A naukri.com initiative
Cryptography News
Zycrypto
1h
74
Image Credit: Zycrypto
Novogratz’s Galaxy Offloads $105M in Ethereum for Solana
- Mike Novogratz's Galaxy Digital has sold around $105 million worth of Ethereum and shifted its focus to Solana amidst concerns over Ethereum's scalability and competition.
- Galaxy Digital deposited 65,600 ETH ($105.48M) to Binance and withdrew 752,240 SOL ($98.37M) from Binance in the past 2 weeks.
- Solana's decentralized exchanges have surpassed Ethereum's trading volume in the last three months, with 224 million active Solana addresses compared to Ethereum's 79 million.
- Galaxy Digital is becoming more involved in Solana's protocol governance, proposing systems like 'MESA' to address inflation control.
- The crypto industry is seeing a sentiment shift towards Solana due to its performance and scalability compared to Ethereum.
- Solana overtook Ethereum in monthly DEX volume in July 2024, emphasizing the growing competition between the two platforms.
- Ethereum is attempting to improve scalability with proposed changes to its proof-of-stake consensus mechanism by Vitalik Buterin.
- At present, Solana is trading at $146.65, up 0.52% in the last 24 hours, while Ethereum sits at $2,518, down 0.40% in the same period.
Read Full Article
4 Likes
Coindoo
1h
280
Image Credit: Coindoo
Web3 ai at $0.000443 Gains Traction with $8M Presale as DOGE Eyes $0.18 and Cardano Expands Utility
- Web3 ai, priced at $0.000443, is gaining traction with an $8 million presale, offering utility-driven models and AI-integrated crypto tools.
- Cardano's latest update focuses on expanding its Web3 capabilities through initiatives like hackathons, aiming to challenge Ethereum in the layer-1 category.
- DOGE shows potential for a price surge past $0.18, with technical signals pointing to a bullish breakout pattern forming.
- Web3 ai, unlike trend-focused DOGE and infrastructure-centric ADA, is developing AI tools like an ICO & Token Sale Advisor for assessing new offerings.
- Web3 ai's AI-powered tools provide comparison systems to evaluate project credibility and activity across multiple platforms, offering practical user insights.
- With over $8 million raised, Web3 ai offers more than just a presale at a price point under $0.001, positioning itself as a valuable option for early adopters.
- While ADA and DOGE enjoy recognition, Web3 ai stands out for its practical applications and structured tools in the evolving crypto market.
- Web3 ai's emphasis on real solutions and AI integration makes it a contender for those seeking value and utility in the crypto space.
- Web3 ai's ICO & Token Sale Advisor tool offers insights into critical metrics, project teams, sentiment analysis, and delivery milestones, aiding users in decision-making.
- Despite DOGE's meme appeal and ADA's infrastructure updates, Web3 ai focuses on developing practical tools for long-term value and utility.
Read Full Article
16 Likes
Coindoo
1h
187
Image Credit: Coindoo
Hyperliquid Price News Highlights $1.89B Surge as Solana Holds $145, but Unstaked’s $5 Forecast & Utility Steal the Spotlight
- Solana's price remains stable above $145, while Hyperliquid experienced an 8% increase to $44 before dipping back to $42.
- Unstaked introduces a token model focused on real-world utility, with each AI agent requiring $UNSD for operation, leading to increased scarcity through adoption.
- Unstaked aims to hit a $5 price post-launch by creating constant demand and reducing circulating supply as more agents go live.
- The project's unique approach positions it as a promising long-term investment option, distinct from speculative tokens in the market.
- Unstaked, currently in presale Stage 21 at $0.011739 per token, has already raised over $10 million with a launch value set at $0.1819.
- The project's fair launch system and real-use value proposition make it an attractive option for those seeking sustainable growth in the crypto space.
- Solana's price analysis indicates cautious optimism with steady support above $145, waiting for potential momentum to surpass $150 and target $162.
