Key takeaways: Despite ETH’s price gains, weak onchain activity and low DEX volumes signal trader caution. Record Ethereum staking at 34% reduces sell pressure, yet sustained upside needs external catalysts. Ether (ETH) tested the $1,950 mark for the first time in seven weeks on Tuesday, triggering $62 million in liquidations across leveraged bearish positions. The…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure References: GitHub PancakeSwap Releases ERC-8183 AI Settlement Agent As DeFi Automation Gets More Serious PancakeSwap has released an open-source ERC-8183 AI settlement agent, giving developers a reference implementation for automated swaps, liquidity planning, and execution logic on BNB Chain. The release is…
Bitcoin is attempting to extend its recovery after rebounding sharply from the June lows. The asset is now pressing into an important confluence of resistance, where a descending trendline aligns with a major supply zone. While buyers have regained short-term momentum, the coming sessions will determine whether this move develops into a broader trend reversal…
Researchers at the Bank for International Settlements (BIS) found that dollar-backed stablecoins are creating a new form of “digital dollarization” that appears largely unaffected by capital controls, particularly in emerging markets. The new study suggests governments may have less ability to curb stablecoin adoption than traditional foreign-currency bank deposits. BIS researchers analyzed foreign-currency deposits and…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure References: DefiLlama Solana Alternative Stablecoin Supply Hits $4.81B As Liquidity Diversifies Solana’s alternative stablecoin supply has reached $4.81 billion, according to DeFiLlama data, showing that liquidity on the network is becoming less dependent on the two largest dollar tokens. The figure refers…
Analysts note that ETH’s jump in dominance has unfolded without a single obvious catalyst, making the recent rally harder to explain. Ethereum’s market dominance climbed back above 10% on Tuesday after weeks below that level, while the token outperformed every other top-10 cryptocurrency with an almost 9% gain in the last seven days. The move…
The UCITS ETF, CoinShares’ first in Europe, began trading on Deutsche Börse Xetra, tracking a rules-based index of publicly listed BTC miners. Source link
The reported progress on the CLARITY Act is perhaps the most surprising. July has historically been a positive month for bitcoin and this edition has not disappointed so far. The cryptocurrency began the month on the wrong foot, dipping below $58,000 for the first time in nearly two years, but it rebounded quickly in the…
Bitcoin (BTC) passed one-month highs on Tuesday as price action defied the odds to top $66,000. Key points: Bitcoin broke through resistance to hit $66,000 for the first time in more than a month. Traders see as much as 6% BTC price gains if further nearby upside targets are reached. Month-end derivatives positioning underscores crypto…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure References: CoinGlass XRP Open Interest Hits $2.6B As Derivatives Demand Climbs XRP futures open interest has climbed to $2.6 billion, according to CoinGlass data, giving traders another sign that derivatives demand around the token is heating up. The figure marks a 24-hour…
