Auto Added by WPeMatico

Wrapped Ethereum Just Logged a Five-Year Whale Record: Here’s Why It Matters for ETH

Wrapped Ethereum (WETH) recorded 113,000 whale transactions worth more than $100,000 over the past week. This figure is its highest level since May 2021, according to on-chain analytics platform Santiment.…

Continue ReadingWrapped Ethereum Just Logged a Five-Year Whale Record: Here’s Why It Matters for ETH

Analyst Says Waiting for Bitcoin’s Four-Year Cycle Bottom Could Be a Costly Mistake

Bitcoin investors waiting for a traditional four-year cycle bottom in September or October could be caught on the wrong side of the market, according to analyst Doctor Profit. While the…

Continue ReadingAnalyst Says Waiting for Bitcoin’s Four-Year Cycle Bottom Could Be a Costly Mistake

Strategy Extends Bitcoin Buying Pause While Growing Its USD Reserve: Details

Michael Saylor’s bitcoin-accumulating giant continues to refrain from increasing its cryptocurrency stash after a large wave of uncertainty hit the market and its stock performance. Instead, Strategy continues to focus…

Continue ReadingStrategy Extends Bitcoin Buying Pause While Growing Its USD Reserve: Details

HIP-4 Upgrade: Hyperliquid Opens Door to Permissionless Prediction Markets

Hyperliquid announced on July 20 that its upcoming HIP-4 network upgrade will allow permissionless deployment of prediction markets. The feature, which will launch on testnet before hitting the mainnet, will…

Continue ReadingHIP-4 Upgrade: Hyperliquid Opens Door to Permissionless Prediction Markets

Saylor’s Strategy Strengthens Liquidity Position but Long-Term Bitcoin Plan Still Faces Scrutiny

American business intelligence firm Strategy has bolstered its financial position by addressing liquidity concerns raised earlier this year. In a July 14 follow-up, the on-chain analytics firm CryptoQuant said the…

Continue ReadingSaylor’s Strategy Strengthens Liquidity Position but Long-Term Bitcoin Plan Still Faces Scrutiny

CLARITY Act Odds Crash to 31% After Trump Push Fails to Break Senate Deadlock

Donald Trump’s 2024 presidential campaign had a strong focus on the cryptocurrency industry. While trying to lure donations and votes, he promised favorable regulatory frameworks that could help it flourish.…

Continue ReadingCLARITY Act Odds Crash to 31% After Trump Push Fails to Break Senate Deadlock