Solana to Boost Block Capacity by 66% with SIMD-0286 Upgrade
The Solana blockchain is reportedly gearing up for another major scalability leap, with its block capacity poised to go from 60 million to 100 million Compute Units (CUs) under the…
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Bitcoin and Ethereum Whales Hold on Binance While OKX Traders Rush to Exit Profits
Bitcoin (BTC) and Ethereum (ETH) holders on Binance are showing signs of strong holding behavior. This, however, contrasts with the profit-taking patterns seen on OKX. Behavioral Divergence Between Binance and…
Ethereum Spot Volumes Eclipse Bitcoin’s as Altseason Heats Up
First time in over a year, Ethereum spot trading volume is greater than Bitcoin’s, reported CryptoQuant on Wednesday. Last week, ETH spot trading hit $25.7 billion compared to $24.4 billion…
Ripple’s XRP Crashes Double Digits – $90M in Long Positions Wiped Out
Most altcoins have headed south over the past several hours, and the second-largest is no exception. XRP, which was among the top performers until yesterday evening, has plunged by double-digits…
DOJ Closes Investigation Into Kraken Co-Founder Jesse Powell
The US Justice Department has dropped its criminal investigation into Kraken co-founder Jesse Powell. The investigation was launched in 2023 and did not focus on Powell’s crypto dealings. Instead, it…
Another One: Japan’s Kitabo Turns to Bitcoin for Treasury Reserves
The manufacturing firm has turned to the asset, adopting the treasury model, citing steep financial losses. It has joined the rising list of Japanese companies adopting this strategy, contributing to…
Bitwise’s 10 Crypto ETF Approved but Stayed in Bizarre Move
The U.S. Securities and Exchange Commission (SEC) has approved the conversion of Bitwise’s cryptocurrency index fund. However, the agency later issued a stay order halting the launch pending further internal…
USDT Distribution Between Tron and Ethereum Shows Patterns Tied to Bitcoin’s Price
The battle for stablecoin dominance has intensified amidst the broader market rally. New data suggests that the distribution of Tether (USDT) supply between Tron and Ethereum networks appears to alongside…
Altcoins Soar as Bitcoin Rests – But Froth Builds in Crypto Markets
Altcoins are showing broad strength following Bitcoin’s explosive July rally. Surging open interest across the sector, however, suggests speculative froth may be building. Such a build-up may raise the risk…
Analyst: Low Bitcoin Flow to Exchanges Points to High Market Confidence
Bitcoin’s most recent rally has sparked investor conviction rather than the sort of panic selling seen in previous bull cycles. Key on-chain metrics show a surprising trend: major holders aren’t…
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