Shiba Inu shows potential for a 500% increase due to a breakout. Key profit zones exist at $0.000081 and $0.00011532, requiring market de-consolidation. Continue Reading: Shiba Inu Surges: Embrace a 500% Potential Upswing The post Shiba Inu Surges: Embrace a 500% Potential Upswing appeared first on COINTURK NEWS .
Recently, altcoins have experienced significant volatility, led by Ethereum (ETH). As ETH approaches the critical threshold of $4,000, altcoins have also seen significant gains. While there was a cooling period in the market after this rapid rise, Swiss cryptocurrency bank Sygnum Bank said that the altcoin season may be near. According to Cointelegraph, Sygnum Bank said in its recently published Q3 2025 Investment Outlook Report that improved regulatory clarity, increased liquidity, and rising on-chain activity could trigger a long-awaited altcoin season. Analysts emphasized that previous cryptocurrency bull cycles followed a predictable pattern, with Bitcoin leading the way, followed by altcoins later in the cycle. They noted that this pattern has changed in the current cycle, noting that this cycle is no longer following this pattern due to changes in market structure and a lack of user interest, and is more focused on BTC. The approval of Bitcoin ETFs during this cycle has caused Bitcoin's dominance to rise to levels not seen in recent years. This, according to analysts, has further overshadowed altcoins. However, analysts noted that the recent decline in BTC dominance suggests the long-awaited altcoin season may be upon us. They also added that investment in altcoins could increase as cryptocurrency regulations become clearer. Referring specifically to the recent surge in institutional demand for Ethereum, Sygnum analysts said that ETH has definitively broken its long-term downtrend and completely escaped the prolonged bear market. Analysts recently noted that while indices are still far from signaling an altcoin season, the decline in Bitcoin's dominance has bolstered hopes for an altcoin season. Sygnum also added that the altcoin season will be slower and much quieter than previous cycles. The shift from Bitcoin to altcoins was a hallmark of past crypto bull cycles and was widely expected in the current cycle as well. However, unusually strong Bitcoin drivers and changes in market structure, where traditional financial institutions play a much larger role, have delayed the altcoin season and will likely keep it much quieter than in past cycles. *This is not investment advice. Continue Reading: Giant Bank Says "Ethereum (ETH) Has Now Recovered from the Drop!" Announces Expectations for the Altcoin Season!
With the Trump administration set to release its audit of government-held digital assets, could on-chain proof deliver the radical transparency promised?
BitcoinWorld Polygon Network Faces Shocking Hour-Long Block Production Halt The world of decentralized finance thrives on continuous uptime and seamless operations. So, when news broke that the Polygon network , a prominent scaling solution for Ethereum, experienced an unexpected hour-long halt in block production, it naturally sent ripples through the crypto community. This incident underscores the critical importance of network stability in the fast-paced blockchain ecosystem and prompts a deeper look into what exactly happened and why it matters. What Exactly Happened During the Polygon Network Halt? On a recent day, community members began reporting an unusual silence on the Polygon network . For approximately one hour, the network, which is designed to process transactions rapidly, ceased generating new blocks. This effectively meant that new transactions could not be processed, and the chain’s state remained static during this period. The reports initially surfaced on Polygon’s official forums and across social media channels, as users and developers noticed their transactions pending indefinitely and dApps failing to update. At the time of the initial reports, there was no immediate official explanation provided by the Polygon team regarding the cause of the outage. This lack of immediate clarity often fuels speculation and concern within a decentralized community that values transparency and responsiveness. While an hour might seem brief in traditional terms, in the context of a blockchain designed for continuous operation, it represents a significant disruption. Users relying on the network for time-sensitive transactions, DeFi interactions, or NFT trades would have felt the direct impact of this unexpected pause. Why Is a Block Production Halt on the Polygon Network So Significant? A blockchain network’s primary function is to process and record transactions in an immutable, continuous ledger. When block production halts, this fundamental