Cryptocurrency

NFT Market Cap Soars to $6.6 Billion in July as CryptoPunks Drive Growth The NFT market has shown a strong rebound in July, with the total market capitalization surging to $6.6 billion, marking a 94% increase. Leading the charge are CryptoPunks, which have seen multimillion-dollar sales and a significant rise in floor prices, signaling renewed […]

BitMine Aims to Acquire 5% of Total ETH Supply in Treasury Expansion BitMine, a major player in the cryptocurrency space, has set an ambitious goal to acquire and stake at least 5% of the total Ether supply. According to Tom Lee, chairman of BitMine’s board of directors, this would amount to over 6 million ETH,

US Crypto Legislation Sparks $4 Billion Surge in Stablecoin Supply Regulatory clarity in the US is creating new opportunities for banks, asset managers, and crypto firms to introduce stablecoin products. The recent legislative developments have led to a significant $4 billion increase in stablecoin supply, signaling growing confidence in the market. Stablecoins, which are cryptocurrencies

Bitcoin Consolidation Signals Major Move Ahead Bitcoin has been trading in a tight range, suggesting a significant price movement could be imminent. Analysts are closely watching key levels to determine whether the next big move will favor bulls or bears. Currently, Bitcoin is consolidating, a phase that often precedes a strong breakout. If the price

Block Joins S&P 500, Expanding Bitcoin Exposure for Equity Investors The addition of Block to the S&P 500 marks a significant milestone, potentially broadening equity investors’ exposure to Bitcoin and signaling growing mainstream acceptance of the cryptocurrency. Block, formerly known as Square, has long been a prominent player in the digital payments space, with deep

Dogecoin Price Could Be Poised for Another Major Rally as Bullish Signal Returns Dogecoin, the meme-inspired cryptocurrency, has historically seen massive price surges following a specific technical indicator turning bullish. This signal has appeared again in July, suggesting another potential rally could be on the horizon. In the past, Dogecoin’s price skyrocketed between 270% and

Crypto Adoption in 2025 Driven by AI and Payments, Survey Finds A recent survey highlights that artificial intelligence and payment solutions are expected to be major catalysts for cryptocurrency adoption by 2025. According to the findings, 37% of respondents identified AI and payments as the primary factors that will push digital assets into mainstream use.

OpenAI and Oracle Ramp Up AI Power with Multi-Billion Dollar Expansion as xAI Prepares Massive GPU Push OpenAI and Oracle are significantly scaling their AI infrastructure ambitions, with plans to expand their joint project to deliver over 5 gigawatts of computing power. This move underscores the growing demand for high-performance AI systems as companies race

Ozzy Osbourne’s Death Triggers 400% Spike in CryptoBatz NFTs The NFT market may be showing early signs of recovery as Ozzy Osbourne’s CryptoBatz collection saw a sudden 400% surge in trading volume following news of the rock legend’s death. While the numbers remain below the peaks of 2022, the spike suggests renewed interest in digital

South Korean Financial Watchdog Urges Asset Managers to Curb Crypto ETF Investments South Korea’s Financial Supervisory Service (FSS) has advised local asset managers to limit their exposure to cryptocurrency-related exchange-traded funds (ETFs), particularly those tied to firms like Coinbase. The regulator emphasized caution, noting that crypto regulations are still developing and could pose risks for