Cryptocurrency News

OKB Soars 110% This Week as OKX Burns 279M Tokens

OKB Soars 110% This Week as OKX Burns 279M Tokens

Key Notes OKB registered a staggering 110% increase in price over the last 7 days. OKX recently conducted a permanent burn of 279 million tokens, which likely triggered the price gain. The exchange also upgraded its X Layer to become a more advanced public blockchain. OKB OKB $94.46 24h volatility: 4.1% Market cap: $1.98 B […]

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Coinbase Report: Full-Scale Altcoin Season Ahead

Coinbase Report: Full-Scale Altcoin Season Ahead

Key Notes Bitcoin dominance dropped to 59.5%, signaling capital rotation into altcoins. The altcoin market cap has jumped over 50% since early July. Institutional adoption and ETF filings add momentum to the altcoin rally. Altcoins are gaining strength in the cryptocurrency market, with analysts at Coinbase suggesting that September could mark the start of a

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Citigroup Weighs Stablecoin, Crypto ETF Custody amid Upbeat US Regulations

Citigroup Weighs Stablecoin, Crypto ETF Custody amid Upbeat US Regulations

Key Notes Citi targets custody of high-quality reserves backing stablecoins following federal requirements under Trump’s GENIUS Act legislation. The bank plans real-time cross-border stablecoin transactions, building on existing tokenized dollar transfer services across major hubs. Growing $280B stablecoin market and $100B Bitcoin ETF demand create institutional opportunities beyond Coinbase’s current dominance. Citigroup is considering launching

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Jack Dorsey’s Block Introduces Tool-Free, Modular Bitcoin Miner with 10-Year Lifespan Goal

Jack Dorsey’s Block Introduces Tool-Free, Modular Bitcoin Miner with 10-Year Lifespan Goal

Key Notes Proto Rig’s modular design allows hashboard upgrades instead of full miner replacement, reducing costs by 15-20% per cycle. The new miner delivers 1.5x power density compared to legacy ASICs, achieving 819 TH/s with improved rack space utilization. Block’s timing capitalizes on US trade tensions affecting Bitcoin mining imports while competitors plan domestic factories.

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Crypto Market Crashes: .03 Billion in Liquidations as Bitcoin, Ethereum Plunge

Crypto Market Crashes: $1.03 Billion in Liquidations as Bitcoin, Ethereum Plunge

Key Notes Long-position traders suffered 80% of liquidations totaling $787.5 million, with over 215,000 affected participants. Ethereum dominated liquidation events with $322 million losses, representing nearly one-third of all trading casualties. Higher-than-expected PPI inflation data triggered market uncertainty, forcing Fed rate cut expectations to shift downward. On August 14, the cryptocurrency market suddenly pivoted from

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Radiant Capital Hacker Prints 93% Profit on Stolen Ethereum

Radiant Capital Hacker Prints 93% Profit on Stolen Ethereum

Key Notes Radiant Capital hacker has invested and gotten returns from stolen Ethereum. The hacker made away with $53 million, but it is now worth $103.5 million, almost double its value ten months ago. ETH market capitalization has surpassed that of Netflix and Mastercard and the hacker benefits from the growth. Instead of just spending

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Shiba Inu Exchange Supply Drop Hints SHIB Price Rally Ahead

Shiba Inu Exchange Supply Drop Hints SHIB Price Rally Ahead

Key Notes SHIB price broke out of a symmetrical triangle after a 10% weekly gain, signaling potential bullish momentum. Exchange balances dropped nearly 1% in two weeks, reducing selling pressure. Rising Spent Coins Age Bands suggest possible profit-taking and risk of a price correction. After a 10% weekly upside, the Shiba Inu SHIB $0.000013 24h

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Ripple CTO Backs XRPL Amid Price Controversy

Ripple CTO Backs XRPL Amid Price Controversy

Key Notes David Schwartz praised XRPL’s low fees, public design, and growing tokenization. Repeated XRP transfers between exchanges indicating possible wash trading have surfaced. XRPL activity has dropped, with transactions down 38% and payments falling nearly 50% in a month. Ripple’s Chief Technology Officer, David Schwartz, expressed confidence in the XRP Ledger’s long-term role in

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What’s Behind 17% Cardano (ADA) Price Rally Today?

What’s Behind 17% Cardano (ADA) Price Rally Today?

Key Notes Technical patterns and analyst forecasts suggest Cardano price could hit $1.20 in the short term and potentially climb toward $2.90. Grayscale’s registration of the “Grayscale Cardano Trust ETF” in Delaware with 80% approval chances. Long-term holders have been steadily accumulating ADA since 2021 without major distribution. Cardano’s native cryptocurrency ADA ADA $0.98 24h

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Peter Thiel-Backed Bullish Shares Surge Over 200% on NYSE Public Debut

Peter Thiel-Backed Bullish Shares Surge Over 200% on NYSE Public Debut

Key Notes Investor demand drove Bullish’s IPO price up twice before its NYSE listing, nearly tripling its initial range. Bullish’s first-day surge follows a wave of successful crypto and fintech IPOs in 2025. Institutions like BlackRock and ARK signaled primary interest, strengthening Bullish’s sector position. Shares of Bullish, the cryptocurrency exchange backed by Peter Thiel,

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