process stops. For the Polygon network , a Layer 2 solution built to enhance Ethereum’s scalability, such an event carries particular weight: Disruption to Decentralized Applications (dApps): Thousands of dApps, from DeFi protocols to gaming platforms, rely on Polygon for their operations. A halt means these applications become unresponsive, leading to frozen funds, failed transactions, and a poor user experience. Loss of Trust and Confidence: Reliability is paramount in blockchain. Even a brief outage can erode user and developer trust, potentially leading them to seek more stable alternatives. This is especially true for institutional investors or large enterprises considering blockchain adoption. Economic Impact: For users with active trades, liquidity provisions, or time-sensitive operations, an unexpected halt can lead to financial losses or missed opportunities. For instance, if a user needed to execute a trade to avoid liquidation, a network pause could be disastrous. Centralization Concerns: While most blockchains strive for decentralization, a network halt can sometimes highlight dependencies or potential single points of failure, even if unintended. The speed and transparency of the resolution process become key indicators of decentralization and resilience. This incident serves as a stark reminder that even robust blockchain systems are not immune to technical challenges, and continuous vigilance is necessary to maintain their integrity and performance. How Does the Polygon Network Maintain Uptime and What Went Wrong? The Polygon network operates on a Proof-of-Stake (PoS) consensus mechanism, relying on a distributed set of validators to propose and validate new blocks. This design inherently aims for high availability and fault tolerance. Validators stake MATIC tokens as collateral and are incentivized to keep the network running smoothly. If a validator misbehaves or goes offline, their stake can be slashed, encouraging good behavior. In a healthy PoS network, if one validator node experiences an issue, others should seamlessly take over block production. A complete halt suggests a more widespread issue affecting a significant portion of the validator set or a critical component of the network’s core infrastructure. Common causes for such incidents in blockchain networks can include: Software Bugs: A newly discovered bug in the network’s client software or a recent upgrade could cause unexpected behavior across multiple nodes. Consensus Mechanism Glitches: Issues within the algorithm that dictates how validators agree on the next block can lead to a deadlock. Infrastructure Issues: Problems with underlying cloud providers, hardware failures, or network connectivity across multiple data centers. Coordination Failures: In rare cases, a lack of synchronized updates or patches among validators can lead to a chain split or halt. While the exact root cause for this specific Polygon network halt was not immediately disclosed, such incidents typically trigger an intensive investigation by the core development team and the broader validator community to identify, diagnose, and rectify the problem. The goal is always to restore service as quickly and safely as possible, often through coordinated software updates or a restart of affected services. What Are the Actionable Insights for Users and Developers on the Polygon Network? For users and developers operating within the blockchain space, incidents like the Polygon network halt offer valuable lessons and actionable insights: Diversify Your Portfolio and Strategies: Relying solely on one network for critical operations carries inherent risks. Users and developers should consider diversifying their assets and dApp deployments across multiple robust blockchain networks to mitigate single-point-of-failure risks. Stay Informed: Follow official channels (e.g., Polygon’s Twitter, Discord, forums) for real-time updates during network anomalies. Quick access to accurate information can help in making timely decisions. Understand Network Risks: No blockchain is entirely immune to downtime or bugs. Users should always be aware of the inherent risks associated with using decentralized technologies, especially when dealing with significant funds or time-sensitive transactions. Prepare for Contingencies: Developers should build their dApps with resilience in mind, incorporating error handling for network unavailability and potentially exploring multi-chain strategies or fallback mechanisms where feasible. This incident, while disruptive, also highlights the resilience of decentralized communities. The rapid reporting by users and the eventual resolution, even if delayed, demonstrate the collective effort involved in maintaining these complex systems. Looking Ahead: Ensuring