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Cryptography News
Coindoo
15h
336
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Trump Jr. Puts Millions Into Company Banking on Bitcoin Reserves
- Trump Jr. holds 350,000 shares in a company, reflecting increasing political and institutional interest in the digital asset space.
- Thumzup, the company, has accumulated over 19 BTC worth more than $2.1 million as part of its long-term treasury strategy involving Bitcoin purchases.
- Thumzup aims to raise up to $200 million through debt and equity for further Bitcoin acquisitions and operations expansion, aligning with a trend of firms turning Bitcoin into a hedge against inflation and uncertainty.
- While some caution that companies like Thumzup may struggle in a bear market without strong conviction, Trump Jr.'s involvement and the growing institutional acceptance of Bitcoin through ETFs could impact the company's success in the evolving digital asset space.
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Coindoo
16h
33
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Chainlink Surges Above Key Support, Analyst Eyes $18 Target
- Crypto market analyst Ali suggests a strong rally towards $18 for Chainlink if it maintains above $12.50, based on technical patterns.
- Chainlink is currently trading at $14.28, showing a 3% gain in the last 24 hours and nearly 4% increase over the past week.
- With a market cap of $9.68 billion and a trading volume exceeding $500 million, Chainlink is attracting interest from both retail and institutional investors.
- While the sentiment is bullish due to Chainlink's role in real-world assets and decentralized finance, caution is advised around potential resistance levels near $16–$18.
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Coindoo
16h
264
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BlockDAG Raises $334M Amid U.S. Sponsorship Rumours While SUI Volume & LINK Price Chart Show Bullish Signals
- SUI trading volume surges past $1.48 billion in one day and pushes prices beyond $3, with a daily gain of 4%, positioning itself as a strong contender with growth potential.
- Chainlink (LINK) price chart is getting attention as traders watch for a breakout past $35 that could lead toward $80 based on Fibonacci projections and historical price patterns.
- BlockDAG (BDAG) garners buzz due to potential U.S. sponsorship rumors, achieving a presale climb beyond $334 million, with a projected 3,025% return at the launch price of $0.05, aiming to bring blockchain into real-world spaces.
- These developments put BlockDAG at the forefront as the best crypto for higher returns, with its imminent GLOBAL LAUNCH release on August 11 and unique features like zero gas fees and partnerships with sports and media entities.
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Medium
18h
302
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The AI Emperor’s New Encryption Clothes: How the AI race is Reshaping the E2EE Landscape
- X's owner, Elon Musk, introduced a new version of XChat, emphasizing encryption.
- XChat's encryption architecture was found inferior to Signal by cryptographers.
- The AI integration in Instant Messaging (IM) signifies the future of communication technologies.
- X's strategic move with XChat reflects the growing importance of AI in IM.
- The balance between AI advancements and E2EE privacy is a crucial challenge.
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18 Likes
Coindoo
18h
214
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Chainlink Dominates Developer Interest in RWA Sector, Santiment Finds
- Chainlink leads in developer interest in the RWA sector with a monthly development score of 351.
- Avalanche and Stellar follow with activity levels of 183.4 and 144.6 respectively, exploring RWA use cases like tokenized bonds and stablecoins.
- Other projects like Axelar, IOTA, Injective, Chia Network, Hedera, VeChain, and Centrifuge are also advancing to support asset tokenization and cross-chain functionality.
- Increased GitHub activity in the space reflects growing developer commitment and signals a maturing ecosystem in the market for tokenizing real-world assets.
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Coindoo
18h
243
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BlockDAG’s $0.0016 Locked Price & 3,025% ROI Set It Apart from Ripple & Toncoin as the Best Crypto for the Future
- Ripple (XRP) and Toncoin (TON) are showing strength in their respective markets through global payments, partnerships, and product rollouts.
- BlockDAG (BDAG) stands out with its locked price of $0.0016, offering a potential 3,025% ROI upon listing at $0.05.
- BlockDAG's strategic roadmap, including mainnet deployment, DeFi tools, and major listings, positions it as a promising crypto project for the future.
- Given Ripple's utility, Toncoin's expansion, and BlockDAG's presale success and roadmap, each project presents unique strengths in the crypto space.
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Cryptopotato
19h
138
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Restructuring at Eigen Labs Triggers Workforce Reductions
- Eigen Labs, the company behind Ethereum restaking protocol EigenLayer, has implemented workforce reductions to focus on building and scaling EigenCloud.
- The decision for the restructuring was based on a new company goal of creating the world's first verifiable cloud platform, as communicated by Eigen Labs' CEO Sreeram Kannan.
- Employees affected by the layoffs will receive support including healthcare, accelerated vesting, career assistance, and three months' base pay.
- The restructuring follows a recent $70 million investment from a16z, with the launch of EigenCloud, built on EigenLayer's restaking protocol, offering new fee flows supporting staking.
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Bitcoinmagazine
19h
336
Bitcoin Hits New All Time High at $112,000 As Corporations Buy Record Amounts of BTC
- Bitcoin has reached a new all-time high of $112,000 after a steady climb from $98,000.