- Hyperliquid's price surge is driven by strong buyback mechanisms, with HYPE hovering around $42 and eyeing resistance levels at $44 and potentially $50.
- Hyperliquid has seen a surge in trading activity and open interest, reaching $1.89 billion, supported by consistent buybacks enhancing upward price pressure.
- Both Solana and Hyperliquid exhibit strength in their respective price actions, while Unstaked offers a fundamentally distinct investment opportunity with real-world utility and scarcity-driven growth potential.
Read Full Article
11 Likes
Cryptopotato
1h
67
Image Credit: Cryptopotato
Tether Assists DOJ in $225M Stablecoin Seizure Linked to ‘Pig Butchering’ Scam
- Tether assisted the U.S. Department of Justice in seizing $225 million in USDT linked to a 'pig butchering' scam, a global fraud scheme.
- The collaboration with Tether involved freezing the funds using blockchain tracing tools to prevent access to illicit assets.
- Tether has frozen over $2.7 billion in USDT associated with suspicious activities and works with numerous enforcement agencies globally.
- In past cases, Tether aided in freezing $23 million in USDT connected to a sanctioned Russian exchange and disrupting over $100 million in illicit funds.
- CEO Paolo Ardoino highlighted Tether's commitment to user protection, regulatory compliance, and transparency in the crypto industry.
- Tether is supporting compliance efforts, particularly the GENIUS Act, which mandates freezing illegal activity-linked funds for U.S. dollar-pegged stablecoins.
Read Full Article
4 Likes
Zycrypto
1h
192
Image Credit: Zycrypto
Stablecoins Can Strengthen Dollar Dominance, Says U.S. Treasury Secretary Bessent
- U.S. Treasury Secretary Scott Bessent believes stablecoins will enhance the U.S. dollar's global dominance.
- Bessent stated that stablecoins could become significant buyers of U.S. Treasurys, potentially securing dollar supremacy.
- He defended cryptocurrencies against skeptics who view them as a threat to the U.S. dollar, calling digital assets crucial and ignored by governments.
- The U.S. Senate passed a bill paving the way for regulated, dollar-backed stablecoins, with President Trump endorsing it to make the U.S. a leader in digital assets.
- Trump urged House lawmakers to swiftly pass the stablecoin bill, aiming to advance pro-crypto legislation.
- Major companies like JPMorgan Chase, Apple, Bank of America, Walmart, and Amazon are eyeing the stablecoin sector, potentially leading to a market worth trillions.
- Bessent predicts the stablecoin market could reach $3.7 trillion by the decade's end.
Read Full Article
11 Likes
Coindoo
2h
110
Image Credit: Coindoo
Coinbase’s 11% Surge Reinforces Confidence as Qubetics, BNB, and Solana Stand Among Top Coins to Join Today
- Coinbase stock surged over 11%, signaling a positive shift in digital assets amid macro pressures and selloffs.
- Qubetics, BNB, and Solana are emerging as top coins to watch, with Qubetics praised for revolutionary utility applications.
- Qubetics stands out for its non-custodial multi-chain wallet, addressing the complexity of managing digital assets across networks.
- The Qubetics presale is structured for potential long-term ROI, attracting attention for its fixed tokenomics and rising momentum.
- BNB Chain leads in DeFi trading volume, showcasing dominance with a 42% share and active user engagement.
- Solana-backed firm, DePIN, enters public markets, highlighting Solana's institutional ambitions and blockchain integration with traditional finance.
- Qubetics, BNB, and Solana represent diverse visions for the future of crypto, each excelling in practical usage, public market strategy, and unique infrastructure, respectively.
- As the market evolves post-Coinbase surge, projects like Qubetics with controlled supply, accessible tech, and early adoption continue to gain prominence.
- Qubetics offers a non-custodial wallet, limited token supply, and early traction, positioning it as a top coin with significant Web3 potential.
- Solana's expansion into public equities and BNB's dominance in DeFi reinforce their positions as significant players in the evolving crypto landscape.
