Author: Benjamin Lee
Tether CEO Paolo Ardoino says the company behind the leading stablecoin is aiming to expand its offerings in the US. In a post on the social media platform X, Ardoino unveils the company’s plan for one of the world’s top financial markets as the stablecoin issuer releases its quarterly attestation for Q2 2025. “USDt growth is accelerating, leading the market with a 100B delta with the second-largest stablecoin. In the upcoming quarter Tether will focus on a new venture in the US, to build a best-in-class product suite (stablecoins plus more), designed for the specific, already highly efficient, market.” According…
Two decentralized science altcoins are wavering after gaining support from Coinbase, the top US-based crypto exchange platform by volume. In a new thread on the social media platform X, Coinbase announced the addition of two decentralized science (DeSci) protocols – Bio Protocol (BIO) and ResearchCoin (RSC) – to its suite of crypto products. Following the announcements, the tokens both fell in price. “ResearchCoin [and] Bio Protocol [are] now live on http://coinbase.com and in the Coinbase iOS and Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” BIO is trading for $0.0612 at time of writing,…
A closely followed crypto analyst says that one metric suggests Bitcoin (BTC) may decline to under $110,000 after losing a key support level. In a new thread, crypto trader Ali Martinez tells his 145,400 followers on the social media platform X that Bitcoin may decline more than 7% from its current value as the flagship crypto asset declines along with the broader financial markets. The crypto analyst looks at the Unspent Transaction Output (UTXO) Realized Price Distribution (URPD) model to determine the key support levels. The UTXO keeps track of the number of existing coins that last moved within a…
XRP price fell 7% in the past 24 hours amid a broader crypto crash to touch lows of $2.90. Daily trading volume jumped 28% to $8.2 billion as panic selling spread. XRP’s technical outlook suggests further price declines. Ripple’s XRP is one of the top losers in the leading cryptocurrencies by market segment as the cryptocurrency market faces fresh turbulence. Amid a broader crypto downturn, the XRP price has fallen 7% in the past 24 hours to touch lows of $2.90. This decline below the key level of $3.00 comes as Bitcoin hovers below $115k after another aggressive sell-off, with…
Solana has fell 7.6% in the past 24 hours to touch lows of $166. The technical outlook on the daily chart shows price is taking on a bearish flip. Bulls bouncing amid crypto recovery could target $200. Solana has experienced a 7.6% dip in the past 24 hours to touch lows of $166, with declines coming amid widespread selling across crypto. But as the volatility prompts some investors to take profits, bulls are likely eyeing the downturn as a buying opportunity. Here’s a look at the technical picture for SOL. Solana drops to key support level As highlighted, Solana’s price…
A closely followed crypto analyst says that one metric is signaling Bitcoin (BTC) may surge to a massive new all-time high. In a new thread, crypto trader Ali Martinez tells his 145,200 followers on the social media platform X that, based on the short-term holder (STH) cost basis model, Bitcoin may increase more than 19% from its current value. The STH cost basis model is an on-chain metric that estimates the average price at which short-term Bitcoin holders acquired their coins. The metric can be used to spot potential entry and exit points. “As long as the $105,450 support holds,…
The top US-based crypto exchange platform Coinbase is adding support for one Ethereum (ETH)-based science research token. In a new thread on the social media platform X, Coinbase says it’s adding ResearchCoin (RSC), the native asset of a science-based research blockchain co-founded by Coinbase chief executive Brian Armstrong, to its suite of crypto products. “Coinbase will add support for ResearchCoin on the Base network… Trading will begin on or after 9AM PT on 31 July 2025, if liquidity conditions are met. Once sufficient supply of this asset is established trading on our RSC-USD trading pair will launch in phases.” News…
Memecoin price rose 29% in 24 hours to hit highs above $0.0023. Daily volume spiked 600% as MEME jumped amid a technical breakout. Altcoins are bullish and an anlyst says MEME price could surge 690%. Memecoin (MEME), a meme token of the Memeland platform, has surged by 29% in the past 24 hours. This sudden price surge, which has come amid a notable spike in trading volume, has MEME trading at levels that might see bulls take further control. While profit taking remains a potential setback, bullish momentum is largely in place as the broader cryptocurrency market gets a boost…
Grayscale Investments has launched the Grayscale Story Trust to offer accredited investors exposure to IP token. Grayscale’s announcement saw IP price jump 12% to hit highs of $6.41. Bulls could target a new all-time high. Grayscale Investments, the world’s leading digital asset management firm, has launched a new crypto investment product, the Grayscale Story Trust. The product, announced on July 31, 2025, is designed to offer accredited investors access to a digital asset product allowing for exposure to Story Network’s native token IP. Grayscale launches Story Trust On July 31, 2025, Grayscale announced the launch of its Grayscale Story Trust,…
Sui gained 7% in the past day to $3.94 intraday high. A massive unlock on August 1 sparks fears of potential bearish pressure. Holdings above $0.275 could support imminent breakouts. Digital currencies saw mild gains on Friday as the global crypto market cap increased by 0.55% the previous 24 hours to $3.9 trillion. While most alts signal recoveries, SUI led today’s gainers with an over 7% surge to $3.94. The uptrend has excited enthusiasts who are watching for new breakouts. Nevertheless, the upcoming $173 million SUI unlock on August 1 has dented investor confidence due to potential selling pressure after…