Tether’s CEO Highlights Bitcoin’s Resilience Amid Market Volatility, Sparking Mixed Reactions in the Crypto Community

🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Tether’s CEO Paolo

Read more

Big Whales Are on the Move: They Made Heavy Transactions in Altcoins – Here Are the Details

The cryptocurrency market experienced notable whale activity today. Multiple large-volume transfers caught investors' attention. A PumpFun (PUMP) presale investor transferred 1.25 billion PUMP ($4.09 million) to the Kraken exchange. This transfer means the whale realized a loss of approximately $910,000 (-18.2%). It is known that the whale purchased 1.25 billion PUMP for 5 million USDC in the public sale on July 12 and accumulated the tokens in 5 different wallets. Another whale unstaking 30,010 SOL ($4.9 million) and depositing 30,050 SOL to Binance after two months of inactivity. Over the last four months, the same whale has demonstrated significant activity, unstaking a total of 205,072 SOL ($30.07 million) after four years of staking. Related News: US Government Partnership with Major Company Turns Price of Related Altcoin Green This whale still has 1,108,368 SOL staked, worth approximately $179 million. On the other hand, 4 multi-signature wallets thought to belong to the same organization received a total of 101,131 ETH (approximately $363.58 million) from FalconX, Galaxy Digital, and BitGo in the last 2 days. The Royal Government of Bhutan has transferred 517 BTC ($59.23 million) worth of assets to a new wallet, likely linked to Binance. *This is not investment advice. Continue Reading: Big Whales Are on the Move: They Made Heavy Transactions in Altcoins – Here Are the Details

Read more

Tether CEO Issues Bullish Bitcoin Statement Despite Crypto Market Slump

Bitcoin’s price is unstable but investors' sentiment remains unwavering

Read more

US Treasury yields rose to 4.24% after weak demand at the latest 10-year note auction

Treasury yields jumped again on Wednesday after a disappointing 10-year note auction made it clear investors are no longer buying the rally without hesitation. The bidding flopped just enough to shake confidence. The yield on the 10-year climbed to 4.24%, up three basis points from the previous session, and even spiked to 4.28% about 90 minutes before the auction ended, before slipping back down. The actual result of the auction didn’t help. The new 10-year note printed a yield of 4.255%, which was 1.1 basis points above its pre-auction trading level. That difference, known as a “tail,” was the largest tail since last year’s botched 10-year auction, where it missed by more than three basis points. That kind of gap is seen as a red flag, especially when investor nerves are already high. The size of the tail also meant the coupon landed at 4.25%, instead of the expected 4.125%, giving the note a slightly better payout. Rate cut hopes pull yields lower, but belly stays rich Despite the weak turnout, this auction still resulted in the lowest 10-year yield since December, according to data from Bloomberg. That drop is tied to rising bets on Federal Reserve rate cuts , especially after last Friday’s weak jobs data. July’s employment numbers came in softer than expected, and the previous two months were also revised lower. That shift in labor momentum pushed more traders into betting on rate cuts by year-end. On Wednesday, Neel Kashkari, the president of the Minneapolis Fed, said the US economy is slowing and “a rate cut may be appropriate in the near term.” Neel still expects two cuts before the end of 2025. Traders are now pricing in nearly 60 basis points of easing by December, and market odds for a move in September hit 85%, reflecting growing confidence in an earlier cut. Still, auctions don’t care about weekly news. They happen every month on a fixed schedule. Even when 10-year Treasury yields were approaching 3.85% in early April, the calendar didn’t shift. This week’s auction series wraps up on Thursday with a $25 billion 30-year note, which is expected to come in with the lowest yield since March. Five-year notes trade rich as Fed expectations build While the 10-year drama played out, traders also noticed how strange the five-year note looks right now. It’s rarely been this expensive compared to other maturities unless the Fed had rates pinned at zero, which it doesn’t. Today, the five-year yield sat around 3.78%, near the top of its range since early 2022, the last time the Fed’s overnight rate floor was at 0%. Goldman Sachs strategists William Marshall and Bill Zu highlighted just how off-balance the five-year zone is. They used a valuation method called a butterfly spread, where the five-year yield is doubled and the combined yield of the two- and 30-year notes is subtracted. Right now, that number is near -100 basis points, which is the lowest it’s been since early 2021. “The defining feature of the Treasuries market has been and remains how rich the belly is,” William and Bill said . They added that this pricing is based on expectations that the Fed will cut rates more quickly and by larger amounts, but they don’t think it’ll last. They explained that since the start of the year, traders have been betting on more near-term cuts and deeper overall cuts, which has pulled extra demand into the belly of the curve, especially the five-year. But they warned that the only way that valuation will start to unwind is if the market moves toward front-loaded cuts. Despite the overvaluation, the five-year has been the top-performing part of the yield curve this year. It’s benefited from the same rate-cut optimism that has kept longer-term yields from falling. Meanwhile, inflation that refuses to fully ease and the growing US budget deficit continue to apply pressure to long-maturity yields, including the 30-year. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot

Read more

US Prosecutors May Consider Retrial for Tornado Cash Developer Roman Storm After Hung Jury Verdict

🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Roman Storm’s trial

Read more

Three Crypto Assets To Buy Now: DeSoc, AVAX And Cardano, Here’s Why

DeFi is booming, and investors are eager for the next big altcoin in 2025. In recent market news, low-gas-fee crypto and social-heavy protocols have caught attention, signaling a strong shift toward projects that go beyond hype. With crypto trends today favoring user-owned ecosystems that reward engagement and data ownership, major players are pushing towards gas-efficient chains and governance-driven networks. But the most exciting opportunities lie in platforms that blend real-world utility with robust token incentives. That’s where DeSoc enters the spotlight. Avalanche (AVAX) Is Still On Course For 2x In 2025 Avalanche’s low transaction fees and sub-2-second finality continue to attract DeFi builders. Avalanche (AVAX) continues bragging about a robust path towards a possible 2x reward later this 2025, as the price continues to trade near $25.90. AVAX recently surged past key support at $21.40, with analysts forecasting a trading range of $37.70–$41.10 before the end of the year. The Avalanche 9000 mainnet upgrade, 45 million unique addresses , and a record 18.1M daily transactions highlight AVAX’s scalability and low fees, boosting its status as a top Ethereum rival. Cardano: Smart Contracts & Ecosystem Growth Cardano’s Alonzo upgrade and Hydra scaling plans are pushing its utility forward. ADA has climbed 4% this week after announcing partnerships for on-chain identity services in Africa. ADA is consolidating above $0.76, with traders eyeing a bullish move toward $0.82. As long as it holds above $0.74 and volume builds, the uptrend looks set to continue. Price forecasts suggest ADA could hit $1.80 by late 2025, thanks to rising smart contract adoption and the upcoming Hydra rollout. Cardano’s emphasis on formal verification and academic rigor continues to attract quality developers. Social-First Innovation with $SOCS: Is DeSoc the Best Crypto to Buy Now? DeSoc is an emerging decentralized social Layer 1 platform with the native $SOCS token, redefining social engagement via blockchain. Its protocol supports social tipping, community moderation, and creator monetization on-chain, simplifying token usage through gasless posting and wallet-native identity. The token fuels real interactions: posting, voting, rewarding creators, and evolving platform governance. Compared to AVAX or ADA, DeSoc prioritizes social utility over pure DeFi. Its smart contract design targets meaningful interaction rather than speculative trading. With integrated NFTs for content and tipping, it aligns community power and economic incentives in a user-owned network. The platform’s tech stack focuses on scalability for content-heavy apps, making its growth potential strong. For investors seeking long-term altcoin plays, $SOCS offers a grounded, community-centric narrative that aligns with future Web3 trends. Consider adding DeSoc to your portfolio as the next big altcoin in 2025. This isn’t hype, it’s a platform built for real use. Discover the future of decentralized social infrastructure with DeSoc. Explore the project and join the SOCS token presale here: Website : https://desoc.space The post Three Crypto Assets To Buy Now: DeSoc, AVAX And Cardano, Here’s Why appeared first on TheCoinrise.com .

