Browsing: btc news

The AIXBT agent on the Virtual Protocol platform has launched its major Indigo upgrade to deliver deeper market insights and more accurate trading signals. Summary The Indigo upgrade enhances the agent’s ability to analyze sentiment, whale movements, and token valuations.Terminal access to Indigo is priced at 600,000 AIXBT tokens or $200 per month.AIXBT token trades at $0.12, 87% below its ATH reached in January. The Aixbt (AIXBT) agent—an on-chain signal tool runni

INJ price is approaching key support near $12.20, presenting a potential buy-the-dip opportunity with technicals pointing to a possible 105% breakout toward $25. Summary INJ price has pulled back nearly 20% from its recent $16.35 high, now nearing the $12.20 support zone.The $12.10–$12.20 area aligns with the 50-day SMA and prior resistance, now acting as support.A confirmed bounce and breakout above $16.00 could trigger a measured move targeting $25 — a 105% gain from

Helium’s HNT token has lost 36% of its value since hitting $4.03 in mid-July, trading at $2.95 on ahead of it’s third halving. Summary HNT falls 36% from July peak ahead of Helium’s August 1 halving, with the token now 94% below its all-time high.The halving cuts daily emissions by 50% to 20,548 HNT and introduces new governance and reward requirements via veHNT delegation.Market signals remain mixed, with a 31% rise in trading volume but falling open interest and bear

The Bitcoin network is expanding on an industrial scale, with power-hungry mining rigs driving energy consumption to unprecedented highs even as the flow of transactions slows to a trickle. Yet, the network seems to be under tension as rising hashrate and infrastructure collide with weak fee revenue and rare mempool clearings that leave miners earning little beyond the block subsidy. Summary Bitcoins mining network is growing into an energy-intensive giant, drawing more

The Hong Kong stablecoin bill officially takes effect. Financial authorities say they will start granting stablecoin issuer licenses early next year. Heres everything we know about the bill. Summary Hong Kongs stablecoin bill comees into effect on August 1, marking its historic debut.Stablecoin issuer licenses are expected to be granted by the HKMA starting early 2026. The license allows companies to issue stablecoins pegged to the HKD and USD as well as offer stablecoi

PLUME crypto could be headed toward a 40% rally as smart money accumulation intensifies, as its dominance in the RWA sector is on the rise. Summary Smart money wallets increased PLUME holdings by 56% in the past 30 days.A falling wedge pattern has formed on PLUME’s daily chart, with price nearing a breakout at the 50-day moving average. According to on-chain data from Nansen, wallets tagged as “smart money”, including high-performing funds, early adopters, and active

Crypto hacks and security threats are escalating again, with hackers stealing over $140 million across multiple platforms in July alone.  Summary Crypto platforms lost over $142M in July across 17 confirmed hacks.Attackers are laundering funds faster, often within minutes.CoinDCX and GMX were among the month’s largest exploit targets. According to data shared by blockchain security firm PeckShield on Aug. 1, total losses hit $142 million last month, up 27% from $111.

At least seven asset managers have filed amended registration statements for their proposed spot Solana ETFs with the U.S. Securities and Exchange Commission as potential approval draws closer.As of August 1, firms including Bitwise, Canary Capital, Fidelity, CoinShares, Grayscale, Franklin Templeton, and VanEck have submitted updates to their S-1 registration statements.What is an amended S-1 registration?For those unaware, an S-1 is a document filed with the SEC that companies use to register

U.K fintech company Valereum Plc is raising funds to establish its Bitcoin treasury reserve, following many other companies that have jumped on the BTC band wagon. Summary Valereum Plc plans to raise £500,000 to purchase BTC for its reserve strategy.Its stock price dipped 4.35% following news of the BTC treasury, unlike past corporate BTC treasury adoption news on the market. On August 1, the fintech company announced that it will be aiming to raise £500,000 by issui

IMX price faces the risk of dropping to the key $0.35 support level as the upcoming token unlock adds pressure to an already bearish technical setup. Summary IMX price has pulled back 25% from its July high, breaching the 20-day EMA and nearing the 50-day SMA support.A descending triangle pattern with $0.35 support increases the risk of further bearish breakdown, especially with the August 8 token unlock releasing 24.52 million IMX tokens.Holding $0.35 and breaking abov