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Trump-backed American Bitcoin orders 16K Bitmain ASICs amid ongoing trade war

Trump-backed American Bitcoin orders 16K Bitmain ASICs amid ongoing trade war

A Bitcoin mining venture with ties to the Trump family has made a bold move, scooping up a potential arsenal of 17,280 cutting-edge Bitcoin mining machines from Bitmain. This substantial purchase of ASICs signals a significant expansion for American Bitcoin and underscores the continued interest in cryptocurrency mining, even amidst market fluctuations. The deal positions the company to potentially become …

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Centrifuge Surpasses $1 Billion in TVL as Broader RWA Heats Up

Centrifuge just smashed through the $1 billion mark in total value locked (TVL), according to DefiLlama, on August 14th! What’s driving this explosive growth? Think hungry institutions finally getting a taste for real-world assets (RWAs) brought to life on the blockchain. Their JAAA fund is clearly a key ingredient in this DeFi boom. Centrifuge explodes, witnessing a meteoric 94% leap …

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ETH transaction count rising amid $5K push but competition erodes market share

ETH transaction count rising amid K push but competition erodes market share

Ethereum’s transaction count is surging as Ether eyes a breathtaking $5,000. But a swarm of rivals is nipping at its heels, threatening network profits and user loyalty. Ethereum’s blockchain is buzzing. A staggering 1.7 million transactions surged through the network on Tuesday alone, according to Nansen data, pushing daily averages to flirt with record levels. This isn’t just growth; it’s …

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Trump Jr-tied firm raises $50M for crypto mining as Bitcoin peaks

Trump Jr-tied firm raises M for crypto mining as Bitcoin peaks

From Likes to Crypto Riches: Thumzup Media Mines $50 Million to Fuel Mining Dreams. The social media marketing agency is ditching double taps for digital gold, planning a massive crypto portfolio expansion and a dive into the lucrative world of crypto mining after a hefty investor windfall. Thumzup said on Wednesday that it would expand its crypto-related strategy “to include …

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Bitcoin Bounces Back This Week But Glassnode Sees Trouble Ahead

Bitcoin Bounces Back This Week But Glassnode Sees Trouble Ahead

Glassnode’s latest weekly deep dive into the crypto-verse is here, unpacking key metrics and on-chain data that paint a vivid picture of Bitcoin’s current landscape. Spot Metrics After a brief dip below $114,000, the spot price has roared back to life, surging towards $121,000 and injecting fresh energy into the market. This resurgence has sparked renewed activity across multiple sectors, …

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WIF Eyes Breakout From Bullish Wedge After 17% Daily Surge

WIF Eyes Breakout From Bullish Wedge After 17% Daily Surge

TL;DR WIF challenges $1.02–$1.04 resistance, with analysts targeting $1.3 after bullish wedge breakout confirmation. Active addresses rebound from early August lows, aligning with recent price recovery toward the $1 level. Trading volume up 28% to $1.8B, open interest rises 13% as market participation increases. Price Breakout From Broadening Wedge Dogwifhat (WIF) is on a tear! The meme coin is fetching …

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Institutional Frenzy Pushes Ethereum DEX Volumes Above Solana

Ethereum DEXs Reclaim Volume Crown: Solana’s Memecoin Mania Fades Ethereum-based decentralized exchanges are back on top, snatching the volume crown from Solana for the first time since April. The catalyst? A rapid cool-down in the Solana memecoin frenzy, coupled with surging institutional interest in Ethereum as ether adoption grows. Ethereum DEXs Dominate: $24.5 Billion Traded in 48 Hours, Leaving Solana …

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Bitcoin Nears $123K as Whale Addresses Hit All-Time High

Bitcoin Nears 3K as Whale Addresses Hit All-Time High

Bitcoin flirts with all-time highs! The price hovers around a robust $120,000, a mere breath away (under 3%!) from its $123,180 peak. But the real story? Whales are loading up. Bitcoin Magazine Pro reports a record-breaking 18,996 addresses now boast over 100 BTC. The big fish are hungry for more – is another surge on the horizon? Forget the fleeting …

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NEAR Defies Market Caution — How Institutional Flows Are Fueling a Surprise Recovery

NEAR Defies Market Caution — How Institutional Flows Are Fueling a Surprise Recovery

While most altcoins are stuck in neutral, NEAR Protocol is quietly flexing its muscles. Forget sideways trading – NEAR is building a bullish case, fueled by institutional cash, a booming ecosystem, and charts that scream “takeoff.” This isn’t just about NEAR’s resurgence; it’s igniting a hunt for the next hidden gem. Enter MAGACOIN FINANCE, already turning heads and attracting a …

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Initia Holds Above Support and Nears $04596 Resistance After 20% Weekly Surge

Initia Holds Above Support and Nears 596 Resistance After 20% Weekly Surge

Initia gained 20.5% in the past week, reaching $0.452 and approaching resistance at $0.4596. The breakout from a descending channel positioned $0.4184 as short-term support. INIT’s BTC pair rose 8.0% to 0.053877 BTC, showing relative market strength. Initia (INIT) is on a roll! This week saw the token surge an impressive 20.5%, leaving previous lows in the dust. Currently hovering …

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5 Altcoins That Could Explode Soon and Leave Bitcoin in the Dust

5 Altcoins That Could Explode Soon and Leave Bitcoin in the Dust

Bitcoin’s crown may be tarnished: Altcoins are the new gold rush. Forget headlines; the real rocket fuel is igniting in the altcoin universe. From DeFi disruptors rewriting finance to meme coins powered by internet fervor, hidden gems are primed for explosive growth. Missed the Bitcoin boom? Here’s your second chance. Early birds catching these altcoin worms could witness gains that …

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Ethereum Price Watch: Ether Bulls Focus in on $4500 as Market Momentum Builds

Ethereum Ethereum’s daily chart paints a compelling bull story, a price rocket soaring from $2,112 to a peak of $4,435. This isn’t just a climb; it’s a staircase of higher highs and lows, solidifying its ascent. However, look closely: small-bodied candles are whispering tales of near-term hesitation at the summit. Think of $4,000 as Ethereum’s bedrock, a resilient support zone. …

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What is CYBER crypto and why did it surge almost 200%?

What is CYBER crypto and why did it surge almost 200%?

Upbit Ignites CYBER Crypto! Price Rockets 200% to $5.33! Hold onto your hats, crypto enthusiasts! CYBER is exploding! A massive 200% surge has propelled this token to a sizzling $5.33, all thanks to its debut on Upbit. But what exactly IS CYBER? Uncover the mystery and ride the wave with us! Summary CYBER crypto soared almost 200%, from $1.85 to …

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Bitcoin eyes $135k as daily structure holds strong above $119k support

Bitcoin eyes 5k as daily structure holds strong above 9k support

Bitcoin’s blasting through ceilings! After shattering resistance levels like glass, the bulls are stampeding towards its all-time high. Buckle up – a rendezvous with the channel’s upper limits is practically inevitable before gravity kicks in. The target? A cool $135,000 before the pullback. Summary $119K is the critical support level maintaining bullish structure. BTC is approaching high timeframe resistance beyond …

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