Read more

Iren’s Astounding Ascent: Dominating Bitcoin Mining in July

BitcoinWorld Iren’s Astounding Ascent: Dominating Bitcoin Mining in July In a truly significant shift within the digital asset landscape, Iren Limited has recently captured the spotlight. This innovative company achieved a remarkable feat in July, becoming the undisputed leader in Bitcoin mining hashrate. This accomplishment signals a dynamic change, pushing past established giants like Marathon Digital (MARA) and redefining the hierarchy in the highly competitive crypto mining sector. Iren’s Remarkable Rise: A New Leader in Bitcoin Mining? Iren Limited didn’t just inch ahead; they made a decisive move. Reports from The Block confirm that Iren surpassed Marathon Digital in key performance metrics during July. This included not only overall hashrate but also actual Bitcoin production and the crucial measure of fleet utilization. Fleet utilization refers to how efficiently a miner’s equipment is running, converting raw power into valuable Bitcoin. Iren’s superior efficiency highlights their operational excellence in the demanding world of Bitcoin mining . Higher Hashrate: Iren deployed its mining power effectively. Increased BTC Production: More Bitcoin was successfully mined by Iren. Optimized Fleet Utilization: Their machines worked smarter, not just harder. Understanding the Surging Bitcoin Hashrate: What Does 900 EH/s Mean? Iren’s ascent comes at a time when the entire Bitcoin network is experiencing unprecedented growth. For the first time ever, the network’s collective hashrate soared past 900 exahashes per second (EH/s). But what exactly does this staggering number mean for crypto mining ? Hashrate is a measure of the total computational power being used to process transactions and mine new Bitcoin. A higher Bitcoin hashrate signifies increased network security and more participants vying for block rewards. It essentially means the network is stronger and more robust than ever before. This surge indicates a massive influx of new mining hardware and increased investment in the sector. Consequently, the difficulty of mining Bitcoin also rises, making it harder for individual miners to secure rewards unless they are highly efficient and well-resourced, like Iren. Navigating Intense Mining Competition: Challenges and Opportunities The milestone of 900 EH/s underscores the escalating mining competition within the Bitcoin ecosystem. While a robust network is beneficial for security, it presents significant challenges for miners. Companies must constantly upgrade their hardware, optimize energy consumption, and manage operational costs meticulously to remain profitable. For smaller miners, this environment can be particularly harsh. However, this intense competition also fosters innovation. Companies like Iren are compelled to develop cutting-edge strategies and deploy the most efficient technologies. Their success demonstrates that strategic planning and operational excellence are paramount. This dynamic landscape rewards those who can adapt quickly and execute flawlessly. Beyond July: What’s Next for Iren and Bitcoin Hashrate Trends? Iren’s performance in July sets a new benchmark, but the question remains: can they maintain this lead? The Bitcoin hashrate continues to fluctuate, influenced by factors like Bitcoin’s price, energy costs, and the availability of new mining rigs. The ongoing expansion of the network means that every miner, including Iren, must continuously innovate and scale to stay competitive. This relentless pursuit of efficiency is a defining characteristic of the modern Bitcoin mining industry. Looking ahead, observers will be keen to see how Iren solidifies its position and how other major players like Marathon Digital respond. The landscape of crypto mining is always evolving, promising more shifts and strategic plays in the months to come. Iren Limited’s breakthrough performance in July, leading the Bitcoin mining sector by hashrate and efficiency, marks a pivotal moment. Their success amidst a surging network hashrate highlights the increasing intensity and sophistication of mining competition . This achievement not only redefines industry leadership but also underscores the critical importance of operational efficiency and strategic innovation in the ever-evolving world of cryptocurrency. As the network continues to grow, the race for supremacy in Bitcoin mining remains as compelling as ever. Frequently Asked Questions (FAQs) 1. What was Iren Limited’s significant achievement in July? Iren Limited became the leading Bitcoin miner by hashrate in July, successfully outperforming Marathon Digital (MARA) in both Bitcoin production and fleet utilization. This marked a significant shift in the competitive landscape of Bitcoin mining . 2. How did Iren surpass Marathon Digital in Bitcoin production? Iren achieved this by demonstrating superior operational efficiency and fleet utilization. This means their mining equipment was running more effectively and producing more Bitcoin relative to their deployed hashrate compared to Marathon Digital. 3. What is the significance of the Bitcoin network hashrate surpassing 900 EH/s? The network hashrate reaching 900 EH/s indicates a massive increase in the total computational power dedicated to securing the Bitcoin network. This signifies enhanced network security, but also intensified mining competition , as more participants are vying for block rewards. 4. What are the primary challenges faced by Bitcoin miners today? Today’s Bitcoin miners face challenges such as rapidly increasing network difficulty, the need for continuous hardware upgrades, high energy costs, and the relentless pressure of mining competition . Operational efficiency and strategic resource management are crucial for survival and profitability. 5. Will Iren maintain its leading position in Bitcoin mining? Maintaining a leading position in Bitcoin mining is an ongoing challenge due to the dynamic nature of the industry. Factors like energy prices, new hardware releases, and changes in Bitcoin’s price can all impact profitability and ranking. Iren’s ability to innovate and adapt will be key to its sustained success. Did you find this deep dive into Iren’s remarkable ascent in Bitcoin mining insightful? Share this article with your network and spark a conversation about the evolving landscape of crypto mining! To learn more about the latest Bitcoin mining trends, explore our article on key developments shaping Bitcoin’s institutional adoption. This post Iren’s Astounding Ascent: Dominating Bitcoin Mining in July first appeared on BitcoinWorld and is written by Editorial Team

