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Author: John Smith
Hedera Hashgraph is showing early signs of weakness after rejecting from key resistance and losing structural support. A deeper correction to $0.18 could provide the foundation for a bullish reversal. Summary HBAR was rejected from the value area high and lost $0.26 key support. Price could correct to $0.18 — a confluence of point of control and 0.618 Fibonacci. Failure to reclaim resistance keeps HBAR rangebound between $0.12 and $0.26. Hedera Hashgraph (HBAR) has lost momentum following a rejection from the value area high and is now trading below a critical level at $0.26, a key former support that has…
Nature’s Miracle became the first firm to hold XRP as a core treasury asset, and not just as a test. Summary Nature’s Miracle adopts XRP as its treasury reserve. The company will acquire up to $20M in XRP Funding will come from an equity sale to GHS Investments XRP (XRP) has gained significant recognition from the corporate sector. On Wednesday, July 23, Nature’s Miracle Holding Inc. announced the establishment of a corporate XRP treasury with up to $20 million in assets. The company will fund this acquisition through equity financing from GHS Investments, based on a Form S-1 registration that…
Stocks rallied in early-morning trading on Wednesday, with the Dow Jones Industrial Average adding more than 200 points at the open. Investors appeared to welcome President Donald Trump’s announcement that the U.S. had reached a trade deal with Japan. The Dow Jones Industrial Average rose nearly 240 points, and the S&P 500 inched higher by 0.4% to extend gains at its record highs. Optimism of potentially more trade agreements ahead of Trump’s Aug. 1 tariffs deadline also saw the Nasdaq Composite edge up, adding a modest 0.16% in early trading. ‘Never been anything like it,’ Trump boasts With corporate earnings,…
Has Russia turned Kyrgyzstan’s booming crypto market into a backdoor for moving funds? A new report sheds light on how Kyrgyz-registered exchanges are helping Russian networks evade sanctions. Summary TRM Labs says Kyrgyzstan-based crypto exchanges are helping Russian networks to reroute funds. Kyrgyzstan’s crypto industry is thriving with billions in transactions, but weak oversight leaves it vulnerable to misuse. The Russian ruble-backed stablecoin A7A5 and shell VASPs tied to sanctioned groups are at the center of this growing sanctions evasion network. According to TRM Labs, Kyrgyzstan’s crypto industry has exploded from near-zero to billions in activity since passing its “On…
As stablecoin adoption grows more mainstream, so do the security risks associated with them. Which tokens are leading the race in terms of security? Summary Tether’s USDT holds the top spot among major stablecoins based on the Skynet scoring system. Security incidents in the crypto space have led to major drops in stablecoin value, most of which are related to exploits and price depegs. The first half of 2025 saw a surge in stablecoin use cases, with a monthly settlement volume rising by 43% to $1.39 trillion. According to the security firm, this rapidly increasing growth in adoption hides the…
Citigroup claims to be exploring stablecoin adoption amidst accelerated regulations in the United States and Hong Kong to accommodate. How far are they willing to dive? Summary Citigroup seeks to offer stablecoins services and provide on-ramp and off-ramp services for clients. Banks are growing more eager to pursue stablecoin services as regulatory terms become clearer in regions like Hong Kong and the U.S. Major financial institutions are now seeking opportunities to benefit from the current stablecoin wave that’s been sweeping the globe. Companies in Hong Kong and the United States have expressed interest in issuing their own stablecoins pegged to…
BitMine has secured a major capital infusion from ARK Invest, which has acquired $182 million worth of BitMine equity across multiple ARK funds. According to a July 22 statement, the deal involved 4.77 million shares purchased via a block trade linked to BitMine’s ongoing at-the-market program. The company stated it plans to deploy 100% of the $177 million in net proceeds to purchase Ethereum (ETH). The move expands ARK Invest’s exposure to crypto-native stocks, aligning with CEO Cathie Wood’s prior investments in Bitcoin (BTC), artificial intelligence, and blockchain infrastructure companies. BitMine’s chairman, Tom Lee of Fundstrat, called Wood’s participation a…
With 999,999 SOL now locked in its treasury, DeFi Dev Corp. is quietly becoming one of Solana’s largest institutional holders. The company is staking, validating, and compounding its way into the network’s core infrastructure. On Monday, July 21, DeFi Dev Corp. (Nasdaq: DFDV) disclosed that it had amassed 999,999 SOL, just one token shy of the psychologically significant million-SOL mark. The milestone follows an aggressive $19 million buying spree between July 14 and July 20, funded partly through an equity line of credit. The milestone follows an aggressive $19 million buying spree between July 14 and July 20 at an…
Elon Musk’s Tesla diner is now serving up burgers and futurism in Hollywood. However, patrons noticed the absence of Dogecoin payments, despite his earlier endorsement, turning what could’ve been a crypto milestone into a missed opportunity. The grand opening of Tesla’s long-hyped “retro-futuristic” diner in Hollywood unfolded Monday afternoon with all the usual Musk theatrics: a 4:20 p.m. unlock time, robots behind popcorn machines, and Cybertruck-shaped trays. The crowd, which had gathered at the Santa Monica Boulevard diner hours before opening, cheered as Tesla’s chief designer, Franz von Holzhausen, unlocked the doors. For Dogecoin (DOGE) loyalists, the fanfare rang hollow.…
The Spark token price spiked to a record high this week, continuing a trend that started on July 9 when it crashed to an all-time low. Spark (SPK) soared to $0.096 at last check Tuesday from an all-time low of $0.0467. This surge happened in a high-volume environment, with its trading volume exceeding $1.28 billion. Spark price jumped as third-party data showed that its network growth was accelerating. According to DeFi Llama, its total value locked crossed the important milestone of $8 billion for the first time ever. Spark’s TVL has jumped by 38% in the last 30 days, making…