USDC PSM Buffer Proposal Doubles to $800M
BA Labs proposes doubling LITE-PSM-USDC-A parameters in Sky stablecoin system, increasing daily refresh capacity to 1.6B and serving capacity to 2.4B; pending Executive Vote approval. #Update #Crypto $USDC
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Kraken Launches USDCx on Canton Network
Kraken now supports USDCx deposits and withdrawals on the Canton Network, enhancing stablecoin infrastructure for institutional finance. USDCx is backed 1:1 by USDC in Circle’s xReserve. #Update #Crypto $USDC
Bitcoin Faces 7M Quantum Risk Warning
Coinbase’s Quantum Advisory Council warns that 7 million $BTC are vulnerable to future quantum attacks due to exposed public keys and address reuse, urging early post-quantum migration planning. #Update #Crypto $BTC
Bitcoin Network Dismantled Ransomware Gangs
Law enforcement dismantled AudiA6, a crypto laundering network linked to ransomware, processing 10,333 BTC ($389M). Two administrators arrested in Georgia; U.S. seeks extradition. #Breaking #Legal @Chainalysis
Dogecoin Triggers Rare Capitulation Signal
Dogecoin trades 34% below realized price, signaling capitulation as on-chain metrics show substantial unrealized losses. Market remains weak with bearish indicators. #Update #Crypto $DOGE
SUI Crashes After Resistance Rejection
SUI faces continued bearish pressure, failing to break resistance at $0.747-$0.855, with key support at $0.65-$0.49 crucial for potential stabilization. #Update #Crypto $SUI
Bitcoin Enters Final Bear Market Phase
A crypto analyst predicts Bitcoin has entered the final bear market phase, with potential declines to $47,000-$51,000 by October 2026. Current price: $62,799.
Ethereum Nears 200M Wallets Milestone
Ethereum nears 200 million non-empty wallets amid market uncertainty, highlighting the network’s growth despite volatile conditions. #Update #Crypto $ETH
Ethereum Futures Surge to Binance Record
Ethereum derivatives open interest on @Binance hits a record 3.7M ETH, signaling renewed speculative demand despite macro uncertainty. $ETH trades 67% below ATH. #Update #Crypto $ETH
Bitcoin Could Hit $1 Million Says Exec
Morgan Stanley’s Amy Oldenberg suggests $BTC could reach $1 million over time, requiring gradual adoption or market shifts, as the firm expands its digital asset services.
Cardano Whales Surge: Market Turning Point
Dormant Cardano whales have reactivated, potentially signaling a market shift. This activity could influence $ADA’s price trajectory. #Update #Crypto $ADA
Bitcoin Transition Indicator Delays Bottom
On-chain data indicates Bitcoin’s PnL Index is in a transition phase, not yet undervalued. Short-term holder whales face $16.4B unrealized losses. $BTC at $61,700, down 6% in seven days.
Cardano Holders Shift Billions in Assets
Cardano’s oldest holders are moving their $ADA, signaling potential market shifts. This activity may influence Cardano’s price dynamics in the coming days. #Update #Crypto $ADA
Ethereum Surges Above $1,550 Triggering Rally
Ethereum’s price is correcting below $1,665, facing resistance at $1,650 and $1,720. A failure to clear these levels may lead to further declines. #Update #Crypto $ETH