🔍 Market Summary

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DOGE news update: Treasury purchases may kickstart rally to $0.29

DOGE news update: Treasury purchases may kickstart rally to $0.29

Key point:Bit Origin’s DOGE purchases for its crypto treasury could limit the downside and open the doors for a rally above $0.29.China-based pork processing company and Bitcoin miner Bit Origin said on Monday that it had completed the acquisition of 40.5 million Dogecoin for its crypto treasury. E…

‘Every family here is sick,‘ say neighbors of Bitcoin mining facility in Texas

‘Every family here is sick,‘ say neighbors of Bitcoin mining facility in Texas

Many residents of a Texas town southwest of Dallas, facing health problems allegedly associated with constant noise, don’t seem to have anything good to say about a crypto mining facility run by MARA Holdings.In a video released Thursday by the nonprofit advocacy organization More Perfect Union, rep…

Bitcoin due 'massive short squeeze' as BTC dominance bounces to 62%

Bitcoin due 'massive short squeeze' as BTC dominance bounces to 62%

Key points:Bitcoin market participants bet on a fresh short squeeze as liquidity piles into exchange order books around price.Late shorts are on the radar after a trip to punish longs the day prior.Bitcoin is regaining its command of the total crypto market cap.Bitcoin bounced from a trip toward $1…

XRP dump: Ripple co-founder under fire for moving $175M XRP near highs

XRP dump: Ripple co-founder under fire for moving $175M XRP near highs

A wallet tied to Ripple co-founder Chris Larsen moved 50 million XRP, worth around $175 million, between July 17 and Wednesday, sparking backlash from the crypto community amid a pullback in XRP’s price.Blockchain sleuth ZachXBT flagged the transactions in a Thursday post on X, noting that roughly $…

XRP price drops 19% but analysts say it’s a ‘healthy correction’

XRP price drops 19% but analysts say it’s a ‘healthy correction’

Key takeaways:XRP drops 19% from eight-year highs and 12% in 24 hours, with $113 million in liquidations.Analysts see the pullback as healthy, with $10-$15 upside targets still viable.XRP price is down 12.5% today, dropping in tandem with the broader crypto market, which has slipped 3% in the last 2…

ETH news update: Can SharpLink Gaming, BitMine treasuries send Ether to $4K?

ETH news update: Can SharpLink Gaming, BitMine treasuries send Ether to $4K?

Key point:Ether shows signs of being overbought, but a shallow pullback suggests the bulls are not hurrying to the exit.SharpLink Gaming and BitMine Immersion Technologies have been on an Ether buying spree to take the mantle of the largest public ETH holder. BitMine claimed the top spot after it r…

XRP threatens drop to $3: Will bulls step in to buy the dip?

XRP threatens drop to $3: Will bulls step in to buy the dip?

Key point:XRP’s drop below $3.40 opens the gate for a decline to $3. Would a solid bounce off $3 lead to aggressive buying from bulls?XRP rose to a multi-year high above $3.66 on Friday, indicating aggressive buying by the bulls. That helped XRP’s market capitalization exceed that of the global fas…

Goldman Sachs, BNY to offer tokenized money market funds for clients

Goldman Sachs, BNY to offer tokenized money market funds for clients

Wall Street giants Goldman Sachs and BNY are preparing to offer institutional investors access to tokenized money market funds, which could unlock real-time settlement, 24/7 market access and more efficiencies across capital markets.Clients of BNY, the world’s largest custodian bank, will soon be ab…

The dead don’t spend Bitcoin: How to set up a crypto inheritance plan (before it’s too late)

The dead don’t spend Bitcoin: How to set up a crypto inheritance plan (before it’s too late)

Key takeawaysA crypto inheritance plan is vital because losing private keys or seed phrases can permanently make assets like Bitcoin, Ether and NFTs unrecoverable.A strong inheritance plan includes asset inventories, secure access instructions and a trusted executor, ensuring heirs can safely and le…

The dead don’t spend Bitcoin: How to set up a crypto inheritance plan (before it’s too late)

The dead don’t spend Bitcoin: How to set up a crypto inheritance plan (before it’s too late)

Key takeawaysA crypto inheritance plan is vital because losing private keys or seed phrases can permanently make assets like Bitcoin, Ether and NFTs unrecoverable.A strong inheritance plan includes asset inventories, secure access instructions and a trusted executor, ensuring heirs can safely and le…

Microsoft publishes emergency patches for its SharePoint software amid attacks

Microsoft publishes emergency patches for its SharePoint software amid attacks

Microsoft has published emergency security patches to protect users from zero-day vulnerabilities affecting its SharePoint work management software, the company said on its website. The vulnerabilities, which have led to spoofing attacks that steal sensitive data and passwords, have impacted governm…

 Strategy launches Bitcoin stock pegged at $100 to increase treasury

Strategy launches Bitcoin stock pegged at $100 to increase treasury

Strategy, the world’s largest corporate holder of Bitcoin, is launching a new type of stock offering to raise additional funds for further investment in the cryptocurrency.Michael Saylor’s Strategy announced plans to conduct an initial public offering of 5 million shares of Strategy’s Variable Rate …