The total on-chain stablecoin transaction volume surged to a new all-time high of $1.5 trillion in July, marking a significant milestone in the sector.According to Sentora’s (formerly IntoTheBlock) data, this figure represents a sharp increase from the $1.26 trillion processed in June and surpasses the previous high seen in August 2024, when volumes topped $1.4 trillion.Chart Showing Stablecoins On-chain Volume From 2018 (Source: Sentora)Meanwhile, a closer look at the July numbers revealed that Circle’s USDC dominated the stablecoin market, accounting for nearly 50% of the total volume. USDC transactions reached approximately $748 billion in July.Meanwhile, Tether’s USDT, the largest stablecoin…
Author: cryphedge
Crypto Journalist Anas Hassan Crypto Journalist Anas Hassan About Author Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech. Share Last updated: August 5, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from cryptocurrencies and blockchain projects to industry events, products, and…
Key Highlights Kraken CSO warns of fake emails targeting users. Scam uses urgent language and fake deadlines. Victims asked to install apps for “support”. Kraken’s Chief Security Officer (CSO), Nick Percoco, has warned the crypto community about a clever phishing scam that is being operated in the name of the exchange. In this scam, the scammers are pretending to reach out from the exchange, to trick people into giving up their personal information. The warning has spread quickly online and this incident shows how scams are getting smarter and more common in the crypto space. Users are being urged to…
Shiba Inu was launched on August 1, 2020, and officially entered the DEX for trading five days later. The common public could buy and sell SHIB from August 5, 2020, and it’s now been five years since it was made available to the average investor. In five years, the dog-themed token has made several investors millionaires in a short period, with relatively few investments. Even an investment of $650 made a truck driver, who was early into SHIB, take home more than $1 million.Also Read: How Many Shiba Inu Coins Must Be Burned To Hit $0.0001?Shiba Inu is Now Five…
The Philippine Securities and Exchange Commission (SEC) has flagged ten prominent crypto exchanges, including OKX, Bybit, KuCoin, and Bitget, for operating in the country without the necessary approval.On Aug. 4, the SEC issued a public warning advising residents to avoid engaging with these unregistered platforms, which have not secured licenses to operate or solicit investments within the Philippines.The financial regulator added:“This list is not exhaustive. Other platforms offering similar services to the Philippine public without registration or SEC approval are likewise considered to be operating in violation of Philippine securities laws.”The SEC emphasized that these platforms pose significant risks to…
Litecoin leads today’s gainers with a 13% jump, renewing interest in large-cap alts. XRP bulls should defend $3.0 to prevent significant dips. Two firms have purchased Solana worth over $23 million. Digital tokens recorded minor price actions on Tuesday as the global cryptocurrency market cap soared 0.15% the past day to $3.73 trillion. Meanwhile, Litecoin led the gainers with an over 12% gain, sparking interest in large-cap and legacy altcoins. Ripple’s XRP trades at a crucial juncture as bulls defend the support level at $3.0, while Solana sees institutional traction as two companies purchase SOL worth over $23 million. Let…
Conversations around cryptocurrencies in 2025 aren’t about hype; it’s about fundamentals in motion. Bitcoin remains range‑bound above $115K, as investors eye potential Fed rate cuts and renewed ETF inflows that brought in $14.4 billion year-to-date. Ethereum stole headlines too, surging over 50% in recent weeks, driven by $5.4 billion in institutional ETF inflows and staking optimism under the GENIUS Act. Meanwhile, XRP jumped 5% and Dogecoin rose 3.31%, snapping back from recent lows amid rising retail enthusiasm and meme-coin chatter. With the big four commanding breakout narratives, more everyday investors are asking: How do I earn steady crypto income without holding volatile…
Story HighlightsThe live price of the Enjin token is $ 0.07181358The ENJ price could reach a potential high of about $0.16182 by the end of 2025.The Enjin blockchain has grown to a vibrant web3 gaming ecosystem with over 4 million users and already 1.2 billion NFTs minted.The Enjin (ENJ) network has grown to a vibrant ecosystem with more than 4 million users and over 1.2 billion NFTs already minted. The notable growth of the web3 gaming industry in the past few years has played a crucial role in the mainstream adoption of the ENJ token, which is used for governance purposes,…
Crypto Journalist Amin Ayan Crypto Journalist Amin Ayan About Author Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has… Share Last updated: August 5, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from…
Bitcoin price is showing strong bullish momentum as it breaks out of a descending trend. This technical formation, often associated with trend continuation, signals the potential for a significant upside move. With key support holding near $113.7K, BTC appears poised to retest the $120K resistance zone. Meanwhile, the extended targets are around $134K–$146K. The breakout has also coincided with increased whale accumulation and a steady rise in network activity, hinting at growing market confidence. Will Bitcoin maintain this breakout and surge toward new highs, or is a pullback still on the cards?Why Is the $120,000 Range Important for Bitcoin Price?Soon after…
