Key takeaways: Fantom Integrates to Sonic (S) Chain On March 25, 2024, Fantom CEO Michael Kong announced the launch of the Sonic mainnet following the completion of its testnet. The proposal included a decentralized bridge to Ethereum for improved security, streamlined staking options, and the introduction of liquid staking. Fantom fully rebranded as Sonic on […] Source: cryptopolitan.com (Read Full Article)
Ethereum’s lost supply reaches a staggering 913,111 ETH
Ethereum’s lost supply has reached a staggering 913,111 ETH, according to Coinbase’s Conor Grogan. The amount, now worth about 0.76% of the circulating supply of Ethereum, was attributed to bugs, incorrect contracts, and mistakes in user activity. The losses exceed $3.43 billion at rates held in its current market of around $3,822. As noted by […] Source: cryptopolitan.com (Read Full Article)
SOL rides Solana treasury interest to $100B market capitalization milestone
Solana got a boost from whale buyers, trading above $190. DeFi Dev Corp. expanded its treasury to 999,999 SOL, while Mercury Fintech announced a $200M financing round to buy SOL. Source: cryptopolitan.com (Read Full Article)
4 Cryptocurrencies to Watch as Smart Whale Opens Massive Long Position
A smart whale opened four positions worth over $120 million cumulatively, longing these four popular cryptocurrencies. Source: cryptopotato.com (Read Full Article)
MoonPay launches TRON wallet for seamless TRX and USDT access
The integration enhances user control and accessibility, potentially driving broader adoption and financial inclusion in the crypto space. The post MoonPay launches TRON wallet for seamless TRX and USDT access appeared first on Crypto Briefing. Source: cryptobriefing.com (Read Full Article)
Volatility calls grow as BTC dominance dips and Bitcoin, altcoin correlation weakens
Bitcoin’s (BTC) dominance has fallen to its lowest level in over a year, recording its steepest weekly drop in three years. The metric that tracks the percentage of the total crypto market cap held by BTC has fallen by 5.8% in just one week, now resting at 59.25%, the biggest drop since June 2022. According […] Source: cryptopolitan.com (Read Full Article)
From DOGE & SHIB to XYZVerse: Here’s Why Pros Are Flocking to the 3,300% Presale Winner
The cryptocurrency arena is witnessing a shift as seasoned investors turn their gaze from familiar meme coins to an emerging powerhouse. A newcomer named XYZVerse is capturing attention with a staggering 3,300% gain during its presale phase. This unexpected surge is sparking curiosity about what makes this digital asset stand out and why it’s attracting […] Source: cryptopolitan.com (Read Full Article)
Strategy, Trump Media, Sequans, Blockchain Group, and Profusa scoop $2.9B BTC off the market
Michael Saylor-led business intelligence firm Strategy, the world’s largest publicly traded Bitcoin holder, has added another 6,220 Bitcoins to its reserves. According to a US Securities and Exchange Commission filing on Monday, the latest purchase was completed during the week ending July 20, at an average price of $118,940 per coin. The acquisition cost a […] Source: cryptopolitan.com (Read Full Article)
Crypto custody giant BitGo confidentially files for US IPO
BitGo’s IPO move could signal increased institutional trust and investment in the crypto sector, potentially driving further market growth. The post Crypto custody giant BitGo confidentially files for US IPO appeared first on Crypto Briefing. Source: cryptobriefing.com (Read Full Article)
Bitcoin’s quantum countdown has already begun, Naoris CEO says
A veteran hacker warns how quantum computing could quietly dismantle the cryptography securing Bitcoin and blockchains. Source: cointelegraph.com (Read Full Article)