Read Full Article
6 Likes
Coindoo
3h
137
Image Credit: Coindoo
16 Billion Login Credentials for Major Online Platforms Leaked in Massive Data Breach
- 16 billion login credentials for major online platforms have been leaked in a massive data breach.
- A report by Cybernews discovered 30 unreported data sets containing millions to billions of user credentials, with only one set previously disclosed.
- The breach occurred due to unsecured Elasticsearch databases and cloud object-storage services.
- The incident is described as "humongous" and poses a risk for mass exploitation by cybercriminals.
- The leaked data can be used for targeting traditional platforms and crypto wallets.
- The crypto community is on high alert, given the risk of phishing attacks, account hijacking, and fund theft.
- Users are advised to change passwords, enable 2FA, use password managers, and monitor accounts for suspicious activity.
- Experts warn that the full impact on the crypto space may take weeks to surface.
Read Full Article
8 Likes
Coindoo
3h
154
Image Credit: Coindoo
BlockDAG’s Early On-Chain Use and $312M Presale Challenge Ethereum’s Support and HYPE’s Rally Strength
- Hyperliquid shows resilience amid market excitement, maintaining strength post-pullback.
- Ethereum is holding crucial support near $3,350, with significant exchange outflows indicating sustained interest.
- BlockDAG differentiates by allowing early access for users to test dApps, stake, and engage with the chain before public launch.
- A 40% airdrop of BDAG coins pre-launch enables holders to participate in on-chain activities and earn rewards.
- BlockDAG's successful metrics, including raising over $312 million and substantial coin sales, position it prominently in the market.
- Hyperliquid's price action signals a potential breakout, with support at $37 – 38 and technical indicators indicating upward movement.
- Ethereum's stability around $3,350 is reinforced by the departure of $393 million worth of ETH from exchanges, suggesting long-term confidence.
- Analytics predict a positive trend continuation for Ethereum if it sustains above $3,350, supported by decreasing exchange balances.
- BlockDAG's approach of prioritizing utility pre-launch sets it apart from traditional presales, emphasizing active user engagement and functional ecosystem.
- The strong combination of early rewards, real utility tools, and consistent delivery make BlockDAG a noteworthy project in the crypto sphere.
Read Full Article
9 Likes
Zycrypto
59m
132
Image Credit: Zycrypto
Is Ripple’s XRP Repeating Its 2017 Breakout? Here’s Why A 548% Meteoric Rise To $14 Is Likely
- Ripple's XRP price is potentially poised to rally towards $14, a 548% increase, if a 2017-like technical setup unfolds.
- XRP's current technical setup resembles its price action in 2017, where it surged over 1,200% following a breakout from a bull pennant.
- A popular analyst predicts a rebound for XRP if historical patterns repeat, with a potential breakout towards $14.
- Bull pennants, like that forming for XRP, suggest bullish continuation after price consolidation, pointing towards an upward breakout.
- The analyst sees similarities between the current XRP chart and the 2017 rally, indicating a potentially significant price surge.
- A bull pennant breakout could drive XRP's price to $14, representing a 548% increase from current levels.
- XRP's optimistic technical setup is supported by speculation around a spot XRP ETF and increased whale wallet holdings.
- The Purpose XRP ETF (XRPP) is set to start trading on June 18, with potential U.S. spot fund approvals on the horizon.
- The rise in whale wallets holding large XRP amounts suggests growing confidence in the cryptocurrency's future price potential.
- Over 2,700 whale & shark wallets now hold at least 1M XRP, indicating significant investor confidence.
- Active XRP addresses have surged, averaging over 295,000 per day in the past week, signifying increased network participation.
- These bullish fundamental and technical factors could contribute to a potential XRP price surge towards $14 if historical patterns repeat.
- XRP's price outlook remains optimistic despite geopolitical uncertainties and market volatility in the crypto space.
- Theoretical calculations based on the bull pennant breakout suggest a significant 548% price rally for XRP if the pattern plays out.
- Overall, XRP's potential rally towards $14 is backed by both technical and fundamental factors, creating optimism among investors.
