Blockchain analytics platform Bubblemaps raised concerns about Rugproof, a self-described Solana-based launchpad that claims to protect investors from rug pulls. Ironically, Bubblemaps alleged that the project may be orchestrating the type of exploit it claims to prevent. On Monday, the analytics platform shared information about the project, saying someone had built an allegedly “Rugproof Launchpad”…
BitMine Immersion Technologies dipped nearly 27% despite a “chairman’s message” from FundStrat’s Tom Lee to bolster confidence in the Ethereum treasury company. BitMine on Monday announced the new “The Chairman’s Message” monthly series, which is designed to give an insight into BitMine’s broader crypto plan. During the presentation, Lee talked about the firm’s long-term Ether…
Key takeaways: ETH futures and options data show no signs of defensive positioning despite Ether’s 7-month price high. Ether ETF inflows and corporate holdings signal growing conviction from institutional investors. Ether (ETH) price fell 4% after briefly touching $3,940 on Monday. This drop aligned with the broader cryptocurrency market correction, suggesting that no ETH-specific factors…
Key takeaways: SOL futures and funding rates show moderate optimism, but no strong bullish positioning yet. Network activity and ETF anticipation support upside, but confidence among big players remains muted. Solana’s native token, SOL (SOL), rallied 28% in three weeks, creating some positive momentum after nearly two months of bearish price action. The move has…
Key takeaways: Record Ethereum ETF inflows and accumulation by ETH corporate treasuries can drive demand to break $4,000. Rising network activity and Ethereum TVL metrics signal strong demand. ETH bull flag breakout targets $5,000. Ether (ETH) is approaching a critical juncture as it nears the $4,000 resistance level, a barrier it has failed to breach…
Key takeaways: Whales continue to accumulate XRP, creating a steady tailwind for price. XRP price must hold a key support level to continue climbing toward $4, analysts say. XRP (XRP) price displayed strength on Monday, rising 2% over the last 24 hours after traders adjusted to last week’s sell-off, coinciding with a 50 billion XRP…
Binance co-founder Changpeng “CZ” Zhao’s reported BNB holdings have rocketed past an estimated value of $75.8 billion as the token breached new all-time highs on Monday. BNB (BNB) tapped a new high of $850.70 on Monday, according to Nansen. Analysts said token burns, rising chain metrics and whale activity could be reasons for the price…
Bitcoin mining firm BitMine Immersion Technologies has bought up over $2 billion of Ether in just 16 days, retaking the lead among a flurry of newly formed Ether treasury companies. BitMine said in a statement on Thursday that in the last 16 days, it had bought up 566,776 Ether (ETH), worth over $2.03 billion. Tom…
Update (July 25, 12:10 pm UTC): This article has been updated to correct information related to Ethereum-issued RLUSD and rectify previous information about EVM sidechain-issued RLUSD. Ripple USD, a stablecoin issued by XRP coin issuer Ripple, was initially marketed as an “enterprise-focused” stablecoin but has since gained traction among retail users. Ripple officially introduced its…
XRP price fell by 10% as whales sold and wider market liquidations spread to the altcoin. Source link