Read more

Ethereum’s Growth Potential: Could It Reach $60K by 2025, Echoing Bitcoin’s 2017 Surge?

🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Thomas Lee predicts

Read more

XRP Approaching Breakout. Here’s What to Watch For

XRP is currently locked in a tight consolidation range just beneath a critical resistance level, setting the stage for a potentially explosive breakout. As of report time, XRP is trading around $3.01 after briefly reclaiming the psychologically important $3.00 zone earlier in the day. This move comes after a series of failed attempts to break through the $2.96 level, identified by analyst CasiTrades as the 0.382 Fibonacci retracement mark, which has acted as a firm ceiling for over 20 hours. Key Levels Driving Market Sentiment The market is coiling tightly between $2.915 and $2.96. The lower boundary at $2.915 corresponds with the 0.5 Fibonacci retracement from XRP’s recent low at $2.72. According to CasiTrades, this support has proven resilient, with buyers stepping in repeatedly to defend it. XRP Approaching Breakout – What to Watch For! $XRP is currently hovering just below the key $2.96 level. The .382 Fibonacci retracement. For about 20 hours, this level has been strong resistance, capping all bullish attempts. Local support is at $2.915, which marks the… pic.twitter.com/Kli21RvZSA — CasiTrades (@CasiTrades) August 6, 2025 Structurally, there has been no breakdown in price action . Instead, the chart continues to suggest that the market is consolidating just under resistance, building momentum for what could be a sharp upside move. Importantly, short-term charts are still printing bullish divergence on the RSI. This indicates that, despite a minor lower low, sellers are losing strength and a new downtrend is not yet forming. The RSI signal, coupled with strong support at the .5 retracement, suggests that bullish energy is accumulating. The $2.96 resistance level has thus become the fulcrum of attention. A confirmed breakout above this line, particularly if retested and held as support, would be a strong technical signal that the bulls have regained control. Momentum Building Ahead of Key Breakout Zones If $2.96 is reclaimed and flipped to support, traders and analysts alike will turn their focus to the next upside targets—$3.21 and $3.41. These levels represent historical resistance and Fibonacci extension areas from previous impulse legs. A clean break of these points could open the door to higher targets, with $3.65 and even $4.40 seen as potential medium-term objectives, especially if ETF narratives and broader market sentiment continue to turn in XRP’s favor. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Adding to the bullish case is the broader context of strong whale accumulation and reduced exchange inflows, signaling long-term confidence among large holders. Over the past month, XRP has gained nearly 35%, supported by legal clarity surrounding Ripple’s operations and increasing speculation around institutional interest, particularly following SBI Japan’s recent filing for an ETF that includes XRP exposure. The Moment of Truth Despite the bullish momentum, the market remains at a decision point. Failure to reclaim $2.96 would likely result in more range-bound trading, and a breakdown below $2.915 could expose the token to further retracement towards $2.80 and $2.65. These lower zones align with key volume-weighted average price (VWAP) levels and longer-term trend support, making them critical to maintaining XRP’s broader bullish structure. XRP’s price is approaching a crucial inflection point. The market has consolidated within a narrow range, with bulls defending support and repeatedly testing resistance. According to CasiTrades, all signs point to a potential breakout if $2.96 can be reclaimed and held. With bullish RSI divergence, structural integrity, and growing institutional interest , XRP’s next move could define the direction of its next major leg. For now, all eyes remain on whether the bulls can flip resistance into support and ignite the rally toward the next key levels at $3.21 and $3.41. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post XRP Approaching Breakout. Here’s What to Watch For appeared first on Times Tabloid .

