Federal Reserve Chair Jerome Powell’s comments dampened hopes for a September rate cut, which could lead to a slower crypto bull run, one analyst speculates. Source: cointelegraph.com (Read Full Article)
Ether, a ‘90s tech stock’ ends July with biggest gain in 3 years
Ether rose 56% this month in its strongest monthly gain since July 2022 amid strong ETF flows and ETH treasury firm buying. Source: cointelegraph.com (Read Full Article)
Bitcoin miner Phoenix Group launches $150M crypto treasury for BTC, SOL
Phoenix Group launched a $150 million crypto treasury with Bitcoin and Solana, becoming the first Abu Dhabi Securities Exchange-listed company to hold digital assets on its balance sheet. Source: cointelegraph.com (Read Full Article)
'Real fun starts' if XRP price ends July above $3, new analysis says
XRP price needs to beat its January record monthly close above $3.03 for a renewed push toward new all-time highs. Source: cointelegraph.com (Read Full Article)
Philippines to secure government documents on Polygon despite network hiccup
The Philippine government launched a blockchain-based document validation system on Polygon, despite the network suffering a partial outage on the same day. Source: cointelegraph.com (Read Full Article)
Corporate crypto treasury holdings top $100B as Ether buying accelerates
Crypto treasury companies are emerging as a new category, bringing significant liquidity to the crypto industry. Source: cointelegraph.com (Read Full Article)
Push for liquid staking in Solana ETFs gains institutional support
Though it has weighed in on traditional staking, the US Securities and Exchange Commission has not issued guidance on liquid staking. Source: cointelegraph.com (Read Full Article)
ETH recovery outpaces Bitcoin despite constant selling at $4K: Here’s why
ETH’s funding rate turns negative as the price drops below $3,600. The good news is, traders are buying the dip! Source: cointelegraph.com (Read Full Article)
Metaplanet plans to raise additional $3.7B to buy Bitcoin
The Japanese investment company’s stock offering is part of its treasury strategy to acquire 210,000 Bitcoin by the end of 2027. Source: cointelegraph.com (Read Full Article)
Price predictions 8/1: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, XLM, SUI
Bitcoin’s tight consolidation resolved to the downside, but the failure of the bears to sustain the lower levels could push the price to new all-time highs. Source: cointelegraph.com (Read Full Article)