The cryptocurrency world recently witnessed an astounding milestone: monthly on-chain stablecoin volume hitting an unprecedented record of $1.5 trillion in July. This remarkable surge, reported by Sentora (formerly IntoTheBlock), marks the first time in history that digital asset transactions involving stablecoins have reached such a monumental figure. It highlights the growing reliance on these digital
Capital B (ALCPB) operating as The Blockchain Group, has completed the acquisition of 62 bitcoin BTC$114,905.21 for approximately $7.13M through its Luxembourg-based subsidiary. This investment lifts the firm’s total holdings to 2,075 BTC, purchased at an average price of $104,803 per coin. The acquisition was funded via a $7.48M convertible bond issuance, subscribed by Tobam
Crypto analyst Crypto Rover (@rovercrc) tweeted that the markets currently expect a 92 percent chance that Federal Reserve will cut rates in September. The positivity is after a poor July jobs report, whereby the economy has been recording a decrease in the labor market, adding only 100,002 instead of expected 226,000 jobs in this report.
A popular crypto YouTube channel has advised people to hold Bitcoin for each of their loved ones. Altcoin Daily advises crypto investors to hold .01 Bitcoin for each family member they care about. The message, shared via X, aims to remind investors about Bitcoin’s value and the returns it could give in the long term.
A widely followed crypto analyst who nailed the 2022 Bitcoin (BTC) crash is warning of an impending BTC meltdown. In posts in his Telegram channel, pseudonymous trader Crypto Capo tells his 129,000 subscribers that BTC and altcoins could see significant dips in price in the coming weeks as risk for a black swan event remains
South Korea’s digital landscape is buzzing with a groundbreaking development! Kakao Group, the powerhouse behind the nation’s leading messaging platform, is making a bold and strategic leap into the digital currency space. This significant move involves forming a dedicated Kakao stablecoin task force, signaling a major blockchain initiative designed to reshape financial services. It’s a
Leading market analysts are growing more optimistic about Bitcoin, suggesting the stage is being set for a major bull run in the second half of the year. While the price has seen a nearly 4% pullback over the past week, now trading around $114,168, a closer look at the charts reveals a potentially explosive setup.
Bitcoin had closed the month of July at $115,000, an $8,000 jump from June’s close which is the highest monthly close in its history. According to analyst PlanB, this record-breaking move is right in line with his models, which suggest the market is in the middle of a slow and steady bull market with a
Okratech Token (ORT) has revealed a significant partnership with Web3 Decision, a visionary platform of AI associated with artificial intelligence and blockchain. 🤝 Strategic Partnership: Okratech Token × Web3 Decision We’re thrilled to partner with Web3 Decision, a pioneering platform evolving from logic-based AI to CL1 biological computing systems, merging cutting-edge artificial intelligence with blockchain