Bitcoin Miners Are Selling Again: Here’s How Much BTC Was Reportedly Offloaded
Bitcoin’s price recovery to over $64,000 could be in trouble as the backbone of the entire network and ecosystem has gone on a substantial selling spree. Data from Lookonchain shows that two of the largest BTC miners, namely MARA and…
Sui targets 2027 mainnet rollout for native quantum safe account authentication
Sui has added two NIST-approved post-quantum signature schemes to its blockchain roadmap as it prepares optional quantum-safe accounts and vaults for future network upgrades. Summary Sui plans to add two NIST approved post quantum signature schemes for accounts and smart…
CLARITY Act Stalls in Senate as Political Divisions Push Crypto Bill Into September
The Senate shelved its landmark crypto bill before recess. The industry’s biggest legislation has faced yet another setback. The US Senate will not take up the crypto market structure bill before lawmakers leave Washington for the month-long recess, pushing…
Ondo founder’s mother seeks CEO ouster in Delaware
Ondo Finance is facing a corporate control battle in Delaware after Kathleen Allman, mother of late founder Nathan Allman, sued to remove Ian De Bode as chief executive and establish authority over the company. Summary Kathleen Allman seeks control of…
3 AIs Speculate Which Will Perform Best in the Next Bull Market
According to Gemini, PI has the potential to skyrocket by 100x, but only under specific conditions. Ripple’s cross-border token has fallen by 65% over the past year, while Pi Network’s PI and Cardano’s native cryptocurrency have crashed by around…
Rarible launches on Solana with Claynosaurz NFTs
Rarible has launched its NFT marketplace on Solana after months of development, naming Claynosaurz as its first featured collection. Summary Rarible is now live on Solana following several months of building and testing. Claynosaurz became the marketplace’s first featured Solana…
Analyst Forecasts Ethereum Rally to $3K After Key On-Chain Breakout
Martinez expects the next test to come around $1,980 and $2,080 before Ethereum challenges higher resistance levels. Crypto analyst Ali Martinez said on August 6 that Ethereum’s recent move above a major MVRV pricing level could open the way…
Canaan taps $130M crypto reserve for stock buybacks
Canaan has authorized management to sell part of its Bitcoin and Ethereum holdings to finance share repurchases under an existing $30 million program. Summary Canaan’s crypto treasury was worth about $130 million as of Aug. 3. The miner held 1,915…
PEPE Supply on Exchanges Just Took a Massive Hit
A drop in PEPE exchange balances has added to bullish expectations despite muted trader interest. PEPE recorded a net exchange outflow of 4.54 trillion tokens in a single day, which was the meme coin’s largest daily outflow from exchanges…
Bitcoin price slips below $65K after US jobs data
Bitcoin fell below $65,000 on Thursday after stronger-than-expected U.S. jobless claims data reinforced concerns that the Federal Reserve could keep interest rates elevated. Summary Bitcoin traded at $64,384, down 0.69% after failing to close above $65,000. Initial U.S. jobless claims…