Read more

The US stock market closed higher Wednesday, driven by Apple’s 5% gain

The stock market ended higher on Wednesday, even as major tech names collapsed. Apple’s 5% rally helped pull the indexes into positive territory, but AMD, Snapchat, and Super Micro Computer all crashed after disappointing earnings. The S&P 500 surged by 0.73% to 6,345.06, pushing the Nasdaq to 21,169.42 after a 1.21% climb. The Dow Jones barely moved, though, rising 81.38 points, or 0.18%, to settle at 44,193.12. That bounce came after a series of red days. Before Wednesday, the S&P 500 had dropped in five of its last six sessions. The Dow was also coming off six losses in the past seven trading days. But the boost from Apple flipped the narrative, at least at the index level. AMD falls after weak numbers and China worries Advanced Micro Devices ( AMD ) dropped more than 6% on Wednesday after it posted earnings that came in below what analysts had predicted. The chipmaker said it earned 48 cents per share on an adjusted basis. That missed the 49-cent forecast by analysts tracked by LSEG. AMD also didn’t give any solid timeline on when it would restart shipments to China, which added more pressure. Over in Santa Clara, Super Micro Computer (SMCI) got hit even harder. The server and hardware firm saw its stock nosedive 18% after it missed both revenue and profit estimates for the fourth quarter. Super Micro said it pulled in 41 cents per share, down from the 44 cents analysts had expected. Revenue came in at $5.76 billion, falling short of the $5.89 billion Wall Street was looking for. CEO Charles Liang told investors that they’ve already “taken measures to reduce the impact” of tariffs introduced under President Donald Trump. During the earnings call, David Weigand, Super Micro’s CFO, said, “With respect to the tariffs, the situation is dynamic. We’re actively monitoring the tariff environment. We know there’s news coming out next week. If we have any updates, we’ll share them with you, but we can only watch and react as every other business is.” That didn’t calm the selloff. Snap loses 18% as ad revenue disappoints Snapchat’s parent company, Snap, also had a rough day. The stock dropped 18% after reporting second-quarter numbers on Tuesday evening. The company said advertising revenue rose just 4% year-over-year to $1.17 billion, falling below the $1.22 billion that Bloomberg said Wall Street was expecting. Snap’s leadership admitted that a technical problem hit their ad auction system, which sets prices for campaigns. During the investor call, the team said the issue caused many campaigns to be sold at “substantially reduced prices.” That glitch cost them real money. Investors weren’t patient. Even though these tech names were crashing, other corners of the market looked stronger. McDonald’s rose nearly 3% after delivering second-quarter earnings that beat both top and bottom line estimates. The company reported that same-store sales increased at the fastest rate in almost two years. Arista Networks also had a strong day, jumping 17% after beating expectations. Still, earnings season has been off to a good start overall, so far. Out of all the S&P 500 companies that have reported so far, 81% have beaten Wall Street’s expectations. That stat came from FactSet, and it helped explain why the broader market managed to finish higher, even with major losers in the mix. Bank stocks also got a small boost after reports about a potential executive action from Trump. The Wall Street Journal reported on Tuesday that the president is planning to sign an executive order this week that targets “debanking.” The rule would make it illegal for banks to drop clients because of political views, and could come with penalties for doing so. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More

Read more