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Bitcoin’s Spot Market Remains Sluggish, but Derivatives Tell a Different Story

Speculative activity in the Bitcoin market is showing signs of recovery even as spot market participation remains subdued, according to Glassnode’s latest findings. The analytics firm said spot trading activity continues to lack conviction, as Spot Volume fell below the lower statistical band of $4.5 billion, which was indicative of persistently weak liquidity and muted […]

Franklin Templeton Exec Calls Agentic AI Crypto’s ‘Killer Use Case’ as ETH Nears $2K

The Head of Digital Assets and Innovation for a $2 trillion asset manager “just said to buy ETH,” commented former BlackRock VP and host of Milk Road Daily, John Gillen, on Tuesday. His statement came in response to a lengthy post on X from Franklin’s Sandy Kaul on the use cases for crypto in agentic […]

Shiba Inu (SHIB) Team Faces Backlash Over Controversial Social Media Campaign: Details

The team behind the popular meme coin tried to settle an interesting competition, but instead became the subject of criticism from its community. SHIB’s price has finally rebounded, while several bullish factors suggest a much more substantial rally could be on the horizon. The SHIB Army Demands Action Inspired by Spain’s victory in the FIFA […]

Bitcoin and Risk Assets Under Pressure as 30-Year Yields Push Above 5%

A recent auction of 30-year Treasury bonds, sold at a yield of 5.06%, has brought rising long-term US borrowing costs back into focus. Specifically, it has revived concern among certain market observers about how tighter monetary conditions could impact Bitcoin (BTC) and other risky assets, just as investors are getting ready for the Fed’s next […]

Bitcoin Has Exited Capitulation Regime as Momentum Rebuilds: Analysts

Bitcoin momentum is rebuilding, but confirmation has not arrived yet, said analytics platform Swissblock on Monday as BTC tapped a five-week high of $65,700. “Bitcoin has exited its capitulation regime and is once again inside the transition area,” they added. Swissblock identified the current area as “where a new impulse begins, or momentum fades back […]

Allbridge Pauses Protocol After $1.65M Exploit Drains Stablecoin Liquidity Pools

Cross-chain stablecoin bridge, Allbridge Core, suffered a security exploit that resulted in losses of approximately $1.65 million, according to blockchain security firm PeckShield. The firm said the attacker has already bridged the stolen funds from Solana to Ethereum. Allbridge Responds Allbridge confirmed experiencing a security incident and that the protocol has been paused as a […]

2 in a Row: Bitcoin ETFs Mark Another Green Week, but Ethereum Wins

After a violent eight-week streak with nothing but substantial withdrawals, the spot Bitcoin ETFs changed their course in the middle of July and now extended their recovery period with another green performance. However, the funds tracking the largest altcoin managed to beat the market leader in terms of weekly net inflows. BTC ETF Green Wave […]