News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Cardano remains in consolidation, setting up for a potential 25% price move if price breaks out. Crowd’s sentiment is bearish on ADA while Smart Money is bullish — what does it mean going forward? Cardano ranks at position 2 in GitHub development activity across all blockchains, reinforcing its position as one of the most actively built ecosystems.
Litecoin rising wedge channel keeps an eye on the upper trendline anticipating breakout. Highest LTC social activity share crossing 1.9% as LTC futures open interest soars to a 4-year high with $758 Million. LTC cumulative short liquidation leverage over long liquidation leverage.
The savings could climb to $325,561 per person if state-level wage-based income taxes are also eliminated, the report notes.
Asset Management Firm made the first major ETH deposit of 30,006 ETH worth $80.48M into Binance from Metalpha’s multi-signature wallet in three months. Bybit recovers 15000 ETH with Mantle cmETH swap. ETH’s trendline magic strikes again as it bounces from major support at $1,147.86, $1,044.62, & now $2,686.93 where it pumped 131%, 97% respectively and now it’s on the same major trendline again with 171% possible gains on the cards.
Ethereum is rebounding after a sharp drop due to the Bybit hack, with RSI gains and rising whale accumulation signaling renewed bullish momentum.
BTC Bulls defending the $96K crucial support, and the Falling Wedge is also in play with expectation of a rally towards the $106k Resistance once the hack FUD cools. When BTC price is overlaid on the heatmap shows gradual increase as the market entered the new regime change where Open Interest (OI) began increasing. Is $200k+ possible this cycle after Bitcoin Terminal Price surpassed $200K?
- 20:17Strategy to Issue 5 Million STRC Shares to Raise Funds for Bitcoin AcquisitionAccording to ChainCatcher, Strategy has announced the issuance of 5 million shares of STRC stock, officially launching its IPO. The funds raised from the IPO will be used for general corporate purposes, including the purchase of Bitcoin.
- 20:08White House: The August 1 Tariff Deadline Is Actually Just a Starting PointAccording to a report by Jinse Finance, the White House stated that the August 1 tariff deadline is actually just a starting point, marking the date when the United States will begin collecting this revenue from all countries to which the President has sent letters. You may see some additional letters before August 1, and there may also be more trade announcements.
- 20:03Sophon airdrop to end on July 28Foresight News reports that Sophon has announced the airdrop of its token SOPH will end on July 28. Eligible users include Sophon Guardians, early contributors, and holders of the Friend of Sophon NFT, among others. The airdrop utilizes Sophon's native payment main system, so users do not need to pay any gas fees when claiming.