Read Full Article
7 Likes
Zycrypto
1h
263
Image Credit: Zycrypto
Millionaire XRP Holders Reach Historic Peak While Ripple-SEC Battle Enters Unexpected Phase
- The XRP ledger has seen a surge in daily active wallet addresses, reaching 295K per day, marking a 743% increase over the past week.
- 2,708 unique wallet addresses are now holding at least 1 million XRP tokens for the first time in over 12 years, reflecting increased interest and activity among XRP whales.
- The growth in XRP usage and key stakeholders paints a bullish picture for the token amid the ongoing legal battle between Ripple and the SEC.
- Ripple and the SEC have filed a status report with the Second Circuit Court, requesting a hold on appeals until August 15th, showing an unexpected turn in the legal proceedings.
- Pro-crypto attorney Bill Morgan commented on the development, noting that the SEC's request for an additional 60-day abeyance is not surprising.
- Despite mild losses of over 5% from the previous week, XRP bulls have managed to keep the asset above the $2 price mark, with the current price at $2.16.
- The XRP ledger's growth in active addresses and whale holdings signifies renewed interest in XRP amidst the legal uncertainties surrounding Ripple's battle with the SEC.
- Ripple's ongoing legal battle with the SEC has entered an unexpected phase with a request for appeals to be put on hold until mid-August.
- XRP's resilience above the $2 price level indicates investor confidence despite recent price fluctuations.
- The surge in XRP wallet activity and increased number of large holders indicate a positive sentiment towards the digital asset.
- The XRP ledger's recent milestones highlight a potential positive trajectory for the token amid market volatilities and regulatory challenges.
- XRP's price stability above $2 showcases investor support for the token amidst broader market fluctuations and regulatory uncertainties.
- XRP's resilience amidst market fluctuations and legal uncertainties underscores its significance in the digital asset landscape.
- The surge in XRP wallet activity and whale holdings signifies growing confidence and interest in XRP's potential.
Read Full Article
15 Likes
Coindoo
1h
242
Image Credit: Coindoo
Binance Futures Adds NEWTUSDT Perpetual Contract with AI-Powered Rollup Focus
- Binance Futures has added a NEWTUSDT perpetual contract with up to 5x leverage.
- The contract aims to cater to emerging technology sectors such as AI.
- Newton Protocol (NEWT) integrates AI with blockchain through a secure rollup architecture.
- NEWT has a total supply of 1 billion tokens and focuses on AI-driven trading strategies.
- The NEWTUSDT perpetual contract is USDⓈ-margined and settled in USDT, with funding fees settled every four hours.
- During the pre-market phase, the mark price is based on a rolling 10-second average of recent trade prices.
- Once a stable index price from spot market data is established, the contract will transition to a standard perpetual format.
- Binance advises users on the risks associated with the Newton Protocol, stating that some features are still under development.
Read Full Article
14 Likes
Bitcoinmagazine
1h
28
Semler Scientific Appoints Joe Burnett as Director of Bitcoin Strategy, Targets 105,000 BTC by 2027
- Semler Scientific appoints Joe Burnett as Director of Bitcoin Strategy and announces a Bitcoin accumulation plan.
- The company aims to hold 10,000 Bitcoin by 2025, 42,000 by 2026, and 105,000 by 2027.
- Semler recently acquired 185 Bitcoin, totaling 4,449 BTC worth around $446.2 million.
- The company has seen significant BTC yield and gain since adopting the Bitcoin Standard in May 2024.
- Joe Burnett, with previous experience in Bitcoin market research and mining, joins Semler's team.
- Semler's Bitcoin strategy involves using funds from equity, debt financings, and operational cash flows.
- The company has raised $136.2 million through stock sales and acquired 4,449 Bitcoin for $410.0 million.
- Semler aims to grow their Bitcoin holdings using various financial sources.
- Joe Burnett highlights the global trend of adopting Bitcoin for corporate treasuries.
