Bitcoin selling pressure fades as long-term holders dig in despite prices hovering around the recent all-time high. The pace of profit-taking by veteran Bitcoin (BTC) holders has cooled off in August as they resist selling, signaling a shift in market dynamics after a record-breaking July. Data shared by on-chain analytics...
CEA Industries Secures $160M BNB Position Through Treasury Arm
The company said that it aims to bring greater institutional presence to the BNB ecosystem. CEA Industries Inc., the Colorado-based nicotine company, announced that its treasury management arm, BNB Network Company (BNC), has acquired 200,000 BNB tokens. The stash is worth around $160 million, which makes it the largest corporate...
Shiba Inu’s Shibarium Blasts Through Another Major Milestone: Details Here
Check out Shibarium's latest achievement. TL;DR Shiba Inu’s layer-2 network has processed over 1.5B transactions. Experts see potential for SHIB price growth if real utility and applications on Shibarium expand. A 150%+ burn rate spike and net exchange outflows suggest reduced supply and lower selling pressure, potentially supporting a rebound....
Capital B Acquires 126 BTC, Total Holdings Top 2,200
The French public company, also Europe's first BTC treasury firm, is close to reaching its fiscal year stacking target, while the asset is potentially poised for new heights. The data & AI technology consulting company, now turned to treasury, has released a financial statement showcasing its most recent Bitcoin procurement....
A Modest One: Saylor’s Strategy Buys 155 BTC for $18 Million
The latest acquisition is much smaller than the previous ones. Strategy – the company founded by Michael Saylor – rarely skips a Monday without announcing a crypto purchase. Today was no exception as the company revealed it had acquired the modest (for its standards) 155 BTC for roughly $18 million....
Ethereum Dev Says Turkish Authorities Accused Him of Helping Others Misuse Ethereum
The detained dev described himself as an infrastructure builder with transparent global operations. An Ethereum developer pseudonymously known as “Fede’s Intern” claims to have been detained in Izmir, Turkey. Authorities accuse him of helping others “misuse” the ETH blockchain network, a charge he strongly denies. “Very Troubling” The Argentinian developer,...
Bitcoin Price Analysis: Is BTC About to Explode to $130K This Week?
Bitcoin has maintained a strong bullish market structure, recently finding solid support and rallying impulsively. However, the price is now testing its all-time high near $123K, a zone that could temporarily slow the advance. Bitcoin Price Analysis: Technicals By Shayan The Daily Chart Bitcoin continues to trade within a well-defined...
Top Pi Network (PI) Predictions: Price Soars by 13% Weekly, What’s Next?
Despite the rebound, PI is still down 86% from its all-time high in February. TL;DR PI jumped by double digits in the past week, but some analysts remain bearish. Growing exchange reserves and upcoming unlocks of millions of tokens could add selling pressure. TransFi joined as a KYB-verified fiat on-ramp...
LayerZero Proposes $110 Million Buyback: STG and ZRO Price Explode
The omnichain interoperability protocol wants to buyback the asset bridge token they launched a few years back. The foundation has different plans for the bridge and has made a buyout offer to the decentralized autonomous organization (DAO) that governs it. The suggestion ignited the prices of the native tokens of...
Ethereum Explodes to 2021 Peaks, Bitcoin Eyes ATH: Market Watch
The total crypto market cap reached a new record of roughly $4.14 trillion. Bitcoin (BTC) experienced a substantial price increase over the past 24 hours and is not far from reaching a new all-time high. Some of the well-known altcoins are also well in the green. Ethereum (ETH) surged to...