Stability and Transparency for the Polygon Network The hour-long halt in block production on the Polygon network serves as a potent reminder of the challenges and responsibilities inherent in operating a large-scale blockchain. While the immediate impact was temporary, such events underscore the continuous need for robust infrastructure, diligent maintenance, and transparent communication from development teams. As blockchain technology matures, the focus on uptime, security, and decentralization will only intensify. Users and developers alike expect a high degree of reliability from the networks they choose to build on and interact with. The Polygon team’s response to this incident, including their investigation and any subsequent measures to prevent recurrence, will be crucial in reinforcing confidence in the network’s long-term stability and its commitment to the decentralized ethos. Ultimately, every incident, whether minor or significant, offers an opportunity for learning and improvement. The collective experience of the community and the dedication of the core teams are vital in ensuring that the future of decentralized finance remains resilient and trustworthy, even when faced with unexpected bumps in the road. Frequently Asked Questions (FAQs) Q1: What does it mean for a blockchain network to ‘halt block production’? A1: When a blockchain network halts block production, it means that new transactions cannot be processed, and no new blocks are being added to the chain. The network effectively stops operating until the issue is resolved and block production resumes. Q2: Was user data or funds at risk during the Polygon network halt? A2: Typically, during a temporary halt in block production, existing user funds and data on the blockchain are not lost or compromised. The network simply stops processing new activity. Once the network resumes, all previous data remains intact, and pending transactions can then be processed. Q3: How often do major blockchain networks experience such halts? A3: While rare for established, large-scale networks, temporary halts or significant slowdowns can occur due to various technical issues, including software bugs, consensus mechanism glitches, or infrastructure problems. Development teams continuously work to minimize such occurrences through rigorous testing and robust architecture. Q4: What steps can I take as a user to protect myself during a network outage? A4: As a user, staying informed through official communication channels, diversifying your crypto holdings across different networks, and understanding the risks associated with decentralized platforms are key. Avoid attempting critical transactions during reported outages. Q5: How did the Polygon network recover from this halt? A5: While the exact details of the recovery mechanism for this specific incident were not immediately public, blockchain networks typically recover from halts through coordinated efforts by validators and core developers. This often involves identifying the root cause, deploying necessary patches or updates, and then restarting or resynchronizing the network’s operations. Q6: What is the long-term impact of this halt on the Polygon network’s reputation? A6: The long-term impact depends heavily on the Polygon team’s transparency, the thoroughness of their post-mortem analysis, and the measures they implement to prevent future incidents. While any downtime can be concerning, a quick and effective resolution, coupled with clear communication, can help maintain and even rebuild community trust. If you found this article insightful, consider sharing it with your network! Help us spread awareness about the critical aspects of blockchain stability and the ongoing developments in the crypto space. To learn more about the latest crypto market trends, explore our article on key developments shaping the Polygon network’s future price action. This post Polygon Network Faces Shocking Hour-Long Block Production Halt first appeared on BitcoinWorld and is written by Editorial Team
Tom Lee, managing partner and head of research at Fundstrat Global Advisors, believes Ethereum has found its defining breakthrough moment, positioning stablecoins as the catalyst that could propel the blockchain to mainstream financial infrastructure. During a July 30 interview , Lee suggested that stablecoins represent the “ChatGPT moment” for the cryptocurrency industry, noting how consumers have virally embraced this technology. Tom Lee: Stablecoins Are Ethereum’s ‘ChatGPT Moment’ and Could Redefine Crypto Innovation Video Source: https://t.co/iHpcAkJItT pic.twitter.com/4W41SeuN2j — Wu Blockchain (@WuBlockchain) July 30, 2025 He emphasized that the majority of stablecoin growth has concentrated around Ethereum, helping to unleash a surge