- BlackRock's iShares Bitcoin Trust closed at a new ATH of $63.58, holding over 700,000 BTC.
- El Salvador holds over 6,232 BTC in its treasury, with Bitcoin reserves reaching unrealized gains of $400 million.
- Corporations are buying more Bitcoin, with UK and US firms increasing their BTC holdings.
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Coindoo
19h
107
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TRON Founder Backs TRUMP Coin with Massive $100M Bet
- TRON founder, Sun, backs TRUMP coin with a $100 million investment, aiming to position it as a key aspect of his ecosystem growth strategy.
- Sun envisions TRUMP coin as the primary currency for the MAGA movement, now running on the TRON blockchain's efficient infrastructure, blurring the lines between politics and crypto.
- The move by Sun to integrate TRUMP coin into TRON may enhance visibility and usage but also introduces potential risks due to its polarizing branding. Sun remains confident in the long-term impact and hints at further updates and deeper integrations.
- Sun's support for TRUMP coin comes at a time of increasing interest in politically branded tokens, especially with the U.S. presidential race intensifying. The token's value surged to $8.88 following Sun's endorsement, indicating a positive initial market reaction.
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Coindoo
19h
137
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2M+ Users! BlockDAG’s X1 Miner App Shocks Crypto World, While DOGE Price Jumps & Pi Network Dips
- Dogecoin's surge and community support position it as a top crypto for 2025.
- Pi Network faces challenges with sell pressure and increasing supply, despite potential.
- BlockDAG X1 Miner app gains popularity, attracting 2M+ users with easy mining.
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8 Likes
Coindoo
20h
25
Image Credit: Coindoo
SPX6900 Breaks Out With 10% Surge, Eyes New All-Time High
- SPX6900 is currently trading at $1.48, marking a 10% surge in the last 24 hours and a 14% increase over the past week, with a trading volume exceeding $106 million.
- Crypto analyst Bluntz identified a potential accumulation breakout pattern on a chart, suggesting SPX6900 may be entering a bullish wave three phase, hinting at a new all-time high.
- Despite starting as a meme token inspired by a fake S&P 500 ticker, SPX6900 has become a popular speculative asset, reflecting the demand for narrative-driven tokens amidst market volatility.
- While SPX6900 is experiencing rapid growth, analysts caution that it remains a high-risk, low-fundamentals token typical of speculative breakouts.
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1 Like
Coindoo
20h
330
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Arctic Pablo Coin Races Toward $0.008 Listing – Final Chance to Grab 4M+ Tokens at Presale Price as Brett and Floki Catch Fire
- Arctic Pablo Coin (APC) emerges as a promising meme token with potential.
- APC's presale offers high ROI, innovative community competitions, and solid utility.
- Floki experiences trading surge while Brett shows resilience and steady growth.
- Investors urged to seize the opportunity before APC's presale phase concludes.
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19 Likes
Coindoo
20h
44
Image Credit: Coindoo
Here Are the Top 5 Crypto Gainers Today as Altcoins Bounce Back
- Stellar (XLM), Lido DAO (LDO), and dogwifhat (WIF) are the top crypto gainers today, each climbing over 10% in daily performance.
- Stellar (XLM) leads with a 11.68% surge to $0.2859, while Lido DAO (LDO) follows closely with an 11.11% increase at $0.8006.
- dogwifhat (WIF) and Pepe (PEPE) both posted a 10.95% gain, with WIF priced at $0.946 and PEPE at $0.00001124.
- Raydium (RAY) also saw a 10.66% jump, trading at $2.51, signaling confidence in decentralized exchanges and Solana-based ecosystems.
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Coindoo
20h
104
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Bitcoin Hits Record High Above $112K, Triggers $226M in Liquidations
- Bitcoin reached a record high above $112,000, leading to over $226 million in liquidations within 24 hours, predominantly from short positions.
- The surge in Bitcoin's price signals a bullish market trend, raising its market capitalization above $2.2 trillion and driving trading volume past $55.6 billion.
- The sharp increase in Bitcoin's value has squeezed bearish traders, with significant liquidations emphasizing the rapid shift in sentiment within leveraged environments.
- Analysts warn of continued volatility despite the positive momentum, as evidenced by nearly $500 million in liquidations across the broader cryptocurrency market, emphasizing the importance of risk management.
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Coindoo
21h
286
Image Credit: Coindoo
Top Crypto Trader Michaël van de Poppe’s Portfolio Down 65%—Here’s What He’s Holding
- Crypto trader Michaël van de Poppe's portfolio is down by approximately 65% from its peak as per his recent social media post.
- Van de Poppe's portfolio includes a mix of safer, lower-volatility assets like Celestia, Optimism, Sei, and Bittensor, connected to the Ethereum and blockchain ecosystems.
- On the higher-risk side, he holds assets such as Wormhole, Omni Network, Renzo, Aevo, and Rocket Pool, reflecting his interest in DeFi infrastructure and emerging Ethereum-based technologies.
- Despite the current drawdown, van de Poppe adjusts his portfolio monthly and sees potential upside of 100% to 120% if the market recovers to previous highs.
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