While U.S. dollar-backed stablecoins continue to dominate the conversation, recent discussions with investors indicate a growing focus on the tokenization of real world assets (RWAs), including stocks, bonds, bank deposits, and real estate, Bank of America (BAC) said in a report Monday. According to BofA, this shift marks the beginning of a multi-year journey toward … Read more
Bitcoin (BTC) has been trading in an excruciatingly tight range just below $120,000, but the rally is quickly losing momentum as the market enters what has historically been a soft month for the crypto, a report from 10x Research warned. August has been bitcoin's weakest month over the past decade, with only three positive years … Read more
Bitcoin BTC is witnessing a notable resurgence in accumulation activity across all investor cohorts, with whale wallets leading the charge. According to recent data from Glassnode, the number of unique whale entities, defined as those holding at least 1,000 BTC, has risen from 1,392 to 1,417 over the past week. This marks one of the … Read more
NEAR Protocol (NEAR) staged a modest intraday recovery during the final 60 minutes of trading on July 30, inching from $2.62 to a session high of $2.63 before settling back at $2.62. While the movement may appear marginal, it unfolded against a backdrop of persistent downward pressure, reflecting a nuanced tug-of-war between fresh DeFi momentum … Read more
ATOM tumbled 3.7% in the 24-hour session ending July 30 at 14:00 GMT, falling from $4.60 to $4.43 under intense selling pressure. The most aggressive drop occurred between 10:00 and 11:00 GMT, when the price plummeted from $4.48 to $4.39 on an explosion of volume to 2.71 million—nearly triple the daily average. This steep decline … Read more
Cosmos’ native token ATOM posted a robust 4% gain over the past 24 hours, surging from $4.78 to $4.89 between July 27 at 15:00 and July 28 at 14:00 UTC. The token’s bullish advance was supported by clear technical signals, including multiple higher lows and a decisive breakout above the $4.84 resistance level, powered by … Read more
BONK has rallied 6%, recovering from earlier declines to reach $0.000036. The Solana-native meme coin traded in a wide 12% range, moving between $0.00003276 and $0.00003670, with pronounced volatility offering opportunity for accumulation by strategic buyers. Price momentum was strongest between 12:00 and 13:00 UTC on July 28, when BONK surged to its daily high … Read more
Sui (SUI) rallied 15% on Saturday to $4.23, extending its multi-week surge and outperforming most major cryptocurrencies. The token is now up 13.1% over the past week, 28.7% in the last 14 days, and 62.3% over the past month, according to CoinDesk data. The move drew renewed attention from crypto traders, with analysts flagging potential … Read more
SUI (SUI) rebounded forcefully on Thursday, rising to $3.78 from $3.52 in just five hours, after slumping 8% during the U.S. night. The token had dropped from $3.82 starting around 11 p.m. ET before bottoming out at 3 a.m. ET. At that point, trading volume swelled to 35.4 million. That's more than double its 24-hour … Read more
Microsoft Chairman and CEO Satya Nadella on Tuesday said there is a tremendous momentum in cloud adoption, as he termed cloud a “big game changer”. Nadella, who is currently in India, addressed Microsoft Future Ready Leadership Summit in Mumbai on Tuesday. He is also scheduled to visit Delhi and Bengaluru this week, and will be … Read more