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Buyer exhaustion may set the stage for a correction in August before investor capital surges into altcoins, as in previous market cycles. Investor sentiment toward cryptocurrencies surged this week, with growing retail interest in altcoins suggesting Bitcoin’s recent euphoria phase may be nearing an end, according to analysts. The crypto asset sentiment index rose from…
Cathie Wood’s ARK Invest scooped $172 million worth of Bullish shares across three ETFs as the crypto exchange surged 83.8% in its first day of trading. Cathie Wood’s ARK Invest bought 2.53 million shares of crypto exchange Bullish across three of its exchange-traded funds (ETFs) on Wednesday, the day of the company’s blockbuster public debut….
Standard Chartered now sees ETH hitting $7,500 in 2025, fueled by record ETF and treasury buying, stablecoin growth and Ethereum network upgrades. Standard Chartered has raised its Ether price forecast for 2025 to $7,500, up from a previous $4,000 target, citing a surge in institutional buying and the accelerating adoption of stablecoins following recent US…
ALT5 Sigma is raising $1.5 billion through a 200 million-share sale to fund a corporate treasury centered on Trump-backed World Liberty Financial tokens. ALT5 Sigma Corporation agreed to sell 200 million shares of common stock for $1.5 billion to jumpstart its World Liberty Financial (WLFI) corporate treasury. According to the Monday ALT5 Sigma announcement, the…
VivoPower shares surged over 32% after announcing a $100 million plan to buy Ripple Labs shares, expanding its exposure to Ripple equity and XRP tokens. Nasdaq-listed solar power company VivoPower International PLC saw its shares jump 32.12% to $5.10 on Friday after the company announced plans to purchase $100 million worth of privately held Ripple…
Trump-linked World Liberty Financial is weighing a $1.5 billion Nasdaq-listed treasury company to hold WLFI tokens. World Liberty Financial, the Trump family-backed crypto venture, is exploring the creation of a publicly traded company to hold its WLFI tokens, with a fundraising target of roughly $1.5 billion. The structure of the deal is still being finalized,…
With crypto scams hitting $9.9 billion in 2024 and 90% of UK crypto apps failing AML checks, the industry needs data sharing to combat fraud. Opinion by: Mike Haley, CEO of Cifas While the crypto industry is revolutionizing the world of finance, there’s an underlying reality bubbling beneath the surface. Hitting record levels, cryptocurrency scams…
XRP price faces mounting pressure as whales exit, and $2.65 emerges as the line between recovery and a bigger correction. Key takeaways: After dropping 19% in three weeks, XRP faces strong resistance at $3.10-$3.00, with key support at $2.65. Whales have offloaded over 640 million XRP tokens since July 9. Read more If you liked…
Crypto scammers are switching from code to exploiting human vulnerabilities that don’t require breaking through complex cybersecurity guardrails. A cryptocurrency investor lost $3 million in a phishing scam after signing a malicious blockchain transaction without verifying the contract address, highlighting the risk posed by digital asset scams. A single wrong click was all it took…
CrediX recovered $4.5 million in stolen crypto after reaching a deal with the exploiter. Affected users will be refunded within 48 hours, the team said. Money market abstraction infrastructure protocol CrediX has successfully negotiated the return of the assets stolen in a $4.5 million exploit, in a promising sign for users looking to recover their…