Crypto

NEAR consolidates within constrained parameters before accelerated institutional selling precipitates breach of critical technical thresholds.

Meme token drops sharply as major traders reduce holdings.

Bitcoin sees rising pressure as long-term holders dump 52K BTC at $118K peak, signaling a shift from accumulation to distribution.

SharpLink Gaming has continued its aggressive Ethereum treasury program, buying 77,209 ETH to reach 438,190 ETH held. Net ATM proceeds of $279.2 M funded the latest purchases, while staking rewards have grown to 722 ETH. Former BlackRock strategist Joseph Chalom has taken the Co-CEO role. The post SharpLink Secures 438K ETH, Spending $290M in Weeklong Buying Spree appeared first on Cryptonews.

ETH continues to show strength with record open interest and high network activity as bulls expect an upside breakout soon. Key takeaways: Ether’s open interest has doubled since June 22 to a record high of $58 billion.  High network activity and a record stablecoin supply signal strong demand. Read more

Backed by Cantor Fitzgerald, Tether and SoftBank, Twenty One Capital now holds over 43,500 BTC, surpassing early projections, according to Bloomberg. Cantor Fitzgerald-backed Twenty One Capital has significantly increased its Bitcoin (BTC) holdings, expanding its treasury beyond the amount announced at launch, highlighting the accelerating race to accumulate the digital asset.  The Bitcoin treasury firm, which launched in April with a mission to amass the digital asset, has added approximately 5,800 BTC from stablecoin issuer Tether, Bloomberg reported on Tuesday. By Bloomberg’s estimation, Twenty One Capital’s total Bitcoin holdings have now reached at least 43,500 BTC, roughly 1,500 BTC more than the company had initially projected. Read more

SharpLink has generated approximately $3 million in rewards from staking its 438,190 Ethereum holdings, according to a company update released on July 29. According to the firm, it has leveraged staking rewards and equity issuance to expand its ETH treasury during the past week. To date, the company has earned 722 ETH, worth around $2.7 […] The post SharpLink’s quest for 1 million Ethereum boosted by $3 million staking yield appeared first on CryptoSlate.

The move is part of the firm's broader push towards enabling 24/7 trading with all kinds of assets using blockchain rails.

BTC price action turns weaker after the Wall Street open, with Bitcoin market participants bracing for lower levels despite bullish US macro data. Key points: Failure to reclaim $120,000 could spell trouble for Bitcoin bulls. Whales appear to be offloading at local highs, creating further hurdles to price upside. Read more

The firm has also generated 772 ETH from staking this year.

Allocate up to 15% of portfolio to BTC & Gold: Dalio. Paypal launches multi-crypto payments. Metamask launches stablecoin yield, SOL staking. Interactive Brokers weighs stablecoin. Strategy upsizes capital raise to $2.8b. Marathon Digital raises $950m debt to buy BTC. BitMine plans $1bn stock buyback. ETH ‘$6k by Christmas’ odds surge. Tron files $1bn mixed shelf offering. Upexi raises $500m to buy SOL. Mill City launches $450m SUI treasury. Nano Labs raises $500m debt to buy BNB. CEA Industries to launch $500m BNB treasury. Bit Origin to raise $500m for first DOGE treasury. SEC delays Grayscale SOL, Truth Social BTC ETF. CoinDCX denies sale talks with Coinbase. FIS, Circle collab to bring USDC payments to banks. EU needs stablecoins to counter US: ECB advisor

Cosmos hits 100-chain milestone as ATOM tests $4.56 support amid sustained selling pressure.

RedStone has launched its Atom oracle, which captures “value at the source, inside the oracle layer itself” and sends the recaptured MEV directly to the protocol. The post RedStone Launches ‘First Oracle with Native Liquidation Intelligence’ appeared first on Cryptonews.

Bitcoin needs to regain momentum with higher trading volumes for BTC to clear the next big hurdle at $120,000 and reenter price discovery. Key takeaways: Bitcoin must take out resistance at $120,000 to trigger a rally to new all-time highs. Spot volume and trading activity must recover for BTC price to break out. Read more

Dogecoin whales bought 130M DOGE during a 15% drop. RSI shows oversold zone as chart signals possible reversal.

The Hong Kong Monetary Authority encouraged firms that are fully prepared to apply for a stablecoin license to do so by the end of September.

Support has been established in the $3.91-$3.93 range, with resistance between $4.03-$4.07.

Pyth Network has launched live, onchain price feeds for 85 major Hong Kong stocks, removing access barriers and enabling real-time financial data integration. Decentralized oracle network Pyth Network has begun publishing real-time, onchain prices for 85 of the most valuable stocks listed in Hong Kong, giving builders and traders worldwide direct access to one of Asia’s most important equity markets. The price feeds are sourced directly from institutional-grade venues and updated every 400 milliseconds across more than 100 blockchains, the project said in an announcement shared with Cointelegraph. “Whether you’re building trading strategies, structured products, tokenized portfolios, or simply want access to real-world stock prices from Asia’s financial gateway, these feeds bring Hong Kong’s equity market onchain openly, instantly, and permissionlessly,” the announcement said. Read more

The next frontier for crypto innovation is clear: Decentralized physical infrastructure networks need a tailored legal framework to unlock their full potential. It’s time for lawmakers to provide regulatory clarity for DePIN. Opinion by: Aaron Basi, head of product at IoTeX With the recent passage of the GENIUS Act, the United States has taken its first real step toward regulating crypto nationally. The bill focuses on stablecoins, establishing reserve rules, audits and authorized issuers. This is a milestone for the industry. If lawmakers want to support the next wave of innovation, they cannot stop here.  One of the fastest-growing sectors, decentralized physical infrastructure networks, or DePINs, still lacks a legal framework . Read more

The combination of Web3 and the influential Model Context Protocol (MCP) might just be a new foundation for decentralized AI, says Jesus Rodriguez, Co-founder of Sentora.