Crypto Market Liquidations Reach $450M as Powell Delays Fed Rate Cuts
The crypto market saw liquidations jump to $433 million following the Fed’s decision to keep interest rates steady, with Bitcoin price dropping below $116,000.
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The crypto market saw liquidations jump to $433 million following the Fed’s decision to keep interest rates steady, with Bitcoin price dropping below $116,000.
Dogecoin whales just bought 310 million DOGE in a day and analysts say a 200%+ rally may be next.
With the latest buying spree, these whales are now controlling over two-thirds of the Bitcoin supply.
Bitcoin mining equipment manufacturer Canaan Inc. formally adopts cryptocurrency holding policy designating Bitcoin as primary treasury reserve asset. Company currently holds 1,484 BTC and plans long-term retention unless operational needs require liquidity.
Bitcoin Cash broke above $570 on Wednesday, driven by the largest whale accumulation in weeks. With 66,040 BCH flowing into large holder wallets, the altcoin shows bullish momentum heading into August.
Ethereum maintained its $3,802 price level on July 30 despite broader market weakness, supported by its 10-year anniversary celebrations, SEC approval of ETF in-kind redemptions, and surging institutional demand with BlackRock’s ETF now holding over 3 million ETH.
As anticipation builds for the launch of OpenAI’s groundbreaking GPT-5 model, AI-linked cryptocurrencies like Worldcoin (WLD) are drawing renewed attention from investors.
Solana trades around $180 on Wednesday after dropping from last week’s $200 high, while investors staked 4.1 million SOL in response to SEC’s crypto ETF rule changes.
Coinbase has partnered with JPMorgan Chase to provide integrated credit card services and allow Chase customers to convert rewards points to cryptocurrency starting in fall 2025.
Little Pepe enters the meme coin war with fresh tech, a buzzing presale, and a $777K prize, fueling the comeback.