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Author: Isabella Taylor
PENGU’s rally has reversed with a 17% weekly loss, as on-chain data points to one insider-linked wallet offloading over $17 million worth of tokens to exchanges since July. Summary PENGU is down 17% in a week as a wallet linked to the deployer sent over $17M worth of tokens to exchanges. Technical indicators show early signs of weakness, with a bearish MACD crossover and falling RSI. Despite the correction, long-term trend lines remain bullish, supported by high trading volume. The Pudgy Penguins (PENGU) token has declined sharply in recent days, falling 6.5% in the last 24 hours to $0.03533. Over…
Robinhood’s cryptocurrency business generated $160 million in revenue for Q2 2025, nearly doubling from $81 million in the same period last year. Summary Robinhood reported $160M in Q2 crypto revenue, up 98% YoY but down 36% QoQ. Bitstamp acquisition and staking services expand crypto infrastructure. Overall Q2 revenue grew 45% YoY to $989M, with strong user growth. According to a July 31 report by Yahoo Finance, this marks a 98% year-over-year increase. It also reflects a 36% decline from the $252 million posted in Q1 2025, highlighting the impact of market-wide slowdowns and geopolitical tensions on crypto activity. Crypto trading…
Cboe BZX Exchange and NYSE Arca have submitted proposals to the U.S. Securities and Exchange Commission that would allow crypto exchange-traded funds to list under a standardized framework. Summary Cboe BZX and NYSE Arca filed proposals to allow crypto ETFs to list without individual 19b-4 approvals. The SEC recently approved in-kind ETF redemptions, indicating support for crypto fund reforms. Coordinated efforts from the SEC, Congress, and the White House signal growing regulatory clarity. The proposed rule changes aim to eliminate the need for case-by-case approvals through the 19b-4 process, which often extends up to 240 days. ETF analyst Nate Geraci…
The Pi crypto value price has crashed for two consecutive months and is hovering near its all-time low of $0.3983. Summary Pi Network price has plunged in the last two straight months. The network will unlock millions of tokens in August. Technicals suggest that the token will jump during the month. Pi Network (PI) was trading at $0.4185 on Wednesday, July 30, down by over 86% from its all-time high. Pi Network to unlock 160 million tokens The Pi crypto value has been in a free fall in the past few months as the mainnet launch momentum faded. It also…
A week ago, the price of the CCD token surged from around $0.004 on July 20 to approximately $0.0119 by July 22, following the announcement of its listing on the Kraken exchange. As of July 29, the price has pulled back noticeably — but where is it headed next? In this article, we’ll take a closer look at the Concordium price prediction to get a sense of what might be in store for this token moving forward. Summary Concordium spiked in July 2025 after a Kraken listing, but has since seen a short-term correction Analytical sites offer a wide range…
Bitcoin’s stable position between $118,000 and $120,000 has provided a supportive environment for altcoins to recover and gain momentum. Currently, we are witnessing a pullback due to the Bitcoin (BTC) dominance finding support; however, analysts expect that we can see an altcoin rally yet again in August. Summary Amid Bitcoin stability, altcoins such as BONK, PENGU, PEPE, and DOGE are showing promise. With Bitcoin hovering between $118K and $120,000, August is a good month for speculative investments. Top picks with bullish potential: XRP gains from practical use and legal clarity, while Ethereum and Chainlink provide solid fundamentals and usefulness. In…
SHIB’s open interest just shed over $100 million in days, marking one of its steepest pullbacks since mid-July, after briefly peaking at $328 million. With Shibarium’s TVL dwindling and broader memecoin sentiment cooling, traders are questioning whether burns alone can reignite momentum. Summary Shiba Inu price fell nearly 9% this week amid a $100 million drop in open interest. Shibarium’s total value locked sank to $1.76 million, down over 70% from late 2023. The memecoin’s reliance on token burns is being tested as market preferences shift toward utility-driven projects. On July 30, Shiba Inu’s (SHIB) price slid to $0.00001266, marking…
Jamie Dimon once called Bitcoin a “hyped-up fraud.” Now, his bank is rolling out direct fiat-to-crypto rails with Coinbase. The move signals a seismic shift in how Wall Street’s biggest players view digital assets. Summary JPMorgan and Coinbase are partnering to allow direct bank-to-wallet crypto transfers, loyalty point conversions, and credit card funding. The move marks a major reversal from CEO Jamie Dimon’s earlier anti-Bitcoin stance and signals Wall Street’s deeper integration with crypto. On July 30, JPMorgan Chase and crypto exchange Coinbase announced a partnership that effectively stitches traditional banking into the crypto economy. The deal gives Chase customers…
xTAO Inc. announced a significant expansion of its holdings of the Bittensor token, in a bet on AI infrastructure. Summary xTAO revealed it is the biggest holder of TAO The firm is betting on AI infrastructure on-chain Big cash reserves enable it to acquire more TAO Companies are increasingly betting on the convergence between AI and blockchain. On Wednesday, July 30, xTAO revealed that it holds a total of 41,538 Bittensor (TAO) tokens. According to the firm, these assets make it the biggest corporate holder of the AI-focused TAO token. According to the firm, the TAO treasury will enable it…
A tale of two strategies is emerging in crypto’s smart money circles. Ethereum maintains its institutional stronghold with $1.6 billion in SPAC backing, while simultaneously, nimble capital tests the waters with SOL’s comeback narrative and under-the-radar movers like SKY and BONK. Summary Smart money is doubling down on ETH via derivatives and staking, driven by the $1.6B Ether Machine SPAC. Capital is rotating into SOL, UNI, ONDO, BONK, and SKY, reflecting renewed appetite for high-conviction altcoin narratives. According to the latest Bybit Smart Money report shared with crypto.news on July 30, sophisticated investors are executing a dual-track strategy: deepening exposure…