an increase in its ether (ETH) holdings to 438,190 tokens, valued at...

Bakkt Sells Loyalty Services for $11 Million, Plans $75 Million Equity Raise

Bakkt Holdings Inc. sold its loyalty services for $11 million to Project Labrador Holdco, refocusing on becoming a crypto infrastructure provider....

Dogecoin Price Drops 5.46% as Whales Accumulate 130 Million DOGE

Dogecoin (DOGE) has seen a decline of 5.46% in the past 24 hours and over 14% in the past week, currently trading at $0.2283, nearly 69% below...

CoinDesk 20 Index Rises 0.5% as XLM Gains 2.1%

The CoinDesk 20 Index reports the following market update: Current value: 4023.35, up 0.5% (+19.79) since Monday 4 p.m. ET Eleven out of 20...

MARA Holdings Completes $950 Million Offering to Purchase Additional Bitcoin

MARA Holdings (MARA) has completed a $950 million offering of 0.00% convertible senior notes due 2032, with plans to use most proceeds for bitcoin...

BitMine Immersion Technologies Launches Up to $1 Billion Share Buyback Program

BitMine Immersion Technologies (BMNR) announced a buyback program to repurchase up to $1 billion of its outstanding shares. Key details include: ...

Coinbase Partnership with Circle Estimated to Generate $60 Billion Value

JPMorgan's report highlights the financial benefits of Coinbase’s partnership with Circle and its exposure to the USDC stablecoin: The estimated...

Cathie Wood’s Ark Invest Acquires $20 Million in Bitmine Technologies Shares

Cathie Wood's Ark Invest purchased $20 million worth of Bitmine Technologies (NYSE: BMNR) shares on July 28, acquiring 572,853 shares despite a 12%...

ECB Warns U.S. Dollar Stablecoins May Undermine EU Monetary Control

Widespread adoption of U.S. dollar-denominated stablecoins in the EU may undermine the European Central Bank's (ECB) control over monetary policy,...

Bitcoin's Bollinger Bands Tighten to Levels Last Seen in February

Daily Analysis of Top Tokens with CME Futures Bitcoin: Bollinger Bands Tighten BTC is consolidating between $116,000 and $120,000. Bollinger...

Linea Introduces ETH Burn Mechanism and Staking in 2025 Upgrade

Linea, an Ethereum layer-2 network by Consensys, announced upgrades to strengthen its integration with Ethereum. Key updates include: ETH-native...

OMNI Token Surges Over 130% Following Upbit Listing Announcement

Omni Network's native token, OMNI, has surged over 130% in the past 24 hours, trading at approximately $6.39 with a market cap of $219 million. This...

DeFi Development Increases Solana Holdings to $218 Million

DeFi Development (DFDV) increased its holdings of Solana (SOL) to approximately 1.18 million tokens, valued at around $218 million. Acquired...

Corporate Treasuries Hold 1% of Ether Supply, Targeting 10% Ownership

Corporate treasury participation in ether has increased, with institutions now holding 1% of its circulating supply, as reported by Standard...

ARK Invest Acquires $18.6 Million in BitMine Immersion Technologies Shares

ARK Invest acquired $18.6 million in shares of BitMine Immersion Technologies (BMNR), purchasing 529,366 shares for its ARKK and ARKW ETFs. BMNR's...

Bitcoin Stays Flat as Dormant Whale Wallets Reactivate

Bitcoin's recent bounce from $117,500 stalled near $119,200 during European trading hours, continuing two weeks of price stagnation. The CoinDesk 20...

PayPal Launches "Pay with Crypto" for U.S. Businesses

PayPal has launched a "Pay with Crypto" option for U.S. businesses, enabling them to accept digital currencies such as Bitcoin, Ethereum,...

Crypto Market Enters Reassessment Phase as Glassnode Indicates Potential Bounce

Glassnode's latest report indicates that Bitcoin has entered a "reassessment phase" after reaching its all-time high on July 14. Key points from the...

CoinDCX Denies Reports of Acquisition Discussions with Coinbase

CoinDCX, India's largest crypto exchange, denied reports from Mint that Coinbase is seeking to acquire it. CEO Sumit Gupta urged stakeholders to...
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