Is Metaplanet In Trouble? Holdings Hit 43,000 BTC as Income Revenue Falls 41% in Q2
Metaplanet added 2,823 BTC to its Bitcoin treasury on July 2, lifting total holdings to exactly 43,000 BTC, while its Bitcoin Income Generation business posted a -41% quarter-over-quarter revenue decline, putting a different kind of pressure on the Tokyo-listed firm’s…
Staking Surge Tightens Supply, But Negative Sentiment Still Dominates Ethereum
Ethereum is having a tough time at the moment, with sentiment at rock bottom, but underlying supply dynamics paint a different picture. Ethereum has a “wall of worry” where negative sentiment is meeting staking absorption, reported CryptoQuant on Tuesday….
Bitcoin miners are selling: is capitulation here?
Public miners have dumped Bitcoin at a record pace, hashprice has collapsed to post-halving lows, and older machines are switching off. That is the textbook definition of capitulation. The harder question is whether it marks a bottom or the start…
Crypto News Today (July 2): BTC Can’t Reclaim $60K, Solana Sets Fresh Network Records, June Crypto Losses Top $76M
In crypto news today (July 2), Bitcoin is sitting at $58,600, down another -1.2% over the past 24 hours as July continues to lean bearish for crypto. However, there was a brief rally overnight, which caused daily liquidations to spike…
Bitcoin Reclaims $60K as SOL, BCH Lead Alts Higher (Market Watch)
Bitcoin managed to bounce from yesterday’s lows, while the majority of large-cap altcoins also turned green despite continued ETF outflow concerns. Bitcoin’s price was able to return above $60,000 today following a volatile 24 hours that saw the asset…
Ripple co-founder’s PAC helps Democrat win Colorado primary
Manny Rutinel has won the Democratic primary for Colorado’s 8th Congressional District, setting up a November race against Republican incumbent Gabe Evans. Summary Manny Rutinel won Colorado’s 8th District Democratic primary and will face Republican Gabe Evans in November. A…
Robinhood launches tradFi perps in Europe, unveils blockchain and AI trading push
Robinhood has launched perpetual futures tied to commodities, ETFs, and currencies for eligible European users. Summary Robinhood added perpetual futures tied to gold, silver, crude oil, ETFs, and currencies in Europe. The company also unveiled Robinhood Chain mainnet, stock tokens,…
BTC Risks Drop Toward $55K After $60K Breakdown
Bitcoin’s battle around the $60K region is entering a decisive phase after sellers are forcing a breakdown below this major support area. With momentum still favoring the sellers, traders are now watching whether demand can prevent a deeper correction toward…
Solana launches onchain governance with validator voting
Solana Foundation has introduced Solana Governance Proposals, a new onchain process for validators to move major network questions into stake-weighted votes. Summary Solana validators can now move core governance questions into stake-weighted onchain votes through SGPs directly. A proposal needs…
Ripple News and XRP Price Update Today: July 1
A closer look at the latest and most important developments surrounding Ripple and XRP. Ripple remains one of the most discussed subjects in the crypto space as the company continues to advance its ecosystem and participate in major initiatives….