- Semler continues to be a part of the movement towards Bitcoin adoption.
- Semler's chairman expresses enthusiasm towards Joe's role in advancing their Bitcoin strategy.
- The company aims to provide long-term value to stockholders through its Bitcoin treasury strategy.
- Semler reports a year-to-date BTC yield of 26.7% as of June 3, 2025.
- The announcement marks Semler's focus on expanding its Bitcoin holdings and maximizing yield.
- The company's overall Bitcoin target is aligned with the increasing trend of Bitcoin adoption in corporate treasuries.
Read Full Article
1 Like
Coindoo
1h
3
Image Credit: Coindoo
Avalon Could Be the Last Cheap Entry Before Arctic Pablo Hits $0.1 – The Best Crypto Coins to Buy Also Include Dogecoin and Purple Pepe
- Arctic Pablo Coin, Purple Pepe, and Dogecoin are highlighted for their unique offerings in the crypto market.
- Arctic Pablo Coin (APC) leads with innovative burn and staking features, setting itself apart from the rest.
- Purple Pepe achieves a significant DeFi milestone and plans cross-chain yield farming partnerships.
- Dogecoin regains traction after a celebrity endorsement, leading to increased trading volume and exchange interest.
- APC's presale strategy involves weekly token burns, attractive APY staking opportunities, and location-based pricing.
- Avalon, APC's 28th stage, offers potential investors a unique opportunity with high ROI projections.
- The momentum behind Avalon's closing phase and its scarcity model spark urgency for potential investors.
- The combination of deflation, staking rewards, and a narrative-driven approach make APC a strategic investment option.
- The article emphasizes securing a position during the Avalon phase and considering APC for portfolio diversification.
- Arctic Pablo Coin, Purple Pepe, and Dogecoin are recommended as top crypto investments due to their individual strengths and developments.
Read Full Article
Like
Coindoo
2h
103
Image Credit: Coindoo
Public Firms Turn Into Bitcoin Vaults as Crypto Strategy Goes Mainstream
- Public companies are transforming into Bitcoin vaults as a mainstream crypto strategy.
- This movement represents a significant shift in financial engineering according to Presto's Head of Research, Peter Chung.
- These companies aim to maximize shareholder value by leveraging volatility and drawing inspiration from pioneers in the field.
- Many firms are converting operational entities into digitally-focused holding vehicles backed by sophisticated U.S. capital markets.
- They are utilizing various financing tools like private placements, ATM offerings, convertible debt, and perpetual preferred shares to build up their crypto holdings.
- Critics warn of potential bubble dynamics, but Chung argues that managing liquidity and capital efficiently is crucial for risk management.
- Successfully executing this crypto strategy could lead to soaring net asset value multiples for companies, rewarding efficient capital structuring and long-term crypto exposure.
- However, companies that falter may face sharp valuation penalties, similar to traditional market dynamics based on earnings growth and capital discipline.
- The trend of public firms transforming into crypto treasury engines could be a defining financial story of the decade.
Read Full Article
6 Likes
Coindoo
3h
291
Image Credit: Coindoo
Lending TVL Hits Record $55.7B
- Aave v3 achieves a new record Total Value Locked (TVL) of $26.09 billion, marking a 55% increase in two months from $16.87 billion on April 1.
- Year-to-date, Aave v3 has grown by over 32%, starting 2025 with $19.72 billion in TVL.
- Aave's fee generation has significantly risen, reaching around $1.6 million in daily revenue in June, an almost 80% increase from April's $900,000 average.
- The surge in revenue is attributed to increased borrowing activity and higher protocol usage across various chains.
- AAVE token has surged by over 65% in the last three months, surpassing Bitcoin's 26% gain, indicating investor confidence in DeFi lending protocols.
- The robust TVL growth signifies a new wave of DeFi momentum, reflecting increased institutional activity and liquidity on-chain, with Aave v3 leading the lending sector's resurgence.
Read Full Article
17 Likes
For uninterrupted reading, download the app