Market narrative
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South Korean exchange Upbit has reorganized 864 billion SHIB between internal wallet addresses, creating a large on-chain movement that looks
Crypto
Cryptocurrencies are a relatively new development that are dramatically changing the way money is used. Banks have historically been at the center of money movements, but risk being cut out by cryptocurrencies.
Unibase climbed 15.83% after its AI agent ranking, with technicals and exchange flows supporting bullish sentiment.
Solana memecoin platform Pump.fun reportedly terminated over 40 employees shortly before their token allocations vested. The cuts stripped staff of $PUMP tokens, leaving at least one former employee without a seven-figure payout.
Former Pump.fun workers say they got pushed out roughly two months before their PUMP token grants were due to vest — and then watched the company's own team
Avalanche staking value has reached about $204.
The dip in Bitcoin and stalled legislation highlight growing uncertainty and regulatory challenges, impacting investor confidence and market stability. Bitcoin falls below $63,000 amid Coinbase earnings disappointment and stalled crypto legislation.
Pump.fun is facing renewed criticism after anonymous posts on X claimed to represent more than 40 former employees who allege they were dismissed without receiving the full value of their promised token allocations. The Solana-based memecoin launchpad has not publicly responded to the allegations.
The XRP Ledger (XRPL) is preparing for its next major software upgrade, with RippleX Head of Product Jazzi Copper revealing five proposed amendments expected to be included in the upcoming xrpld 3.3.0 release. While the software is anticipated to launch next week, the new features will only become active after receiving approval from XRPL validators.
Solana (SOL) remains trapped in a narrow trading range after failing to extend its July recovery, with the cryptocurrency fluctuating between $73 and $75. While sellers have eased their pressure compared to earlier this year, buyers have yet to reclaim key technical levels needed to confirm a sustained bullish reversal.
Cardano (ADA) continues to recover from months of heavy selling pressure, but the cryptocurrency has yet to confirm a full bullish reversal. Trading around $0.168, ADA has stabilized after defending a critical support zone near $0.15, giving investors hope that the worst of the recent decline may be over.
Zcash (ZEC) has entered a pivotal technical phase after surrendering part of its strong July rally, with the cryptocurrency now testing key moving-average support that could determine its next major move. At the time of writing, ZEC is trading near $457, down from its recent local high of around $580.
Dogecoin (DOGE) remains under heavy bearish pressure, with the popular meme coin trading near its yearly lows after failing to sustain a recovery above $0.11 in May. At the time of writing, DOGE is hovering around $0.069, just above a key psychological support level that could determine its next major move.
Bitcoin (BTC) is closing July with stronger-than-expected performance despite mounting macroeconomic and industry-specific challenges. Although the leading cryptocurrency slipped below $63,000 on Friday, trading around $62,900 after a 3% daily decline, it remains up roughly 7.5% for the month, demonstrating resilience in a volatile market.
Avalanche's Team1 Accelerator has awarded a $30,000 grant to YourGrails, a platform focused on tokenizing physical trading cards, adding another small
Coinbase's temporary transaction delays highlight the critical need for robust integration layers to ensure seamless crypto asset management. Coinbase reports delayed MultiversX transactions for some users.
An attacker exploited weak seeds generated by certain Coldcard hardware wallets to steal bitcoin worth roughly tens of millions from hundreds of addresses on July 30.
Aave governance is reviewing a request for final comment that would wind down six lower-adoption V3 markets and offboard dozens of reserves, as the
A flaw in Coldcard seed generation reduced entropy on multiple models and firmware versions, leading to the theft of 594 BTC from 500 addresses. The post Galaxy Digital Says $70,000,000 Drained From Bitcoin Holders in Coldcard Wallet Exploit appeared first on The Daily Hodl.
With little sign of a significant reversal, Dogecoin is still struggling under ongoing bearish pressure as it trades close to yearly lows. DOGE has been steadily declining since failing to maintain its recovery above $0.11 in May.