of innovation within traditional finance, similar to how ChatGPT transformed Silicon Valley’s focus from Software-as-a-Service (SaaS) to artificial intelligence (AI) ventures. Lee’s Bold ‘ChatGPT Moment’ Thesis Drives Retail Investors to Ethereum While recognizing Ethereum’s position as a premier programmable blockchain, Lee clarified that the meteoric rise of stablecoins serves as the primary catalyst behind his Ethereum treasury investment thesis, particularly given the revenue opportunities through staking mechanisms. He also referenced Circle’s IPO performance and the development of stablecoin-powered enterprises with attractive earnings multiples, believing that Wall Street will increasingly converge toward backing cryptocurrency ventures that deliver enhanced consumer value through stablecoins. Throughout the interview, Lee reflected on how individual investor behavior has evolved in the digital era. A on stablecoins and Ethereum 1/ Stablecoins is the singular most successful crypto product and the only one to move into the "real world" with $250 billion in total assets we are in the earliest days…. (keep reading plz) @fs_insight @SeanMFarrell https://t.co/7J91f7KccD pic.twitter.com/Qqiafd6EXg — Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) June 28, 2025 He attributed this transformation to two significant trends: the emergence of independent media through platforms such as Twitter, which has provided startups with enhanced visibility, and the cyclical resurgence of retail investor enthusiasm in U.S. equity markets that typically occurs every two decades. These fundamental shifts, according to Lee, have revolutionized market participation, particularly among younger demographics, making assets like Ethereum more accessible and comprehensible to the general public. Lee, who gained widespread recognition during his tenure as chief equity strategist at JPMorgan Chase, has maintained a consistent advocacy for cryptocurrencies over the years. Although his bullish market perspectives have garnered both applause and skepticism, his forecasts have frequently coincided with significant cryptocurrency adoption cycles. In 2019, a CNBC host said it's “crazy” to Tom Lee's advice to invest 1-2% of assets in #Bitcoin for $5,000 pic.twitter.com/OLlHnrG0On — Vivek Sen (@Vivek4real_) December 2, 2024 His recent appointment as chairman of Bitmine , where he helped develop a multi-billion-dollar Ethereum treasury approach, has further established his credentials as an institutional cryptocurrency proponent. Wall Street Bets on Ethereum Treasuries as ETH Dominates 50.5% of $266B Stablecoin Market Just yesterday, BitMine Immersion Technologies (BMNR) launched a $1 billion share repurchase program as its Ethereum (ETH) reserves surged beyond 625,000 ETH, valued at $2.3 billion, establishing its position as the largest corporate holder of the digital asset. This development has attracted Peter Thiel, co-founder of PayPal and Palantir, who acquired a substantial 9.1% stake in BitMine , further showing Wall Street’s growing embrace of cryptocurrency investments. Similarly, on July 29, ETH Strategy successfully raised $46.5 million (12,342 ETH) to advance its Ethereum treasury initiative, focusing on staking operations and liquidity provision. With Ethereum dominating stablecoin issuance by capturing $132.79 billion (50.5%) of the total $266.11 billion supply, industry observers anticipate that additional cryptocurrency innovations will leverage Ethereum as their primary platform. Source: DefilLama Nations and regions are now scrambling to preserve their influence in global trade settlement amid the disruptive impact of stablecoins. Yesterday, China Industrial Bank announced its intention to prioritize stablecoin research while expanding its “AI+” framework. During its mid-year strategic conference, the institution outlined plans to accelerate its evolution from a “Digital Industrial Bank” to a “Smart Industrial Bank.” China’s exploration of yuan-backed stablecoin is not just domestic digital finance reform but also currency internationalization. #china #stablecoin https://t.co/GRyMPrG5O8 — Cryptonews.com (@cryptonews) July 28, 2025 Meanwhile, senior European Central Bank advisor Jürgen Schaaf cautioned that Europe faces the risk of diminished monetary sovereignty as euro-denominated stablecoins represent merely 0.15% of the $230 billion global marketplace. In a July 28 official ECB statement , Schaaf characterized stablecoins as fundamentally reshaping international finance while cautioning that European financial stability and policy independence could face significant challenges without proactive strategic measures. The post Fundstrat’s Tom Lee Calls Stablecoins Ethereum’s ‘ChatGPT’ Breakthrough appeared first on Cryptonews .
