ETH, ADA, XRP Surge in U.S. Tuesday Trade

Altcoins added to their rally during late Tuesday U.S. afternoon hours after Treasury Secretary Scott Bessent suggested the Federal Reserve should consider a 50 basis point rate cut at its upcoming September meeting. “The real thing now to think about is should we get a 50 basis-point rate cut in September,” Bessent told Fox News….

Grayscale Launches Two Trusts Linked to Sui Ecosystem Protocols

Grayscale announced the launch of two single-asset trusts linked to the Sui ecosystem on Tuesday amid a recent surge in activity on the network. According to an announcement, the two trusts are investment vehicles that provide accredited investors exposure to the native tokens of DeepBook (DEEP) and Walrus (WAL). The move comes almost a year…

BTC Holding $118K Extends Altcoin Season Rally Odds

Key points: Bitcoin finds support at lower levels, but may face strong selling in the $120,000 to $123,218 zone. Net Ether ETF inflows of more than $1 billion on Monday suggest solid institutional demand.  Bitcoin’s (BTC) strong rejection near the all-time high of $123,218 signals that bears are unlikely to surrender without a fight. BTC’s…

Ethereum Surges Toward New Record as Corporate ETH Adoption Gathers Pace

Key points: Ether gains nearly 6% on the day as BitMine ups its ETH accumulation plans to nearly $25 billion. Chairman Tom Lee gets Michael Saylor comparisons as analysis says ETH price action is “defying gravity.” Bitcoin continues to range below $120,000, shrugging off cool US CPI data. Ether (ETH) neared $4,500 Tuesday as major…

Ethereum Surges Toward New Record as Corporate ETH Adoption Gathers Pace

Key points: Ether gains nearly 6% on the day as BitMine ups its ETH accumulation plans to nearly $25 billion. Chairman Tom Lee gets Michael Saylor comparisons as analysis says ETH price action is “defying gravity.” Bitcoin continues to range below $120,000, shrugging off cool US CPI data. Ether (ETH) neared $4,500 Tuesday as major…

Skynet 1.0, Before Judgment Day

Opinion by: Phil Mataras, founder of AR.io  Artificial intelligence in all forms has many positive potential applications. However, current systems are opaque, proprietary and shielded from audit by legal and technical barriers.  Control is increasingly becoming an assumption rather than a guarantee. At Palisade Research, engineers recently subjected one of OpenAI’s latest models to 100…

Is $30 XRP Price Realistic This Bull Cycle?

Key takeaways: XRP (XRP) has rallied by more than 550% since November to over $3 on Tuesday. The cryptocurrency’s sharp gains have prompted technical analyst Gert van Lagen to predict a broader uptrend toward $34 this bull cycle. XRP/USD daily price chart. Source: TradingView Is it realistic for XRP to hit $30 and higher levels?…

BitMine to raise $24.5B, Sharplink completes $389M stock sale

The corporate Ether acquisition race is accelerating as the world’s two largest Ether treasury firms are raising capital to acquire more of the world’s second-largest cryptocurrency, which is nearing its previous all-time high. Public Bitcoin (BTC) mining firm BitMine Immersion Technology is looking to raise $24.5 billion through a new at-the-market (ATM) stock sale offering…

BitMine to raise $24.5B, Sharplink completes $389M stock sale

The corporate Ether acquisition race is accelerating as the world’s two largest Ether treasury firms are raising capital to acquire more of the world’s second-largest cryptocurrency, which is nearing its previous all-time high. Public Bitcoin (BTC) mining firm BitMine Immersion Technology is looking to raise $24.5 billion through a new at-the-market (ATM) stock sale offering…

Monero Sees Hiccups as Qubic Likely Succeds in 51% Attack

The privacy-focused cryptocurrency Monero has suffered a major disruption, with 60 mined blocks discarded from its blockchain in the past 24 hours amid an ongoing attempted 51% attack by the Qubic network. The Monero Consensus Status dashboard shows Monero saw 60 orphaned blocks (valid blocks that were rejected) in the last 720 blocks. The disruption…