Author: John Smith

Pi Network rallied nearly 300% between April and May 2025. The token is now trading close to its all-time low, with PI changing hands at $0.4158 on Thursday. With the token in free fall, traders are likely rotating capital to other altcoins while waiting for the next altcoin season rally. The token’s July unlock has contributed to rising selling pressure, and the likelihood of recovery remains low. Summary PI Network’s PI token is down to $0.4112 on Thursday, close to its all-time low.  The token could slip lower and hit a record low as technical indicators turn bearish.  PI Network…

TICS, the crypto behind the blockchain protocol Qubetics, crashed after technical issues plagued its airdrop launch. Summary TICS crypto collapsed 97% after botching the airdrop The project blamed an outsourced team for the failure Qubetics claims it’s building a cross-chain Web3 aggregator High-tech blockchain projects are only as strong as the confidence in their technical teams. On Thursday, July 31, the Qubetics (TICS) team addressed the botched airdrop that caused the token to crash 97%. The team acknowledged “critical errors” in the vesting contract during the live airdrop launch. However, the team denied direct responsibility, placing the blame on an…

Fold’s latest play makes Bitcoin as easy to gift as a last-minute birthday card. With Blackhawk’s retail muscle, BTC is now a checkout-line option at over 400,000 stores, transforming crypto from an investment into something users pick up while shopping. Summary Fold partners with Blackhawk Network to distribute Bitcoin Gift Cards across over 400,000 retail locations. The move embeds Bitcoin into familiar consumer channels like gift cards, loyalty programs, and e-commerce. On July 31, Nasdaq-listed Fold Holdings, Inc. announced a partnership with Blackhawk Network, the powerhouse behind branded payment solutions for major retailers, to distribute its Bitcoin Gift Cards across…

Blockstream’s newly launched Simplicity language brings formally verifiable contracts to Bitcoin’s Liquid Network, offering institutions a new logic they can trust. By anchoring to Bitcoin’s UTXO model, it sidesteps the fragility that plagues state-based systems. Summary Blockstream has launched Simplicity, a new smart contract language for Bitcoin’s Liquid Network, emphasizing formal verification and security. Unlike Ethereum’s global state model, Simplicity uses Bitcoin’s UTXO structure to avoid reentrancy and state-based vulnerabilities by design. The language aims to unlock Bitcoin-native use cases such as programmable vaults, stateless DEXs, and institutional custody without third-party bridges. In a press release dated July 31, blockchain…

TRON has pulled ahead of Ethereum in stablecoin activity, processing nearly seven times more daily Tether transactions and surpassing $80 billion in supply by mid-2025. The growth appears to be fueled by gasless transactions and low fees, though concerns persist. Summary TRON now handles nearly seven times more daily USDT transactions than Ethereum, with total USDT supply on the network reaching $80.8 billion in H1 2025. Its rise is fueled by gasless transactions, allowing users to avoid fees through staked resources or app-level sponsorship. While stablecoin use is surging, TRON’s centralized governance and limited DeFi complexity raise questions about long-term…

On Jul. 21, 2025, Strategy offered yet another perpetual preferred stock. It’s called Stretch. It was introduced less than two months after the launch of another Strategy’s perpetual, Stride. Two other perpetuals are Strike and Strife, launched in January and March, respectively. It’s important to realize how different these stocks are and what their differences are from Strategy’s common stock, MSTR. Summary Stretch is the latest of the four preferred stocks issued by Strategy this year It is the first Strategy stock with monthly dividend payouts In the event of a financial shakedown in Strategy, payouts will be sent to…

Kraken reported a robust Q2 2025, with revenue up 18% YoY to $411.6M despite being 13% lower than Q1 due to seasonal slowdown and macroeconomic headwinds. Summary Kraken saw strong YoY growth in revenue, trading volume, funded accounts, and platform assets, driven by new product launches like commission-free equities and tokenized assets. Despite strong YoY growth, revenue and trading volume declined QoQ leading to a sharp drop in adjusted EBITDA due to seasonal slowdown in trading activity and new U.S. tariffs. Crypto exchange Kraken has released its Q2 2025 results, with the standout highlight being its quarterly revenue of $411.6…

BNKR crypto went parabolic after securing a listing on Coinbase. A confirmed breakout from an ascending broadening wedge now points to potential gains of over 60% in the coming weeks. Summary BankrCoin surged over 60% after securing a spot listing on Coinbase’s Base network on July 30. A breakout from an ascending broadening wedge pattern now targets a 60% upside ahead. Rising exchange balances and an overbought RSI still point to a potential short-term correction before the broader uptrend resumes. According to data from CoinGecko, BankrCoin (BNKR) rallied over to an all-time high of $0.00094 on Thursday, July, before settling…

A year after lifting its ban on cryptocurrencies, Bolivia has partnered with El Salvador to advance its digital asset policy and infrastructure. Is Bolivia going all in on crypto? Summary Bolivia signs MoU with El Salvador to cooperate on crypto policy and blockchain regulation. The Bolivian Central Bank describes digital assets as a viable and reliable alternative to traditional currencies. Locals have already started using cryptocurrencies like Bitcoin and USDT. Bolivia, a country grappling with economic instability, and El Salvador, one of the first nations to adopt Bitcoin as legal tender, have joined hands to promote crypto as an alternative…

Nasdaq-listed Fundamental Global is rebranding as FG Nexus as it embraces Ethereum as its core treasury asset. Summary Fundamental Global has launched a $200 million private placement to fund ETH purchases. The company aims to generate staking rewards and gain exposure to tokenized real-world assets. Shares initially surged in premarket but closed the day down 13.7%. On July 30, which was also Ethereum’s 10th anniversary, the North Carolina-based firm announced a sweeping strategic shift aimed at aligning itself with the growing trend of corporate adoption of digital assets, particularly Ether (ETH). Fundamental Global has outlined its intention to adopt Ethereum…