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Shiba Inu in transitional state as 80% of holders are holding to it for more than a year
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Bitcoin (BTC)’s liquidity faced “a significant test” over the past weekend, following the exit of a Satoshi-era whale. However, the market has remained resilient, according to the latest report by blockchain data platform Glassnode , with “a supermajority of investors” still holding unrealized profits. The analysts turned to the metric called the Realized Cap, which quantified the total USD-denominated liquidity within the Bitcoin network. At the time of the report, it stood at over $1.02 trillion. This amount, they note, highlights “the asset’s immense and growing liquidity profile and market depth.” Notably, this liquidity was tested over the weekend. An early Bitcoin investor distributed a whopping 80,000 BTC ($9.6 billion) in batches through Galaxy Digital , likely through market sales and OTC transactions. However, the market “efficiently absorbed” this sell-side event, which Glassnode describes as “one of the largest discrete profit-taking events in its history” and “the single largest sell-side pressure event in Bitcoin’s history, an immense liquidity stress test.” Source: Glassnode Moreover, the event caused a major spike in the Net Realized Profit/Loss metric, which hit an ATH of $3.7 billion. The spike “preceded the weekend sell-off and reflected the movement of coins in advance of the final distribution.” Meanwhile, the Bitcoin market has “remained remarkably stable,” even with the sell-side pressure and profit-taking by long-term investors. Therefore, a “supermajority” of investors still hold their BTC “at a meaningful unrealized profit, with over 97% of the circulating supply still held, despite spot prices trading above their original acquisition price.” Unrealized profits, or the total dollar value of paper gains across all market participants, recently hit an ATH of its own of $1.4 trillion in aggregate. These metrics underscore “how the majority of investors are sitting on substantial paper gains, and set up an environment of potential future sell-side pressure should prices continue to rise further”, the report notes. You may also like: BTC’s Upwards Trajectory is Unshaken, But Few Altcoins Will Perform Well – Coinbase and Glassnode Tom Lee, managing partner and head of research at Fundstrat Global Advisors, believes Ethereum has found its defining breakthrough moment, positioning stablecoins as the catalyst that could propel the blockchain to mainstream financial infrastructure.During a July 30 interview, Lee suggested that stablecoins represent the "ChatGPT moment" for the cryptocurrency industry, noting how consumers have virally embraced this technology.He emphasized that the majority of stablecoin growth... Bitcoin May Move to $141,000 if It Breaks Above Current Range The resulting sell-side pressure from the whale’s exit pushed the price down to $115,000. It then stabilized at $119,000, just below the latest all-time high, despite the scale of the transaction. “This episode illustrates Bitcoin’s ability to absorb large sell-side volumes, even during typically thinner weekend trading hours, reinforcing the market’s structural robustness,” the report argues. Meanwhile, BTC currently trades at $118,363. It’s unchanged in a day and in a week. It’s up 10% in a month and 77% in a year. BTC hit its ATH of $122,838 on 14 July, decreasing 3.7% since. Per several on-chain valuation models, Bitcoin remains range-bound between $105,000 and $125,000. A decisive breakout above this range could “shift market dynamics” and make way for a move toward $141,000. The latter is an area where “profit-taking could sharply intensify.” It’s likely to see increased sell-side pressure due to the high unrealized profit expected there. On the other hand, “a light volume zone sits just below the current price between $110,000-$115,000.” This is “a critical area to monitor should a market pullback occur.” Meanwhile, the Long-Term Holder Net Realized Profit/Loss jumped to a new ATH of $2.5 billion, compared to the previous high of $1.6 billion. Source: Glassnode Also, the researchers compared the ratio between Long and Short-Term Holder supply, noting a recurring pattern across all three ATH formations this cycle. There’s an initial phase of accumulation, followed by a sharp pivot into aggressive distribution, they write. The distribution phase is underway, and the LTH/STH supply ratio continues to contract. Additionally, the Unrealized Profit metric indicated that many investors are still “quite positive about market conditions, acting as a tailwind for sentiment, but also a growing incentive to cash in on the road ahead.” You may also like: Why Is Crypto Down Today? – July 30, 2025 The crypto market is down today, with 92 of the top 100 coins per market in the red. The cryptocurrency market capitalization has dropped by another 4.8% over the past 24 hours to $3.95 trillion. At the same time, the total crypto trading volume is at $146 billion.Crypto Winners & LosersOver the past 24 hours, only two of the top 10 coins per market capitalization have seen their prices rise.Bitcoin (BTC) decreased by 0.7% in a day, now trading at $118,159. This is the second... The post Bitcoin Liquidity Was Tested, But Investor Supermajority Stays in Profit appeared first on Cryptonews .