Sonic has broken below the point of control, accelerating bearish momentum toward a major confluence zone. Price now approaches the value area low, where a potential bottoming structure may decide its next move. Summary Sonic closed below the point of control, confirming bearish continuation toward the value area low. The current support zone aligns with…
Conflux price went parabolic on Tuesday, surging by over 40% amid enthusiasm about the upcoming upgrade and its yuan-based stablecoin efforts. Summary Conflux price formed a God candle ahead of the quarterly community call. The developers will announce details of the upcoming hard fork. Conflux 3.0 will introduce faster speeds, AI agent features, and stablecoin…
After a full Bitcoin treasury pivot, Bakkt Holdings’ lowball $75 million stock offering caused the stock to plunge in premarket trading. Summary Bakkt Holdings plans to issue $75M shares Lowball share offering caused its share price to nosedive The firm fully divested from its loyalty business For exchange-listed companies, crypto treasury pivots are usually designed…
Hong Kong’s decision to hold off on stablecoin licensing until 2025, as the regulatory regime prepares for Gazette publication on August 1, signals caution over rapid adoption. But is this a strategic pause or a bottleneck for crypto’s next frontier? Summary Hong Kong will not issue stablecoin licenses in 2025, despite finalizing a regulatory framework…
The crypto market is down today, July 29, with some of the most popular meme coins like Fartcoin, Bonk, and Dogwifhat falling by double digits. Summary The crypto market is down today because of the stalling Bitcoin price action. The Federal Reserve will publish its interest rate decision on Wednesday. The US will escalate its…
Twenty One Capital, Inc., a newly formed Bitcoin-native company, expects to add 5,800 BTC to its substantial holdings of the benchmark digital asset ahead of its public listing. Summary Twenty One Capital, a new Bitcoin-native company, will add 5,800 Bitcoin to its holdings. Additional BTC will bring the company’s total holdings to 43,500 BTC and…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The global stablecoin landscape is currently dominated by tokens pegged to the U.S. dollar. As the global reserve currency and one of the primary trade currencies, this has had immediate benefits as…
SharpLink is quickly accumulating its Ethereum reserves, which now total 438,190 ETH and valued at approximately $1.687 billion. Summary Sharplink now holds 438,190 ETH. ex-BlackRock executive becomes co-CEO. Firm is doubling down on its Ethereum strategy. The self-described “MicroStrategy for Ethereum” (ETH) is doubling down on its treasury strategy. On Tuesday, July 29, SharpLink, one…
Pepe has rejected from the value area high and is now trending toward a key dynamic support. This level has historically triggered bullish reversals and could determine the next major move. Summary Pepe faces short-term weakness after rejecting from the value area high, signaling a possible shift in momentum. Dynamic support and the 0.618 Fibonacci…
World Liberty Financial (WLFI), the Donald Trump-backed DeFi firm, has picked up another batch of ETH, extending its buying spree as prices push higher. Summary Trump-linked DeFi firm WLFI just bought another 256 ETH for $1 million. The company’s total ETH stash is now worth nearly $300 million. Critics are warning of conflicts of interest…
