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The Bitcoin supply held by whale entities has declined by 40% over the past eight years as profit-taking continues.
XRP's price recovery depends on long-term holders maintaining their positions. If they can avoid selling, the price might break through resistance and rise. However, persistent selling could prolong the downtrend.
TRUMP and MELANIA are executing high-profile tactics—from NFTs to liquidity partnerships—but face pressure from deep price declines.
Exploring the Potential for Altcoin Emergence: Unpacking the Implications of Dominance Charts and Market Rotation
This time is different. Maybe the stablecoin summer is finally arriving.
After a $470 million sell-off, Solana's price dipped to $150. A strong support at $154 could signal a potential recovery, but further declines are possible if bearish pressure persists.
SPX is poised for a big move as it nears a golden cross and continues to rise, backed by increasing buying pressure. Traders are closely watching for further gains.
- 07:42CoinShares launches zero-fee SEI ETP in Europe, offering 2% staking yieldOn July 29, it was reported that cryptocurrency asset management firm CoinShares has launched a new exchange-traded product (ETP), allowing investors to invest in Sei with no management fees and offering a 2% staking yield. The product, trading under the ticker CSEI, will be listed on the SIX Swiss Exchange. This is the first regulated investment vehicle to provide investors with direct exposure to SEI.
- 07:42World Liberty Spends Another 1 Million USDC to Purchase 256.75 ETH 23 Hours AgoAccording to a report by Jinse Finance, Lookonchain monitoring shows that 23 hours ago, World Liberty spent another 1 million USDC to purchase 256.75 ETH at a price of $3,895 per ETH. To date, World Liberty has accumulated a total of 77,226 ETH (valued at $296 million), with an average purchase price of $3,294 per ETH and an unrealized profit of approximately $41.7 million.
- 07:39Hundsun Technologies responds to rumors of cooperation with Ant Digital: Unable to confirm whether the company has reached a partnership with Ant DigitalAccording to Jinse Finance, Hundsun Technologies, a leading financial IT company that was highly active during the bull markets of 2015 and 2020, has seen its stock price surge dramatically. The market volatility may be linked to a circulating “insider note.” The note, allegedly from a securities firm analyst, claims that Hundsun Technologies’ wholly owned subsidiary, Hengyun Technology, has reached a strategic partnership with Ant Digital Technologies. The collaboration reportedly focuses on the operation and system development of virtual assets and stablecoins, targeting the Hong Kong and overseas markets, with plans to hold a related stablecoin conference in September. The note asserts that this partnership “removes the growth ceiling for Hundsun.” In response, staff from Hundsun Technologies’ investor relations department stated that the company is aware of the market rumors and that today’s stock price limit-up may be related to these rumors, but the investor relations department cannot currently confirm whether the company has entered into a partnership with Ant Digital Technologies. The staff further added that the company’s Hong Kong subsidiary has long provided IT services to both Hong Kong and mainland Chinese securities firms, holding a significant market share. The company is indeed actively expanding into stablecoins, virtual assets, and overseas business, and has had preliminary communications with companies such as Ant Digital Technologies. However, they emphasized that “any confirmation of related cooperation is subject to official announcements.” (21st Century Business Herald)