Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
Author: Isabella Taylor
Can crypto sustain momentum in August as macro risks, token unlocks, and investor preferences decide how and where money moves? Summary Crypto markets enter August amid a crowded macro calendar, with jobs data, inflation prints, and Jackson Hole remarks expected to guide liquidity sentiment. Token unlocks from Sui, Aptos, and Avalanche could pressure prices, though reduced volumes and changing investor behavior may limit systemic impact. FTX’s $1.9B repayment round may influence flows, with outcomes depending on whether creditors reallocate recovered funds into crypto or exit entirely. Ethereum has outperformed Bitcoin since mid-July, gaining over 40% as capital rotates into altcoins…
PENGU’s price is showing signs of topping off, despite Animoca’s long-term bet on its IP-driven future. Summary Pudgy Penguins rally is showing signs of topping off. PENGU saw almost a 500% rise since late July. Animoca Brands argues for a bullish case for PENGU, beyond crypto. Pudgy Penguins (PENGU) rally is showing signs of a slowdown, despite several long-term bullish developments. On Friday, August 1, the PENGU price was down 7%, amid a broader market downturn. Still, this comes after a major rally, as since late July, the PENGU price has risen by almost 500%, overtaking BONK (BONK) as the…
XRP has pulled back 7.14% from its recent local top, entering a corrective phase after a strong upward move. Despite this retracement, the structure remains bullish as long as key support levels hold. Summary XRP has pulled back and is now approaching key support at $2.80. The $2.80 zone aligns with the 0.618 Fibonacci, value area high, and HTF structure. If support holds, a higher low may form, continuing the bullish trend toward new highs. Following a sharp expansion driven by a reclaim of the point of control, Ripple (XRP) has now rejected from recent highs and is approaching a…
U.S. stock indices fell as weak jobs data spooked investors, despite earnings beats from Apple and Amazon. Summary Dow Jones fell more than 600 points on weak jobs data. Apple stock fell despite strong earnings. Fed may have to lower interest rates to boost hiring. Weak jobs data hit stocks hard, despite improving odds of the Federal Reserve cutting interest rates. On Friday, April 1, the Dow Jones dropped 620 points, or 1.42%, while the S&P 500 lost 1.75%. At the same time, the tech-heavy Nasdaq declined as much as 2.33%. The main driver of the declines was July’s labor…
Subzero Labs is betting that its newly-funded network Rialo, with its native event triggers and Web2-like reactivity, can reverse developer exodus from crypto. If it works, the Pantera-backed network could rewrite the rules of blockchain usability. Summary Subzero Labs has raised $20M led by Pantera Capital to launch Rialo, a new blockchain aimed at solving crypto’s developer retention crisis. Built by alumni from Meta, Netflix, Solana, and Diem, Rialo prioritizes real-world integration with event-driven architecture and native web connectivity. According to a press release dated August 1, Subzero Labs has emerged from stealth with a $20 million funding round led…
AAVE crypto price continued its freefall this week, hitting its lowest level since June 28. The token has entered a local bear market after falling 23% from its July high of $337. Summary Aave crypto has moved into a local bear market after falling by 23% from the July high. The total value locked in the ecosystem surged to a record high this week. Data shows that the fees and revenue in the network is soaring. AAVE crypto price crashed despite booming ecosystem Aave (AAVE), the biggest player in the decentralized finance industry, is firing on all cylinders as its…
Bitcoin slipped under $115,000 on Friday, down nearly 1% on the day. While DeFi tokens are posting gains, several altcoins in the top 100 cryptos posted losses. Five key altcoins that weathered the storm could extend their rally in the coming weeks. Summary Toncoin is up 14% in the last seven days and added over 1% to its value on the day. Story rallied 15% in the same timeframe, erasing nearly 2.5% of its price on Friday. XDC Network is up 16% in the past week and hovers close to $0.10. Cronos added 6% to its value in the last…
Pi crypto price continued its freefall this week, reaching its lowest level since February. Summary Pi token has dropped over 86% from its all-time high, hitting $0.40 amid oversupply and weak demand. Limited exchange listings and failed developer initiatives have hurt adoption, even during the broader crypto bull run. A double-bottom pattern suggests a possible 324% rebound if a Tier-1 exchange listing sparks a short squeeze. Pi Network (PI) token plunged to a low of $0.400 on Friday, down by over 86% from its all-time high. The token has plummeted due to its oversupply and lack of demand among investors.…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Little Pepe nears $13.7m presale goal as Layer-2 tech and DeFi utility set it apart in the memecoin space. Summary LILPEPE nears $13m presale cap, with real Layer-2 tech and meme appeal. $250 in LILPEPE at $0.0017 could 29x if target price of $0.05 is hit. LILPEPE offers tech value, no-code tools, and a $777K token giveaway. What if you could turn a $250 investment into $7,500 in just a few months? With the rise of memecoins and their…
DeFi Development Corp., a public company accumulating Solana as a treasury asset, has announced a major partnership with Solflare as its official wallet provider. Summary Solflare has become the official wallet provider for DeFi Development Corp. DeFi Dev will also adopt the crypto-backed Solflare Card for its employees. DeFi Dev, which has aggressively accumulated Solana (SOL) since announcing its crypto strategy focused on the altcoin, is taking this vision further through a new collaboration with one of the top SOL wallets. The company has signed a letter of intent with Solrise Group, the team behind the Solflare wallet, for strategic…