The Bank of England is considering dropping the digital pound project, following stalled efforts in the US and South Korea.
For the first time in three years, Elon Musk’s SpaceX made a massive Bitcoin transaction.
SOL has gained over 33% in July, outperforming both Bitcoin and Ethereum as the crypto market enters uncharted territories.
Nasdaq-listed GameSquare Holdings acquired $30 million worth of Ethereum and expanded its crypto investment authorization to $250 million. The company plans to leverage DeFi protocols for yield generation while building NFT portfolios.
XRP price rallied 3% to $3.70 on Monday as banking associations formally opposed Ripple’s federal trust bank application, requesting regulatory delays for public scrutiny.
Dogecoin rallied 7% to $0.28 following Bit Origin’s disclosure of purchasing 40.5 million DOGE tokens at $0.2466 average cost as part of its new Treasury Strategy backed by $500 million capital facility.
Cardano’s ADA token jumped to a four-month high of $0.92 following founder Charles Hoskinson’s announcement of an independent treasury audit to address fraud allegations involving 318 million ADA tokens.
Strategy added 6,220 Bitcoin for $740 million as price traded at new highs, and coincides with insider share sales from executives.
Profusa has secured $100 million to create a Bitcoin treasury strategy, while Mercurity Finance successfully raised $200 million with Solana Ventures.
Bitcoin may be gearing up for a major revaluation, as PlanB’s S2F model suggests the asset is 10x undervalued compared to gold despite being twice as scarce.
Ether Machine will be listed on Nasdaq with more than 400,000 Ethereum (ETH) on its balance sheet, offering a unique boost to the price of ETH.
Lost Ether has reached over 913,000 ETH, showing the impact of user errors and network changes on Ethereum’s supply.
Conflux (CFX) rallied over 100%, reaching $0.22 and surpassing a $1 billion market cap, driven by strong investor interest.
Digital asset products saw weekly inflows of $4.39 billion, bringing year-to-date (YTD) inflows to $27 billion as interest in Bitcoin, Ethereum, and Solana continues to grow.
Solana price has reached $190, sparking excitement among investors and the broader cryptocurrency market as $300 target comes into view.