A Burning System That’s Not Slowing Supply Since Ethereum’s London upgrade in August 2021, the network has burned nearly 4.6 million ETH, worth approximately $13.5 billion. This was enabled by EIP-1559, which introduced a protocol for burning a portion of transaction fees. On average, 2.22 ETH are burned every minute, with peak burn contributions from…
Bitcoin Whale Sells $1B in BTC Amid Market Peak A bitcoin whale, believed to have mined the cryptocurrency during the Satoshi era, sold 9,000 BTC — worth over $1 billion — earlier this week. The sale was strategically timed as Bitcoin touched its all-time high of $123,000 before dipping. This major liquidation was one of…
Revolutionising Income Streams for XRP Holders As Bitcoin continues its impressive surge past $120,000 and global interest in cryptocurrency reaches new heights, a game-changing solution is emerging for XRP holders seeking to generate automated, stable income streams. BlockchainCloudMining is stepping forward as a pivotal platform, offering a hands-free approach to crypto investments without the complexities…
Bitcoin Price Update: Still Holding Above $117K Bitcoin is maintaining its position around $117,000, holding steady after its recent all-time high. Despite minor pullbacks, the price remains resilient, thanks to strong support levels and continued bullish sentiment. Analysts note that consolidation at these highs often precedes a potential breakout. The current trading environment shows fewer…
Crypto Market Analysis: July 16, 2025 – Steady Flow, Select Rotation On July 16, 2025, the crypto market held a steady tone, with Bitcoin edging up and Ethereum pushing into fresh weekly highs. The total market cap hovered near $3.9 trillion, driven by ongoing ETF flows and resilient macro sentiment. Altcoins experienced selective rotation—SOL and SUI…
Standard Chartered Pioneers Direct Crypto Trading for Institutions In a landmark move that signals a deeper intertwining of cryptocurrency with mainstream finance, Standard Chartered has begun allowing its institutional clients to directly trade Bitcoin and Ether. This makes the London-based lender the first major bank to enable spot cryptocurrency transactions, a significant development in the…
Crypto Market Retreats After Bitcoin’s Record-Breaking Rally The cryptocurrency market, known for its dynamic swings, experienced a sharp retreat on Tuesday morning, following Bitcoin’s impressive rally to a new all-time high of $123,000. This downturn saw major digital assets undergo widespread declines as traders opted to take profits from recent gains. The market’s behaviour is…
Ethereum has broken through the $3,000 barrier, signaling renewed market confidence and a potential rally toward $4,000. With strong institutional interest, favorable technical indicators, and a bullish market setup, Ethereum could be mirroring Bitcoin’s historic 2020 breakout. Key support at $2,900 and momentum past $3,500 are crucial for ETH’s next leg up. Could this be…
Record-Breaking Momentum for Bitcoin Bitcoin broke past the $120,000 mark for the first time, signaling renewed investor enthusiasm as the US House of Representatives launches “Crypto Week.” The cryptocurrency surged to as high as $123,205 before settling around $121,600, gaining 3.4% in early Monday trading in New York. Ether and other major altcoins, including XRP…
Crypto Market Analysis: July 15, 2025 – Calm Before the Surge? The cryptocurrency market displayed signs of quiet strength on July 15, with Bitcoin maintaining levels around $118,000 and Ethereum holding above $3,000. The global market cap stood at approximately $3.84 trillion, with modest gains in daily trading volume. Investors appeared to be waiting on…
